Stepan Commits to Adopting Climate-Related Disclosure Framework

May 18, 2022

Stepan Company is pleased to announce it is a formal supporter of the Task Force on Climate-Related Financial Disclosures (TCFD). This commitment is part of Stepan’s overall sustainability portfolio and aids in evaluating and managing climate-related risks and opportunities through the lens of financial resiliency while increasing transparency to stakeholders.

“By signing as a supporter of TCFD and its recommendations, Stepan has joined an expanding group of companies focused on greater transparency, planning and action on climate-related risks. Stepan’s participation in TCFD represents an important milestone in our Sustainability journey and a commitment to resiliency for our shareholders, employees and partners across the value chain,” explained Jason Keiper, Vice President and Chief Technology and Sustainability Officer.

TCFD is a third-party organization that recommends a standardized framework to help public companies and other organizations more effectively disclose climate-related financial risks and opportunities. Its recommendations are centered around the following core elements:

  • Governance
  • Strategy
  • Risk Management
  • Metrics and Targets

To learn more about Stepan’s sustainability journey, click here.

Jason Keiper, Vice President and Chief Technology and Sustainability Officer

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