Rockwell Automation has announced the release of its first Task Force on Climate-related Financial Disclosures (TCFD) Analysis & Report. The new report follows TCFD’s recommendations to enhance climate change reporting and is a component of Rockwell’s updated sustainability strategy, first announced in 2020.
“We recognize the increasing urgency and risks posed by climate change and have responded with more focus both on our own efforts to understand and mitigate the impacts of climate change as well as helping our customers achieve their own climate goals,” said Rockwell’s Tom O’Reilly, vice president, Sustainability.
The report provides a progress update across each of the TCFD pillars: Governance, Strategy, Risk Management, and Metrics and Targets.
“We expect the recommendations of the Task Force and other non-government and government organizations will evolve as they strive for better consistency and transparency in reporting on possible climate change impacts,” O’Reilly added. “We will continue to monitor best practices and regulations and evolve our reporting accordingly.”
Rockwell previously released its 2021 Sustainability Report. Rockwell has also published Sustainability Accounting Standards Board (SASB) and Global Reporting Initiative (GRI) disclosure reports.