Guidelines Comparison Table and External Evaluation

TCFD reference table

Governance

Recommendations: Disclose the organization’s governance around climaterelated risks and opportunities.

Recommended Disclosures Disclosures References
a) Describe the board’s oversight of climate-related risks and opportunities.
  • The status of efforts to address climate change and other environmental issues is monitored by the Sustainability Promotion Committee.
  • Environmental issues including climate-related issues and the status of efforts to address them are reported annually to the Board of Directors for appropriate supervision.

Climate Change Mitigation and Adaptation

Sustainability Promotion Organization and System

b) Describe management’s role in assessing and managing climate-related risks and opportunities.
  • The identification and assessment of climate change risks, strategies, and targets are discussed and decided by the Management Meeting chaired by the CEO, and reported to the Board of Directors.

Climate Change Mitigation and Adaptation

Strategy

Recommendations: Disclose the actual and potential impacts of climate-related risks and opportunities on the organization’s businesses, strategy, and financial planning where such information is material.

Recommended Disclosures Disclosures References
a) Describe the climate-related risks and opportunities the organization has identified over the short, medium, and long term.
  • Identify significant transition risks, physical risks and opportunities, and evaluate their impacts on each business.

Climate Change Mitigation and Adaptation

b) Describe the impact of climaterelated risks and opportunities on the organization’s businesses, strategy, and financial planning.
  • Identification of significant risks in the 1.5ºC and 4ºC scenario
  • Identification of key opportunities in the 1.5ºC scenario

Climate Change Mitigation and Adaptation

c) Describe the resilience of the organization’s strategy, taking into consideration different climate-related scenarios, including a 2°C or lower scenario.
  • Take the 1.5℃ and 4ºC scenarios into consideration.
  • Promote initiatives to introduce the self-generation of energy, energy conservation, and procurement of renewable energy.
  • Upgrade disaster countermeasures through collaboration between businesses and operations.

Climate Change Mitigation and Adaptation

Risk Management

Recommendations: Disclose how the organization identifies, assesses, and manages climate-related risks.

Recommended Disclosures Disclosures References
a) Describe the organization’s processes for identifying and assessing climate-related risks.
  • Identify climate-related events that could have a significant impact on the business by assessing the importance of the identified risks and opportunities in terms of likelihood and impact.

Climate Change Mitigation and Adaptation

Sustainability Promotion Organization and System

b) Describe the organization’s processes for managing climate-related risks.
  • The ESG Promotion Group of the Corporate Affairs Headquarters serves as the project leader and collaborates with each business unit to analyze risks and consider countermeasures.

Climate Change Mitigation and Adaptation

Sustainability Promotion Organization and System

c) Describe how processes for identifying, assessing, and managing climate-related risks are integrated into the organization’s overall risk management.
  • Consider, evaluate, and manage overall risks, including climate-related risks, when analyzing the risks of each business and company each year.

Climate Change Mitigation and Adaptation

Risk Management

Metrics and Targets

Recommendations: Disclose the metrics and targets used to assess and manage relevant climate-related risks and opportunities where such information is material.

Recommended Disclosures Disclosures References
a) Disclose the metrics used by the organization to assess climaterelated risks and opportunities in line with its strategy and risk management process. Scope1,2
  • 2030: 46.2% reduction in CO₂ emissions (compared with FY2019 levels),
    Renewable energy ratio of 50%
  • 2050: Reduce CO₂ emissions to effectively zero,
    Renewable energy ratio of 100% (RE100)
Scope3
  • 2030: 30% reduction in CO₂ emissions (compared with FY2019 levels)

Environmental Vision 2030

b) Disclose Scope 1, Scope 2, and, if appropriate, Scope 3 greenhouse gas (GHG) emissions, and the related risks. GHG emissions in FY2021(Unit:t-CO₂)
  • Scope1 146,952
  • Scope2 417,608
  • Scope3 2,297,447

Our and our consolidated subsidiaries’ environmental data(Supply Chain Emissions)

c) Describe the targets used by the organization to manage climate-related risks and opportunities and performance against targets. Scope1,2
  • -13.4% (compared to FY2019)
Scope3
  • -12.4% (compared to FY2019)
Renewable energy ratio
  • +0.9 points (compared to FY2019)

Our and our consolidated subsidiaries’ environmental data

Climate Change Mitigation and Adaptation(Indicators and targets)