Climate-Related Financial Disclosures 2021

Progress Report on Implementing the Recommendations of the Task Force on Climate-Related Financial Disclosures. Provides an overview of the Asian Development Bank's progress in implementing the recommendations of the Task Force on Climate-Related Financial Disclosures (TCFD) established by the G20's Financial Stability Board. This report provides an overview of the Asian Development Bank's progress in implementing the recommendations of the Task Force on Climate-Related Financial Disclosures (TCFD) established by the G20's Financial Stability Board.

The report covers four areas: governance, strategy, risk management, and metrics and targets. It also presents proposed future actions to integrate climate-related risks and opportunities into the core of ADB's business strategy and decisions. This report is the bank's first disclosure under the TCFD framework.

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