Agreed to support the Task Force on Climate-Related Financial Disclosures (TCFD) recommendation
Nippon Paint Holdings Co., Ltd. announces it agreed to support the recommendation (final report) issued by the Task Force on Climate-Related Financial Disclosures (TCFD).
This recommendation was made by the task force set up by the Financial Stability Board (FSB), which is comprised by participating members that represent the finance ministries, financial regulatory authorities and central banks of major countries and regions. Nippon Paint Holdings is recommending companies carry out information disclosure related to risks and opportunities connected with climate change.
In accordance with its policy to position SDGs and ESG perspectives at the core of its management, Nippon Paint Holdings is listing as materiality (significant issues) the easing of impact from climate change by curbing greenhouse gas (GHG) emissions and minimization of business risks due to climate change. Going forward, the company will continue to expand climate change related measures and information disclosure to achieve the maximization of shareholder value (MSV).
[Contact regarding this news release]
ESG Promotion Department Tel.: +81-(0)3-6433-0711 (main line)