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TCFD View of Materiality No Longer Adequate – UNEP FI Chief

Usher calls for double materiality approach in ESG investment decision making.

The materiality definition adopted by the Task Force on Climate-related Financial Disclosures (TCFD) is insufficient in serving the battle against climate change, Eric Usher, the Head of UN Environment Programme Finance Initiative (UNEP FI), said today. Speaking at the Climate Risk and Green Finance Regulatory Forum, Usher explained that the…

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