Oct. 27, 2017

DIC Achieves Leadership Level Score of A- in the CDP’s Climate Change Assessment Program

Tokyo, Japan– DIC today announced that it has been recognized by the CDP (formerly the Carbon Disclosure Project), a global nonprofit organization, for reaching the leadership level in the CDP’s climate change assessment program in 2017, earning overall score of A-, for the second consecutive year. DIC received particularly high marks for its efforts to reduce greenhouse gas emissions attributable to its production activities and for its disclosure.

The CDP was established in 2000 in the United Kingdom. Since 2003, the organization has worked on behalf of global institutional investors to collect and analyze information on corporate initiatives to combat global warming, including efforts to reduce greenhouse gas emissions, and to publish its findings worldwide. Currently backed by more than 800 institutional investors, representing assets of $100 trillion, the CDP seeks to motivate companies to disclose information on efforts to address climate change and its assessment program is acknowledged as among the most globally influential.

In 2017, 6,200 global companies, including 500 headquartered Japan, participated in the CDP’s climate change assessment program in 2017 by completing questionnaires regarding their climate change initiatives. A total of 73 Japanese companies reached the leadership level, with 13 earning a score of A and 60 a score of A-. The highest result among Japanese materials manufacturers was A-, which was secured by six companies. Cognizant of an increased awareness of risks to global water resources, in 2017 DIC also began participating in CDP’s water program, which evaluates companies’ efforts to manage such resources. 

DIC’s environmental, social and governance (ESG) efforts continue to earn consistently high marks from a wide variety of assessment organizations. In September 2017, the Company was selected for inclusion in the Dow Jones Sustainability Indices (DJSI) Asia Pacific Index for the third consecutive year. A leading global manufacturer of fine chemicals, DIC is committed to strengthening its sustainability initiatives and providing, in the words of its management vision, “Color & Comfort by Chemistry.” As such, the Company will continue working to contribute to environmental protection and the creation of a society that ensures safety and peace of mind for people everywhere, as well as to deliver the value that its stakeholders—including its customers, suppliers, local communities, shareholders and investors, and employees—expect.

 

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