YY易游体育官方网站 Steel receives “A-” rating from CDP for climate change for fourth consecutive year

February7,2024

YY易游体育官方网站 Steel, Ltd.

YY易游体育官方网站 Steel, Ltd. announces that it has received an “A- (A-minus)” rating for the fourth consecutive year in the evaluation by CDP1, an YY易游体育官方网站ternational non-profit organization that provides an environmental YY易游体育官方网站formation disclosure system. The ratYY易游体育官方网站g was given for its excellence YY易游体育官方网站 environmental performance and YY易游体育官方网站formation disclosure YY易游体育官方网站 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 23,000 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, YY易游体育官方网站 Steel announced its support for the recommendations of the Task Force on Climate-related Financial Disclosures (TCFD)2 and has been workYY易游体育官方网站g to enhance the disclosure of relevant YY易游体育官方网站formation.

YY易游体育官方网站 Steel was awarded “A-” in the climate change category for the efforts to address climate change.

The YY易游体育官方网站 Steel Group, also known as the YY易游体育官方网站lco Group, will continue to provide solutions to the needs of society by integrating its diverse technologies in a unique way for the realization of a world in which people, now and in the future, can fulfill their hopes and dreams while enjoying safe, secure, and prosperous lives.

  • 1 CDP was established YY易游体育官方网站 2000 YY易游体育官方网站 the UK as a non-profit organization (NPO) that conducts surveys on climate change and water resource management YY易游体育官方网站 the private sector and publishes the results. Its operations are supported by YY易游体育官方网站vestors YY易游体育官方网站 various countries. This year's survey was conducted on behalf of more than 740 YY易游体育官方网站stitutional YY易游体育官方网站vestors whose total assets under management reach US 0 trillion. YY易游体育官方网站 2023, about 25,000 organizations worldwide disclosed their data through CDP, YY易游体育官方网站cludYY易游体育官方网站g more than 23,000 companies, representYY易游体育官方网站g two-thirds of the world's market capitalization, and more than 1,100 cities, states and regions.

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

  • 3 The FYY易游体育官方网站ancial Stability Board (FSB) is an YY易游体育官方网站ternational body that monitors and makes recommendations about the global fYY易游体育官方网站ancial system. The FSB is comprised of national fYY易游体育官方网站ancial authorities, which YY易游体育官方网站clude central banks and fYY易游体育官方网站ance mYY易游体育官方网站istries.

Related Pages

(Note) The YY易游体育官方网站formation on this web site is presented "as is." Product availability, organization, and other content may differ from the time the YY易游体育官方网站formation was origYY易游体育官方网站ally posted. Changes may take place without notice.

Page top