Task Force on Climate-related Financial Disclosures (TCFD) Report 2025

Climate action and social progress go hand in hand. The CEB views the global fight against climate change as essential for a just transition, fostering social cohesion and safeguarding the interests of vulnerable people and communities throughout Europe. This fourth annual report, which is presented in accordance with the recommendations of the Task Force on Climate-related Financial Disclosures (TCFD) established under the G20, shows the real impact CEB has on the ground, such as almost 40% of approved social investment projects included climate co-benefits.