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- Environment
- Social
- Corporate Governance
- ESG Library
Carbon Neutrality Strategy
Governance
The TEPCO Group recognizes ESG initiatives, including the risks and opportunities of climate change, as key management issues. The Board of Directors appoints an ESG Officer responsible for these matters. The ESG Officer reports quarterly to the Board of Directors on business execution. The Board of Directors oversees climate-related risks and opportunities by reviewing progress on strategies, action plans, and performance targets.
In addition, the ESG Committee, chaired by the President, regularly deliberates on climate-related matters and collaborates with the Future Management Committee and the Risk Management Committee. Key themes are actively debated at the Board of Directors and related committees.
Since FY2023, achievement of CO2 reduction targets has been included as a KPI for performance-linked compensation for all executive officers.
Governance Framework
Performance-Linked Compensation Indicators
| Company Performance | Achievement Level (0–300%), Applied to Base Amount | |
|---|---|---|
| Financial |
Consolidated Ordinary Profit (before deduction of special contributions under the Nuclear Damage Compensation and Decommissioning Facilitation Corporation Act) |
|
| Non-Financial | CO₂ Emissions Reduction | |
| Individual Performance | Achievement Level (0–300%) or Committee Evaluation Ratio, Applied to Base Amount | |
| Define KPIs and Other Metrics for Each Department | ||
