Participation in Initiatives
United Nations Global Compact
In January 2017, Foster Group signed and joined the United NationsGlobal Compact (UNGC), the world’s largest corporate sustainabilityinitiative.As a company that operates globally, we support the 10 principles of the UNGC of “Human Rights,” “Labour,” “Environment” and “Anti-Corruption” and conduct activities for compliance, decent work,care for the environment, and sustainability procurement, etc.
The Task Force on Climate-related Financial Disclosures (TCFD) Recommendations
Recognizing the importance of topics related to the environment and climate change, we declared our support for the recommendations of the Task Force on Climate-related Financial Disclosures (TCFD*) in February 2022. At the same time, we joined the TCFD Consortium, where member companies, financial institutions, and other entities discuss effective information disclosure and appropriate initiatives following the TCFD recommendations.
- *Task Force on Climate-related Financial Disclosures: This task force was established in 2015 by the Financial Stability Board (FSB), which comprises central banks, financial authorities, and international organizations from all over the world. It is aimed at considering how to estimate the impact of climate change on business management and how to disclose such information. It recommends that companies and other entities disclose information about climate change-related risks and opportunities.
Green Value Chain platform
As a corporate member, we participate in a network for promoting Green Value Chains Open new window(available in Japanese) as part of the Ministry of the Environment’s Green Value Chain Platform.
Japan Climate Initiative (JCI)
In 2020, we joined the Japan Climate Initiative (JCI) Open new window (available in Japanese) by agreeing to its declaration of “Joining the front line of the global push for decarbonization from Japan”.
Environmental Digital Platform
In March 2023, we joined the Environmental Digital PlatformOpen new window(available in Japanese) operated by Konica Minolta, Inc.