May 10, 2019
Daifuku Co., Ltd. has announced its assent to the recommendations from the Task Force on Climate-related Financial Disclosures (TCFD), an organization established by the Financial Stability Board (FSB).
Daifuku will analyze risks and opportunities climate change might pose to its business across the globe and disclose related information in accordance with the TCFD Recommendations framework.
Based on this, Daifuku will aim for its sustainable growth, promoting its initiatives to address climate change, through dialogues with its stakeholders including institutional investors.
Daifuku’s Initiatives for Addressing Climate Change
In 2011, we established a policy, the Daifuku Group Environmental Vision 2020, to contribute to building a sustainable global environment through our business. Within this policy, we have stated that we will contribute to our customers, society, and the conservation of the global environment, and strive to be environmentally aware in every business activity, including consistently developing and providing material handling systems and equipment with low environmental impact.
About the TCFD
Established by the FSB, an international organization comprising representatives from central banks, financial supervisory authorities and finance ministries of major countries and regions, TCFD works to help companies understand what financial markets want from disclosure in order to measure and respond to climate change risks and encourage them to align their disclosures with investors’ needs. In June 29, 2017, TCFD launched its Recommendations report and supplemental materials.