Reporting on inequality will be a significant but worthwhile undertaking
In attempting to create a standard framework for inequality disclosures, TISFD may pose the greatest reporting challenge yet.
Expert analysis by Charles Avery
The Taskforce on Inequality and Social-related Financial Disclosures formally launched last month. Four co-chairs have been chosen, and the group will now set about creating a framework to do for inequality what TCFD and TNFD are doing for disclosures around climate and nature, respectively.
This is an undeniably positive development. While inequality is clearly worth addressing in its own right, it is also increasingly being recognised as a system-level risk for investors. A standardised framework for assessing the issue will help investors in their attempts to manage it effectively...