Download Understanding Business Climate Change Risk using the TCFD Process

This research evaluated using the Task Force on Climate-related Financial Disclosures (TCFD) methodology to assess climate change risk in forestry businesses. The key benefit of the TCFD approach is that it exposes business strategy, governance and operations to risk analysis and management and focuses on understanding any financial risks. This research is the first step on what the TCFD suggests is a five-year process. This analysis can start to define the climate change risk analysis.

Keywords: Forestry, climate change, risk assessment, business risk,