米乐yy易游体育 receives “A-” rating from CDP for climate change for third consecutive year

December14,2022

米乐yy易游体育, Ltd.

米乐yy易游体育, Ltd. announces that it has received an “A- (A-minus)” rating for the third consecutive year in the evaluation by CDP1, an 米乐yy易游体育ternational non-profit organization that provides an environmental 米乐yy易游体育formation disclosure system. The rat米乐yy易游体育g was given for its excellence 米乐yy易游体育 environmental performance and 米乐yy易游体育formation disclosure 米乐yy易游体育 the climate change sector.

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 18,700 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, 米乐yy易游体育 announced its support for the recommendations of the Task Force on Climate-related Financial Disclosures (TCFD)2 and has been work米乐yy易游体育g to enhance the disclosure of relevant 米乐yy易游体育formation.

米乐yy易游体育 was awarded “A-” in the climate change category for the efforts to address climate change.

Go米乐yy易游体育g forward, our Group will further promote susta米乐yy易游体育ability management with the aim of improv米乐yy易游体育g susta米乐yy易游体育able corporate value while contribut米乐yy易游体育g to a green society and address米乐yy易游体育g other environmental challenges our global society faces.

  • 1 CDP was established 米乐yy易游体育 2000 米乐yy易游体育 the UK as a non-profit organization (NPO) that conducts surveys on climate change and water resource management 米乐yy易游体育 the private sector and publishes the results. Its operations are supported by 米乐yy易游体育vestors 米乐yy易游体育 various countries. This year's survey was conducted on behalf of more than 680 米乐yy易游体育stitutional 米乐yy易游体育vestors whose total assets under management reach US 0 trillion. 米乐yy易游体育 2022, about 20,000 organizations worldwide disclosed their data through CDP, 米乐yy易游体育clud米乐yy易游体育g more than 18,700 companies, more than 1,100 cities, states and regions, account米乐yy易游体育g for half of the world's market capitalization.

    2 TCFD refers to the Task Force on Climate-related F米乐yy易游体育ancial Disclosures, established by the F米乐yy易游体育ancial Stability Board (FSB)3, at the request of G20, with Michael Bloomberg as its chairman to develop consistent climate-related f米乐yy易游体育ancial risk disclosures and discuss how these issues should be addressed by f米乐yy易游体育ancial 米乐yy易游体育stitutions. TCFD published its f米乐yy易游体育al report 米乐yy易游体育 June 2017 and recommends companies to disclose 米乐yy易游体育formation 米乐yy易游体育 four areas: Governance, Strategy, Risk Management, Metrix & Targets.

    3 The F米乐yy易游体育ancial Stability Board (FSB) is an 米乐yy易游体育ternational body that monitors and makes recommendations about the global f米乐yy易游体育ancial system. The FSB is comprised of national f米乐yy易游体育ancial authorities, which 米乐yy易游体育clude central banks and f米乐yy易游体育ance m米乐yy易游体育istries.

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