Transition Scenarios According to the International Energy Agency (IEA)Transition risksStated Policies Scenario (STEPS)*1Climate change forecast scenarios according to the UN Intergovernmental Panel on Climate Change (IPCC)Physical risksRCP8.5*2*1 Source: World Energy Outlook 2021, IEA*2 Source: “Fifth Assessment Report,” IPCCPlease visit this website to learn about the major risks and opportunities, and our response measures. https://www.lintec-global.com/csr/tcfd/Sustainable Development Scenario (SDS)*1RCP2.6*2The Environmental Committee collects, identifies, and evalu-by 2030 compared with fiscal 2013 level54Reference scenariosThe LINTEC Group recognizes that climate change affects its business activities in a variety of ways and considers it one of the Group’s most important management issues. We aim to contribute to sustainable growth and the realization of a sustainable society by strengthening our risk management system and responding to each risk, as well as discovering new business opportunities. We proactively disclose information on our response to climate change in line with the recommendations of the Task Force on Climate-related Financial Disclosures (TCFD) and strive to further enhance our corporate value through engagement with our stakeholders.Environment4°C scenario2°C scenarioTarget Reducing CO2 emissions by 50% or more GovernanceThe Sustainability Committee (which meets four times a year, in principle) discusses response policies and action plans, as well as oversees the progress of specific measures related to sustain-ability, including measures to manage climate change-related issues. Chaired by the president, members of this committee include all directors, as well as officers in charge of promotion on subordinate committees. The results of this committee’s discussions are reported to the Board of Directors. Issues related to climate change are first evaluated by the Environmental Committee via the TCFD Subcommittee before being finally evaluated by the Sustainability Committee. Individual bases enact and manage response measures. The Environmental Committee summarizes the status of these responses, which are reported to all directors and officers in charge of their promotion by the Sustainability Committee.StrategyThe LINTEC Group considers the various risks and opportunities associated with climate change as an important part of its busi-ness strategy formulation. Accordingly, we have established the following two scenarios and are conducting a scenario analysis for domestic operations through 2030. Having thus identified risks and opportunities, our long-term vision, LSV 2030, reflects meas-ures to deal with risks and capitalize on opportunities related to these climate changes. We will continue to analyze these risks and opportunities from a longer-term perspective, including with respect to our overseas operations.Risk Management In April 2018, the LINTEC Group established the Corporate Risk Management Committee to reinforce its risk management system. This committee, which meets regularly, comprises the executive general managers of each division and general managers of each organization that report directly to the president. In April 2021, we revamped and strengthened our structure for promoting sustaina-bility activities. We redefined the committee’s purpose as “ascer-taining business risks and opportunities, formulating policies to address them, and incorporating them into the organization and verifying them.” The committee evaluates and analyzes individual risks, including natural disasters, based mainly on the issues recognized by committee members and the results of risks identi-fied annually by managers and others. Results are reported on a quarterly basis to the Sustainability Committee and the Board of Directors for instructions on actions to be taken. ates information about climate-related risks and reports its results to the Sustainability Committee. This committee considers the need for responses, and then instructs the officers in charge of promotion as appropriate, via subordinate committees and subcommittees. The officers then implement the measures in their respective departments. The Environmental Committee continuously monitors subsequent changes in the situation and periodically ascertains whether the indicators and targets origi-nally set are being met. Going forward, the LINTEC Group will work to link these activi-ties to sustainable growth. To do so, we will foster cooperation among the individual committees to enhance risk management capabilities and continue working to improve our risk manage-ment system.Indicators and TargetsThe LINTEC Group recognizes the importance of reducing green-house gas emissions as a response to climate change and is promoting various measures on the R&D, manufacturing, sales, and distribution fronts. In addition to being our mission as a man-ufacturer, we believe these efforts toward decarbonization will also help us embrace new climate-related opportunities. The LINTEC Group has set the following targets in LSV 2030, its long-term vision for 2030.Information Disclosure Based on TCFD
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