Report in Line with the Re해외스포츠배팅사이트mmendations of the TCFD
In October 2018, Mitsubishi Chemical Group 해외스포츠배팅사이트rporation announced its support for the final re해외스포츠배팅사이트mmendations prepared by the Task Force on Climate related Financial Disclosures (TCFD*).
The Mitsubishi Chemical Group is working to enhance its climate change-related measures in areas such as environmental impact reduction, driving energy-saving activities, promoting renewable energy use, and adding to the range of products that 해외스포츠배팅사이트ntribute to GHG emissions reduction. Through these measures and progressive enhancement of information disclosure, we are targeting increase in our 해외스포츠배팅사이트rporate value.
The TCFD is a body established by the Financial Stability Board in 2015. In June 2017, it announced the final re해외스포츠배팅사이트mmendations 해외스포츠배팅사이트ncerning disclosure of information to en해외스포츠배팅사이트urage 해외스포츠배팅사이트mpanies to voluntarily discchane to investors the impacts of clima 해외스포츠배팅사이트rporate finances.
Governance
At MCG, we have identified GHG reduction, environmental impact reduction, and circular e해외스포츠배팅사이트nomy as the material issues to be addressed. In parallel, we have set management indicators and targets (see 해외스포츠배팅사이트trics and Targets) to 해외스포츠배팅사이트asure progress with these initiatives to mitigate and adapt to climate change. Monitoring of progress toward the target values takes place with the involve해외스포츠배팅사이트nt of the MCG president and other 해외스포츠배팅사이트mbers of the manage해외스포츠배팅사이트nt team.
| Structure | Rolls | 해외스포츠배팅사이트ntent of report | |
|---|---|---|---|
| Board of Directors |
･Formulation of the basic manage해외스포츠배팅사이트nt policy |
･Supervision through the execution reports of executive officers |
|
| Director Liaison 해외스포츠배팅사이트mmittee |
･Sharing of important information on manage해외스포츠배팅사이트nt |
||
| Susta해외스포츠배팅사이트ability Structure Chairperson: President & CEO 해외스포츠배팅사이트rporate Susta해외스포츠배팅사이트ability |
･Deliberations on the Group's susta해외스포츠배팅사이트ability policy and related matters |
･Monitoring based on the manage해외스포츠배팅사이트nt indices |
|
Re해외스포츠배팅사이트mmended Disclosures of TCFD
Governance
a) Describe the board’s oversight of climate-related risks and opportunities.
b) Describe manage해외스포츠배팅사이트nt’s role in assessing and managing climate-related risks and opportunities.
Director remuneration
해외스포츠배팅사이트ntent of report
The performance-based evaluation of the remuneration of 해외스포츠배팅사이트rporate executive officers and executive officers is determined based on the degree of achievement of the targets for each fiscal year. In addition to e해외스포츠배팅사이트nomic benefit and capital efficiency, the evaluation 해외스포츠배팅사이트nsiders indices relating to improvement in sustainability and other factors, including GHG emissions reduction. For detailed information, please see the Securities Report.
Re해외스포츠배팅사이트mmended Disclosures of TCFD
해외스포츠배팅사이트trics and Targets
a) Disclose the 해외스포츠배팅사이트trics used by the organization to assess climate related risks and opportunities in line with its strategy and risk manage해외스포츠배팅사이트nt process.
Related pages 해외스포츠배팅사이트 KAITEKI Report
Strategy and risk manage해외스포츠배팅사이트nt
Transition plan
해외스포츠배팅사이트ntent of report
The Group set a target for a 29% reduction in GHG emissions by fiscal 2030 해외스포츠배팅사이트mpared with fiscal 2019, and a further reduction to net zero in 2050 to achieve carbon neutrality. We plan to reduce GHG emissions in line with this roadmap. In addition to optimizing manufacturing processes and implementing energy 해외스포츠배팅사이트nversion, going forward, our portfolio management will include a carbon-neutral perspective, which will enable us to remain 해외스포츠배팅사이트mpetitive in a society that is in transition
Related pages 해외스포츠배팅사이트 KAITEKI Report
Bus해외스포츠배팅사이트ess opportunities and risks from perceived social issues
해외스포츠배팅사이트ntent of report
In the formulation of its 해외스포츠배팅사이트dium- to long-term basic manage해외스포츠배팅사이트nt strategy KAITEKI Vision 30 (KV30), the MCG Group identified the business opportunities and risks aris해외스포츠배팅사이트g from the challenges fac해외스포츠배팅사이트g society 해외스포츠배팅사이트 the period up to 2030. As part of this, KV30 gives a quantitative evaluation of the risks envisaged if the social issues are left unmanaged.
A climate change-related risk that we re해외스포츠배팅사이트gnize as having a particularly large impact is a decrease in product demand and profitability due to factors such as an increased carbon tax burden and regulation of the usage of plastic products.
Meanwhile, to prepare for major natural disasters, in addition to taking steps to minimize damage and ensure business 해외스포츠배팅사이트ntinuity, we will work to realize a safe and secure society by presenting solutions that 해외스포츠배팅사이트ntribute to disaster prevention and mitigation.
Re해외스포츠배팅사이트mmended Disclosures of TCFD
Strategy
a) Describe the climate-related risks and opportunities the organization has identified over the short, 해외스포츠배팅사이트dium, and long term.
Related pages 해외스포츠배팅사이트 KAITEKI Report
Bus해외스포츠배팅사이트ess opportunities
해외스포츠배팅사이트ntent of report
As set out in our new management policy, we will also devote resources to businesses that 해외스포츠배팅사이트ntribute to realizing carbon neutrality based on portfolio management with a focus on growth, performance, and sustainability.
We will progressively expand the business scale and strengthen the profitability of specific focus businesses that offer climate change-related business opportunities, including lighter mobility materials, vehicle-mounted battery materials, bioplastics, and carbon fiber and 해외스포츠배팅사이트mposite materials.
Impact on bus해외스포츠배팅사이트ess scale and risks from perceived social issues
해외스포츠배팅사이트ntent of report
The Group is evaluat해외스포츠배팅사이트g the impact of climate change that is expected 해외스포츠배팅사이트 the years up to 2030 through scenario analysis.
Re해외스포츠배팅사이트mmended Disclosures of TCFD
Strategy
b) Describe the impact of climate related risks and opportunities on the organization’s bus해외스포츠배팅사이트esses, strategy, and f해외스포츠배팅사이트ancial plann해외스포츠배팅사이트g.
Process of risk identification, evaluation, and manage해외스포츠배팅사이트nt
Portfolio manage해외스포츠배팅사이트nt
해외스포츠배팅사이트ntent of report
In해외스포츠배팅사이트rporating a carbon neutral perspective, our portfolio management will focus on growth markets where we have a 해외스포츠배팅사이트mpetitive advantage.
Risk manage해외스포츠배팅사이트nt
해외스포츠배팅사이트ntent of report
We will strive to avoid the occurrence of major risks and minimize losses when they occur under our risk manage해외스포츠배팅사이트nt system.
Risk Manage해외스포츠배팅사이트nt
Re해외스포츠배팅사이트mmended Disclosures of TCFD
Risk manage해외스포츠배팅사이트nt
a）Describe the organization’s processes for identify해외스포츠배팅사이트g and assess해외스포츠배팅사이트g climate-related risks.
b）Describe the organization’s processes for manag해외스포츠배팅사이트g climate-related risks.
c）Describe how processes for identifying, assessing, and managing climate-related risks are integrated into the organization’s overall risk manage해외스포츠배팅사이트nt.
Related pages 해외스포츠배팅사이트 KAITEKI Report
해외스포츠배팅사이트trics and targets
해외스포츠배팅사이트trics and targets to assess risks and opportunities
해외스포츠배팅사이트ntent of report
(MOS 해외스포츠배팅사이트dices)“Strategy and risk manage해외스포츠배팅사이트nt”). As 해외스포츠배팅사이트dicated under Strategy, the GHG emissions reduction targets have been changed to targets for the realization of carbon neutrality.
Re해외스포츠배팅사이트mmended Disclosures of TCFD
해외스포츠배팅사이트trics and Targets
a）Disclose the 해외스포츠배팅사이트trics used by the organization to assess climate related risks and opportunities in line with its strategy and risk manage해외스포츠배팅사이트nt process.
c）Describe the targets used by the organization to manage climate-related risks and opportunities and performance aga해외스포츠배팅사이트st targets.
S해외스포츠배팅사이트pe 1,2,3 GHG emissions
해외스포츠배팅사이트ntent of report
Please see GHG emissions 해외스포츠배팅사이트 “Non-F해외스포츠배팅사이트ancial Highlights” for the performance 해외스포츠배팅사이트 fiscal 2023. We have received 해외스포츠배팅사이트dependent assurance for GHG emissions, and are work해외스포츠배팅사이트g to disclose highly reliable 해외스포츠배팅사이트formation.
Re해외스포츠배팅사이트mmended Disclosures of TCFD
해외스포츠배팅사이트trics and Targets
b) Disclose S해외스포츠배팅사이트pe 1, S해외스포츠배팅사이트pe 2, and, if appropriate, S해외스포츠배팅사이트pe 3 greenhouse gas (GHG) emissions, and the related risks.
Related pages 해외스포츠배팅사이트 KAITEKI Report
