Nihon Chouzai : Notice Concerning a New Materiality Framework and Key Performance Indicators along with the Commencement of Information Disclosure Based on TCFD
June 23, 2022 at 04:35 am EDT
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June 23, 2022
Company name
Nihon Chouzai Co., Ltd.
Company representative
Yosuke Mitsuhara, President and CEO
Securities code
3341; Tokyo Stock Exchange Prime Section
Contacts
Masahiro Tojo, Executive Officer and
General Manager of Corporate Planning
Department
(Phone: +81-3-6810-0800)
Notice Concerning a New Materiality Framework and Key Performance Indicators along with the Commencement of Information Disclosure Based on Task Force on Climate-Related Financial Disclosures Recommendations
Nihon Chouzai Co., Ltd. announces that it has created a materiality framework, specified key performance indicators (KPIs), and begun disclosing information based on the recommendations of the Task Force on Climate-Related Financial Disclosures (TCFD) as part of its efforts to enhance the Nihon Chouzai Group's sustainability management. Details are as follows.
1. Recent progress in sustainability management
Nihon Chouzai regards sustainability as a vital component of its management. Aiming to step up related initiatives, the Company formulated a Basic Sustainability Policy and established its Sustainability Committee in December 2021. Along with these actions, the Company specified a set of material issues for the Nihon Chouzai Group to tackle on a priority basis with a view to enhancing sustainability management going forward.
2. Establishment of a materiality framework and related KPIs
To more substantially contribute to sustainability through its business activities and to strengthen related management capabilities, the Company created a framework for addressing material issues and specified related KPIs. Looking ahead, it intends to make further progress in sustainability management by carrying out specific initiatives and monitoring the achievement of targets set for the KPIs. The Company will review the framework and KPIs when appropriate, and disclose timely information on those under consideration. For details, please refer to the Nihon Chouzai Group's sustainability website.
The Nihon Chouzai Group's sustainability website: https://www.nicho.co.jp/en/sustainability/
3. Disclosure based on TCFD recommendations
In Japan's Corporate Governance Code, established by the Tokyo Stock Exchange, companies listed on the Prime Market of the exchange are required to disclose information based on the recommendations of the TCFD, which was created by the Financial Stability Board. Recognizing climate change as an important matter to address through its sustainability management, the Company recently measured its
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Scope 1 and 2 CO2 emissions, and disclosed this data in the Nihon Chouzai Group's sustainability website. Looking ahead, Nihon Chouzai intends to gradually disclose relevant and compliant information based on the TCFD recommendations while stepping up its response to climate change.
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NIHON CHOUZAI Co. Ltd. published this content on 23 June 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 23 June 2022 08:34:05 UTC.
NIHON CHOUZAI Co., Ltd is primarily engaged in the pharmacy business, the provision of staffing services, as well as the manufacture and sale of pharmaceutical products. The Company operates in three business segments. The Pharmacy segment is engaged in the operation of a chain of dispensing pharmacies. The Pharmaceutical Product Manufacturing and Distribution segment is engaged in the manufacture and nationwide sale of generic pharmaceutical products. The Healthcare Personnel Staffing Service segment is involved in the dispatching of pharmacists to various regional pharmacies.
Nihon Chouzai : Notice Concerning a New Materiality Framework and Key Performance Indicators along with the Commencement of Information Disclosure Based on TCFD