Notice Concerning Support for Recommendations by the TCFD
We would like to inform you that the Board of Directors meeting held today resolved to support recommendations by the Task Force on Climate-related Financial Disclosures (TCFD)*.
1.Support for Recommendations by the TCFD
Our company recognizes that the realization of a sustainable society by solving environmental and social issues is an important management issue. In March 2023, we established a Sustainability Committee chaired by the President to recognize and manage risks associated with climate change.
In order to further promote our response to climate change, we have decided to support the recommendations by the TCFD.
2.Information Disclosure Based on Recommendations by the TCFD
We will appropriately disclose information on items related to climate change in accordance with the information disclosure framework recommended by the TCFD recommendations.
Please see below for information disclosure based on recommendations by the TCFD
https://www.yamaichi.co.jp/en/sustainability/tcfd/
*Task Force on Climate-related Financial Disclosures (TCFD)
At the request of the G20, an initiative created by Financial Stability Board (FSB) in December 2015 in order to consider climate-related information disclosure and financial institutions’ responses. TCFD recommend assessing and disclosing the financial impact of climate change risks and opportunities.