Clariant reports in accordance with internationally recognized frameworks to create transparency and comparability. For 16 years, Clariant’s reporting has been based on the Global Reporting Initiative (GRI). Since 2013, Clariant has committed to the United Nations Global Compacts and reports annually on its contribution to the 10 principles. Additionally, the company publishes infor­mation on climate risks in line with the Task Force on Climate-related Financial Disclosures (TCFDTCFDThe Task Force on Climate-related Financial Disclosures (TCFD) was created by the Financial Stability Board to improve and increase reporting of climate-related financial information. The Task Force developed recommendations for more effective climate-related disclosures that promote more informed investment, credit, and insurance underwriting decisions and, in turn, enable stakeholders to understand better the concentrations of carbon-related assets in the financial sector and the financial systemView entire glossary ). Clariant also reports in accordance with the guidelines of the Sustainability Accounting Standards Board (SASBSASBThe Sustainability Accounting Standards Board (SASB) Standards guide the disclosure of financially material sustainability information by companies to their investors. Available for 77 industries, the Standards identify the subset of environmental, social, and governance (ESG) issues most relevant to financial performance in each industry. More information: www.sasb.orgView entire glossary ) for the first time.