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Toppan Holdings Inc. has been named on CDP’s 2023 Climate Change A list.
CDP surveys and assesses the efforts of businesses and subnational governments in relation to target setting, risk management and disclosure on environmental issues. CDP’s annual assessment process is aligned with the recommendations of the Task Force on Climate-related Financial Disclosures (TCFD) and is renowned as a global standard for evaluating companies’ environment-related activities. In 2023, more than 740 financial institutions with over US$136trn in assets requested data on environmental impact, risk and opportunities through CDP, and a record number of more than 23,000 companies responded by providing disclosures. A total of 346 companies have been named to the 2023 Climate Change A List, including 109 from Japan.
The Toppan Group has consistently implemented various initiatives to accelerate its efforts to help shape a sustainable society in which all forms of life can continue to thrive into the future. In April last year, it enhanced and expanded the Toppan Group Environmental Vision 2050, which sets out the Group’s long-term approach to global environmental issues, adding the theme of “Preserving Biodiversity” and declaring its commitment to collaborating with the entire supply chain and local communities in addressing environmental issues. At the same time, the Toppan Group revised its Medium-and-Long-Term Environmental Targets for Fiscal 2030, the target year for the United Nations Sustainable Development Goals. This included setting new targets, as well as raising existing ones.
The Toppan Group continues to intensify initiatives focused on preservation of biodiversity, as advocated by the Environmental Vision. In January this year, Toppan Holdings announced its support for the final recommendations of the Taskforce on Nature-related Financial Disclosures (TNFD) and its participation in the global TNFD Forum, an international group of stakeholders aligned with the mission and principles of the TNFD.
As a leading provider of solutions to social issues worldwide driven by digital transformation (DX) and sustainable transformation (SX), Toppan Holdings will continue to advance efforts to help shape a sustainable society while also enhancing corporate value.