In light of proposals by the Task Force on Climate Related Financial Disclosures (TCFD), OSAKA SODA has decided on the following governance, strategy, risk management, and metrics and targets.

Osaka Soda established a Sustainability Committee to receive and oversee reports on climate change. This committee also formulates sustainability policies, strategies, and measures for various departments, monitors the state of KPI achievement related to initiatives and the materiality defined in the SDGs, and regularly submits reports and makes recommendations to the Board of Directors.

Osaka Soda used the 1.5/2℃ and 4℃ scenarios to identify risks associated with the transition to a decarbonized society (transition risks) and risks associated with physical impacts of global warming (physical risks), respectively.

Under the 1.5/2℃ scenario, transition risks are assumed to be relatively higher than physical risks, while under the 4℃ scenario, physical risks such as reduced capacity utilization and unstable resource supply due to frequent disasters such as typhoons and floods are assumed to be relatively higher.

Given this, OSAKA SODA has identified the following risks and opportunities related to climate change that are important to us, and has formulated action policies for these.

At Osaka Soda, appropriate response to climate change is an important issue and is discussed in the relevant departments. These discussions are regularly reported to the Board of Directors.

Having selected CO2 emission as a climate change evaluation metric, we aim to reduce fiscal 2030 CO2 emissions 30% compared to fiscal 2013.

Fiscal 2022 greenhouse gas (GHG) emissions were 873 thousand t-CO2e (Scope 1+2, 472 thousand t-CO2e).