Task Force for Climate Change Related Financial Disclosures[1] (TCFD) published “Proposed Guidance on Climate Related Metrics, Targets and Transition Plans” in June 2021.  TCFD invited topics on many topics, including materiality. 

Many believe materiality is a formula – a complicated formula, but a science nonetheless.  DHC suggests that materiality is part science and part art.  Here is a summary of DHC’s comments to TCFD.  For more insights on materiality of Environmental, Social and Governance (ESG) issues, contact us at info@douglashileman.com.  Read More