Tokyo Electron Joins the TNFD Forum

Tokyo Electron (TEL; Head Office: Minato-ku, Tokyo; President: Toshiki Kawai) announced that it concurs with the vision of the Taskforce on Nature-related Financial Disclosures(TNFD) ^*1 and has joined the TNFD Forum, a group of institutions that support the activities of the taskforce.
　
TNFD is an international initiative established in June 2021 to support the transition to a nature-positive ^*2 world, aiming to develop a risk management and disclosure framework for businesses with stakes in natural capital and biodiversity. The TNFD Forum was established in September 2021 as the taskforce’s support organization that provides expert insights and technical assistance to TNFD.

At TEL, we are assessing the impact on nature caused by our business activities and the risks of nature loss, and are working to disclose relevant information in an appropriate manner. We are also collaborating with our stakeholders to enhance natural capital and biodiversity through our entire value chain.

^*1 The Taskforce on Nature-related Financial Disclosures (TNFD) was launched in June 2021 with founding members including the United Nations Environment Programme Finance Initiative (UNEP FI), the United Nations Development Programme (UNDP), the World Wide Fund for Nature (WWF), and a British non-profit organization Global Canopy. With the aim of shifting global financial flows away from nature-negative outcomes and toward restoring biodiversity, the taskforce is developing a framework that drives businesses, institutions, and organizations to disclose risks and opportunities impacting natural capital and biodiversity.

To visit the TNFD website, click here.

To visit the TNFD Forum website, click here.

^*2 Being “nature positive” means putting nature on the path to recovery by stopping and reversing the loss of biodiversity.

To find out more about TEL’s environmental initiatives, click here.