TCFD reporting

The Speeki Sustainability Management System supports your sustainability reporting according to TCFD, the reporting standard used for climate reporting in many countries, including the UK. With integrated ESG software, the platform will guide you through the steps needed to build your dataset and then generate reports using our reporting module.

Speeki is your solution to climate reporting under TCFD.

TCFD remains a popular reporting standard chosen by governments around the world.

It is one of the oldest climate-related reporting standards.

The Task Force on Climate-related Financial Disclosures (TCFD) provides a framework for companies to disclose climate-related risks and opportunities. While it doesn't provide specific questions, it offers four core areas of disclosure, each with several sub-categories.

  • Speeki addresses this by offering a centralised platform that streamlines your TCFD reporting requirements.

  • By building your programmes within Speeki, TCFD reporting becomes straightforward, as our AI-powered engine prepares your reports based on the data you have in the Speeki platform.

Learn how Speeki supports your TCFD reporting.

TCFD requires reporting on key areas across ESG and Sustainability. Although it doesn’t have specific questions like many standards, there are essential areas that need to be addressed. Speeki simplifies this process by having you build your programmes within the platform, which in turn builds your datasets on ESG and Sustainability. As a result, producing your TCFD reports is straightforward with Speeki’s ESG and Sustainability reporting software.

Governance in TCFD

How the organisation governs climate-related risks and opportunities.

How climate-related risks and opportunities are integrated into the organisation's overall risk management process.

The board's oversight of climate-related risks and opportunities.

Management's responsibility for climate-related risks and opportunities.

Strategy in TCFD

The actual and potential impacts of climate-related risks and opportunities on the organisation's businesses, strategy, and financial planning.

The climate-related scenarios used by the organiation to assess the resilience of the strategy.

The organisation's goals and targets in relation to climate-related risks and opportunities.

Risk Management in TCFD

The organisation's processes for identifying and assessing climate-related risks.

The organisation's processes for managing climate-related risks.

Metrics and Targets

The metrics and targets used by the organisation to assess and manage climate-related risks and opportunities. 

‍The scope of the metrics and targets.

The targets used by the organisation to manage climate-related risks and opportunities.

Speeki offers innovative tools and features to streamline your non-financial reporting

Speeki will help you streamline your climate reporting process,  ensuring that all key areas like GHG accounting and compliance with IFRS S1 and S2 are covered seamlessly.

Learn a little more about TCFD below and how Speeki addresses your TCFD reporting.

What is the TCFD?

The Task Force on Climate-related Financial Disclosures (TCFD) is a global framework for companies to disclose climate-related risks and opportunities. It provides a consistent structure for companies to manage and report climate-related financial information.

Who needs to follow the TCFD?

While not mandatory in all jurisdictions, the TCFD is widely adopted by companies across various industries, including finance, energy, and real estate. It's increasingly becoming a standard for climate-related reporting.

How can we start implementing the TCFD?

Begin your journey with Speeki by assessing your company's climate-related risks and opportunities. Identify relevant stakeholders, gather data, and develop a disclosure roadmap. Then, within the Speeki platform, start to build out some of your key programmes. These might be in areas like climate change, governance, risk management, and biodiversity. By building these programmes and following the guidance and videos provided by Speeki, you will start to address these key issues.

Are we implementing TCFD, technically?

Unfortunately, many industry players would say 'yes'. But the answer is definitely 'no'. You are building climate programmes and starting to document your climate system to manage climate risks. You are also developing a governance model and documenting how you manage climate risk as part of your overall risk management strategy. That is your focus. The 'implementation of TCFD'? That is just pressing 'generate report'.

How can we measure the effectiveness of our TCFD implementation with Speeki?

Technically, you are building programmes around climate risks. Your dashboard will immediately show how that programme development is progressing. The dashboard will also indicate how you are doing in preparing your TCFD report.

I need to follow TCFD in some countries and other standards in others; can Speeki help?

Of course, Speeki can help. We assist you in building programmes on key topics, allowing you to produce reports according to multiple standards. With the Speeki approach, producing reports according to different standards is very easy.

TCFD reporting is easy with Speeki.  Connect with us to get started.

With support from AI and advanced technology, we can help you with your ESG and Sustainability reporting.

Partnership

At Speeki, we recognise that sustainability reporting is more than a compliance requirement; it's an ongoing journey. Join us and experience the Speeki difference.

Ramp up your ESG and Sustainability reporting with ESRS, IFRS (S1 and S2) and other country-based standards with Speeki.

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IFRS-ready (S1 and S2)
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CSRD-ready
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ESRS-ready