TASK FORCE FOR DIGITAL-RELATED FINANCIAL DISCLOSURE
Benefits of Adopting the Digital-ESG
Holistic
Provides a holistic framework for risk assessment governed by digital-related regulations and frameworks, that are not included in the existing ESG framework
Innovative
Enables companies to achieve sustainability goals in a new innovative way using technology through digital transformation
Empowering
Digital-ESG framework enables organizations to create digital opportunities empowering them to generate more value for all stakeholders.
Understanding Digital-ESG Framework
The digital transformation has already changed the reality of the world that we are living in.
In the digital world, people face various digital-related risks, such as phishing, online sexual abuse of children, failure of crypto, massive customer data leaks, and more.
UN SDGs and existing ESG frameworks focus on the Earth’s sustainability issues such as climate change, pollution, and wastes.
The Digital-ESG framework combines these challenges in a holistic solution that can provide a new perspective for how ESG frameworks should be inclusive and digitized.
The TDFD guidelines for digital-related risks and opportunities, being developed based on the Digital-ESG Framework, is an actionable tool for investors and other capital market participants.
It provides information about companies’ digital-related risks and opportunities and help them make informed decisions. It adopts the principles and approaches of the Task Force on Climate-related Financial Disclosures (TCFD).
Along these lines, we propose structuring disclosures around the four themes that represent core elements of how companies operate: governance, strategy, risk management, and monitoring.
Join TDFD
Join a roundtable focused on engagement, enlightenment and enhancement
Join the Knowledge hub, an on-going collaboration for exchange of knowledge and information that support the TDFD guidelines
Join the industry-specific working groups to identify and address specific issues in the respective industries