The Technical expert group on sustainable finance (TEG) published its final report on climate-related disclosures in January 2019.

Based on the TEG’s proposals, the Commission has developed new climate reporting guidelines. A summary of the guidelines is also available.

The new guidelines on reporting climate-related information are a supplement to the non-binding guidelines on non-financial reporting published by the Commission in 2017. They are consistent with the requirements of the non-financial reporting Directive, and they also integrate the recommendations of the Task Force on Climate-related Financial Disclosures (TCFD). They provide guidance for companies on how to report on the impacts of their business on the climate and on the impacts of climate change on their business.