December 13, 2019 (Toronto) – Northleaf is pleased to announce that it has become a supporter of the recommendations of the Financial Stability Board’s Task Force on Climate-Related Financial Disclosures (TCFD) with respect to developing voluntary, consistent climate-related risk disclosures. Northleaf is integrating consideration of climate-related risks (both physical and transition) and opportunities into investment decisions across its private markets platform.
“We are delighted to be supporters of the TCFD,” said Jeff Pentland, Managing Director at Northleaf and Chair of the ESG Committee. “Northleaf is focused on investing in and building well-managed, more valuable companies. Responding to the risks and opportunities associated with climate change is an integral part of this approach.”
The TCFD was formed in December 2015 as a means of coordinating disclosures among companies impacted by climate change and has received strong support to date. Northleaf believes that its support for the TCFD’s recommendations will catalyze more consistent, comparable, and reliable disclosure of climate-related information that will, in turn, facilitate more informed business and investment decision-making.
Learn more about Northleaf’s commitment to responsible investing.