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Sourcenext Corporation Receives CDP 'B' Score for Climate Change Management

In a remarkable achievement, Sourcenext Corporation, headquartered in Chiyoda, Tokyo, has maintained its impressive 'B' score in the climate change sector for two consecutive years, according to the latest assessment by the Carbon Disclosure Project (CDP). This score signifies that Sourcenext is effectively recognizing and managing environmental risks as well as implementing strategic responses to climate issues. It places the company in the upper tier of an 8-point scale, illustrating its commitment to environmental sustainability.

Sourcenext's Environmental Strategy

Sourcenext Group is dedicated to the reduction of greenhouse gas emissions and aims to contribute to the realization of a sustainable society. The company has established clear goals towards achieving significant reductions in its carbon footprint. Key components of Sourcenext’s sustainability efforts include:

1. Aligning with TCFD Recommendations: Sourcenext has pledged its support for the recommendations set forth by the Task Force on Climate-related Financial Disclosures (TCFD). This alignment involves detailed analysis of the impact of climate change and an active commitment to risk management through transparent disclosures.

2. Strengthening Environmental Consideration in Supply Chains: The company is enhancing its focus on environmental priorities across its supply chain, collaborating with partner companies to further reduce greenhouse gas emissions effectively.

3. Long-term Sustainability Goals: The Sourcenext Group is committed to incorporating significant sustainability challenges into its mid-term and long-term business strategies, ensuring that both financial and non-financial aspects of management are aligned towards sustainable growth.

For more in-depth information on Sourcenext’s sustainability efforts, please visit their dedicated sustainability page: Sourcenext Sustainability.

Understanding CDP

The Carbon Disclosure Project (CDP) serves as an international non-profit organization that encourages companies and governments to manage and disclose their environmental impacts. Since its establishment in 2000, CDP has collaborated with institutional investors and financial bodies to evaluate and disclose corporate environmental practices. The scores provided by CDP have become essential indicators for ESG (Environmental, Social, and Governance) assessments, broadly utilized in investment and procurement decisions aimed at sustainable economic activities.

CDP's evaluation criteria, which are based on TCFD recommendations, assess corporate responses to three key areas: climate change, forests, and water security. Scores range across an 8-point scale from A to D-.

Earning a B rating indicates that a company is not only aware of its environmental risks and their impacts but is also taking actions towards management and developing and implementing strategic plans in response. This benchmark is indicative of Sourcenext's profound commitment to addressing the pressing issue of climate change and other environmental challenges.

For additional details regarding CDP, visit: CDP Official Website.

The path ahead for Sourcenext involves a vigilant approach towards enhancing business resilience and raising corporate value while identifying key challenges relevant to its operational context. By integrating these critical challenges into their mid-term management plans and long-term vision, Sourcenext aims to elevate the quality of its management while ensuring the sustainable growth of both the company and society.