Launched in early 2025, The Taskforce on Inequality and Social-Related Financial Disclosures (TISFD) is a global initiative to develop recommendations and guidance for businesses and financial institutions to understand and report on impacts, dependencies, risks, and opportunities related to people.
The aim of the Taskforce is to incentivise business and financial practices that create stronger, more resilient societies and economies.
By making people-related issues visible through its framework, TISFD aims to enable better business decision-making, stronger investor insight and clearer accountability to stakeholders.
By developing a practical, globally harmonised framework that aligns with commonly used standards such as ISSB, GRI and ESRS, TISFD aims to support more consistent, comparable reporting on people-related issues worldwide.
TISFD aligns structurally with the Task Force on Climate-related Financial Disclosures (TCFD) and Taskforce on Nature-related Financial Disclosures (TNFD) frameworks, supporting a more integrated approach to disclosures across people, climate and nature.
TISFD is an evidence-based, multi-stakeholder initiative driven by financial institutions, business, civil society, and labour leaders worldwide.
Governed by a multi-stakeholder Steering Committee and overseen by four Co-Chairs, our governance approach emphasises inclusivity and co-creation.