New taskforce launched to help firms report on human sustainability
"We have seen how high-quality disclosures can make climate change an important part of financial decision making. We need to do the same for inequality and social issues."
The Taskforce on Inequality and Social-related Financial Disclosures (TISFD) was launched at Climate Week NYC with the goal of helping organisations integrate human sustainability into decision-making, alongside climate and nature.
Following in the footsteps of the Taskforce on Climate-related Financial Disclosures (TCFD) and Taskforce on Nature-related Financial Disclosures (TNFD), the new initiative aims to develop a global framework for companies and financial institutions to report more effectively on the impacts, dependencies, risks, and opportunities related to social issues, including inequality.