Notice regarding Support for TCFD Recommendations
SMS Co., Ltd. (the “Company”) hereby announces its support for the Task Force on Climate-related Financial Disclosures (the “TCFD*1”) recommendations. In addition, the Company joined the TCFD Consortium*2, which serves as a platform for supporter companies and financial institutions to hold discussions.
SMS Group's Mission is “to improve people's quality of life by providing information infrastructure for an aging society.” We believe that by working to solve the various social issues that arise in an aging society as the foundation of our business, and by realizing our Mission, we can contribute to the realization of a sustainable society. By working to solve social issues through our business activities, we can achieve sustainable growth as a company that is needed by society. Increasing our corporate value over the long term through the accumulation of sustainable growth more powerfully supports the realization of our Mission and leads to the realization of a sustainable society.
In order to promote these value-creation activities, we believe it is important to address climate change as a common issue for all humankind, while understanding the needs of society. We have therefore decided to support for TCFD recommendations.
Going forward, the Company will analyze climate-related risks and opportunities and disclose information in line with the TCFD recommendations.
*1 TCFD（Task Force on Climate-related Financial Disclosures）
The TCFD is a task force established by the Financial Stability Board (FSB) in 2015 at the request of the G20 to consider climate-related information disclosure and responses by financial institutions with the aim of stabilizing financial markets. TCFD recommends companies to assess the financial impact of climate change risks and opportunities on management and disclose information based on governance, strategy, risk Management, and metrics & targets.
*2 TCFD Consortium
The TCFD Consortium was established in 2019 as a platform for discussions on effective disclosures by companies and efforts to facilitate appropriate investment decisions by financial institutions based on the information disclosed. In the consortium, TCFD supporter companies and financial institutions are promoting these initiatives.
Notice regarding Support for TCFD Recommendations