Selected as an "Excellent TCFD Disclosure" by GPIF's Domestic Equity Management Institutions

EBARA Corporation (hereinafter referred to as "EBARA") has been selected as an "Excellent TCFD Disclosure" by the Government Pension Investment Investment Fund (GPIF) domestic equity management institutions.

In May 2019, EBARA signed the Task Force on Climate-related Financial Disclosures (TCFD)opens in a new tab and has been promoting climate-related information disclosure. In 2021, we disclosed climate-related information based on the TCFD recommendations, and then began analyzing climate-related scenarios for each face-to-face market based on the opinions we received through dialogue with investors and our internal recognition of issues.

The GPIF asked 13 asset managers (hereinafter referred to as "asset managers") that are entrusted with the management of domestic equities to select "excellent TCFD disclosures." In addition to asking asset managers to select up to five companies for "outstanding TCFD disclosures," we also asked them to select up to three companies for each of the four items of disclosure (governance, strategy, risk management, and metrics and targets).
As a result, 28 companies were selected as "Excellent TCFD Disclosures," and we were selected as one of them. Fifty-five companies were selected as excellent disclosures in the four categories of disclosure, and we were evaluated for our excellent disclosure of governance.

The results of the climate-related scenario analysis are used in the Group's new medium-term management plan, E-Plan 2025, announced on February 14. We regard the results of the "Excellent TCFD Disclosure" as valuable feedback from asset management organizations, and we will continue to continuously improve our climate change initiatives and information disclosure through dialogue with stakeholders.

Related Information
GPIF websiteopens in a new tab
Details of the Company's Information Disclosure by TCFD
2022 ESG Briefing

EBARA Group aims to achieve the Sustainable Development Goals (SDGs) and further enhance its corporate value by addressing key ESG issues based on its long-term vision and medium-term management plan.