Selected as one of the highest rated A List companies for two consecutive years 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 2nd consecutive year, 3rd time, 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 2024, more than 24,800 companies representing 66% of the world's market capitalization disclosed environmental information through CDP. 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.

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