Principles for effective disclosure

To help achieve high-quality disclosures that enable users to understand the impact of climate change on organizations, the Task Force recommends that firms consider seven principles for effective disclosure.

1-Disclosure should represent relevant information

2-Disclosure should be specific and complete

3-Disclosure should be clear, balanced, and understandable

4-Disclosure should be consistent over time

5-Disclosure should be comparable among companies within a sector industry or portfolio

6-Disclosure should be reliable, verifiable, and objective

7-Disclosure should be provided on a timely basis