WTW introduces instant TCFD reporting capability in climate diagnostic tool

WTW has today announced the enhanced capability of its Climate Diagnostic tool, which first launched just over a year ago.

In response to an increase in Task Force on Climate-Related Financial Disclosures reporting and the ever-growing need for transparency, WTW clients will now have the ability to generate tailored, instantaneous, and in-depth TCFD reports using their own collected data.

Andy Smyth, head of GB risk and analytics, WTW, said: “Climate change has wrought progressively more tangible and globally devastating consequences. As companies seek to better understand their climate exposure and develop risk management strategies, WTW has developed a comprehensive visual representation of a businesses’ risk, powered by the client’s own data and analytics. With unmatched precision and based on individual requirements, WTW will provide clients with an essential integrated tool as they look to bolster their climate resilience.”

Image: Barracuda, courtesy of Simon Dowling, Marine Conservationist at www.ecokohtao.com

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