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Notice Concerning Tokuyama Selected for the First Time as a Supplier Engagement Leader, the Highest Ranking in the CDP 2024 Supplier Engagement Rating
Tokuyama Corporation has been selected for the first time as a Supplier Engagement Leader, the highest rating in the 2024 Supplier Engagement Rating* conducted by CDP**, a global non-profit organization that runs an environmental disclosure system.
As part of its Medium-Term Management Plan 2025, the Tokuyama Group has positioned "Contribute to mitigation of global warming" as one of its priority issues and is actively promoting climate change initiatives. In fiscal 2023, the Tokuyama Group established Scope 3 emissions reduction targets and disclosed comprehensive data across all group companies. These efforts are documented in the "TOKUYAMA TCFD REPORT 2025***," scheduled for release on July 31, 2025. In terms of risk management, the company annually reviews and maps "material risks" identified by its Risk Management and Compliance Committee, considering factors such as frequency and potential impact.
We believe this recognition reflects the effectiveness of these initiatives. Encouraged by this honor, Tokuyama will continue to steadily advance its climate change response efforts.
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Tokuyama Corporation – Public Relations & Investor Relations Group
TEL: +81-3-5207-2552
[Reference Information]
* Supplier Engagement Rating:
This rating evaluates companies that respond to CDP's Climate Change Questionnaire based on criteria such as Targets, Supplier engagement, Scope 3 emissions incl verification, Risk management processes, and Governance and business strategy. Companies receiving the highest rating are named Supplier Engagement Leaders.
List of selected companies: https://www.cdp.net/en/supply-chain/supplier-engagement-assessment
** About CDP:
CDP is a UK-based NGO established in 2000 that operates a global disclosure system for investors, companies, governments, regions, and cities to manage their environmental impacts. Over 640 financial institutions support disclosure through CDP, representing over a quarter of global financial assets.
*** TOKUYAMA TCFD REPORT:
Available at: Helping to Fight Global Warming | Sustainability | Tokuyama