TRE : Endorsement of the TCFD Recommendations and Enhancement of the Structure for Climate Change Initiatives

	June 15, 2022
Company name:	TRE HOLDINGS CORPORATION
Representative:	Mitsuo Abe, President and COO
	(Code: 9247; Prime Market of Tokyo Stock
	Exchange)
Contact:	Takeshi Uekawa, Executive Officer and
	Head of Corporate Planning Division
	(TEL: [phone])

Endorsement of the TCFD Recommendations

and Enhancement of the Structure for Climate Change Initiatives

We have resolved to endorse the Task Force on Climate-related Financial Disclosures (TCFD) recommendations based on our corporate philosophy to contribute to the global environment conservation as a comprehensive environment management enterprise. At the same time, we have also resolved to participate in the TCFD Consortium* which serves as a forum for discussions by companies and financial institutions that have endorsed the recommendations. Moreover, we hereby inform you that we have newly established the CSR and Sustainability Promotion Committee to carry out concrete initiatives on management issues for climate change.

1. What Is the TCFD?

The Financial Stability Board (FSB) established the TCFD in 2015 in response to a request from the G20. The TCFD assesses the financial impact of risks and opportunities from climate change on management. It encourages companies to make disclosures about governance, strategies, risk management, indicators and targets.

2. Aim of Endorsing the TCFD Recommendations and Participating in the TCFD Consortium

Our group regards the impact of climate change on business as an important management issue. Accordingly, we have stated our aim to realize a highly recycling-oriented society and a carbon-free society in our mid-term management plan. Under that aim, we are working on various issues. We recognize that climate change is a mid- to long-term risk and opportunity for the business of our group. Recognizing that, we are considering measures to tackle climate change. Together with that, we have now announced our endorsement of the TCFD recommendations and will participate in the TCFD Consortium to enhance appropriate information disclosures to our stakeholders.

3. Establishment of the CSR and Sustainability Promotion Committee, Etc.

Chaired by the President and COO, this committee will formulate a policy for our group's response to management issues concerning climate change and other areas of sustainability. It will then report on progress to the Board of Directors. In addition, we have set up the CSR and Sustainability Promotion Department as a secretariat of the committee. The department will identify materialities (important issues) to contribute to the promotion of sustainability management and the achievement of the SDGs, verify mid- to long-term risks and opportunities, develop data that includes non-financial indicators, and create integrated reports in line with the TCFD recommendations.

*TCFD Consortium:

The TCFD Consortium was established in 2019 as a forum to discuss effective information disclosures of companies and initiatives which will connect disclosed information to appropriate investment decisions by financial institutions, etc. Companies and financial institutions which endorse the TCFD recommendations participate in the consortium.