Chugai Pharmaceutical Co Ltd

The Board of Directors is responsible for the decision-making function regarding the most important management issues, including risks and opportunities related to climate change, and supervises business execution by receiving regular quarterly reports on business execution status and reports on important decisions made at the Executive Committee. [...] The Executive Committee makes important decisions regarding company-wide management strategies and business execution related to sustainability, including climate change, and all Executive Committee members are involved in and committed to executive responsibilities. The Sustainability Committee (held four times a year) and the Risk Management Committee (held four times a year), both of which are advisory bodies to the Executive Committee, are responsible for formulating strategies on more specific and specialized matters and for overseeing the promotion of these strategies. [...] Issues related to environmental conservation activities are thoroughly discussed by the Sustainability Committee, and important issues are then brought up to the Executive Committee for deliberation and reported to the Board of Directors. For environmental risk management, the Risk Management Committee identifies risks affecting the entire company, including environmental conservation activities, and formulates countermeasures, which are then submitted to the Executive Committee for deliberation and reported to the Board of Directors.

Describe the process(es) your organization has in place to ensure that your engagement activities are consistent with your overall climate change strategy[…]We conducted a benchmark survey of related companies concerning climate change response to an external consultant, and started to create mid-term environmental goals based on the results. The mid-term environmental goals we have created are approved by the Management Committee and we regularly report on the progress. The Greenhouse Gas Reduction Target set in the mid-Term Environmental goals 2030 has been certified by the Science Based Targets (SBT) as a level consistent with the Paris Agreement.

Does your organization have a public commitment or position statement to conduct your engagement activities in line with the goals of the Paris Agreement?[…]Yes

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?[…]We conducted a benchmark survey of related companies concerning climate change response to an external consultant, and started to create mid-term environmental goals based on the results. The mid-term environmental goals we have created are approved by the Management Committee and we regularly report on the progress. The Greenhouse Gas Reduction Target set in the mid-Term Environmental goals 2030 has been certified by the Science Based Targets (SBT) as a level consistent with the Paris Agreement.