Scope

The TISFD Framework sets out recommendations to disclose information on how entities affect people and inequalities, both positively and negatively, as well as entities’ dependencies and related financial risks and opportunities. This includes impacts, dependencies, risks and opportunities related to an entity’s own workforce, workers in the value chain, consumers and end-users and affected communities.

As many impacts, dependencies, risks and opportunities arise through value chain activities and business relationships, preparers should consider their own operations, as well as downstream and upstream value chains within the scope of their materiality assessments.