Fine Today Adopts TCFD Recommendations
Fine Today Shiseido Co., Ltd. (Head Office: Tokyo; Representative Director, President and CEO: Tetsuo Komori) has announced its support for the Task Force on Climate-Related Financial Disclosures (TCFD*1).
Established by the Financial Stability Board (FSB*2), the TCFD encourages companies to assess the financial impact of climate change risks and opportunities on their corporate management, and to disclose the relevant information.
Protecting the planet is one of the pillars of our Medium and Long-Term Vision, "Fine Today & Tomorrow 2030". Our Basic Environmental Policy states that to ensure the global environment remains beautiful for future generations, it is important to focus on both business activities and worldwide environmental conservation efforts.
Material sustainability issues have been identified in our Medium and Long-Term Vision, Basic Environmental Policy, and ESG Challenges. One of the most important of these issues is combating climate change as part of environmental protection activities.
Going forward, we will identify and assess the impact of climate change on our business activities. The TCFD recommendations are categorized in four areas: governance, strategy, risk management, and metrics and targets. We will promote our climate change response measures and actively disclose relevant information in line with these.
*1 Task Force on Climate-related Financial Disclosures
*2 Financial Stability Board
Links
TCFD website: https: //www.fsb-tcfd.org/
Basic Environmental Policy of the Fine Today Shiseido Group: https://www.finetoday.com/jp/uploadimages/environment-policy.pdf
ESG initiatives: https://www.finetoday.com/jp/sustainability/esg-approach/