TCFD Summit

Focusing Institutional Capital on Climate Change Risk

Ron O’Hanley, our chairman and chief executive officer, addresses Japan’s virtual Taskforce on Climate-related Financial Disclosures
(TCFD) Summit.

October 2020

Sponsored by Japan’s Ministry of Economy, Trade, and Industry as well as the World Business Council for Sustainable Development, the summit was convened to urge companies to provide more transparency around how they are managing financial risks posed by climate change. 

Ron joined other world leaders from business and finance to discuss the need to keep climate change action front and center.

The COVID-19 pandemic has acted as a catalyst, reinforcing the linkages between resiliency and sustainability, and accelerating the urgency to strengthen both. State Street continues to urge the adoption and implementation of TCFD as a responsible corporation dedicated to sustainability as well as one of the world’s largest investment servicers and managers focused on long-term value creation.