Participation in International Initiatives
Climate Change(TCFD)
We announces its endorsement for the Task Force on Climate-related Financial Disclosures (TCFD) recommendations. In addition, we are pleased to announce our participation in the TCFD Consortium, which will serve as a platform for supporter companies and financial institutions to hold discussions.
In order to contribute to a sustainable society and achieve sustainable corporate growth, we will continue to disclose information on climate change proactively via the Annual Securities Report, the Integrated Report, and website.
About TCFD（Task Force on Climate-related Financial Disclosures）
The TCFD is a task force established in 2015 by the Financial Stability Board (FSB), an international organization seeking to stabilize the financial system, in response to a request regarding climate-related information disclosure from the G20 Finance Ministers and Central Bank Governors' Meeting. TCFD recommends companies to disclose climate-related risks and opportunities based on four factors: Governance, Strategy, Risk Management, and Metrics and Targets.
[Website] https://www.fsb-tcfd.org/
About TCFD Consortium
The TCFD Consortium was established in 2019 as a platform for discussions on effective disclosures by companies and efforts to facilitate appropriate investment decisions by financial institutions based on the information disclosed. In the consortium, supporter companies and financial institutions are promoting these initiatives.
[Website] https://tcfd-consortium.jp/en