News & Media

EBARA Supports the Recommendations of the Task Force on Climate-Related Financial Disclosures (TCFD)

May 27, 2019
EBARA CORPORATION

EBARA CORPORATION (“EBARA”) supported the recommendations of the Task Force on Climate-related Financial Disclosures (“TCFD”)*, which was set up by the Financial Stability Board (“FSB”).

1. Background and Aim
Since its founding, Ebara has continuously provided products and services for the social and industrial infrastructure -- including energy and water -- that are essential for people’s lives. To continue achieving sustainable growth alongside society and further enhance our corporate value in the future, we see action on climate change as a priority and we intend to continue actively focusing on a range of environmental measures, including reducing CO2 emissions, and to contribute to the realization of a sustainable society.

2.Future Developments
Moving forward, based on the recommendations of the TCDF, Ebara will increase the quality of its strategies, risk management and corporate governance regarding the business impacts of climate change, both in terms of risks and opportunities, and will actively make climate-related financial disclosures.

About the Task Force on Climate-related Financial Disclosures (TCFD)
The Task Force on Climate-related Financial Disclosures (TCFD) was set up in December 2015 by the Financial Stability Board (FSB), which is an international body comprising the central banks and financial regulators of major economies.
Official TCFD site(in English):https://www.fsb-tcfd.org/