With some estimates that more than 90% of regulated firms fail to meet the GFSC’s minimal climate consideration requirements, it's time to take action with FutureTracker and ISI.
5.2.1 “Climate Change: The Board should consider the impact of climate change on the firm’s business strategy and risk profile and, where appropriate in the judgement of the board, make timely climate change related disclosures”
Why comply?
Compliance with the climate change clause is not just an obligation for Guernsey businesses; it's a strategic move that illustrates a company's resilience and forward-thinking approach. However, understanding what exactly it means to comply, and effectively demonstrating this compliance, can be difficult.
Our GFSC solution makes compliance easy, beneficial, and fast.
How it works
FutureTracker’s GFSC Toolkit uses a three-step process to help your businesses comply and demonstrate compliance with the GFSC’s climate change clause. Each step can be enhanced utilising expert advisory services.
Step 1: Identify Impacts
Review climate change risks and opportunities affecting your business strategy and risk profile.
Step 2: Consider Impacts and Disclosure
Assess the relevance of these impacts for your strategy and decide if they should be disclosed.
Step 3: Create and Edit Statement
Submit your answers to receive an editable impact statement for board review and adjustments.
Schedule a free demo and overview!
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