Task Force on Climate-Related Financial Disclosures (TCFD)

JCR is working to align with the recommendations of TCFD, with the goal of limiting global warming to below 1.5°C. In line with this objective, we are advancing discussions to set medium- to long-term greenhouse gas (GHG) reduction targets based on global initiatives and our own business strategy.
In FY2024, Scope 3 emissions made up about 80% of our total GHG emissions, with Category 1 (purchased goods and services) accounting for roughly half. We aim to reduce these emissions as a priority by working closely with our suppliers.

Governance

We are strengthening our governance framework around climate action. Key policies and initiatives are discussed by the Sustainability Committee, with input from the Sustainability Advisory Committee before being approved by the Board of Directors.

Strategy

We are assessing the material impacts of climate-related physical and transition risks, as well as potential opportunities, on our business, strategy, and financial performance over the short, medium, and long term. Based on this analysis, we aim to identify those with the most significant implications for management.

Risk Management

We are developing processes to identify, assess, and manage climate-related risks, and plan to disclose these measures as they are integrated into our company-wide risk framework

Metrics and Targets

We are currently evaluating appropriate indicators to assess climate-related impacts. GHG emissions are calculated in accordance with the international GHG Protocol, with performance disclosed for Scope 1, 2, and selected categories of Scope 3.

FY2024 GHG Emissions by Scope

Scope1

Direct greenhouse gas emissions from an organization itself ( fuel combustion, operational processes )

Scope2

Indirect emissions associated with use of electricity; heat or steam supplied by another company

Scope3

Indirect emissions other than those from Soope 1 and Scope 2 ( emissions from other companies associated with business activities )