Participation in Initiatives, and Major ESG Evaluations

United Nations Global Compact

The Toho Gas Group is a signatory to and participant in the UN Global Compact advocated by the United Nations.
The UN Global Compact is a voluntary initiative through which companies and organizations, by demonstrating responsible and creative leadership, act as good members of society and participate in the creation of a global framework for achieving sustainable growth.
The Toho Gas Group supports the Ten Principles of the United Nations Global Compact in the four areas of human rights, labor, the environment, and anti-corruption, and will promote resolution of social issues through business activities, together with contributing to achieving SDGs.
United Nations Global Compact

Ten Principles of the United Nations Global Compact

Human Rights <Principle 1> Businesses should support and respect the protection of internationally proclaimed human rights; and
<Principle 2> make sure that they are not complicit in human rights abuses.
Labour <Principle 3> Businesses should uphold the freedom of association and the effective recognition of the right to collective bargaining;
<Principle 4> the elimination of all forms of forced and compulsory Labour;
<Principle 5> the effective abolition of child Labour; and
<Principle 6> the elimination of discrimination in respect of employment and occupation.
Environment <Principle 7> Businesses are asked to support a precautionary approach to environmental challenges;
<Principle 8> undertake initiatives to promote greater environmental responsibility; and
<Principle 9> encourage the development and diffusion of environmentally friendly technologies.
Anti-Corruption <Principle 10> Businesses should work against corruption in all its forms, including extortion and bribery.

Task Force on Climate-related Financial Disclosures (TCFD)

The Toho Gas Group announced endorsement in April 2020 of the Task Force on Climate-related Financial Disclosures (TCFD) to promote analysis of the risks and opportunities that climate change brings to business as well as disclosure of the information this yields. Together with this, we also became a member of the TCFD Consortium, which was established to serve as a forum for discussion by corporations, financial institutions, and other entities endorsing this initiative.

Participation in Keidanren's "Challenge Zero"

The Toho Gas Group is taking part in Keidanren's Challenge Zero* project, and is promoting technical development oriented to future decarbonization.
For detailed information, please visit the Challenge Zero website (https://www.challenge-zero.jp/en/member/119).

* Challenge Zero initiative by the Japan Business Federation (Keidanren), announced December 9, 2019
This initiative encourages innovation and serves as a sourcepoint for the economic sphere to take up the challenges of investment and financing aiming to proactively publicize, support, and implement actions to create net-zero-carbon technology (including transitional technology) and innovation taken by companies and organizations toward a decarbonized society.

[Challenge 1]
Construction and operation of hydrogen stations and development of hydrogen usage technology for the sake of building hydrogen supply chains

Together with moving forward on the construction and operation of hydrogen stations for the sake of decarbonization in the mobility field, we are anticipating the building of hydrogen supply chains and working on the development of hydrogen combustion technology in industrial fields. We will contribute to the attainment of net zero carbon in multiple fields through the use of hydrogen.

[Challenge 2]
Establishment of both advanced energy management and enhanced resilience for the sake of spreading renewable energy and distributed power sources

Through feasibility evaluation of virtual power plants (VPP), we are working on developing technology for electricity supply and demand coordination and are moving forward toward practical viability. In this way, we will contribute to expanding the amount of renewable energy installed. Also, through actual operation of smart energy systems composed of distributed power supply and heating equipment, we are accumulating energy management know-how that contributes to extremely minimizing CO2 emissions and enhancing resilience. We will also investigate and research CO2 capture and utilization (CCU) technology and combine the technology with the smart energy systems in order to contribute to the attainment of net zero carbon.

[Challenge 3]
Development of high-density heat storage technology that contributes to the effective use of heat energy

With the objective of working for the effective utilization of unused heat in a wide variety of applications, we are working on developing performance improvements for high-density heat storage materials as well as expanding the range of usage temperatures for heat storage materials and opening up applications for them. In this way, we will promote the utilization of unused heat in a wide variety of fields and contribute to further energy conservation.

Keidanren Plan for Realizing a Low Carbon Society

The Japan Business Federation (Keidanren) has announced, as its shared vision, the "resolve as members of the Japanese business community to harness our technological prowess and assume an instrumental role in the drive to halve global GHG emissions by the year 2020," and formulated its Commitment to a Low Carbon Society in 2013 (with revisions in 2017).
The Japan Gas Association, which is participating in this commitment, formulated the Plan for Realizing a Low Carbon Society for the city gas business, which includes targets for 2020 and 2030.
As a member of the Japan Gas Association, Toho Gas is pressing ahead with a variety of endeavors as measures to reduce emissions of greenhouse gases and reaching targets in the city gas industry.

For more information about the Keidanren Commitment to a Low Carbon Society, check here.
https://www.keidanren.or.jp/policy/vape.html

Keidanren Declaration of Biodiversity and Action Policy

Toho Gas endorsed the Keidanren Declaration of Biodiversity and Action Policy in July 2020. The company's endeavors are congruent with this declaration and action policy, and we will continue to devote effort accordingly.

Keidanren Committee on Nature Conservation

The Toho Gas Group has been a member of the Keidanren Committee on Nature Conservation since FY2014.
Through the committee, we are providing aid for nature conservation activities by environmental NGOs in Indonesia and elsewhere around the world.

Keidanren Committee on Nature Conservation

Major ESG Evaluations

MSCI Japan ESG Select Leaders Index Toho Gas continues to be a selected constituent since 2017.
MSCI Japan Empowering Women Index (Select) Toho Gas continues to be a selected constituent since 2017.
SOMPO Sustainability Index Toho Gas continues to be a selected constituent since 2012.
S&P/JPX Carbon Efficient Index Toho Gas continues to be a selected constituent since 2018.
CDP Climate Change 2019 Toho Gas received an A‒ rank evaluation.
Nikkei SDGs Management Survey Toho Gas received an overall evaluation of 3.5 starts (deviation value of 58.8).

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