Responding to TCFD
Responding to TCFD*1
Epson to Disclose Climate-Related Financial Information in Accordance with Final Report of the TCFD
Epson indicated approval of the recommendations of the Task Force on Climate-related Financial Disclosures (TCFD) in October 2019.
Epson is taking steps to deal with climate change in all aspects of its business. Examples include cutting emissions of greenhouse gases (GHGs) in production (scopes 1 and 2) and in the value chain (scope 3). These efforts are intended to help achieve the carbon-free society called for in the Paris Agreement.
In line with the recommendations of the TCFD, Epson will actively disclose climate-related financial information going forward. Such information will address both the risks and opportunities that climate change poses to our business. Consideration will be given to strategy, risk management, governance, and indicators.
*1 Abbreviation of "Task Force on Climate-related Financial Disclosures." The task force was founded by the Financial Stability Board (FSB), an international organization in which central banks and regulatory authorities of major nations and regions take part.