Insurance broker WTW has enhanced the capability of its ¹ú²úÒ»¸£Àû Diagnostic tool, which was first launched in April 2021. In response to an increase in Task Force on ¹ú²úÒ»¸£Àû-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 ¹ú²úÒ»¸£Àû 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.
“¹ú²úÒ»¸£Àû change has wrought progressively more tangible and globally devastating consequences. As companies seek to better understand their climate exposure and develop risk management strategies, WTW has developed a comprehensive visual representation of a businesses’ risk, powered by the client’s own data and analytics,” commented Andy Smyth, head of GB risk and analytics, WTW, in a statement.
WTW is providing clients “with an essential integrated tool as they look to bolster their climate resilience,” he added.
Source: WTW
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