Response to the TCFD recommendations

Regarding expected long-term climate change, we defined and analyzed three scenarios (sustainability progress, standard, and stagnation scenarios) with reference to the IPCC*. As a result, it became clear that climate change has the potential to have a major impact on the Itoki Group's business in the short, medium, and long term, including policy and regulatory risks. In addition to the increased frequency and severity of abnormal weather events that have already become apparent, other factors include the introduction of a carbon tax, increased procurement costs, and shrinkage of existing markets.
The ITOKI Group regards climate change as an important management issue, and will reevaluate its role as a manufacturing company and consider future business strategies. In addition, we have set the priority themes of ``contributing to a carbon-neutral society'' and ``protecting the natural environment and promoting resource circulation'' as materiality (important issues), and have established medium- to long-term CO₂ emissions targets. In addition to promoting work styles that reduce CO2 emissions by promoting and supporting customers' work style reforms, we are also working to achieve this within our company by introducing renewable energy and developing and designing environmentally friendly products. I'll go.
By regularly monitoring the activities and steadily implementing the PDCA cycle, we will make progress toward achieving our goals.

In response to climate change, the ITOKI Group has established the following medium- to long-term CO₂ emissions targets and is working to incorporate them into concrete reduction plans.
Furthermore, as much of the Itoki Group's CO2 emissions come from Scope 3 Category 1 "Purchased products and services," we will continue to refine our aggregation and build further collaborative systems with our suppliers to reduce CO2 emissions. We will continue our efforts.