TCFD-Based Information Disclosure
The Task Force on Climate-Related Financial Disclosures (TCFD) was established by the Financial Stability Board at the request of G20 with the objective to reduce the risk of instability in the financial market due to climate change. The task force announced its recommendations in June 2017 asking companies and organizations to gain understanding of and disclose the risks and opportunities arising from climate change. The Fujitsu Group announced its support for the TCFD recommendations in April 2019 and strives to disclose information in line with the recommendations, including responding to CDP （*1）.
- （*1）CDP: An international nonprofit organization which offers the only global system for measuring, disclosing, managing and sharing important environmental information of companies and cities. CDP is working together with the world's leading institutional investors to encourage companies to disclose their impact on the environment and natural resources, and to take steps to mitigate that impact.
|Governance||Under our system for promoting environmental management, we have established the Sustainability Management Committee chaired by the President. This committee deliberates on medium- and long-term issues, makes policies, shares the risks and opportunities arising from climate change, determines measures to tackle them and manages the progress of these activities. It also reports the results of these activities to the Board of Directors at the meetings of the Management Council. In addition, we analyze and respond to risks faced throughout the Group, including those from climate change, under the supervision of the Board as part of our Group-wide risk management system.|
|Strategy||Based on the analyses of risks and opportunities arising from climate change in the medium to long term (2030-2050), we have formulated the FUJITSU Climate and Energy Vision, a medium- to long-term environmental vision through 2050.
As the world strives for decarbonization, we recognize that any delay in action can lead to risks. Therefore, this vision aims to promote zero CO2 emissions from our company using ICT and contribute technology services that support digital innovation to build a decarbonized society and cope with climate change, including turning know-how gained into services.
|Risk Management||The Fujitsu Group manages risks through committees and management systems. Our risk management system starts with identifying and evaluating risks. We then rank the risks by the frequency of their occurrence and impact level, and the relevant committees determine measures to avoid, mitigate, transfer or accept them as well as check the progress of such measures. Major risks are periodically reported to the Board of Directors.|
|Indicators & Targets||We have formulated the medium- to long-term vision to tackle climate change in the medium to long term, and the Environmental Action Plan for short-term targets. We manage the progress of our strategy by monitoring the indicators set in the vision and action plan.|