TCFD: Task Force on Climate-related Financial Disclosures
Nippon Sanso Holdings expressed its support for the recommendations of the Task Force on Climate-related Financial Disclosures
(TCFD)* in November 2019. We have already been working to reduce environmental impacts and save energy, and
to expand its lineup of products that contribute to reducing GHG emissions. However, based on the final
recommendations of the TCFD, we will enhance these initiatives even further and phase in improvements to our relevant
information disclosure as we work to increase the corporate value of the entire Group.
* The TCFD announced its final recommendation report in June 2017, which recommends that
all companies and other organizations disclose information about governance, strategies, risk management, indicators,
and targets regarding climate change-related risks and opportunities.
CDP
Response to the CDP
We have been responding to surveys from the CDP*, an international NGO (Non-governmental Organization), since 2020.
In 2023, we responded
to questionnaires regarding climate change and water security. Please see below for our responses.
*Formerly named the Carbon Disclosure Project, the CDP* is an NGO
established in the UK. The organization cooperates with institutional investors to request disclosure regarding
environmental responses from companies and local governments and conducts surveys and analyses.
Keidanren Initiative for Biodiversity Conservation
We have participated in “Keidanren Initiative for Biodiversity Conservation” in January 2024.
We agree with the whole idea and purpose of “Declaration of Biodiversity by Keidanren and Action Policy,” and will continue to promote business activities that contribute to the preservation of biodiversity.
UN Global Compact
Signature to UN Global Compact
We have signed the UN Global Compact (hereafter “UNGC”) and was registered as a participant on January
18, 2022. We have also joined the Global Compact Network Japan. In addition, Nippon Gases Euro-Holding S.L.U, one of
our group companies, has signed the UNGC and has been registered as a participant.
What is the UN Global Compact?
UNGC is a voluntary effort by companies and organizations to act as good members of society and participate in the
creation of a global framework for sustainable growth by demonstrating responsible and creative leadership. Companies
and organizations that have signed the UNGC are required to adhere to and practice ten principles related to the four
areas of human rights, labor, the environment and anti-corruption in developing their corporate strategies and
activities.
By signing the UNGC, we clearly express our corporate stance and will further promote initiatives to contribute to a
sustainable society based on our Group Vision: “We aim to create social value through innovative gas solutions
that increase industrial productivity, enhance human well-being and contribute to a more sustainable future.”
The four areas and the ten principles of the UN Global Compact
| Area |
Principle |
| Human Rights
|
Business should
Principle 1．support and respect the protection of internationally proclaimed human
rights; and
Principle 2．make sure that they are not complicit in human rights abuses.
|
| Labour |
Business should
Principle 3．uphold the freedom of association and the effective recognition of the right
to collective bargaining;
Principle 4．the elimination of all forms of forced and compulsory labour;
Principle 5．the effective abolition of child labour; and
Principle 6．the elimination of discrimination in respect of employment and occupation.
|
| Environment
|
Businesses should
Principle 7．support a precautionary approach to environmental challenges;
Principle 8．undertake initiatives to promote greater environmental responsibility; and
Principle 9．encourage the development and diffusion of environmentally friendly
technologies.
|
| Anti-corruption
|
Businesses should
Principle 10．work against corruption in all its forms, including extortion and bribery
|