Project Overview
Bilancia supported a diversified enterprise in preparing its climate-related disclosures aligned with the Task Force on Climate-related Financial Disclosures (TCFD) framework. The engagement enabled the client to systematically articulate climate risks, opportunities, governance, and strategy in a manner consistent with investor and regulatory expectations.
Client Challenge
The client was seeking to enhance transparency and credibility around climate-related decision-making in response to increasing expectations from
- Investors integrating climate risk into capital allocation
- Financial institutions requiring climate disclosures
- Regulatory developments demanding risk-aligned reporting
- Internal leadership seeking structured climate risk governance
Despite having some climate initiatives underway, the organisation had not previously published climate disclosures aligned with the TCFD framework, leading to gaps in stakeholder confidence and comparability.
High-Level Scope of Engagement
Bilancia was engaged to support the client in preparing comprehensive climate-related disclosures that align with the four core TCFD pillars: governance, strategy, risk management, and metrics & targets. The focus was on producing a credible disclosure suitable for public reporting and investor scrutiny.
Key Deliverables
- Climate-related disclosure documentation structured to TCFD guidance
- Risk and opportunity articulation aligned with business context
- Emissions and climate-related performance summaries
- Strategic climate considerations for governance disclosure
Outcomes / Impact
- Strengthened climate disclosure credibility with investors and stakeholders
- Enhanced alignment with internationally recognised reporting expectations
- Improved internal clarity on climate governance and risk factors
- Provided a foundation for future climate risk integration into strategic planning