Reports
TCFD Report

Since the Paris Agreement, global efforts to address climate change have accelerated. We recognize that the megatrends known as the “5 Ds,” including decarbonization, are significantly reshaping the TEPCO Group’s business landscape.
To ensure sustainable growth amid these megatrends, the TEPCO Group is committed to optimizing its business portfolio under strong governance, guided by scenario-based evaluations of climate-related risks and opportunities.
In April 2019, TEPCO Holdings became the first energy company in Japan to endorse the recommendations of the Task Force on Climate-related Financial Disclosures (TCFD) and to conduct scenario analyses.
Building on these analyses, the TEPCO Group has set a target to reduce CO₂ emissions from electricity sales by 50% by FY2030, compared to FY2013 levels.
In November 2023, the TEPCO Group published the “TEPCO TCFD REPORT TRANSITION PLAN,” a comprehensive document detailing its climate-related strategies and transition roadmap. This report serves as a key instrument for enhancing engagement with stakeholders concerned about climate change, while advancing corporate value creation and contributing to broader social benefits.

TCFD Report

TEPCO TCFD REPORT 2023 TRANSITION PLAN (Published November 30, 2023)	PDF version (4.93MB)

Historical Scenario Analyses

• Scenario Analysis Based on TCFD Recommendations – 2022 (Japanese)(PDF: 20.4MB)
• Scenario Analysis Based on TCFD Recommendations – 2021(PDF: 5.39MB)
• Scenario Analysis Based on TCFD Recommendations – 2020(PDF: 521KB)
• Scenario Analysis Based on TCFD Recommendations – 2019(PDF: 18.4MB)

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  TCFD: Task Force on Climate-related Financial Disclosures
  A task force established by the Financial Stability Board (FSB) to promote climate-related financial disclosures by companies, enabling investors and other stakeholders to make informed decisions. The TCFD recommendations, published in June 2017, outline four key disclosure areas: (1) Governance of climate-related risks and opportunities, (2) Actual and potential impacts on business, strategy, and financial planning, including scenario analysis, (3) Processes for identifying, assessing, and managing climate-related risks and, (4) Metrics and targets used to evaluate and manage these risks and opportunities.