Selected as one of the highest rated A List companies in CDP's climate change study

Tokyo – February 6, 2024 – NTT Corporation (NTT), today announced that NTT has been selected as a 2023 A List company for its leadership in transparency and performance in the area of climate change by CDP, a British non-profit organization that conducts international environmental research and disclosure. This is the second time since 2020 that we, NTT have been selected as an A List company.

CDP is a non-profit organization whose primary mission is to encourage corporations and municipalities to disclose information and take action on environmental issues such as climate change, water resource protection, and forest conservation at the request of institutional investors and major purchasing organizations worldwide that are highly concerned about environmental issues. In 2023, more than 24,000 organizations worldwide disclosed environmental information through CDP, which include more than 23,000 companies representing two-thirds of the world's market capitalization and more than 1,100 municipalities. CDP's environmental disclosure and assessment process is widely recognized as the gold standard in corporate environmental reporting.

In September 2021, NTT Group announced its environmental energy vision, "NTT Green Innovation toward 2040"¹, and has been promoting initiatives to achieve carbon neutrality by 2040. In addition, in the NTT Group's New Medium-Term Management Strategy "New Value Creation & Sustainability 2027 Powered by IOWN"² announced in May 2023, the Group declared its intention to expand the initiatives of "NTT Green Innovation toward 2040" to Scope 3.

Besides promoting renewable energy usage as part of its own efforts to promote green power, the NTT is also working to enhance its environmental energy initiatives and information disclosure by promoting IOWN research and development aimed at achieving extremely low power consumption, introducing an internal carbon pricing system, and utilizing green bonds.

For the list of A List companies in CDP2023, visit the link below.

https://www.cdp.net/en/companies/companies-scores

¹NTT Group's New Environment and Energy Vision "NTT Green Innovation toward 2040"
https://group.ntt/en/newsrelease/2021/09/28/210928a.html

²New Medium-Term Management Strategy
https://group.ntt/en/newsrelease/2023/05/12/230512h.html

About NTT

NTT contributes to a sustainable society through the power of innovation. We are a leading global technology company providing services to consumers and business as a mobile operator, infrastructure, networks, applications, and consulting provider. Our offerings include digital business consulting, managed application services, workplace and cloud solutions, data center and edge computing, all supported by our deep global industry expertise. We are over $97B in revenue and 330,000 employees, with $3.6B in annual R&D investments. Our operations span across 80+ countries and regions, allowing us to serve clients in over 190 of them. We serve over 75% of Fortune Global 100 companies, thousands of other enterprise and government clients and millions of consumers.