Responsible Business Report 2023

Further information


Annex 6: Taskforce on climate-related financial disclosures

The Management Board of Clyde & Co recognises the urgency and severity of climate change. The risks and opportunities to our business that are related to climate change are steadily increasing. Climate change and Environmental, Social and Governance (ESG) rank equal 4th among the firm’s top 12 strategic risks, and we have adopted a rigorous approach to their identification, prioritisation, and management. This report, together with a summarised version in our LLP Financial Statements to 30 April 2023, marks our first disclosure which is aligned to the 11 recommendations of the Taskforce on Climate-Related Financial Disclosures (TCFD). In the table below, we indicate our progress in implementing these recommendations, as well as our planned next steps. By the end of 2023, we aim to be in full compliance.

Below, we describe how we are aligning to the four pillars of the TCFD Framework:

1. Governance

2. Strategy

3. Risk Management

4. Metrics and Targets

By publishing this first TCFD disclosure, we comply with the obligations for large LLPs and other entities to produce climate-related financial disclosure obligations for accounting periods starting on or after 6 April 2022.

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