Navigate TCFD and TNFD with Confidence
Make your climate & nature disclosures investor-grade—and ready for Hong Kong’s 2025 rules.
ThECO Link helps boards and management teams deliver ISSB S2/TCFD (climate) and TNFD (nature) disclosures that are decision-useful, consistent, and HKEX-ready. For SMEs, we take a phased, materiality-first approach so effort is proportionate yet future-proof.
Comprehensive TCFD/TNFD Advisory Services
ThECO Link Limited provides end-to-end TCFD/TNFD support for Hong Kong and GBA companies. We integrate climate- and nature-related risks and opportunities into core strategy and reporting—meeting HKEX expectations while creating business value. Our methods are sized for SMEs and supply-chain partners.
- Gap Analysis – Map current practice against ISSB S2/TCFD and TNFD, with a prioritized action plan and 12-month roadmap.
- Scenario Analysis – Assess transition (policy, carbon price, markets) and physical (heat, flood, typhoon) risks; deliver screening and lite quantification in-house, and engage specialist partners for engineering-grade models when required, converting results into financial impacts and controls.
- Metrics & Targets – Build a practical KPI set (emissions, energy, water, supply chain/land-use) with clear owners, baselines and time-bound targets.
- Reporting Support – Draft HKEX-ready text for Governance / Strategy / Risk Management / Metrics & Targets, plus TCFD→ISSB S2 mapping and TNFD LEAP outputs.
Our Process
Navigating TCFD/TNFD with ThECO Link
We align to TCFD’s four pillars and TNFD’s LEAP—kept pragmatic and proportionate for SMEs and listed issuers:
Governance: clarify board/management roles, review cadence, and decision rights.
Strategy & Scenarios: run lite, decision-useful transition/physical screens; translate into business and financial implications (advanced engineering models via partners when required).
Risk Management: set a simple, auditable process—risk register, controls, escalation, and evidence.
Metrics & Targets: start with a core KPI set (GHG, energy, water; Scope 3 where feasible) and phased targets.
TNFD—LEAP: Locate priority nature interfaces → Evaluate dependencies/impacts → Assess risks/opportunities → Prepare actions and disclosures.
What You'll Receive From Our Advisory
Our deliverables are built to drop into your annual/ESG report and board packs:
- HKEX/ISSB S2 Readiness Report – Gaps, priorities and a pragmatic implementation roadmap.
- Scenario Pack – Assumptions, transition & physical risk results, sensitivities and management responses.
- Metrics & Targets Framework – KPIs, baselines, owners and target-setting notes (incl. SME-lite options).
Frequently Asked Questions
TCFD is a climate-disclosure framework built on four pillars—Governance, Strategy, Risk Management, and Metrics & Targets—to give investors forward-looking, decision-useful information (now embedded in ISSB IFRS S2). TNFD focuses on nature-related issues; its LEAP flow—Locate, Evaluate, Assess, Prepare—helps organisations identify material nature interfaces and prepare actions and disclosures.
HKEX will require ISSB S2-aligned climate disclosures for FYs starting 1 Jan 2025, and TNFD is rapidly adopted by firms and financial institutions as nature-related risks become mainstream in due diligence.
Enhancing transparency, attracting investors, and managing climate-related risks effectively.
We perform a readiness assessment, set up a clean data model, run scenarios, define KPIs & targets, and draft the disclosure text—all sized to your resources and regulatory timelines.
We screen and quantify lite in-house. When engineering-grade 2D flood/storm-surge/wind models are required, we work with specialist modelling partners—while ThECO Link owns methodology, assumptions alignment and HKEX/ISSB-ready disclosure, so outputs slot seamlessly into your report.
Under IFRS S2, companies are required to disclose current and anticipated financial effects of climate-related risks and opportunities (qualitative and, where practicable, quantitative). HKEX’s new climate regime (effective for FYs beginning 1 Jan 2025) follows S2 with phased relief—including a financial-effects relief that allows qualitative discussion when robust quantification isn’t yet practicable, subject to conditions and timelines. In short: yes, disclosure of financial effects is required, but quantification may be phased-in under HKEX relief.
Not always. We recommend a phased, materiality-first path: core metrics, lite scenarios and concise text now; deepen over time as customer/bank asks grow.
