Best Practices in Low-Carbon Transition: UKEF shares their experience in implementing TCFD

06/09/2022
Climate Working Group

Meg Nicolaysen, Head of Climate Change and Sustainability at UKEF, and member of the Berne Union Climate Working Group, gives an overview of their approach to TCFD (Task Force on Climate-Related Financial Disclosures) reporting.

The topics covered:

  • Brief introduction of UKEF and its mission to deliver export financing and insurance sustainably and at no extra cost to the taxpayer
  • TCFD framework for organisations, setting out recommended disclosures for governance strategy, risk management, metrics and targets
  • UKEF’s TCFD implementation as part of the wider UK Government’s Green Finance Strategy set out in 2019 and includes making climate related financial disclosures in its 2021 - 22 Annual Report
  • Benefits for implementing TCFD: supporting both domestic as well as international clients’ objectives, identifying and managing climate related risks, and assuring all stakeholders

Visit the link below to access the video on the BU CWG homepage.

No alt text provided for this image

Implementing TCFD Explainer Video (UKEF)

https://www.berneunion.org

UKEF's implementation of TCFD reporting to disclose the climate related risks and opportunities

Latest News

BU Data
07/06/2023

Business Confidence Index Q2.23 Published

The tightening credit environment has seen an overall contraction in demand and ST risk appetite as ...
Member News
16/05/2023

EximBank Romania becomes Exim Banca Romaneasca

Exim Bank Romania changes brand identity
Secretariat Update
11/05/2023

Paul Heaney Appointed as Secretary General

In an announcement at the 2023 Spring Meeting in Brussels this week, Paul Heaney has been confirmed ...
Press Release
11/05/2023

PRESS RELEASE: Brussels Spring Meeting 2023

Export credit is well positioned to adapt and innovate as we enter a new era of risk in the wake of ...
Member News
28/04/2023

Change in Management Board of SID Bank

New President of Management Board has been appointed recently
Publications
21/04/2023

April BUlletin: Landmark modernisation for OECD Arrangement

A bold agreement for the Arrangement marks a positive development for our industry. Also featuring ...
Member News
04/04/2023

From EKF to EIFO (Denmark’s Export & Investment Fund) as of 1 April 2023

EIFO has become Denmark's ECA.
BU Data
10/03/2023

Business Confidence Index Q1.23 Published

Demand remains buoyant for ST and MLT business following strong global trade performance in 2022. Un...
Publications
28/02/2023

February BUlletin: What's on the horizon for 2023?

The pick of key issues to look out for in 2023 – from macro trends, potentially choppy seas for smal...
Job Vacancy
24/02/2023

Job Posting: Secretary General Position

The BU is advertising for the position of Secretary General, leading the overall work of the BU-Sec ...

Upcoming meetings

MLT Technical Panel 2023

Jun 8 - Jun 9, 2023
Hamilton, Bermuda
The MLT TP will take place in June 2023, in Bermuda

Claims and Recoveries Specialist Meeting

Jun 14 - Jun 16, 2023
Prague, Czech Republic
The 2023 Claims and Recoveries Specialist Meeting will take place in Prague, Czech Republic

Project Finance Specialist Meeting

Jun 28 - Jun 29, 2023
Copenhagen, Denmark
Project Finance Specialist Meeting will take place 28-29 June 2023, in Copenhagen

YOUNG PROFESSIONALS: Virtual Hangout

Jun 28, 2023
Welcome all Young Professional Members! Come and join our first Virtual Hangout of 2023! This is a friendly in...

Reinsurance Specialist Meeting 2023

Sep 20 - Sep 21, 2023
Washington, DC, United States
Reinsurance Specialist Meeting will take place 20-21 September 2023, in Washington, DC
REGISTRATION OPEN
Read more