LRQA strengthens commitment to climate action by joining Task Force

This strategic decision reinforces LRQA's dedication to empowering companies in identifying and transparently reporting climate-related risks and opportunities. 

The TCFD, established by the Financial Stability Board (FSB), is a globally recognised initiative that aims to improve the understanding and disclosure of climate-related risks and opportunities within the financial sector. 

As a signatory, LRQA actively supports the initiative and believes the TCFD recommendations provide a useful framework for companies to implement themselves, but also the wider financial market, including credit rating agencies, stock exchanges, government agencies, and other types of organisations. 

Paul Butcher, Chief Executive Officer for LRQA, expressed the significance of this alliance, stating: 

"Our commitment to support the Task Force on Climate-related Financial Disclosures reflects our unwavering dedication to transparency and sustainable practices. Our services will play a pivotal role in supporting clients with the development and validating the quality of climate-related financial disclosures, instilling confidence in investors, stakeholders, and the wider market." 

Lani Hollander, Global Sustainability Partner for LRQA, further emphasised the importance of joining the TCFD, stating: 

"By supporting the TCFD, we actively contribute to transparency, accountability, and the urgent need for climate action. It's about recognising that every decision we make today impacts the world we leave behind." 

By adhering to the comprehensive framework laid out by the TCFD, LRQA reinforces its position as a leading advocate for sustainability and resilience within the industry. 

For more information about the Task Force on Climate-Related Financial Disclosures, please visit: www.fsb-tcfd.org