Updated

Announcement of Support for the Task Force on Climate-related Financial Disclosures (TCFD) Recommendations

Nov 12, 2021

Mitsubishi HC Capital Inc. (Representative Director, President & CEO: Takahiro Yanai, "the Company") announced its support for recommendations by the Task Force on Climate-related Financial Disclosures (TCFD*) established by the Financial Stability Board (FSB).

Mitsubishi HC Capital Group ("the group") engages to resolve social issues to realize a prosperous and sustainable future society with customer, partners globally. The climate change is considered a significant social issue and exerts a grave impact on the global environment and people's lives and business activities. The group also will intensify efforts to reduce greenhouse gas (GHG) emissions and contributes customers' decarbonization by providing its advanced business.

By announcing its support for the TCFD recommendations, the group will accelerate its environmental business efforts and enhance the disclosure regarding climate change related risk and opportunities.

*Task Force on Climate-related Financial Disclosures established by the Financial Stability Board (FSB) after Paris Agreement (COP21), an international organization for the stabilization of the financial system, published a report in June, 2017 to encourage the disclosure of climate related information with financial impact in annual financial reports.

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