25 May 2022ISF publishes Statement of Support for Task Force on Climate-Related Financial Disclosures (TCFD)
ISF has declared support for the recommendations of the Task Force on Climate-Related Financial Disclosures (TCFD) with an official statement.
The TCFD focuses on understanding the financial implications associated with transitioning to a lower-carbon economy and climate-related physical risks. It is a reporting framework that is widely adoptable and applicable to organisations across various sectors. TCFD’s recommended disclosures are structured around four interrelated thematic areas: governance, strategy, risk management, and metrics and targets which can help predict the potential risks and opportunities from climate change on ISF’s business operations.
ISF has declared support for the TCFD with an official statement, which also aligns with The Nisshin OilliO Group Ltd. – our parent company’s declaration on supporting the TCFD and continuing our commitment to providing important disclosure of information in our Sustainability Reports and website. With the help of our consultant, we also aim to begin disclosing our Scope 3 emissions to add to the Scope 1 and Scope 2 emissions we have been reporting since publishing our Sustainability Reports.Read ISF’s official Statement of Support for the TCFD here.