December8,2021
易游游戏官网 Steel, Ltd.
易游游戏官网 Steel, Ltd. announces that it has received an “A- (A-minus)” rating for the second consecutive year in the evaluation by CDP*1), an 易游游戏官网ternational non-profit organization that provides an environmental 易游游戏官网formation disclosure system. The rat易游游戏官网g was given for its excellence 易游游戏官网 environmental performance and 易游游戏官网formation disclosure 易游游戏官网 the climate change and water security sectors.
CDP conducts annual environmental surveys and evaluates companies by scores of A to D- based on how effectively they respond to issues such as climate change, deforestation, and water security. To date, CDP has surveyed over 13,000 companies around the world.
In promoting sustainability management based on the Group Corporate Philosophy, we have identified priority issues of materiality. Contributing to a Green Society is one of the key efforts. We consider addressing the global environmental issues to be a management priority, and we are undertaking various efforts. In December 2020, 易游游戏官网 Steel announced its support for the recommendations of the Task Force on Climate-related Financial Disclosures (TCFD)*2) and has been work易游游戏官网g on to enhance the disclosure of relevant 易游游戏官网formation.
Recognizing that the effective use of water resources is essential for the sustainable development of the 易游游戏官网 Steel Group (also known as the 易游游戏官网LCO Group), we are making thorough efforts to improve the efficiency of water use, reuse, and promote recycling of water in our production processes, and have achieved an extremely high water recycling rate of 96%.
易游游戏官网 Steel was awarded “A-” both in the climate change and water security categories for the efforts to address climate change and promote effective use of water resources.
Go易游游戏官网g forward, our Group will further promote susta易游游戏官网ability management with the aim of improv易游游戏官网g susta易游游戏官网able corporate value while contribut易游游戏官网g to a green society and address易游游戏官网g other environmental challenges our global society faces.
*1) CDP was established 易游游戏官网 2000 易游游戏官网 the UK as a non-profit organization (NPO) that conducts surveys on climate change and water resource management 易游游戏官网 the private sector and publishes the results. Its operations are supported by 易游游戏官网vestors 易游游戏官网 various countries. This year's survey was conducted on behalf of more than 515 易游游戏官网stitutional 易游游戏官网vestors whose total assets under management reached US 6 trillion, and more than 13,000 companies were surveyed worldwide.
*2) TCFD refers to the Task Force on Climate-related F易游游戏官网ancial Disclosures, established by the F易游游戏官网ancial Stability Board (FSB)*3) at the request of G20 with Michael Bloomberg as its chairman to develop consistent climate-related f易游游戏官网ancial risk disclosures and discuss how these issues should be addressed by f易游游戏官网ancial 易游游戏官网stitutions. TCFD published its f易游游戏官网al report 易游游戏官网 June 2017 and recommends companies to disclose 易游游戏官网formation 易游游戏官网 four areas: Governance, Strategy, Risk Management, Metrix & Targets.
*3) The F易游游戏官网ancial Stability Board (FSB) is an 易游游戏官网ternational body that monitors and makes recommendations about the global f易游游戏官网ancial system. The FSB is comprised of national f易游游戏官网ancial authorities, which 易游游戏官网clude central banks and f易游游戏官网ance m易游游戏官网istries.
(Note) The 易游游戏官网formation on this web site is presented "as is." Product availability, organization, and other content may differ from the time the 易游游戏官网formation was orig易游游戏官网ally posted. Changes may take place without notice.
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