Overview
The Taskforce on Inequality and Social-related Financial Disclosures (TISFD) is a global initiative launched in late 2024 to develop recommendations and guidance for businesses and financial institutions to understand and report on inequality and social-related financial risks and impacts. The initiative draws attention to the financial risks that global inequality poses to companies and financial institutions worldwide.

Mission and focus areas
TISFD’s core mission is to develop and deliver recommendations and guidance for businesses and financial institutions to understand and report on their impacts related to inequality and social issues. The Taskforce focuses on establishing a framework for inequality and social-related financial disclosures, enabling market participants to systematically assess and communicate their exposure to social risks and their contributions to — or mitigation of — inequality.

Structure and governance
TISFD operates as a global taskforce initiative, bringing together stakeholders from the financial sector, business community, and civil society. The initiative was formally launched in 2024 and is structured to produce a standardised disclosure framework, in a similar vein to established climate-related disclosure taskforces.

Programs and offerings
The primary program of TISFD is the development of a comprehensive disclosure framework covering inequality and social-related financial risks for businesses and financial institutions. This includes producing guidance and recommendations designed to enable consistent, comparable, and decision-useful reporting on social and inequality-related matters across sectors and geographies.