Disclosure of environmental issues (In response to the TCFD recommendations)

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Based on our Zero Carbon and Circular Living environmental vision, we aim to reduce CO2 emissions to net zero by 2050 by reducing environmental burden of our operations, and providing environmentally sound products and services. We are committed to the reduction of CO2 emissions, that are not limited to direct reduction of CO2 emissions from LIXIL's business. We also promote initiatives to contribute to the transition to a low-carbon society. Furthermore, we intend to support climate change adaptation by providing solutions, such as for dealing with natural disasters or for preventing indoor heatstroke.

In March 2019, LIXIL announced our endorsement of the Task Force on Climate-related Financial Disclosures (TCFD) as a part of its initiatives. Based on the TCFD recommendations, LIXIL is working to identify and assess the risks and opportunities posed by climate change, and reflecting them in our environmental strategy after reporting to and approval by the Board of Executive Officers and Board of Directors.

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