Insurance broker WTW has enhanced the capability of its Climate Diagnostic tool, which was first launched in April 2021. In response to an increase in Task Force on Climate-Related Financial Disclosures (TCFD) reporting and the ever-growing need for transparency, WTW clients will now have the ability to generate tailored, instantaneous, and in-depth TCFD reports using their own collected data.
This next iteration of the Climate Diagnostic tool is in line with the latest regulatory guidance and addresses the growing call for a consistent framework and set of standards for climate-related reporting alongside comparable metrics.