Establishment of the Sustainability Promotion Office and TCFD Response Framework
First written in FY2022. 2 of 4 entries say "Reframed", first in FY2024. Latest entry: FY2026.
Daiichi Kigenso Kagaku-Kogyo moved to the "Worse" side of this theme in 2024, 2 years before the typical company in this theme (2026).
The whole theme swung hardest in 2020: 2 of 10 companies on the "Worse" side.
12 other companies' latest entry also says "Reframed".
- FY2026ReframedAnnual report
「Effective 1 April 2026, the Sustainability Promotion Department was renamed the Sustainability Management Department, and its affiliated headquarters changed from the Corporate Management Headquarters to the Administration Headquarters.」
Effective 1 April 2026, the Sustainability Promotion Department was renamed the Sustainability Management Department, and its affiliated headquarters changed. The framework for planning and monitoring progress through the Board of Directors and the Management Committee continues. - FY2024ReframedAnnual report
「Under the supervision of the director responsible for the Sustainability Promotion Department, the department formulates plans for sustainability initiatives, which are discussed by the Management Committee and then decided by the Board of Directors.」
The name changed from the former Sustainability Promotion Office to the Sustainability Promotion Department, and the company describes a framework under which the director responsible provides oversight, the Management Committee discusses matters, and the Board of Directors makes decisions and checks progress. - FY2023AdvancedAnnual report
「Under the supervision of the director responsible for the Sustainability Promotion Office, the office formulates plans for sustainability initiatives, which are discussed by the Management Committee and then decided by the Board of Directors.」
The company established a governance and risk management framework linking the Sustainability Promotion Office, the Management Committee, the Board of Directors and the Risk Management Committee, and disclosed scenario analysis under the TCFD framework and a target of reducing Scope 1 and 2 emissions by at least 20% by 2030. - FY2022First statedAnnual report
「In April 2022, we established the Sustainability Promotion Office as a department responsible for advancing sustainability initiatives, including efforts to address climate change. In accordance with the basic policies determined by the Board of Directors, the Sustainability Promotion Office formulates action plans for addressing climate change, which are decided by the Management Committee before being implemented throughout the Group.」
The Sustainability Promotion Office, including responsibility for climate change, was established in April 2022, creating a new framework linking the Board of Directors, the Management Committee and all Group companies. The company also describes its response to the 4 areas of the TCFD recommendations, including environmental targets, risk management, and disclosure of metrics and targets.