HSBC Amanah issues TCFD report to improve transparency around climate risks

TheStar Thu, Jul 21, 2022 01:32pm - 2 years View Original


KUALA LUMPUR: HSBC Amanah Malaysia Bhd (HSBC Amanah) has issued its second Task Force on Climate-related Financial Disclosures (TCFD) report as part of its initiatives and approach toward analysing the climate-related risk of its business and operations.

Chief executive officer Raja Amir Raja Azwa said climate change presents both risks and opportunities for businesses and individuals, and with increased awareness of climate change, the transparency and disclosure of its related risks is a key step towards addressing climate data gaps.

"In our second voluntary TCFD report, we have disclosed the progress made and highlighted the

initiatives and approach that we will be taking especially in understanding and analysing the climate-related risk of our business and operations.

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