TCFD Support and Sustainability Information Disclosure
First written in FY2022. 5 of 6 entries say "Advanced", first in FY2023. Latest entry: FY2026.
The whole theme swung hardest in 2026: 2 of 12 companies on the "Worse" side.
10 other companies' latest entry also says "Advanced".
- FY2026AdvancedAnnual report
「The results of this scenario analysis have been incorporated into the 2030 management indicators and the medium-term management plan "Nitto RISE 2028," including "Nitto Group Carbon Neutral 2050." Initiatives such as eliminating solvents, improving energy efficiency, using renewable energy and creating products that contribute to the environment enable us to minimise risks and maximise opportunities, confirming the usefulness of the strategy.」
Climate scenario analysis has been incorporated into Nitto RISE 2028 and the 2030 management indicators, with solvent elimination, energy efficiency, renewable energy and environmentally beneficial products used as response measures. - FY2025AdvancedAnnual report
「We have also newly established a 2030 target of 1460kton for CO2 emissions (Scope 3) and will further accelerate our efforts to achieve a decarbonised society and zero environmental impact across the entire supply chain, not only within our own operations.」
The Group expanded its TCFD and SBT response to a 2030 Scope 3 target of 1460kton, advancing its climate initiatives to cover the entire supply chain. - FY2025-H1AdvancedAnnual report
「On 26 August 2024, we obtained SBT※ certification and, to accelerate our response to climate change, revised upward our target for fiscal 2025 CO2 emissions (Scope 1 + 2) from 550kton/year to 470kton/year.」
The Group obtained SBT certification and revised its fiscal 2025 CO2 emissions target to 470kton/year under science-based climate targets. - FY2024AdvancedAnnual report
「The results of this scenario analysis have been incorporated into the 2030 management indicators, including "Nitto Group Carbon Neutral 2050," and the medium-term management plan "Nitto for Everyone 2025," enabling us to confirm the usefulness of the strategy. Meanwhile, we revised the 2030 management target for CO2 emissions from 470kton to 400kton to establish a more ambitious target aligned with 1.5°C and based on scientific evidence.」
The Group advanced its TCFD response from scenario analysis to incorporating the results into management indicators and the medium-term plan, and revised its CO2 target to 400kton. - FY2023AdvancedAnnual report
「From the 5 types of future external-environment changes that may arise over the medium to long term based on the scenarios—policy and regulation, technology, markets, acute events and resource efficiency—we are identifying opportunities and risks that could have a material financial impact on operating profit and working to include them in our common sustainability strategy.」
The Group progressed beyond its TCFD support and disclosure policy by using scenario analysis to identify 5 types of external-environment changes and opportunities and risks with financial impacts. - FY2022First statedAnnual report
「In addition, during the same month, the Group expressed its support for the Task Force on Climate-related Financial Disclosures (TCFD). Going forward, the Group will actively disclose not only financial information but also information on sustainability-related issues, including ESG factors, and work to build trust with stakeholders.」
The policy of supporting the TCFD and actively disclosing sustainability information, including ESG factors in addition to financial information, was disclosed for the first time.