Menicon Co., Ltd. (head office: 3-21-19, Aoi, Naka-ku, Nagoya-shi; President and CEO: Hidenari Tanaka) expressed agreement with the recommendations of the Task Force on Climate-Related Financial Disclosures (TCFD)*, and disclosed information on climate change in accordance with the TCFD recommendations on the website.
Menicon group aims to realize a sustainable society by offering products and services that are useful to the society while harmonizing with people, society, and the global environment. We have been conducting environmentally conscious activities including product design and process improvement to reduce waste such as plastics in our manufacturing processes and finished products, environment-related activities that contribute to waste circulation during the food production process, and local environmental conservation activities.
In FY 2021, we began to conduct scenario analyses to enhance our ability to respond to climate change in the medium and long term. In April 2022, the CSR Committee was restructured, and renamed as the Sustainability Committee where a system was established under the supervision of directors to deepen discussions on and examination of sustainability issues including climate change. The agreement with the TCFD recommendations was expressed in July.
In future, we will use the TCFD framework along with other measures/methods to further develop our approach to climate change, disclose more information such as our targets for indicators, and accelerate a series of activities throughout Menicon group.
■ Disclosure in Line with TCFD Recommendations
https://www.menicon.com/corporate/aboutus/tcfd-recommendations
*The TCFD is a task force established by the Financial Stability Board (FSB) at the request of the G20, and recommends companies to disclose their "Governance," "Strategy," "Risk Management," and "Metrics and Targets" related to climate change risks and opportunities.
