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  • December 17, 2021

    Rengo Declares Support for the Recommendations of the Task Force on Climate-related Financial Disclosures (TCFD)

    Rengo Co., Ltd. announces its support for the recommendations of the Task Force on Climate-related Financial Disclosures (TCFD) in December 2021.
    In the Rengo Group Environment Action 2050, the Group has stated a target of net zero greenhouse gas emissions toward the realization of a sustainable society. Furthermore, in the Group's medium-term environmental target Eco Challenge 2030, specific goals for solving environmental and social issues—such as greenhouse gas emission reductions and the creation of a recycling-oriented society—have been set and are being worked on.
    The Rengo Group positions response to climate change as an urgent issue and is taking active measures. The Group has also undertaken information disclosure and will continue to widely convey to stakeholders our responsibilities toward and future measures against the issue of climate change. We will further enhance the disclosure of information regarding climate change following the recommendations of TCFD.

    TCFD(Task Force on Climate-related Financial Disclosures)

    Task Force on Climate-related Financial Disclosures (TCFD)

    Based on the request of G20, the Financial Stability Board (FSB) created the Task Force on Climate-related Financial Disclosures (TCFD) to study climate-related information disclosure and measures of financial institutions. TCFD released its final report in June 2017, in which companies were recommended to disclose four areas (governance, strategy, risk management, and metrics and targets) regarding risks and opportunities related to climate change.