Register to join the launch webinar here.
On September 27, 2024, the Taskforce on Inequality and Social-related Financial Disclosures (TISFD) will host a webinar to celebrate its official launch.
September 23rd marked the official launch of TISFD, a global initiative to develop and deliver recommendations and guidance for businesses and financial institutions to understand and report on impacts, dependencies, risks, and opportunities related to people.
The Taskforce is chaired by global leaders Peter Bakker, President of the World Business Council for Sustainable Development (WBCSD); Arunma Oteh, academic at the University of Oxford and former Treasurer of the World Bank; Gabriela Ramos, Assistant Director-General for Social and Human Sciences at United Nations Educational, Scientific and Cultural Organization (UNESCO); and Sharan Burrow, former General Secretary of the International Trade Union Confederation (ITUC).
TISFD has the support of more than 100 organizations across business, finance, labor, civil society, and international organizations. The Co-Chairs will work with the Taskforce’s Steering Committee to take an inclusive approach to co-creating a disclosure framework that is market-usable, aligned with international standards on business conduct, and integrated with reporting standards. In doing so, the TISFD aims to enable meaningful and concerted action among market actors to mitigate the risks of social issues, including inequality, and to seize significant opportunities that result from building fairer and stronger economies and societies.
As Founding Partners of the TISFD alongside other civil society organizations (CSOs) and international organizations, including the Organization for Economic Cooperation and Development (OECD), International Labour Organization (ILO), Principles for Responsible Investment (PRI), United Nations Development Program (UNDP), and World Benchmarking Alliance (WBA), FFA and Oxfam are excited to celebrate this milestone and look forward to working with colleagues across business, finance, labor, and civil society to better integrate social and inequality issues into decision-making.
TISFD’s work is highly complementary to FFA’s objectives to promote greater transparency and accountability in the financial sector by facilitating the availability of data and information critical to assessing the progress of financial institutions’ sustainability commitments, policies, and practices that impact the rights and well-being of local communities.
More information:
- Read the launch announcement here.
- Access the TISFD website, click here.