We report in compliance with TCFD recommendations

Committed to the climate

Since 2017, we have adapted the structure of the climate change section of the Integrated Management Report to the TCFD recommendations (Task Force on Climate-related Financial Disclosures).

TCFD logo on wind turbine

Was is TCFD?

The Task Force on Climate-related Financial Disclosures (TCFD) was established in 2015 by the Financial Stability Board (FSB) at the request of the G20 leaders. The Financial Stability Board is an international organization that monitors and makes recommendations about the global financial system.

Dos empleados frente al ordenador

We identify, evaluate, and manage our risks and opportunities

The voluntary reporting framework developed by the TCFD is aimed at companies to disclose information on the financial impact of climate change risks and opportunities, as well as the integration of such issues into corporate strategy and governance and associated metrics and targets.

The objective is for companies to publish clear, coherent, and consistent information that is useful for investors and other interested parties in their decision making.

In 2018, our CEO signed Repsol's support for the TCFD recommendations.

As of the 2017 Integrated Management Report, the structure of the climate change section has been adapted to the TCFD recommendations.