CDP's Highest Climate Change Response Score Granted

14/12/2022

Initiatives such as target setting, action and transparency in climate change operations highly rated

KDDI Corporation

December 14,2022

-- On December 13, 2022, KDDI received its first climate change A List certification, the highest score possible for advanced environment companies, from international environmental not-for-profit charity CDP [

1]. KDDI was recognized as a global leader for environmental activities, with its initiatives such as target setting, action and transparency in climate change operations being rated.

Established in 2000, CDP is an international non-profit organization whose operations in Japan started in 2005. At the request of institutional investors and others around the world who are highly concerned about environmental issues, CDP urges companies and municipalities to promote environmental initiatives that address such issues as climate change, water resource protection and forest conservation, and to disclose information about these initiatives. It then collects, analyzes and evaluates information on the environmental activities of the worlds major corporations and annually certifies the best companies in terms of climate change initiatives and information disclosure as climate change A List companies. In FY2022, CDP evaluated approximately 18,700 companies, certifying 283 companies (of which 74 were Japanese companies) as A List companies [

2].

KDDIs climate change initiatives KDDI aims to achieve carbon neutrality [

3] by FY2030, working on effectively zero CO2 emissions by shifting to energy-saving stations and utilizing renewable energy. To raise environmental awareness, KDDI also organizes opportunities to raise internal awareness through training on how its own business operations impact the environment to promote employees understanding. It also talks to internal and external stakeholders in an effort to solve environmental issues. As a global company, KDDI will work on steadily reducing environmental impact in all its business operations.

KDDIs environmental initiatives (in Japanese only)

Going forward, KDDI will continue contributing to solving global climate change issues through its carbon neutrality initiatives.

Please refer to the attached sheet for more details.

KDDIs sustainability management KDDI promotes sustainability management that brings sustainable growth by incorporating into management strategies a long-term perspective and a social-value perspective, setting six materialities in its Mid-Term Management Strategy (FY2022-2024) to comprehensively cover social issues and the level of importance for KDDI group management from a long-term perspective. Materiality 03 is Carbon neutral and Values we embrace (5), the fifth of the eight values we believe we must provide to society, is also Carbon neutral. Furthermore, we have also set mid-term sustainability targets toward achieving these values. These targets include making over 60% of corporate contracts renewable energy plans and offering next-generation renewable energy solutions by the end of March 2025.

KDDI TOBIRA (means door): KDDI Integrated Sustainability and Financial Report 2022

Carbon neutral: the value we embrace (5) Carbon neutral (in Japanese only)

About CDP CDP is a global non-profit that runs the worlds environmental disclosure system for companies, cities, states and regions. Founded in 2000 and working with more than 680 financial institutions with over $130 trillion in assets, CDP pioneered using capital markets and corporate procurement to motivate companies to disclose their environmental impacts, and to reduce greenhouse gas emissions, safeguard water resources and protect forests. Nearly 20,000 organizations around the world disclosed data through CDP in 2022, including more than 18,700 companies worth half of global market capitalization, and over 1,100 cities, states and regions. Fully TCFD aligned, CDP holds the largest environmental database in the world, and CDP scores are widely used to drive investment and procurement decisions towards a zero carbon, sustainable and resilient economy. CDP is a founding member of the Science Based Targets initiative, We Mean Business Coalition, The Investor Agenda and the Net Zero Asset Managers initiative. Visit cdp.net or follow us @CDP to find out more.

CDPs environmental information disclosure and evaluation process CDPs environmental information disclosure and evaluation process are widely recognized as the gold standard in corporate environmental reporting. CDP owns the most informative and comprehensive data set on corporate activities, and its own disclosure process and methodology have earned trust on high levels. In 2022, over 680 institutional investors with assets worth over 130 trillion U.S. dollars and 280 major procurement companies that spend 6.4 trillion U.S. dollars on procurement requested data disclosure on environmental impact, risks and opportunities through the CDP platform, resulting in approximately 18,700 corporations responding, which was the highest ever.

CDP evaluates these corporations with a detailed and independent methodology, giving them a score of A to D-, based on verification of best practices regarding environmental leadership, such as comprehensiveness of their information disclosure, their awareness and management of environmental risks, and ambitious and meaningful target setting. Corporations not disclosing information or not providing sufficient information are given a score of F.

[1]

CDP website

[2]

List of climate change A List companies

[3]

Targets non-consolidated KDDI Scope 1 (direct emissions) and Scope 2 (indirect emissions)

April 7, 2022 news release

KDDI accelerates schedule to achieving net-zero CO2 emissions New target year: FY2030

Net-zero CO2 emissions from Data Centers by FY2026

LINK:	https://news.kddi.com/kddi/corporate/english/newsrelease/2022/12/14/64...
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