AGC Inc

Moreover, we have established the Sustainability Committee, which is chaired by the CEO, as a body to deliberate on and determine basic policies and measures regarding such initiatives. The Sustainability Committee's meetings are attended by CEO, CFO, CTO, auditors and all the heads of business divisions and corporate divisions, and are held four times a year, the details of which are reported to the Board of Directors twice a year. [...] Based on this process, we have established sustainability targets aimed at leveraging opportunities and dealing with risks. As a decision-making body on initiatives related to sustainability, we have established the Sustainability Committee, which is chaired by the president & CEO and membered by the CTO, CFO, and the general managers of each division. Under the supervision of the Board of Directors, the committee also determines policies for dealing with major risks and deliberates future measures based on the level of progress of targets.

Moreover, we have established the Sustainability Committee, which is chaired by the CEO, as a body to deliberate on and determine basic policies and measures regarding such initiatives. The Sustainability Committee's meetings are attended by CEO, CFO, CTO, and all business division heads and are held four times a year, the details of which are reported to the Board of Directors twice a year. [...] Chaired by the CEO and comprising the CTO, CFO, and the general managers from each division as members, the Sustainability Committee is a decision-making organization for sustainability initiatives that meets four times a year. The Sustainability Committee is positioned on an equal footing wtih the Management Committee, and under the supervision of the Board, it is responsible for deciding and monitoring the execution of sustainability-related matters, including climate actions. The Sustainability Committee deliberates on policies to address climate change based on the identified opportunities and risks arising from climate change for the entire AGC Group, the results of monitoring greenhouse gas emissions, and related issues. [...] Based on the decisions made by the Sustainability Committee, the CFO and CTO are responsible for executing climate actions in accordance with their duties. The Strategy Meeting for Climate Change, which is led by the general manager of the Sustainability Division in the Corporate Planning General Division, deliberates in a timely fashion our actions to risks and evaluates strategies in light of changes inside and outside the Company that result from climate change. The AGC Group Greenhouse Gas Emissions Reduction Framework Committee, which is led by the general manager of the EHSQ General Division, works closely with specialist entities in the organization on data management, technological innovation, energy management, and supply chain management with the aim of reducing greenhouse gas emissions around the world and across the entire business.

Describe the process(es) your organization has in place to ensure that your external engagement activities are consistent with your climate commitments and/or climate transition plan?[…]With the increase in the number of natural disasters caused by climate change, addressing climate change has become a major social issue that companies need to tackle. The AGC Group is no exception, and in 2021 it has committed itself to achieving our own CARBON NET ZERO by 2050. In addition, there is a growing need to reduce the environmental impact of our products throughout their life cycles, and we are working to make effective use of the planet's limited resources. We intend to achieve this goal and solve this problem by implementing initiatives at all phases of the value chain, and to this end, collaboration with external parties that may directly or indirectly influence policies, laws, and regulations that may affect the climate is very important. We consider it Licence to Operate to participate in and support external organizations that demonstrate a positive attitude toward climate change, and we have expressed our support for the TCFD, participated in the Japan Climate Initiative, and our emission reduction target obtained approval from SBT Initiative.