Takasago Backs Climate Task Force Recommendations

Takasago International Corporation has announced its support for the Task Force on Climate-related Financial Disclosure's recommendations.
Takasago International Corporation has announced its support for the Task Force on Climate-related Financial Disclosure's recommendations.

Takasago International Corporation has expressed its support for the recommendations from the Task Force on Climate-related Financial Disclosure (TCFD). The TCFD, which was established by the financial stability board, has published its recommendations for voluntary climate-related financial disclosures that are consistent, comparable, reliable, clear and efficient to help the market understand its risks and opportunities.

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The recommendations request that all companies develop different climate-related scenarios, assess their climate-related risks/opportunities, incorporate such risks/opportunities in their business strategies and risk management, as well as understand and disclose their financial impacts.