Guidance on TCFD for real estate companies

Should you not be familiar with the Net-Zero Infrastructure Industry Coalition, it is a private-sector initiative created after the UK government announced its 2050 net zero goals. As the industry faces the challenges of measuring carbon emissions and dealing with climate-related risks (we’ve written before about the thorny issue of embodied carbon in real estate) the NZIIC has put together guidelines on how to best prepare to disclose those aspects.

The UK has made reporting through the Task Force on Climate-related Financial Disclosures (TCFD) framework mandatory for all listed companies, effective from this year, with other large UK-registred businesses and financial companies, including fund managers, being captured by 2025.