Published May 2019

Twenty institutional investors from eleven countries, convened by UNEP FI and supported by Carbon Delta, have worked throughout 2018–2019 to analyse, evaluate, and test, state-of-the-art methodologies to enable 1.5°C, 2°C, and 3°C scenario-based analysis of their portfolios in line with the recommendations of the FSB’s Task Force on Climate-related Financial Disclosures (TCFD).

The outputs and conclusions of this Pilot are captured in this report and aim to enhance the understanding and ease adoption of the TCFD recommendations by the wider investment industry.

Download the report here.

Download the Chinese version 改变航向 here.

Read the news story on the launch of the report here.

Find more information on the pilot project and other work with bankers and investors on implementing the Recommendations of the Task Force on Climate-related Financial Disclosures here.