Endorsement of TCFD Recommendations

Asahi Broadcasting Group Holdings Corporation views climate change as one of the most important management issues facing the ABC Group. The Company believes that the TCFD* provides an effective framework for implementing information disclosure related to climate change issues, etc. The Company declared its endorsement of the TCFD recommendations in May 2022.

 

In line with the TCFD recommendations, the Company will continue to disclose information on the impact of climate change on the ABC Group business activities and the measures taken to address the issues.
 

*Task Force on Climate-related Financial Disclosures (TCFD)
A task force established by the Financial Stability Board (FSB) in December 2015 at the request of the Group of Twenty Finance Ministers and Central Bank Governors (G20) to reduce the risk of financial market instability as a result of climate change. The final provisions were published in June 2017, recommending the disclosure of information on the impact of climate change on business activities, as well as specific responses and strategies. This is a key point of information disclosure in the Revised Corporate Governance Code of 2021.

Information Disclosures on Climate Change Response Based on TCFD Recommendations