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Renesas Endorses the Recommendations of Task Force on Climate-Related Financial Disclosures (TCFD)
April 15, 2021 GMT
TOKYO (BUSINESS WIRE) Apr 15, 2021
Renesas Electronics Corporation (TSE:6723), a premier supplier of advanced semiconductor solutions, today announced that it has signed up to support the Task Force on Climate-related Financial Disclosure (TCFD) and joined the Japan-based TCFD Consortium. By becoming active members of these climate-focused industry bodies, Renesas demonstrates its commitment to more transparent financial disclosures with special emphasis on managing risks and opportunities related to climate change.
Founded by the Financial Stability Board (FSB), the TCFD is an international organization that develops recommendations for more effective climate-related disclosures and provides guidance on addressing the financial impact of climate change for market parti