Tag: TCFD Report

PBF Energy Releases 2025 TCFD Report

Stuart Mitchell

PBF Energy Inc. announces the release of its 2025 Task Force on Climate-related Financial Disclosures (TCFD) Report. This inaugural report presents transparent and comprehensive insights into the company’s climate-related risks and opportunities, including: Discussion of PBF Energy’s enterprise risk assessment process, including regulatory changes (e.g., state-issued greenhouse gas (GHG) regulations) and market trends (e.g., competition for alternative fuels). Additionally, physical risks from extreme weather are analyzed utilizing climate scenario forecasts.  Disclosure of Scope 1 and 2 Greenhouse Emissions demonstrate yearly reductions as PBF Energy strives for continuous improvement of operational…

Read More

Truist Releases TCFD Report

Stuart Mitchell

Truist Financial Corporation has released its first Task Force on Climate-Related Financial Disclosures (TCFD) Report, adding further context and disclosures to previous CSR and ESG reports. The 2021 TCFD report focuses on the company’s efforts to transparently measure and share climate-related risks, opportunities, goals and progress. The report outlines the actions that Truist has taken to establish its climate-related governance and strategy following the merger of BB&T and SunTrust in December 2019. The report also summarizes how the company addresses each of the TCFD’s disclosure recommendations, including progress against its emissions…

Read More

Rockwell Automation Releases First TCFD Report

Stuart Mitchell

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…

Read More