Elkem Launches First TCFD Report on Climate Risks and Opportunities
OSLO, Norway — Elkem has launched its first Task Force on Climate-related Financial Disclosures (TCFD) report as an initiative to address the potential financial impact of climate risks and opportunities. The company has also received a new, strong score from CDP, substantiating its work as a global leader on climate change action. The TCFD was established in 2015 and has become one of the most widely used frameworks for reporting on climate-related financial risks and opportunities.
“Elkem aims to be part of the solution to combat climate change – and to be one of the winners in the green transition. Our mission is to provide advanced material solutions shaping a better and more sustainable future,” said Elkem’s CEO, Helge Aasen. “Reporting according to the TCFD recommendations builds internal and external understanding and capabilities to support the green transition, promote transparency, and contribute to climate action. The implementation of the TCFD framework is part of Elkem’s process to continuously improve our sustainability activities and ESG KPIs.”