Response to TCFD
The Fujitsu Frontech Group strives to disclose for all stakeholders, based on the Framework of "The Task Force on Climate-Related Financial Disclosures (TCFD)", with the assessment and management of the risks.
Information Disclosure Based on TCFD's Framework
Themes of TCFD Recommendation
Status of our Response
The organization's governance around climate-related risks and opportunities
The actual and potential impacts of climate-related risks and opportunities on the organization's businesses, strategy, and financial planning
The processes used by the organization to identify, assess, and manage climate-related risks
Metrics and Targets
The metrics and targets used to assess and manage relevant climate-related risks and opportunities
TCFD stands for "The Task Force on Climate-Related Financial Disclosures", which was established by Financial Stability Board (FSB) at the request of G20 with the objective to reduce the risk of instability in the financial market due to climate change. It recommends companies to disclose information on 4 themes relevant to climate-related risks and opportunities, which consist of "Governance", "Strategy", "Risk Management" and "Metrics and Targets".
Response to TCFD in Fujitsu Group
The Fujitsu Group announced its support for the TCFD recommendations in April 2019 and strives to disclose information in line with the recommendations, including the response to CDP.
(Linked: TCFD-Based Information Disclosure)