Response to Climate Change
(Disclosure Based on the TCFD Recommendations 2022)
Daiwa Securities Group recognizes that responding to climate change is an important management issue for the early realization of a carbon-neutral society. In April 2018, the Group expressed its support for the Task Force on Climate-related Financial Disclosures (TCFD). Based on the TCFD recommendations, the Group disclosed information on "Governance," "Strategy," "Risk Management," and "Metrics and Targets" regarding climate-related risks and opportunities.
(July 2022)
Summary of disclosure for FY2022, progress, and future responses
TCFD recommendations | Summary of disclosure for FY2022 | Future responses |
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Governance |
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Strategy |
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Risk management |
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Metrics and targets |
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In the area of "governance," the TCFD recommends disclosure on the board's oversight of climate-related risks and opportunities and management's role. The disclosure of Daiwa Securities Group is in line with this recommendation.
In the area of "strategy," the TCFD recommends disclosure on the actual and potential impacts of climate-related risks and opportunities on the organization's businesses, strategy, and financial planning. The disclosure of Daiwa Securities Group is in line with this recommendation.
In the area of "risk management," the TCFD recommends disclosure on how the organization identifies, assesses, and manages climate-related risks. The disclosure of Daiwa Securities Group is in line with this recommendation.
In the area of "metrics and targets," the TCFD recommends disclosure of the metrics and targets used to assess and manage relevant climate-related risks and opportunities. Based on the strategy and risk management process described above, Daiwa Securities Group has established and disclosed the metrics and targets below.
Future
The Group will continue to further enhance information disclosure based on the TCFD recommendations and strive to strengthen communication with stakeholders, and contribute to the realization of a carbon-neutral society