Relevant GRI Standards: 102-16/103-2
When identifying NTT Group's CSR Priority Activities, we carried out a detailed materiality analysis of environmental issues. Consequently, climate change and ecosystems have been identified as important environmental issues in society. Climate change, energy (electricity) and resources have been identified as important environmental issues to NTT Group's business activities. We are contributing to solving important environmental issues in society through all our activities, such as by providing ICT services and developing groundbreaking technologies and activities undertaken by our employees. Based on this perspective, we have identified using ICT to contribute to the environment, reducing the environmental impact of business operations, and effectively using resources as NTT Group's CSR Priority Activities.
We will work to reduce our own environmental impact with regard to the environmental issues of significant importance to NTT Group's business activities.
The NTT Group established the NTT Group Global Environmental Charter under the NTT Group CSR Charter, which lays out the basic policy of our CSR activities. The NTT Group Global Environmental Charter expresses the basic principles and policies on protecting the global environment.
We based "The NTT Group Environmental Statement" and "The Eco Strategy 2030" upon the foundations of these basic principles and policies.
To ensure the harmonious co-existence of people with nature and to achieve sustainable growth, we will do our utmost to protect the global environment in all our corporate activities.
The NTT Group has formulated The NTT Group Environmental Statement to serve as a framework for our environmental activities. In the statement, we have expressed the future of our planet that stakeholders and the NTT Group are creating and the kind of enterprise we would like to be in that future.
In the future of "People & Planet in Harmony," a sustainable society has been realized and everything in the world is connected and communicating. To realize that future, the NTT Group will engage in environmental activities with the aim of becoming a member of eco-friendly corporations in the world.
We envision three futures in which people are living in harmony with the planet. While focused on realizing those futures, we will continue to develop our core competencies: developing and providing the most advanced ICT services and technologies.
*Adaptation: A response to the effects of climate change defined as "an action that moderates harm or exploits beneficial opportunities" according to the Intergovernmental Panel on Climate Change. Adaptation is positioned as an action that complements the effects of mitigation, such as reducing CO2 emissions.
We formulated the Environment and Energy Vision in May 2020 to promote ESG management, one of the pillars of our medium-term management strategy, "Your Value Partner 2025." The vision consists of four core initiatives: promoting renewable energy, reducing environmental impact on society through ICT technologies, developing innovative environment and energy technologies, and realizing extremely low power consumption. We will help reduce environmental impact for customers, companies, and society at large by pursuing business activities toward reducing that impact through our R&D for generating breakthrough innovations.
Under the vision, we are also working to achieve our goal of zero environmental impact, not only in terms of reducing waste but also with regard to climate change, by incorporating the circular economy concept toward realizing a society that can enable sustainability of both business and the environment.
*1Science Based Targets: Greenhouse gas reduction targets set by companies to be attained in five to fifteen years that are consistent with levels required by the Paris Agreement, of constraining the increase in global temperatures at well below 2℃ (WB2℃) or below 1.5℃ from before the industrial revolution.
*2Task Force on Climate-related Financial Disclosures established by the Financial Stability Board in response to a request from the G20 countries as a framework for corporate information disclosure on climate change initiatives.
As a result of our materiality analysis, we have identified the NTT Group's key environmental issues to be climate change, energy (electricity), resources, and ecosystems. Related to these important issues, we have set "The Eco Strategy 2030" as the targets of the environmental activities of fiscal 2030.
*Zero emissions: The NTT Group considers a final disposal rate of 1% or less to satisfy zero emissions conditions.
We declared our support for the TCFD in May 2020 as part of our effort to promote ESG management, one of the pillars of our medium-term management strategy. We will be disclosing information related to climate change according to the TCFD recommendations.
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|Outline of TCFD Recommendations||Location of Information in the data book|
|Governance: Disclose the organization's governance around climate-related risks and opportunities|
|a||Board-level oversight of climate-related risks and opportunities||pages 010, 035, 041, 105|
|b||Role of senior executives in assessing and managing climate-related risks and opportunities||pages 035, 041|
|Strategy: Disclose the actual and potential impacts of climate-related risks and opportunities on the organization's businesses, strategy, and financial planning where such information is financially material|
|a||Short-, medium-, and long-term climate-related risks and opportunities identified by the organization||pages 031, 041−044|
|b||Impact of climate-related risks and opportunities on the organization's operations, strategies, and financial plans||pages 031, 041−044|
|c||Resilience of the organization's strategy, taking into consideration different climate-related scenarios, including a 2℃ or lower scenario||pages 031, 041−044|
|Risk Management: Disclose how the organization identifies, assesses, and manages climate-related risks|
|a||Process adopted by the organization to identify and assess climate-related risks||pages 035, 039, 041|
|b||Process adopted by the organization to manage climate-related risks||pages 035, 039, 041|
|c||How the process for identifying, assessing and managing climate-related risks is integrated into the organization's overall risk management||pages 041, 103|
|Metrics and Targets: Disclose the metrics and targets used to assess and manage relevant climate-related risks and opportunities where such information is material|
|a||Metrics used by the organization for assessing climate-related risks and opportunities in line with the organization's own strategy and risk management process||pages 030, 034|
|b||Scope 1, Scope 2, and, if appropriate, Scope 3 greenhouse gas (GHG) emissions, and the related risks||pages 040−041, 049−050|
|c||Targets used by the organization to manage climate-related risks and opportunities, and performance against targets||pages 030, 034, 040|
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