TCFD Index

This index provides links to the Sumitomo Chemical Group’s disclosures on recommendations of the Task Force on Climate-related Financial Disclosure (TCFD)

Governance
Disclose the organization’s governance pertaining to climate-related risks and opportunities

Recommended disclosure content Relevant sections
The Sustainability Data Book 2023 Website and related reports
a) Framework of the Board of Directors’ oversight of climate related risks and opportunities
b) The role of management in assessing and managing climate-related risks and opportunities

Strategy
Disclose the actual or latent impact on the business, strategy, and financial planning of climate-related risks and opportunities if such information is important.

Recommended disclosure content Relevant sections
The Sustainability Data Book 2023 Website and related reports
a) Climate-related risks and opportunities the organization has identified over the short-, mid- and long-term
b) Impact of climate-related risks and opportunities on the organization’s business, strategy and financial planning

c) Resilience of the organization’s strategy, taking into consideration different climate-related scenarios, including a 2°C or lower scenario

Risk management
Disclose how the organization is identifying, evaluating, and controlling climate related risks

Recommended disclosure content Relevant sections
The Sustainability Data Book 2023 Website and related reports
a) Organization’s processes for identifying and assessing climate-related risks
b) Organization’s processes for managing climate-related risks

c) How processes for identifying, assessing, and managing climate-related risks are integrated into the organization’s overall risk management

Metrics and targets
Disclose indicators and targets used in the evaluation and control of climate related risks and opportunities if such information is important.

Recommended disclosure content Relevant sections
The Sustainability Data Book 2023 Website and related reports
a)

Metrics used by the organization to assess climate-related risks and opportunities in line with its strategy and risk management process
Cross-Industry, Climate-Related Metric Categories (Revised on October 2021)
GHG Emissions

Absolute Scope 1, Scope 2, and Scope 3; emissions intensity
Transition Risks

Amount and extent of assets or business activities vulnerable to transition risks
Physical Risks

Amount and extent of assets or business activities vulnerable to physical risks

Climate-Related
Opportunities

Proportion of revenue, assets, or other business activities aligned with climate-related
opportunities
Capital Deployment

Amount of capital expenditure, financing, or investment deployed toward climate-related
risks and opportunities

Internal Carbon
Prices

Price on each ton of GHG emissions used internally by an organization
Remuneration

Proportion of executive management remuneration
linked to climate considerations
b)

Scope 1, Scope 2, and if appropriate, Scope 3 greenhouse gas (GHG) emissions and related risk
c)

Targets used by the organization to manage climate-related risks and opportunities and performance against target

Sustainability