TCFD stands for Task Force on Climate-related Financial Disclosures. It is an initiative established by the Financial Stability Board (FSB) to develop voluntary, consistent climate-related financial risk disclosures for companies. The TCFD recommends that companies disclose information related to climate change risks and opportunities in their financial filings and reports. These disclosures help investors, lenders, insurers, and other stakeholders make informed decisions and assess the financial implications of climate-related risks and the organization's resilience to climate change. The TCFD framework covers areas such as governance, strategy, risk management, and metrics and targets related to climate change.