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Highly respected institutions such as the International Energy Association (IEA) and the Energy Transitions Commission (ETC) remain upbeat that the shift to a net zero globaleconomy is possible and well underway. Business leaders now have the scientific evidence that taking climate action will boost their corporate success.
They recognized that without reliable climate-related financial information, assets could be mispriced and capital could be misallocated, meaning the globaleconomy potentially could face a tumultuous transition to a low-carbon future. So, the TCFD was born. Out of 727 companies headquartered in the U.S.
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