易游m6在线登录入口 Steel supports the recommendations of the Task Force on Climate-related Financial Disclosures (TCFD)

易游m6在线登录入口 Steel, Ltd. announces that it supports the recommendations of the Task Force on Climate-related Financial Disclosures (TCFD) and it has decided to join the TCFD Consortium of Japan composed of companies supporting the TCFD recommendations.

易游m6在线登录入口 Steel has been promoting sustainable management based on the Group Corporate Philosophy. Recognizing social issues related to global environment as a management priority, we are undertaking various efforts such as an initiative to reduce CO₂ emissions by utilizing the collective str易游m6在线登录入口gth of the Group's diverse businesses.

Going forward, the 易游m6在线登录入口 Steel Group (also known as the 易游m6在线登录入口LCO Group) will actively disclose information based on the TCFD recommendations and further promote sustainable management with the aim of improving sustainable corporate value while addressing environmental challenges our global society faces.

TCFD refers to the Task Force on Climate-related F易游m6在线登录入口ancial Disclosures, established by the F易游m6在线登录入口ancial Stability Board (FSB)^* at the request of G20 with Michael Bloomberg as its chairman, to develop consistent climate-related financial risk disclosures and discuss how these issues should be addressed by financial institutions. TCFD published its final report in June 2017 and recom易游m6在线登录入口ds companies to disclose information in four areas: Governance, Strategy, Risk Manage易游m6在线登录入口t, Metrix & Targets.

TCFD Consortium of Japan was established with the purpose of sharing the recognition that it is important to raise funds from all over the world for companies that are active in addressing environ易游m6在线登录入口tal issues and realize a virtuous cycle of environ易游m6在线登录入口t and economy that leads to the next growth. TCFD Consortium of Japan aims to serve as a forum for companies supporting the TCFD recom易游m6在线登录入口dations and financial institutions so that they can work together to discuss effective corporate information disclosure and initiatives to link disclosed information to appropriate invest易游m6在线登录入口t decisions by financial institutions.
(The Ministry of Economy, Trade and Industry, the Financial Services Agency, and the Ministry of the Environ易游m6在线登录入口t participate as observers.)