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Support for the Task Force on Climate-related Financial Disclosures (TCFD) Recommendations
Since obtaining ISO14001 certification in 2002, the Kyokuyo Group has been striving to conserve the environment by reducing greenhouse gas emissions and effectively using resources, etc. However, in recent years, concerns about the impact of climate change caused by global warming on society and corporate activities have increased year by year, and appropriate responses to climate change-related risks have become necessary. We have expressed our support for the recommendations issued by the Task Force on Climate-related Financial Disclosure (TCFD) in May 2022 and are disclosing information following these recommendations.
TCFD website：https://www.fsb-tcfd.org/
We have analyzed the risks and opportunities posed by climate change to our business activities following the recommendations and considered countermeasures.
We have reviewed and revised the disclosure, including additions to the explanation of risk management, the inclusion of a timeline for scenario analysis, and the disclosure of Scope 3 emissions.
Adoption of CFC-free refrigeration equipment
The Kyokuyo Group continues to switch over to CFC-free refrigeration equipment. By transitioning to the use of natural refrigerants, we are reducing the usage of CFCs, which are a significant contributor to the greenhouse gas effect. We also perform regular inspections of refrigeration equipment that still uses CFCs, making thorough efforts to prevent any CFC leakage.
The topic is also included in the e-learning conducted for all of our group employees, not only those involved in production, in order to raise awareness on this problem that is highly relevant to the employees of a company that handles frozen food products.
