GPIF Commissioned Research

Study of ESG

Information

Disclosure

GPIF Commissioned Research : Study of ESG Information DisclosureThis document is prepared by Nissay Asset Management Corporation in response to
GPIF research mandate of 2018-2019. Nissay Asset Management Corporation is a
registered institution: Director of Kanto Local Finance Bureau (Financial
instruments firms) No.369 and a member of The Investment Trust Association,
Japan/Japan Investment Advisors Association
The results of research outcome in this document may not necessarily constitute theviews of GPIF and GPIF and/or Nissay Asset Management do not guarantee theaccuracy and completeness of data included in this document.
ⓟ2019 GPIF

All Rights of standards, frameworks, guidelines and methodologies cited in thisdocument are reserved for each producer and/or publisher.

Nissay AssetManagement published this document under the permission of GPIF.
Titled:“Study of ESG Information Disclosure” produced in March 2019
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GPIF Commissioned Research : Study of ESG Information Disclosure

Contents
chapter

1chapter2

Overview of the Research
1
1.1.

The Backgrounds and Purposes of the Research････････････････････････････････

1

1.2.

Structure of the Research･････････････････････････････････････････････････････････

4

1.3.

Method of the Research･･･････････････････････････････････････････････････････････

5Comparative Analysis of the ESG Information
Disclosure Frameworks/Standards
2.1.

2.2.

2.3.

7

The History and Characteristics of the ESG Information
Disclosure Frameworks/Standards･･･････････････････････････････････････････････

7

2.1.1.

Scope of the Research･････････････････････････････････････････････････

7

2.1.2.

History and Characteristics････････････････････････････････････････････

8

2.1.3.

Status of Utilization by Companies････････････････････････････････････ 13(i) International Integrated Reporting Framework･･･････････････････････ 13(ii) GRI Standards･･･････････････････････････････････････････････････････ 15(iii) SASB Standards･････････････････････････････････････････････････････ 17(iv) TCFD Final Recommendations･･･････････････････････････････････････ 19

Comparative Analysis of the ESG Information Disclosure Frameworks/
Standards･ ････････････････････････････････････････････････････････････････････････ 21
2.2.1.

The Significance of Considering the Common Points of the ESG
Information Disclosure Frameworks/Standards･･････････････････････ 21

2.2.2.

Procedures and Methods for the Comparative Analysis･････････････ 25

2.2.3.

Results of the Comparative Analysis and Discussion･････････････････ 26(i) Listing Results････････････････････････････････････････････････････････ 26(ii) Classification (Coding) Results･･･････････････････････････････････････ 28(iii) Results of Comparative Analysis･････････････････････････････････････ 30(iv) Discussions on the Common Parts･ ･･････････････････････････････････ 33(v) Discussions on the Differences･･･････････････････････････････････････ 42

The Way Forward for the ESG Information Disclosure
Frameworks/Standards･･･････････････････････････････････････････････････････････ 59
2.3.1.

Movement toward collaboration by the ESG Information Disclosure
Framework Developers/Standard Setters･････････････････････････････ 59(i) Current Relationships of Framework Developers/Standard Setters･･･ 59(ii) Better Alignment Project･ ････････････････････････････････････････････ 61

2.3.2.

Discussions about Convergence (Unification)････････････････････････ 64(i) Market-Driven Convergence･････････････････････････････････････････ 64(ii) Regulation-Driven Convergence･･････････････････････････････････････ 65ichapter3

Analysis of Corporate Disclosure Status on the Common Partsof ESG Information Disclosure Frameworks/Standards

71

3.1.

Purpose of the Analysis･･･････････････････････････････････････････････････････････ 71

3.2.

Selection of Companies to be Surveyed･ ････････････････････････････････････････ 71

3.3.

Methodology･･････････････････････････････････････････････････････････････････････ 73

3.4.

Results and Discussions･･･････････････････････････････････････････････････････････ 74

chapter

4

ESG Information Disclosure by Institutional Investors
81
4.1.

4.2.

ESG Information Disclosure by Asset Owners･･･････････････････････････････････ 81
4.1.1.

Status of ESG Information Disclosure by Asset Owners･････････････ 82

4.1.2.

Motivations of ESG Information Disclosure by Asset Owners･･･････ 84

4.1.3.

ESG Issues (Materiality) that Asset Owners Place Importance on for
Investment･･･････････････････････････････････････････････････････････････ 89

4.1.4.

Section Summary･･･････････････････････････････････････････････････････ 96

ESG Information Disclosure by Asset Managers････････････････････････････････ 97

chapter5

Key Findings and Recommendations
101

Column 1: The “Business Model” in Business Administration Research･････････････････････････････････ 45
Column 2: The Trend of the European Commission’s “Action Plan on Sustainable Finance”･･･････････ 67
Column 3: Toward Building an Effective Ecosystem for ESG Information Disclosure･･･････････････････ 69

Appendix 1: List of Disclosure Items and Indicators and Coding Results for ESG Information Disclosure
Frameworks/Standards
Appendix 2: Comparative Analysis for ESG Information Disclosure Frameworks/Standards (detailed
version)Appendix 3: Provisional Common Parts by Sectorii

List of Figures
Fig1:

Distribution of ESG Disclosure Scores for TOPIX Constituent Companies･･････････････････････

2

Fig2:

Structure of the Research and the Major ESG Information Disclosurein the Investment Chain････････････････････････････････････････････････････････････････････････････

4

Fig3:

List of Contributors to the Interviews･･････････････････････････････････････････････････････････････

5

Fig4:

List of ESG Information Disclosure Frameworks/Standards to be Surveyed･･･････････････････

7

Fig5:

The Main Backgrounds and Characteristics of the ESG Information Disclosure
Frameworks/Standards････････････････････････････････････････････････････････････････････････････ 10

Fig6:

Mapping of Global/Japanese ESG Information Disclosure Frameworks/Standards･････････ 12

Fig7:

Status for the Issuing of Integrated Reports (Global)･････････････････････････････････････････････ 14

Fig8:

Change in Companies Issuing Integrated Reports (Japan)･･････････････････････････････････････ 14

Fig9:

Breakdown by Size of Issuers (Japan; 2018)････････････････････････････････････････････････････ 15

Fig10: Number of Reports Complying with or Referring to GRI Standards････････････････････････････ 16
Fig11: Breakdown by Region (2015)････････････････････････････････････････････････････････････････････ 16
Fig12: Breakdown by Size of Issuers (Japan; 2015)････････････････････････････････････････････････････ 17
Fig13: Companies that Disclose Indicators Defined by SASB Standards(as of December 2018)････････････････････････････････････････････････････････････････････････････ 18
Fig14: Companies That Make Some Reference to SASB in Their Information Disclosure･ ･･･････････ 19
Fig15: Breakdown of TCFD Supporters (Business Firms) by Region････････････････････････････････････ 20
Fig16: List of TCFD Supporters in Japan･･････････････････････････････････････････････････････････････････ 20
Fig17: ESG Investment Strategy and Information Needs････････････････････････････････････････････････ 22
Fig18: Difference in Nature of Information and the “Intersection”･････････････････････････････････････ 24
Fig19: Procedures and Methods for the Comparative Analysis････････････････････････････････････････ 26
Fig20: Number of Items and Indicators Set by ESG Information Disclosure
Frameworks/Standards (ESG Total)･･････････････････････････････････････････････････････････････ 27
Fig21: Number of Items & Indicators for the ESG Information Disclosure Frameworks/Standards(Environment Only)･････････････････････････････････････････････････････････････････････････････････ 28
Fig22: Proportion of Disclosure Items/Indicators (Overall)･･･････････････････････････････････････････････ 29
Fig23: Proportion of Disclosure Items/Indicators by Frameworks/Standards･････････････････････････ 30
Fig24: Overview of Comparative Analysis for Major Global ESG Information Disclosure
Frameworks/Standards････････････････････････････････････････････････････････････････････････････ 31iii

Fig25: Overview of Comparative Analysis Results for Major Global and Japanese
ESG Information Disclosure Frameworks/Standards････････････････････････････････････････････ 32
Fig26: Relationships among Commonly Required Five Categories･ ･･･････････････････････････････････ 32
Fig27: Definitions & Approaches for Materiality by the Major Global ESG Information･･････････････ 34
Fig28: Scope of Disclosure Information based on Comparison of Materiality Concepts･････････････ 35
Fig29: Location of Common Parts for Major Global ESG Information Disclosure Frameworks/
Standards･･･････････････････････････････････････････････････････････････････････････････････････････ 38
Fig30: Comparison of the GRI Standards and the SASB Standards･･･････････････････････････････････ 47
Fig31: Mapping of the TCFD Final Recommendations and the SASB Standards･････････････････････ 50
Fig32: Mapping of the TCFD Final Recommendations and the SASB Standards Regarding
Climate Scenario Analysis･････････････････････････････････････････････････････････････････････････ 51
Fig33: Relationship Map of ESG Information Disclosure Framework
Developers/Standard Setters･･････････････････････････････････････････････････････････････････････ 61
Fig34: Overview of the ESG Information Disclosure Framework Developers/Standard Setters･････ 65
Fig35: List of Surveyed Companies･･･････････････････････････････････････････････････････････････････････ 73
Fig36: Classification Flow of the Disclosure Status of Descriptive Information････････････････････････ 74
Fig37: Disclosure Status of Descriptive Information on “Governance”, “Recognition of ESG Risks
and Opportunities” or “Strategies and Practices.”(Ratio of the Number of Disclosed Items to the Total Number of Applicable Ones)･ ･････････ 76
Fig38: Disclosure Status of “KPIs.” (Ratio of the Number of Disclosed Indicators
to the Total Number of Applicable Ones)････････････････････････････････････････････････････････ 77
Fig39: Reference to ESG Information Disclosure Frameworks/Standards･････････････････････････････ 78
Fig40: List of Pension Funds to be Surveyed and Status of PRI Signature /ESG Information Disclosure･･･････････････････････････････････････････････････････････････････････ 83
Fig41: Environmental (E) Issues that the Major Global Pension Funds Place Importanceon for Investment･･･････････････････････････････････････････････････････････････････････････････････ 90
Fig42: Social (S) Issues that the Major Global Pension Funds Place Importanceon for Investment･･･････････････････････････････････････････････････････････････････････････････････ 91
Fig43: Governance (G) Issues that the Major Global Pension Funds Place Importanceon for Investment･･･････････････････････････････････････････････････････････････････････････････････ 92
Fig44: Participation and Involvement in ESG Information Disclosure
Frameworks/Standards by Major Global Pension Funds･･･････････････････････････････････････ 93
Fig45: Participation and Involvement in ESG Information Disclosure
Frameworks/Standards by Major Global Pension Funds (by Area)･･･････････････････････････ 94
Fig46: Disclosure Status of ESG Issues (Materiality) that Asset Managers Place Importanceon for Investment･･･････････････････････････････････････････････････････････････････････････････････ 98
Fig47: Reason for Disclosure / Reason for No Disclosure･･････････････････････････････････････････････ 99
iv

Overview of the Research

Chapter 1

Overview of the Research

1.1. The Backgrounds and Purposes of the Research
As global environmental and social issues have become more complex and severe globally inrecent years, it is imperative for the Government Pension Investment Fund (GPIF) as a “universal
owner” 1 to increase the long-term portfolio value as well as to improve overall financial market

1
Overview of the Research

1

Chaptersustainability through the minimization of the negative externalities of these problems.
GPIF is actively engaging in various initiatives, such as the selection of ESG indices for Japaneseequities, and the selection of environmental indices for Japanese and global equities, and as a basis

Looking at the current state of ESG information disclosure by Japanese listed companies, they
could be roughly divided into two categories (Fig. 1); the one is a group of companies that actively
engage in disclosure and the other is a group that have not made substantive progress. It is
welcoming to see companies that are actively working on the disclosure, but for the universal owners
like GPIF who hold shares in almost all major Japanese and global companies, it would be also
critical to improve overall ESG information disclosure level (to raise standard) in the entire stock
market, including companies with relatively poor information disclosure.

1.1
The Backgrounds and Purposes of the Research

for these activities, corporate ESG information disclosure has become critically important 2.

1“Universal owner” is a term that refers to long-term investors with large-scale assets that are invested widely acrossthe entire capital markets. With regards to investor behavior that is a characteristic of universal owners, it is detailedin Mizuguchi T. (2017) Responsible Investment – Change the Future by the Flow of Money (in Japanese), Iwanami
Shoten, and Hayashi T. (2017) “The Development and challenges of Universal Ownership Theory” in Kitagawa T.
(Eds.) New roadmap for the Governance Revolution (in Japanese), Toyo Keizai Inc, pp. 215-240.
2
The ESG activities conducted by GPIF are introduced in detail in their “ESG Report 2017”.

1
1

Fig1: Distribution of ESG Disclosure Scores for TOPIX Constituent Companies
350

Companies with relatively low level of disclosure300

No of Companies

250
200
150

1.1

100

The Backgrounds and Purposes of the Research

50Companies actively engaged in ESG information disclosure0

Bloomberg ESG Disclosure Score

Note 1: Bloomberg's ESG Disclosure Scores are being quantified between 0 to 100 points by the volume of ESG
information disclosed by each company. Each sector has 100 data points.
Note 2: Data is obtained as of August 13, 2018, and missing data are excluded.
Source: Prepared by Nissay Asset Management Co., Ltd. based on Bloomberg data.

As to the background behind the big difference in ESG information disclosure by companies, inaddition to differences in company size and industry factors, there seems to be persistent questions
such as “Why do I need to disclose ESG information in the first place?”, or “I understand we need todisclose, but I do not know specifically what kind of ESG information should be disclosed”.
Of these questions, with regards to the former about the necessity of disclosing ESG information,
there seems to be a growing awareness of the importance of addressing ESG information disclosure,since the use of ESG information by institutional investors is rapidly spreading, including theselection of ESG indices by GPIF, and also it is frequently mentioned by the media, from theviewpoint of investor relations (IR).
However, regarding the latter question about “what should be disclosed”, there is a possibility that
we are not on the way towards improvement. This is because, currently, in Japan and overseas,various standards, frameworks and guidelines with regards to ESG information disclosure(hereinafter referred to as the “ESG information disclosure frameworks/standards”) have been
proposed one after another, and it has been pointed out that this is causing greater confusion in ESG

22

1
The major global ESG information disclosure frameworks/standards are as follows: the “GRI
Standards” 4 developed by the Global Reporting Initiative (GRI), the “SASB Standards” 5 developedby the SASB (Sustainability Accounting Standards Board), the “International Integrated Reporting
Framework” 6 developed by the International Integrated Reporting Council (IIRC), and therecommendations prepared by the Task Force on Climate-Related Financial Disclosures (TCFD) at
the request of the Financial Stability Board (FSB) (hereinafter referred to as the “TCFD Final
Recommendations”). 7 In Japan there is the “Guidance for Integrated Corporate Disclosure andOverview of the Research

information disclosure forefront 3.

Company-Investor Dialogue for Collaborative Value Creation - ESG Integration, Non-Financial
Information Disclosure, and Intangible Assets into Investment - (Guidance for Collaborative Value
Guidelines” 9 by the Ministry of the Environment.
These are created by organizations with different backgrounds that have different purposes, andare based on different design concepts. This means that there is a wide variety of details andperspectives in asking companies for information disclosure. Because of this, for the relevant people
at companies who want to try and refer to these to promote ESG information disclosure, it is easy forthem to have questions like “which one shoud by propritized?”
In light of these circumstances, this research conducted comparative analysis of major global andJapanese ESG information disclosure frameworks/standard. By examining common parts anddifferences for each of the ESG information disclosure frameworks/standards, our purpose is tocontribute to the considerations of “what to disclose”. As the results of this research are referenced

1.1
The Backgrounds and Purposes of the Research

Creation)” 8 by the Ministry of Economy, Trade and Industry, and the “Environmental Reportingby the relevant people at many companies, we hope to contribute to the further enhancement of ESG
information disclosure by companies, and further development in the engagement and ESG
investment by asset owners and asset managers utilizing ESG information.

3
In the English-speaking world, there are a jumble of ESG information disclosure frameworks/standards, and withthe various alphabet abbreviations for the various disclosure frameworks/standards, this is called an “alphabet soup”.
(Jorgensen, H.B. (2018) “Demystifying the ‘alphabet soup’ of reporting frameworks”<http://www.ethicalcorp.com/demystifying-alphabet-soup-reporting-frameworks>)
4
GRI “GRI Standards” <https://www.globalreporting.org/standards>
5
SASB “Download Current Standards” <https://www.sasb.org/standards-overview/download-current-standards/>
6
IIRC “International <IR> Framework” <http://integratedreporting.org/resource/international-ir-framework/>
7
TCFD (2017) “Final Report: Recommendations of the Task Force on Climate-related Financial Disclosures (June2017)” <https://www.fsb-tcfd.org/publications/final-recommendations-report/>
8
Ministry of Economy, Trade and Industry (2017) “Guidance for Integrated Corporate Disclosure andCompany-Investor Dialogue for Collaborative Value Creation - ESG Integration, Non-Financial Information
Disclosure, and Intangible Assets into Investment - (Guidance for Collaborative Value Creation)”<http://www.meti.go.jp/press/2017/05/20170529003/20170529003-1.pdf>
9
Ministry of the Environment (2018) “Environmental Reporting Guidelines 2018 version”<http://www.env.go.jp/press/betten1rev.pdf >3
3

1.2. Structure of the ResearchThis research study consists of the following contents.
Fig2: Structure of the Research and the Major ESG Information Disclosure in the Investment
Chain
Structure of the Research
Backgrounds and characteristics of major ESG information
disclosure frameworks/standards• Analyze the differences in the backgrounds, purposes, design principles, assumed information users, etc.
•of the major global and Japanese ESG information disclosure frameworks/standards to clarify thecharacteristics
Clarify the current status of utilizations by companies in Japan and overseas

Chapter 2

1.2
Structure of the Research Study

Comparative analyses of major ESG information disclosure
frameworks/standards• Conduct comparative analysis of major global and Japanese ESG information disclosure
frameworks/standards to examine “common parts” and “differences”• Examine the relationship among standard setters and framework developers, and review discussions
about the convergence (unification) of ESG information disclosure frameworks/standards in order toconsider the future prospects.

Chapter 3

Chapter 4

Analyze ESG information
disclosure by companies

Analyze ESG information
disclosure by investors• Examine the relationship between the• Consider the purpose of ESG information

evaluation criteria of ESG rating agencies (oneof the main users of ESG information) and theabove “common parts” through analysis of ESG
information disclosure by companies

disclosure by institutional investors, and theimportant ESG issues (materiality) in theirinvestment management

Chapter 5
Compile the research results• Compile the implications obtained through the above analysis

Major ESG Information Disclosure in the Investment Chain
Standard
Setters/Framework
Developers（Chapter 2）
Infl uence on
di s closure

ESG Rating
Agencies

Information
disclosure（Chapter 3）
Information
disclosure

Provi s ion of ESG
eva l uation/ratings

Information
disclosure
Society/stakeholders

ListedCompanies（Chapter 3）

Information
disclosure
Information
disclosure

Asset Managers（Chapter 4）

Information
disclosure
Information
disclosure

Asset Owners（Chapter 4）

Information
disclosure

Beneficiaries

Information
disclosure

Information disclosure

Note: This figure illustrates only publicly available ESG information disclosure such as via website, and does notinclude any direct information provision, etc. under closed situation.
Source: Prepared by Nissay Asset Management Co., Ltd.

4
4

1This research is based on field research conducted overseas (U.S., U.K., France and theNetherlands) in addition to various literature review.
In the field research, in addition to conducting interview surveys with those who are ESG
information disclosure framework developers/standard setters, ESG rating agencies, asset owners,
and academic experts, we also collected information by attending the SASB-sponsored symposium 10
held in New York in December 2018.

Overview of the Research

1.3. Method of the Research

Fig3: List of Contributors to the Interviews 11
ESG Information Disclosure Framework Developers/Standard Setters
GRI

IIRC
Mr. Jonathan Labrey (Chief Strategy Officer)

SASB
Ms. Katie Schmitz Eulitt (Director, Investor Outreach)

TCFD
Mr. Curtis Ravenel (Global Head, Sustainable Business and Finance, Bloomberg LP)
Ms. Ani Kavookjian (Sustainable Business and Finance, Bloomberg LP)

1.3
Method of the Research Study

Ms. Eszter Vitorino (Head of Capital Markets Engagement)
Mr. Frank Bergkamp (Capital Market Researcher)
Mr. Julien Parkhomenko (External Affairs and Policy Coordinator)

European Commission “Technical Expert Group on Sustainable Finance (TEG)”
Mr. Nico Fettes (Head of Climetrics, CDP)ESG Rating Agencies
FTSE Russell
Ms. Arisa Kishigami (Head of ESG, Asia Pacific)
Mr. Hiromichi Tamura (Head of Research, Asia Pacific)
Mr. Yutaka Tsuda (Senior Sales Account Manager)

MSCI
Mr. Seiichiro Uchi (Managind Director, Client Coverage)
Ms. Minako Takaba (Executive Director, Research)

Sustainalytics
Ms. Claudia Volk (Director, ESG Rating Products)
Mr. Wilco van Heteren (Director, Sector Research)
Ms. Yumi Fujita (Associate Director, Sector Research)
10

Moving the Market: SASB 2018 Symposium <https://using.sasb.org/symposium-agenda/>
We would like to express our gratitude to the various people who were willing to take time out of their busy
schedules to cooperate in the interview surveys.
1155

Asset Owners
U.S.
California State Teachers' Retirement System (CalSTRS)
Ms. Kirsty Jenkinson (Investment Director, Sustainable Investment & Stewardship
Strategies)

U.K.
Universities Superannuation Scheme (USS)
Mr. David Russell (Head of Responsible Investment)

Brunel Pension Partnership
Ms. Faith Ward (Chief Responsible Investment Officer)

France1.3

French Reserve Fund (FRR)

Method of the Research Study

Mr. Olivier Rousseau (Executive Director)
Mr. Yves Chevalier (Executive Director)
Ms. Anne-Marie Jourdan (Chief Legal Officer and Public Relations)
Mr. Mickaël Hellier (SRI Policy Director)

French Public Service Additional Pension Scheme (ERAFP)
Ms. Pauline Lejay (Head of SRI)

The Netherlands
APG
Ms. Claudia Kruse (Managing Director, Global Responsible Investment and Governance)

PGGM
Mr. Hans Op’t Veld (Head of Responsible Investment)

NorwayNorges Bank Investment Management (NBIM)
Mr. Wilhelm Mohn (Head of Sustainability, Corporate Governance)
Mr. Nikolai Schjold (Senior Analyst – Governance)

Academic Experts (in alphabetical order)
Dr. Costanza Consolandi (Associate Professor of Corporate Finance, University of Siena)
Dr. Robert G. Eccles (Visiting Professor of Management Practice, Saïd Business School,
University of Oxford)
Dr. Casey O’Connor (Sani Scholar in Residence, Center for Business & Human Rights,
Leonard N. Stern School of Business, New York University)
Note: The affiliation and position are at the time of the interview.

6
6

2

12

Disclosure Frameworks/Standards12

2.1. The History and Characteristics of the ESG Information Disclosure
Frameworks/Standards
2.1.1. Scope of the Research
From the point of view of the utilization status by companies, and the degree of attention within
the society, in this research the main global and Japanese ESG information disclosure

2
Comparative Analysis of the
ESG Information Disclosure
Frameworks/Standards

Comparative Analysis of the ESG
Information Disclosure Frameworks/
ChapterStandards
2Comparative Analysis of the ESG Information

Chapterframeworks/standards listed in the following table were taken up as the scope of the research.

2.1

TargetGlobalcompanies

Japanesecompanies

International Integrated
Reporting Framework
GRI Standards

Type ofdisclosure
information
Financial & ESG
overall
ESG overall

SASB Standards

ESG overall

TCFD Final
Recommendations

E (Climatechange)Guidance for Collaborative
Value Creation

Financial & ESG
overall

Environmental Reporting
Guidelines 2018 version

E

Annual Securities Report

Financial & ESG
overallName

Reason to be surveyed
Utilized by many companies now.
Long history and Utilized bymany companies now.
Drawing attention as a novel
standard first codified version ofwhich was released in 2018.
Drawing attention as a disclosure
framework dedicated toclimate-related financial
information.
Japanese companies draw
attention it as a guidance definedby the Ministry of Economy,
Trade and Industry.
Long history and has impacted onJapanese companies’
environmental information
disclosure.
Representative regulatory
disclosure in Japan. Improvementof non-financial information is
being promoted in line with thepolicy.

The History and Characteristics of the ESG Information Disclosure Frameworks/Standards

Fig4: List of ESG Information Disclosure Frameworks/Standards to be Surveyed

12

The literature review and comparative analysis in this chapter were done with the cooperation of NLI ResearchInstitute.

7
7

Corporate Governance
ReportG

Representative regulatory
disclosure about corporate
governance in Japan.

Source: Prepared by Nissay Asset Management Co., Ltd. on the basis of relevant data available.

2.1.2. History and Characteristics 13
The ESG information disclosure frameworks/standards listed in Fig. 4 have different backgrounds.
The GRI Standards, which have the longest history and target global companies, were led andformulated by CERES, an environmental NGO, launched after the Valdez oil tanker accident, which

2.1
The History and Characteristics of the ESG Information Disclosure Frameworks/Standards

8
8

is considered to be the worst oil spill in the history of the U.S. The first version of the GRI
Guidelines, the predecessor of the GRI Standards, was formulated as far back as 2000. After that,several revisions were made, and in 2016, the name was changed from GRI Guidelines to GRIStandards, along with the revision of the content, in order to clarify its position as “disclosure
standards”.
In the case of the International Integrated Reporting Framework that was formulated in 2013,
accounting firms and accountant groups were deeply involved in the formulation. To date,accounting firms and accountant groups have been involved in the operation of IIRC in various
ways.
In the case of the SASB Standards, the first codified version of which was released in 2018, at thestage of its development, practitioners were widely asked to participate in the development of thedisclosure standards industry by industry. In the end, more than 2,800 practitioners (businesses,
financial analysts, consultants, etc.) were involved in the development 14, and until now there is
probably no other example of so many practitioners being involved in the development.
In the case of the TCFD Final Recommendations that were published in 2017, it was consideredby the Task Force on Climate-Related Financial Disclosures (TCFD) established by the Financial
Stability Board (FSB) at the request of the The G20 Finance Ministers and Central Bank Governors’
meeting, and it is worth noting to its unique origin relating to climate change.
In addition to that, all ESG information disclosure frameworks/standards for companies in Japan
13

With regards to the history and characteristics of the major global ESG information disclosure
frameworks/standards, research has been done that was commissioned by Japanese government institutions, etc. As
recent examples that were helpful in deepening understanding, the Ministry of Economy, Trade and Industry (2015)“FY2014 Comprehensive Research Study: Survey on the State of CSR as a Source of Competitiveness for
Sustainable Growth by Companies” <http://www.meti.go.jp/meti_lib/report/2015fy/000491.pdf>; the Business Policy
Forum Japan (2018) “Research Study on the State of New Era Non-Financial Information Disclosure (March 2018)”<https://www.meti.go.jp/policy/economy/keiei_innovation/kigyoukaikei/pdf/csrreports30report.pdf>; and theBusiness Policy Forum Japan (2012) “Research Study Report on the State of Non-Financial Information Disclosure at
Companies (March 2012)” <http://www.bpfj.jp/act/download_file/8428429/95101661.pdf>.
14
SASB “KEY FACTS ABOUT SASB”<https://using.sasb.org/wp-content/uploads/2017/12/About-SASB-Sheet-120717-v6.pdf>

2of Economy, Trade and Industry, and the Ministry of the Environment.
For the ESG information disclosure frameworks/standards listed in Fig. 4, there are also
differences in the assumptions about the users of the disclosure information, and the design conceptsof the frameworks/standards.
With regards to the users of the disclosure information, they are roughly divided into two. There
are ones that assume a wide range of corporate stakeholders (instead of just investors), such as
consumers, workers and civil society (hereinafter referred to as “multi-stakeholders”), and there are

Comparative Analysis of the
ESG Information Disclosure
Frameworks/Standards

are formulated and institutionalized with the leadership of governmental bodies such as the Ministry

ones that assume investors (or the financial sector overall, including investors). While the GRI
Standards fall under the former, the International Integrated Reporting Framework, SASB Standards
frameworks/standards for companies in Japan, the Environmental Reporting Guidelines assume
multi-stakeholders, including investors, as users of the information, while the others are basically
positioned as information disclosure for investors.
With regards to the design concepts, there are different ways of thinking with “principle-based” or“rule-based”, and with each having their advantages and disadvantages. On the one hand,principle-based is something that indicates the important principles and norms that should be
respected, and since the practitioner has a lot of room for discretion, there is the advantage that it
enables flexible and substantial response based on individual situations. Because it is not always
clear what exactly should be done, there is an aspect that it is hard for it to be accepted bypractitioners who are hesitant to work on it on their own. Rule-based is something where specificand detailed rules and regulations arepredetermined. While on the one hand, there is the advantagethat it is clear and easy to understand what should be done, there may be instances where strict rules
and regulations end up with inflexible and superficial response.
While the International Integrated Reporting Framework is thoroughly a principle-based approach,the GRI Standards and SASB Standards have a strong rule-based flavor, which means that detailed
disclosure indicators are specifically defined for each ESG issues. While the TCFD Final
Recommendations have specified some indicators to be disclosed, such as greenhouse gas emissions,most of the other details are close to principle based as they just show the approach. With regards tothe ESG information disclosure frameworks/standards for companies in Japan, while the Guidance

2.1
The History and Characteristics of the ESG Information Disclosure Frameworks/Standards

and TCFD Final Recommendations all fall under the latter. As for ESG information disclosure

for Collaborative Value Creation, and the non-financial section of the financial statement report,
have a strong principle-based flavor, the Environmental Reporting Guidelines 2018 Edition, and thereport on corporate governance, have a strong rule-based flavor.
Fig. 5 summarizes the main characteristics of the eight ESG information disclosure
frameworks/standards in Japan and overseas that are the scope of the research in this research study,
including the above content.

99Fig5: The Main Backgrounds and Characteristics of the ESG Information Disclosure
Frameworks/Standards(Most recent revision year
& the country where it is

Key backgrounds and features

based)
International Integrated
Reporting Framework（2013/UK）

2.1
The History and Characteristics of the ESG Information Disclosure Frameworks/Standards

GRI Standards-（2018/Netherland）--

SASB Standards-（2018/U.S.）

-

-

-

10
10

Created a new form of corporate reporting, an integrated reportthat discloses both financial and non-financial information.
Information disclosure for investors.
Prepared based on principle-based approach without any
predefined disclosure items and/or indicators.
Led by accounting organizations for the development.
The first edition was published in 2000, and this is one of ESG
information disclosure frameworks/standards with the longest
history in the world.
Information disclosure for multi-stakeholders including
investors.
Disclosure items and indicators are defined for each of
economic, environmental, and social aspects pursuant torule-based approach (however, reporting companies are notrequired to disclose all items and indicators, but to disclose
only items that are deemed material (important) by them.
An environmental NGO leads the establishment of GRI.
The structure changed in 2015 and the Global Sustainability
Standards Board (GSSB) was established as an independent
standard setting body.
Specific disclosure items and indicators are defined for each of
77 industries pursuant to rule-based approach (It defines that itis the company to make the final decision as to which topics arefinancially material.).
Information disclosure for investors.
At the development stage, they aimed at disclosure standards
for US companies, but the status finally changed as disclosure
standards for global companies.
For the purpose of development, practitioners were widely
asked to participate in the standards consultation process,organized by sector/industry. Finally, more than 2,800
practitioners (businesses, financial analysts, consultants, etc.)
were involved in the development.
SASB’s governance structure includes an independent
standards setting board (the SASB), along with the SASB
Foundation Board which is responsible for overall
administration.

2
-

-

-

Environmental Reporting
Guidelines 2018 version（2018/Japan）--

Annual Securities Report-（2019/Japan）-

Corporate Governance-

Report（2019/Japan）

2.1
The History and Characteristics of the ESG Information Disclosure Frameworks/Standards

Guidance forCollaborative Value
Creation（2017/Japan）

Recommended disclosure of climate-related financial
information in the mainstream annual financial report, etc.
Disclosure of information for financial sector including
investors (Note that requiring information disclosure byfinancial sector as well).
Basically, it is prepared based on the principle-based approach,but it clearly states that greenhouse gas emissions should be
disclosed.
Sector-specific guidance has also been developed for certain
sectors that are particularly relevant to climate change.
Developed by the task force established by the Financial
Stability Board (FSB).
Prepared by the Ministry of Economy, Trade and Industry as a
guide to organize information to be communicated to investors(business philosophy, business model, strategy, andgovernance, etc.) in an integrated and systematic manner and to
improve the quality of information disclosure and dialogue withinvestors.
Prepared based on principle-based approach without any
predefined disclosure items and/or indicators.
Since the “Environmental Report Preparation Guidelines: How
to Make Easy-to-Understand Environmental Reports” wasformulated in 1997, the contents have been regularly revised
The Environmental Reporting Guideline 2018 specificallyillustrates indicators to be disclosed regarding theenvironmental impact caused by corporate activities.
Required by Financial Instruments and Exchange Act toprovide sufficient information for investors to make investment
decisions.
Toward the improvement of non-financial information
disclosure in the annual securities report, “Principles for theDisclosure of Narrative Information,” which provide a
guidance about desirable disclosure and an approach fordisclosure, was published in March 2019.
Prepared based on principle-based approach with a limited
predefined indicators.

Comparative Analysis of the
ESG Information Disclosure
Frameworks/Standards

TCFD Final
Recommendations（2017/U.S.）

Required by the stock exchange to provide information about
the status of corporate governance for investors.

-

Specific disclosure items and indicators regarding corporate
governance are defined pursuant to rule-based approach.

Note: The most recent revision year is as of March 2019 (for the ones that have not been revised since they were
published, the year that they were published is listed.)
Source: Prepared by Nissay Asset Management Co., Ltd. on the basis of relevant data available.

11
11

2.1
The History and Characteristics of the ESG Information Disclosure Frameworks/Standards

In order to visualize the differences in the positioning of these eight ESG information disclosure
frameworks/standards, Fig. 6 is the mapping of eight frameworks/standards with the vertical axis
showing the characteristics of the disclosure information, and the horizontal axis showing the
purpose of the information disclosure. It can be seen that the International Integrated Reporting
Framework, GRI Standards and SASB Standards, which have a high global presence, are located at
opposite ends rather than being similar.
The International Integrated Reporting Framework and the SASB Standards both aim to disclose
information related to the impact on operating performance and financial conditions, but the former,
which is principle-based, has not set any specific disclosure items or indicators, and seeks substantial
information disclosure by companies applying their own originality. Based on that philosophy, awell-prepared, integrated report will be resourceful reading for investors, and will probably help todeepen their understanding about individual companies. On the other hand, the SASB Standards,
which are rule-based, have specifically set items and indicators that should be disclosed for each of
77 industries. Because standardized information disclosure is expected, for information users,
disclosed information is easy to quantified (scoring) and excellent to compare with other companies
in the same industry.
While the GRI Standards have adopted a rule-based approach, the information for which
disclosure is required does not necessarily relate to the operating performance or financial conditionsof the companies. Rather, it is seeking disclosure about the impact that companies have on theeconomy, environment and/or society, which makes it significantly different from other disclosure
frameworks/standards.

Fig6: Mapping of Global/Japanese ESG Information Disclosure Frameworks/Standards
Specifically tailored information byeach company（→Useful to understand individualcompany in depth）

International<IR>
Framework
Guidance for Collaborative
Value Creation(JPN)TCFD Recommendations
Annual Securities
Report(JPN)
Information about economic,
environmental, and/or social
impacts driven by company

Information relevant for
operating performance
and/or financial conditionof company

Environment
Reporting Guidelines
2018version(JPN)GRI Standards

Corporate Governance
Report(JPN)
SASB Standards

Normalized Information（→Easy to quantify(scoring) andcompare with peers）

Souce: Prepared by Nissay Asset Management Co., Ltd. on the basis of relevant data available.

12
12

2
In this section we sort out the status of utilization by overseas and Japanese companies for theInternational Integrated Reporting Framework, GRI Standards, SASB Standards and TCFD Final
Recommendations,

which

are

the

representatives

of

ESG

information

disclosure

frameworks/standards targeting global companies.
(i)International Integrated Reporting Framework
According to an official announcement of the IIRC, more than 1,600 companies in 65 countries

Comparative Analysis of the
ESG Information Disclosure
Frameworks/Standards

2.1.3. Status of Utilization by Companies

have issued integrated reports 15.
Fig. 7 shows the number of companies that issue integrated reports within the top 100 companies
issue integrated reports among the major countries in the world. The largest number is in South
Africa, which in 2010 was the first in the world to institutionalize the issuing of the integrated reportby listed companies under the “comply or explain” rule. The second largest number is in Japan.
The top 10 countries include several European countries such as Spain, the Netherlands and the
U.K., but North America (the U.S. and Canada) is not included. In North America it cannot be said
that the issuing of integrated reports is necessarily widespread.
Fig. 8 shows the change in the number of companies that have issued integrated reports in Japan.
As of the end of December 2018, 414 companies have issued integrated reports, and Japan is thecountry in which the integrated reports are issued the most in terms of number 16. (As shown in Fig. 7,
South Africa is the top when it is limited to the top 100 companies by sales, but Japan is the largest
when including other listed companies.)
Furthermore, among the Japanese companies that issue integrated reports, Fig. 9 shows thebreakdown of listed companies by size. About 70% of large market capitalization companies that areclassified as TOPIX Core 30 or TOPIX Large 70 issue integrated reports, while it is 51% for the
TOPIX Mid 400, and below 10% for other companies.
As mentioned above, while Japan issues the most integrated reports in the world, the issuance isbiased to large-scale companies, and the situation is such that it has not necessarily spread tocompanies with relatively small market capitalization.

2.1
The History and Characteristics of the ESG Information Disclosure Frameworks/Standards

by sales in each country. The graph is arranged in descending order by the number of companies that15

Odenwald, T. (2018) “Changing the way companies disclose, operate and think”<http://integratedreporting.org/news/changing-the-way-companies-disclose-operate-and-think/>
16
Edge International, Inc. “Special Symposium International Integrated Reporting Council (IIRC) Welcomes Mr.
Richard Howitt, the New CEO” <http://www.edge-intl.co.jp/library/img/s2017_40ja.pdf>.

13
13

Fig7: Status for the Issuing of Integrated Reports (Global)
No of Companies

South Africa institutionalized integrated reporting in 2010("comply or explain" basis )

100

80

60

40

20

2.1
The History and Characteristics of the ESG Information Disclosure Frameworks/Standards

0

South
Africa

Japan

Spain

The
Netherland

2015

88

21

27

27

6

5

10

9

13

10

11

2017

90

42

36

26

22

21

17

15

15

15

14

BrazilMexico

South
Korea

UK

SwedenPolandAllcountries

Note: The chart shows the number of companies issuing integrated reports out of the top 100 companies in sales ineach country. “all countries” means the average of 49 countries.
Source: Prepared by Nissay Asset Management Co., Ltd. on the basis of KPMG “The Road Ahead: the KPMG
Survey of Corporate Responsibility Reporting 2017.”

Fig8: Change in Companies Issuing Integrated Reports (Japan)
No of Companies

500
414
400

335
280

300
215
200

138

100
0

1

1

4

8

11

17

24

32

61

95

2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018
Note: The number of issuers was counted based on reports issued by Japanese companies with the expression of
integrated reporting in their editorial policies or with provision of comprehensive description of financial andnon-financial information inferring that preparers are aware of integrated reporting.
Source: Prepared by Nissay Asset Management Co., Ltd. on the basis of the Corporate Value Reporting Lab “List ofCompanies Issuing the “Self-declared Integrated Report in Japan (updated on February 8, 2019)”.

14
14

2
Category
TOPIX Core30
TOPIX Large70
TOPIX Mid400
TOPIX Small 1
TOPIX Small 2
Others(other markets/non-listed)

Issuers ofintegrated
reports
30
21
70
49
401
203
500
74
1,108
40
27

No of
companies

%
70%
70%
51%
15%
4%
-

Comparative Analysis of the
ESG Information Disclosure
Frameworks/Standards

Fig9: Breakdown by Size of Issuers (Japan; 2018)

Source: Prepared by Nissay Asset Management Co., Ltd. on the basis of the Corporate Value Reporting Lab “List ofCompanies Issuing the “Self-declared Integrated Report in Japan (updated on February 8, 2019).”

2.1

The number of reports prepared in compliance with or referring to the GRI Standards, including
the GRI Guidelines, registered on the GRI website 17 exceeds 4,500 worldwide (2015, Fig. 10). The
first version of the GRI Standards was issued in 2000, and it has the longest history among theworld’s major ESG information disclosure frameworks/standards. Many companies in the world use
it for ESG information disclosure.
By region, Europe has the highest utilization at 34%, followed by Asia, Latin America and North
America. Japan is about 6%, with 274 reports registered (Fig. 11).
Fig. 12 shows the breakdown of the 274 companies by company size. While approximately 70%of the companies in the TOPIX Core 30 and TOPIX Large 70 issue reports that comply with or referto the GRI Guidelines or GRI Standards, the percentage is significantly lower for other size
categories. The GRI Standards are mainly used by large-scale companies, and it is not widespreadamong companies with relatively small market capitalization

17

The History and Characteristics of the ESG Information Disclosure Frameworks/Standards(ii) GRI Standards

As of March 4th, 2019.

15
15

Fig10: Number of Reports Complying with or Referring to GRI Standards
No of Reports

5,000
Japan
4,000
3,000

Africa2,000

Latin America &the Caribean
Oceania1,000

North America

2015

2014

2013

2012

2011

2010

2009

2008

2007

2006

2005

2004

2003

2002

2001

2000

The History and Characteristics of the ESG Information Disclosure Frameworks/Standards

Europe

0

1999

2.1

Asia ex. Japan

Source: Prepared by Nissay Asset Management Co., Ltd. on the basis of GRI website.

Fig11: Breakdown by Region (2015)

Japan
6%
Europe34%
Asia ex. Japan
27%

Africa4%
Latin America & the Caribean
17%

North America
Oceania 10%
2%

Source: Prepared by Nissay Asset Management Co., Ltd. on the basis of GRI website

16
16

2
Category
TOPIX Core30
TOPIX Large70
TOPIX Mid400
TOPIX Small 1
TOPIX Small 2
Others(other markets/non-listed)

No ofIssuers ofcompanies GRI reports
30
21
70
52
401
130
500
36
1,108
16
19

%
70%
74%
32%
7%
1%
-

Comparative Analysis of the
ESG Information Disclosure
Frameworks/Standards

Fig12: Breakdown by Size of Issuers (Japan; 2015)

Source: Prepared by Nissay Asset Management Co., Ltd. on the basis of GRI website.

2.1
The first codified version of the SASB Standards was released in November 2018 after
approximately six years of development. As of March 2019, 47 companies in the world havedisclosed indicators defined by the SASB Standards since 2017 (Fig. 13). The 47 companies include
companies that have made disclosures based on the provisional version of the SASB Standards,
which was published prior to the first codified version.
The SASB Standards were originally developed with the Forms 10-K and 20-F in mind, which are
U.S. regulatory disclosure documents. At this point, many companies that use these standards are
U.S. companies.
However, the current SASB Standards are not disclosure standards for U.S. companies, and they
made a major policy change to become disclosure standards for global companies, and future
attention is focused on their penetration among companies outside of the U.S. According to the
SASB, about 69% of companies 18 that have information disclosures with some reference to the
SASB Standards are outside the U.S. (Fig. 14).

The History and Characteristics of the ESG Information Disclosure Frameworks/Standards(iii) SASB Standards

18

In addition to the companies that disclose indicators based on SASB Standards in Fig. 13, this includes allcompanies that make some reference to SASB in their disclosure information.

17
17

Fig13: Companies That Disclose Indicators Defined by SASB Standards (as of December 2018)

2.1
The History and Characteristics of the ESG Information Disclosure Frameworks/Standards

18
18

Apache Corp
ARC Resources Ltd
ArcelorMittal
Atlantica Yield PLC
Bank of Montreal
BCE Inc.
Bloomberg LP
Boston Properties Inc
Breckinridge Capital Advisors
CBRE Group Inc.
Cia. De Saneamento do Parana
Daiwa Securities Group Inc
Diageo PLC
Digital Realty Trust Inc
Emera Inc
Enbridge Inc
Etsy Inc
Gap Inc
General Motors Co.
Gol Linhas Aereas Inteligentes
GS Caltex Corp
Hewlett Packard Enterprise Co.
Host Hotels & Resorts Inc
JetBlue Airways Corp

U.S.
CanadaLuxembourg
Spain
CanadaCanada
U.S.
U.S.
U.S.
U.S.
Brazil
Japan
UK
U.S.
CanadaCanada
U.S.
U.S.
U.S.
BrazilSouth Korea
U.S.
U.S.
U.S.

Kellogg Co
Kilroy Realty Corp
Kinder Morgan Inc
LG Chem Ltd
LG Household & Health Care Ltd
Masco Corp
Medtronic PLC
Merck & Co Inc
Mermaid Maritime PCL
Mosaic Company
Motorola Solutions Inc
Nike Inc
Nippon Telegraph & Telephone Co
NRG Energy Inc
Peugeot SA
Schneider Electric SE
Shorenstein Properties LLC
SK Telecom Co Ltd
Southwestern Energy Co.
Waste Management Inc
Weatherford International PLC
Westpac Banking Corp
ZAGG Inc

U.S.
U.S.
U.S.
South Korea
South Korea
U.S.
IrelandU.S.
Thailand
U.S.
U.S.
U.S.
Japan
U.S.
FranceFranceU.S.
South Korea
U.S.
U.S.
Switzerland
Australia
U.S.

Source: Prepared by Nissay Asset Management Co., Ltd. on the basis of the data and materials provided by SASB.

2
No of Companies

300

250

200

150

2.1

50

2015

2016

2017

2018

Middle East & Africa

1

2

2

4

Latin America & the Caribbean

8

11

19

20

Asia Pacific

19

26

40

83

Europe

29

41

46

73

Canada

1

8

8

12

United States

35

53

62

87

Source: Prepared by Nissay Asset Management Co., Ltd. on the basis of the data and materials provided by SASB.

(iv) TCFD Final Recommendations
Since the TCFD Final Recommendations were published in 2017, it has succeeded in rapidly
gathering supporters. As of March 4, 2019, 601 business firms, financial institutions and government
agencies have become supporters of TCFD, and among these, there are 190 business firms that thisresearch specifically pays attention to.

The History and Characteristics of the ESG Information Disclosure Frameworks/Standards

1000Comparative Analysis of the
ESG Information Disclosure
Frameworks/Standards

Fig14: Companies That Make Some Reference to SASB in Their Information Disclosure

Fig. 15 shows a breakdown by region of the business firms that are listed as supporters. Europe
has the most, followed by Japan.
There are a total of 61 institutions that are supporters in Japan, of which 28 are business firms(Chart 16).

19
19

Fig15: Breakdown of TCFD Supporters (Business Firms) by Region
South America,
9

Africa, 4

Oceania, 19Asia ex. Japan,
20

Europe, 85
North
America, 25

2.1
The History and Characteristics of the ESG Information Disclosure Frameworks/Standards

Japan, 28Note: The count excludes professional services, voting right services, finance, government agencies and otherinstitutions.
Source: Prepared by Nissay Asset Management Co., Ltd. on the basis of the TCFD website.

Fig16: List of TCFD Supporters in Japan
Industrial companies
Financial/professional services
Others
Kokusai Kogyo Co., Ltd
Mitsubishi UFJ Financial Group, Inc
Japanese Institute of Certified Public Accountants (JICPA)
Sumitomo Chemical
Mizuho Financial Group
Financial Services Agency (FSA)
Nomura Research Institute, Ltd.
MS&AD Insurance Group Holdings, Inc.
Ministry of Environment (MOE) (Japan)
Konica Minolta, Inc.
Sumitomo Mitsui Financial Group
Japanese Bankers Association
NEC Corporation
Tokio Marine
Ministry of Economy, Trade and Industry (METI)
Hitachi, Ltd.
SOMPO Holdings, Inc.
The Investment Trusts Association, Japan (JITA)JTEKT CORPORATION
Daiwa Securities Group
Japan Investment Advisers Association (JIAA)
Mitsubishi Corporation
Development Bank of Japan
Japan Securities Dealers Association
Sekisui House, Ltd.
Nomura Holdings, Inc.
Sumitomo Forestry Co., Ltd.
Sumitomo Mitsui Trust Holdings, Inc.
Ricoh Company, Ltd.
THE SHIGA BANK, LTD.
Sojitz Corporation
Nikko Asset Management
Daiwa House Industry Co., Ltd.
Dai-ichi Life Holdings, Inc.
Kawasaki Kisen Kaisha, Ltd.
Japan Exchange Group, Inc.
Mitsubishi Chemical Holdings Corporation
Resona Holdings, Inc
MARUI GROUP CO., LTD.
Government Pension Investment Fund (GPIF)
Mitsui O.S.K. Lines, Ltd.
Nippon Life Insurance Company
Nikon Corporation
Meiji Yasuda Life Insurance Company
FUJIFILM Holdings Corporation
Nissay Asset Management Corporation
Kirin Holdings Company, Limited
Rating and Investment Information, Inc.
Mitsui & Co., Ltd
Sumitomo Mitsui Trust Asset Management Co., Ltd.
NYKLineCSR Design Green Investment Advisory, Co., Ltd.
Mitsui Chemicals, Inc.
E-Square Inc.
SEKISUI CHEMICAL CO., LTD.
NeuralOMRON Corporation
Sophia University Endowment
Yokogawa Electric Corporation
Kao Corporation
Teijin Group

Note1: As of 4th March 2019.
Note2: Listed in the order of the date they announced to support TCFD (in alphabetical order if announced on thesame date).
Source: Prepared by Nissay Asset Management Co., Ltd. on the basis of the TCFD website.

20
20

2
As confirmed in the previous section, the main global ESG information disclosure
frameworks/standards that are in the scope of this research have different backgrounds, and there arevarious characteristics in the design concepts and the assumed information users. For that reason,
while it is natural that there are differences in disclosure items and indicators set by each of thedisclosure frameworks/standards, as mentioned before, one of the purposes of this research is toComparative Analysis of the
ESG Information Disclosure
Frameworks/Standards

2.2. Comparative Analysis of the ESG Information Disclosure Frameworks/Standards
2.2.1. The Significance of Considering the Common Points of the ESG Information
Disclosure Frameworks/Standards

examine the common parts and differences. Here, before proceeding with the analysis in this chapter,
we would like to confirm the meaning of considering the common points.
necessarily homogeneous. This is because, in practice, there are many ways to utilize ESG
information depending on the ESG investor 19 . Fig. 17 summarizes the representative ESG
investment strategies, and the characteristics of the ESG information that is considered to beparticularly important in each strategy.

2.1
The History and Characteristics of the ESG Information Disclosure Frameworks/Standards

Today, the phrase “ESG investors” is often used in the media, but ESG investors are not

19

For more information on the various ways in which ESG information is used by institutional investors, please referto the case studies compiled by the CFA Institute and the UN-backed Principles for Responsible Investment (PRI).
(CFA Institute, PRI (2018) “Guidance and case studies for ESG integration: equities and fixed income”<https://www.unpri.org/download?ac=5398>)

21
21

Fig17: ESG Investment Strategy and Information Needs
Classification

Nature of information
primarily required（Note）

ESG Investment Strategies

Major example of relevant
framework/standard

Judgmental

Fundamental analysis approach

ESG related engagement in traditional active investment

International<IR> Framework

Adjustment of revenue forecasts based on
ESG analysis
Adjustment of operating margin and/or cost
forecasts based on ESG analysis
Adjustment of book value and/or
depreciation forecasts on ESG analysis
Adjustment of capital expenditure forecasts
based on ESG analysis

 Specifically tailored ESG
ESG rel atedenga gement(e.g.
conducted as apa rt offundamentals
a nalysis)

Information useful for
Fundamental analysis/corporate valuation

Adjustment of terminal value of valuation
model based on ESG Analysis

SASB Standards

Adjustment of beta/discount rates ofvaluation model based on ESG Analysis
Adjustment of portfolio weight based on ESG analysis

Systematic

2.2

Smart beta/quantitative strategies utilizing ESG
factors

ESG rel atedenga gement(e.g. ta rgets
a nd/or themesa res ys tematicallys elected)

 Normalized, easy to quantify

and compare ESG information
relevant for companies’
financial performance

ESG IndicesComparative Analysis of the ESG Information Disclosure Frameworks/Standards

Passive
ESG related engagement in traditional passive investment

 Information about economic,

Impact Investment

Others（※Consideration of impact besides/instead of risk/return）

Socially Responsible Investment/Ethical Investment（※Utilization of ethical/faith-based lenses）

ESG rel atedenga gement

GRI Standards

environmental, and/or social
impacts (positive or negative)
driven by company

Note: The figure indicates only the most basic ESG information for each strategy, and thus other types of ESG
information, which are not mentioned above, might be utilized.
Source: Prepared by Nissay Asset Management Co., Ltd. on the basis of CFA Institute & PRI (2018) “Guidance andcase studies for ESG integration: equities and fixed income” and other various data.

In so-called judgmental investing, which utilized ESG information for the fundamentals analysis
of companies, it is assumed that there is a high need for ESG information useful to deepen
understanding about individual companies, such as the corporate value creation process of thecompanies in focus, and the sources of their competitiveness. Here, priority is given to how the ESG
information disclosed reflects the unique characteristics of the companies in focus, rather than ESG
information with excellent comparability between companies. A representative example of ESG
information disclosure frameworks/standards that meet such information needs is the International
Integrated Reporting Framework (as this is just a representative example, and it does not necessarilymean that other frameworks/standards are irrelevant to judgemental investing).
Of course, investment strategies adopted by ESG investors are not limited to judgmental investing.
Treating ESG characteristics as a unique equity factor, there has been a spread of smart beta andquantitative strategies to obtain systematic excess returns, or passive investment utilizing ESG
ratings or ESG scores. In such investment the need for ESG information that is normalized and has
excellent comparability between companies could be stronger than highly tailored ESG information

22
22

2
many cases we need to convert qualitative descriptive ESG information into quantitative data, it isalso important that the ESG information be easy to quantify (scoring). The ESG information
disclosure frameworks/standards particularly suitable for such information needs are the SASB
Standards.
Also, recently, so-called “impact investing” has been growing. This puts emphasis on how thecompanies targeted for investment have an impact on the sociery (economic, environmental and/or
social impact) in addition to the investment risk and return 21. For investment decisions by investors

Comparative Analysis of the
ESG Information Disclosure
Frameworks/Standards

that reflects the individuality of each company 20. In addition, in such investment strategies, since in

who put an emphasis on impact, information is essential about the impact that companies have on
the economy, the environment and/or society. It needs to be noted that at present there is no
generally recognized definition regarding impact investing, but within the ESG information
disclose the impact that a company has on the economy, environment and society) are considered tobe the most relevant to such information needs 22.
Also with regards to engagement, the details are similarly diverse. In the case of engagement
implemented in line with judgmental investing, highly individualized engagement themes are
decided from the bottom up, and then investors approach targeted companies in conjunction withsecurities research and investment decisions. On the other hand, when implemented in combination
with systematic or passive investment, ultimately it is independent of the investment decision, andthere is a top-down decision on the engagement theme and the target companies based on acomparison between companies, etc. In addition, it is thought that engagement that is carried out inconjunction with impact investing is centered on promoting positive impact and/or aiming to reduce
negative impact.
In this way, even if we only talk about “the ESG information disclosure required by investors”, itis thought that the characteristics of the information to be emphasized will differ depending on the
ESG investment strategies adopted by the investors. For those in charge of, or responsible for, ESG
20

For the difference between ESG information required by active investors and passive investors, refer to Iguchi G.
(2018) Effective Disclosure of financial and non-financial information for ESG investments (in Japanese), Bessatsu
Shoji Homu, No. 431. For passive investment, in many cases, ESG ratings and ESG scores from ESG rating agencies
are used. In such cases, it is the ESG rating agencies, not the institutional investors, that directly evaluate and analyze
the ESG information disclosed by the companies.
21
Impact, which means the influence on the economy, environment and society, is sometimes called “social return”
in distinction from “monetary return” (Kato Y. (2018) Research on ESG Investment: The Forefront of Theory andPractice (in Japanese), Ittosha). With regards to the current status of impact investing in Japan, it is detailed in the
Global Social Impact Investment Steering Group (GSG) Japan National Advisory Board (2018) “Current Status ofSocial Impact Investment in Japan” http://impactinvestment.jp/doc/G8-2017-A4.pdf>.
22
However, while the interview surveys revealed that the GRI Standards focus more on the disclosure of things witha negative impact, impact investing is often focused on the things with a positive impact (contributing to solutions for
global environmental problems or social issues). Currently, with regards to the frameworks/standards of impact
disclosure in Fig. 17 are seen as the least matured. The Impact Management Project (IMP) is developing activities
that aim to harmonize approaches and standards with regards to the measurement, evaluation and reporting of impact.

2.2
Comparative Analysis of the ESG Information Disclosure Frameworks/Standards

disclosure frameworks/standards that are the target of this research, the GRI Standards (which aim to

23
23

information disclosure, should sufficiently recognize the diversity of ESG investment strategies
adopted by investors, and be clearly aware of the end user of disclosure information, i.e. what kindof information disclosure should be useful for what type of ESG investor.
However, while the ESG information required differs depending on the ESG investment strategies,
each infromation are not completely independent, and there should be certain common parts (Fig.
18).
In this chapter, under the assumption that major global ESG information disclosure
frameworks/standards set disclosure items and indicators that reflect the various information needsof ESG investors, we will consider the differences together with the “common parts” of disclosure
items and indicators defined by the ESG information disclosure frameworks/standards.

2.2

From the perspective of corporate IR, while it is ideal to conduct ESG information disclosure so

Comparative Analysis of the ESG Information Disclosure Frameworks/Standards

that it meets a wide range of information needs, the practical burden will also increase more as
they try to meet the diverse information needs. In particular, for companies aiming for effective andefficient IR with limited resources, being aware of the “common parts” for a wide range of
information needs and focusing on information disclosure from that perspective should be aneffective approach.

Fig18: Difference in Nature of Information and the “Intersection”

Source: Nissay Asset Management Co., Ltd.

24
24

2
From here, we will describe the procedures and methods of comparative analysis to examine thecommon parts and differences in ESG information disclosure frameworks/standards. Specifically, we
did the three-step comparative analysis shown in Fig. 19.
First, in Step1, we listed the disclosure items and indicators for each of the ESG information
disclosure frameworks/standards. Since the purpose of this research is to examine common parts anddifferences, it is important to list the items and indicators from the smallest possible level. However,the comparative analysis will be hindered when the meaning is lost on its own due to overly

Comparative Analysis of the
ESG Information Disclosure
Frameworks/Standards

2.2.2. Procedures and Methods for the Comparative Analysis

subdividing the disclosure items and indicators. Therefore, the items should be listed at the smallest
possible level but within a range where it does not lose the meaning on its own. For the International
Integrated Reporting Framework and other principle-based ones, while the disclosure items andcorresponding to disclosure items and indicators.
Next, in Step2, with regards to all the items and indicators listed in Step1, we classified (coded)
based on the meaning of the content. Following are the nine classifications that were used.
Nine Classifications of the Disclosure Items and Indicators(i)

Summary of organization or business(ii) Business model (limited to a comprehensive and systematic description of the entire
business model)(iii) Message from the directors and/or management(iv) Communication with stakeholders(v) Governance (including structure, discipline and mechanism etc.)(vi) Identification of materiality (identification of disclosure matters)(vii) Recognition of ESG risks and opportunities (including recognition and prospects offinancial impacts)(viii)Strategies and practices(ix) KPIs

2.2
Comparative Analysis of the ESG Information Disclosure Frameworks/Standards

indicators have not been set in a strict sense, the components or content elements can be listed as

Classifications (i) to (viii) are assumed to be disclosure mainly by qualitative descriptive
information (Of course, it is conceivable that part of the descriptive information includes quantitative
information.). Classification (ix) is assumed to be disclosure by quantitative information.
In the final Step3, we examined the common parts and differences based on the classification
results.

25
25

Fig19: Procedures and Methods for the Comparative Analysis
 Make a list of disclosure items and indicators as defined in each ESG information disclosure
framework/standard.

STEP 1Make a list of
disclosure items andindicators(Disclosure items/indicators are decomposed into a minimum unit as much as possible, unless it
loses its original meaning alone).

 Make classification (coding) of the disclosure items/indicators based on the listing results in STEP 1.
 Classifications are: (i) summary of organization or business; (ii) business model; (iii) message from
STEP 2Make classification(coding)

2.2

director and/or management; (iv) communication with stakeholders; (v) governance; (vi)identification of materiality; (vii) recognition of ESG risks and opportunities; (viii) strategies andpractices; and (ix) KPIs.

 As the disclosure frameworks/standards to be surveyed include ones focusing on environmental

aspects, each item/indicator is also categorized whether it is related to environmental issues or not.

 Examine “common parts” and “differences” based on classification results.

Comparative Analysis of the ESG Information Disclosure Frameworks/Standards

STEP 3Make comparative
analysis

Source: Nissay Asset Management Co., Ltd.

2.2.3. Results of the Comparative Analysis and Discussion(i)

Listing Results
As a result of Step1, a total of 1,307 items and indicators were obtained. Among them, thoseaccording to the SASB Standards are the largest with 981 items and indicators. This is because
SASB Standards have set items and indicators for each of 77 industries and we count a gross numberof items and indicators including overlapping ones. (Note that the SASB Standards define anaverage of only 13 items and indicators for each industry). The items and indicators set by the GRI
Standards are 144 23 (Fig. 20).
Also, based on the fact that the Environmental Reporting Guidelines and the TCFD Final
Recommendations are specialized for the environment aspect, Fig. 21 shows only the items andindicators related to the environment from each of the ESG information disclosure
frameworks/standards. With the disclosure items in the International Integrated Reporting
Framework, for instance, they cover ESG overall, and it depends on the situation of the company
whether or not environmental related information will be included. Regarding this point, Fig. 21
only extracts disclosure items and indicators that are specific to the environment. As mentioned
23“GRI 303: Water and Drainage” and “GRI 403: Occupational Safety and Health” are counted based on the revised
version of 2018 (all others are the 2016 version).

26
26

2
for each of 77 industries, and there are 471 items and indicator that are specific to the environment.
The full list of the disclosure items and indicators is provided in Appendix 1.

Fig20: Number of Items and Indicators Set by ESG Information Disclosure
Frameworks/Standards (ESG Total)
No of items/indicators

Comparative Analysis of the
ESG Information Disclosure
Frameworks/Standards

above, the reason why the SASB Standards have the most is because the items and indicators are set

1200
981

1000

2.2

800

400
144

200
8

55

59

23

22

15

0

Note: There may be some cases where same disclosure items/indicators are classified into multiple categories, andsuch items/indicators are redundantly counted.
Source: Prepared by Nissay Asset Management Co., Ltd. on the basis of each ESG information disclosure
frameworks/standards.

Comparative Analysis of the ESG Information Disclosure Frameworks/Standards

600

27
27

Fig21: Number of Items & Indicators for the ESG Information Disclosure
Frameworks/Standards (Environment Only)
No of items/indicators

500

471

400

300

200

100

2.2

32

Comparative Analysis of the ESG Information Disclosure Frameworks/Standards

0

55

59

0

0

0

0

Note: There may be some cases where same disclosure items/indicators are classified into multiple categories, andsuch items/indicators are redundantly counted.
Source: Prepared by Nissay Asset Management Co., Ltd. on the basis of each ESG information disclosure
frameworks/standards.

(ii) Classification (Coding) Results
Fig. 22 shows the breakdown of the classification results for the 1,307 items and indicators listedin Step1. (The classification results for each of the disclosure items and indicators are listed inAppendix 1).
As a whole, more than 60% of the disclosure items and indicators are related to “KPIs”. When
you add in the disclosure items and indicators related to “governance”, “recognition of ESG risks
and opportunities” and “strategies and practices”, it is more than 95% overall. This reflects thebreakdown of SASB Standards, which have a large number of disclosure items and indicators related
to these classifications, i.e. its impact to overall results is large.
Fig. 23 shows a comparison of the classification results for the ESG information disclosure
frameworks/standards. It can be confirmed that the percentages are different depending on the ESG
information disclosure frameworks/standards. It is the SASB Standards that have the largest share of“KPIs”

28
28

2
100%

90%

80%

70%

60%

40%

30%

20%

10%

Business model

Message from director and/or management

Communication with stakeholders

2.2
Governance

Identification of materiality

Recognition of ESG risks and opportunities

Strategies and practices

KPIs

0%
Note: There may be some cases where single disclosure items/indicators are classified into multiple categories, andsuch items/indicators are counted repeatedly.
Source: Prepared by Nissay Asset Management Co., Ltd. on the basis of each ESG information disclosure
frameworks/standards.

Comparative Analysis of the ESG Information Disclosure Frameworks/Standards

50%

Summary of organization or businessComparative Analysis of the
ESG Information Disclosure
Frameworks/Standards

Fig22: Proportion of Disclosure Items/Indicators (Overall)

29
29

Fig23: Proportion of Disclosure Items/Indicators by Frameworks/Standards
100%
90%

Summary oforganization orbusiness
Business model

80%
70%
60%
50%

Message from director
and/or management
Communication withstakeholders
Governance

40%

2.2

30%

Identification ofmateriality

20%

Recognition of ESG
risks and opportunities

10%

Strategies andpractices0%

Comparative Analysis of the ESG Information Disclosure Frameworks/Standards

KPIs

Note 1: Illustrative examples of metrics for certain sectors are not counted for TCFD final recommendations.
Note 2: There may be some cases where same disclosure items/indicators are classified into multiple categories, andsuch items/indicators are counted repeatedly.
Source: Prepared by Nissay Asset Management Co., Ltd. on the basis of each ESG information disclosure
frameworks/standards.

(iii) Results of Comparative Analysis
Based on the classification results of Step 2, Fig. 24 shows places where there may be common
parts for the major global ESG information disclosure frameworks/standards. (More details inAppendix 2).
Among the nine classifications, five areas - “governance”, “identification of materiality”,“recognition of ESG risks and opportunities”, “strategies and practices” and “KPIs” - are laid out ineach of the disclosure frameworks/standards, have commonly set certain disclosure items andindicators.
Fig. 25 shows the overview of comparative analysis by adding major ESG information disclosure
frameworks/standards in Japan. With regards to the five areas mentioned earlier - “governance”,“identification of materiality”, “recognition of ESG risks and opportunities”, “strategies andpractices” and “KPIs” - it can be seen that the Environmental Reporting Guidelines 2018 version and
the Guidance for Collaborative Value Creation, and Annual Securities Report commonly require
some kind of disclosure. Since the Corporate Governance Report, which represents one of Japan’s

30
30

2
much overlap with the items that the ESG information disclosure frameworks/standards generally
require for disclosure.
In addition, for the five areas that have emerged as places where common parts may exist(“governance”, “identification of materiality”, “recognition of ESG risks and opportunities”,“strategies and practices” and “KPIs”), they are each considered to be related as shown in Fig. 26.
For those in charge of, or responsible for, information disclosure, it should be effective for them tobe aware of the relationship of five areas and disclose supplemental information about theComparative Analysis of the
ESG Information Disclosure
Frameworks/Standards

mandatory disclosure, focuses on governance related matters, it can be seen that they do not haverelationship as necessary, which would foster better understanding by information users, i.e. investor.

Frameworks/Standards
International <IR>
Framework

GRI Standards

SASB Standards

TCFD Final
Recommendations

○

○

ー

ー

○

ー

ー

ー

Message from director and/or
management

ー

○

ー

ー

Communication withstakeholders

ー

○

ー

ー

○

○

○

○

○

○

○

Utilization of climate
scenario analysis

ーーStrategies and practices

○

○

○

○

○

○

Summary of organization orbusiness
Business model

Mainly qualitative descriptive information(Comprehensive and sys tematic
des cription)

Governance(Structure, discipline and mechanism
etc.)

Identification of materiality(Identification of i mportant ESG
i s sues)

Recognition of ESG risks andopportunities(including recognition and prospects offinancial impacts)

Quantitative
information(For ma terial issues)

KPIs(For ma terial issues)* Specific KPIs are not provided○* Climate change only○○

(Standards designed to reflectmateriality by sector)(Identify sectors that are more likely to befinancially impacted by climate change)○○* Recommend that certain sectors
conduct the scenario analysis○* Climate change only○○
* Climate change only○
* Climate change only

Note: Disclosure items and indicators of each ESG information disclosure frameworks/standards are classified into
categories considered to be most relevant. However, it does not necessarily mean that the items and indicators in eachcategory with a circle (「○」) match exactly with each other.
Source: Nissay Asset Management Co., Ltd.

2.2
Comparative Analysis of the ESG Information Disclosure Frameworks/Standards

Fig24: Overview of Comparative Analysis for Major Global ESG Information Disclosure31
31

Fig25: Overview of Comparative Analysis Results for Major Global and Japanese ESG
Information Disclosure Frameworks/Standards
International<IR>
Fra mework

GRI
Sta ndards

SASB
Sta ndards

TCFD Fi nal
Recommendati ons

Gui dance for
Col l aborative
Va l ue Creation

○

○

ー

ー

－

○

ー

ー

ー

○

Message from director and/or
management

ー

○

ー

ー

－

Communication withstakeholders

ー

○

ー

ー

○

○

○

○

○

○

○

Recognition of ESG risks andopportunities

○

○

○

Utilization of climate
scenario analysis

ー

ー

○

Strategies and practices

○

○

○

○

○

Summary of organization orbusiness
Business model

Governance(Structure, discipline and mechanism
etc.)

Identification of materiality(Identification of i mportant ESG
i s sues)

Comparative Analysis of the ESG Information Disclosure Frameworks/Standards(including recognition and prospects offinancial impacts)(For ma terial issues)

Quantitative
information

2.2

Mainly qualitative descriptive information(Comprehensive and sys tematic
des cription)○

KPIs(For ma terial issues)* Specific KPIs are
not provided○* Climate change
only

○
○
* Climate change
only

○
○
－
○

○
* Environment
only○* Environment
only

Corpora teGovernance
Report

○

〇

〇

ー

〇

－

○

〇

* Environment
only* Special remarks
about relationshipwith labor union, etc.

○
* Environment
only○* Environment
only○* Environment
onlyー* Not requiredto
report, butreferred○* Environment
only

○

○

○

* Climate change
only* Specific KPIs are
not provided* Environment
only

〇

〇

〇

〇

ー

〇

ー

ー

ー

〇

ー

〇
* Provision ofSpecific KPIs islimited〇* Governance
only

Fig26: Relationships among Commonly Required Five Categories
Mainly qualitative descriptive information

Recognition of ESG risks andopportunities(i ncl uding recognition and prospectsof fi nancial impacts)

Utilization of climate scenario
analysis

Strategies and practices

KPIs(For ma terial issues)(For ma terial issues)

Identification of materiality(Identification of i mportant ESG
i s sues)(Structure, discipline and mechanism etc.)

Source: Nissay Asset Management Co., Ltd.

32○
* Climate change
only

○

〇
* Environment
only

AnnualSecuri ties
ReportNote: Disclosure items and indicators of each ESG information disclosure frameworks/standards are classified into
categories considered to be most relevant. However, it does not necessarily mean that the items and indicators in eachcategory with a circle (「○」) match exactly with each other.

Governance32○* Climate change
only

Envi ronmental
ReportingGui delines

Quantitative
information

2
After confirming the possibility of having common parts in disclosure items and indicators related
to “governance”, “identification of materiality”, “recognition of ESG risks and opportunities”,“strategies and practices” and “KPIs”, from here we will try to specifically identify the commonly
required elements.
We first focus on “identification of materiality”. This is because understanding what kind of issues
each of the ESG information disclosure frameworks/standards treat as important leads to aconceptual understanding of what kind of information disclosure is required from a company.

Comparative Analysis of the
ESG Information Disclosure
Frameworks/Standards(iv) Discussions on the Common Parts

Comparing the concept of materiality is an important starting point for figuring out the common
parts.
Fig. 27 summarizes the definition and concept of materiality by the major global ESG information
The ESG information disclosure frameworks/standards can be broadly divided into two types.
One is the GRI Standards that are aware of materiality for multi-stakeholders, including investors.
And the other is the International Integrated Reporting Framework, SASB Standards and TCFD
Final Report that are aware of materiality for investors (financial materiality). Since themulti-stakeholders include investors, naturally, the former has a wider range of materiality than thelatter, and there is a common part between the two.
There are also differences among the three disclosure frameworks/standards that are aware ofmateriality for investors. Specifically, the SASB Standards are set based on the condition that thereis evidence of “investor interest” and “financial impact” in setting disclosure items and indicators 24,
which means conditions for standardization are strict. For example, while it is thought that there islittle disagreement that human capital is important to the management of most companies, the SASB
Standards do not set disclosure items and indicators for human capital for all industries. This isbecause the disclosure items and indicators are set only for the industry where clear evidence can beobtained at the present time. (Of course, there is a possibility that disclosure items and indicators will
be added if new evidence is obtained due to future changes in the external environment, etc.)
On the other hand, in the case of the International Integrated Reporting Framework, there are no
strict rules about the evidence like the SASB Standards. It is totally up to the companies to decide

2.2
Comparative Analysis of the ESG Information Disclosure Frameworks/Standards

disclosure frameworks/standards.

what matters should be determined as material (“matters that substantively affect the organization’s
ability to create value over the short, medium and long term.”).
Consequently, the concept of materiality is considered to be narrower in the SASB Standards thanthe International Integrated Reporting Framework.
For the TCFD Final Recommendation, since they are only limited to things related to climate
24

SASB (2017) “SASB CONCEPTUAL FRAMEWORK”<https://www.sasb.org/wp-content/uploads/2017/02/SASB-Conceptual-Framework.pdf>

33
33

change, as a matter of course, the scope is narrower compared to the International Integrated
Reporting Framework and the SASB Standards that target ESG disclosure overall.
Fig. 28 illustrates the above relationships. Excluding the TCFD Final Recommendations, theconcept of SASB Standards as to the materiality is positioned most in the overlapping parts(common parts). (As for why the TCFD Final Recommendations are not completely included in the
SASB Standards in Fig. 28, it will be explained later.)With regards to the materiality of the SASB Standards, Appendix 3 lists the “disclosure topics”
that the SASB Standards set by industry.
Fig27: Definitions & Approaches for Materiality by the Major Global ESG Information

2.2

Classification

Comparative Analysis of the ESG Information Disclosure Frameworks/Standards

GRI Standards

Multi-stakeholder

Definition and Concept of Materiality-

Topic that reflects a reporting organization’smateriality

significant economic, environmental and social(including investors)

impacts; or-Topic that substantively influences theassessments and decisions of stakeholders

International

Investor materiality

Matters that substantively affect the<IR> Framework（Financialorganization’s ability to create value over the short,materiality）

medium and long term

SASB Standards

A minimum set of sustainability issues most likely toimpact the operating performance or financial
condition of the typical company in an industry,
regardless of location*

Setting disclosure items/indicators based on“evidence of investor interest” and “evidence offinancial impact”
TCFD Final

Material information which public companies have a

Recommendations

legal obligation to disclose in their financial filings*

In most G20 jurisdictions, public companies havea legal obligation to disclose material information
including material climate-related information
Sources: Prepared by Nissay Asset Management Co., Ltd. on the basis of "GRI 101: Foundation 2016", International
Integrated Reporting Framework, SASB website, TCFD Final Recommendations and other data and materials.

34
34

2
SASB Standards
GRI Standards

International <IR>
Framework

TCFD Final
Recommendations

While the comparison of materiality concepts revealed that the most of SASB Standards could bepositioned in the common parts, it is natural that some match, other do not at each disclosure item
and indicator level. From here, with regards to the remaining four areas (“governance”, “recognitionof ESG risks and opportunities”, “strategies and practices” and “KPIs”), we will consider the
specific common points at the disclosure item and indicator level.
First, with regards to the four areas, Fig. 29 shows a comparison of what disclosure items andindicators are set by the major global ESG information disclosure frameworks/standards.
Among the four, with regards to three of them - “governance”, “recognition of ESG risks andopportunities” and “strategies and practices” - basically, cross-cutting disclosure items and indicators
common to industries and ESG issues have been set, excluding the SASB Standards.
For example, with regards to “recognition of ESG risks and opportunities”, the International
Integrated Reporting Framework and the GRI Standards have each set the following disclosure
items.
The content elements of the International Integrated Reporting Framework with regards

2.2
Comparative Analysis of the ESG Information Disclosure Frameworks/Standards

Sources: Prepared by Nissay Asset Management Co., Ltd. on the basis of "GRI 101: Foundation 2016", International
Integrated Reporting Framework, SASB website, TCFD Final Recommendations and other data and materials.

Comparative Analysis of the
ESG Information Disclosure
Frameworks/Standards

Fig28: Scope of Disclosure Information based on Comparison of Materiality Concepts

to “recognition of ESG risks and opportunities” (excerpt)
Content element A-2: External environment
What are the circumstances under which it operates?
Content element D-1: Risks and opportunities
What are the specific risks and opportunities that affect the organization’s ability to create
value over the short, medium and long-term?

35
35

Content element G: Outlook
What challenges and uncertainties is the organization likely to encounter in pursuing its
strategy, and what are the potential implications for its business model and future
performance?
The disclosure items of the GRI Standards with regards to “recognition of ESG risks andopportunities” (excerpt)
Disclosure 102-15: Key impacts, risks, and opportunities
a. A description of key impacts, risks, and opportunities.
Source: IIRC “International Integrated Reporting Framewor”, and GRI “GRI 102: General Disclosure Items 2016”

2.2

In contrast, the SASB Standards have set disclosure items about “recognition of ESG risks andComparative Analysis of the ESG Information Disclosure Frameworks/Standards

opportunities” with regards to individually specific ESG issues for each of 77 industries (see thebelow box). These are more specific than the items required by the International Integrated
Reporting Framework and the GRI Standards.
The disclosure items of the SASB Standards with regards to “recognition of ESG risks
and opportunities” (example)
SASB Standards: Consumer Goods (Apparel, Accessories & Footwear)
Description of environmental and social risks associated with sourcing propriety raw
materials.
SASB Standards: Infrastructure (Home Builders)
Description of risks and opportunities related to incorporating resource efficiency into homedesign, and how benefits are communicated to customers.
Note: These are illustrations of disclosure items and indicators for two industries.
Source: SASB “Apparel, Accessories & Footwear, Sustainability Accounting Standard, Version 2018-10”, and“Home Builders, Sustainability Accounting Standard, Version 2018-10”

Besides “recognition of ESG risks and opportunities”, these trends are the same for “governance”
and “strategies and practices”. As for the disclosure items that fall under these three areas, thedisclosure items of the International Integrated Reporting Framework and GRI Standards arebasically cross-cutting content common to sector and ESG issues, while the SASB Standards are
more specific at the industry and ESG issue level. Of course, disclosures in line with the SASB
Standards do not always fully meet the requirements of the International Integrated Reporting
Framework and GRI Standards, but at least the specific disclosure items for each sector/industry and

36
36

2
evaluation frameworks/standards.
On the other hand, with regards to “KPIs”, in addition to the SASB Standards, the GRI Standards
also set specific indicators for ESG issues, and there are a mix of common and non-common ones.
Consequently, the SASB Standards do not necessarily correspond to the common points as is. It isnoted that the TCFD Final Recommendations encourage disclosure of greenhouse gas emissions,and this is basically common to the GRI Standards and SASB Standards 25.
Summarizing above discussion, Fig. 29 shows where the common parts are located within the

Comparative Analysis of the
ESG Information Disclosure
Frameworks/Standards

ESG issue set by the SASB Standards are deemed to be common parts with the major global ESG

major global ESG information disclosure frameworks/standards. Appendix 3 shows the lists where
we extracted what we regard as common part at the level of disclosure items and indicators by sector,
together with simplifying the expressions and integrating similar items/indicators into a single one
indicators set by each disclosure frameworks/standards one by one, we only have limited items thatclearly falls either “common” or “not common”. Rather, there was a mixture of those that areconsidered to be partially matched, those that are considered to be related in a complex manner tothree or more disclosure items and indicators, and those that are considered to be a subset (onedisclosure item and indicator that is considered to be completely included in another), making forcomplicated relationships. Therefore, it is often difficult to clearly delineate the common parts anddifferences, and to precisely separate out only the common parts.
Such a fact is considered to be one of the causes of confusion about ESG information disclosure
frameworks/standards. Also, this fact has given rise to discussions about an improvement in theconsistency of ESG information disclosure frameworks/standards, and the convergence (unification)of their content, as will be discussed later in 2.3.1 and 2.3.2,
Again, the details listed in Appendix 3 are the result of an attempt to extract elements that are
deemed to be common, but it should be noted that it does not necessarily ensure an exactingness 26.

2.2
Comparative Analysis of the ESG Information Disclosure Frameworks/Standards

when there existed multiple related items/indicators. When comparing disclosure items and25

However, with regards to disclosure of Scope 3 emissions, there is a difference between the recommendations in
the TCFD Final Report and the SASB Standards. This point will be explained later.
26
When actually utilizing these, please also refer to the original documents for each of the ESG information
disclosure frameworks/standards.

37
37

Fig29: Location of Common Parts for Major Global ESG Information Disclosure
Frameworks/Standards
International <IR>
Framework

Focus on qualitative descriptive information

Governance•(Structure, discipline andmechanism etc.)

General guidance applicable
to all sectors/ESG issues

Quantitative
information

Comparative Analysis of the ESG Information Disclosure Frameworks/Standards
38•

General disclosure items
applicable to all sectors/ESG
issues(Certain ESG issue-specificdisclosure items are included)

TCFD Final
Recommendations

SASB Standards•

General guidance applicable
to all sectors/ESG issues,and sector specificdisclosure items on certain
ESG issue•

General guidance applicable
to all sectors(There are additional guidelines
for certain sectors)

Here arecommon parts
Recognition of ESG risks
and opportunities•

General guidance applicable
to all sectors/ESG issues(including recognition andprospects of financial impacts))

Strategies and practices•(For material issues)

General guidance applicable
to all sectors/ESG issues

2.2

38

GRI Standards

KPIs(For material issues)•

General guidance applicable
to all sectors/ESG issues•

General disclosure items
applicable to all sectors/ESG
issues(Certain ESG issue-specificdisclosure items are included)••

General disclosure items
applicable to all sectors/ESG
issues(Certain ESG issue-specificdisclosure items are included)

•

•

•

Specific disclosure
indicators for each ESG
issue

Specific disclosure items foreach sector and ESG issue

Here arecommon parts
Specific disclosure items foreach sector and ESG issue

Here arecommon parts
Specific disclosure
indicators for each sectorand ESG issue

Some of them arecommon parts•

General guidance applicable
to all sectors(There are additional guidelines
for certain sectors)•

General guidance applicable
to all sectors(There are additional guidelines
for certain sectors)•

General guidance applicable
to all sectors• Disclosure of GHG emissions(There are examples of other
KPIs for certain sectors)

Source: Prepared by Nissay Asset Management Co., Ltd. on the basis of each ESG information disclosure
frameworks/standards.

2
The SASB Standards, the first codified version of which was published in November 2018, arerelatively new among the major global ESG information disclosure frameworks/standards, but anincreasing number of companies disclose ESG information in accordance with the disclosure items
and indicators set by the SASB Standards. For example, at each of JetBlue Airways, General
Motors, Nike and SK Telecom, the following tables were included in their sustainability and/or
annual reports. For investors who want to use the disclosure items and indicators of the SASB

Comparative Analysis of the
ESG Information Disclosure
Frameworks/Standards

Example of information disclosure by companies overseas in line with the SASB Standards

Standards, it also functions as a table of contents, and is considered to be highly convenient.

2.2
Comparative Analysis of the ESG Information Disclosure Frameworks/Standards<Information disclosure by JetBlue (U.S.) in line with the SASB Standards>

Source: JetBlue “2017 Environmental Social Governance Report” pp. 3<https://www.jetblue.com/sustainability/reporting>39
39

<Information disclosure by General Motors (U.S.) in line with the SASB Standards>

2.2
Comparative Analysis of the ESG Information Disclosure Frameworks/Standards

40
40

Source: General Motors “2017 Sustainability Report” pp. 170<https://www.gmsustainability.com/_pdf/downloads/GM_2017_SR.pdf>

2Comparative Analysis of the
ESG Information Disclosure
Frameworks/Standards<Information disclosure by Nike (U.S.) in line with the SASB Standards>

2.2
Comparative Analysis of the ESG Information Disclosure Frameworks/Standards

Source: Nike <https://s1.q4cdn.com/806093406/files/doc_downloads/NIKE-SASB-FY1617-SBR.pdf>

41
41

<Information disclosure by SK Telecom (South Korea) in line with the SASB Standards>

2.2
Comparative Analysis of the ESG Information Disclosure Frameworks/Standards

Source: SK Telecom “Annual Report 2017” pp. 148<https://www.sktelecom.com/img/eng/annual/20180705/2017SKTAReng3.pdf>(v) Discussions on the Differences
Having considered the common parts, we will now discuss some of the features and differencesthat have emerged through the comparative analysis of the major global ESG information disclosure
frameworks/standards.
The International Integrated Reporting Framework does not contradict to any the otherframeworks/standards
As mentioned above, the International Integrated Reporting Framework is based on a

42
42

2
“framework”, and since it is different from a “standard”, it is not considered to be contradictory to
the GRI Standards or SASB Standards 27. GRI and SASB themselves also make the assertion that theInternational Integrated Reporting Framework has a complementary relationship to their own
standards 28.
Dr. Robert G. Eccles (Oxford University), a member of the IIRC Council and the former chair of
SASB, points out as follows.
“The IIRC has established a high-level, principle-based framework for integrated reporting. From

Comparative Analysis of the
ESG Information Disclosure
Frameworks/Standards

principle-based approach, and it does not set any specific disclosure items and indicators. It is only a

its inception, it was clear that it had no intention of becoming a standard setter for how specificpieces of information should be measured and reported. As that is the work of the other threeorganizations (note: GRI, SASB, etc.), their missions are clearly complementary to the IIRC. Eachintegrated report 29.”
The ultimate goal of producing an integrated report is “to explain to providers of financial capital
how an organization creates value over time 30.” Few investors will argue against this philosophy. It
is thought that investors who utilize ESG information, especially with judgemental investing,generally have higher needs for integrated reporting by companies 31. In order to improve corporate
IR, it could be worth pursuing to produce higher quality integrated reports by effectively utilizing thedisclosure items and indicators specified by the GRI Standards and SASB Standards 32.
Business models disclosure is the key characteristic of the International Integrated Reporting
Framework
One other characteristic of the International Integrated Reporting Framework is the fact that theyrequire disclosure of business models. Of course, many of the disclosure items and indicators set by
the GRI Standards and SASB Standards are also more or less somewhat related to the businessmodels of companies. However, the business model disclosure required by the International
27

Based on the interview surveys.
Based on GRI “Integrated Reporting”<https://www.globalreporting.org/information/current-priorities/integrated-reporting/Pages/default.aspx>, andmaterials provided by SASB.
29
Eccles, R. G. and Krzus, M. P. (2014) The integrated reporting movement: Meaning, momentum, motives, andmateriality. John Wiley & Sons, pp. 289.
30
IIRC “International Integrated Reporting Framework”, pp. 7.
31
For example, GPIF seeks for investment management institutions to actively use the integrated reports, and as partof that, they compile and publish the “excellent integrated reports” and “most improved integrated reports” selectedby the investment management institutions that are contracted to invest in Japanese stocks. (GPIF (2019) “Excellent
Integrated Reports and Most-improved Integrated Reports selected by GPIF’s asset managers entrusted with domestic
equity investment”<https://www.gpif.go.jp/en/investment/20190304_excellent_and_most_improved_integrated_reports_2018.pdf>)
32
With regards to the disclosure of KPI, in the interview surveys, it was pointed out that as companies makedisclosures in relation to their operating results and financial conditions, the usefulness of the information forinvestors is increased.
28

2.2
Comparative Analysis of the ESG Information Disclosure Frameworks/Standards

can provide input to a company about the nonfinancial information it decide to include in its

43
43

Integrated Reporting Framework is clearly different from other disclosure frameworks/standards. It
treats business models as a “system of transforming input into outputs and outcomes” and requires
comprehensive and systematic disclosure of that mechanism.
While the disclosure of business models is not commonly required by the ESG information
disclosure frameworks/standards, it is useful for investros, especially for fundamentals analysis, tounderstand companies deeply and to improve investment decision making. That is to say, thebusiness model disclosure has a high demand from investors who utilize ESG information, thus forcorporate IR, while being aware of the common parts, when aiming to further enhance ESG
information disclosure from there, it is also worthwhile to consider the disclosure of businessmodels.

2.2Comparative Analysis of the ESG Information Disclosure Frameworks/Standards

Business model disclosure in the International Integrated Reporting Framework〇 About business model
An organization’s system of transforming inputs through its business activities into outputs andoutcomes that aims to fulfil the organization’s strategic purposes and create value over the short,medium and long term.
<The value creation process in the International Integrated Reporting Framework>

Source: IIRC “International Integrated Reporting Framework”, pp. 13.

44
44

2
-

Key inputs-

Key business activities-

Key outputs-

Key outcomes〇 Features that can enhance the effectiveness and readability of the description-

Explicit identification of the key elements of the business model-

A simple diagram highlighting key elements, supported by a clear explanation of the relevanceComparative Analysis of the
ESG Information Disclosure
Frameworks/Standards〇 Components of the descriptionof those elements to the organization
Narrative flow that is logical given the particular circumstances of the organization-

Identification of critical stakeholder and other (e.g., raw material) dependencies and importantfactors affecting the external environment-

Connection to information covered by other Content Elements, such as strategy, risks andopportunities, and performance (including KPIs and financial considerations, like cost
containment and revenues)

Source: Prepared by Nissay Asset Management based on the IIRC “International Integrated Reporting Framework”.

Column 1: Business Model in Business Administration Research
Today, the phrase “business model” is regularly used in business settings, but it is a very
ambiguous and abstract phrase, and its meaning may often differ depending on the user.
Such a situation seems to be similar in business administration research.
It has been pointed out that historically newspaper articles or studies dealing with business models
have rapidly increased since around 1995 33. This was in the second half of the 1990s when thedevelopment of information and communications technology has led rapid spread of e-commerce.
Information and communications technology has diversified the systems and methods with regards

2.2
Comparative Analysis of the ESG Information Disclosure Frameworks/Standards-

to “how do companies earn money” and “how do companies create value”. This has led researchersand practitioners to become interested in “business models”.

33

Ghaziani, A., and Ventresca, M. J. (2005) “Keywords and cultural change: Frame analysis of business model
public talk, 1975–2000” Sociological Forum, Vol. 20, No. 4, pp. 523-559: Zott, C., Amit, R., and Massa, L. (2011)“The business model: recent developments and future research” Journal of management, Vol. 37, No. 4, pp.
1019-1042

45
45

Yao Jun, an associate professor at Meiji University, has published a study about business models
and information disclosure 34. In the study he points out that, the following trend is seen in how tolook at business models in prior research, “because business models have various concepts andcomponents, and there is not a unified view in practice and in theory, how to disclose a businessmodel is a big challenge for companies. 35”-

Value is positioned in the core concept of the business model.

-

The process of value creation of a company is not captured as static process, but as a dynamic
process and mechanism. It shows what kind of organization and financial structure a company
should attains, how a company should carry out its business activities, and how to use its

2.2

resources and capabilities to realize its value.
-

It explains the business activities and value creation of a company from a holistic point of view,

Comparative Analysis of the ESG Information Disclosure Frameworks/Standards

not a specific one. It is a mechanism that includes various elements, and is a system composedof components, link dynamics and others.

The difference between the GRI Standards and the SASB Standards
The GRI Standards and the SASB Standards, which adopt a rule-based approach, both require alarge amount of information disclosure related to “KPIs” In fact, as confirmed in Fig. 23, about 70%of the disclosure items and indicators set in the SASB Standards are classified as “KPIs”, and about
50% in the GRI Standards.
However, the two standards clearly differ in their view of sustainability, and the purpose of theinformation disclosure (Fig. 30).
The word “sustainability” has come to be used frequently these days, but it is a word where it iseasy for people to have different ideas about it. The interpretation of the word “sustainability” isoften different depending on the users 36.
While the word “sustainability” is repeatedly used in the GRI Standards and the SASB Standards,
the meaning in each is clearly different. The former uses it to mean “sustainability of the planet andsocial systems”, while the latter uses it to mean “corporate sustainability”.
This difference clearly appears in the differences between the disclosure items and indicators of
the two standards (Fig. 30).
34
Yao J. (2016) “Business Models and Corporate Reports” The Doshisha Business Review, Vol. 67, No. 4, pp369-382 (in Japanese).
35
Ibid, pp. 380 (in Japanese).
36
The ambiguity of the word sustainability and how it is used is detailed Kawaguchi M. (2006) “What is
Sustainability?” DIR Strategic Management Research, Vol. 9, pp 30-59.

46
46

2
and they both commonly seek disclosure about the amount of energy that a company consumes
through its own production activities, and the proportion of renewable energy.
However, looking at the disclosure items and indicators related to energy consumption associatedwith the use of products and/or services by consumers/clients, the two standards are clearly different.
Specifically, the GRI Standards require disclosure of “how much the environmental efficiency of the
products and services improved” (= impact on the planet), while the SASB Standards require
disclosure of “how many products and services were sold that had a better environmental efficiency,

Comparative Analysis of the
ESG Information Disclosure
Frameworks/Standards

For example, both standards have disclosure items and indicators related to energy consumption,

and/or the amount of revenue from them” (= impact on business results).
Fig30: Comparison of the GRI Standards and the SASB Standards
SASB Standards

Definition of

Development which meets the needs ofCorporate activities that maintain or‘sustainability’

the present without compromising theenhance the ability of the company toability of future generations to meetcreate value over the long term

their own needs(= Corporate Sustainability)(= Sustainability of the planet andsocial systems)
Purpose ofReporting organization’s

economic,

Disclosure of a minimum set of

information

environmental, and/or social impacts

sustainability issues most likely todisclosure（organization’s positive and negative

impact the operating performance orcontributions towards the goal of

financial condition of the typicalsustainable development）

company in an industry, regardless oflocation

Examples of

GRI 302: Energy 2016

SASB Standards: 27 sectors,

almost common

Disclosure 302-1

including Steel and Chemical

KPIs

Energy consumption within the・(1) Total energy consumed, (2)organization

percentage grid electricity, (3)a. Total fuel consumption within thepercentage renewableorganization from non-renewablesources, in joules or multiples, andincluding fuel types used.

2.2
Comparative Analysis of the ESG Information Disclosure Frameworks/Standards

GRI Standards

b. Total fuel consumption within theorganization from renewable sources,
in joules or multiples, and including
fuel types used.
Examples of

GRI 302: Energy 2016

SASB Standards: Automotive

different KPIs

Disclosure 302-5

・Number of (1) zero emission vehicles

Reductions in energy requirements of(ZEV), (2) hybrid vehicles, and (3)4747products and services

plug-in hybrid vehicles solda. Reductions in energy requirementsof sold products and services achieved

SASB Standards: Automotive Parts

during the reporting period, in joules or・Revenue from products designed tomultiples.

increase fuel efficiency and/or reduceb. Basis for calculating reductions inemissionsenergy consumption, such as base year
or baseline including the rationale forchoosing it.
c. Standards, methodologies,
assumptions, and/or calculation tools

2.2

used.

Comparative Analysis of the ESG Information Disclosure Frameworks/Standards

Source: Prepared by Nissay Asset Management Co., Ltd. on the basis of GRI Standards, SASB Standards, and othervarious materials.

The SASB Standards are an “implementation tool” of the TCFD Final Recommendations
With regards to the relationship between the TCFD Final Recommendations and the SASB
Standards, SASB has pointed out that the content of the TCFD Final Recommendations is aframework that shows basic concepts, and it does not set individually specified disclosure items andindicators. The SASB Standards can play a role as the “implementation tool” when companies
conduct information disclosure in line with the TCFD Final Report. 37
That is to say, both the SASB Standards and the TCFD Final Recommendations seek financiallymaterial information disclosure that helps investors 38 make economic decisions. The two are said tobe complementary, not contradictory.
But this does not mean that there are no differences between the two.
Fig. 31 shows the mapping of TCFD Final Recommendations and the SASB Standards. There arethree main differences between the two as follows.


The first difference is that, with regards to the recommendations for “Governance” and “RiskManagement” in the TCFD Final Recommendations, it should be disclosed regardless ofwhether it is financially material or not. In addition, with regards to “Strategy” and “Metrics
and Targets” as well, it requires disclosure for all companies belonging to the “non-financial

37

SASB (2017) “Frequently Asked Questions: Understanding How SASB Standards and TCFD Recommendations
are Complementary”<https://www.fsb-tcfd.org/wp-content/uploads/2017/12/SASB-SASB-Standards-TCFD-Recommendations-FAQ-14Dec-2017.pdf>
38
However, for the TCFD Final Report, the entire financial sector, including investors, is positioned as the user ofthe disclosure information.

48
48

2
disclosure items and indicators only with regards to industries where it is financially material.
On this point, since TCFD “cautions organizations against prematurely concluding thatclimate-related risks and opportunities are not material” 40, it requires disclosure regardless ofwhether it is financially material or not. Similarly, even for large companies that are part of
the non-financial group, given the size of greenhouse gas emissions and the high degree of
dependence on water resources, etc., they are uniformly required to disclose as it is likely to
be material in financial terms.
Comparative Analysis of the
ESG Information Disclosure
Frameworks/Standards

group” 39 whose revenue exceed $1.0 billion. On the other hand, SASB Standards set

The second difference is with regards to climate scenario analysis. Climate scenario analysis
is one of the biggest features of the TCFD Final Recommendations. The SASB Standards
also require climate scenario analysis on specific matters for certain industries (to becompared to the TCFD Final Recommendations, which require climate scenario analysis fora wider range of companies.



The third difference is with regards to disclosure of the Scope 3 emissions 41. While the
TCFD Final Recommendations require disclosure of the Scope 3 emissions if appropriate,
the SASB Standards basically do not require disclosure of the Scope 3 emissions. Also. while
the TCFD Final Recommendations require disclosure of the Scope 2 emissions, in the case of
the SASB Standards, there are minor differences as disclosure is required in the form of theamount of energy consumed.

While there are some clear differences between the two, the differences are not such that thecomplementary relationship between the two is impaired. The first codified version of the SASB
Standards was published after the TCFD Final Recommendations was published in June 2017, and it
was developed with an awareness of the contents of the TCFD Final Recommendations.

2.2
Comparative Analysis of the ESG Information Disclosure Frameworks/Standards

explained later), but it can be said that the requirements of the SASB Standards are narrow

39

In the TCFD Final Recommendations, the non-financial group is defined as the sectors which are more likely to befinancially impacted by climate change. Specifically, it consists of the industries for energy, transportation, materials
and buildings, agriculture, food, and forest products.
40
TCFD (2017) pp. 33-34.
41
Greenhouse gas emissions are classified according to the scope of activity as follows. Scope 1 refers to directemissions of greenhouse gases by companies themselves, Scope 2 refers to indirect emissions associated with the useof electricity, heat, and steam supplied by others, and Scope 3 refers to indirect emissions other than Scope 2.

4949

Fig31: Mapping of the TCFD Final Recommendations and the SASB Standards
Targeted organization fordisclosure by TCFD

Recommended disclosures by TCFD

Governance

Stra tegya) Des cribe the board’s oversight of clima te-related risks and opportuni ties.
b) Des cribe management’s role i n assessing and managing cl imate-related
ri s ks and opportunities.

All organizations should
disclose rega rdless of whether
financially material or not〇

Orga ni zations should disclose
if financially material.
However, all non-financialgroup with more than $1
billion revenue should be
disclosed〇a ) Describe the cl imate-related risks and opportunities the organization
ha s identified over the short, medium, and long term.
b) Des cribe the impact of climate related risks and opportunities on theorga nization’s businesses, strategy, a nd financial planning.
c) Des cribe the resilience of the organization’s strategy, taking into
cons ideration different cl imate-related scenarios, i ncluding a 2°C orl ower scenario.

Ri s k
Ma na gementc) Des cribe how processes for identifyi ng, assessing, and managing
cl i mate-related risks are integrated i nto the organization’s overall risk
ma nagement.

2.2
Comparative Analysis of the ESG Information Disclosure Frameworks/Standards

5050a ) Describe the organization’s processes for identifyi ng and assessing
cl i mate-related risks.
b) Des cribe the organiza tion’s processes for managing clima te-rela ted risks .

Metri cs andTa rgets

Relevant disclosure
items/indicators
defined by SASB〇〇△
(pa rtially a ddressed)〇
All organizations should
disclose rega rdless of whether
financially material or nota ) Di sclose the metrics used by the organization to assess climate related
ri s ks and opportunities in line with its strategy a nd ri sk management
process.
b) Di sclose Scope 1, Scope 2, a nd, i f a ppropriate, Scope 3 greenhouse gas(GHG) emissions, and the related ri sks.
c) Des cribe the targets used by the organization to manage
cl i mate-related risks and opportunities a nd performance a gainst targets.

〇〇

Orga ni zations should disclose
if financially material.
However, all non-financialgroup with more than $1
billion revenue should be
disclosed〇△(pa rtially a ddressed)〇

Source: Prepared by Nissay Asset Management Co., Ltd. on the basis of the contents described in TCFD Final
Recommendations, SASB website and SASB Symposium (New York, December 2018) and the interview surveys.

Climate scenario analysis and the SASB Standards
The TCFD Final Recommendations require disclosure of climate scenario analysis for allcompanies where climate change is financially material, and all companies belonging to thenon-financial group with more than $1.0 billion revenue regardless of whether it is material or not.
However, the SASB Standards require 12 out of 77 industries to perform and disclose climate
scenario analysis for specific matters (Fig. 32). While limited to certain industries, for companies
that fall under these industries, in terms of dealing with climate scenario analysis for TCFD
disclosure, the details of the SASB Standards would be helpful.

2
Climate Scenario Analysis
TCFD Final Recommendations
Sector more likely to be financially impacted by climate change
FinancialsectorBanks
Insurance Companies
Asset Owners

Nonfinancialgroup

Asset Managers
EnergyOil and Gas
Coal

SASB Standards
SASB industry (subsector) corresponding to
Outline of proposed climate scenario analysis
TCFD sector
Commercial Banks
Analysis of climate-related risks impacting on commercial and industrial credit portfolios
Analysis of climate-related risks impacting on investment banking and brokerage activities
Investment Banking & Brokerage
Insurance
Analysis of climate-related risks impacting on investment portfolios
Analysis of probable maximum loss of insured products from weather related natural catastrophes
n/aAsset Management & Custody Activities
Analysis of climate-related risks impacting on investment portfolios
Oil & Gas – Exploration & Production
Coal Operations

Electric Utilities

n/aTransportation
Air Freight
Passenger Air Transportation
Maritime Transportation
Rail Transportation
Trucking Services
Automobiles and Components

n/a
n/a
n/a
n/a
n/a
n/a

Home Builders
Real Estate
Engneering & Construction Services

Agriculture, Food and Forest Products
Beverages
Agriculture
Packaged Foods and Meats
Paper and Forest Products

2.2

n/a
n/a
n/a
n/a

n/a
Agricultural Products
Meat, Poultry & Dairy
Forestry Management

Analysis of extreme weather, water shortage and tighter regulations impacting on regional
infrastructure, local economy, business, etc.
Analysis of extreme weather, water shortage and tighter regulations impacting on regional
infrastructure, local economy, tenant demand, etc.
Analysis of baklog for hydrocarbon-related projects, renewable energy projects, and non-energy
projects associated with climate change mitigation.

Analysis of climate changes impacting on principal crops
Analysis of climate changes impacting on feed sourcing
Analysis of climate changes impacting on forest management and timber production

Source: Prepared by Nissay Asset Management Co., Ltd. on the basis of TCFD Final Recommendations and SASB
Standards.

Recommendations of the disclosure regarding the climate scenario analysis in the SASB
Standards
Among the industries for which the SASB Standards require climate scenario analysis (Fig. 32),
the details of the recommendations are introduced below for Oil and Gas – Exploration &Production and Coal Operation industries in the Extractive & Minerals Processing sector, and theInsurance industry in the Financial sector.


Oil and Gas – Exploration & Production and Coal Operation

Comparative Analysis of the ESG Information Disclosure Frameworks/Standards

Materials and Buildings
Metals and Mining
Chemicals
Construction Materials
Capital Goods
Real Estate Management andDevelopment

Sensitivity analysis of hydrocarbon reserve levels to future price projection scenarios that accountfor a price on carbon emissions
Sensitivity analysis of coal researve levels to future price projection scenarios that account for a
price on carbon emissions

Comparative Analysis of the
ESG Information Disclosure
Frameworks/Standards

Fig32: Mapping of the TCFD Final Recommendations and the SASB Standards Regarding

For these industries, the SASB Standards recommend sensitivity analysis disclosure with regards
to how will the economically recoverable reserves of oil, gas and coal resources owned by thecompanies be affected by future climate change (current reserves of underground resources that canbe mined and are economically profitable).
The climate scenarios sought by the SASB Standards are three scenarios by the International
Energy Agency (IEA). They are the “Current Policies Scenario” that assumes that only current andestablished policies are implemented, the “New Policies Scenario” that assumes that climate change

51
51

measures declared by each country will be implemented, and the “Sustainable Development
Scenario” that assumes that the policies necessary to keep the global temperature rise to within 2°C
will be implemented. The SASB Standards recommend that companies disclose the proven reserves
and probable reserves they hold by using a table like the following.
<Disclosure format example for the SASB Standards>
Price case
Scenario

Proven reserves

Probable reserves

Oil

Gas

Product A

Oil

Gas

Product A(MMbbls)(MMscf)(measure)(MMbbls)(MMscf)(measure)

Current Policies

2.2

Scenario

Comparative Analysis of the ESG Information Disclosure Frameworks/Standards

New Policies
Scenario
Sustainable
Development
Scenario
Source: Provisional translation by Nissay Asset Management based on the SASB “Oil & Gas – Exploration &Production, Sustainability Accounting Standard, Version 2018-10” pp. 38.

Price case
Scenario

Proven reserves

Probable reserves

Coal

Product A

Coal

Product A(tons)(measure)(tons)(measure)

Current Policies
Scenario
New Policies Scenario
Sustainable
Development Scenario
Source: Provisional translation by Nissay Asset Management based on the SASB “Coal Operations, Sustainability
Accounting Standard, Version 2018-10” pp. 32.



52
52

Insurance

2
Maximum Loss (PML) regarding the risk for the occurrence of natural disasters associated withclimate change, etc.
Specifically, for at least three cases where the probability of occurrence is 2% (1-in-50), 1%(1-in-100), and 0.4% (1-in-250), using the following table, it requires disclosure of both the gross
PML before the reinsurance deductible, and the net PML after the reinsurance deductible. At thattime, it is recommended to also include the climate scenarios based on the TCFD Final
Recommendations.

Comparative Analysis of the
ESG Information Disclosure
Frameworks/Standards

With regards to insurance companies, the SASB Standards recommend disclosure of Probable<Disclosure format example for the SASB Standards>
Gross PML
1-in-100

1-in-250

1-in-50

1-in-100

1-in-250

Hurricanes(Typhoons)
Tornadoes
Tsunamis
FloodsDroughts
Extreme Heat
Winter Weather
Net PML
Hurricanes(Typhoons)
Tornadoes
Tsunamis
FloodsDroughts
Extreme Heat
Winter Weather

2.2
Comparative Analysis of the ESG Information Disclosure Frameworks/Standards

1-in-50

Source: Provisional translation by Nissay Asset Management based on the SASB “Insurance, Sustainability
Accounting Standard, Version 2018-10” pp. 20.

53
53

Examples of disclosure of climate scenario analysis by Japanese and overseas companies
In September 2018, the TCFD published its first “Status Report” 42 since it released the Final
Recommendations. With regards to each of the TCFD recommendations, the report looks at thestatus of disclosure by companies.
The below table shows the results of a survey targeting the 200 major companies belonging to the“non-financial group” 43 that TCFD has identified as being part of sectors that are particularly likely
to have a financial impact from climate change (regardless of whether they have stated support for
the TCFD). This survey is the only analysis of the presence or absence of relevant information
disclosure, and it should be noted that the content (degree) of the disclosure is not considered, but for
many of the large companies that have a strong relationship with climate change, it can be seen that

2.2

they have already disclosed certain information related to the TCFD recommendations.

Comparative Analysis of the ESG Information Disclosure Frameworks/Standards<Disclosure status for each of the TCFD Final Recommendations (200 companies)>

Note: For the details of a, b and c in the table, refer to Fig. 31.
Source: TCFD (2018) pp. 9

However, there are recommended items where the disclosures are clearly less, such as disclosureswith regards to climate scenario analysis (Strategy c in the table). From such a fact, climate scenario
analysis can be seen as an unprecedented new attempt by many companies trying to address the
TCFD Final Recommendations.
Below, we introduce examples of disclosures by companies in Japan and overseas with regards toclimate scenario analysis.
42
TCFD (2018) “Task Force on Climate-related Financial Disclosures: 2018 Status Report”<https://www.fsb-tcfd.org/wp-content/uploads/2018/08/FINAL-2018-TCFD-Status-Report-092518.pdf>
43
See footnote 39.

54
54

2
Bloomberg L.P.
Bloomberg, a leading financial information services company, has done analysis about the impact
on their business of two scenarios - a scenario where the rise in global temperatures can be kept towithin 2°C as a result of climate change mitigations, and a scenario where temperatures rise morethan 2°C.
In addition to explaining the potential consequences of both scenarios, the analysis results also
show the size of the quantitative impact on the company's revenue and expenses, as well as thetimeline until the impact becomes apparent.

Comparative Analysis of the
ESG Information Disclosure
Frameworks/Standards

<Disclosure example of climate scenario analysis by Bloomberg>

2.2

Chevron Corporation
The U.S. energy giant Chevron Corporation did scenario analysis on the resilience of its businessportfolio using the “Sustainable Development Scenario” by the International Energy Agency (IEA).

Comparative Analysis of the ESG Information Disclosure Frameworks/Standards

Source: Bloomberg “Impact Report 2017” pp. 20-21.
<https://data.bloomberglp.com/company/sites/39/2018/07/Bloomberg-Sustainability-Impact-Report-2017-Web-3.pdf>

Specifically, using crude oil and natural gas supply and demand forecasts under this scenario, itcalculated the expected future prices for crude oil and natural gas. For the upstream businesses, suchas exploration, development, drilling and transportation, and the downstream and chemicalbusinesses, such as refining and production, they analyzed short-term (within 10 years) andlong-term (after 10 years) impacts.
As a result of the analysis, for example, in the upstream business, while the rise in crude oil prices
is controlled in the short term, there is progress in utilizing existing oil fields and investments for55
55

cost reductions. In addition, high returns can be expected with relatively low risk by utilizing
existing oil fields. Also, while crude oil prices will continue to be sluggish in the long run, it showsan outlook that profits are not necessarily affected as the total investment cost is reduced as well.
<Disclosure example of climate scenario analysis by the Chevron Corporation>

2.2
Comparative Analysis of the ESG Information Disclosure Frameworks/Standards
Source: Chevron “Climate change resilience a framework for decision making” pp. 33.
<https://www.chevron.com/-/media/shared-media/documents/climate-change-resilience.pdf>

56
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2
Kirin Holdings
Kirin Holdings, a leading beverage producer, has done scenario analysis using scenarios set out by
the Intergovernmental Panel on Climate Change (IPCC) - the Representative Concentration
Pathways (RCP) scenarios 44 and the Shared Socioeconomic Pathways (SSP) scenarios 45 .
Specifically, focusing on the physical risks that increase with the progress of climate change, it
quantitatively analyzed the impact on major agricultural products used in its products.
<Disclosure example of climate scenario analysis by Kirin Holdings>

Comparative Analysis of the
ESG Information Disclosure
Frameworks/Standards



2.2



Mitsubishi Corporation

Comparative Analysis of the ESG Information Disclosure Frameworks/Standards

Source: Kirin Holdings “Environmental Report 2018” pp. 76.
<https://www.kirinholdings.co.jp/english/csv/report/env/pdf/environmental2018e.pdf>

Mitsubishi Corporation, a major trading company, conducted scenario analysis targeting its fossil
fuel-related businesses (power generation and related businesses, natural gas, LNG, coal for generaluse, coking coal and copper) that are considered to be particularly affected by climate change.
44

The “RCP scenarios” are four scenarios selected as representative of the stabilization levels of future greenhousegas concentrations and the paths to them.
45
The “SSP Scenarios” are five scenarios representative of the dual axis of mitigaton measures against climatechange, and the degree of difficulty for adaptation measures.

57
57

Specifically, it did the analysis using two scenarios - the “NDC Scenario” by the International
Energy Agency (IEA), which assumes that the greenhouse gas reduction targets submitted by eachcountry to the United Nations will be achieved, and the “Sustainable Development Scenario”, whichassumes that the temperature increase can be kept to within 2°C. With regards to both scenarios,
after showing at five levels the range of changes in demand from the present to 2030 (large increase,increase, remaining at the same level, decrease, and large decrease), their recognition of the businessenvironment, and policies and initiatives are each explained.
<Disclosure example of climate scenario analysis by the Mitsubishi Corporation>

2.2
Comparative Analysis of the ESG Information Disclosure Frameworks/Standards
Source: Mitsubishi Corporation “ESG Data Book 2018” pp. 30-31.
<https://www.mitsubishicorp.com/jp/en/ir/library/esg/pdf/esgdata/2018/all.pdf>

58
58

2
In the previous section, we considered the common parts and differences in the major global ESG
information disclosure frameworks/standards. As a result of that, it is clear that on a conceptual level
there are certain common parts for the ESG information disclosure frameworks/standards. But at thelevel of individual disclosure items and indicators, there is a mixture of those that are considered tobe partially matched, those that are considered to be related in a complex manner to three or more
disclosure items and indicators, and those that are considered to be a subset (one disclosure item andindicator that is considered to be completely included in another). So we found that it is often

Comparative Analysis of the
ESG Information Disclosure
Frameworks/Standards

2.3. The Way Forward for the ESG Information Disclosure Frameworks/Standards

difficult to definitely delineate the common parts and differences.
Will such complex relationships between the ESG information disclosure frameworks/standards
progress towards more simple ones in the future? Furthermore, will we move towards a convergence
At the present time, it is difficult to give an answer for these questions with conviction, but inorder to provide a starting point for thinking about these questions, in this section, we will sort out
the movement to improve consistency in the ESG information disclosure frameworks/standards, anddiscuss about the points that have become clear through the interviews with the experts.

2.3.1. Movement toward collaboration by the ESG Information Disclosure Framework
Developers/Standard Setters(i)

Current Relationships of Framework Developers/Standard SettersFig. 33 illustrates the current relationships of the major global ESG information disclosure

framework developers/standard setters.
The GRI, established in 1997, was one of the founding members of the IIRC established in 2010 46,
and in 2013, an MOU was signed 47 with the IIRC to further strengthen their collaborative
relationship. The IIRC signed an MOU 48 with the SASB in 2013 to strengthen their collaborative
relationship, and in addition to that they have common executive personnel. In comparison to otherframework developers/standard setters, the TCFD is much more of a voluntary organization than anofficial organization, and while they have not signed MOUs with other organizations, TCFD has

2.2
Comparative Analysis of the ESG Information Disclosure Frameworks/Standards(unification) of the content as seen in the (financial) accounting standards?

common executive personnel with the SASB, and the SASB asserts that there is a complementary
relationship between the TCFD Final Recommendations as stated above.
46

A4S, GRI (2010) “Press Release: Formation of the International Integrated Reporting Committee(IIRC)”<http://integratedreporting.org/wp-content/uploads/2011/03/Press-Release1.pdf>
47
GRI, IIRC (2013) “Memorandum of Understanding: dated on 01 February 2013”<http://integratedreporting.org/wp-content/uploads/2013/02/MoU-IIRC-GRI-20130201-1.pdf?dm_i=4J5,1BERL,2N
HPCK,4GJ8M,1>
48
IIRC, SASB (2013) “MEMORANDUM OF UNDERSTANDING dated 12/17/2013”<http://integratedreporting.org/wp-content/uploads/2014/01/MoU-IIRC-SASB-Final.pdf>

5959

In addition, looking at related organizations other than the framework developers/standard setters,
the GRI has close relationships with international institutions such as the United Nations
Environment Program (UNEP), the United Nations Global Compact (UNGC) and the Organization
for Economic Co-operation and Development (OECD). On the other hand, the IIRC has close
relationships with accountant groups such as the UK’s Association of Chartered Certified
Accountants (ACCA), the UK’s Chartered Institute of Management Accountants (CIMA) and theInternational Federation of Accountants (IFAC). The SASB and TCFD receive funding andpersonnel support from Bloomberg (including Bloomberg Philanthropies), and with regards to
TCFD, the fact that it has a close relationship with the Financial Stability Board (FSB) is a feature
not seen with other disclosure standards.

2.2
Comparative Analysis of the ESG Information Disclosure Frameworks/Standards

60
60

Thus it can be seen that each of the major global ESG information disclosure framework
developers/standard setters have certain collaborative relationships, and have unique relationships
with other organizations with different backgrounds.
While the SASB and GRI cannot confirm an external collaborative relationship such as thesigning of an MOU, at the SASB Symposium (New York) held in December 2018, Mr. Eric
Hespenheide, the chairman of the GRI board, and Mr. Matthew Welch, the president of the SASB
foundation, were on the same stage, and made a joint speech about the complementarity of bothstandards.

2
Setters

Comparative Analysis of the
ESG Information Disclosure
Frameworks/Standards

Fig33: Relationship Map of ESG Information Disclosure Framework Developers/Standard

2.2

Source: Prepared by Nissay Asset Management Co., Ltd. on the basis of relevant data available.

(ii) Better Alignment Project
Under these circumstances, activities are underway to improve the consistency of the major global
ESG information disclosure frameworks/standards. Specifically, there is an initiative called the“Corporate Reporting Dialogue” (CRD) 49 that is led by the IIRC, and was launched in 2014.
Besides the GRI and the SASB that are covered in this research, the CDP (former Carbon Disclosure
Project), the Climate Disclosure Standards Board (CDSB), the International Organization forStandardization (ISO), the International Financial Reporting Standards (IFRS), and the U.S.
Financial Accounting Standards Board (FASB) participate in this (Fig. 33).
Following is an overview of the CRD and their main activities until now.

Comparative Analysis of the ESG Information Disclosure Frameworks/Standards

Note: Only the main relationships listed.

49

IIRC (2014) “CORPORATE REPORTING DIALOGUE”<http://integratedreporting.org/wp-content/uploads/2014/06/Corporate-Reporting-Dialogue.pdf>

61
61

Outline of CRD and its History


CRD was launched at the ICGN (International Corporate Governance Network) annual meeting
held in 2014 (the secretariat is headed by IIRC).



Principle aims of CRD are as follows:-

To communicate about the direction, content and ongoing development of reporting frameworks, standards and related requirements;-

To identify practical ways and means by which respective frameworks, standards and related
requirements can be aligned and rationalized; and2.3-

To share information and express a common voice on areas of mutual interest, and where

The Way Forward for the ESG Information Disclosure Frameworks/Standards

possible, will engage key regulators.
Eight organizations, including CDP, CDSB, GRI, IIRC, ISO (International Organization forStandardization), SASB, IFRS (International Financial Reporting Standards), and FASB
(Financial Accounting Standards Board) participate in CRD. (* FASB is an observer)The chair of CRD is Ian Mackintosh, who is an IIRC Ambassador. KPMG’s Wim Bartels serves
CRD Programme Lead.



In 2015, CRD officially released an aerial view on the relationship between International <IR>
Framework and the major global ESG information disclosure standards, etc.



In 2016, CRD published a comparative analysis on materiality of the major global ESG
disclosure standards, etc. and financial accounting standards.



In October 2018, PRI, ICGN, CFA Institute, UNEP-FI and others officially announced a
discussion paper 50 requiring the standard setters to coordinate with each other.



Following the discussion paper above, CRD launched Better Alignment Project in November
2018. (details in the next box)

Source: Prepared by Nissay Asset Management based on the CRD website and various other materials.

50

Douma, K., and Dallas, G. (2018) “Investor Agenda for Corporate Esg Reporting: A Discussion Paper by Global
Investor Organisations On Corporate Esg Reporting”<https://www.icgn.org/sites/default/files/ESG%20Reporting%20Discussion%20Paper%20FINAL_1.pdf>

62
62

2
the launch of in November 2018. In this project, the plan is to work on improving consistency byidentifying

thecommonparts

anddifferences

of

the

ESG

information

disclosure

frameworks/standards.
Through the examination of this research, it is clear that on a conceptual level, there are certain
common parts for the major global ESG information disclosure frameworks/standards. But at thelevel of individual disclosure items and indicators, there was a mixture of those that are considered
to be partially matched, those that are considered to be related in a complex manner to three or more

Comparative Analysis of the
ESG Information Disclosure
Frameworks/Standards

Of particular interest for this research is the Better Alignment Project, which the CRD announced

disclosure items and indicators, and those that are considered to be a subset (one disclosure item andindicator that is considered to be completely included in another). So we found that it is often
difficult to definitely delineate the common parts and differences.
In addition, the fact that the SASB Standards are defined industry by industry, while the GRI
difficult to identify common parts and differences.
Considering these facts, it is extremely important to clarify what is common to disclosure
standards, and what are different at the disclosure item and indicator level, in addition to theconceptual level so as to improve user convenience and the sense of satisfaction for the ESG
information disclosure frameworks/standards. From this point of view, the expectations placed on
the Better Alignment Project seem extremely large 51.
Outline of Better Alignment ProjectOver the next two years, CRD plans (i) to identify commonalities and differences of disclosure
standards, aiming to make the overlapping parts consistent, and (ii) to identify the relationships
between non-financial indicators and financial results, deliberating on approach how theyshould be included in the report.



Funding support has been given by Bloomberg Philanthropies. Also, full-time staff for the
project were allocated.



CDP, CDSB, GRI, IIRC and SASB participate in the project.

In the first half of the project, CRD plans to take about one year to compile a report on how to

2.3
The Way Forward for the ESG Information Disclosure Frameworks/Standards

Standards are a set of disclosure items and indicators common to all industries, makes it moreuse existing ESG information disclosure standards, etc. such as SASB and GRI Standards, withthe aim to encourage companies to disclose information in line with TCFD Final
51

In the interview surveys as well, from the same point of view, we heard from many asset owners about their
expectations for the Better Alignment Project.

63
63

Recommendations (to be officially announced in September 2019). As part of the study,
analysis will also be made on the relationship among ESG information disclosure standards,
etc. participated in the project, such as the relationship between SASB and GRI Standards.
In the second half of the project, over the remaining year, CRD plans to discuss how financial

accounting standards should incorporate disclosure of non-financial information based on the
results obtained in the first half.
Source: Prepared by Nissay Asset Management based on CRD (2018) “Corporate Reporting Dialogue: Better
Alignment Project”<http://corporatereportingdialogue.com/wp-content/uploads/2018/11/Corporate-Reporting-Dialogue-Better-Alignmen
t-Project.pdf>,<http://corporatereportingdialogue.com/wp-content/uploads/2018/11/Frequently-asked-Questions-Corp
orate-Reporting-Dialogue.pdf>.

2.3
The Way Forward for the ESG Information Disclosure Frameworks/Standards

2.3.2. Discussions about Convergence (Unification)
In the previous section, we looked at the trend to improve consistency for the ESG information
disclosure frameworks/standards, but this is based on the premise that existing ESG information
disclosure frameworks/standards will continue to co-exist for the time being. However, in the longer
term, the possibility of mergers or the weeding out of ESG information disclosure
frameworks/standards cannot be ruled out.
With regards to this point, in a green paper published in October 2018 by Professor Richard
Barker and Dr. Robert G. Eccles of Oxford University 52, they considered a scenario where things
progress with market-driven convergence, and a scenario where things progress withregulation-driven convergence.
(i)Market-Driven Convergence
Market-driven convergence is a scenario in which “de facto standards” are eventually establishedandconverge

throughfreemarketcompetition

by

the

ESG

information

disclosure

frameworks/standards. In fact, in the business world, companies are fiercely competing to achieve defacto standards in various areas of technology. While companies that have the de facto standards will
benefit greatly, companies that lose the battle are often forced to withdraw from the market.
However, for the major global ESG information disclosure framework developers/standard setters,
none of them are profit organizations and they are all non-governmental organizations (NGOs).
Generally in the non-profit sector, organizational mergers aimed at improving economies of scale

52

Barker, R. and Eccles, R. G. (2018) “Should FASB and IASB be responsible for setting standards for nonfinancial
information?: Green Paper” <https://www.sbs.ox.ac.uk/sites/default/files/2018-10/Green%20Paper_0.pdf>

64
64

2
of the ESG information disclosure frameworks/standards correspond to “investors”, but because thegeneral investors currently do not necessarily have a clear recognition of the need for ESG
information, it cannot be denied that it might be difficult for a weeding out of the ESG information
disclosure frameworks/standards to proceed through competition.
The ESG information disclosure framework developers/standard setters have different size ofbudget, numbers of staff and office locations (Fig. 34). Furthermore, their sponsors vary widely anddifferent laws apply to the non-profit sector in each country. It is thought that it is not always easy

Comparative Analysis of the
ESG Information Disclosure
Frameworks/Standards

and/or operational efficiency are less likely to happen 53. In addition, “customers” in the competition

for a non-profit organization that has grown above a certain size to merge with another non-profit
organization that does not necessarily have the same mission and/or values 54.
In addition, in order to gather supporters and obtain funding for activities, it is necessary to clearly
differentiate from other ESG information disclosure frameworks/standards, and from this point of
harmonizing 55.
For a company that works on information disclosure using the ESG information disclosure
frameworks/standards, keeping in mind the possibility that it will be difficult for a weeding out toprogress through free market competition, it is thought to be important to regularly consider which
disclosure frameworks/standards are appropriate to use, and to review them as necessary.
Fig34: Overview of the ESG Information Disclosure Framework Developers/Standard Setters
GRI
Headquarters

IIRC

SASB

TCFD

Amsterdam

LondonSan Francisco

New York

1997

2010

2011

2016

Budget ($ million)

14

2.2

8

n/a

Employees

87

20

38

n/a

Standard

Framework

Standard

Framework

FoundedCharacteristics

Note: The TCFD, compared to the other organizations listed in the figure, is more like a non-official organization.
Source: Extracted from Barker and Eccles (2018) pp. 16.

2.3
The Way Forward for the ESG Information Disclosure Frameworks/Standards

view as well, it has been pointed out there are certain hurdles with regards to them mutually(ii) Regulation-Driven Convergence
Apart from market-driven, there is also the possibility that the progress of convergence will be
regulation-driven. In fact, regulations with regards to ESG information disclosure have been reported
53

Ibid.
Based on the interview surveys.
55
Ibid.
54

65
65

to be on the rise globally 56.
In recent years, with regards to legislation, Europe has been particularly active. The EU
Non-Financial Reporting Directive (2014/95/EU) (NFRD), which is enacted in December 2014, 57
applies to companies and financial institutions listed within the EU with more than 500 employees.
From 2018 onward they are obligated to disclose non-financial information in their annual reportwith regards to such things as environmental, social and employee matters, respect for human rights,
anti-corruption and bribery matters, to the extent necessary to understand the impact on development,
performance, position and activities of the relevant corporate group. Furthermore, based on Article 2of the same directive, in June 2017, the European Commission published the Non-Binding
Guidelines (NBGs) 58 which showed the methodology for the disclosure of non-financial
information. To fulfill the disclosure obligation, it is possible to use existing ESG information

2.3
The Way Forward for the ESG Information Disclosure Frameworks/Standards

66
66

disclosure frameworks/standards such as the International Integrated Reporting Framework, the GRI
Standards and the SASB Standards.
In addition, a report 59 by the European Commission’s “Technical Expert Group on Sustainable
Finance” (TEG), compiled in January 2018, requested that the European Commission revise theaforementioned June 2017 guideline to reflect the contents of TCFD Final Recommendations.
In the above-mentioned study 60 by Professor Barker and Dr. Eccles of Oxford University, whilereferring to cases where global convergence of (financial) accounting standards has been promoted
policy-wise, with regards to disclosure standards for ESG information as well, they raised the issue
that regulation-driven convergence needs to be promoted. Specifically, it has been called for debate
about incorporating ESG information disclosure standards into (financial) accounting standards by
the IASB and the FASB 61. As mentioned above, a discussion related to this point is also planned in
the Better Alignment Project being initiated by the CRD. If specific ESG information disclosure
frameworks/standards are incorporated into existing regulatory frameworks, it is expected that therelationships

andcompetitive

landscapes

of

ESG

information

disclosure

framework

developers/standard setters will change dramatically. The future trend is something to watch closely.
56

KPMG, GRI, UNEP, and Centre for Corporate Governance in Africa (2016) “Carrots & Sticks: Global trends insustainability reporting regulation and policy”<https://assets.kpmg/content/dam/kpmg/pdf/2016/05/carrots-and-sticks-may-2016.pdf>
57
The formal name is “Directive 2014/95/EU of the European Parliament and of the Council of 22 October 2014
amending Directive 2013/34/EU as regards disclosure of non-financial and diversity information by certain large
undertakings and groups” <https://eur-lex.europa.eu/legal-content/EN/ALL/?uri=CELEX:32014L0095>.
58
European Commission (2017) “Communication from the Commission — Guidelines on non-financial reporting(methodology for reporting non-financial information)”<https://eur-lex.europa.eu/legal-content/EN/ALL/?uri=celex:52017XC0705(01)>59European Commission (2019) “Technical expert group on sustainable finance report on climate-related disclosures”<https://ec.europa.eu/info/sites/info/files/business_economy_euro/banking_and_finance/documents/190110-sustainab
le-finance-teg-report-climate-related-disclosures_en.pdf>
60
Barker and Eccles (2018)61
With regards to these points in question, in December 2018, a debate was held at the Oxford Union, bringing
together stakeholders and experts. (Rowe, O. (2019) “Nonfinancial reporting: The big debate”<https://www.fm-magazine.com/news/2019/jan/corporate-sustainability-reporting-201920383.html>)

2Comparative Analysis of the
ESG Information Disclosure
Frameworks/Standards

Column 2: The Trend of the European Commission’s “Action Plan on Sustainable Finance”
On the back of the Paris Agreement coming into effect, and the adoption of the Sustainable
Development Goals (SDGs) at the United Nations, the European Commission is intensifying policy
action towards the complete penetration of sustainable finance. In March 2018, an action plan
entitled “Action Plan on Sustainable Finance” 62 was adopted and published, and with regards to 10
specific items, a plan and timeline for policy measures, including legislative action, was announced.
The contents of the action plan are extremely comprehensive, and there is a strong intention to makedrastic changes in the overall capital market system.
<Overview of the Action Plan on Sustainable Finance>vi

Better integrating sustainability inratings and research

Credi t Rating
Agenci es

Provideratingiii Fostering investment in sustainable projects
viii Incorporating sustainability in prudential requirements
ix Strengthening sustainability disclosure and accounting rulemaking
x Fostering sustainable corporate governance and attenuating
short-termism in capital markets

Companies
Creating standards and labels forgreen financial products
Incorporating sustainability whenproviding investment advicevii Clarifying institutional investors andasset managers’ duties
ix Strengthening sustainability
disclosure and accounting rulemaking
x Fostering sustainable corporate
governance and attenuating shorttermism in capital markets
iv

i Establishing an EU classification
system for sustainability activities

Asset
managers
Information
use

Asset
ownersIndex
providersvvii Clarifying institutional investors
and asset managers’ duties
Fostering sustainable corporate
governance and attenuating shorttermism in capital marketsxDeveloping sustainability
benchmarks

Note: The numbers (i) to (x) show the items of the action plan.
Source: Prepared by Nissay Asset Management based on the European Commission (2018).

With regards to ESG information disclosure by companies, particular attention is focused on thedevelopment of the EU-wide classification system (sustainable taxonomy) to determine whether
certain economic activities by companies are environmentally sustainable, as well as reflecting thedetails of the TCFD Final Recommendations in the Non-Binding Guidelines (NBGs) that were
formulated based on the Non-Financial Reporting Directive (NFRD) which have already come into
effect.
All of this is being considered by the Technical Expert Group on Sustainable Finance (TEG),
which was established by the European Commission. The members of TEG include those who are
ESG information disclosure framework developers/standard setters, such as Mr. Curtis Ravenel, who
serves as a TCFD secretariat and a member of the SASB Foundation Board, and Ms. Eszter Vitorinoof the GRI.
TEG compiled a report 63 regarding the revision of the NBGs in January 2018, and after analyzing
the relationship between the NFRD disclosure requirement elements and the TCFD Final
Recommendations (the next figure), it proposed the NBGs to be revised, including the

The Way Forward for the ESG Information Disclosure Frameworks/Standards

ii

2.3

62

European Commission (2018) “Action Plan: Financing Sustainable Growth”<https://ec.europa.eu/info/publications/180308-action-plan-sustainable-growth_en>63European Commission (2019)

67
67

2.3

implementation and disclosure of climate scenario analysis recommended by the TCFD. In responseto the report by TEG, the European Commission is expected to proceed with a revision of the NBGs
in due course. While the NBGs are not legally binding, in Europe the contents of the TCFD Final
Recommendations are likely to be positioned within the regulatory disclosure framework.
In addition, for the sustainable taxonomy that is being developed simultaneously by TEG, it isexpected that the TCFD Final Recommendations will have an impact on how European companies
disclose information. The TCFD Final Recommendations seek information disclosure about the risks
and opportunities related to climate change. But if in the future business activities that fall under
mitigation or adaptation measures for climate change, and those that do not fall under suchmeasures, are clearly delineated based on EU-wide classification system, it will probably become
difficult for business management to ignore this classifications system. The possibility cannot be
ruled out that future extreme cases may emerge where business that has been regarded as anopportunity until now would completely change into a risk factor if the business is judged to be“non-sustainable” based on the taxonomy.

The Way Forward for the ESG Information Disclosure Frameworks/Standards<Mapping of the NFRD Disclosure Requirement Elements and the TCFD Final Report>

Source: European Commission (2019) pp. 14.

68
68

2
With the jumble of ESG information disclosure frameworks/standards becoming more complex,
there have been a series of discussions pointing out the need to promote and coordinate
communication by the framework developers/standard setters.
One example of these is “Seeking Return on ESG: Advancing the Reporting Ecosystem to
Unlock Impact for Business and Society”, a proposal report compiled by the World Economic
Forum (WEF) in January 2019 in collaboration with Allianz SE and the Boston Consulting Group.

Comparative Analysis of the
ESG Information Disclosure
Frameworks/Standards

Column 3: Toward Building an Effective Ecosystem for ESG Information Disclosure

In this report, the overall structure of ESG information disclosure is named the “ESG reporting
ecosystem”, which includes ESG information disclosure framework developers (IIRC and TCFD)
and standard setters (GRI and SASB), as well as ESG rating agencies and data providers that
evaluate and analyze disclosure information. In order to build a more effective ecosystem, the report

Improve the transparency of the entire ecosystem (such as alleviating duplication of activity①

and unintentional conflicts).
Enable effective and active cross-system interactions (such as incorporating more of the end②

user’s needs).
Stricter harmonization of methodologies for measuring KPIs related to ESG (such as enhance③

the comparability of KPIs to help the decision making of investors and others).
Also, besides these three points:-

How close should the ESG information disclosure system come to financial reporting (forexample, such things as how to introduce disclosure regulations, and the method of audits or
third-party warranties with regards to ESG information disclosure).

-

The impact of fund flows (such as membership fees, subsidies and donation) on activities inthe ecosystem (such as if they lead to the development of the whole system, or if there are any
inefficiencies).

-

The impact of new technologies on the ecosystem, such as Artificial Intelligence.

These are the points that needs to be discussed in the future.

2.3
The Way Forward for the ESG Information Disclosure Frameworks/Standards

suggests that the following actions are necessary.

This proposal report by the World Economic Forum is only positioned as the first step. In the
future, more discussion on this is expected to proceed towards the “Sustainable Development
Impact Summit 2019” and the 2020 annual general meeting of the World Economic Forum.

69
70

3

Common Parts of ESG Information Disclosure
Frameworks/Standards

3.1. Purpose of the Analysis
In Chapter 2, comparative analysis of major global ESG information disclosure
frameworks/standards is performed, and examined the common parts as shown in Appendix 3. The
common parts are considered to be corresponding to the common parts of various information needs
by ESG investors. Regarding to this point, in this chapter we directly refer to the primary
information, i.e. corporate ESG information disclosure to analyze the relationship between corporate
information disclosure regarding the common parts and the evaluation of ESG rating agencies, that

3.2. Selection of Companies to be Surveyed
Even if the organization is called as ESG rating agency, its methodology of the ESG evaluation is
likely to be different from other agencies. In fact, it has been pointed out that the results of ESG
evaluations for the same company often differ among ESG rating agencies 64. In this research, ESG
evaluation based on publicly available information by FTSE Russell and MSCI is used 65, and fromthe perspective of grasping the general relationship, we compared the companies that received highevaluation and low evaluation from both agencies.
Specifically, as of the end of December 2018, 671 Japanese companies received ESG ratings fromboth agencies. From these 671, a total of 117 companies were extracted - where both agencies havegiven a rating of the top 20% or the bottom 20%.
Furthermore, after classifying 66 the 117 companies into 11 sectors of SASB, we selected a pair ofcomparable companies (pair companies) for each sector, one each with high and low ESG ratings.
In order to select pairs of companies with similar business and company size, we set two

3.1
3.2
Purpose of the Analysis / Selection of Companies to be Surveyed

perform ESG evaluation/analysis.

3
Analysis of Corporate Disclosure Statuson the Common Parts of ESG Information
Disclosure Frameworks/Standards

Analysis of Corporate Disclosure Statuson the Common Parts of ESG Information
ChapterDisclosure
3
AnalysisFrameworks/Standardsof Corporate Disclosure Status on the

Chapter

conditions and select companies which satisfy both conditions for each sector. However, for thesector in which there is no combination of companies that satisfy both conditions, priority is given to64
GPIF points out that the ranking of ESG ratings for Japanese companies by FTSE Russell and MSCI remainmodestly correlated. (GPIF (2017) “GPIF Selected ESG Indices”<https://www.gpif.go.jp/en/investment/pdf/ESG_indices_selected.pdf>) In addition, this low correlation coefficient is
the ESG for is not just a phenomenon limited to Japanese companies, and the same applies to overseas companies aswell. According to a research team at the Massachusetts Institute of Technology, the correlation coefficient of the
ranking by five major ESG rating agencies is as low as 0.1 to 0.15. (MIT Sloan School of Management, Sustainability
Initiative. “Aggregate Confusion” <http://mitsloan.mit.edu/sustainability/aggregateconfusion>)65
For analysis of this chapter, ESG evaluation results were received from FTSE Russell and MSCI through GPIF,
who was the commissioner of this research. I would like to take this opportunity to express my appreciation.
66
11 sectors are Consumer Goods, Extractives & Minerals Processing, Financials, Food & Beverage, Health Care,
Infrastructure, Renewable Resources & Alternative Energy, Resource Transformation, Services, Technology &Communications, and Transportation. Classification was conducted by Nissay Asset Management.

71
72

the satisfaction of condition 1, and regarding condition 2, we select companies that were as close
category as possible (e.g. Large70 and Mid400, Mid400 and Small1, etc.). Also, from the viewpointof obtaining enough number of samples for the analysis, even if condition 1 did not hold, a
combination of companies judged qualitatively as having a similar business were selected as a paircompanies.
In addition, for companies with low evaluations, apart from information disclosed, there is apossibility that evaluations have been lowered due to the occurrence or detection of corporate
misconducts, so this was confirmed through the latest media coverage, to make sure no severe
corporate misconducts and such were reported 67. In addition, when there were multiple candidate
companies for pair companies, we selected a combination of companies with the smallest difference

3.2

in ESG disclosure score by Bloomberg.

Purpose ofofthe
Analysis /toSelectionof Companies to be Surveyed
Selection
Companies
be Surveyed(Condition 1)

Business condition: Sub-Industry of the Global Industry Classification Standard(GICS) is the same

(Condition 2)

Company size condition: TOPIX New Index division (Core30, Large70, Mid400,
Small1, and Small2) is the same 68

After the selection as above, finally we obtained 18 companies in 9 sectors 69.

67

See Note 1 in Fig. 1.
Constituents of TOPIX are classified according to market capitalization and liquidity, with Core30 and Large70 as“large cap stock”, Mid400 as “medium cap stock”, and Small1 and Small2 as “small cap stock”.
69
Of the 18 companies in 9 sectors, the combinations satisfying both conditions 1 and 2 were 4 companies in 2
sectors; and the combination satisfying only condition 1 was 8 companies in 4 sectors, and combination that did notsatisfy both conditions 1 and 2 but were close in business type were 6 companies in 3 sectors. In the two sectors ofRenewable Resources & Alternative Energy and Services, the business contents of each company differed greatly,
and it was judged that it was difficult to select pair companies.
68

72
73

3
SASB sector

Company

Evaluation by ESG
GICS Sub-Industry
rating agencies
Top 20%Apparel Retail
Bottom 20%
Apparel Retail

TOPIX
category
Large70
Mid400A
B

Extractives & Minerals
ProcessingC
D

Top 20%Bottom 20%

Steel
Steel

Mid400Mid400Financials

E
F

Top 20%Bottom 20%

Diversified Banks
Regional Banks

Large70
Mid400Food & BeverageG
H

Top 20%Bottom 20%

Packaged Foods & Meats
Packaged Foods & Meats

Mid400
Small 1

Health CareI
J

Top 20%Bottom 20%

Health Care Equipment
Health Care Supplies

Large70
Mid400InfrastructureK
L

Top 20%Bottom 20%

Homebuilding
Homebuilding

Large70
Mid400Resource
Transformation

M
N

Top 20%Bottom 20%

Construction Machinery & Heavy Trucks
Construction Machinery & Heavy Trucks

Mid400Mid400Technology &Communications

O
P

Top 20%Bottom 20%

Electronic Equipment & Instruments
Electronic Equipment & Instruments

Mid400
Small 1

Transportation

Q
R

Top 20%Bottom 20%

Automobile Manufacturers
Auto Parts & Equipment

Core30
Small 1

Top 20%Bottom 20%--

All sector average.
.

Source: Nissay Asset Management Co., Ltd.

3.3. Methodology
In relation to the common parts by sector shown in Appendix 3, we analyzed to what extent 18
companies in the 9 sectors selected in the previous section actually disclosed information 70.
Specifically, for the descriptive information on “governance”, “recognition of ESG risks andopportunities” or “strategies and practices”, according to the flow chart in Fig. 36, the disclosure
status of each company classification was made into four categories: “company-tailored (with

3.3
Purpose
Methodologyof the Analysis / Selection of Companies to be Surveyed

Consumer Goods

Analysis of Corporate Disclosure Statuson the Common Parts of ESG Information
Disclosure Frameworks/Standards

Fig35: List of Surveyed Companies

quantitative information)”, “company-tailored (qualitative information only)”, “boilerplate” and “nodisclosure”.

70

Survey was implemented on disclosure information as of January 2019.

73
74

Fig36: Classification Flow of the Disclosure Status of Descriptive Information
Start
No

Is there any relevant
information disclosed?

Yes
Does the disclosure
include quantitative
information?

Yes

Is the quantitative
information acompany-specificperformance?

No

No
No

No

Yes

Is there any
company-specificinformation
included?

Is the quantitative
information companyspecific target value?
(Not a sector performanceor regulatory values, etc.)

Yes

Yes

3.4
Results and Discussions

No Disclosure

Boilerplate

Company-tailored(qualitative information
only)

Company-tailored(with quantitative
information)

Source: Prepared by Nissay Asset Management Co., Ltd. on the basis of SASB “The State of Disclosure 2017” pp. 8.
<https://www.sasb.org/wp-content/uploads/2017/12/2017State-of-Disclosure-Report-web.pdf>

About “KPIs” which is quantitative information, the disclosure status of each company wasclassified into three categories of “disclosed”, “partially disclosed” and “no disclosure”.
In addition, we also surveyed the state of reference for the major global ESG information
disclosure frameworks/standards that are surveyed in this research.

3.4. Results and Discussions
Fig. 37 and 38 summarize the disclosure status of “governance”, “recognition of ESG risks andopportunities” or “strategies and practices” as well as of “KPIs”. For both types of information, there
is a difference in disclosure of information between companies with high ESG rating and low rating.
For descriptive information on “governance”, “recognition of ESG risks and opportunities” or“strategy and practice”, for a company with a high ESG evaluation, company-tailored descriptions
were disclosed for an average of 47% of relevant disclosure items of the common parts. On the other
hand, companies with low ESG ratings averaged about 7%.
With regards to “KPIs”, in companies with high ESG evaluation, about 76% of relevant disclosureof the common parts indicators were disclosed (including partial disclosure) on average, comparedwith low-rated companies, where the average disclosure was only about 11% (including partial
disclosures).

74
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3
each company. For companies with high ESG rating, they are likely to issue integrated reports and/or
prepare reports by referring to the GRI standards, while for companies with low ESG ratings, there
was little mention towards ESG information disclosure frameworks/standards.
It is important to note that the analysis in this chapter is limited in the number of samples. Also, it
is a cross-sectional analysis at one point. Thus, we cannot conclude the causality, but the analysis
results suggested that enhancing ESG information disclosure while keeping in mind common partsof the major global ESG information disclosure frameworks/standards may contribute to theimprovement of evaluation by ESG rating agencies.

Analysis of Corporate Disclosure Statuson the Common Parts of ESG Information
Disclosure Frameworks/Standards

Fig. 39 summarizes the state of reference to ESG information disclosure frameworks/standards of

3.4
Results and Discussions

75
76

Fig37: Disclosure Status of Descriptive Information on “Governance”, “Recognition of ESG
Risks and Opportunities” or “Strategies and Practices.” (Ratio of the Number of Disclosed
Items to the Total Number of Applicable Ones)

Consumer
Goods

C

20%

30%

40%

50%

60%

70%

80%

90%

100%

Financials
Health Care

Results and Discussions

Food &
BeverageDGI

All sector
average

10%

B

ETechnology &Communication
Resource
TransportationsTransformation Infrastructure

3.4

A

Extractives &Minerals
Processing

0%

F

H

J
K
L
M
N
O
P
Q
R
.
.
Company-tailored (with quantitative information)
Boilarplate

Company-tailored (qualitative information only)
No Disclosure

Source: Prepared by Nissay Asset Management Co., Ltd. on the basis of the disclosure information of each company.

76
77

3
Number of Applicable Ones)

Consumer
Goods

A

Extractives &Minerals
Processing

0%

C

30%

40%

50%

60%

70%

80%

90%

100%

Financials
Food &
Beverage
Health Care

D

G

I

F

3.4
Results and Discussions

Technology &Communication
Resource
TransportationsTransformation Infrastructure

20%

B

E

All sector
average10%

Analysis of Corporate Disclosure Statuson the Common Parts of ESG Information
Disclosure Frameworks/Standards

Fig38: Disclosure Status of “KPIs.” (Ratio of the Number of Disclosed Indicators to the Total

H

J
K
L
M
N
O
P
Q
R
.
.
Disclosed

Partially Disclosed

No Disclosure

Source: Prepared by Nissay Asset Management Co., Ltd. on the basis of the disclosure information of each company.

77
78

Fig39: Reference to ESG Information Disclosure Frameworks/Standards
No of companies

Top 20%

10

9

Bottom 20%

8
6

6

6

4
2
0

1
0
PreparedIntegrated
Report

3.4

0

1

1
0

Prepared GRI Referred to GRI Referred toStandard
SASB
Comparative
Table

0
Referred to
TCFDResults and Discussions

Source: Prepared by Nissay Asset Management Co., Ltd. on the basis of the disclosure information of each company.

Voices of the major global ESG rating agencies regarding ESG information disclosure
frameworks/standards
As part of the research, we interviewed the persons in charge of ESG evaluation at FTSE Russell,
MSCI, and Sustainalytics about the ESG information disclosure frameworks/standards. The main
opinions and comments obtained through the interview are as follows.
The following contents do not mean that they are common views of the persons in charge of theabove three agencies. Rather, there are contradictory opinions and comments. Also, only the main
opinions and comments are listed, and do not guarantee their comprehensiveness.

(About the major global ESG information disclosure frameworks/standards)


Although we do not directly reflect on our own evaluation criteria with reference to ESG
information disclosure frameworks/standards, in the process of obtaining input to theevaluation criteria from external experts, we obtain inputs based on the global trend.

Based on the publication of the TCFD Final Recommendations, we revised some of theevaluation items related to climate change based on the recommendations.

78
79

3
In determining ESG issues to be evaluated, in addition to the results of materiality analysis
disclosed by companies based on GRI Standards, SASB Standards are also referred to asknowledge in the industries (We also check the relevance between our ESG evaluation
framework and the ESG issues defined by the SASB Standards.).
In some cases, ESG evaluation may be customized and organized in accordance with therecommendations of the TCFD based on requests from institutional investors who are clients.

(About sector classification of ESG evaluation)
Analysis of Corporate Disclosure Statuson the Common Parts of ESG Information
Disclosure Frameworks/Standards



The ESG evaluation uses a finer sector classification than the SASB sector classification (77industries), and changes the items to be evaluated depending on the sector. Furthermore, evenfor companies that belong to the same sector, the evaluation items are adjusted for eachcompany (if necessary) according to the business content, the country or region in which it(About the number of evaluation items of ESG evaluation)


Although the number of ESG issues to be evaluated varies depending on the sector, etc.,
evaluation items are more narrowed down in terms of materiality than the SASB Standards thatset 13 disclosure items/indicators per industry on average.



3.4
Results and Discussions

operates, or the occurrence of controversies.

Although the ESG issues to be evaluated differ depending on the sector, the ESG issues that arebroader than the SASB Standards are evaluated using not only quantitative indicators but also
qualitative disclosures.

(Other)

The information disclosed by a company does not necessarily determine all ESG evaluations. It
is a part of the whole based on the analysis of business risk, evaluation of controversies, etc.

What is more important than the disclosure is the content of the company's efforts. If there is nocontent in the first place, information cannot be disclosed. We are telling companies that wewant them to look at the initiative itself instead of focusing just on disclosure.

7980

ESG Information Disclosure
Chapterby
4 Institutional
ESG Information Investors
Disclosure by Institutional
Investors

4.1. ESG Information Disclosure by Asset Owners
This section addresses ESG information disclosure by asset owners.
In recent years, there has been a trend towards the enhancement of information disclosure on ESG
investment by pension funds, especially by public pension funds with a large AUM, who are called“universal owners”. Specifically, there are pension funds where a chapter or section about ESG

4
ESG Information Disclosure
by Institutional Investors

4

Chapter

investment is included in the annual report, or a separate report exclusively dedicated to ESG
investment is prepared and published along with the annual report. In addition to the annual report,
The asset owners who literally owns the asset, are positioned upstream of the investment chain(the flow of investment funds from the clients / beneficiary to the investee company), and the impact
on the entire investment chain is extremely large. The policies and ideas regarding ESG investment
by asset owners have a great influence on the activities of (including prospective) entrusted asset
managers, and the ESG rating agencies and (including prospective) investee companies as well.
Also in Japan, it has been pointed out that in addition to the introduction of the stewardship code
in 2014 and the Japanese version of the corporate governance code in 2015, the GPIF’s PRI
signature in 2015 was crucial to expanding interest in ESG investment in Japan. The movement ofasset owners, particularly universal owners that have larger AUM, has always been of high interest
to the various players in the investment chain.

4.1
ESG Information Disclosure by Asset Owners

there are also examples where enhanced information disclosure is on the website.

The structure of this section is as follows.
Firstly, in 4.1.1, we report the survey results on the status of ESG information disclosure in major
pension funds in the world, and in 4.1.2, report the results of an interview survey on the motivationof major pension funds in the world for ESG disclosure (including assumed user of disclosure
information). Furthermore, in 4.1.3, we report the analysis of important ESG issues (materiality) thatthe world’s major pension funds consider important for their investment management.

81
82

4.1.1. Status of ESG Information Disclosure by Asset Owners
The pension fund to be surveyed was selected by the following process.
Specifically, out of “The World’s 300 largest pension funds” 71 published annually by Wills
Towers Watson, we extracted 45 funds that are within the top 30 in terms of assets or classified as asovereign pension fund. From that, by excluding 4 Japanese funds and adding 2 that we conductedinterviews about ESG information disclosure, we surveyed 43 funds. The total assets of the 43 funds
account for about 40% of the total assets of the top 300 pension funds.
Fig. 40 summarizes the list of 43 pension funds surveyed, the PRI signature status of each fund,and the status of ESG information disclosure (for comparison, Japanese funds within the top 30 or

4.1

Japanese sovereign pension funds are also included in the figure).

ESG Information Disclosure by Asset Owners

Certain information disclosure about ESG investment was confirmed in 28 out of 43 funds
surveyed. Furthermore, among these funds, it has been seen that 15 funds have published an annual
report exclusively dedicated to ESG investment. Of the 43 funds, 23 are PRI signatories, and certain
information disclosure regarding ESG investment was carried out in all these 23 funds.

71

Wills Towers Watson (2018) “The world’s 300 largest pension funds – year ended 2017”<https://www.thinkingaheadinstitute.org/-/media/Pdf/TAI/Research-Ideas/PI-300_2017.pdf>

82
83

4
Disclosure
AUM
Rank

Government Pension Investment
Government Pension Fund
National Pension
Federal Retirement Thrift
ABP
National Social Security
California Public Employees
Canada Pension
Central Provident FundPFZW
California State Teachers
Local Government Officials
New York State Common
Employees Provident FundNew York City Retirement
Florida State Board
Ontario Teachers
Texas Teachers
Employees' Provident
GEPF
ATP
BoeingNew York State Teachers
AT&T
Wisconsin Investment Board
Future FundNorth Carolina
National Federation of Mutual Aid
Pension Fund Association
Washington State Board
Labor Pension Fund
Universities Superannuation
Public Institute for Social Security
National Wealth Fund
AP Fonden 7
FRR
AP Fonden 3
AP Fonden 4
AP Fonden 2
AP Fonden 1
ERAFP
Social Insurance Funds
Ireland Strategic Investment
New Zealand Superannuation
State Pension
Fonds de Compensation
FEFSS

CountryJapan
NorwaySouth Korea
U. S.
Netherlands
China
U. S.
CanadaSingapore
Netherlands
U. S.
Japan
U. S.
Malaysia
U. S.
U. S.
CanadaU. S.
India
South Africa
Denmark
U. S.
U. S.
U. S.
U. S.
Australia
U. S.
Japan
Japan
U. S.
TaiwanU.K.
KuwaitRussiaSwedenFranceSwedenSwedenSwedenSwedenFranceVietnamIreland
New ZealandFinland
Luxembourg
Portugal

Total Assets
PRI
ESG-related ESG-focusedin US$
signatory info. disclosure annual reportmillion1,443,554〇〇〇
1,063,456〇〇〇
582,938〇〇
531,489494,796〇〇〇456,853
336,684〇〇*
283,454〇〇〇
269,133
235,995〇〇〇
216,193〇〇〇
209,880〇
201,263〇〇〇
200,265〇
189,794〇〇
167,900
150,730〇〇〇
146,326
134,272
133,944〇〇
129,741〇〇〇
121,717
115,637
113,582
109,960
108,545〇
106,946
106,629〇
105,204〇〇
104,260〇〇
96,539〇〇81,078〇〇70,71065,076
46,966〇〇〇
43,698〇〇〇43,083〇〇43,001〇〇〇
41,826〇〇39,874〇〇〇
34,694〇〇
26,82026,469〇〇24,420〇〇23,513〇〇
19,655〇18,930-4.1
ESG Information Disclosure by Asset Owners

1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
35
41
56
61
93
95
97
99
102
110
131
174
180
189
196
230
241

Fund NameESG Information Disclosure
by Institutional Investors

Fig40 List of Pension Funds to be Surveyed and Status of PRI Signature / ESG Information

Note 1: As of February 2019.
Note 2: With regards to the information disclosure status, we only surveyed disclosures in English.
Note 3: * denotes the publication of ESG-focused annual report only in the past.
Note 4: We did not survey Japan’s four funds, but listed them for comparison.
Source: Prepared by Nissay Asset Management based on Wills Towers Watson (2018), the PRI website and thedisclosures of each fund.

83
84

4.1.2. Motivations of ESG Information Disclosure by Asset Owners
What is the motivation for many of the major global pension funds to actively disclose
information on ESG investments? In this regard, among the survey targets listed in Fig. 40, we
conducted interview surveys with U.S. and European pension funds that are signatories of PRI andbelieved to have actively disclosed information on ESG investment (the interviewees are shown in
Fig. 3).
It should be noted that the number of interviews is not necessarily many, but as a result ofinterviews, the major pension funds in the world are not always motivated to disclose ESG
information for a single reason, and were a mixture of “accountability” “transparency” and4.1“influence”.

ESG Information Disclosure by Asset Owners

The first “accountability” is that ESG information disclosure is performed in order to fulfill theaccountability to beneficiaries (in the case of sovereign pension funds, the supervisory authorities,etc.). In other words, beneficiaries are assumed as readers of disclosure information, and when
preparing disclosure materials, they post as much information as possible that may be of interest to
the beneficiaries, and considering the fact that not all beneficiaries have a wealth of specialized
knowledge, they avoid technical expressions, and make efforts to use plain expressions that areeasily understood.
The second “transparency” is not necessarily limited to the beneficiaries as recipients of thedisclosed information, but is disclosing information to a wider society and stakeholders. Although
the organizational characteristics and the situation of the funds we interviewed were differ from one
another, many of them are (quasi-)governmental institutions, and consider it is important to enhancetransparency for society and stakeholders. There are many non-profit organizations such as NGOs
focusing on the movement of asset owners, especially in Europe, and one of the pension funds weinterviewed has actively disclosed the challenges faced (for instance, investment decisions whenfinancial returns and social returns are in conflict), in preparation to communicate with NGOs, etc.
The third “influence” has a different viewpoint from “transparency” and “accountability”, and as a
responsible investor, disclosure aims to encourage investment managers and ESG rating agencies tostrengthen their efforts, or promote enhancement of ESG information disclosures by companies, so
as to influence others. Especially in a pension fund that has diversified investments across capital
markets, such as universal owners, while holding shares in thousands of companies, their capacity toengage in individual company one-by-one will be limited due to their limited resources. Therefore,
the idea to influence wider companies simultaneously has come in. As mentioned above, because themovement of pension funds with large AUM attracts the attention of people within the investment
chains, they could have a broader impact on asset managers, ESG rating agencies, and even investee
companies through information disclosure.
Furthermore, regarding “influence”, in recent years, attention has been drawn to collective actions

84
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4
interviews were conducted, there were funds who were clearly aware of other institutional investors
as readers of disclosed information. By revealing what philosophies and principles the fund is based
on, and what kind of activities are conducted, and what kind of effects/results are expected, this will
enlighten other institutional investors, and is hoped that it will lead to collaboration with otherinstitutional investors who can share values and investment horizon.
With regard to the disclosure vehicle on which information is disclosed regarding “transparency”
and “accountability”, because it is closely related to the disclosure of investment activities and

ESG Information Disclosure
by Institutional Investors(e.g. collective engagement, etc.) by asset owners and investment managers. With the funds where

results, it is thought that many of the disclosure is done through the annual report (including theseparate annual report exclusively dedicated to ESG investment). On the other hand, “Influence” isvehicles and approaches, including publication of position papers which stated the expectations
towards companies, and/or the views regarding specific ESG issues for the investment management.
Some of the funds have prepared an annual report dedicated to ESG investment of more than 100
pages, but from the viewpoints of readability and understandabillity for readers, there were also
funds that did not prepare a separate annual report dedicated to ESG investment, and was committed
to incorporating all the necessary information into a single annual report as an integrated report 72.
Since there is currently no established solution on what kind of information disclosure is the best, it
is important to build up good practices by exploring better way of disclosure with the considerationof the situation in which the fund is placed, as well as who and what to tell.

4.1
ESG Information Disclosure by Asset Owners

not necessarily limited to the description in the annual report. Rather, there can be various disclosure

Examples of ESG information disclosure aiming for “influence”
ERAFP (French Public Service Additional Pension Scheme) has formulated and published the“SRI Charter” since its establishment in 2005. In this SRI Charter, five common “values” that are
applicable to all asset class investment of the fund are defined: “the rule of law and human rights”,“social progress”, “democratic employment practices”, “global environment”, “good governance andtransparency”, and corporate evaluation criteria are shown for each. These five values and evaluation
criteria are presented to the entrusted asset managers, and ERAPF itself evaluates investee
companies independently using the ESG rating agencies and uses it for monitoring of the entrusted
asset managers.

72

Based on the interview surveys.

85
86

<ERAPF's SRI Charter (partial excerpt)>

4.1
ESG Information Disclosure by Asset Owners
Source: ERAPF “SRI Charter - 2016” pp.9 & 11
<https://www.rafp.fr/en/sites/rafp_en/files/publication/file/rafp-charte_isr-2016-uk-web-page.pdf>

86
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4
Government Pension Fund - Global (GPFG), has published a series of documents called“Expectation Documents”, which formulate expectations towards investee companies regarding
specific ESG issues within the mandate set by the Ministry of Finance, the governing authority of
GPFG. These Expectation Documents are intended for board members of investee companies as themain readers, and it describes in detail the contents of how a company should address specific ESG
issues and what should be disclosed. By specifically expressing what they expect from companies, it
is hoped that this will improve the practices and information disclosure of companies and ultimately

ESG Information Disclosure
by Institutional Investors

The Norges Bank Investment Management (NBIM), which manages investment of thelead to raising the effectiveness of the fund’s ESG investment.
At the same time, the Expectation Documents are also used as criteria for judgement when NBIM
investee company.
As of March 2019, the Expectation Documents are as follows: three related to the environment(“Water Management” “Ocean Sustainability” “Climate Change Strategy”), four related to thesociety (“Human Rights” “Children’s Rights” “Tax and Transparency” “Anti-corruption”) have beenformulated.

<Seven Expectation Documents published by NBIM>

4.1
ESG Information Disclosure by Asset Owners

evaluates the company, and it is presumed that it also plays a role as a communication tool with theEnvironment
relatedSocietyrelatedSource: NBIM Website

87
88

<Contents on “human rights” in the expected documents by NBIM (excerpt)>

4.1
ESG Information Disclosure by Asset Owners
Source: NBIM “Human Rights: Expectation Toward Companies” pp. 3<https://www.nbim.no/contentassets/0ff34e35ba1a44c3b6c2039466ccbec7/human-rights-expectations-document2.pd
f>

88
89

4
Among the three main motives for asset owners to disclose ESG information, regarding“influence”, we investigate the disclosure of ESG issues (materiality) that the major global pension
funds consider important in their investment management.
Specifically, in Fig. 40, for the 28 funds 73 for which certain information disclosure regarding ESG
investment has been confirmed, the most recent annuals report published as of February 2019
(including separate annual reports dedicated to ESG investments) and information disclosed on thewebsite are surveyed, and information that is considered to indicate materiality was extracted and

ESG Information Disclosure
by Institutional Investors

4.1.3. ESG Issues (Materiality) that Asset Owners Place Importance on for Investment

classified by environment, social and governance categories. The findings are listed in Fig. 41 to 43.
With regard to those related to environmental (E), a large number of references to climate change
identified have clear reference to climate change). Beside the climate changes, there are also
references to environmental issues such as water scarcity, energy efficiency, air pollution and waste
management (Fig. 41).
As for those related to social (S), most frequent references are seen in human rights, including therights of children and workers, followed by issues related to occupational health and safety and theworking conditions. There are also references to issues such as supply chain management andcustomer satisfaction in some funds (Fig. 42).
For governance (G), many mention anti-corruption and remuneration. In addition, some funds also
refer to the problem of cyber security (Fig. 43).
However, there are not many funds that prepare individual documents and make detailed

4.1
ESG Information Disclosure by Asset Owners

have been made (17 out of 18 funds for which any reference to environmental issues has been

descriptions about materiality, such as NBIM’s “Expected Documents” and ERAPF’s “SRI Charter”
mentioned above, but in many cases disclosure is made by providing representative ESG issues to befocused (including examples) in the annual report and/or the website of the fund.
Therefore, with regard to the ESG issues, it is not clear in most cases from what perspective eachfund analyzes and evaluates companies using what kind of indicators, but at least at the level of the
ESG issues mentioned, most of them are overlapped with the common parts of the major global ESG
information disclosure frameworks/standards compiled in Appendix 3. From the above, we shouldbe able to understand that there is not a large gap in the issue level between the ESG issues focusedon by the major global information disclosure frameworks/standards and the ESG issues that the
major global pension funds consider important in the investment management.

73

However, for GPFG, ABP, and PFZW, we also surveyed the information disclosure by NBIM, APG, and PGGM,
which are in charge of investment management for these funds.

8990

Fig41: Environmental (E) Issues that the Major Global Pension Funds Place Importance on
for Investment

4.1
ESG Information Disclosure by Asset Owners

90
91

AUM
Rank
2

Government Pension Fund

Norway5
7

ABP
California Public Employees

Netherlands
U. S.

8

Canada Pension

Canada10PFZWNetherlands

11

California State Teachers

U. S.

13

New York State Common

U. S.

17

Ontario Teachers

Canada21

ATP

Denmark

26
30
41

Future Fund
Washington State Board
Universities Superannuation

Australia
U. S.
U.K.

93

AP Fonden 7

Sweden97

AP Fonden 3

Sweden

99
102
180
196

AP Fonden 4
AP Fonden 2
Ireland Strategic Investment
State Pension

SwedenSwedenIrelandFinlandFund NameCountry

Attribute

Referred environmental issue

Expectation documents(provided
by NBIM)climate change strategy
water management
ocean sustainability
Position paper
climate change and energy sector investment
Examples of engagement program climate change
themesnatural resource availability
Description of ESG factors
climate change and GHG emissions
energy efficiency
air and water pollution
water scarcity
biodiversity
Focus areas
climate change, pollution and emissions
water scarcity
food security
ESG risk factors
climate change
resource efficiency
Sustainability investment themes climate and environment
resource efficiency
pollution and waste management
sustainable infrastructure
Focus areas
climate change
product lifecycle
water & waste
Thematic engagement
CO2 reportingwater
Examples of ESG factors
climate change
Examples of ESG factors
climate change
Examples of ESG matters
climate change
environmental performance management
Portfolio focus
solution to water problems
solution to climate and environmental problems
environment and climate change
Special consideration in ourstewardshipwater treatment and water-related infrastructure
Focus areas
climate and environment
Focus areas
climateESG risks and opportunities
climate change risk and resilience
Key points
pollution and decay
climate change

Note: The disclosure information judged to be equivalent to the materiality of each fund is listed as extracted from theoriginal text. (In addition, terms that refer to environmental issues in general, such as “environment”, have been
omitted.)Source: Prepared by Nissay Asset Management based on Wills Towers Watson (2018) and the websites of each fund.

4
Investment
AUM
Rank
2

Government Pension Fund

Norway7

California Public Employees

U. S.

8

Canada Pension

Canada10PFZWNetherlands

11

California State Teachers

U. S.

Fund NameCountry

Attribute

Referred social issue

New York State Common

U. S.

17

Ontario Teachers

Canada21

ATP

Denmark

Thematic engagement

child labour

26

Future Fund

Australia

Examples of ESG factors

30

Washington State Board

U. S.

Examples of ESG factors

41

Universities Superannuation

U.K.

Examples of ESG matters

95

FRR

FranceSRI principles

97

AP Fonden 3

Sweden102
131

AP Fonden 2
ERAFP

SwedenFranceSpecial consideration in ourstewardship
Focus areas
Five values

human and labour rights
occupational health and safety
supply chain risks
pay equality
labor practices
human diversity
human rights
health and safety
human capital practices
consumer satisfaction
supply chain management
consumer and public healthsocial impacts of corporate acitivity
stakeholder relations
basic human and worker rights
quality of human resource management
consumer and fair trade practices
human rights

180

Ireland Strategic Investment

Ireland

ESG risks and opportunities

189

New Zealand Superannuation

New Zealand

Examples of ESG factors

196

State Pension

Finland

Key points

4.1
ESG Information Disclosure by Asset Owners

13

Expectation documents(provided human rights
by NBIM)
children's rights
Examples of engagement program fair labour practices
health and safety
responsible contracting
diversity
Description of ESG factors
human rights
local impact and employment
child labour
working conditions
health and safety
Focus areas
healthcare
human rights
ESG risk factors
respect for human rights
respect for civil liberties
respect for cultural and ethnic identities
respect for property rights
respect for political rights
discrimination based on race, sex, disability, language
or social status
worker rights
human health
Sustainability investment themes education
demographic empowerment
health and wellbeing
financial inclusion
Focus areas
health, safety & engagement

ESG Information Disclosure
by Institutional Investors

Fig42: Social (S) Issues that the Major Global Pension Funds Place Importance on fordiversity
social progress
democratic labour relations
rule of law and human rights
labour relations
health and workplace safety
employee relations
safetyhuman rights
labour rights

Note: The disclosure information judged to be equivalent to the materiality of each fund is listed as extracted from theoriginal text. (In addition, terms that refer to social issues in general, such as “social issues”, have been omitted.)
Source: Prepared by Nissay Asset Management based on Wills Towers Watson (2018) and the websites of each fund.

91
92

Fig43: Governance (G) Issues that the Major Global Pension Funds Place Importance on for
Investment
AUM
Rank
2

Government Pension Fund

Norway5
7

ABP
California Public Employees

Netherlands
U. S.

Expectation documents(provided
by NBIM)
Position paper
Examples of engagement program

8

Canada Pension

CanadaDescription of ESG factors

17

Ontario Teachers

Canada

Focus areas

26
41

Future Fund
Universities Superannuation

Australia
U.K.

Examples of ESG factors
Examples of ESG matters

Special consideration in ourstewardship
Ownership policy
Key points

Fund NameCountry

Attribute

4.1
ESG Information Disclosure by Asset Owners

97

AP Fonden 3

Sweden110
196

AP Fonden 1
State Pension

SwedenFinlandReferred governance issueanti-corruption
tax and transparency
remunerationalignment of interests
risk management practices
anticorruptionalignment of interests
executive compensation
board independence and effectivenessshareholder rights
cybersecurity
board effectivenesscorruption
cybersecurity
succession planning
executive remuneration
bribery & corruption risk management
anti-corruption
remuneration
anti-corruption
corporate law
competition law
taxation

Note: The disclosure information judged to be equivalent to the materiality of each fund is listed as extracted from theoriginal text. (In addition, governance issues that have nothing to do with ESG information disclosure have been
omitted even if they were mentioned.)
Source: Prepared by Nissay Asset Management based on Wills Towers Watson (2018) and the websites of each fund.

In addition, when the asset owner tries to have “influence” over the entire investment chain, in
addition to the method of directly referring to the materiality in the disclosure data, indirect ways toencourage ESG-related practices and information disclosure to a wide range of companies could befound through interaction with the ESG information disclosure framework developers/standard
setters. In relation to this point, Fig. 44 summarizes the status of participation or involvement in the
major global ESG information disclosure frameworks/standards by the 43 funds 74 in Fig, 40.
Looking at this, TCFD has received largest number of involvement, i.e. 18 funds (of which 2 arealso members of the TCFD) are expressing their support for the TCFD and being named as asupporter as well. It can be seen that the TCFD Final Recommendations have made relatively
significant penetration to the major global pension funds.
Next to TCFD in terms of number is SASB. There are nine funds that are involved in the “Investor
Advisory Group (IAG)” 75 established by SASB or participate in the SASB Alliance. Other than that,funds directly participating in IIRC and GRI are limited. As the number of participating or involved
institutional investors varies depending on the scheme of ESG information disclosure
74

Ibid.
IAG is organized by the world's leading asset owners and managers. For details, see SASB “Supporters”<https://www.sasb.org/investor-use/supporters/>
75

92
93

4
be said that SASB Standards have received a certain level of support and attracted interest from the
major global pension funds 76.
Fig44: Participation and Involvement in ESG Information Disclosure Frameworks/Standards
by Major Global Pension Funds
AUM
Rank

Government Pension Investment
Government Pension Fund
National Pension
Federal Retirement Thrift
ABP
National Social Security
California Public Employees
Canada Pension
Central Provident FundPFZW
California State Teachers
Local Government Officials
New York State Common
Employees Provident FundNew York City Retirement
Florida State Board
Ontario Teachers
Texas Teachers
Employees' Provident
GEPF
ATP
BoeingNew York State Teachers
AT&T
Wisconsin Investment Board
Future FundNorth Carolina
National Federation of Mutual Aid
Pension Fund Association
Washington State Board
Labor Pension Fund
Universities Superannuation
Public Institute for Social Security
National Wealth Fund
AP Fonden 7
FRR
AP Fonden 3
AP Fonden 4
AP Fonden 2
AP Fonden 1
ERAFP
Social Insurance Funds
Ireland Strategic Investment
New Zealand Superannuation
State Pension
Fonds de Compensation
FEFSS

Country

IIRC
CouncilJapan
NorwaySouth Korea
U. S.
Netherlands
China
U. S.
CanadaSingapore
Netherlands
U. S.
Japan
U. S.
Malaysia
U. S.
U. S.
CanadaU. S.
India
South Africa
Denmark
U. S.
U. S.
U. S.
U. S.
Australia
U. S.
Japan
Japan
U. S.
TaiwanU.K.
KuwaitRussiaSwedenFranceSwedenSwedenSwedenSwedenFranceVietnamIreland
New ZealandFinland
Luxembourg
Portugal〇(APG)-IIRC
GRI Board
Ambassadors of Directors〇(APG)-○-GSSB
Member-

SASB
IAG/
Alliance

TCFD
Member

TCFD
Supporter○(NBIM)〇(APG)〇〇〇〇（PGGM） 〇（PGGM）
〇
〇
〇
〇
-

○
○(NBIM)
○
○
○
○
○
○
○
○
○
○
○
○
○
○
○
○
○
-

4.1
ESG Information Disclosure by Asset Owners

1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
35
41
56
61
93
95
97
99
102
110
131
174
180
189
196
230
241

Fund NameESG Information Disclosure
by Institutional Investors

frameworks/standards, it is not always appropriate to simply compare the numbers. However, it canNote: As of March 2019 (does not include past participation).
Source: Prepared by Nissay Asset Management based on Wills Towers Watson (2018), and the websites of IIRC, GRI,SASB and TCFD.

76

In the interview survey, the SASB Standard is currently positioned as a disclosure standard for global companies,
but was published in November 2018 because development has been advanced with the inclusion in regulatory
disclosure documents in the United States in mind. Because of this, there were expectations for further development,
as it still contains disclosure items and indicators that are difficult to apply to companies outside the United States.

93
94

Fig45: Participation and Involvement in ESG Information Disclosure Frameworks/Standards
by Major Global Pension Funds (by Area)
IIRC
GRI Board
GSSB
AmbassadofMemberors
Directors

IIRC
Council
EuropeNorth America
Japan
Others4.1
ESG Information Disclosure by Asset Owners

94
95

1

1
1

SASB
IAG/
Alliance

TCFD
Member
4
5

TCFD
Supporter
1
1

12
6
1

Note: As of March 2019 (does not include past participation).
Source: Prepared by Nissay Asset Management based on Wills Towers Watson (2018), and the websites of IIRC, GRI,SASB and TCFD.

4
The Ontario Teachers’ Pension Plan (OTPP) analyzes materiality in the portfolios of listed andunlisted equities using materiality set by the SASB Standard by industries/sectors.
As a result, the environmental and social issue that had the highest proportion of material
companies in the portfolio was about 62% (based on total market value held) of “climate change”.
However, it was not taken into consideration here that companies that fall under this 62% actually do
address climate change. Following “climate change”, the percentage of material companies were

ESG Information Disclosure
by Institutional Investors

Portfolio materiality analysis using SASB Standards

high for “product lifecycle” at 46%, “health, safety & engagement” at 40%, “water & waste” at 39%,and “product quality & safety” at 37%.

ESG Information Disclosure by Asset Owners<Portfolio materiality analysis using SASB Standards>

4.1

Source: Ontario Teachers “2017 Responsible Investing Report” pp. 7.
<https://www.otpp.com/documents/10179/786418/Responsible+Investing+Report/b61561d3-c285-4f2e-bebc-0aa252
bf4ff6>95
96

4.1.4. Section Summary
In this section, the survey focused on ESG disclosure in major asset funded pension funds in theworld. The key findings are as follows.
First, most of the major global pension funds surveyed, that are mainly PRI signatories, havedisclosed information about ESG investment, and there are many pension funds who publish
separate annual reports which are exclusively dedicated to ESG investment.
Interview surveys were conducted with these funds about their motivations for ESG information
disclosure, and it is revealed that there are the three major motivations (“to fulfill accountability”,“to increase transparency” and “to exert influence”). In particular, in the case of a fund that is a

4.1

(quasi-)governmental institution, in addition to accountability to beneficiaries, it is regarded

ESG Information Disclosure by Asset Owners

important to disclose information to increase transparency to a wider society and stakeholders. Someof the funds have worked to improve transparency in terms of promoting communication andcollaboration with other institutional investors. It is confirmed that in large pension funds that are
called universal owners, information disclosure is performed as a means to have an impact on asset
managers, ESG rating agencies, and investee companies.
With regard to “influence” through information disclosure, we also investigated the status of
disclosure regarding ESG issues (materiality) that each fund places importance on for investment. As
a result, typical ESG issues mentioned by many of the funds are climate change for theenvironmental aspect, human rights, and occupational health and safety for the social aspect, andanti-corruption and remuneration for the governance aspect. These issues are generally included in
the ESG issues covered by the major global ESG information disclosure frameworks/standards.
In addition, Surveys were conducted on the status of participation and involvement of each fund in
the major global ESG information disclosure frameworks/standards, and we found that the TCFD
has gained the most widespread support. With respect to disclosure standards other than TCFD, wehave seen that SASB Standards has gained a certain level of support mainly in North America andEurope.
In addition, disclosure vehicles and approaches to information disclosure by the funds are diverse.
As for the annual report, there is the idea that it would be more convenient to incorporate all thenecessary information into a single annual report, and others where the funds have focused on
preparing a separate annual report exclusively dedicated to ESG investment content. In addition,
regarding materiality for the investment management, while there are a small number of funds
publishing position papers that state funds’ expectations towards companies, and/or the views
regarding specific ESG issues for the investment management, there are others who only briefly
described this in annual reports and/or on their website.

96
97

4
limited history, and no established solution at present, but it is considered important to build up goodpractices by exploring better ways of disclosure by referring to the cases reported in this research.

4.2. ESG Information Disclosure by Asset Managers
Finally, we will take up ESG information disclosure by asset managers. As shown on Fig. 2, asset
managers are positioned between the companies and the asset owners in the investment chain.

ESG Information Disclosure
by Institutional Investors

With regard to ESG information disclosure by asset owners, including pension funds, there is only

In the past, it has been rare for asset managers to disclose information in a form that can beviewed by anyone, such as posting on a website, except for those required by laws or regulations. Of
owners that are customers, for example, based on individual contractual relationships, such
communication is not generally publicized. With regard to relationships with companies, although
investors have asked companies to enhance information disclosure, there has been little information
disclosure from asset managers to companies.
However, in recent years, we have been increased number of asset managers that disclose
information to the public by posting on the website, including the publication of the stewardship
activities report annually.
Fig. 46 shows the presence or absence of information disclosure on ESG issues (materiality) thatare mentioned as important within the investment management process by the asset managers. The
asset managers are among those hired by GPIF, and actually the 25 asset managers that responded tothe questionnaire survey conducted by GPIF in March 2019. In the questionnaire survey, 15 out of

4.2
ESGESG
Information
Information
Disclosure
Disclosure
by Assetby Asset
OwnersManagers

course, although various reports and information provision are carried out individually to asset

25 asset managers (60%) answered that they have “disclosed”.

9798

Fig46: Disclosure Status of ESG Issues (Materiality) that Asset Managers Place Importance on
for Investment

Not Di s closed, 10
Di s closed, 15

ESGESG
Information
information
Disclosure
disclosure
by Asset
for investment
Owners management institution

4.2(n=25)

Note： Samples are 25 external asset managers entrusted by GPIF, who answered questionnaire survey conducted in
March 2019.
Source: Prepared by Nissay Asset Management based on questionnaire survey.

In the questionnaire survey, there are questions about the reason for disclosure to the asset
managers that answered “disclosed”, and about the reasons for non-disclosure about the management
organization that answered “not disclosed”. Fig. 47 summarizes the main reasons for both disclosureand non-disclosure.
The most common reason for disclosure is the improvement in the effectiveness of dialogue(engagement) through the promotion of understanding with the investee company, and it can be said
that the answer contents are conscious of the company as the recipient of the disclosure information.
On the other hand, only a few responses are conscious of customers (asset owners) as recipients ofdisclosed information. This should be due to the fact that, with the asset owner who is the customer,
it is common that the interaction is performed individually on the contractual relationship.
The most common reason for non-disclosure is that it is difficult to show it uniformly because theimportant ESG issues vary from company to company. In judgmental investing in particular, assummarized in Fig. 17, useful ESG information is needed to deepen the understanding of individualcompanies, and the contents are considered to vary depending on the characteristics of the company,
therefore the explanation that it is difficult to show uniformly is considered to have a certain validity.

98
99

4
In addition to the annual stewardship activities report, there were various disclosure vehicles suchas stewardship policies, ESG investment and/or engagement policies, descriptions on the website,
etc.
Summarizing the above, it has been found that the efforts of asset managers to disclose materiality
in the investment management have shown a certain spread, and that the investee company is mainly
perceived as the recipient of the disclosure information. However, depending on the investment
strategy/methodology adopted by the asset managers, they may be uncomfortable in indicating

ESG Information Disclosure
by Institutional Investors

Even if it is disclosed, it will be in the form of disclosing representative cases.

specific ESG issues, it may be considered as one of good ideas to explain in detail the perspective on
ESG issues, the perspective of analysis and evaluation, and the methodology used for making

Fig47: Reason for Disclosure / Reason for Non-Disclosure
Reason for disclosure (only main answers posted)-

To enhance the effectiveness of dialogue (engagement) through understanding building byinvestee companies. (5 asset managers)-

To increase transparency. (2 asset managers)-

To promote understanding by clients/asset owners (1 asset manager)

Reason for non-disclosure (only main answers posted)-

It is difficult to show a uniform set of ESG issues, since the importance of ESG issues varies

4.2
ESGESG
Information
Information
Disclosure
Disclosure
by Assetby Asset
OwnersManagers

investment decisions.

across companies. (5 asset managers)* 2 out of 5 asset managers state that they are considering ESG issues for fundamental
analysis as a reason for varying ESG issues.
-

Do not consider any specific ESG issues because of the investment strategy based on amathematical technique. (1 asset managers)-

Disclosure of a uniform set of ESG issues might discourage investee companies to examine
their materiality on their own.

-

Materiality is reported directly to clients/asset owners. (1 asset managers)

Note: Regarding “reasons for disclosure” and “reason for non-disclosure”, questionnaire surveys are conducted using
a free-form method. The content described above is a summary of the main response content and is not the originaltext of the response content by the asset managers.
Source: prepared by Nissay Asset Management based on survey results

99100Key findings and recommendations
Chapterof
5 theKeyresearch
Findings and Recommendations
This research focused on ESG disclosure in the investment chain and analyzed it from various
perspectives. Specifically, in Chapter 2, we clarify the backgrounds and characteristics of the major

5
Key Findings andRecommendations

5

Chapter

global ESG information disclosure frameworks/standards, as well as the utilization status bycompanies in Japan and overseas. Also, we examine “common parts” and “differences” of eachdisclosure frameworks/standards. Chapter 3 analyzes the relationship between the “common parts”
and the evaluations of major global ESG rating agencies. Chapter 4 focuses on ESG information
disclosure by institutional investors, and conducts surveys on the motivations of major global
pension funds to disclose ESG information, and disclosure status of ESG issues that are material tothe investment management.
The key findings of this research are as follows.
Relationship between ESG investment strategies and information needs
Today, ESG investment strategies adopted by investors are becoming more diverse, and the needsof ESG information would vary according to the strategies. Specifically, the following relationships
are revealed.
For investors who use ESG information in judgmental strategies, there are higher needs of ESG
information that is useful for in-depth understanding of individual companies, and theInternational Integrated Reporting Framework can be seen as a representative example of the
ESG information disclosure framework/standard that meets such information needs.



For investors who use ESG information in systematic and passive investment sstrategies, there
are higher needs of ESG information that is easy to quantify and compare, and the SASB
Standards can be seen as a representative example of standards that meets such informationneeds.

With regard to impact investments, there would be higher needs of information on the impactthat a company has on the economy, environment, and/or society, and the GRI Standards could
be the most relevant standard. However, GRI Standards focuses more on the disclosure ofnegative impact, and it is pointed out that the disclosure items/indicators for positive impactthat many impact investors seek for are in the developing stage at most at present.

“Common parts” and “differences” of the ESG information disclosure frameworks/standards
It is suggested that the “common parts” that are extracted in this research overlap to a certain
extent with the evaluation items of the major global ESG rating agencies and the “common parts”
are also related to the ESG issues that are regareded as material for the investment management by

101
102

the major global pension funds. To enhance ESG information disclosure with being aware of the“common parts” would contribute to more effective and efficient corporate IR practices.
In addition, regarding the “difference”, the following points are clarified.
The International Integrated Reporting Framework does not contradict to any other ESG information
disclosure frameworks/standards. Rather, it is considered to be a complementary relationship. In otherwords, it could be worth pursuing to produce a higher quality integrated report by effectively utilizing
the disclosure items/indicators specified by other disclosure standards such as SASB standards.

The distinctive features of the International Integrated Reporting Framework is that it requires
comprehensive and systematic disclosure of business models, and such information could be
required especially by investors who use ESG information in judgmental investment strategies.



Although both GRI and SASB repeatedly use the word “sustainability” in their standards, themeaning in each is clearly different as the former uses it to mean “sustainability of the planetand social systems”, while the latter uses it to mean “corporate sustainability”. Furthermore, thepurposes of information disclosure are clearly different: the GRI Standards are aiming for“disclosure of impact on economy, environment, and/or society driven by companies”, while
the SASB Standards are aiming for “disclosure of information which is relevant for operating
performance and/or financial conditions of company”. Such differences result in the differencesin disclosure items/indicators set by each standard.

The specific disclosure items/indicators for each industry defined by the SASB Standards are
considered to be useful for companies when disclose information in line with TCFD Final
Recommendations, including climate scenario analysis.

Enhance consistency and convergence of frameworks/standards
One of the features of this research is that the comparative analysis is carried out not only at theconceptual level, but also at the individual disclosure items/indicators’ level for the major global
ESG information disclosure frameworks/standards. The analysis reveals that the disclosure
items/indicators for each standard have a very intricate relationship with each other, which make it
difficult to extract the “common parts” precisely.
This fact would cause a greater confusion in corporate ESG information disclosure forefront, andalso prompt initiatives such as the Better Alignment Project to enhance consistency, as well as
discussions regarding convergence of frameworks/standards.
There are two possible scenarios for the convergence: market-driven and regulatory-driven
convergence. It has been pointed out that the market driven convergence would less probable andregulatory approach would be necessary, since framework developers and standard setters are
generally non-profit organizations (NGOs), and thus selection or organizational merger throght freemarket competition is less likely to occur.

102
103

5
It has become evident that various forms of ESG information disclosure practices including
publication of a separate annual report exclusively dedicated to ESG investment are increasing
among the major global pension funds.
Motivation for such disclosure can be classified into three: “accountability”, “transparency”, and

Key Findings andRecommendations

ESG information disclosure by major global pension funds“influence”. Regarding “influence”, pension funds, especially universal owners, disclose materiality
for their investment management so as to influence external asset managers and/or investee
companies. Such disclosure practices could play an important role in the investment chain.
In addition, pension funds, especially for ones with larger AUM, tend to engage with framework
developers/standard setters directly. In particular, it is observed that TCFD Final Recommendations
have achieved the widest support, and also SASB Standards are gaining attention and support fromthe pension funds.
Based on the above findings, the key recommendations of this research are as follows. It is hopedthat the progress of these efforts will lead to the advancement of ESG investment, and hence thewell-functioning investment chain.
Recommendations for Companies (Investor Relations)Companies should enrich their understanding about the diversified ESG investment
strategies, and the fact that different strategy has different ESG information needs.

Companies that are not actively working on ESG information disclosure at present should
first embark ESG information disclosure by referring to the “common parts” of ESG
information disclosure frameworks/standards.

Companies that are already actively engaging in ESG information disclosure should advancedisclosure beyond the “common parts,” by being aware of the information needs of ESG
investors as end-users of disclosed information.

Recommendations for GPIF/Asset Owners
Universal owners should disclose appropriate ESG information from the perspectives not
only of “accountability” and “transparency,” but also “influence (influencing on external
asset managers behavior and disclosure practices of investee companies throughout
disclosure processes) ”.



As GPIF is not allowed to engage in any single company, ESG information disclosure should
be utilized actively as an alternative ‘tool’ for engagement.

Showing materiality for asset owners – important ESG factors for their investment
management – would provide insights for companies that are questioning “what kind of ESG
information should be disclosed?”, in the sea of ESG information disclosure

103
104

frameworks/standards. In that sense, GPIF should consider disclosure of materiality as othermajor global asset owners do.
Framework developers/standard setters are non-profit organizations (NGOs), and it would beless likely to result in shakeout or be incentivized for organizational mergers throughcompetition as with profit seeking organizations. Hence, asset owners should consider
engaging with framework developers/standard setters toward better commonality andadvancement of frameworks/standards.



Asset owners should encourage entrusted asset managers to support above activities.

Recommendations for Framework Developers/Standard SettersIn order to enhance the convenience for framework/standard users, framework
developers/standard setters should increase their efforts to improve consistency, as well as toclarify common parts and differences at the individual disclosure item and indicator levels.

104
105

List of Disclosure Items and Indicators of
ESG InformationDisclosure Frameworks/
Standards and Classification Results

Appendix1

Appendix

・List of Content Elements of International Integrated Reporting Framework
・List of Dislocusre Items/Indicators of GRI Standards
・List of Accounting Metics of SASB Standards
・List of Recommended Disclosures of TCFD Final Reccomendations
・List of Contents of Guidance for Collaborative Value Creation

・List of Contents of Annual Securities Report
・List of Contents of Corporate Governance Report

List of Disclosure Items and Indicators of ESG InformationDisclosure Frameworks/Standards and Classification Results

・List ot Dislocusre Items and KPIs of Environmental Reporting Guidelines 2018 version

1

105

List of Content Elements of International Integrated Reporting Framework
Disclosure Information Category
KPIs

Strategies andpractices✔

Recognition of ESG
risks and opportunities

C Business model

Identification ofmateriality

How does the organization’s governance structure support its ability
to create value in the short, medium and long term?

Governance

B GovernanceCommunication withstakehoders

What does the organization do and what are the circumstances
under which it operates?

Massage from director
and/or management

List of Disclosure Items and Indicators of ESG InformationDisclosure Frameworks/Standards and Classification Results

106

A Organizational
overview
and external
environment

Business model

1

OutlineSummary oforganization or business

Content Element✔

✔

What is the organization’s business model?

✔
D Risks andopportunities

What are the specific risks and opportunities that affect theorganization’s ability to create value over the short, medium and longterm, and how is the organization dealing with them?

E Strategy andresource allocation

Where does the organization want to go and how does it intend to
get there?

F Performance

To what extent has the organization achieved its strategic objectives
for the period and what are its outcomes in terms of effects on thecapitals?

G Outlook

H Basis of preparationand presentation

✔

✔

✔

What challenges and uncertainties is the organization likely to
encounter in pursuing its strategy, and what are the potential
implications for its business model and future performance?
How does the organization determine what matters to include in the
integrated report and how are such matters quantified or evaluated?

Source: Prepared by Nissay Asset Management Co., Ltd. on the basis of International Integrated Reporting Framework.

✔

✔

✔

Disclosure Information Category
KPIs

Strategies andpractices

Recognition of ESG
risks and opportunities

Identification ofmateriality

GovernanceCommunication withstakehoders

GRI 102:
GeneralDisclosures
2016

Reporting requirements

Massage from director
and/or management

Universal

Disclosure item

Business model

Name

Summary oforganization or business

Category

Appendix

List of Dislocusre Items/Indicators of GRI Standards

1. Organizational profile
Disclosure 102-1
Name of theorganizationa. Name of the organization.

Disclosure 102-2
Activities, brands,
products, andservicesa. A description of the organization’s
activities.
b. Primary brands, products, and services,
including an explanation of any products
or services that are banned in certain
markets.

Disclosure 102-3
Location of
headquarters

a. Location of the organization’s headquarters.

Disclosure 102-4
Location ofoperations

a. Number of countries where the organization operates, and the names of countries
where it has significant operations and/orthat are relevant to the topics covered in
the report.

Disclosure 102-5

a. Nature of ownership and legal form.

✔

Disclosure 102-8
Information on
employees andother workers

Disclosure 102-9
Supply chain✔

a. Markets served, including:i. geographic locations where products
and services are offered;ii. sectors served;
iii. types of customers and beneficiaries.

✔

a. Scale of the organization, including:i. total number of employees;
ii. total number of operations;iii. net sales (for private sector organizations) or net revenues (for public
sector organizations);
iv. total capitalization (for private sector
organizations) broken down in termsof debt and equity;
v. quantity of products or services
provided.

✔

a. Total number of employees by
employment contract (permanent andtemporary), by gender.
b. Total number of employees by
employment contract (permanent andtemporary), by region.
c. Total number of employees by employment type (full-time and part-time), by
gender.
d. Whether a significant portion of theorganization’s activities are performed
by workers who are not employees. If
applicable, a description of the natureand scale of work performed by workers
who are not employees.
e. Any significant variations in the numbers
reported in Disclosures 102-8-a,
102-8-b, and 102-8-c (such as seasonalvariations in the tourism or agriculturalindustries).
f. An explanation of how the data havebeen compiled, including any assumptions made.

✔

a. A description of the organization’s supply
chain, including its main elements asthey relate to the organization’s activities,
primary brands, products, and services.

✔

1
List of Disclosure Items and Indicators of ESG InformationDisclosure Frameworks/Standards and Classification Results

Disclosure 102-7
Scale of theorganization✔

✔

Ownership andlegal form
Disclosure 102-6
Markets served✔

107other workers

Disclosure Information Category

Disclosure 102-12
External
initiatives

a. A list of externally-developed economic,
environmental and social charters,
principles, or other initiatives to which
the organization subscribes, or which itendorses.

✔

Disclosure 102-13
Membership ofassociations

a. A list of the main memberships ofindustry or other associations, andnational or international advocacy
organizations.

✔

✔

2. Strategy
Disclosure 102-14
Statement fromsenior decision-makera. A statement from the most senior decision-maker of the organization (such as
CEO, chair, or equivalent senior position)
about the relevance of sustainability
to the organization and its strategy foraddressing sustainability.

Disclosure 102-15
Key impacts,
risks, andopportunities

a. A description of key impacts, risks, andopportunities.

✔

✔

3. Ethics and integrity
Disclosure 102-16
Values, principles, standards,
and norms of
behavior

a. A description of the organization’svalues, principles, standards, and normsof behavior.

Disclosure 102-17
Mechanisms
for advice andconcerns about
ethicsa. A description of internal and externalmechanisms for:i. seeking advice about ethical andlawful behavior, and organizational
integrity;
ii. reporting concerns about unethical or
unlawful behavior, and organizational
integrity.

✔

Disclosure 102-18
Governancestructurea. Governance structure of the organization,
including committees of the highest
governance body.
b. Committees responsible fordecision-making on economic, environmental, and social topics.

✔

Disclosure 102-19
Delegating
authoritya. Process for delegating authority foreconomic, environmental, and social
topics from the highest governance✔

4. Governance

✔

KPIs

a. Whether and how the organization
applies the Precautionary Principle orapproach.

Strategies andpractices

List of Disclosure Items and Indicators of ESG InformationDisclosure Frameworks/Standards and Classification Results

Disclosure 102-11
Precautionary
Principle orapproach

Recognition of ESG
risks and opportunities✔

Identification ofmateriality

a. Significant changes to the organization’ssize, structure, ownership, or supply
chain, including:i. Changes in the location of, or changes
in, operations, including facility
openings, closings, and expansions;ii. Changes in the share capital structure
and other capital formation, maintenance, and alteration operations (forprivate sector organizations);iii. Changes in the location of suppliers,
the structure of the supply chain, or
relationships with suppliers, including
selection and termination.

Governance

Disclosure 102-10
Significant
changes to theorganization andits supply chain

Communication withstakehoders✔

Massage from director
and/or management

a. A description of the organization’s supply
chain, including its main elements asthey relate to the organization’s activities,
primary brands, products, and services.

Business model

Disclosure 102-9
Supply chain

1

108

✔

Summary oforganization or businessb. Total number of employees by
employment contract (permanent andtemporary), by region.
c. Total number of employees by employment type (full-time and part-time), by
gender.
d. Whether a significant portion of theorganization’s activities are performed
List of Dislocusre Items/Indicators of GRI Standards
by workers who are not employees. If
applicable, a description of the natureand scale of work performed by workers
who are not employees.
e. Any significant variations in the numbers
reported in Disclosures 102-8-a,
102-8-b,Reportingand 102-8-c(such as seasonal
Category
Name
Disclosure item
requirements
variations in the tourism or agriculturalindustries).
f. An explanation of how the data havebeen compiled, including any assumptions made.

ples, standards,
and norms of
behaviorof behavior.

✔

Disclosure 102-20
Executive-level
responsibility
for economic,
environmental,
and social topics

a. Whether the organization has appointed
an executive-level position or positions
with responsibility for economic,
environmental, and social topics.
b. Whether post holders report directly tothe highest governance body.

✔

Disclosure 102-21
Consulting
stakeholders
on economic,
environmental,
and social topics

a. Processes for consultation between
stakeholders and the highest governancebody on economic, environmental, andsocial topics.
b. If consultation is delegated, describe
to whom it is delegated and how theresulting feedback is provided to thehighest governance body.

✔

Disclosure 102-22
Compositionof the highest
governancebody and its
committees

a. Composition of the highest governancebody and its committees by:i. executive or non-executive;ii. independence;iii. tenure on the governance body;iv. number of each individual’s
other significant positions andcommitments, and the nature of thecommitments;
v. gender;
vi. membership of under-representedsocial groups;vii. competencies relating to economic,
environmental, and social topics;viii.
stakeholder representation.

✔

Disclosure 102-23
Chair of thehighest governance bodya. Whether the chair of the highest
governance body is also an executive
officer in the organization.
b. If the chair is also an executive officer,
describe his or her function within theorganization’s management and thereasons for this arrangement.

✔

Disclosure 102-24
Nominating
and selecting
the highest
governance bodya. Nomination and selection processes forthe highest governance body and its
committees.
b. Criteria used for nominating andselecting highest governance bodymembers, including whether and how:i. stakeholders (including shareholders)are involved;
ii. diversity is considered;iii. independence is considered;iv. expertise and experience relating toeconomic, environmental, and social
topics are considered.

✔

a. Processes for the highest governancebody to ensure conflicts of interest are
avoided and managed.
b. Whether conflicts of interest are
disclosed to stakeholders, including, as aminimum:
i. Cross-board membership;
ii. Cross-shareholding with suppliers andother stakeholders;iii. Existence of controlling shareholder;iv. Related party disclosures.

✔

Disclosure 102-26
Role of highest
governance1
List of Disclosure Items and Indicators of ESG InformationDisclosure Frameworks/Standards and Classification Results

Disclosure 102-25
Conflicts ofinterest

Appendixa. Process for delegating authority foreconomic, environmental, and social
topics from the highest governancebody to senior executives and other
employees.

KPIs

Disclosure 102-19
Delegating
authority✔

Strategies andpracticesa. Governancestructureof the organization,
Reportingrequirements
including committees of the highest
governance body.
b. Committees responsible fordecision-making on economic, environmental, and social topics.

Recognition of ESG
risks and opportunities

Disclosureitem
102-18Disclosure
Governancestructure

Identification ofmateriality

GovernanceCommunication withstakehoders

Name

Massage from director
and/or management

Category

Disclosure Information Category
Business model

4. Governance✔

Summary oforganization or business

Disclosure 102-17
a. A description of internal and external
Mechanisms
mechanisms for:for advice andi. seeking advice about ethical andconcerns about
lawful behavior, and organizational
ethicsintegrity;
List of Dislocusre Items/Indicatorsof GRI Standards
ii. reporting concerns about unethical or
unlawful behavior, and organizational
integrity.

✔

109

a. Highest governance body’s and senior
executives’ roles in the development,
approval, and updating of the orga-✔

members, including whether and how:i. stakeholders (including shareholders)are involved;
ii. diversity is considered;iii. independence is considered;iv. expertise and experience relating toeconomic, environmental, and social
topics are considered.

✔

List of Dislocusre Items/Indicators of GRI Standards✔

Disclosure 102-27
Collective knowledge of highest
governance bodya. Measures taken to develop and enhance
the highest governance body’s collective
knowledge of economic, environmental,
and social topics.

✔

Disclosure 102-28
Evaluating thehighest governance body’s
performancea. Processes for evaluating the highest
governance body’s performance withrespect to governance of economic,
environmental, and social topics.
b. Whether such evaluation is independent
or not, and its frequency.
c. Whether such evaluation is a self-assessment.
d. Actions taken in response to evaluationof the highest governance body’s
performance with respect to governanceof economic, environmental, and social
topics, including, as a minimum, changes
in membership and organizational
practice.

✔

Disclosure 102-29
Identifying
and managing
economic, environmental, andsocial impacts

a. Highest governance body’s role inidentifying and managing economic,
environmental, and social topics andtheir impacts, risks, and opportunities –including its role in the implementation ofdue diligence processes.
b. Whether stakeholder consultation isused to support the highest governancebody’s identification and managementof economic, environmental, and social
topics and their impacts, risks, andopportunities.

✔

Disclosure 102-30
Effectiveness ofrisk management
processes

a. Highest governance body’s role inreviewing the effectiveness of the organization’s risk management processes
for economic, environmental, and social
topics.

✔

Disclosure 102-31
Review of
economic,
environmental,
and social topics

a. Frequency of the highest governancebody’s review of economic, environmental, and social topics and theirimpacts, risks, and opportunities.

Disclosure 102-32
Highest governance body’s rolein sustainability
reportinga. The highest committee or position
that formally reviews and approves
the organization’s sustainability reportand ensures that all material topics arecovered.

✔

Disclosure 102-33
Communicating
critical concerns

a. Process for communicating criticalconcerns to the highest governance
body.

✔

Disclosure 102-34
Nature and total
number of criticalconcerns

a. Total number and nature of criticalconcerns that were communicated to thehighest governance body.
b. Mechanism(s) used to address andresolve critical concerns.

✔

Disclosure 102-35
Remuneration
policies

a. Remuneration policies for the highest
governance body and senior executives
for the following types of remuneration:i. Fixed pay and variable pay, including
performance-based pay, equity-based pay, bonuses, and deferredor vested shares;
ii. Sign-on bonuses or recruitment

✔

KPIs

a. Highest governance body’s and senior
executives’ roles in the development,
approval, and updating of the organization’s purpose, value or mission
statements, strategies, policies, andgoals related to economic, environmental, and social topics.

Strategies andpractices

Disclosure 102-26
Role of highest
governancebody in setting
purpose, values,
and strategy

Recognition of ESG
risks and opportunities✔

Identification ofmateriality

GovernanceCommunication withstakehoders

List of Disclosure Items and Indicators of ESG InformationDisclosure Frameworks/Standards and Classification Results

110Disclosure item

Massage from director
and/or management

1

Name

Disclosure Information Category
Business model

Categorya. Processes for the highest governancebody to ensure conflicts of interest are
avoided and managed.
b. Whether conflicts of interest are
disclosed to stakeholders, including, as aminimum:
Reporting requirements
i. Cross-board membership;
ii. Cross-shareholding with suppliers andother stakeholders;iii. Existence of controlling shareholder;iv. Related party disclosures.

Summary oforganization or business

Disclosure 102-25
Conflicts ofinterest

a. The highest committee or position
that formally reviews and approves
the organization’s sustainability reportand ensures that all material topics arecovered.

Disclosure 102-33

a. Process for communicating critical✔

Communicating
concerns to the highest governance
List of Dislocusre Items/Indicatorsof GRI Standards
critical concerns

KPIs

Strategies andpractices

Recognition of ESG
risks and opportunities✔

Identification ofmateriality

Governance✔

1

Disclosure 102-36
Process fordetermining
remunerationa. Process for determining remuneration.
b. Whether remuneration consultants are
involved in determining remuneration
and whether they are independent ofmanagement.
c. Any other relationships that the
remuneration consultants have with theorganization.

✔

Disclosure 102-37
Stakeholders’involvement inremunerationa. How stakeholders’ views are sought andtaken into account regarding remuneration.
b. If applicable, the results of votes on
remuneration policies and proposals.

✔

Disclosure 102-38
Annual totalcompensation
ratio

a. Ratio of the annual total compensation forthe organization’s highest-paid individualin each country of significant operations
to the median annual total compensation
for all employees (excluding the highest-paid individual) in the same country.

✔

Disclosure 102-39
Percentage
increase inannual totalcompensation
ratio

a. Ratio of the percentage increase inannual total compensation for the organization’s highest-paid individual in eachcountry of significant operations to themedian percentage increase in annual
total compensation for all employees(excluding the highest-paid individual) in
the same country.

✔

5. Stakeholder engagement
Disclosure 102-40
List of stakeholder groupsa. A list of stakeholder groups engaged by
the organization.

Disclosure 102-41
Collective
bargaining
agreements

a. Percentage of total employees coveredby collective bargaining agreements.

Disclosure 102-42
Identifying
and selecting
stakeholdersa. The basis for identifying and selecting
stakeholders with whom to engage.

Disclosure 102-43
Approach to
stakeholder
engagement

a. The organization’s approach to
stakeholder engagement, including
frequency of engagement by type andby stakeholder group, and an indicationof whether any of the engagement wasundertaken specifically as part of thereport preparation process.

Disclosure 102-44
Key topics andconcerns raised

a. Key topics and concerns that have beenraised through stakeholder engagement,
including:

✔

✔

✔

List of Disclosure Items and Indicators of ESG InformationDisclosure Frameworks/Standards and Classification Results

a. Remuneration policies for the highest
governance body and senior executives
for the following types of remuneration:i. Fixed pay and variable pay, including
performance-based pay, equity-based pay, bonuses, and deferredor vested shares;
ii. Sign-on bonuses or recruitment
incentive payments;
iii. Termination payments;
iv. Clawbacks;
v. Retirement benefits, including thedifference between benefit schemes
and contribution rates for the highest
governance body, senior executives,and all other employees.
b. How performance criteria in the
remuneration policies relate to thehighest governance body’s and senior
executives’ objectives for economic,
environmental, and social topics.

Communication withstakehoders

Disclosure 102-35
Remuneration
policies

Disclosure Information Category
Massage from director
and/or managementa. Total number and nature of criticalconcerns that were communicated to thehighest governance body.
b. Mechanism(s) used to address andrequirements
resolve Reporting
critical concerns.

Business model

Name

Disclosure 102-34
Nature and total
number of criticalconcerns
Disclosure item

Summary oforganization or business

Category✔

body.

Appendix

Disclosure 102-32
Highest governance body’s rolein sustainability
reporting✔

111

holder groups
Disclosure 102-41
Collective
bargaining
agreements

a. Percentage of total employees coveredby collective bargaining agreements.

✔

List of Dislocusre Items/Indicators
GRI Standards
Disclosure of
102-42a. The basis for identifying and selecting

1
List of Disclosure Items and Indicators of ESG InformationDisclosure Frameworks/Standards and Classification Results

112

Disclosure 102-45
Entities includedin the consolidated financial
statementsa. A list of all entities included in theorganization’s consolidated financial
statements or equivalent documents.
b. Whether any entity included in theorganization’s consolidated financial
statements or equivalent documents is
not covered by the report.

Disclosure 102-46
Defining reportcontent and topic
Boundaries

a. An explanation of the process fordefining the report content and the topic
Boundaries.
b. An explanation of how the organization
has implemented the Reporting
Principles for defining report content.

Disclosure 102-47
List of material
topicsa. A list of the material topics identified in
the process for defining report content.

Disclosure 102-48
Restatements of
informationa. The effect of any restatements of
information given in previous reports, andthe reasons for such restatements.

n/aDisclosure 102-49
Changes inreportinga. Significant changes from previous
reporting periods in the list of material
topics and topic Boundaries.

n/aDisclosure 102-50
Reporting period

a. Reporting period for the information
provided.

n/aDisclosure 102-51
Date of mostrecent reporta. If applicable, the date of the most recent
previous report.

n/aDisclosure 102-52
Reporting cycle

a. Reporting cycle.

n/aDisclosure 102-53
Contact point
for questions
regarding thereporta. The contact point for questions regarding
the report or its contents.

Disclosure 102-54
Claims ofreporting inaccordancewith the GRI
Standards

a. The claim made by the organization, if it
has prepared a report in accordance with
the GRI Standards, either:i. ‘This report has been prepared inaccordance with the GRI Standards:
Core option’;ii. ‘This report has been prepared inaccordance with the GRI Standards:
Comprehensive option’.

Disclosure 102-55
GRI content
index

a. The GRI content index, which specifies
each of the GRI Standards used and lists
all disclosures included in the report.
b. For each disclosure, the content index
shall include:i. the number of the disclosure (fordisclosures covered by the GRI
Standards);
ii. the page number(s) or URL(s) where
the information can be found, either
within the report or in other publishedmaterials;
iii. if applicable, and where permitted,
the reason(s) for omission when a

✔

✔

✔

n/a

n/a

n/a

KPIs

6. Reporting practice

Strategies andpractices✔

Recognition of ESG
risks and opportunities

a. Key topics and concerns that have beenraised through stakeholder engagement,
including:i. how the organization has responded
to those key topics and concerns,
including through its reporting;ii. the stakeholder groups that raised
each of the key topics and concerns.

Identification ofmateriality

Disclosure 102-44
Key topics andconcerns raised✔

Governancea. The organization’s approach to
stakeholder
engagement,
including
Reportingrequirements
frequency of engagement by type andby stakeholder group, and an indicationof whether any of the engagement wasundertaken specifically as part of thereport preparation process.

Communication withstakehoders

Disclosure 102-43
Approach item
toDisclosure
stakeholder
engagement

Massage from director
and/or management

Name✔
Disclosure Information Category
Business model

Category

stakeholders with whom to engage.

Summary oforganization or business

Identifying
and selecting
stakeholders

a. The claim made by the organization, if it
has prepared a report in accordance with
the GRI Standards, either:i. ‘This report has been prepared inaccordance with the GRI Standards:
Core option’;ii. ‘This report has been prepared inaccordance with the GRI Standards:
List of Dislocusre Items/Indicators of GRI Standards
Comprehensive option’.

GRI 201:
Economic
Performance
2016

Disclosure 201-1
Direct economic
value generated
and distributed

1
n/a

✔

a. An explanation of how the organization
manages the topic.
b. A statement of the purpose of the
management approach.
c. A description of the following, if the
management approach includes thatcomponent:i. Policies
ii. Commitments
iii. Goals and targets
iv. Responsibilities
v. Resources
vi. Grievance mechanismsvii. Specific actions, such as processes,
projects, programs and initiatives✔

a. An explanation of how the organization
evaluates the management approach,including:i. the mechanisms for evaluating theeffectiveness of the management
approach;ii. the results of the evaluation of the
management approach;iii. any related adjustments to the
management approach.

✔

a. Direct economic value generated anddistributed (EVG&D) on an accruals
basis, including the basic components
for the organization’s global operations
as listed below. If data are presented ona cash basis, report the justification forthis decision in addition to reporting thefollowing basic components:
i. Direct economic value generated:

List of Disclosure Items and Indicators of ESG InformationDisclosure Frameworks/Standards and Classification Results

Economic

KPIs

Disclosure 103-3
Evaluation of the
management
approach

Strategies andpractices

Disclosure 103-2
The management
approach and its
components

a. An explanation of why the topic ismaterial.
b. The Boundary for the material topic,
which includes a description of:i. where the impacts occur;ii. the organization’s involvement with
the impacts. For example, whether
the organization has caused orcontributed to the impacts, or is
directly linked to the impacts throughits business relationships.
c. Any specific limitation regarding the topic
Boundary.

Recognition of ESG
risks and opportunities

Disclosure 103-1
Explanation of
the material topic
and its Boundary

Identification ofmateriality

GRI 103:
Management
Approach2016

a. A description of the organization’s
policy and current practice with regard
to seeking external assurance for thereport.
b. If the report has been externally assured:i. A reference to the external assurance
report, statements, or opinions. If
not included in the assurance reportaccompanying the sustainability
report, a description of what has andwhat has not been assured and on
what basis, including the assurance
standards used, the level of assurance
obtained, and any limitations of theassurance process;ii. The relationship between the organization and the assurance provider;iii. Whether and how the highest
governance body or senior executives
are involved in seeking external
assurance for the organization’ssustainability report.

Governance

Disclosure 102-56
External
assurancen/aCommunication withstakehoders

Disclosure item

Massage from director
and/or management

Name

Disclosure Information Category
Business model

Categorya. The GRI content index, which specifies
each of the GRI Standards used and lists
all disclosures included in the report.
b. For each disclosure, the content index
Reporting requirements
shall include:i. the number of the disclosure (fordisclosures covered by the GRI
Standards);
ii. the page number(s) or URL(s) where
the information can be found, either
within the report or in other publishedmaterials;
iii. if applicable, and where permitted,
the reason(s) for omission when arequired disclosure cannot be made.

Summary oforganization or business

Disclosure 102-55
GRI content
index

n/a

Appendix

Disclosure 102-54
Claims ofreporting inaccordancewith the GRI
Standards

113

v. Resources
vi. Grievance mechanismsvii. Specific actions, such as processes,
projects, programs and initiatives

KPIs

a. Total monetary value of financial assistance received by the organization fromany government during the reporting
period, including:i. tax relief and tax credits;
ii. subsidies;iii. investment grants, research anddevelopment grants, and otherrelevant types of grant;
iv. awards;
v. royalty holidays;
vi. financial assistance from Export Credit
Agencies (ECAs);vii. financial incentives;
viii.
other financial benefits received
or receivable from any government
forany operation.
b. The information in 201-4-a by country.
c. Whether, and the extent to which, any
government is present in the shareholding structure.

✔

Strategies andpractices

Disclosure 201-4
Financial assistance received
from governmenta. If the plan’s liabilities are met by theorganization’s general resources, theestimated value of those liabilities.
b. If a separate fund exists to pay the plan’spension liabilities:
i. the extent to which the scheme’s
liabilities are estimated to be coveredby the assets that have been set aside
to meet them;ii. the basis on which that estimate has
been arrived at;iii. when that estimate was made.
c. If a fund set up to pay the plan’s pension
liabilities is not fully covered, explain thestrategy, if any, adopted by the employer
to work towards full coverage, and thetimescale, if any, by which the employer
hopes to achieve full coverage.
d. Percentage of salary contributed by
employee or employer.
e. Level of participation in retirement plans,such as participation in mandatory or

Recognition of ESG
risks and opportunities

Disclosure 201-3
Defined benefit
plan obligations
and otherretirement plansa. Risks and opportunities posed byclimate change that have the potential
to generate substantive changes inoperations, revenue, or expenditure,including:i. a description of the risk or opportunity
and its classification as either
physical, regulatory, or other;ii. a description of the impact associatedwith the risk or opportunity;iii. the financial implications of the risk oropportunity before action is taken;
iv. the methods used to manage the risk
or opportunity;v. the costs of actions taken to manage
the risk or opportunity.

Identification ofmateriality

List of Disclosure Items and Indicators of ESG InformationDisclosure Frameworks/Standards and Classification Results

114

Disclosure 201-2
Financial
implications andother risks andopportunities due
to climate change

Governance1

a. Direct economic value generated anddistributed (EVG&D) on an accruals
basis, including the basic components
for the organization’s global operations
as listed below. If data are presented ona cash basis, report the justification forthis decision in addition to reporting thefollowing basic components:
i. Direct economic value generated:revenues;
ii. Economic value distributed: operating
costs, employee wages and benefits,
payments to providers of capital,
payments to government by country,
and community investments;
iii. Economic value retained: ‘direct
economic value generated’ less‘economic value distributed’.
b. Where significant, report EVG&D
separately at country, regional, or market
levels, and the criteria used for defining
significance.

Communication withstakehoders

Disclosure 201-1
Direct economic
value generated
and distributed

Massage from director
and/or management

GRI 201:
Economic
Performance
2016

Business model

Economic

Disclosure Information Category
Summary oforganization or business

Disclosure 103-3
a. An explanation of how the organization
Evaluation of theevaluates the management approach,management
including:approach of GRI Standards
i. the mechanisms for evaluating theList of Dislocusre Items/Indicators
effectiveness of the management
approach;ii. the results of the evaluation of the
management approach;iii. any related adjustments to the
management approach.
Category
Name
Disclosure item
Reporting requirements

✔

✔

✔

✔

✔

✔

employee or employer.
e. Level of participation in retirement plans,such as participation in mandatory or

KPIs

Strategies andpractices

Recognition of ESG
risks and opportunities

Identification ofmateriality

Governance✔

a. When a significant proportion of
employees are compensated based on
wages subject to minimum wage rules,
report the relevant ratio of the entry level
wage by gender at significant locationsof operation to the minimum wage.
b. When a significant proportion ofother workers (excluding employees)
performing the organization’s activities
are compensated based on wages
subject to minimum wage rules, describe
the actions taken to determine whether
these workers are paid above theminimum wage.
c. Whether a local minimum wage is absent
or variable at significant locations ofoperation, by gender. In circumstancesin which different minimums can be used
as a reference, report which minimum
wage is being used.
d. The definition used for ‘significant
locations of operation’.

✔

Disclosure 202-2
Proportion ofsenior management hiredfrom the local
community

a. Percentage of senior management at
significant locations of operation that are
hired from the local community.
b. The definition used for ‘senior management’.
c. The organization’s geographicaldefinition of ‘local’.
d. The definition used for ‘significant
locations of operation’.

✔

Disclosure 203-1
Infrastructure
investments
and services
supporteda. Extent of development of significant
infrastructure investments and services
supported.
b. Current or expected impacts oncommunities and local economies,
including positive and negative impacts
where relevant.
c. Whether these investments and services
are commercial, in-kind, or pro bono
engagements.

Disclosure 203-2
Significant indirect economic
impactsa. Examples of significant identified indirect
economic impacts of the organization,
including positive and negative impacts.
b. Significance of the indirect economic
impacts in the context of external benchmarks and stakeholder priorities, suchas national and international standards,
protocols, and policy agendas.

✔

Disclosure 204-1
Proportion of
spending on
local suppliersa. Percentage of the procurement budget
used for significant locations of operationthat is spent on suppliers local to that
operation (such as percentage of products and services purchased locally).
b. The organization’s geographicaldefinition of ‘local’.
c. The definition used for ‘significant
locations of operation’.

✔

Disclosure 205-1
Operations
assessed forrisks related tocorruption

a. Total number and percentage of
operations assessed for risks related tocorruption.
b. Significant risks related to corruption
identified through the risk assessment.

Disclosure 205-2
Communicationand traininga. Total number and percentage ofgovernance body members that theorganization’s anti-corruption policies

1

✔

✔

List of Disclosure Items and Indicators of ESG InformationDisclosure Frameworks/Standards and Classification Results

GRI 205:
Anti-corruption 2016

Communication withstakehoders

GRI 204:
Procurement
Practices2016

Massage from director
and/or management

GRI 203:
Indirect
Economic
Impacts
2016

Disclosure 202-1
Ratios of standard entry level
wage by gendercompared to
local
minimum wage

Business model

GRI 202:
Market Presence 2016

Disclosure Information Category
Summary oforganization or businessa. Total monetary value of financial assistance received by the organization fromany government during the reporting
period, including:i. tax relief and tax credits;
List of Dislocusre Items/Indicators of GRI Standards
ii. subsidies;iii. investment grants, research anddevelopment grants, and otherrelevant types of grant;
iv. awards;
v. royalty holidays;
Category
Name
Disclosure item
Reportingrequirements
vi. financial
assistancefrom Export Credit
Agencies (ECAs);vii. financial incentives;
viii.
other financial benefits received
or receivable from any government
forany operation.
b. The information in 201-4-a by country.
c. Whether, and the extent to which, any
government is present in the shareholding structure.

Appendix

Disclosure 201-4
Financial assistance received
from government✔

115

impacts in the context of external benchmarks and stakeholder priorities, suchas national and international standards,
protocols, and policy agendas.
Disclosure 204-1
a. Percentage of the procurement budget
GRI 204:
Procurement
Proportion ofused for significant locations of operation
Practices
spending onthat is spent on suppliers local to that
2016
List of Dislocusre
Items/Indicatorsof GRI Standards
local suppliers
operation (such as percentage of prod-

KPIs

Strategies andpractices

Recognition of ESG
risks and opportunities

Identification ofmateriality

GovernanceCommunication withstakehoders

Reporting requirements
a. Total number and percentage of
operations assessed for risks related tocorruption.
b. Significant risks related to corruption
identified through the risk assessment.

Disclosure 205-2
Communicationand training
about anti-corruption policies
and procedures

a. Total number and percentage ofgovernance body members that theorganization’s anti-corruption policies
and procedures have been communicated to, broken down by region.
b. Total number and percentage of
employees that the organization’s
anti-corruption policies and procedures
have been communicated to, broken
down by employee category and region.
c. Total number and percentage ofbusiness partners that the organization’s
anti-corruption policies and procedures
have been communicated to, broken
down by type of business partner andregion. Describe if the organization’s
anti-corruption policies and procedures
have been communicated to any otherpersons or organizations.
d. Total number and percentage of governance body members that have received
training on anti-corruption, broken down
by region.
e. Total number and percentage of
employees that have received training
on anti-corruption, broken down by
employee category and region.

✔

a. Total number and nature of confirmed
incidents of corruption.
b. Total number of confirmed incidents inwhich employees were dismissed or
disciplined for corruption.
c. Total number of confirmed incidents
when contracts with business partners
were terminated or not renewed due toviolations related to corruption.
d. Public legal cases regarding corruption
brought against the organization or its
employees during the reporting period
and the outcomes of such cases.

✔

List of Disclosure Items and Indicators of ESG InformationDisclosure Frameworks/Standards and Classification Results

Disclosure 205-3
Confirmed
incidents ofcorruption andactions taken✔

✔

GRI 206:
Anti-competitive
Behavior
2016

Disclosure 206-1
Legal actions
for anti-competitive behavior,anti-trust, andmonopolypracticesa. Number of legal actions pending orcompleted during the reporting period
regarding anti-competitive behavior andviolations of anti-trust and monopoly
legislation in which the organization has
been identified as a participant.
b. Main outcomes of completed legal
actions, including any decisions or
judgments.

✔

GRI 301:
Materials
2016

Disclosure 301-1
Materials used byweight or volume

a. Total weight or volume of materials thatare used to produce and package theorganization’s primary products andservices during the reporting period, by:i. non-renewable materials used;
ii. renewable materials used.

✔

Disclosure 301-2
Recycled input
materials used

a. Percentage of recycled input materials
used to manufacture the organization’s
primary products and services.

✔

Disclosure 301-3
Reclaimed
products andtheir packaging
materials

a. Percentage of reclaimed products andtheir packaging materials for eachproduct category.
b. How the data for this disclosure havebeen collected.

✔

Disclosure 302-1
Energy consumption within theorganizationa. Total fuel consumption within the organization from non-renewable sources,
in joules or multiples, and including fueltypes used.
b. Total fuel consumption within theorganization from renewable sources,
in joules or multiples, and including fueltypes used.
c. In joules, watt-hours or multiples, theGRI 302:
Energy 2016

116✔

Disclosure item
Disclosure 205-1
Operations
assessed forrisks related tocorruption

1

Environment

Massage from director
and/or management

Name
GRI 205:
Anti-corruption 2016

Business model

Category

Disclosure Information Category
Summary oforganization or businessucts and services purchased locally).
b. The organization’s geographicaldefinition of ‘local’.
c. The definition used for ‘significant
locations of operation’.

ment

Materials
2016

Materials used byweight or volume

are used to produce and package theorganization’s primary products andservices during the reporting period, by:i. non-renewable materials used;
ii. renewable materials used.

✔

KPIs

Strategies andpractices

Recognition of ESG
risks and opportunities

Identification ofmateriality

Governance

✔

✔

1

a. Energy consumption outside of theorganization, in joules or multiples.
b. Standards, methodologies, assumptions,
and/or calculation tools used.
c. Source of the conversion factors used.

✔

Disclosure 302-3
Energy intensity

a. Energy intensity ratio for the organization.
b. Organization-specific metric (thedenominator) chosen to calculate theratio.
c. Types of energy included in the intensity
ratio; whether fuel, electricity, heating,cooling, steam, or all.
d. Whether the ratio uses energy consumption within the organization, outside of it,
or both.

✔

a. Amount of reductions in energy
consumption achieved as a direct resultof conservation and efficiency initiatives,in joules or multiples.
b. Types of energy included in the reductions; whether fuel, electricity, heating,cooling, steam, or all.
c. Basis for calculating reductions inenergy consumption, such as base year
or baseline, including the rationale forchoosing it.
d. Standards, methodologies, assumptions,
and/or calculation tools used.

✔

Disclosure 302-5
Reductions
in energy
requirements ofproducts andservices

a. Reductions in energy requirements ofsold products and services achieved
during the reporting period, in joules ormultiples.
b. Basis for calculating reductions inenergy consumption, such as base year
or baseline, including the rationale forchoosing it.
c. Standards, methodologies, assumptions,
and/or calculation tools used.

✔

Disclosure 303-1
Interactions withwater as a sharedresource

a. A description of how the organizationinteracts with water, including how andwhere water is withdrawn, consumed,
and discharged, and the water-related
impacts caused or contributed to, or
directly linked to the organization’s
activities, products or services by abusiness relationship (e.g., impacts
caused by runoff).
b. A description of the approach used to
identify water-related impacts, including
the scope of assessments, their timeframe, and any tools or methodologies
used.
c. A description of how water-related
impacts are addressed, including how✔

✔

List of Disclosure Items and Indicators of ESG InformationDisclosure Frameworks/Standards and Classification Results

Disclosure 302-2
Energy consumption outside of theorganization

Disclosure 302-4
Reductionof energy
consumption

GRI 303:
Water andEffluents
2018

Communication withstakehoders

a. Total fuel consumption within the organization from non-renewable sources,
in joules or multiples, and including fueltypes used.
b. Total fuel consumption within theorganization from renewable sources,
in joules or multiples, and including fueltypes used.
c. In joules, watt-hours or multiples, thetotal:
i. electricity consumption
ii. heating consumptioniii. cooling consumption
iv. steam consumption
d. In joules, watt-hours or multiples, thetotal:
i. electricity soldii. heating soldiii. cooling soldiv. steam solde. Total energy consumption within theorganization, in joules or multiples.
f. Standards, methodologies, assumptions,
and/or calculation tools used.
g. Source of the conversion factors used.

Massage from director
and/or management

Disclosure 302-1
Energy consumption within theorganization

Disclosure Information Category
Business modelName
GRI 302:
Energy 2016

a. Percentage of reclaimed products andtheir packaging materials for eachproduct category.
b. How the data for this disclosure havebeen collected.
Reporting requirements

Summary oforganization or business

Category

Disclosure 301-3
Reclaimed
products andtheir packaging
materials
Disclosure item✔

Appendix

Disclosure 301-2
a. Percentage of recycled input materials
Recycled input
used to manufacture the organization’smaterials usedprimary products and services.
List of Dislocusre Items/Indicatorsof GRI Standards

117

in energy
requirements ofproducts andservices

during the reporting period, in joules ormultiples.
b. Basis for calculating reductions inenergy consumption, such as base year
or baseline, including the rationale forchoosing it.
c. Standards, methodologies, assumptions,
and/or calculation tools used.

✔

List of Dislocusre Items/Indicators of GRI Standards

✔

✔

KPIs

a. Total water discharge to all areas inmegaliters, and a breakdown of this total
by the following types of destination, if
applicable:
i. Surface water;
ii. Groundwater;iii. Seawater;
iv. Third-party water, and the volumeof this total sent for use to otherorganizations, if applicable.
b. A breakdown of total water discharge toall areas in megaliters by the following
categories:
i. Freshwater (≤1,000 mg/L Total
Dissolved Solids);
ii. Other water (>1,000 mg/L Total
Dissolved Solids).

Strategies andpractices

Disclosure 303-4
Water discharge

a. Total water withdrawal from all areas inmegaliters, and a breakdown of this total
by the following sources, if applicable:
i. Surface water;
ii. Groundwater;iii. Seawater;
iv. Produced water;v. Third-party water.
b. Total water withdrawal from all areas
with water stress in megaliters, and a
breakdown of this total by the following
sources, if applicable:
i. Surface water;
ii. Groundwater;iii. Seawater;
iv. Produced water;v. Third-party water, and a breakdownof this total by the withdrawal sources
listed in i-iv.
c. A breakdown of total water withdrawal
from each of the sources listed inDisclosures 303-3-a and 303-3-b inmegaliters by the following categories:
i. Freshwater (≤1,000 mg/L Total
Dissolved Solids);
ii. Other water (>1,000 mg/L Total
Dissolved Solids).
d. Any contextual information necessary
to understand how the data have been
compiled, such as any standards,
methodologies, and assumptions used.

Recognition of ESG
risks and opportunities

Disclosure 303-3
Water withdrawal

a. A description of any minimum standards
set for the quality of effluent discharge,
and how these minimum standards were
determined, including:i. how standards for facilities operatingin locations with no local discharge
requirements were determined;
ii. any internally developed water quality
standards or guidelines;iii. any sector-specific standards
considered;iv. whether the profile of the receiving
waterbody was considered.

Identification ofmateriality

List of Disclosure Items and Indicators of ESG InformationDisclosure Frameworks/Standards and Classification Results

118

Disclosure 303-2
Managementof waterdischarge-related
impacts

Governance1

Communication withstakehoders

Disclosure item

Disclosure Information Category
Massage from director
and/or management

Name

a. A description of how the organizationinteracts with water, including how andwhere water is withdrawn, consumed,
and discharged, and the water-related
impacts caused or contributed to, or
directly linked to the organization’s
Reportingactivities,
productsrequirements
or services by abusiness relationship (e.g., impacts
caused by runoff).
b. A description of the approach used to
identify water-related impacts, including
the scope of assessments, their timeframe, and any tools or methodologies
used.
c. A description of how water-related
impacts are addressed, including how
the organization works with stakeholders
to steward water as a shared resource,and how it engages with suppliers or
customers with significant water-related
impacts.
d. An explanation of the process for setting
any water-related goals and targets thatare part of the organization’s management approach, and how they relate to
public policy and the local context ofeach area with water stress.

Business model

Category

Disclosure 303-1
Interactions withwater as a sharedresource

Summary oforganization or business

GRI 303:
Water andEffluents
2018

✔

✔

Disclosure of
303-4
a. Total water discharge to all areas in
List of Dislocusre Items/Indicators
GRI Standards
Water discharge

KPIs

Strategies andpractices

Recognition of ESG
risks and opportunities

Identification ofmateriality✔

1a. Total water consumption from all areas inmegaliters.
b. Total water consumption from all areas
with water stress in megaliters.
c. Change in water storage in megaliters,
if water storage has been identified ashaving a significant water-related impact.
d. Any contextual information necessary
to understand how the data have been
compiled, such as any standards,
methodologies, and assumptions used,
including whether the information is
calculated, estimated, modeled, or
sourced from direct measurements, andthe approach taken for this, such as theuse of any sector-specific factors.

✔

a. For each operational site owned, leased,managed in, or adjacent to, protectedareas and areas of high biodiversity
value outside protected areas, thefollowing information:i. Geographic location;ii. Subsurface and underground landthat may be owned, leased, ormanaged by the organization;iii. Position in relation to the protectedarea (in the area, adjacent to, or
containing portions of the protectedarea) or the high biodiversity value
area outside protected areas;
iv. Type of operation (office, manufacturing or production, or extractive);v. Size of operational site in km2 (oranother unit, if appropriate);vi. Biodiversity value characterized by theattribute of the protected area or areaof high biodiversity value outside theprotected area (terrestrial, freshwater,or maritime ecosystem);vii. Biodiversity value characterized bylisting of protected status (such as
IUCN Protected Area Management
Categories, Ramsar Convention,national legislation).

✔

List of Disclosure Items and Indicators of ESG InformationDisclosure Frameworks/Standards and Classification Results

Disclosure 304-1
Operational sites
owned, leased,managed in,or adjacent to,protected areas
and areas of highbiodiversity value
outside protected
areas

Governance

GRI 304:
Biodiversity
2016

Communication withstakehoders

Disclosure 303-5
Water consumption

Massage from director
and/or management

Disclosure item

Business model

Name

Disclosure Information Category
Summary oforganization or business

Categorymegaliters, and a breakdown of this total
by the following types of destination, if
applicable:
i. Surface water;
ii. Groundwater;iii. Seawater;
Reportingrequirements
iv. Third-party
water,and the volumeof this total sent for use to otherorganizations, if applicable.
b. A breakdown of total water discharge toall areas in megaliters by the following
categories:
i. Freshwater (≤1,000 mg/L Total
Dissolved Solids);
ii. Other water (>1,000 mg/L Total
Dissolved Solids).
c. Total water discharge to all areas
with water stress in megaliters, and a
breakdown of this total by the following
categories:
i. Freshwater (≤1,000 mg/L Total
Dissolved Solids);
ii. Other water (>1,000 mg/L Total
Dissolved Solids).
d. Priority substances of concern for which
discharges are treated, including:i. how priority substances of concern
were defined, and any international
standard, authoritative list, or criteria
used;
ii. the approach for setting discharge
limits for priority substances ofconcern;iii. number of incidents of non-compliance with discharge limits.
e. Any contextual information necessary
to understand how the data have been
compiled, such as any standards,
methodologies, and assumptions used.

Appendix

Dissolved Solids);
ii. Other water (>1,000 mg/L Total
Dissolved Solids).
d. Any contextual information necessary
to understand how the data have been
compiled, such as any standards,
methodologies, and assumptions used.

119

List of Dislocusre Items/Indicators of GRI Standards
Disclosure Information Category
KPIs

Strategies andpractices

Recognition of ESG
risks and opportunities

Identification ofmateriality

GovernanceCommunication withstakehoders

List of Disclosure Items and Indicators of ESG InformationDisclosure Frameworks/Standards and Classification Results

120

Massage from director
and/or management

Disclosure item

Reporting requirements

Disclosure 304-2
Significant
impacts of activities, products,
and services on
biodiversity

a. Nature of significant direct and indirect
impacts on biodiversity with reference toone or more of the following:i. Construction or use of manufacturing
plants, mines, and transport infrastructure;ii. Pollution (introduction of substancesthat do not naturally occur in the
habitat from point and non-point
sources);iii. Introduction of invasive species,
pests, and pathogens;iv. Reduction of species;
v. Habitat conversion;
vi. Changes in ecological processes
outside the natural range of variation(such as salinity or changes ingroundwater level).
b. Significant direct and indirect positive
and negative impacts with reference tothe following:i. Species affected;
ii. Extent of areas impacted;
iii. Duration of impacts;
iv. Reversibility or irreversibility of the
impacts.

✔

a. Size and location of all habitat areas
protected or restored, and whether the
success of the restoration measure wasor is approved by independent external
professionals.
b. Whether partnerships exist with third
parties to protect or restore habitat areas
distinct from where the organization has
overseen and implemented restoration orprotection measures.
c. Status of each area based on its
condition at the close of the reporting
period.
d. Standards, methodologies, andassumptions used.

✔

Disclosure 304-4
IUCN Red List
species andnational conservation list species
with habitats inareas affected byoperations

a. Total number of IUCN Red List species
and national conservation list species
with habitats in areas affected by theoperations of the organization, by level ofextinction risk:
i. Critically endangered
ii. Endangerediii. Vulnerable
iv. Near threatenedv. Least concern✔

Disclosure 305-1
Direct (Scope 1)
GHG emissions

a. Gross direct (Scope 1) GHG emissions inmetric tons of CO2 equivalent.
b. Gases included in the calculation;
whether CO2, CH4, N2O, HFCs, PFCs,
SF6, NF3, or all.
c. Biogenic CO2 emissions in metric tons of
CO2 equivalent.
d. Base year for the calculation, if
applicable, including:i. the rationale for choosing it;ii. emissions in the base year;iii. the context for any significant changes
in emissions that triggered recalculations of base year emissions.
e. Source of the emission factors and theglobal warming potential (GWP) rates
used, or a reference to the GWP source.
f. Consolidation approach for emissions;
whether equity share, financial control, or
operational control.
g. Standards, methodologies, assumptions,
and/or calculation tools used.

✔

1

Disclosure 304-3
Habitats
protected or
restored

GRI 305:
Emissions
2016

Business model

Name

Summary oforganization or business

Category

Disclosure 305-2
Energy indirect(Scope 2) GHG

a. Gross location-based energy indirect(Scope 2) GHG emissions in metric tonsof CO2 equivalent.

Emissions
2016

Direct (Scope 1)
GHG emissions✔

a. Gross other indirect (Scope 3) GHG
emissions in metric tons of CO2
equivalent.
b. If available, the gases included in thecalculation; whether CO2, CH4, N2O,
HFCs, PFCs, SF6, NF3, or all.
c. Biogenic CO2 emissions in metric tons of
CO2 equivalent.
d. Other indirect (Scope 3) GHG emissions
categories and activities included in thecalculation.
e. Base year for the calculation, if
applicable, including:i. the rationale for choosing it;ii. emissions in the base year;iii. the context for any significant changes
in emissions that triggered recalculations of base year emissions.
f. Source of the emission factors and theglobal warming potential (GWP) rates
used, or a reference to the GWP source.
g. Standards, methodologies, assumptions,
and/or calculation tools used.

✔

a. GHG emissions intensity ratio for theorganization.
b. Organization-specific metric (thedenominator) chosen to calculate theratio.
c. Types of GHG emissions included in theintensity ratio; whether direct (Scope 1),energy indirect (Scope 2), and/or otherindirect (Scope 3).
d. Gases included in the calculation;
whether CO2, CH4, N2O, HFCs, PFCs,
SF6, NF3, or all.

✔

a. Production, imports, and exports of ODS
in metric tons of CFC-11 (trichlorofluoromethane) equivalent.
b. Substances included in the calculation.
c. Source of the emission factors used.
d. Standards, methodologies, assumptions,
and/or calculation tools used.

✔

a. Production, imports, and exports of ODS
in metric tons of CFC-11 (trichlorofluoromethane) equivalent.
b. Substances included in the calculation.
c. Source of the emission factors used.
d. Standards, methodologies, assumptions,
and/or calculation tools used.

✔

1
List of Disclosure Items and Indicators of ESG InformationDisclosure Frameworks/Standards and Classification Resultsa. Gross location-based energy indirect(Scope 2) GHG emissions in metric tonsof CO2 equivalent.
b. If applicable, gross market-based energy
indirect (Scope 2) GHG emissions inmetric tons of CO2 equivalent.
c. If available, the gases included in thecalculation; whether CO2, CH4, N2O,
HFCs, PFCs, SF6, NF3, or all.
d. Base year for the calculation, if
applicable, including:i. the rationale for choosing it;ii. emissions in the base year;iii. the context for any significant changes
in emissions that triggered recalculations of base year emissions.
e. Source of the emission factors and theglobal warming potential (GWP) rates
used, or a reference to the GWP source.
f. Consolidation approach for emissions;
whether equity share, financial control, or
operational control.
g. Standards, methodologies, assumptions,
and/or calculation tools used.

Appendix✔
KPIs

Strategies andpractices

Recognition of ESG
risks and opportunities

Identification ofmateriality

Disclosure 305-6
Emissions ofozone-depleting
substances(ODS)

Governance

Disclosure 305-5
Reduction of
GHG emissions

Communication withstakehoders

Disclosure 305-4
GHG emissions
intensity

Massage from director
and/or management

Disclosure 305-3
Other indirect(Scope 3) GHG
emissions

Business model

Disclosure 305-2
Energy indirect(Scope 2) GHG
emissionsDisclosure Information Category
Summary oforganization or businessmetric tons of CO2 equivalent.
b. Gases included in the calculation;
whether CO2, CH4, N2O, HFCs, PFCs,
SF6, NF3, or all.
c. Biogenic CO2 emissions in metric tons of
CO2 equivalent.
d. Base year for the calculation, if
applicable, including:i. the rationale for choosing it;
List of Dislocusre Items/Indicators of GRI Standards
ii. emissions in the base year;iii. the context for any significant changes
in emissions that triggered recalculations of base year emissions.
e. Source of the emission factors and theglobal warming potential (GWP) rates
Category
Name
Disclosure item
requirements
used, orReportinga reference
to the GWP source.
f. Consolidation approach for emissions;
whether equity share, financial control, or
operational control.
g. Standards, methodologies, assumptions,
and/or calculation tools used.

121

ratio.
c. Types of GHG emissions included in theintensity ratio; whether direct (Scope 1),energy indirect (Scope 2), and/or otherindirect (Scope 3).
d. Gases included in the calculation;
whether CO2, CH4, N2O, HFCs, PFCs,
SF6, NF3, or all.

✔

List of Dislocusre Items/Indicators of GRI Standards

KPIs

Strategies andpractices

Recognition of ESG
risks and opportunities

Identification ofmateriality

Governance

List of Disclosure Items and Indicators of ESG InformationDisclosure Frameworks/Standards and Classification Results

122✔

Disclosure 305-6
Emissions ofozone-depleting
substances(ODS)

a. Production, imports, and exports of ODS
in metric tons of CFC-11 (trichlorofluoromethane) equivalent.
b. Substances included in the calculation.
c. Source of the emission factors used.
d. Standards, methodologies, assumptions,
and/or calculation tools used.

Disclosure 305-7
Nitrogen oxides(NOX), sulfur
oxides (SOX),
and othersignificant air
emissionsa. Significant air emissions, in kilograms or
multiples, for each of the following:i. NOX
ii. SOX
iii. Persistent organic pollutants (POP)iv. Volatile organic compounds (VOC)v. Hazardous air pollutants (HAP)vi. Particulate matter (PM)vii. Other standard categories of air emissions identified in relevant regulations
b. Source of the emission factors used.
c. Standards, methodologies, assumptions,
and/or calculation tools used.

✔

Disclosure 306-1
Water discharge
by quality anddestinationa. Total volume of planned and unplannedwater discharges by:i. destination;
ii. quality of the water, including
treatment method;iii. whether the water was reused byanother organization.
b. Standards, methodologies, andassumptions used.

✔

a. Total weight of hazardous waste, witha breakdown by the following disposal
methods where applicable:
i. Reuse
ii. Recyclingiii. Compostingiv. Recovery, including energy recovery
v. Incineration (mass burn)vi. Deep well injection
vii. Landfill
viii.On-site storageix. Other (to be specified by the organization)b. Total weight of non-hazardous waste,with a breakdown by the following
disposal methods where applicable:
i. Reuse
ii. Recyclingiii. Compostingiv. Recovery, including energy recovery
v. Incineration (mass burn)vi. Deep well injection
vii. Landfill
viii.On-site storageix. Other (to be specified by the organization)c. How the waste disposal method has
been determined:
i. Disposed of directly by the organization, or otherwise directly confirmed
ii. Information provided by the waste
disposal contractor
iii. Organizational defaults of the waste
disposal contractor✔

a. Total number and total volume ofrecorded significant spills.
b. The following additional informationfor each spill that was reported in theorganization’s financial statements:
i. Location of spill;ii. Volume of spill;iii. Material of spill, categorized by: oilspills (soil or water surfaces), fuelspills (soil or water surfaces), spills ofwastes (soil or water surfaces), spillsof chemicals (mostly soil or water
surfaces), and other (to be specified
by the organization).
c. Impacts of significant spills.

✔

1

GRI 306:
Effluentsand Waste
2016

Communication withstakehoders

Disclosure item

Massage from director
and/or management

Name

Disclosure Information Category
Business model

Categorya. Production, imports, and exports of ODS
in metric tons of CFC-11 (trichlorofluoromethane) equivalent.
b. Substances included in the calculation.
c. Source of the emission factors used.
d. Standards, methodologies, assumptions,
Reporting requirements
and/or calculation
tools used.

Summary oforganization or business

Disclosure 305-5
Reduction of
GHG emissions

Disclosure 306-2
Waste by typeand disposal
methodDisclosure 306-3
Significant spills✔

List of Dislocusre Items/Indicators of GRI Standards
Disclosure 306-3
Significant spillsa. Significant fines and non-monetary
sanctions for non-compliance withenvironmental laws and/or regulations interms of:i. total monetary value of significant
fines;
ii. total number of non-monetary
sanctions;iii. cases brought through dispute
resolution mechanisms.
b. If the organization has not identified any
non-compliance with environmental laws
and/or regulations, a brief statement of
this fact is sufficient.

✔

✔

1

✔

✔

Disclosure 308-1
New suppliers
that werescreened using
environmental
criteria

a. Percentage of new suppliers that werescreened using environmental criteria.

Disclosure 308-2
Negativeenvironmental
impacts in the
supply chain andactions taken

a. Number of suppliers assessed forenvironmental impacts.
b. Number of suppliers identified as having
significant actual and potential negativeenvironmental impacts.
c. Significant actual and potential negativeenvironmental impacts identified in the
supply chain.
d. Percentage of suppliers identified ashaving significant actual and potential
negative environmental impacts withwhich improvements were agreed upon
as a result of assessment.
e. Percentage of suppliers identified ashaving significant actual and potential
negative environmental impacts withwhich relationships were terminated as aresult of assessment, and why.

✔

Disclosure 401-1
New employee
hires and
employeeturnovera. Total number and rate of new employee
hires during the reporting period, by age
group, gender and region.
b. Total number and rate of employee
turnover during the reporting period, by
age group, gender and region.

✔

Disclosure 401-2
Benefits provided
to full-timea. Benefits which are standard for full-time
employees of the organization but are
not provided to temporary or part-time✔

List of Disclosure Items and Indicators of ESG InformationDisclosure Frameworks/Standards and Classification Resultsa. Water bodies and related habitatsthat are significantly affected by water
discharges and/or runoff, including
information on:i. the size of the water body and related
habitat;ii. whether the water body and related
habitat is designated as a nationally orinternationally protected area;iii. the biodiversity value, such as total
number of protected species.

KPIs

GRI 401:
Employment
2016

a. Total weight for each of the following:i. Hazardous waste transported
ii. Hazardous waste imported
iii. Hazardous waste exported
iv. Hazardous waste treatedb. Percentage of hazardous waste shippedinternationally.
c. Standards, methodologies, andassumptions used.

Strategies andpractices

SocialRecognition of ESG
risks and opportunities

GRI 308:
Supplier Environmental
Assessment
2016

Disclosure 307-1
Non-compliancewith environmental laws andregulations

Identification ofmateriality

GRI 307: Environmental
Compliance
2016

Governance

Disclosure 306-5
Water bodies
affected by water
discharges and/or runoff

Communication withstakehoders

Disclosure 306-4
Transport ofhazardous waste

Massage from director
and/or management

Disclosure item

Business model

Name

Disclosure Information Category
Summary oforganization or business

Categorya. Total number and total volume ofrecorded significant spills.
b. The following additional informationfor each spill that was reported in theorganization’s financial statements:
i. Location of spill;
Reportingii. Volumeof spill;requirements
iii. Material of spill, categorized by: oilspills (soil or water surfaces), fuelspills (soil or water surfaces), spills ofwastes (soil or water surfaces), spillsof chemicals (mostly soil or water
surfaces), and other (to be specified
by the organization).
c. Impacts of significant spills.

Appendixc. How the waste disposal method has
been determined:
i. Disposed of directly by the organization, or otherwise directly confirmed
ii. Information provided by the waste
disposal contractor
iii. Organizational defaults of the waste
disposal contractor

123actions taken

KPIs

Strategies andpractices

Recognition of ESG
risks and opportunities

Identification ofmateriality

Governance

List of Disclosure Items and Indicators of ESG InformationDisclosure Frameworks/Standards and Classification Results

124

GRI 403:
Occupational Healthand Safety
2018

Communication withstakehoders

Disclosure 401-1
Disclosure item
New employee
hires and
employeeturnovera. Total number and rate of new employee
Reporting requirements
hires during the reporting period, by age
group, gender and region.
b. Total number and rate of employee
turnover during the reporting period, by
age group, gender and region.

Disclosure 401-2
Benefits provided
to full-time
employees thatare not provided
to temporary
or part-time
employees

a. Benefits which are standard for full-time
employees of the organization but are
not provided to temporary or part-time
employees, by significant locations ofoperation. These include, as a minimum:i. life insurance;ii. health care;iii. disability and invalidity coverage;
iv. parental leave;
v. retirement provision;vi. stock ownership;vii. others.
b. The definition used for ‘significant
locations of operation’.

✔

Disclosure 401-3
Parental leavea. Total number of employees that wereentitled to parental leave, by gender.
b. Total number of employees that tookparental leave, by gender.
c. Total number of employees that returned
to work in the reporting period afterparental leave ended, by gender.
d. Total number of employees that returned
to work after parental leave ended thatwere still employed 12 months after theirreturn to work, by gender.
e. Return to work and retention rates of
employees that took parental leave, bygender.

✔

Disclosure 402-1
Minimum notice
periods regarding
operationalchangesa. Minimum number of weeks’ noticetypically provided to employees and theirrepresentatives prior to the implementation of significant operational changes
that could substantially affect them.
b. For organizations with collective
bargaining agreements, report whether
the notice period and provisions
for consultation and negotiation are
specified in collective agreements.

✔

Disclosure 403-1
Occupational
health and safety
management
systema. A statement of whether an occupational
health and safety management system
has been implemented, including
whether:i. the system has been implemented
because of legal requirements and, if
so, a list of the requirements;
ii. the system has been implemented
based on recognized risk management and/or management systemstandards/guidelines and, if so, a listof the standards/guidelines.
b. A description of the scope of workers,
activities, and workplaces coveredby the occupational health and safety
management system, and an explanationof whether and, if so, why any workers,
activities, or workplaces are not covered.

1

GRI 402:
Labor/Management
Relations2016

Massage from director
and/or management

GRIName401:
Employment
2016

Disclosure Information Category
Business modelSocialCategory✔

Summary oforganization or businessc. Significant actual and potential negativeenvironmental impacts identified in the
supply chain.
d. Percentage of suppliers identified ashaving significant actual and potential
negative environmental impacts withwhich improvements were agreed upon
as a result of assessment.
e. Percentage of suppliers identified as
List of Dislocusre Items/Indicators of GRI Standards
having significant actual and potential
negative environmental impacts withwhich relationships were terminated as aresult of assessment, and why.

Disclosure 403-2
Hazardidentification,risk assessment,
and incident
investigation

a. A description of the processes used to
identify work-related hazards and assess
risks on a outine and non-routine basis,and to apply the hierarchy of controls inorder to eliminate hazards and minimizerisks, including:i. how the organization ensures thequality of these processes, including
the competency of persons who carrythem out;
ii. how the results of these processes
are used to evaluate and continually
improve the occupational health andsafety management system.
b. A description of the processes forworkers to report work-related hazards
and hazardous situations, and an
explanation of how workers are protected

✔

✔

✔

✔

a. A description of the processes used to

identification,risk assessment,
and incident
investigation

risks on a outine and non-routine basis,and to apply the hierarchy of controls inorder to eliminate hazards and minimizerisks, including:i. how the organization ensures thequality of these processes, including
Reporting requirements
the competencyof persons who carrythem out;
ii. how the results of these processes
are used to evaluate and continually
improve the occupational health andsafety management system.
b. A description of the processes forworkers to report work-related hazards
and hazardous situations, and an
explanation of how workers are protectedagainst reprisals.
c. A description of the policies andprocesses for workers to remove
themselves from work situations that they
believe could cause injury or ill health,and an explanation of how workers areprotected against reprisals.
d. A description of the processes used
to investigate work-related incidents,
including the processes to identify
hazards and assess risks relating to
the incidents, to determine corrective
actions using the hierarchy of controls,
and to determine improvements neededin the occupational health and safety
management system.

Strategies andpractices✔

✔

1

a. A description of the occupational healthservices’ functions that contribute to
the identification and elimination of
hazards and minimization of risks, andan explanation of how the organization
ensures the quality of these services andfacilitates workers’ access to them.

✔

a. A description of the processes forworker participation and consultation in
the development, implementation, andevaluation of the occupational healthand safety management system, and forproviding access to and communicating
relevant information on occupational
health and safety to workers.
b. Where formal joint management–worker
health and safety committees exist,
a description of their responsibilities,
meeting frequency, decision-making
authority, and whether and, if so, why any
workers are not represented by thesecommittees.

✔

Disclosure 403-5
Worker training
on occupational
health and safety

a. A description of any occupational healthand safety training provided to workers,
including generic training as well as
training on specific work-related hazards,
hazardous activities, or hazardous
situations.

✔

Disclosure 403-6
Promotion ofworker healtha. An explanation of how the organization
facilitates workers’ access to non-occupational medical and healthcare
services, and the scope of accessprovided.
b. A description of any voluntary healthpromotion services and programs
offered to workers to address major
non-work-related health risks, including
the specific health risks addressed, andhow the organization facilitates workers’
access to these services and programs.

✔

Disclosure 403-4
Workerparticipation,
consultation, andcommunication
on occupational
health and safety

Disclosure 403-7
Prevention andmitigation ofoccupational
health andsafety impacts
directly linked
by business
relationships

a. A description of the organization’s
approach to preventing or mitigating
significant negative occupational healthand safety impacts that are directly linked
to its operations, products or services by
its business relationships, and the related
hazards and risks.

Disclosure 403-8
Workers coveredby an occupational health anda. If the organization has implemented
an occupational health and safety
management system based on legal
requirements and/or recognized

KPIs

Recognition of ESG
risks and opportunities

Identification ofmateriality

GovernanceCommunication withstakehoders

Disclosure 403-3
Occupational
health services

Massage from director
and/or management

Disclosure item

Business model

Name

Summary oforganization or business

Category

Disclosure Information Category

List of Disclosure Items and Indicators of ESG InformationDisclosure Frameworks/Standards and Classification Results

Disclosure 403-2

Hazardidentify work-related hazards and assess
List of Dislocusre Items/Indicatorsof GRI Standards

Appendixb. A description of the scope of workers,
activities, and workplaces coveredby the occupational health and safety
management system, and an explanationof whether and, if so, why any workers,
activities, or workplaces are not covered.

✔

125

worker healthcupational medical and healthcare
services, and the scope of accessprovided.
b. A description of any voluntary healthpromotion services and programs
offered to workers to address major
non-work-related health risks, including
the specific health risks addressed, andList of Dislocusre Items/Indicators of GRI Standards
how the organization facilitates workers’
access to these services and programs.

KPIs

Strategies andpractices

Recognition of ESG
risks and opportunities

Identification ofmateriality

GovernanceCommunication withstakehoders

Massage from director
and/or management

Disclosure 403-7
Prevention andmitigation ofoccupational
Disclosure
item
health andsafety impacts
directly linked
by business
relationships

a. A description of the organization’s
approach to preventing or mitigating
significant negative occupational healthand safety
impactsrequirementsthat are directly linked
Reportingto its operations, products or services by
its business relationships, and the related
hazards and risks.

Disclosure 403-8
Workers coveredby an occupational health andsafety management systema. If the organization has implemented
an occupational health and safety
management system based on legal
requirements and/or recognized
standards/guidelines:
i. the number and percentage of all
employees and workers who are not
employees but whose work and/or workplace is controlled by theorganization, who are covered by sucha system;ii. the number and percentage of all
employees and workers who are not
employees but whose work and/or workplace is controlled by theorganization, who are covered bysuch a system that has been internallyaudited;iii. the number and percentage of all
employees and workers who are not
employees but whose work and/or workplace is controlled by theorganization, who are covered bysuch a system that has been audited
or certified by an external party.
b. Whether and, if so, why any workers
have been excluded from this disclosure,including the types of worker excluded.
c. Any contextual information necessary
to understand how the data have been
compiled, such as any standards,
methodologies, and assumptions used.

✔

a. For all employees:
i. The number and rate of fatalities as aresult of work-related injury;
ii. The number and rate of high-consequence work-related injuries(excluding fatalities);
iii. The number and rate of recordable
work-related injuries;
iv. The main types of work-related injury;
v. The number of hours worked.
b. For all workers who are not employees
but whose work and/or workplace iscontrolled by the organization:
i. The number and rate of fatalities as aresult of work-related injury;
ii. The number and rate of high-consequence work-related injuries(excluding fatalities);
iii. The number and rate of recordable
work-related injuries;
iv. The main types of work-related injury;
v. The number of hours worked.
c. The work-related hazards that pose a riskof high-consequence injury, including:i. how these hazards have been
determined;
ii. which of these hazards have caused
or contributed to high-consequence
injuries during the reporting period;iii. actions taken or underway to eliminate
these hazards and minimize risks
using the hierarchy of controls.
d. Any actions taken or underway toeliminate other work-related hazards
and minimize risks using the hierarchy ofcontrols.
e. Whether the rates have been calculated
based on 200,000 or 1,000,000 hours
worked.
f. Whether and, if so, why any workers
have been excluded from this disclosure,including the types of worker excluded.
g. Any contextual information necessary
to understand how the data have been
compiled, such as any standards,
methodologies, and assumptions used.

✔

1
List of Disclosure Items and Indicators of ESG InformationDisclosure Frameworks/Standards and Classification Results

126

Business model

Name

Disclosure Information Category
Summary oforganization or business

Category✔

Disclosure 403-9
Work-related
injuries✔

a. For all employees:
i. The number of fatalities as a result ofwork-related ill health;ii. The number of cases of recordable
work-related ill health;iii. The main types of work-related illhealth.
b. For all workers who are not employees
but whose work and/or workplace iscontrolled by the organization:
i. The number of fatalities as a result ofwork-related ill health;ii. The number of cases of recordable
work-related ill health;iii. The main types of work-related illhealth.
c. The work-related hazards that pose a riskof ill health, including:i. how these hazards have been
determined;
ii. which of these hazards have caused
or contributed to cases of ill healthduring the reporting period;iii. actions taken or underway to eliminate
these hazards and minimize risks
using the hierarchy of controls.
d. Whether and, if so, why any workers
have been excluded from this disclosure,including the types of worker excluded.
e. Any contextual information necessary
to understand how the data have been
compiled, such as any standards,
methodologies, and assumptions used.

✔

Disclosure 404-1
Average hours of
training per year
per employee

a. Average hours of training that theorganization’s employees have undertakenduring the reporting period, by:i. gender;ii. employee category.

✔

Disclosure 404-2
Programs for
upgradingemployee skills
and transition
assistanceprograms

a. Type and scope of programs implemented and assistance provided to
upgrade employee skills.
b. Transition assistance programs provided
to facilitate continued employability
and the management of career endings
resulting from retirement or termination of
employment.

Disclosure 404-3
Percentageof employees
receiving regularperformance andcareer development reviews

a. Percentage of total employees by genderand by employee category who received
a regular performance and careerdevelopment review during the reporting
period.

Disclosure 405-1
Diversity of
governancebodies andemployeesa. Percentage of individuals within theorganization’s governance bodies ineach of the following diversity categories:
i. Gender;
ii. Age group: under 30 years old, 30-50
years old, over 50 years old;iii. Other indicators of diversity where
relevant (such as minority orvulnerable groups).
b. Percentage of employees per employee
category in each of the following diversity
categories:
i. Gender;
ii. Age group: under 30 years old, 30-50
years old, over 50 years old;iii. Other indicators of diversity where
relevant (such as minority or

Appendix

KPIs

Strategies andpractices

Recognition of ESG
risks and opportunities

Identification ofmateriality

GovernanceCommunication withstakehoders

1

✔

✔

✔

List of Disclosure Items and Indicators of ESG InformationDisclosure Frameworks/Standards and Classification Results

GRI 405:
Diversityand Equal
Opportunity
2016

Massage from director
and/or management

GRI 404:
Training and
Education
2016

Disclosure Information Category
Business model

Disclosure 403-10
Work-related illhealth✔

Summary oforganization or businessv. The number of hours worked.
c. The work-related hazards that pose a riskof high-consequence injury, including:i. how these hazards have been
determined;
ii. which of these hazards have caused
or contributed to high-consequence
injuries during the reporting period;iii. actions taken or underway to eliminate
List of Dislocusre Items/Indicators of GRI Standards
these hazards and minimize risks
using the hierarchy of controls.
d. Any actions taken or underway toeliminate other work-related hazards
and minimize risks using the hierarchy ofcontrols.
Category
Name
Disclosure item
e. WhetherReporting
the rates requirements
have been calculated
based on 200,000 or 1,000,000 hours
worked.
f. Whether and, if so, why any workers
have been excluded from this disclosure,including the types of worker excluded.
g. Any contextual information necessary
to understand how the data have been
compiled, such as any standards,
methodologies, and assumptions used.

✔

127

Disclosure 404-3
Percentageof employees
receiving regularperformance andcareer development reviews

a. Percentage of total employees by genderand by employee category who received
a regular performance and careerdevelopment review during the reporting
period.

✔

Disclosure of
405-1
a. Percentage of individuals within the
List of Dislocusre
GRI Standards
GRI 405:Items/Indicators

KPIs

GRI 410:
Security
Practices
2016

Strategies andpractices

GRI 409:
Forced orCompulsory
Labor 2016

Recognition of ESG
risks and opportunities

GRI 408:
Child Labor
2016

Identification ofmateriality

GRI 407:
Freedomof Association andCollective
Bargaining
2016

Governance

GRI 406:
Non-discrimination
2016

Communication withstakehoders

Disclosure item

Disclosure Information Category
Massage from director
and/or management

List of Disclosure Items and Indicators of ESG InformationDisclosure Frameworks/Standards and Classification Results

128

Name

organization’s governance bodies ineach of the following diversity categories:
i. Gender;
ii. Age group: under 30 years old, 30-50
years old, over 50 years old;iii. Other indicators of diversity where
Reportingrequirements
relevant(such asminority orvulnerable groups).
b. Percentage of employees per employee
category in each of the following diversity
categories:
i. Gender;
ii. Age group: under 30 years old, 30-50
years old, over 50 years old;iii. Other indicators of diversity where
relevant (such as minority orvulnerable groups).

Business model

1

Diversity of
governancebodies andemployees

Summary oforganization or business

Category

Diversityand Equal
Opportunity
2016✔

Disclosure 405-2
Ratio of basic
salary andremuneration of
women to men

a. Ratio of the basic salary and remuneration of women to men for each employee
category, by significant locations ofoperation.
b. The definition used for ‘significant
locations of operation’.

✔

Disclosure 406-1
Incidents of
discriminationand corrective
actions takena. Total number of incidents of discrimination during the reporting period.
b. Status of the incidents and actions takenwith reference to the following:i. Incident reviewed by the organization;
ii. Remediation plans being implemented;
iii. Remediation plans that have been
implemented, with results reviewed
through routine internal management
review processes;
iv. Incident no longer subject to action.

✔

Disclosure 407-1
Operations andsuppliers inwhich the rightto freedom of
associationand collective
bargaining may
be at risk

a. Operations and suppliers in which
workers’ rights to exercise freedom of
association or collective bargaining may
be violated or at significant risk either interms of:i. type of operation (such as manufacturing plant) and supplier;ii. countries or geographic areas with
operations and suppliers considered
at risk.
b. Measures taken by the organization in
the reporting period intended to supportrights to exercise freedom of associationand collective bargaining.

✔

✔

Disclosure 408-1
Operations andsuppliers at
significant risk forincidents of childlabor

a. Operations and suppliers considered tohave significant risk for incidents of:i. child labor;
ii. young workers exposed to hazardouswork.
b. Operations and suppliers considered tohave significant risk for incidents of childlabor either in terms of:i. type of operation (such as manufacturing plant) and supplier;ii. countries or geographic areas with
operations and suppliers considered
at risk.
c. Measures taken by the organizationin the reporting period intended tocontribute to the effective abolition ofchild labor.

✔

✔

Disclosure 409-1
Operations andsuppliers at
significant risk
for incidents offorced or compulsory labora. Operations and suppliers considered
to have significant risk for incidents offorced or compulsory labor either interms of:i. type of operation (such as manufacturing plant) and supplier;ii. countries or geographic areas with
operations and suppliers considered
at risk.
b. Measures taken by the organizationin the reporting period intended tocontribute to the elimination of all formsof forced or compulsory labor.

✔

✔

Disclosure 410-1
Security
personnel trainedin human rights
policies orproceduresa. Percentage of security personnel who
have received formal training in theorganization’s human rights policies or
specific procedures and their application
to security.
b. Whether training requirements also apply✔

c. Measures taken by the organizationin the reporting period intended tocontribute to the effective abolition ofchild labor.

a. Total number of hours in the reporting
period devoted to training on humanrights policies or procedures concerning
aspects of human rights that are relevant
to operations.
b. Percentage of employees trained during
the reporting period in human rights
policies or procedures concerning
aspects of human rights that are relevant
to operations.

Disclosure 412-3
Significant
investment
agreements andcontracts that
include humanrights clauses orthat underwent
human rights
screeninga. Total number and percentage ofsignificant investment agreements andcontracts that include human rights
clauses or that underwent human rights
screening.
b. The definition used for ‘significant
investment agreements’.

Disclosure 413-1
Operations withlocal community
engagement,
impactassessments,
and development
programs

a. Percentage of operations with implemented local community engagement,
impact assessments, and/or development programs, including the use of:i. social impact assessments, including
gender impact assessments, basedon participatory processes;
ii. environmental impact assessments
and ongoing monitoring;iii. public disclosure of results ofenvironmental and social impact
assessments;
iv. local community development
programs based on local communities’ needs;
v. stakeholder engagement plans basedon stakeholder mapping;vi. broad based local community consultation committees and processes that
include vulnerable groups;vii. works councils, occupational healthand safety committees and otherworker representation bodies to deal
with impacts;
viii.formal local community grievanceprocesses.

✔

1
✔

✔

✔

✔

✔

✔

List of Disclosure Items and Indicators of ESG InformationDisclosure Frameworks/Standards and Classification Results

Disclosure 412-2
Employeetraining on
human rights
policies orprocedures

KPIs

a. Total number and percentage of
operations that have been subject tohuman rights reviews or human rights
impact assessments, by country.

Strategies andpractices

GRI 413:
Local
Communities
2016

Disclosure 412-1
Operations
that have been
subject tohuman rights
reviews or impact
assessments

Recognition of ESG
risks and opportunities

GRI 412: Human Rights
Assessment
2016

Identification ofmateriality

a. Total number of identified incidents
of violations involving the rights ofindigenous peoples during the reporting
period.
b. Status of the incidents and actions takenwith reference to the following:i. Incident reviewed by the organization;
ii. Remediation plans being implemented;
iii. Remediation plans that have been
implemented, with results reviewed
through routine internal management
review processes;
iv. Incident no longer subject to action.

Governance

Disclosure 411-1
Incidents ofviolations
involving rights
of indigenous
peoples

Communication withstakehoders

GRI 411:
Rights ofIndigenous
Peoples
2016

Massage from director
and/or managementa. Percentage of security personnel who
have received formal training in theorganization’s human rights policies or
specific procedures and their application
to security.
b. Whether training requirements also apply
to third-party organizations providing
security personnel.

Business model

Disclosure 410-1
Security
personnel trainedin human rights
policies orprocedures

Summary oforganization or business

GRI 410:
Security
Practices
2016

Disclosure Information Category✔
✔

Appendix

Disclosure 409-1
a. Operations and suppliers considered
Operations andto have significant risk for incidents ofsuppliers at
forced or compulsory labor either insignificant of
riskGRI Standards
terms of:
List of Dislocusre Items/Indicatorsfor incidents ofi. type of operation (such as manufacforced or compulturing plant) and supplier;sory laborii. countries or geographic areas with
operations and suppliers considered
at risk.
b. Measures taken by the organization
Category
Name
Disclosure item
Reportingrequirementsin the reporting
periodintended tocontribute to the elimination of all formsof forced or compulsory labor.

GRI 409:
Forced orCompulsory
Labor 2016129

Communities
2016✔

Strategies andpractices

KPIs

Recognition of ESG
risks and opportunities

Identification ofmateriality

GovernanceCommunication withstakehoders

Massage from director
and/or management

130✔

Disclosure 413-2
Operations
with significant
actual andpotential negative
impacts on local
communities

a. Operations with significant actual andpotential negative impacts on local
communities, including:i. the location of the operations;ii. the significant actual and potential
negative impacts of operations.

Disclosure 414-1
New suppliers
that werescreened usingsocial criteriaa. Percentage of new suppliers that werescreened using social criteria.

Disclosure 414-2
Negative social
impacts in the
supply chain andactions taken

a. Number of suppliers assessed for social
impacts.
b. Number of suppliers identified as having
significant actual and potential negativesocial impacts.
c. Significant actual and potential negativesocial impacts identified in the supply
chain.
d. Percentage of suppliers identified ashaving significant actual and potential
negative social impacts with which
improvements were agreed upon as aresult of assessment.
e. Percentage of suppliers identified ashaving significant actual and potential
negative social impacts with which
relationships were terminated as a resultof assessment, and why.

✔

✔

✔

✔

GRI 415:
Public Policy
2016

Disclosure 415-1
Political
contributions

a. Total monetary value of financial andin-kind political contributions madedirectly and indirectly by the organizationby country and recipient/beneficiary.
b. If applicable, how the monetary value of
in-kind contributions was estimated.

GRI 416:
Customer
Health and
Safety 2016

Disclosure 416-1
Assessment of
the health andsafety impacts
of productand service
categories

a. Percentage of significant product andservice categories for which healthand safety impacts are assessed for
improvement.

Disclosure 416-2
Incidents of
non-complianceconcerning
the health andsafety impacts
of products andservicesa. Total number of incidents of non-compliance with regulations and/or voluntary
codes concerning the health and safety
impacts of products and services within
the reporting period, by:i. incidents of non-compliance withregulations resulting in a fine or
penalty;ii. incidents of non-compliance withregulations resulting in a warning;iii. incidents of non-compliance withvoluntary codes.
b. If the organization has not identified any
non-compliance with regulations and/or
voluntary codes, a brief statement of thisfact is sufficient.

Disclosure 417-1
Requirementsfor productand service
information andlabeling

a. Whether each of the following types of
information is required by the organization’s procedures for product and service
information and labeling:i. The sourcing of components of the
product or service;
ii. Content, particularly with regard to
substances that might produce anenvironmental or social impact;iii. Safe use of the product or service;

GRI 417:
Marketingand Labeling 2016

Business model

List of Disclosure Items and Indicators of ESG InformationDisclosure Frameworks/Standards and Classification Results

GRI 414:
Supplier
SocialAssessment
2016

Disclosure Information Category
Summary oforganization or business

impact assessments, and/or development programs, including the use of:i. social impact assessments, including
gender impact assessments, basedon participatory processes;
ii. environmental impact assessments
and ongoing monitoring;iii. public disclosure of results ofenvironmental and social impact
List of Dislocusre Items/Indicators of GRI Standards
assessments;
iv. local community development
programs based on local communities’ needs;
v. stakeholder engagement plans basedon stakeholder mapping;
Category
Name
Disclosure item
Reportingrequirements
vi. broadbased local
community consultation committees and processes that
include vulnerable groups;vii. works councils, occupational healthand safety committees and otherworker representation bodies to deal
with impacts;
viii.formal local community grievanceprocesses.

1

local community
engagement,
impactassessments,
and development
programs

✔

✔

✔

✔

Strategies andpractices

KPIs

Recognition of ESG
risks and opportunities

Identification ofmateriality

Governance

✔

✔

1

Disclosure 417-2
Incidents of
non-complianceconcerning
product
and service
information andlabeling

a. Total number of incidents of non-compliance with regulations and/or voluntary
codes concerning product and service
information and labeling, by:i. incidents of non-compliance withregulations resulting in a fine or
penalty;ii. incidents of non-compliance withregulations resulting in a warning;iii. incidents of non-compliance withvoluntary codes.
b. If the organization has not identified any
non-compliance with regulations and/or
voluntary codes, a brief statement of thisfact is sufficient.

✔

Disclosure 417-3
Incidents of
non-complianceconcerningmarketingcommunications

a. Total number of incidents of non-compliance with regulations and/or voluntary
codes concerning marketing communications, including advertising, promotion,and sponsorship, by:i. incidents of non-compliance withregulations resulting in a fine or
penalty;ii. incidents of non-compliance withregulations resulting in a warning;iii. incidents of non-compliance withvoluntary codes.
b. If the organization has not identified any
non-compliance with regulations and/or
voluntary codes, a brief statement of thisfact is sufficient.

✔

Disclosure 418-1
Substantiatedcomplaints
concerning
breaches ofcustomer privacy
and losses ofcustomer dataa. Total number of substantiated complaints
received concerning breaches ofcustomer privacy, categorized by:i. complaints received from outside
parties and substantiated by theorganization;ii. complaints from regulatory bodies.
b. Total number of identified leaks, thefts, orlosses of customer data.
c. If the organization has not identified
any substantiated complaints, a brief
statement of this fact is sufficient.

✔

Disclosure 419-1
Non-compliancewith laws andregulations inthe social andeconomic areaa. Significant fines and non-monetary
sanctions for non-compliance with laws
and/or regulations in the social andeconomic area in terms of:i. total monetary value of significant
fines;
ii. total number of non-monetary
sanctions;iii. cases brought through dispute
resolution mechanisms.
b. If the organization has not identified
any non-compliance with laws and/or
regulations, a brief statement of this fact
is sufficient.
c. The context against which significant
fines and non-monetary sanctions wereincurred.

✔

List of Disclosure Items and Indicators of ESG InformationDisclosure Frameworks/Standards and Classification Results

GRI 419: Socioeconomic
Compliance2016

requirements
a. WhetherReporting
each of thefollowing types of
information is required by the organization’s procedures for product and service
information and labeling:i. The sourcing of components of the
product or service;
ii. Content, particularly with regard to
substances that might produce anenvironmental or social impact;iii. Safe use of the product or service;
iv. Disposal of the product and environmental or social impacts;
v. Other (explain).
b. Percentage of significant product orservice categories covered by andassessed for compliance with suchprocedures.

Communication withstakehoders

GRI 418:
CustomerPrivacy 2016

Disclosure
Disclosureitem
417-1
Requirementsfor productand service
information andlabeling

Massage from director
and/or management

GRIName417:
Marketingand Labeling 2016

Disclosure Information Category
Business model

Category✔

Summary oforganization or business

codes concerning the health and safety
impacts of products and services within
the reporting period, by:i. incidents of non-compliance withregulations resulting in a fine or
penalty;ii. incidents of non-compliance withregulations resulting in a warning;iii. incidents of non-compliance with
List of Dislocusre Items/Indicators of GRI Standards
voluntary codes.
b. If the organization has not identified any
non-compliance with regulations and/or
voluntary codes, a brief statement of thisfact is sufficient.

Appendix

non-complianceconcerning
the health andsafety impacts
of products andservices

Source: Prepared by Nissay Asset Management Co., Ltd. on the basis of International Integrated Reporting Framework.

131

Disclosure Information Category
Strategies andpractices

✔

✔

KPIs

Recognition of ESG
risks and opportunities

Identification ofmateriality

Unit of measure

Consumer
Goods

Apparel, Accessories &FootwearSocial Capital

Product Quality & Safety

Management of Chemicals
in Products

CG-AA-250a.1

Discussion of processes to maintain compliance with restricted
substances regulations

n/aConsumer
Goods

Apparel, Accessories &FootwearSocial Capital

Product Quality & Safety

Management of Chemicals
in Products

CG-AA-250a.2

Discussion of processes to assess and manage risks and/or hazards
associated with chemicals in products

n/aConsumer
Goods

Apparel, Accessories &FootwearBusiness Model &Innovation

Supply Chain Management

Environmental Impacts in
the Supply Chain

CG-AA-430a.1

Percentage of (1) Tier 1 supplier facilities and (2) supplier facilities
beyond Tier 1 in compliance with wastewater discharge permits and/or
contractual agreements

Percentage (%)

Consumer
Goods

Apparel, Accessories &FootwearBusiness Model &Innovation

Supply Chain Management

Environmental Impacts in
the Supply Chain

CG-AA-430a.2

Percentage of (1) Tier 1 supplier facilities and (2) supplier facilities
beyond Tier 1 that have completed the Sustainable Apparel Coalition’s
Higg Facility Environmental Module (Higg FEM) assessment or anequivalent environmental data assessment

Percentage (%)

Consumer
Goods

Apparel, Accessories &FootwearBusiness Model &Innovation

Supply Chain Management

Labor Conditions in the
Supply Chain

CG-AA-430b.1

Percentage of (1) Tier 1 supplier facilities and (2) supplier facilities
beyond Tier 1 that have been audited to a labor code of conduct, (3)percentage of total audits conducted by a third-party auditor

Percentage (%)

Consumer
Goods

Apparel, Accessories &FootwearBusiness Model &Innovation

Supply Chain Management

Labor Conditions in the
Supply Chain

CG-AA-430b.2

Priority non-conformance rate and associated corrective action rate forsuppliers’ labor code of conduct audits

Rate

Consumer
Goods

Apparel, Accessories &FootwearBusiness Model &Innovation

Supply Chain Management

Labor Conditions in the
Supply Chain

CG-AA-430b.3

Description of the greatest (1) labor and (2) environmental, health, andsafety risks in the supply chainn/aConsumer
Goods

Apparel, Accessories &FootwearBusiness Model &Innovation

Materials Sourcing &Efficiency

Raw Materials Sourcing

CG-AA-440a.1

Description of environmental and social risks associated with sourcing
priority raw materials

n/aConsumer
Goods

Apparel, Accessories &FootwearBusiness Model &Innovation

Materials Sourcing &Efficiency

Raw Materials Sourcing

CG-AA-440a.2

Percentage of raw materials third-party certified to an environmental
and/or social sustainability standard, by standard

Percentage (%)
by weight

Consumer
Goods

Appliance Manufacturing

Social Capital

Product Quality & Safety

Product Safety

CG-AM-250a.1

Number of (1) recalls issued and (2) total units recalled

NumberConsumer
Goods

Appliance Manufacturing

Social Capital

Product Quality & Safety

Product Safety

CG-AM-250a.2

Discussion of process to identify and manage safety risks associatedwith the use of its products

n/aConsumer
Goods

Appliance Manufacturing

Social Capital

Product Quality & Safety

Product Safety

CG-AM-250a.3

Total amount of monetary losses as a result of legal proceedings
associated with product safety

Reportingcurrency

Consumer
Goods

Appliance Manufacturing

Business Model &Innovation

Product Design & Lifecycle
Management

Product Lifecycle
Environmental Impacts

CG-AM-410a.1

Percentage of eligible products by revenue certified to the ENERGYSTAR® program

Percentage (%)
by revenue✔

✔

Consumer
Goods

Appliance Manufacturing

Business Model &Innovation

Product Design & Lifecycle
Management

Product Lifecycle
Environmental Impacts

CG-AM-410a.2

Percentage of eligible products certified to an Association of Home
Appliance Manufacturers (AHAM) sustainability standard

Percentage (%)
by revenue✔

✔

Consumer
Goods

Appliance Manufacturing

Business Model &Innovation

Product Design & Lifecycle
Management

Product Lifecycle
Environmental Impacts

CG-AM-410a.3

Description of efforts to manage products’ end-of-life impacts

n/aConsumer
Goods

Building Products &Furnishings

Environment

Energy Management

Energy Management in
Manufacturing

CG-BF-130a.1(1) Total energy consumed, (2) percentage grid electricity, (3)percentage renewable

Gigajoules (GJ),
Percentage (%)

Consumer
Goods

Building Products &Furnishings

Social Capital

Product Quality & Safety

Management of Chemicals
in Products

CG-BF-250a.1

Discussion of processes to assess and manage risks and/or hazards
associated with chemicals in products

n/aConsumer
Goods

Building Products &Furnishings

Social Capital

Product Quality & Safety

Management of Chemicals
in Products

CG-BF-250a.2

Percentage of eligible products meeting volatile organic compound(VOC) emissions and content standards

Percentage (%)
by revenue

Consumer
Goods

Building Products &Furnishings

Business Model &Innovation

Product Design & Lifecycle
Management

Product Lifecycle
Environmental Impacts

CG-BF-410a.1

Description of efforts to manage product lifecycle impacts and meetdemand for sustainable products

n/aConsumer
Goods

Building Products &Furnishings

Business Model &Innovation

Product Design & Lifecycle
Management

Product Lifecycle
Environmental Impacts

CG-BF-410a.2(1) Weight of end-of-life material recovered, (2) percentage ofrecovered materials recycled

Metric tons (t),Percentage (%)
by weight

Consumer
Goods

Building Products &Furnishings

Business Model &Innovation

Supply Chain Management

Wood Supply Chain
Management

CG-BF-430a.1(1) Total weight of wood fiber materials purchased, (2) percentage fromthird-party certified forestlands, (3) percentage by standard, and (4)percentage certified to other wood fiber standards, (5) percentage bystandard

Metric tons (t),Percentage (%)
by weight

Consumer
Goods

E-Commerce

Environment

Energy Management

Hardware Infrastructure
Energy & Water Management

CG-EC-130a.1(1) Total energy consumed, (2) percentage grid electricity, (3)percentage renewable

Gigajoules (GJ),
Percentage (%)

1

✔

✔

✔

✔

1
✔

✔

✔

✔

✔

✔

✔

✔

✔

✔

✔

✔

✔

✔

✔

✔

✔

✔

✔

✔

✔

✔

✔

✔

✔

✔

✔

✔

✔

List of Disclosure Items and Indicators of ESG InformationDisclosure Frameworks/Standards and Classification Results

List of Disclosure Items and Indicators of ESG InformationDisclosure Frameworks/Standards and Classification Results132

Accounting metic

GovernanceID

Communication withstakehoders

Disclosure Topic

Massage from director
and/or management

ESG Issue

Business model

ESG Issue Category

Summary oforganization or businessIndustry

Environment

SectorAppendix

List of Accounting Metics of SASB Standards

133

Building Products &Furnishings

Environment

Energy Management

Energy Management in
Manufacturing

CG-BF-130a.1(1) Total energy consumed, (2) percentage grid electricity, (3)percentage renewable

Gigajoules (GJ),
Percentage (%)

Consumer
Goods

Building Products &Furnishings

Social Capital

Product Quality & Safety

Management of Chemicals
in Products

CG-BF-250a.1

Discussion of processes to assess and manage risks and/or hazards
associated with chemicals in products

n/aConsumer
Goods

Building Products &Furnishings

Social Capital

Product Quality & Safety

Management of Chemicals
in Products

CG-BF-250a.2

Percentage of eligible products meeting volatile organic compound(VOC) emissions and content standards

Percentage (%)
by revenue

Consumer
Goods

Building Products &Furnishings

Business Model &Innovation

Product Design & Lifecycle
Management

Product Lifecycle
Environmental Impacts

CG-BF-410a.1

Description of efforts to manage product lifecycle impacts and meetdemand for sustainable products

n/a✔

Consumer
Goods

Building Products &Furnishings

Business Model &Innovation

Product Design & Lifecycle
Management

Product Lifecycle
Environmental Impacts

CG-BF-410a.2(1) Weight of end-of-life material recovered, (2) percentage ofrecovered materials recycled

Metric tons (t),Percentage (%)
by weight
Unitof measure

Environment

List of Accounting Metics of SASB Standards(1) Total energy consumed, (2) percentage grid electricity, (3)percentage renewable

Gigajoules (GJ),
Percentage (%)(1) Total water withdrawn, (2) total water consumed, percentage ofeach in regions with High or Extremely High Baseline Water StressThousand cubic
meters (m³),
Percentage (%)

Discussion of the integration of environmental considerations into
strategic planning for data center needs

n/a

KPIs

Metric tons (t),Percentage (%)
by weight✔
Strategies andpractices(1) Total weight of wood fiber materials purchased, (2) percentage fromthird-party certified forestlands, (3) percentage by standard, and (4)percentage certified to other wood fiber standards, (5) percentage bystandard✔

Recognition of ESG
risks and opportunities

Accounting metic

Identification ofmateriality

ID

Disclosure Information Category
Governance

Disclosure Topic✔

✔

Communication withstakehoders

ESG Issue✔

Massage from director
and/or management✔

Consumer
Goods

Building Products &Furnishings

Business Model &Innovation

Supply Chain Management

Wood Supply Chain
Management

CG-BF-430a.1

Consumer
Goods

E-Commerce

Environment

Energy Management

Hardware Infrastructure
Energy & Water Management

CG-EC-130a.1

Consumer
Goods

E-Commerce

Hardware Infrastructure
Energy & Water Management

CG-EC-130a.2

Consumer
Goods

E-Commerce

Hardware Infrastructure
Energy & Water Management

CG-EC-130a.3

Consumer
Goods

E-CommerceSocial Capital

Customer Privacy

Data Privacy & AdvertisingStandards

CG-EC-220a.1

Number of users whose information is used for secondary purposes

NumberConsumer
Goods

E-CommerceSocial Capital

Customer Privacy

Data Privacy & AdvertisingStandards

CG-EC-220a.2

Description of policies and practices relating to behavioral advertisingand user privacy

n/aConsumer
Goods

E-CommerceSocial Capital

Data Security

Data Security

CG-EC-230a.1

Description of approach to identifying and addressing data security
risks

n/a

Consumer
Goods

E-CommerceSocial Capital

Data Security

Data Security

CG-EC-230a.2(1) Number of data breaches, (2) percentage involving personallyidentifiable information (PII), (3) number of users affected

Number,
Percentage (%)

Consumer
Goods

E-Commerce

Human Capital

Employee Engagement,
Diversity & Inclusion

Employee Recruitment,
Inclusion & Performance

CG-EC-330a.1

Employee engagement as a percentage

Percentage (%)✔

Consumer
Goods

E-Commerce

Human Capital

Employee Engagement,
Diversity & Inclusion

Employee Recruitment,
Inclusion & Performance

CG-EC-330a.2(1) Voluntary and (2) involuntary turnover rate for all employees

Rate

✔

Consumer
Goods

E-Commerce

Human Capital

Employee Engagement,
Diversity & Inclusion

Employee Recruitment,
Inclusion & Performance

CG-EC-330a.3

Percentage of gender and racial/ethnic group representation for (1)management, (2) technical staff, and (3) all other employees

Percentage (%)✔

Consumer
Goods

E-Commerce

Human Capital

Employee Engagement,
Diversity & Inclusion

Employee Recruitment,
Inclusion & Performance

CG-EC-330a.4

Percentage of technical employees who are H-1B visa holders

Percentage (%)✔

Consumer
Goods

E-Commerce

Business Model &Innovation

Product Design & Lifecycle
Management

Product Packaging &Distribution

CG-EC-410a.1

Total greenhouse gas (GHG) footprint of product shipments

Metric tons (t)CO2-eConsumer
Goods

E-Commerce

Business Model &Innovation

Product Design & Lifecycle
Management

Product Packaging &Distribution

CG-EC-410a.2

Discussion of strategies to reduce the environmental impact of productdeliveryn/aConsumer
Goods

Household & Personal
Products

Environment

Water & Wastewater
Management

Water Management

CG-HP-140a.1(1) Total water withdrawn, (2) total water consumed, percentage ofeach in regions with High or Extremely High Baseline Water StressThousand cubic
meters (m³),
Percentage (%)

Consumer
Goods

Household & Personal
Products

Environment

Water & Wastewater
Management

Water Management

CG-HP-140a.2

Description of water management risks and discussion of strategies
and practices to mitigate those risks

n/aConsumer
Goods

Household & Personal
Products

Social Capital

Product Quality & Safety

Product Environmental,
Health, and Safety
Performance

CG-HP-250a.1

Revenue from products that contain REACH substances of very highconcern (SVHC)

Reportingcurrency✔

Consumer
Goods

Household & Personal
Products

Social Capital

Product Environmental,
Health, and Safety
Performance

CG-HP-250a.2

Revenue from products that contain substances on the California DTSC
Candidate Chemicals List

Reportingcurrency✔

Consumer
Goods

Household & Personal
Products

Social Capital

Product Environmental,
Health, and Safety
Performance

CG-HP-250a.3

Discussion of process to identify and manage emerging materials andchemicals of concern

n/aConsumer
Goods

Household & Personal
Products

Social Capital

Product Environmental,
Health, and Safety
Performance

CG-HP-250a.4

Revenue from products designed with green chemistry principles

Reportingcurrency

Consumer
Goods

Household & Personal
Products

Business Model &Innovation

Product Design & Lifecycle
Management

Packaging Lifecycle
Management

CG-HP-410a.1

Consumer
Goods

Household & Personal
Products

Business Model &Innovation

Product Design & Lifecycle
Management

Packaging Lifecycle
Management

Consumer
Goods

Household & Personal
Products

Business Model &Innovation

Supply Chain Management

Consumer
Goods

Multiline and Specialty
Retailers & Distributors

Environment

Energy Management

Environment

Environment

Energy Management

Energy Management

Product Quality & Safety

Product Quality & Safety

Product Quality & Safety

✔

✔

✔

✔

✔

✔

✔

✔

✔
✔
✔

✔
✔

✔

✔

✔

✔

✔

✔

✔

✔

✔

✔

✔

✔

(1) Total weight of packaging, (2) percentage made from recycled and/or renewable materials, and (3) percentage that is recyclable, reusable,
and/or compostable

Metric tons (t),Percentage (%)✔

CG-HP-410a.2

Discussion of strategies to reduce the environmental impact of
packaging throughout its lifecyclen/a✔

Environmental & Social
Impacts of Palm Oil Supply
Chain

CG-HP-430a.1

Amount of palm oil sourced, percentage certified through the Roundtable on Sustainable Palm Oil (RSPO) supply chains as (a) Identity
Preserved, (b) Segregated, (c) Mass Balance, or (d) Book & Claim

Metric tons (t),Percentage (%)✔

✔

Energy Management in
Retail & Distribution

CG-MR-130a.1(1) Total energy consumed, (2) percentage grid electricity, (3)percentage renewable

Gigajoules (GJ),
Percentage (%)

✔

✔

✔

1
List of Disclosure Items and Indicators of ESG InformationDisclosure Frameworks/Standards and Classification Results

List of Disclosure Items and Indicators of ESG InformationDisclosure Frameworks/Standards and Classification Results134

ESG Issue Category✔

Business model

1

Industry✔

Summary oforganization or business

Sector✔

Appendix

Consumer
Goods

✔

135

Products

Consumer
Goods

Household & Personal
Products

Social Capital

ConsumerHousehold & Personal

Social Capital

Consumer
Goods

Household & Personal
Products

Business Model &Innovation

Consumer
SectorGoods

Household& Personal
Industry
Products

Consumer
Goods

Health, and Safety
Performance
Product Environmental,
Health, and Safety
Performance

CG-HP-250a.3

Product Environmental,
Health, and Safety
Performance

CG-HP-250a.4

Product Design & Lifecycle
Management

Packaging Lifecycle
Management

CG-HP-410a.1

BusinessModel&
ESG Issue
Category
Innovation

Product Design& Lifecycle
ESG Issue
Management

Packaging
Lifecycle
Disclosure
Topic
Management

Household & Personal
Products

Business Model &Innovation

Supply Chain Management

Consumer
Goods

Multiline and Specialty
Retailers & Distributors

Environment

Consumer
Goods

Multiline and Specialty
Retailers & Distributors

Consumer
Goods

Goods
Products
Listof Accounting
Metics of SASB Standards

Discussion of process to identify and manage emerging materials andchemicals of concern

n/aRevenue from products designed with green chemistry principles

Reportingcurrency

✔

✔

✔

✔
Disclosure Information Category

Metric tons (t),Percentage (%)✔

Energy Management

Energy Management in
Retail & Distribution

CG-MR-130a.1(1) Total energy consumed, (2) percentage grid electricity, (3)percentage renewable

Gigajoules (GJ),
Percentage (%)

Social Capital

Data Security

Data Security

CG-MR-230a.1

Description of approach to identifying and addressing data security
risks

n/a

Multiline and Specialty
Retailers & Distributors

Social Capital

Data Security

Data Security

CG-MR-230a.2(1) Number of data breaches, (2) percentage involving personallyidentifiable information (PII), (3) number of customers affected

Number,
Percentage (%)✔

Consumer
Goods

Multiline and Specialty
Retailers & Distributors

Human Capital

Labor Practices

Labor Practices

CG-MR-310a.1(1) Average hourly wage and (2) percentage of in-store employees
earning minimum wage, by region

Reportingcurrency,
Percentage (%)✔

Consumer
Goods

Multiline and Specialty
Retailers & Distributors

Human Capital

Labor Practices

Labor Practices

CG-MR-310a.2(1) Voluntary and (2) involuntary turnover rate for in-store employees

Rate

Consumer
Goods

Multiline and Specialty
Retailers & Distributors

Human Capital

Labor Practices

Labor Practices

CG-MR-310a.3

Total amount of monetary losses as a result of legal proceedings
associated with labor law violations

Reportingcurrency

Consumer
Goods

Multiline and Specialty
Retailers & Distributors

Human Capital

Employee Engagement,
Diversity & Inclusion

Workforce Diversity &Inclusion

CG-MR-330a.1

Percentage of gender and racial/ethnic group representation for (1)management and (2) all other employees

Percentage (%)

Consumer
Goods

Multiline and Specialty
Retailers & Distributors

Human Capital

Employee Engagement,
Diversity & Inclusion

Workforce Diversity &Inclusion

CG-MR-330a.2

Total amount of monetary losses as a result of legal proceedings
associated with employment discrimination

Reportingcurrency

Consumer
Goods

Multiline and Specialty
Retailers & Distributors

Business Model &Innovation

Product Design & Lifecycle
Management

Product Sourcing,
Packaging & Marketing

CG-MR-410a.1

Revenue from products third-party certified to environmental and/or
social sustainability standards

Reportingcurrency

Consumer
Goods

Multiline and Specialty
Retailers & Distributors

Business Model &Innovation

Product Design & Lifecycle
Management

Product Sourcing,
Packaging & Marketing

CG-MR-410a.2

Discussion of processes to assess and manage risks and/or hazards
associated with chemicals in products

n/a✔

Consumer
Goods

Multiline and Specialty
Retailers & Distributors

Business Model &Innovation

Product Design & Lifecycle
Management

Product Sourcing,
Packaging & Marketing

CG-MR-410a.3

Discussion of strategies to reduce the environmental impact of
packagingn/a✔

Consumer
Goods

Toys & Sporting Goods

Social Capital

Product Quality & Safety

Chemical & Safety
Hazards of Products

CG-TS-250a.1

Number of (1) recalls and (2) total units recalled

Number✔

Consumer
Goods

Toys & Sporting Goods

Social Capital

Product Quality & Safety

Chemical & Safety
Hazards of Products

CG-TS-250a.2

Number of Letters of Advice (LOA) received

Number✔

Consumer
Goods

Toys & Sporting Goods

Social Capital

Product Quality & Safety

Chemical & Safety
Hazards of Products

CG-TS-250a.3

Total amount of monetary losses as a result of legal proceedings
associated with product safety

Reportingcurrency

Consumer
Goods

Toys & Sporting Goods

Social Capital

Product Quality & Safety

Chemical & Safety
Hazards of Products

CG-TS-250a.4

Discussion of processes to assess and manage risks and/or hazards
associated with chemicals in products

n/aConsumer
Goods

Toys & Sporting Goods

Business Model &Innovation

Supply Chain Management

Labor Conditions in the
Supply Chain

CG-TS-430a.1

Number of facilities audited to a social responsibility code of conduct

NumberConsumer
Goods

Toys & Sporting Goods

Business Model &Innovation

Supply Chain Management

Labor Conditions in the
Supply Chain

CG-TS-430a.2

Direct suppliers’ social responsibility audit (1) non-conformance rateand (2) associated corrective action rate for (a) priority non-conformances and (b) other non-conformances

Rate

Extractives &Minerals Processing

Construction Materials

Environment

GHG Emissions

Greenhouse Gas
Emissions

EM-CM-110a.1

Gross global Scope 1 emissions, percentage covered underemissions-limiting regulations

Metric tons(t) CO2-e,
Percentage (%)

Extractives &Minerals Processing

Construction Materials

Greenhouse Gas
Emissions

EM-CM-110a.2

Discussion of long-term and short-term strategy or plan to manage
Scope 1 emissions, emissions reduction targets, and an analysis ofperformance against those targets

n/aExtractives &Minerals Processing

Construction Materials

Air Quality

EM-CM-120a.1

Air emissions of the following pollutants: (1) NOx (excluding N2O),(2) SOx, (3) particulate matter (PM10), (4) dioxins/furans, (5) volatileorganic compounds (VOCs), (6) polycyclic aromatic hydrocarbons(PAHs), and (7) heavy metals

Metric tons (t)Extractives &Minerals Processing

Construction Materials

Environment

Energy Management

Energy Management

EM-CM-130a.1(1) Total energy consumed, (2) percentage grid electricity, (3)percentage alternative, (4) percentage renewable

Extractives &Minerals Processing

Construction Materials

Environment

Water & Wastewater
Management

Water Management

EM-CM-140a.1

Extractives &Minerals Processing

Construction Materials

Waste & Hazardous
Materials Management

Waste Management

Environment

Environment

GHG Emissions

Air Quality

EM-CM-150a.1

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✔

✔

Gigajoules (GJ),
Percentage (%)✔

✔

(1) Total fresh water withdrawn, (2) percentage recycled, (3)percentage in regions with High or Extremely High Baseline Water
StressThousand cubic
meters (m³),
Percentage (%)✔

✔

Amount of waste generated, percentage hazardous, percentage
recycled

Metric tons (t),Percentage (%)✔

✔

1
List of Disclosure Items and Indicators of ESG InformationDisclosure Frameworks/Standards and Classification Results

Environment

KPIs

Amount of palm oil sourced, percentage certified through the Roundtable on Sustainable Palm Oil (RSPO) supply chains as (a) Identity
Preserved, (b) Segregated, (c) Mass Balance, or (d) Book & Claim

Strategies andpractices

CG-HP-430a.1

Recognition of ESG
risks and opportunities

Environmental & Social
Impacts of Palm Oil Supply
Chain

✔

Identification ofmateriality

n/a of measure
Unit

GovernanceDiscussion of strategies to reduce
the environmental
impact of
Accounting
metic
packaging throughout its lifecycle

Communication withstakehoders

CG-HP-410a.2
ID✔

Massage from director
and/or management

Metric tons (t),Percentage (%)

Business model(1) Total weight of packaging, (2) percentage made from recycled and/or renewable materials, and (3) percentage that is recyclable, reusable,
and/or compostable

Summary oforganization or business

List of Disclosure Items and Indicators of ESG InformationDisclosure Frameworks/Standards and Classification Results

136

Product Quality & Safety

currency

Environment

1

Product Quality & Safety

Candidate Chemicals List

Appendix

Goods

137

Construction Materials

Extractives &Minerals Processing

Construction Materials

Environment

Environment

GHG Emissions

GHG Emissions

Greenhouse Gas
Emissions

EM-CM-110a.1

Greenhouse Gas
Emissions

EM-CM-110a.2

Air Quality

EM-CM-120a.1

List of Accounting Metics of SASB Standards

n/a

Air emissions of the following pollutants: (1) NOx (excluding N2O),(2) SOx, (3) particulate matter (PM10), (4) dioxins/furans, (5) volatileorganic compounds (VOCs), (6) polycyclic aromatic hydrocarbons(PAHs), and (7) heavy metals

Metric tons (t)

✔

✔

✔

Construction Materials

Extractives&
SectorMinerals Processing

Construction
Materials
Industry

Environment
ESG Issue Category

Energy Management
ESG Issue

EnergyManagement
Disclosure
Topic

EM-CM-130a.1
ID(1) Total energy consumed,Accounting(2) percentage
meticgrid electricity, (3)percentage alternative, (4) percentage renewable

Gigajoules
(GJ),
Unit
of measure
Percentage (%)

Extractives &Minerals Processing

Construction Materials

Environment

Water & Wastewater
Management

Water Management

EM-CM-140a.1(1) Total fresh water withdrawn, (2) percentage recycled, (3)percentage in regions with High or Extremely High Baseline Water
StressThousand cubic
meters (m³),
Percentage (%)✔

Extractives &Minerals Processing

Construction Materials

Environment

Waste & Hazardous
Materials Management

Waste Management

EM-CM-150a.1

Amount of waste generated, percentage hazardous, percentage
recycled

Metric tons (t),Percentage (%)✔

Extractives &Minerals Processing

Construction Materials

Environment

Ecological Impacts

Biodiversity Impacts

EM-CM-160a.1

Description of environmental management policies and practices for
active sites

n/aExtractives &Minerals Processing

Construction Materials

Environment

Ecological Impacts

Biodiversity Impacts

EM-CM-160a.2

Terrestrial acreage disturbed, percentage of impacted area restored

Acres (ac),Percentage (%)

Extractives &Minerals Processing

Construction Materials

Human Capital

Employee Health & Safety

Workforce Health & Safety

EM-CM-320a.1(1) Total recordable incident rate (TRIR) and (2) near miss frequency
rate (NMFR) for (a) full-time employees and (b) contract employees

Rate

✔

Extractives &Minerals Processing

Construction Materials

Human Capital

Employee Health & Safety

Workforce Health & Safety

EM-CM-320a.2

Number of reported cases of silicosis

Number✔

Extractives &Minerals Processing

Construction Materials

Business Model &Innovation

Product Design & Lifecycle
Management

Product Innovation

EM-CM-410a.1

Percentage of products that qualify for credits in sustainable building
design and construction certifications

Percentage (%)
by annual sales
revenue✔

✔

Extractives &Minerals Processing

Construction Materials

Business Model &Innovation

Product Design & Lifecycle
Management

Product Innovation

Total addressable market and share of market for products that reduceenergy, water, and/or material impacts during usage and/or production

Reportingcurrency,
Percentage (%)✔

✔

Extractives &Minerals Processing

Construction Materials

Leadership & GovernanceCompetitive Behavior

Pricing Integrity &Transparency

EM-CM-520a.1

Total amount of monetary losses as a result of legal proceedings
associated with cartel activities, price fixing, and anti-trust activities

Reportingcurrency

Extractives &Minerals Processing

Coal Operations

Environment

GHG Emissions

Greenhouse Gas
Emissions

EM-CO-110a.1

Gross global Scope 1 emissions, percentage covered underemissions-limiting regulations

Metric tons(t) CO2-e,
Percentage (%)

Extractives &Minerals Processing

Coal Operations

Greenhouse Gas
Emissions

EM-CO-110a.2

Discussion of long-term and short-term strategy or plan to manage
Scope 1 emissions, emissions reduction targets, and an analysis ofperformance against those targets

n/aExtractives &Minerals Processing

Coal Operations

Water & Wastewater
Management

Water Management

EM-CO-140a.1(1) Total fresh water withdrawn, (2) percentage recycled, (3)percentage in regions with High or Extremely High Baseline Water
StressThousand cubic
meters (m³),
Percentage (%)

Extractives &Minerals Processing

Coal Operations

Environment

Water & Wastewater
Management

Water Management

EM-CO-140a.2

Number of incidents of non-compliance associated with water quality
permits, standards, and regulations

Extractives &Minerals Processing

Coal Operations

Environment

Waste & Hazardous
Materials Management

Waste Management

EM-CO-150a.1

Extractives &Minerals Processing

Coal Operations

Environment

Ecological Impacts

Biodiversity Impacts

Extractives &Minerals Processing

Coal Operations

Environment

Ecological Impacts

Extractives &Minerals Processing

Coal Operations

Environment

Extractives &Minerals Processing

Coal Operations

Extractives &Minerals Processing

✔

KPIs

Strategies andpractices

Recognition of ESG
risks and opportunities

Identification ofmateriality

GovernanceCommunication withstakehoders

Massage from director
and/or management✔

Disclosure Information Category
Business model

✔

✔

✔

✔

✔

✔

✔

✔

✔

✔

✔

✔

✔

✔

Number✔

✔

Number of tailings impoundments, broken down by MSHA hazard
potential

Number✔

✔

EM-CO-160a.1

Description of environmental management policies and practices for
active sites

n/a✔

Biodiversity Impacts

EM-CO-160a.2

Percentage of mine sites where acid rock drainage is: (1) predicted tooccur, (2) actively mitigated, and (3) under treatment or remediation

Percentage (%)✔

✔

Ecological Impacts

Biodiversity Impacts

EM-CO-160a.3

Percentage of (1) proved and (2) probable reserves in or near sites withprotected conservation status or endangered species habitat

Percentage (%)✔

✔

Social Capital

Human Rights & Community Relations

Rights of Indigenous
Peoples

EM-CO-210a.1

Percentage of (1) proved and (2) probable reserves in or near
indigenous land

Percentage (%)

Coal Operations

Social Capital

Human Rights & Community Relations

Rights of Indigenous
Peoples

EM-CO-210a.2

Discussion of engagement processes and due diligence practices withrespect to the management of indigenous rights

n/aExtractives &Minerals Processing

Coal Operations

Social Capital

Human Rights & Community Relations

Community Relations

EM-CO-210b.1

Discussion of process to manage risks and opportunities associatedwith community rights and interests

n/aExtractives &Minerals Processing

Coal Operations

Social Capital

Human Rights & Community Relations

Community Relations

EM-CO-210b.2

Number and duration of non-technical delays

Number, Days✔

Extractives &Minerals Processing

Coal Operations

Human Capital

Labor Practices

Labor Relations

EM-CO-310a.1

Percentage of active workforce covered under collective bargaining
agreements, broken down by U.S. and foreign employees

Percentage (%)✔

Extractives &Minerals Processing

Coal Operations

Human Capital

Labor Practices

Labor Relations

EM-CO-310a.2

Number and duration of strikes and lockouts

Number, Days✔

Extractives &Minerals Processing

Coal Operations

Human Capital

Employee Health & Safety

Workforce Health & Safety

EM-CO-320a.1(1) MSHA All-Incidence rate, (2) fatality rate, and (3) near missfrequency rate (NMFR)

Rate

✔

Extractives &Minerals Processing

Coal Operations

Human Capital

Employee Health & Safety

Workforce Health & Safety

EM-CO-320a.2

Discussion of management of accident and safety risks and long-term
health and safety risks

n/a

✔

✔

✔

✔

✔

✔

1
List of Disclosure Items and Indicators of ESG InformationDisclosure Frameworks/Standards and Classification Results

Environment

GHG Emissions

EM-CM-410a.2✔

Summary oforganization or business

List of Disclosure Items and Indicators of ESG InformationDisclosure Frameworks/Standards and Classification Results

138

Discussion of long-term and short-term strategy or plan to manage
Scope 1 emissions, emissions reduction targets, and an analysis ofperformance against those targets✔

Extractives &Minerals Processing

Environment

Air Quality

Metric tons(t) CO2-e,
Percentage (%)

Environment

1

Environment

Gross global Scope 1 emissions, percentage covered underemissions-limiting regulations

Appendix

Extractives &Minerals Processing

139Extractives &Minerals Processing

Coal Operations

Social Capital

Human Rights & Community Relations

Rights of Indigenous
Peoples

EM-CO-210a.1

Percentage of (1) proved and (2) probable reserves in or near
indigenous land

Percentage (%)

Extractives &Minerals Processing

Coal Operations

Social Capital

Human Rights & Community Relations

Rights of Indigenous
Peoples

EM-CO-210a.2

Discussion of engagement processes and due diligence practices withrespect to the management of indigenous rights

n/aExtractives &Minerals Processing

Coal Operations

Social Capital

Human Rights & Community Relations

Community Relations

EM-CO-210b.1

Discussion of process to manage risks and opportunities associatedwith community rights and interests

n/aExtractives &Minerals Processing

Coal Operations

Social Capital

Human Rights & Community Relations

Community Relations

EM-CO-210b.2

Number and duration of non-technical delays

Number, Days

Extractives &Minerals Processing
SectorExtractives &Minerals Processing

Coal Operations

Human Capital

Labor Practices

Labor Relations

EM-CO-310a.1

Percentage (%)

Industry
Coal Operations

ESG Issue Category
Human Capital

ESG Issue
Labor Practices

Disclosure Topic
Labor Relations

ID
EM-CO-310a.2

Percentage of active workforce covered under collective bargaining
agreements, broken down by U.S. and foreign employees
Accounting metic
Number and duration of strikes and lockouts

Extractives &Minerals Processing

Coal Operations

Human Capital

Employee Health & Safety

Workforce Health & Safety

EM-CO-320a.1(1) MSHA All-Incidence rate, (2) fatality rate, and (3) near missfrequency rate (NMFR)

Rate

Extractives &Minerals Processing

Coal Operations

Human Capital

Employee Health & Safety

Workforce Health & Safety

EM-CO-320a.2

Discussion of management of accident and safety risks and long-term
health and safety risksn/aExtractives &Minerals Processing

Coal Operations

Business Model &Innovation

Business Model Resilience

Reserves Valuation &Capital Expenditures

EM-CO-420a.1

Sensitivity of coal reserve levels to future price projection scenarios that
account for a price on carbon emissions

Million metrictons (Mt)✔

Extractives &Minerals Processing

Coal Operations

Business Model &Innovation

Business Model Resilience

Reserves Valuation &Capital Expenditures

EM-CO-420a.2

Estimated carbon dioxide emissions embedded in proven coalreserves

Metric tons (t)
CO2-e

✔

Extractives &Minerals Processing

Coal Operations

Business Model &Innovation

Business Model Resilience

Reserves Valuation &Capital Expenditures

EM-CO-420a.3

Discussion of how price and demand for coal and/or climate regulationinfluence the capital expenditure strategy for exploration, acquisition,and development of assets

n/aExtractives &Minerals Processing

Oil & Gas – Exploration &Production

Environment

GHG Emissions

Greenhouse Gas
Emissions

EM-EP-110a.1

Gross global Scope 1 emissions, percentage methane, percentage
covered under emissions-limiting regulations

Metric tons
CO2-e (t),Percentage (%)

Extractives &Minerals Processing

Oil & Gas – Exploration &Production

Environment

Greenhouse Gas
Emissions

EM-EP-110a.2

Amount of gross global Scope 1 emissions from: (1) flared hydrocarbons, (2) other combustion, (3) process emissions, (4) other vented
emissions, and (5) fugitive emissions

Metric tons
CO2-eExtractives &Minerals Processing

Oil & Gas – Exploration &Production

Environment

Greenhouse Gas
Emissions

EM-EP-110a.3

Discussion of long-term and short-term strategy or plan to manage
Scope 1 emissions, emissions reduction targets, and an analysis ofperformance against those targets

n/aExtractives &Minerals Processing

Oil & Gas – Exploration &Production

Environment

Air Quality

EM-EP-120a.1

Air emissions of the following pollutants: (1) NOx (excluding N2O), (2)SOx, (3) volatile organic compounds (VOCs), and (4) particulate matter(PM10)

Metric tons (t)Extractives &Minerals Processing

Oil & Gas – Exploration &Production

Environment(1) Total fresh water withdrawn, (2) total fresh water consumed,
percentage of each in regions with High or Extremely High Baseline
Water Stress

Extractives &Minerals Processing

Oil & Gas – Exploration &Production

Environment

Extractives &Minerals Processing

Oil & Gas – Exploration &Production

Extractives &Minerals Processing✔
KPIs

Strategies andpractices

Recognition of ESG
risks and opportunities

Identification ofmateriality

GovernanceCommunication withstakehoders

✔

✔

✔

✔

✔

✔

✔

✔

1

✔

✔

✔

✔

✔

✔

✔

✔

Thousand cubic
meters (m³),
Percentage (%)✔

✔

Volume of produced water and flowback generated; percentage(1) discharged, (2) injected, (3) recycled; hydrocarbon content indischarged water

Thousand cubic
meters (m³),
Percentage (%),
Metric tons (t)✔

✔

Water & Wastewater
Management

Water Management

Water & Wastewater
Management

Water Management

Environment

Water & Wastewater
Management

Water Management

EM-EP-140a.3

Percentage of hydraulically fractured wells for which there is public
disclosure of all fracturing fluid chemicals used

Percentage (%)✔

✔

Oil & Gas – Exploration &Production

Environment

Water & Wastewater
Management

Water Management

EM-EP-140a.4

Percentage of hydraulic fracturing sites where ground or surface water
quality deteriorated compared to a baseline

Percentage (%)✔

✔

Extractives &Minerals Processing

Oil & Gas – Exploration &Production

Environment

Ecological Impacts

Biodiversity Impacts

EM-EP-160a.1

Description of environmental management policies and practices for
active sites

n/a✔

Extractives &Minerals Processing

Oil & Gas – Exploration &Production

Environment

Ecological Impacts

Biodiversity Impacts

EM-EP-160a.2

Number and aggregate volume of hydrocarbon spills, volume in Arctic,
volume impacting shorelines with ESI rankings 8-10, and volume
recovered

Number, Barrels(bbls)✔

✔

Extractives &Minerals Processing

Oil & Gas – Exploration &Production

Environment

Ecological Impacts

Biodiversity Impacts

EM-EP-160a.3

Percentage of (1) proved and (2) probable reserves in or near sites withprotected conservation status or endangered species habitat

Percentage (%)✔

✔

Extractives &Minerals Processing

Oil & Gas – Exploration &Production

Social Capital

Human Rights & Community Relations

Security, Human Rights& Rights of Indigenous
Peoples

EM-EP-210a.1

Percentage of (1) proved and (2) probable reserves in or near areas ofconflict

Percentage (%)

Extractives &Minerals Processing

Oil & Gas – Exploration &Production

Social Capital

Human Rights & Community Relations

Security, Human Rights& Rights of Indigenous
Peoples

EM-EP-210a.2

Percentage of (1) proved and (2) probable reserves in or near
indigenous land

Percentage (%)

Extractives &Minerals Processing

Oil & Gas – Exploration &Production

Social Capital

Human Rights & Community Relations

Security, Human Rights& Rights of Indigenous
Peoples

EM-EP-210a.3

Discussion of engagement processes and due diligence practices withrespect to human rights, indigenous rights, and operation in areas ofconflictn/aExtractives &Minerals Processing

Oil & Gas – Exploration &Production

Social Capital

Human Rights & Community Relations

Community Relations

EM-EP-210b.1

Discussion of process to manage risks and opportunities associatedwith community rights and interests

n/aExtractives &Minerals Processing

Oil & Gas – Exploration &Production

Social Capital

Human Rights & Community Relations

Community Relations

EM-EP-210b.2

Number and duration of non-technical delays

Number, Days

Extractives &Minerals Processing

Oil & Gas – Exploration &Production

Human Capital

Employee Health & Safety

Workforce Health & Safety

EM-EP-320a.1(1) Total recordable incident rate (TRIR), (2) fatality rate, (3) near missfrequency rate (NMFR), and (4) average hours of health, safety, andemergency response training for (a) full-time employees, (b) contract

Rate, Hours (h)EM-EP-140a.2

✔

✔

✔

✔

✔

List of Disclosure Items and Indicators of ESG InformationDisclosure Frameworks/Standards and Classification Results

EM-EP-140a.1

Massage from director
and/or management

Air Quality

Business model

GHG Emissions

Disclosure Information Category
Summary oforganization or business

List of Disclosure Items and Indicators of ESG InformationDisclosure Frameworks/Standards and Classification Results

140

GHG Emissions✔

✔

Environment

1

Unit of measure
Number, Days✔

Appendix

List of Accounting Metics of SASB Standards

✔

✔

✔

141
✔

Extractives &Minerals Processing

Oil & Gas – Exploration &Production

Environment

Ecological Impacts

Biodiversity Impacts

EM-EP-160a.3

Percentage of (1) proved and (2) probable reserves in or near sites withprotected conservation status or endangered species habitat

Percentage (%)

Extractives &Minerals Processing

Oil & Gas – Exploration &Production

Social Capital

Human Rights & Community Relations

Security, Human Rights& Rights of Indigenous
Peoples

EM-EP-210a.1

Percentage of (1) proved and (2) probable reserves in or near areas ofconflict

Percentage (%)

Minerals
Production
ListofProcessing
Accounting
Metics of SASB Standards

Extractives &Oil & Gas – Exploration &Social Capital

Human Rights & Community Relations

Security, Human Rights& Rights of Indigenous
Peoples

EM-EP-210a.2

Percentage of (1) proved and (2) probable reserves in or near
indigenous land

Percentage (%)

Extractives &Minerals Processing

Oil & Gas – Exploration &Production

Social Capital

Human Rights & Community Relations

Security, Human Rights& Rights of Indigenous
Peoples

EM-EP-210a.3

Discussion of engagement processes and due diligence practices withrespect to human rights, indigenous rights, and operation in areas ofconflictn/a

SectorExtractives &Minerals Processing

Industry
Oil & Gas – Exploration &Production

ESG Issue Category
Social Capital

ESG Issue
Human Rights & Community Relations

Disclosure Topic
Community Relations

ID
EM-EP-210b.1

Accounting metic
Discussion of process to manage risks and opportunities associatedwith community rights and interests

Unit of measuren/aExtractives &Minerals Processing

Oil & Gas – Exploration &Production

Social Capital

Human Rights & Community Relations

Community Relations

EM-EP-210b.2

Number and duration of non-technical delays

Number, Days

Extractives &Minerals Processing

Oil & Gas – Exploration &Production

Human Capital

Employee Health & Safety

Workforce Health & Safety

EM-EP-320a.1(1) Total recordable incident rate (TRIR), (2) fatality rate, (3) near missfrequency rate (NMFR), and (4) average hours of health, safety, andemergency response training for (a) full-time employees, (b) contract
employees, and (c) short-service employees

Rate, Hours (h)Extractives &Minerals Processing

Oil & Gas – Exploration &Production

Human Capital

Employee Health & Safety

Workforce Health & Safety

EM-EP-320a.2

Discussion of management systems used to integrate a culture ofsafety throughout the exploration and production lifecyclen/aExtractives &Minerals Processing

Oil & Gas – Exploration &Production

Business Model &Innovation

Business Model Resilience

Reserves Valuation &Capital Expenditures

EM-EP-420a.1

Sensitivity of hydrocarbon reserve levels to future price projection
scenarios that account for a price on carbon emissions

Million barrels(MMbbls), Million
standard cubicfeet (MMscf)

✔

✔

✔

✔

KPIs

Strategies andpractices

Recognition of ESG
risks and opportunities

Identification ofmateriality

GovernanceCommunication withstakehoders

Massage from director
and/or management

Business model

Summary oforganization or business

Environment

✔

✔

✔

✔

✔

✔

1

Oil & Gas – Exploration &Production

Business Model &Innovation

Business Model Resilience

Reserves Valuation &Capital Expenditures

EM-EP-420a.2

Estimated carbon dioxide emissions embedded in proved hydrocarbon
reserves

Metric tons (t)
CO2-e

✔

✔

Extractives &Minerals Processing

Oil & Gas – Exploration &Production

Business Model &Innovation

Business Model Resilience

Reserves Valuation &Capital Expenditures

EM-EP-420a.3

Amount invested in renewable energy, revenue generated byrenewable energy sales

Reportingcurrency✔

✔

Extractives &Minerals Processing

Oil & Gas – Exploration &Production

Business Model &Innovation

Business Model Resilience

Reserves Valuation &Capital Expenditures

EM-EP-420a.4

Discussion of how price and demand for hydrocarbons and/or climate
regulation influence the capital expenditure strategy for exploration,acquisition, and development of assets

n/aExtractives &Minerals Processing

Oil & Gas – Exploration &Production

Leadership & GovernanceBusiness Ethics

Business Ethics &Transparency

EM-EP-510a.1

Percentage of (1) proved and (2) probable reserves in countries thathave the 20 lowest rankings in Transparency International’s Corruption
Perception Index

Percentage (%)

Extractives &Minerals Processing

Oil & Gas – Exploration &Production

Leadership & GovernanceBusiness Ethics

Business Ethics &Transparency

EM-EP-510a.2

Description of the management system for prevention of corruption andbribery throughout the value chainn/aExtractives &Minerals Processing

Oil & Gas – Exploration &Production

Leadership & GovernanceManagement of the Legal& Regulatory Environment

Management of the Legal& Regulatory Environment

EM-EP-530a.1

Discussion of corporate positions related to government regulations
and/or policy proposals that address environmental and social factors
affecting the industry

n/aExtractives &Minerals Processing

Oil & Gas – Exploration &Production

Leadership & GovernanceCritical Incident Risk
Management

Critical Incident Risk
Management

EM-EP-540a.1

Process Safety Event (PSE) rates for Loss of Primary Containment(LOPC) of greater consequence (Tier 1)

Rate

Extractives &Minerals Processing

Oil & Gas – Exploration &Production

Leadership & GovernanceCritical Incident Risk
Management

Critical Incident Risk
Management

EM-EP-540a.2

Description of management systems used to identify and mitigate
catastrophic and tail-end risksn/aExtractives &Minerals Processing

Iron & Steel Producers

Environment

GHG Emissions

Greenhouse Gas
Emissions

EM-IS-110a.1

Gross global Scope 1 emissions, percentage covered underemissions-limiting regulations

Metric tons(t) CO2-e,
Percentage (%)

Extractives &Minerals Processing

Iron & Steel Producers

Greenhouse Gas
Emissions

EM-IS-110a.2

Discussion of long-term and short-term strategy or plan to manage
Scope 1 emissions, emissions reduction targets, and an analysis ofperformance against those targets

n/aExtractives &Minerals Processing

Iron & Steel Producers

Air Emissions

EM-IS-120a.1

Air emissions of the following pollutants: (1) CO, (2) NOx (excluding
N2O), (3) SOx, (4) particulate matter (PM10), (5) manganese (MnO),(6) lead (Pb), (7) volatile organic compounds (VOCs), and (8)polycyclic aromatic hydrocarbons (PAHs)

Metric tons (t)Extractives &Minerals Processing

Iron & Steel Producers

Environment

Energy Management

Energy Management

EM-IS-130a.1(1) Total energy consumed, (2) percentage grid electricity, (3)percentage renewable

Extractives &Minerals Processing

Iron & Steel Producers

Environment

Energy Management

Energy Management

EM-IS-130a.2

Extractives &Minerals Processing

Iron & Steel Producers

Environment

Water & Wastewater
Management

Water Management

EM-IS-140a.1

Extractives &Minerals Processing

Iron & Steel Producers

Environment

Waste & Hazardous
Materials Management

Waste Management

Extractives &Minerals Processing

Iron & Steel Producers

Human Capital

Employee Health & Safety

Workforce Health & Safety

Extractives &Minerals Processing

Iron & Steel Producers

Business Model &Innovation

Supply Chain Management

Supply Chain Management

Extractives &Minerals Processing

Oil & Gas – Midstream

Environment

GHG Emissions

Greenhouse Gas
Emissions

Environment

GHG Emissions

Air Quality

✔

✔

✔

✔

✔

✔

✔

✔

✔

✔

✔

✔

✔

✔

Gigajoules (GJ),
Percentage (%)✔

✔

(1) Total fuel consumed, (2) percentage coal, (3) percentage naturalgas, (4) percentage renewable

Gigajoules (GJ),
Percentage (%)✔

✔

(1) Total fresh water withdrawn, (2) percentage recycled, (3)percentage in regions with High or Extremely High Baseline Water
StressThousand cubic
meters (m³),
Percentage (%)✔

✔

EM-IS-150a.1

Amount of waste generated, percentage hazardous, percentage
recycled

Metric tons (t),Percentage (%)✔

✔

EM-IS-320a.1(1) Total recordable incident rate (TRIR), (2) fatality rate, and (3) near
miss frequency rate (NMFR) for (a) full-time employees and (b) contract
employees

Rate

EM-IS-430a.1

Discussion of the process for managing iron ore and/or coking coalsourcing risks arising from environmental and social issuesn/aEM-MD-110a.1

Gross global Scope 1 emissions, percentage methane, percentage
covered under emissions-limiting regulations

Metric tons
CO2-e (t),Percentage (%)

List of Disclosure Items and Indicators of ESG InformationDisclosure Frameworks/Standards and Classification Results

List of Disclosure Items and Indicators of ESG InformationDisclosure Frameworks/Standards and Classification Results

Extractives &Minerals Processing

Environment

Appendix✔
Disclosure Information Category

1

142

✔

✔

✔

✔

✔

✔

143

Iron & Steel Producers

Environment

Energy Management

Energy Management

EM-IS-130a.1(1) Total energy consumed, (2) percentage grid electricity, (3)percentage renewable

Gigajoules (GJ),
Percentage (%)✔

✔

Extractives &Minerals Processing

Iron & Steel Producers

Environment

Energy Management

Energy Management

EM-IS-130a.2(1) Total fuel consumed, (2) percentage coal, (3) percentage naturalgas, (4) percentage renewable

Gigajoules (GJ),
Percentage (%)✔

✔

Extractives &Iron & Steel Producers

Environment

Water & Wastewater
Management

Water Management

EM-IS-140a.1(1) Total fresh water withdrawn, (2) percentage recycled, (3)percentage in regions with High or Extremely High Baseline Water
StressThousand cubic
meters (m³),
Percentage (%)✔

✔

Extractives &Minerals Processing

Iron & Steel Producers

Environment

Waste & Hazardous
Materials Management

Waste Management

EM-IS-150a.1

Amount of waste generated, percentage hazardous, percentage
recycled

Metric tons (t),Percentage (%)

Extractives&
SectorMinerals Processing

Iron & Steel
Producers
Industry

Human
ESGCapital
Issue Category

Employee
HealthESG
Issue& Safety

Workforce
HealthTopic& Safety
Disclosure

EM-IS-320a.1
ID(1) Total recordable incidentAccounting
rate (TRIR),(2) fatality rate, and (3) nearmetic
miss frequency rate (NMFR) for (a) full-time employees and (b) contract
employees

Rateof measure
Unit

Environment

Extractives &Minerals Processing

Iron & Steel Producers

Business Model &Innovation

Supply Chain Management

Supply Chain Management

EM-IS-430a.1

Discussion of the process for managing iron ore and/or coking coalsourcing risks arising from environmental and social issues

n/a✔

Extractives &Minerals Processing

Oil & Gas – Midstream

Environment

GHG Emissions

Greenhouse Gas
Emissions

EM-MD-110a.1

Gross global Scope 1 emissions, percentage methane, percentage
covered under emissions-limiting regulations

Metric tons
CO2-e (t),Percentage (%)

Extractives &Minerals Processing

Oil & Gas – Midstream

Greenhouse Gas
Emissions

EM-MD-110a.2

Discussion of long-term and short-term strategy or plan to manage
Scope 1 emissions, emissions reduction targets, and an analysis ofperformance against those targets

n/aExtractives &Minerals Processing

Oil & Gas – Midstream

Air Quality

EM-MD-120a.1

Air emissions of the following pollutants: (1) NOx (excluding N2O), (2)SOx, (3) volatile organic compounds (VOCs), and (4) particulate matter(PM10)

Metric tons (t)Extractives &Minerals Processing

Oil & Gas – Midstream

Environment

Ecological Impacts

Ecological Impacts

EM-MD-160a.1

Description of environmental management policies and practices for
active operations

n/aExtractives &Minerals Processing

Oil & Gas – Midstream

Environment

Ecological Impacts

Ecological Impacts

EM-MD-160a.2

Percentage of land owned, leased, and/or operated within areas ofprotected conservation status or endangered species habitat

Percentage (%)
by acreage✔

✔

Extractives &Minerals Processing

Oil & Gas – Midstream

Environment

Ecological Impacts

Ecological Impacts

EM-MD-160a.3

Terrestrial acreage disturbed, percentage of impacted area restored

Acres (ac),Percentage (%)✔

✔

Extractives &Minerals Processing

Oil & Gas – Midstream

Environment

Ecological Impacts

Ecological Impacts

EM-MD-160a.4

Number and aggregate volume of hydrocarbon spills, volume in Arctic,
volume in Unusually Sensitive Areas (USAs), and volume recovered

Number, Barrels(bbls)✔

✔

Extractives &Minerals Processing

Oil & Gas – Midstream

Leadership & GovernanceCompetitive Behavior

Competitive Behavior

EM-MD-520a.1

Total amount of monetary losses as a result of legal proceedings
associated with federal pipeline and storage regulations

Reportingcurrency

Extractives &Minerals Processing

Oil & Gas – Midstream

Leadership & GovernanceCritical Incident Risk
Management

Operational Safety,
Emergency Preparedness& Response

EM-MD-540a.1

Number of reportable pipeline incidents, percentage significant

Number,
Percentage (%)

Extractives &Minerals Processing

Oil & Gas – Midstream

Critical Incident Risk
Management

Operational Safety,
Emergency Preparedness& Response

EM-MD-540a.2

Extractives &Minerals Processing

Oil & Gas – Midstream

Critical Incident Risk
Management

Operational Safety,
Emergency Preparedness& Response

EM-MD-540a.3

Extractives &Minerals Processing

Oil & Gas – Midstream

Critical Incident Risk
Management

Operational Safety,
Emergency Preparedness& Response

EM-MD-540a.4

Extractives &Minerals Processing

Metals & Mining

GHG Emissions

Greenhouse Gas
Emissions

EM-MM-110a.1

Extractives &Minerals Processing

Metals & Mining

Greenhouse Gas
Emissions

EM-MM-110a.2

Extractives &Minerals Processing

Metals & Mining

Air Quality

EM-MM-120a.1

Extractives &Minerals Processing

Metals & Mining

Environment

Energy Management

Energy Management

Extractives &Minerals Processing

Metals & Mining

Environment

Water & Wastewater
Management

Water Management

Extractives &Minerals Processing

Metals & Mining

Environment

Water & Wastewater
Management

Water Management

Extractives &Minerals Processing

Metals & Mining

Environment

Waste & Hazardous
Materials Management

Extractives &Minerals Processing

Metals & Mining

Environment

Extractives &Minerals Processing

Metals & Mining

Extractives &Minerals Processing

Metals & Mining

ListofProcessing
Accounting Metics of SASB Standards
Minerals✔

Number

Discussion of management systems used to integrate a culture ofsafety and emergency preparedness throughout the value chain andthroughout project lifecycles

n/aGross global Scope 1 emissions, percentage covered underemissions-limiting regulations

Metric tons(t) CO2-e,
Percentage (%)

Discussion of long-term and short-term strategy or plan to manage
Scope 1 emissions, emissions reduction targets, and an analysis ofperformance against those targets

n/a

Air emissions of the following pollutants: (1) CO, (2) NOx (excluding
N2O), (3) SOx, (4) particulate matter (PM10), (5) mercury (Hg), (6) lead(Pb), and (7) volatile organic compounds (VOCs)

Metric tons (t)EM-MM-130a.1(1) Total energy consumed, (2) percentage grid electricity, (3)percentage renewable

EM-MM-140a.1

✔

✔

1

✔

✔

✔

✔

✔

✔

✔

✔

✔

✔

✔

✔

Gigajoules (GJ),
Percentage (%)✔

✔

(1) Total fresh water withdrawn, (2) total fresh water consumed,
percentage of each in regions with High or Extremely High Baseline
Water StressThousand cubic
meters (m³),
Percentage (%)✔

✔

EM-MM-140a.2

Number of incidents of non-compliance associated with water quality
permits, standards, and regulations

Number✔

✔

Waste & Hazardous
Materials Management

EM-MM-150a.1

Total weight of tailings waste, percentage recycled

Metric tons (t),Percentage (%)✔

✔

Waste & Hazardous
Materials Management

Waste & Hazardous
Materials Management

EM-MM-150a.2

Total weight of mineral processing waste, percentage recycled

Metric tons (t),Percentage (%)✔

✔

Environment

Waste & Hazardous
Materials Management

Waste & Hazardous
Materials Management

EM-MM-150a.3

Number of tailings impoundments, broken down by MSHA hazard
potential

Number✔

✔

Environment

Ecological Impacts

Biodiversity Impacts

EM-MM-160a.1

Description of environmental management policies and practices for
active sites

n/a✔

List of Disclosure Items and Indicators of ESG InformationDisclosure Frameworks/Standards and Classification Results

Number of (1) accident releases and (2) non-accident releases (NARs)
from rail transportation

✔

✔

✔

Percentage (%)

✔

✔

✔

✔

Percentage of (1) natural gas and (2) hazardous liquid pipelines
inspected

KPIs

Air Quality

Strategies andpractices

Environment

GHG Emissions

Recognition of ESG
risks and opportunities

Environment

Identification ofmateriality

Environment

Governance

Leadership & GovernanceCommunication withstakehoders

Leadership & Governance

Massage from director
and/or management

Leadership & Governance

Air Quality

Business model

List of Disclosure Items and Indicators of ESG InformationDisclosure Frameworks/Standards and Classification Results

144

Environment

GHG Emissions✔

Summary oforganization or business

1

Environment

Disclosure Information Category

Appendix

Extractives &Minerals Processing✔

145Disclosure Information Category
KPIs

Strategies andpractices

Recognition of ESG
risks and opportunities

Unit of measure

Identification ofmateriality

Accounting metic

GovernanceID

Communication withstakehoders

Disclosure Topic

Massage from director
and/or management

ESG Issue

Business model

Extractives &Minerals Processing

Metals & Mining

Environment

Ecological Impacts

Biodiversity Impacts

EM-MM-160a.2

Percentage of mine sites where acid rock drainage is: (1) predicted tooccur, (2) actively mitigated, and (3) under treatment or remediation

Percentage (%)✔

✔

Extractives &Minerals Processing

Metals & Mining

Environment

Ecological Impacts

Biodiversity Impacts

EM-MM-160a.3

Percentage of (1) proved and (2) probable reserves in or near sites withprotected conservation status or endangered species habitat

Percentage (%)✔

✔

Extractives &Minerals Processing

Metals & Mining

Social Capital

Human Rights & Community Relations

Security, Human Rights& Rights of Indigenous
Peoples

EM-MM-210a.1

Percentage of (1) proved and (2) probable reserves in or near areas ofconflict

Percentage (%)

Extractives &Minerals Processing

Metals & Mining

Human Rights & Community Relations

Security, Human Rights& Rights of Indigenous
Peoples

EM-MM-210a.2

Percentage of (1) proved and (2) probable reserves in or near
indigenous land

Percentage (%)

Extractives &Minerals Processing

Metals & Mining

Human Rights & Community Relations

Security, Human Rights& Rights of Indigenous
Peoples

EM-MM-210a.3

Discussion of engagement processes and due diligence practices withrespect to human rights, indigenous rights, and operation in areas ofconflictn/aExtractives &Minerals Processing

Metals & Mining

Social Capital

Human Rights & Community Relations

Community Relations

EM-MM-210b.1

Discussion of process to manage risks and opportunities associatedwith community rights and interests

n/aExtractives &Minerals Processing

Metals & Mining

Social Capital

Human Rights & Community Relations

Community Relations

EM-MM-210b.2

Number and duration of non-technical delays

Number, Days✔

Extractives &Minerals Processing

Metals & Mining

Human Capital

Labor Practices

Labor Relations

EM-MM-310a.1

Percentage of active workforce covered under collective bargaining
agreements, broken down by U.S. and foreign employees

Percentage (%)✔

Extractives &Minerals Processing

Metals & Mining

Human Capital

Labor Practices

Labor Relations

EM-MM-310a.2

Number and duration of strikes and lockouts

Number, Days✔

Extractives &Minerals Processing

Metals & Mining

Human Capital

Employee Health & Safety

Workforce Health & Safety

EM-MM-320a.1(1) MSHA all-incidence rate, (2) fatality rate, (3) near miss frequency
rate (NMFR) and (4) average hours of health, safety, and emergency
response training for (a) full-time employees and (b) contract
employees

Rate

Extractives &Minerals Processing

Metals & Mining

Leadership & GovernanceBusiness Ethics

Business Ethics &Transparency

EM-MM-510a.1

Description of the management system for prevention of corruption andbribery throughout the value chainn/aExtractives &Minerals Processing

Metals & Mining

Leadership & GovernanceBusiness Ethics

Business Ethics &Transparency

EM-MM-510a.2

Production in countries that have the 20 lowest rankings in Transparency International’s Corruption Perception Index

Metric tons (t)saleable

Extractives &Minerals Processing

Oil & Gas – Refining &Marketing

Environment

GHG Emissions

Greenhouse Gas
Emissions

EM-RM-110a.1

Gross global Scope 1 emissions, percentage covered underemissions-limiting regulations

Metric tons(t) CO2-e,
Percentage (%)

Extractives &Minerals Processing

Oil & Gas – Refining &Marketing

Environment

Greenhouse Gas
Emissions

EM-RM-110a.2

Discussion of long-term and short-term strategy or plan to manage
Scope 1 emissions, emissions reduction targets, and an analysis ofperformance against those targets

n/aExtractives &Minerals Processing

Oil & Gas – Refining &Marketing

Environment

Air Quality

EM-RM-120a.1

Air emissions of the following pollutants: (1) NOx (excluding N2O), (2)SOx, (3) particulate matter (PM10), (4) H2S, and (5) volatile organic
compounds (VOCs)

Metric tons (t)Extractives &Minerals Processing

Oil & Gas – Refining &Marketing

Environment

Air Quality

Air Quality

EM-RM-120a.2

Number of refineries in or near areas of dense population

NumberExtractives &Minerals Processing

Oil & Gas – Refining &Marketing

Environment

Water & Wastewater
Management

Water Management

EM-RM-140a.1(1) Total fresh water withdrawn, (2) percentage recycled, (3)percentage in regions with High or Extremely High Baseline Water
StressThousand cubic
meters (m³),
Percentage (%)

Extractives &Minerals Processing

Oil & Gas – Refining &Marketing

Environment

Water & Wastewater
Management

Water Management

EM-RM-140a.2

Number of incidents of non-compliance associated with water quality
permits, standards, and regulations

NumberExtractives &Minerals Processing

Oil & Gas – Refining &Marketing

Environment

Waste & Hazardous
Materials Management

Hazardous Materials
Management

EM-RM-150a.1

Amount of hazardous waste generated, percentage recycled

Metric tons (t),Percentage (%)

Extractives &Minerals Processing

Oil & Gas – Refining &Marketing

Environment

Waste & Hazardous
Materials Management

Hazardous Materials
Management

EM-RM-150a.2(1) Number of underground storage tanks (USTs), (2) number of UST
releases requiring cleanup, and (3) percentage in states with UST
financial assurance funds

Number,
Percentage (%)

Extractives &Minerals Processing

Oil & Gas – Refining &Marketing

Human Capital

Employee Health & Safety

Workforce Health & Safety

EM-RM-320a.1(1) Total recordable incident rate (TRIR), (2) fatality rate, and (3) near
miss frequency rate (NMFR) for (a) full-time employees and (b) contract
employees

Rate

Extractives &Minerals Processing

Oil & Gas – Refining &Marketing

Human Capital

Discussion of management systems used to integrate a culture ofsafetyn/aSocial CapitalSocial Capital

GHG Emissions

Air Quality

Employee Health & Safety

Workforce Health & Safety

EM-RM-320a.2

✔

✔

✔

✔

✔

✔

✔

✔

✔

✔

✔

✔

✔

✔

✔

✔

✔

✔

✔

✔

✔

✔

✔

✔

1
List of Disclosure Items and Indicators of ESG InformationDisclosure Frameworks/Standards and Classification Results

List of Disclosure Items and Indicators of ESG InformationDisclosure Frameworks/Standards and Classification Results146

ESG Issue Category

Summary oforganization or business1

Industry

Environment

SectorAppendix

List of Accounting Metics of SASB Standards

✔

✔

147

Air Quality

Air Quality

EM-RM-120a.2

Number of refineries in or near areas of dense population

NumberExtractives &Minerals Processing

Oil & Gas – Refining &Marketing

Environment

Water & Wastewater
Management

Water Management

EM-RM-140a.1(1) Total fresh water withdrawn, (2) percentage recycled, (3)percentage in regions with High or Extremely High Baseline Water
StressThousand cubic
meters (m³),
Percentage (%)

ListofProcessing
Accounting
Metics of SASB Standards
MineralsMarketing

Extractives &Oil & Gas – Refining &Environment

Water & Wastewater
Management

Water Management

EM-RM-140a.2

Number of incidents of non-compliance associated with water quality
permits, standards, and regulations

NumberExtractives &Minerals Processing

Oil & Gas – Refining &Marketing

Environment

Waste & Hazardous
Materials Management

Hazardous Materials
Management

EM-RM-150a.1

Amount of hazardous waste generated, percentage recycled

Metric tons (t),Percentage (%)

Extractives &Minerals
Processing
SectorOil & Gas – Refining &MarketingIndustry

Environment
ESG Issue Category

Waste & Hazardous
MaterialsESG
Management
Issue

Hazardous Materials
Management
Disclosure Topic

EM-RM-150a.2
ID(1) Number of underground storage tanks (USTs), (2) number of UST
releases requiring cleanup, Accounting
and (3) percentage
in states with UST
meticfinancial assurance funds

Number,
Percentage(%)
Unitof measure

Extractives &Minerals Processing

Oil & Gas – Refining &Marketing

Human Capital

Employee Health & Safety

Workforce Health & Safety

EM-RM-320a.1(1) Total recordable incident rate (TRIR), (2) fatality rate, and (3) near
miss frequency rate (NMFR) for (a) full-time employees and (b) contract
employees

Rate

Extractives &Minerals Processing

Oil & Gas – Refining &Marketing

Human Capital

Employee Health & Safety

Workforce Health & Safety

EM-RM-320a.2

Discussion of management systems used to integrate a culture ofsafetyn/aExtractives &Minerals Processing

Oil & Gas – Refining &MarketingBusiness Model &Innovation

Product Design & Lifecycle
Management

Product Specifications &Clean Fuel Blends

EM-RM-410a.1

Percentage of Renewable Volume Obligation (RVO) met through: (1)production of renewable fuels, (2) purchase of “separated” renewable
identification numbers (RIN)

Percentage (%)

Extractives &Minerals Processing

Oil & Gas – Refining &MarketingBusiness Model &Innovation

Product Design & Lifecycle
Management

Product Specifications &Clean Fuel Blends

EM-RM-410a.2

Total addressable market and share of market for advanced biofuels
and associated infrastructure

Reportingcurrency,
Percentage (%)

Extractives &Minerals Processing

Oil & Gas – Refining &Marketing

Leadership & GovernanceCompetitive Behavior

Pricing Integrity &Transparency

EM-RM-520a.1

Total amount of monetary losses as a result of legal proceedings
associated with price fixing or price manipulation

Reportingcurrency

Extractives &Minerals Processing

Oil & Gas – Refining &Marketing

Leadership & GovernanceManagement of the Legal& Regulatory Environment

Management of the Legal& Regulatory Environment

EM-RM-530a.1

Discussion of corporate positions related to government regulations
and/or policy proposals that address environmental and social factors
affecting the industry

n/aExtractives &Minerals Processing

Oil & Gas – Refining &Marketing

Leadership & GovernanceCritical Incident Risk
Management

Critical Incident Risk
Management

EM-RM-540a.1

Process Safety Event (PSE) rates for Loss of Primary Containment(LOPC) of greater consequence (Tier 1) and lesser consequence (Tier
2)

Rate

Extractives &Minerals Processing

Oil & Gas – Refining &Marketing

Leadership & GovernanceCritical Incident Risk
Management

Critical Incident Risk
Management

EM-RM-540a.2

Challenges to Safety Systems indicator rate (Tier 3)

Rate

Extractives &Minerals Processing

Oil & Gas – Refining &Marketing

Leadership & GovernanceCritical Incident Risk
Management

Critical Incident Risk
Management

EM-RM-540a.3

Discussion of measurement of Operating Discipline and Management
System Performance through Tier 4 Indicators

n/aExtractives &Minerals Processing

Oil & Gas – Services

Environment

GHG Emissions

Emissions Reduction
Services & Fuels
Management

EM-SV-110a.1

Total fuel consumed, percentage renewable, percentage used in: (1)on-road equipment and vehicles and (2) off-road equipment

Gigajoules (GJ),
Percentage (%)

Extractives &Minerals Processing

Oil & Gas – Services

Emissions Reduction
Services & Fuels
Management

EM-SV-110a.2

Discussion of strategy or plans to address air emissions-related risks,
opportunities, and impacts

n/aExtractives &Minerals Processing

Oil & Gas – Services

Emissions Reduction
Services & Fuels
Management

EM-SV-110a.3

Percentage of engines in service that meet Tier 4 compliance for
non-road diesel engine emissions

Percentage (%)

Extractives &Minerals Processing

Oil & Gas – Services

Water & Wastewater
Management

Water Management
Services

EM-SV-140a.1(1) Total volume of fresh water handled in operations, (2) percentage
recycled

Thousand cubic
meters (m³),
Percentage (%)

Extractives &Minerals Processing

Oil & Gas – Services

Environment

Water & Wastewater
Management

Water Management
Services

EM-SV-140a.2

Discussion of strategy or plans to address water consumption anddisposal-related risks, opportunities, and impacts

n/aExtractives &Minerals Processing

Oil & Gas – Services

Environment

Waste & Hazardous
Materials Management

Chemicals Management

EM-SV-150a.1

Volume of hydraulic fracturing fluid used, percentage hazardous

Thousand cubic
meters (m³),
Percentage (%)

Extractives &Minerals Processing

Oil & Gas – Services

Environment

Waste & Hazardous
Materials Management

Chemicals Management

EM-SV-150a.2

Discussion of strategy or plans to address chemical-related risks,
opportunities, and impacts

n/a✔

Extractives &Minerals Processing

Oil & Gas – Services

Environment

Ecological Impacts

Ecological Impact
Management

EM-SV-160a.1

Average disturbed acreage per (1) oil and (2) gas well site

Acres (ac)✔

Extractives &Minerals Processing

Oil & Gas – Services

Environment

Ecological Impacts

Ecological Impact
Management

EM-SV-160a.2

Discussion of strategy or plan to address risks and opportunities
related to ecological impacts from core activities

n/a✔

Extractives &Minerals Processing

Oil & Gas – Services

Human Capital

Employee Health & Safety

Workforce Health & Safety

EM-SV-320a.1(1) Total recordable incident rate (TRIR), (2) fatality rate, (3) near missfrequency rate (NMFR), (4) total vehicle incident rate (TVIR), and (5)average hours of health, safety, and emergency response training for(a) full-time employees, (b) contract employees, and (c) short-service
employees

Rate

✔

✔

✔

✔

KPIs

Strategies andpractices

Recognition of ESG
risks and opportunities

Identification ofmateriality✔

Disclosure Information Category
Governance✔

Communication withstakehoders

✔

✔

✔

✔

✔

✔

✔

✔

✔

✔

✔

✔

✔

✔

✔

✔

✔

✔

✔

✔

✔

✔

✔

✔

✔

✔

✔

✔

✔

Extractives &Minerals Processing

Oil & Gas – Services

Human Capital

Employee Health & Safety

Workforce Health & Safety

EM-SV-320a.2

Description of management systems used to integrate a culture ofsafety throughout the value chain and project lifecyclen/aExtractives &Minerals Processing

Oil & Gas – Services

Leadership & GovernanceBusiness Ethics

Business Ethics &Payments Transparency

EM-SV-510a.1

Amount of net revenue in countries that have the 20 lowest rankings inTransparency International’s Corruption Perception Index

Reportingcurrency

Extractives &Minerals Processing

Oil & Gas – Services

Leadership & GovernanceBusiness Ethics

Business Ethics &Payments Transparency

EM-SV-510a.2

Description of the management system for prevention of corruption andbribery throughout the value chainn/a1
List of Disclosure Items and Indicators of ESG InformationDisclosure Frameworks/Standards and Classification Results

Environment

GHG Emissions✔

Massage from director
and/or management

Environment

GHG Emissions✔

Business model

Environment✔

Appendix

Environment

Summary oforganization or business

List of Disclosure Items and Indicators of ESG InformationDisclosure Frameworks/Standards and Classification Results148

Oil & Gas – Refining &Marketing

Environment

1

Extractives &Minerals Processing

✔

✔

✔

149

Oil & Gas – Services

Environment

Waste & Hazardous
Materials Management

Chemicals Management

EM-SV-150a.2

Discussion of strategy or plans to address chemical-related risks,
opportunities, and impacts

n/a✔

Extractives &Minerals Processing

Oil & Gas – Services

Environment

Ecological Impacts

Ecological Impact
Management

EM-SV-160a.1

Average disturbed acreage per (1) oil and (2) gas well site

Acres (ac)✔

Extractives &Minerals Processing

Oil & Gas – Services

Environment

Ecological Impacts

Ecological Impact
Management

EM-SV-160a.2

Discussion of strategy or plan to address risks and opportunities
related to ecological impacts from core activities

n/a✔

Extractives &Minerals Processing

Oil & Gas – Services

Employee Health & Safety

Workforce Health & Safety

EM-SV-320a.1(1) Total recordable incident rate (TRIR), (2) fatality rate, (3) near missfrequency rate (NMFR), (4) total vehicle incident rate (TVIR), and (5)average hours of health, safety, and emergency response training for(a) full-time employees, (b) contract employees, and (c) short-service
employees

Rate

List of Accounting Metics of SASB Standards

✔

✔

KPIs

Strategies andpractices

Recognition of ESG
risks and opportunities

Identification ofmateriality

GovernanceCommunication withstakehoders

Massage from director
and/or management

Business model

Summary oforganization or business

SectorExtractives &Minerals Processing

Industry
Oil & Gas – Services

ESG Issue Category
Human Capital

ESG Issue
Employee Health & Safety

Disclosure Topic
Workforce Health & Safety

ID
EM-SV-320a.2

Accounting metic
Description of management systems used to integrate a culture ofsafety throughout the value chain and project lifecycle

Unit of measuren/aExtractives &Minerals Processing

Oil & Gas – Services

Leadership & GovernanceBusiness Ethics

Business Ethics &Payments Transparency

EM-SV-510a.1

Amount of net revenue in countries that have the 20 lowest rankings inTransparency International’s Corruption Perception Index

Reportingcurrency

Extractives &Minerals Processing

Oil & Gas – Services

Leadership & GovernanceBusiness Ethics

Business Ethics &Payments Transparency

EM-SV-510a.2

Description of the management system for prevention of corruption andbribery throughout the value chainn/aExtractives &Minerals Processing

Oil & Gas – Services

Leadership & GovernanceManagement of the Legal& Regulatory Environment

Management of the Legal& Regulatory Environment

EM-SV-530a.1

Discussion of corporate positions related to government regulations
and/or policy proposals that address environmental and social factors
affecting the industry

n/aExtractives &Minerals Processing

Oil & Gas – Services

Leadership & GovernanceCritical Incident Risk
Management

Critical Incident Risk
Management

EM-SV-540a.1

Description of management systems used to identify and mitigate
catastrophic and tail-end risks

n/aFood &
Beverage

Alcoholic Beverages

Environment

Energy Management

Energy Management

FB-AB-130a.1(1) Total energy consumed, (2) percentage grid electricity, (3)percentage renewable

Gigajoules (GJ),
Percentage (%)✔

✔

Food &
Beverage

Alcoholic Beverages

Environment

Water & Wastewater
Management

Water Management

FB-AB-140a.1(1) Total water withdrawn, (2) total water consumed, percentage ofeach in regions with High or Extremely High Baseline Water StressThousand cubic
meters (m³),
Percentage (%)✔

✔

Food &
Beverage

Alcoholic Beverages

Environment

Water & Wastewater
Management

Water Management

FB-AB-140a.2

Description of water management risks and discussion of strategies
and practices to mitigate those risks

n/aFood &
Beverage

Alcoholic Beverages

Social Capital

Selling Practices &Product LabelingResponsible Drinking &Marketing

FB-AB-270a.1

Percentage of total advertising impressions made on individuals at or
above the legal drinking age

Percentage (%)✔

Food &
Beverage

Alcoholic Beverages

Social Capital

Selling Practices &Product LabelingResponsible Drinking &Marketing

FB-AB-270a.2

Number of incidents of non-compliance with industry or regulatorylabeling and/or marketing codes

Number✔

Food &
Beverage

Alcoholic Beverages

Social Capital

Selling Practices &Product LabelingResponsible Drinking &Marketing

FB-AB-270a.3

Total amount of monetary losses as a result of legal proceedings
associated with marketing and/or labeling practices

Reportingcurrency

Food &
Beverage

Alcoholic Beverages

Social Capital

Selling Practices &Product LabelingResponsible Drinking &Marketing

FB-AB-270a.4

Description of efforts to promote responsible consumption of alcoholn/aFood &
Beverage

Alcoholic Beverages

Business Model &Innovation

Product Design & Lifecycle
Management

Packaging Lifecycle
Management

FB-AB-410a.1(1) Total weight of packaging, (2) percentage made from recycled and/or renewable materials, and (3) percentage that is recyclable, reusable,
and/or compostable

Metric tons (t),Percentage (%)✔

Food &
Beverage

Alcoholic Beverages

Business Model &Innovation

Product Design & Lifecycle
Management

Packaging Lifecycle
Management

FB-AB-410a.2

Discussion of strategies to reduce the environmental impact of
packaging throughout its lifecycle

n/a✔

Food &
Beverage

Alcoholic Beverages

Business Model &Innovation

Supply Chain Management

Environmental & Social
Impacts of Ingredient
Supply Chain

FB-AB-430a.1

Suppliers’ social and environmental responsibility audit (1) non-conformance rate and (2) associated corrective action rate for (a) major and(b) minor non-conformances

Rate

Food &
Beverage

Alcoholic Beverages

Business Model &Innovation

Materials Sourcing &Efficiency

Ingredient Sourcing

FB-AB-440a.1

Percentage of beverage ingredients sourced from regions with High orExtremely High Baseline Water Stress

Percentage (%)
by costFood &
Beverage

Alcoholic Beverages

Business Model &Innovation

Materials Sourcing &Efficiency

Ingredient Sourcing

FB-AB-440a.2

List of priority beverage ingredients and description of sourcing risks
due to environmental and social considerations

n/aFood &
Beverage

Agricultural Products

Environment

GHG Emissions

Greenhouse Gas
Emissions

FB-AG-110a.1

Gross global Scope 1 emissions

Metric tons (t)CO2-eFood &
Beverage

Agricultural Products

Environment

GHG Emissions

Greenhouse Gas
Emissions

FB-AG-110a.2

Discussion of long-term and short-term strategy or plan to manage
Scope 1 emissions, emissions reduction targets, and an analysis ofperformance against those targets

n/aFood &
Beverage

Agricultural Products

Environment

GHG Emissions

Greenhouse Gas
Emissions

FB-AG-110a.3

Fleet fuel consumed, percentage renewable

Gigajoules (GJ),
Percentage (%)✔

✔

Food &
Beverage

Agricultural Products

Environment

Energy Management

Energy Management

FB-AG-130a.1(1) Operational energy consumed, (2) percentage grid electricity, (3)percentage renewable

Gigajoules (GJ),
Percentage (%)✔

✔

Food &
Beverage

Agricultural Products

Environment

Water & Wastewater
Management

Water Management

FB-AG-140a.1(1) Total water withdrawn, (2) total water consumed, percentage ofeach in regions with High or Extremely High Baseline Water StressThousand cubic
meters (m³),
Percentage (%)✔

✔

Food &
Beverage

Agricultural Products

Environment

Water & Wastewater
Management

Water Management

FB-AG-140a.2

Description of water management risks and discussion of strategies
and practices to mitigate those risks

n/a✔

Food &
Beverage

Agricultural Products

Environment

Water & Wastewater
Management

Water Management

FB-AG-140a.3

Number of incidents of non-compliance associated with water quantity
and/or quality permits, standards, and regulations

Number✔

Food &
Beverage

Agricultural Products

Social Capital

Product Quality & Safety

Food Safety

FB-AG-250a.1

Global Food Safety Initiative (GFSI) audit (1) non-conformance rateand (2) associated corrective action rate for (a) major and (b) minor
non-conformances

Rate

✔

✔

✔

✔

✔

✔

✔

✔

✔

✔

✔

✔

✔

✔

✔

✔

✔

✔

✔

✔

✔

✔

✔

✔

1
List of Disclosure Items and Indicators of ESG InformationDisclosure Frameworks/Standards and Classification Results

List of Disclosure Items and Indicators of ESG InformationDisclosure Frameworks/Standards and Classification Results

150✔

Disclosure Information Category
Environment

1

Human Capital✔

Appendix

Extractives &Minerals Processing

✔

✔

✔

151

Agricultural Products

Food &
Beverage

Agricultural Products

Environment

Environment

Agricultural
Products
Environment
Foodof& Accounting
List
Meticsof SASB Standards

Beverage

GHG Emissions

Greenhouse Gas
Emissions

FB-AG-110a.3

Fleet fuel consumed, percentage renewable

Gigajoules (GJ),
Percentage (%)✔

Energy Management

Energy Management

FB-AG-130a.1(1) Operational energy consumed, (2) percentage grid electricity, (3)percentage renewable

Gigajoules (GJ),
Percentage (%)✔

(1) Total water withdrawn, (2) total water consumed, percentage ofeach in regions with High or Extremely High Baseline Water StressThousand cubic
meters (m³),
Percentage (%)

Accounting metic
Description of water management risks and discussion of strategies
and practices to mitigate those risks

Unit of measuren/aAgricultural Products

Environment

Water & Wastewater
Management

Water Management

FB-AG-140a.3

Number of incidents of non-compliance associated with water quantity
and/or quality permits, standards, and regulations

Number✔

Food &
Beverage

Agricultural Products

Social Capital

Product Quality & Safety

Food Safety

FB-AG-250a.1

Global Food Safety Initiative (GFSI) audit (1) non-conformance rateand (2) associated corrective action rate for (a) major and (b) minor
non-conformances

Rate

Food &
Beverage

Agricultural Products

Percentage of agricultural products sourced from suppliers certified
to a Global Food Safety Initiative (GFSI) recognized food safety
certification program

Percentage (%)
by costFood &
Beverage

Agricultural Products

Social Capital

Product Quality & Safety

Food Safety

FB-AG-250a.3(1) Number of recalls issued and (2) total amount of food productrecalled

Number, Metrictons (t)Food &
Beverage

Agricultural Products

Human Capital

Employee Health & Safety

Workforce Health & Safety

FB-AG-320a.1(1) Total recordable incident rate (TRIR), (2) fatality rate, and (3) near
miss frequency rate (NMFR) for (a) direct employees and (b) seasonaland migrant employees

Rate

Food &
Beverage

Agricultural Products

Percentage of agricultural products sourced that are certified to athird-party environmental and/or social standard, and percentages bystandard

Percentage (%)
by costFood &
Beverage

Agricultural Products

Suppliers’ social and environmental responsibility audit (1) non-conformance rate and (2) associated corrective action rate for (a) major and(b) minor non-conformances

Rate

Food &
Beverage

Agricultural Products

Discussion of strategy to manage environmental and social risks arisingfrom contract growing and commodity sourcing

n/aFood &
Beverage

✔

✔

KPIs

ID
FB-AG-140a.2

Strategies andpractices

Disclosure Topic
Water Management✔

Recognition of ESG
risks and opportunities

ESG Issue
Water & Wastewater
Management

FB-AG-250a.2✔
Identification ofmateriality

ESG Issue Category
Environment

Food Safety✔

Governance

Water Management

Product Quality & Safety✔

Disclosure Information Category

Water & Wastewater
Management

Social Capital

FB-AG-140a.1✔

Communication withstakehoders

Food &
Beveragen/aMassage from director
and/or management

Industry
Agricultural Products

Discussion of long-term and short-term strategy or plan to manage
Scope 1 emissions, emissions reduction targets, and an analysis ofperformance against those targets

Business model

SectorFood &
Beverage

Environment

FB-AG-110a.2

Summary oforganization or business

✔

✔

✔

✔

✔

✔

✔

Business Model &Innovation

Supply Chain Management

Environmental & Social
Impacts of Ingredient
Supply Chain

FB-AG-430a.1

Business Model &Innovation

Supply Chain Management

Environmental & Social
Impacts of Ingredient
Supply Chain

FB-AG-430a.2

Business Model &Innovation

Supply Chain Management

Environmental & Social
Impacts of Ingredient
Supply Chain

FB-AG-430a.3

Agricultural Products

Business Model &Innovation

Supply Chain Management

GMO Management

FB-AG-430b.1

Discussion of strategies to manage the use of genetically modified
organisms (GMOs)

n/aFood &
Beverage

Agricultural Products

Business Model &Innovation

Materials Sourcing &Efficiency

Ingredient Sourcing

FB-AG-440a.1

Identification of principal crops and description of risks and opportunities presented by climate changen/aFood &
Beverage

Agricultural Products

Business Model &Innovation

Materials Sourcing &Efficiency

Ingredient Sourcing

FB-AG-440a.2

Percentage of agricultural products sourced from regions with High orExtremely High Baseline Water Stress

Percentage (%)
by cost✔

✔

Food &
Beverage

Food Retailers &Distributors

Environment

GHG Emissions

Fleet Fuel Management

FB-FR-110a.1

Fleet fuel consumed, percentage renewable

Gigajoules (GJ),
Percentage (%)✔

✔

Food &
Beverage

Food Retailers &Distributors

Environment

GHG Emissions

Air Emissions from
Refrigeration

FB-FR-110b.1

Gross global Scope 1 emissions from refrigerants

Metric tons (t)
CO2-e

✔

✔

Food &
Beverage

Food Retailers &Distributors

Environment

GHG Emissions

Air Emissions from
Refrigeration

FB-FR-110b.2

Percentage of refrigerants consumed with zero ozone-depleting
potential

Percentage (%)
by weight✔

✔

Food &
Beverage

Food Retailers &Distributors

Environment

GHG Emissions

Air Emissions from
Refrigeration

FB-FR-110b.3

Average refrigerant emissions rate

Percentage (%)✔

✔

Food &
Beverage

Food Retailers &Distributors

Environment

Energy Management

Energy Management

FB-FR-130a.1(1) Operational energy consumed, (2) percentage grid electricity, (3)percentage renewable

Gigajoules (GJ),
Percentage (%)✔

✔

Food &
Beverage

Food Retailers &Distributors

Environment

Waste & Hazardous
Materials Management

Food Waste Management

FB-FR-150a.1

Amount of food waste generated, percentage diverted from the waste
streamMetric tons (t),Percentage (%)✔

✔

Food &
Beverage

Food Retailers &Distributors

Social Capital

Data Security

Data Security

FB-FR-230a.1(1) Number of data breaches, (2) percentage involving personallyidentifiable information (PII), (3) number of customers affected

Number,
Percentage (%)

Food &
Beverage

Food Retailers &Distributors

Social Capital

Data Security

Data Security

FB-FR-230a.2

Description of approach to identifying and addressing data security
risks

n/a

Food &
Beverage

Food Retailers &Distributors

Social Capital

Product Quality & Safety

Food Safety

FB-FR-250a.1

High-risk food safety violation rate

Rate

Food &
Beverage

Food Retailers &Distributors

Social Capital

Product Quality & Safety

Food Safety

FB-FR-250a.2(1) Number of recalls, (2) number of units recalled, (3) percentage ofunits recalled that are private-label products

Number,
Percentage (%)✔

Food &
Beverage

Food Retailers &Distributors

Social Capital

Customer Welfare

Product Health & Nutrition

FB-FR-260a.1

Revenue from products labeled and/or marketed to promote health andnutrition attributes

Reportingcurrency✔

Food &
Beverage

Food Retailers &Distributors

Social Capital

Customer Welfare

Product Health & Nutrition

FB-FR-260a.2

Discussion of the process to identify and manage products and ingredients related to nutritional and health concerns among consumers

n/aFood &
Beverage

Food Retailers &Distributors

Social Capital

Selling Practices &Product Labeling

Product Labeling &Marketing

FB-FR-270a.1

Number of incidents of non-compliance with industry or regulatorylabeling and/or marketing codes

Number

✔

✔

✔

✔

✔

✔

✔

✔

✔

✔

✔

✔

✔

✔

1
List of Disclosure Items and Indicators of ESG InformationDisclosure Frameworks/Standards and Classification Results

List of Disclosure Items and Indicators of ESG InformationDisclosure Frameworks/Standards and Classification Results

152

Agricultural Products

Greenhouse Gas
Emissions

Environment

1

Food &
Beverage

GHG Emissions

Appendix

Food &
Beverage

✔

✔

153

Distributors

Food &
Beverage

Food Retailers &Distributors

Social Capital

Data Security

Data Security

Food &
Beverage

Food Retailers &Distributors

Social Capital

Data Security

Food &
Beverage

Food Retailers &Distributors

Social Capital

Food &
Beverage

Food Retailers &Distributors

SectorFood &
Beverage

Materials Management
FB-FR-230a.1(1) Number of data breaches, (2) percentage involving personallyidentifiable information (PII), (3) number of customers affected

Number,
Percentage (%)

Data Security

FB-FR-230a.2

Description of approach to identifying and addressing data security
risks

n/a

Product Quality & Safety

Food Safety

FB-FR-250a.1

High-risk food safety violation rate

Rate

Social Capital

Product Quality & Safety

Food Safety

FB-FR-250a.2(1) Number of recalls, (2) number of units recalled, (3) percentage ofunits recalled that are private-label products

Number,
Percentage (%)

Industry
Food Retailers &Distributors

ESG Issue Category
Social Capital

ESG Issue
Customer Welfare

Disclosure Topic
Product Health & NutritionID
FB-FR-260a.1

Accounting metic
Revenue from products labeled and/or marketed to promote health andnutrition attributes

Unit of measure
Reportingcurrency

Food &
Beverage

Food Retailers &Distributors

Social Capital

Customer Welfare

Product Health & Nutrition

FB-FR-260a.2

Discussion of the process to identify and manage products and ingredients related to nutritional and health concerns among consumers

n/aFood &
Beverage

Food Retailers &Distributors

Social Capital

Selling Practices &Product Labeling

Product Labeling &Marketing

FB-FR-270a.1

Number of incidents of non-compliance with industry or regulatorylabeling and/or marketing codes

NumberFood &
Beverage

Food Retailers &Distributors

Social Capital

Selling Practices &Product Labeling

Product Labeling &Marketing

FB-FR-270a.2

Total amount of monetary losses as a result of legal proceedings
associated with marketing and/or labeling practices

Reportingcurrency✔

Food &
Beverage

Food Retailers &Distributors

Social Capital

Selling Practices &Product Labeling

Product Labeling &Marketing

FB-FR-270a.3

Revenue from products labeled as (1) containing genetically modified
organisms (GMOs) and (2) non-GMO

Reportingcurrency✔

Food &
Beverage

Food Retailers &Distributors

Human Capital

Labor Practices

Labor Practices

FB-FR-310a.1(1) Average hourly wage and (2) percentage of in-store and distribution
center employees earning minimum wage, by region

Reportingcurrency,
Percentage (%)✔

Food &
Beverage

Food Retailers &Distributors

Human Capital

Labor Practices

Labor Practices

FB-FR-310a.2

Percentage of active workforce covered under collective bargaining
agreements

Percentage (%)

Food &
Beverage

Food Retailers &Distributors

Human Capital

Labor Practices

Labor Practices

FB-FR-310a.3(1) Number of work stoppages and (2) total days idle

Number, Days
idle✔

Food &
Beverage

Food Retailers &Distributors

Human Capital

Labor Practices

Labor Practices

FB-FR-310a.4

Total amount of monetary losses as a result of legal proceedings associated with: (1) labor law violations and (2) employment discrimination

Reportingcurrency✔

Food &
Beverage

Food Retailers &Distributors

Business Model &Innovation

Supply Chain Management

Management of Environmental & Social Impacts in
the Supply Chain

FB-FR-430a.1

Revenue from products third-party certified to environmental or social
sustainability sourcing standards

Reportingcurrency✔

✔

Food &
Beverage

Food Retailers &Distributors

Business Model &Innovation

Supply Chain Management

Management of Environmental & Social Impacts in
the Supply Chain

FB-FR-430a.2

Percentage of revenue from (1) eggs that originated from a cage-freeenvironment and (2) pork produced without the use of gestation crates

Percentage (%)
by revenue✔

✔

Food &
Beverage

Food Retailers &Distributors

Business Model &Innovation

Supply Chain Management

Management of Environmental & Social Impacts in
the Supply Chain

FB-FR-430a.3

Discussion of strategy to manage environmental and social risks within
the supply chain, including animal welfare

n/aFood &
Beverage

Food Retailers &Distributors

Business Model &Innovation

Supply Chain Management

Management of Environmental & Social Impacts in
the Supply Chain

FB-FR-430a.4

Discussion of strategies to reduce the environmental impact of
packagingn/aFood &
Beverage

Meat, Poultry & Dairy

Environment

GHG Emissions

Greenhouse Gas
Emissions

FB-MP-110a.1

Gross global Scope 1 emissions

Metric tons (t)CO2-eFood &
Beverage

Meat, Poultry & Dairy

Environment

GHG Emissions

Greenhouse Gas
Emissions

FB-MP-110a.2

Discussion of long-term and short-term strategy or plan to manage
Scope 1 emissions, emissions reduction targets, and an analysis ofperformance against those targets

n/aFood &
Beverage

Meat, Poultry & Dairy

Environment

Energy Management

Energy Management

FB-MP-130a.1(1) Total energy consumed, (2) percentage grid electricity, (3)percentage renewable

Gigajoules (GJ),
Percentage (%)✔

✔

Food &
Beverage

Meat, Poultry & Dairy

Environment

Water & Wastewater
Management

Water Management

FB-MP-140a.1(1) Total water withdrawn, (2) total water consumed, percentage ofeach in regions with High or Extremely High Baseline Water StressThousand cubic
meters (m³),
Percentage (%)✔

✔

Food &
Beverage

Meat, Poultry & Dairy

Environment

Water & Wastewater
Management

Water Management

FB-MP-140a.2

Description of water management risks and discussion of strategies
and practices to mitigate those risks

n/a✔

Food &
Beverage

Meat, Poultry & Dairy

Environment

Water & Wastewater
Management

Water Management

FB-MP-140a.3

Number of incidents of non-compliance with water quality permits,standards, and regulations

Number✔

✔

Food &
Beverage

Meat, Poultry & Dairy

Environment

Ecological Impacts

Land Use & Ecological
Impacts

FB-MP-160a.1

Amount of animal litter and manure generated, percentage managed
according to a nutrient management plan

Metric tons (t),Percentage (%)✔

✔

Food &
Beverage

Meat, Poultry & Dairy

Environment

Ecological Impacts

Land Use & Ecological
Impacts

FB-MP-160a.2

Percentage of pasture and grazing land managed to Natural Resources
Conservation Service (NRCS) conservation plan criteria

Percentage (%)
by hectares✔

✔

Food &
Beverage

Meat, Poultry & Dairy

Environment

Ecological Impacts

Land Use & Ecological
Impacts

FB-MP-160a.3

Animal protein production from concentrated animal feeding operations(CAFOs)Metric tons (t)✔

✔

Food &
Beverage

Meat, Poultry & Dairy

Social Capital

Product Quality & Safety

Food Safety

FB-MP-250a.1

Global Food Safety Initiative (GFSI) audit (1) non-conformance rateand (2) associated corrective action rate for (a) major and (b) minor
non-conformances

Rate

Food &
Beverage

Meat, Poultry & Dairy

Social Capital

Product Quality & Safety

Food Safety

FB-MP-250a.2

Percentage of supplier facilities certified to a Global Food Safety
Initiative (GFSI) food safety certification program

Percentage (%)

Food &
Beverage

Meat, Poultry & Dairy

Social Capital

Product Quality & Safety

Food Safety

FB-MP-250a.3(1) Number of recalls issued and (2) total weight of products recalled

Number, Metrictons (t)

✔

✔

✔

✔

Disclosure Information Category

KPIs

✔

Strategies andpractices

Recognition of ESG
risks and opportunities

Identification ofmateriality

GovernanceCommunication withstakehoders

Massage from director
and/or management

Business model

Summary oforganization or business

Environment

✔

✔

✔

✔

✔

✔

✔

✔

✔

✔

✔

✔

✔

✔

✔

1
List of Disclosure Items and Indicators of ESG InformationDisclosure Frameworks/Standards and Classification Results

List of Disclosure Items and Indicators of ESG InformationDisclosure Frameworks/Standards and Classification Results

154✔

Percentage (%)

List of Accounting Metics of SASB Standards

1✔

streamAppendix

Beverage

✔

✔

✔

155

Beverage

Management
Meat, Poultry & Dairy

Environment

Water & Wastewater
Management

Water Management

FB-MP-140a.3

Number of incidents of non-compliance with water quality permits,standards, and regulations

NumberFood &
Beverage

Meat, Poultry & Dairy

Environment

Ecological Impacts

Land Use & Ecological
Impacts

FB-MP-160a.1

Amount of animal litter and manure generated, percentage managed
according to a nutrient management plan

List
Meticsof SASB Standards
Meat, Poultry& Dairy
Environment
Foodof& Accounting

Ecological Impacts

Land Use & Ecological
Impacts

FB-MP-160a.2

✔

✔

✔

Metric tons (t),Percentage (%)✔

✔

Percentage of pasture and grazing land managed to Natural Resources
Conservation Service (NRCS) conservation plan criteria

Percentage (%)
by hectares✔

✔
Disclosure Information Category
KPIs

Strategies andpractices

Recognition of ESG
risks and opportunities

Identification ofmateriality

GovernanceCommunication withstakehoders

Massage from director
and/or management

Business model

Summary oforganization or business

Environment

Food &
Beverage

Meat, Poultry & Dairy

Environment

Ecological Impacts

Land Use & Ecological
Impacts

FB-MP-160a.3

Animal protein production from concentrated animal feeding operations(CAFOs)Metric tons (t)FoodSector&
Beverage

Meat, Poultry& Dairy
Industry

SocialESGCapital
Issue Category

Product Quality& Safety
ESG Issue

Food Disclosure
SafetyTopic

FB-MP-250a.1
ID

Global Food Safety InitiativeAccounting(GFSI) audit(1) non-conformance ratemeticand (2) associated corrective action rate for (a) major and (b) minor
non-conformances

Rateof measure
Unit

Food &
Beverage

Meat, Poultry & Dairy

Social Capital

Product Quality & Safety

Food Safety

FB-MP-250a.2

Percentage of supplier facilities certified to a Global Food Safety
Initiative (GFSI) food safety certification program

Percentage (%)

Food &
Beverage

Meat, Poultry & Dairy

Social Capital

Product Quality & Safety

Food Safety

FB-MP-250a.3(1) Number of recalls issued and (2) total weight of products recalled

Number, Metrictons (t)Food &
Beverage

Meat, Poultry & Dairy

Social Capital

Product Quality & Safety

Food Safety

FB-MP-250a.4

Discussion of markets that ban imports of the entity’s products

n/aFood &
Beverage

Meat, Poultry & Dairy

Social Capital

Customer Welfare

Antibiotic Use in Animal
Production

FB-MP-260a.1

Percentage of animal production that received (1) medically important
antibiotics and (2) not medically important antibiotics, by animal type

Percentage (%)
by weight✔

Food &
Beverage

Meat, Poultry & Dairy

Human Capital

Employee Health & Safety

Workforce Health & Safety

FB-MP-320a.1(1) Total recordable incident rate (TRIR) and (2) fatality rate

Rate

✔

Food &
Beverage

Meat, Poultry & Dairy

Human Capital

Employee Health & Safety

Workforce Health & Safety

FB-MP-320a.2

Description of efforts to assess, monitor, and mitigate acute andchronic respiratory health conditions

n/aFood &
Beverage

Meat, Poultry & Dairy

Business Model &Innovation

Product Design & Lifecycle
Management

Animal Care & Welfare

FB-MP-410a.1

Percentage of pork produced without the use of gestation crates

Percentage (%)
by weight

Food &
Beverage

Meat, Poultry & Dairy

Business Model &Innovation

Product Design & Lifecycle
Management

Animal Care & Welfare

FB-MP-410a.2

Percentage of cage-free shell egg sales

Percentage (%)

Food &
Beverage

Meat, Poultry & Dairy

Business Model &Innovation

Product Design & Lifecycle
Management

Animal Care & Welfare

FB-MP-410a.3

Percentage of production certified to a third-party animal welfare
standard

Percentage (%)
by weight

Food &
Beverage

Meat, Poultry & Dairy

Business Model &Innovation

Supply Chain Management

Environmental & Social
Impacts of Animal Supply
Chain

FB-MP-430a.1

Percentage of livestock from suppliers implementing the Natural
Resources Conservation Service (NRCS) conservation plan criteria orthe equivalent

Percentage (%)
by weight

Food &
Beverage

Meat, Poultry & Dairy

Business Model &Innovation

Supply Chain Management

Environmental & Social
Impacts of Animal Supply
Chain

FB-MP-430a.2

Percentage of supplier and contract production facilities verified tomeet animal welfare standards

Percentage (%)

Food &
Beverage

Meat, Poultry & Dairy

Business Model &Innovation

Materials Sourcing &Efficiency

Animal & Feed Sourcing

FB-MP-440a.1

Percentage of animal feed sourced from regions with High or ExtremelyHigh Baseline Water Stress

Percentage (%)
by weight✔

✔

Food &
Beverage

Meat, Poultry & Dairy

Business Model &Innovation

Materials Sourcing &Efficiency

Animal & Feed Sourcing

FB-MP-440a.2

Percentage of contracts with producers located in regions with High orExtremely High Baseline Water Stress

Percentage (%)
by contract value✔

✔

Food &
Beverage

Meat, Poultry & Dairy

Business Model &Innovation

Materials Sourcing &Efficiency

Animal & Feed Sourcing

FB-MP-440a.3

Discussion of strategy to manage opportunities and risks to feedsourcing and livestock supply presented by climate changen/aFood &
Beverage

Non-Alcoholic Beverages

Environment

GHG Emissions

Fleet Fuel Management

FB-NB-110a.1

Fleet fuel consumed, percentage renewable

Gigajoules (GJ),
Percentage (%)✔

✔

Food &
Beverage

Non-Alcoholic Beverages

Environment

Energy Management

Energy Management

FB-NB-130a.1(1) Operational energy consumed, (2) percentage grid electricity, (3)percentage renewable

Gigajoules (GJ),
Percentage (%)✔

✔

Food &
Beverage

Non-Alcoholic Beverages

Environment

Water & Wastewater
Management

Water Management

FB-NB-140a.1(1) Total water withdrawn, (2) total water consumed, percentage ofeach in regions with High or Extremely High Baseline Water StressThousand cubic
meters (m³),
Percentage (%)✔

✔

Food &
Beverage

Non-Alcoholic Beverages

Environment

Water & Wastewater
Management

Water Management

FB-NB-140a.2

Description of water management risks and discussion of strategies
and practices to mitigate those risks

n/aFood &
Beverage

Non-Alcoholic Beverages

Social Capital

Customer Welfare

Health & Nutrition

FB-NB-260a.1

Revenue from (1) zero- and low-calorie, (2) no-added-sugar, and (3)artificially sweetened beverages

Reportingcurrency

Food &
Beverage

Non-Alcoholic Beverages

Social Capital

Customer Welfare

Health & Nutrition

FB-NB-260a.2

Discussion of the process to identify and manage products and ingredients related to nutritional and health concerns among consumers

n/aFood &
Beverage

Non-Alcoholic Beverages

Social Capital

Selling Practices &Product Labeling

Product Labeling &Marketing

FB-NB-270a.1

Percentage of advertising impressions (1) made on children and (2)made on children promoting products that meet dietary guidelines

Percentage (%)

Food &
Beverage

Non-Alcoholic Beverages

Social Capital

Selling Practices &Product Labeling

Product Labeling &Marketing

FB-NB-270a.2

Revenue from products labeled as (1) containing genetically modified
organisms (GMOs) and (2) non-GMO

Reportingcurrency

Food &
Beverage

Non-Alcoholic Beverages

Social Capital

Selling Practices &Product Labeling

Product Labeling &Marketing

FB-NB-270a.3

Number of incidents of non-compliance with industry or regulatorylabeling and/or marketing codes

NumberFood &
Beverage

Non-Alcoholic Beverages

Social Capital

Selling Practices &Product Labeling

Product Labeling &Marketing

FB-NB-270a.4

Total amount of monetary losses as a result of legal proceedings
associated with marketing and/or labeling practices

Reportingcurrency

Food &
Beverage

Non-Alcoholic Beverages

Business Model &Innovation

Product Design & Lifecycle
Management

Packaging Lifecycle
Management

FB-NB-410a.1(1) Total weight of packaging, (2) percentage made from recycled and/or renewable materials, and (3) percentage that is recyclable, reusable,
and/or compostable

Metric tons (t),Percentage (%)

✔

✔

✔

✔

✔

✔

1
✔

✔

✔

✔

✔

✔

✔

✔

✔

✔

✔

✔

✔

✔

✔

✔

✔

✔

List of Disclosure Items and Indicators of ESG InformationDisclosure Frameworks/Standards and Classification Results

List of Disclosure Items and Indicators of ESG InformationDisclosure Frameworks/Standards and Classification Results

156✔

Appendix

Food &
Beverage

Beverage1✔

and practices to mitigate those risks

✔

✔

✔

✔

157

Beverage

Management✔

Non-Alcoholic Beverages

Social Capital

Customer Welfare

Health & Nutrition

FB-NB-260a.1

Revenue from (1) zero- and low-calorie, (2) no-added-sugar, and (3)artificially sweetened beverages

Reportingcurrency

Food &
Beverage

Non-Alcoholic Beverages

Social Capital

Customer Welfare

Health & Nutrition

FB-NB-260a.2

Discussion of the process to identify and manage products and ingredients related to nutritional and health concerns among consumers

n/aFood &
Beverage

Non-Alcoholic Beverages

Social Capital

Selling Practices &Product Labeling

Product Labeling &Marketing

FB-NB-270a.1

Percentage of advertising impressions (1) made on children and (2)made on children promoting products that meet dietary guidelines

Percentage (%)

Food &
Beverage

Non-Alcoholic Beverages

Social Capital

Selling Practices &Product Labeling

Product Labeling &Marketing

FB-NB-270a.2

Revenue from products labeled as (1) containing genetically modified
organisms (GMOs) and (2) non-GMO

Reportingcurrency

SectorFood &
Beverage

Industry
Non-Alcoholic Beverages

ESG Issue Category
Social Capital

ESG Issue
Selling Practices &Product Labeling

Disclosure Topic
Product Labeling &MarketingID
FB-NB-270a.3

Accounting metic
Number of incidents of non-compliance with industry or regulatorylabeling and/or marketing codes

Unit of measure
NumberFood &
Beverage

Non-Alcoholic Beverages

Social Capital

Selling Practices &Product Labeling

Product Labeling &Marketing

FB-NB-270a.4

Total amount of monetary losses as a result of legal proceedings
associated with marketing and/or labeling practices

Reportingcurrency

Food &
Beverage

Non-Alcoholic Beverages

Business Model &Innovation

Product Design & Lifecycle
Management

Packaging Lifecycle
Management

FB-NB-410a.1(1) Total weight of packaging, (2) percentage made from recycled and/or renewable materials, and (3) percentage that is recyclable, reusable,
and/or compostable

Metric tons (t),Percentage (%)✔

Food &
Beverage

Non-Alcoholic Beverages

Business Model &Innovation

Product Design & Lifecycle
Management

Packaging Lifecycle
Management

FB-NB-410a.2

Discussion of strategies to reduce the environmental impact of
packaging throughout its lifecycle

n/a✔

Food &
Beverage

Non-Alcoholic Beverages

Business Model &Innovation

Supply Chain Management

Environmental & Social
Impacts of Ingredient
Supply ChainFB-NB-430a.1

Suppliers’ social and environmental responsibility audit (1) non-conformance rate and (2) associated corrective action rate for (a) major and(b) minor non-conformances

Rate

Food &
Beverage

Non-Alcoholic Beverages

Business Model &Innovation

Materials Sourcing &Efficiency

Ingredient Sourcing

FB-NB-440a.1

Percentage of beverage ingredients sourced from regions with High orExtremely High Baseline Water Stress

Percentage (%)
by costFood &
Beverage

Non-Alcoholic Beverages

Business Model &Innovation

Materials Sourcing &Efficiency

Ingredient Sourcing

FB-NB-440a.2

List of priority beverage ingredients and description of sourcing risks
due to environmental and social considerations

n/aFood &
Beverage

Processed Foods

Environment

Energy Management

Energy Management

FB-PF-130a.1(1) Total energy consumed, (2) percentage grid electricity, (3)percentage renewable

Gigajoules (GJ),
Percentage (%)✔

✔

Food &
Beverage

Processed Foods

Environment

Water & Wastewater
Management

Water Management

FB-PF-140a.1(1) Total water withdrawn, (2) total water consumed, percentage ofeach in regions with High or Extremely High Baseline Water StressThousand cubic
meters (m³),
Percentage (%)✔

✔

Food &
Beverage

Processed Foods

Environment

Water & Wastewater
Management

Water Management

FB-PF-140a.2

Number of incidents of non-compliance associated with water quantity
and/or quality permits, standards, and regulations

Number✔

✔

Food &
Beverage

Processed Foods

Environment

Water & Wastewater
Management

Water Management

FB-PF-140a.3

Description of water management risks and discussion of strategies
and practices to mitigate those risks

n/a✔

Food &
Beverage

Processed Foods

Social Capital

Product Quality & Safety

Food Safety

FB-PF-250a.1

Global Food Safety Initiative (GFSI) audit (1) non-conformance rateand (2) associated corrective action rate for (a) major and (b) minor
non-conformances

Rate

Food &
Beverage

Processed Foods

Percentage of ingredients sourced from Tier 1 supplier facilities
certified to a Global Food Safety Initiative (GFSI) recognized foodsafety certification program

Percentage (%)
by costFood &
Beverage

Processed Foods

Social Capital

Product Quality & Safety

Food Safety

FB-PF-250a.3(1) Total number of notices of food safety violation received, (2)percentage corrected

Number,
Percentage (%)✔

Food &
Beverage

Processed Foods

Social Capital

Product Quality & Safety

Food Safety

FB-PF-250a.4(1) Number of recalls issued and (2) total amount of food productrecalled

Number, Metrictons (t)✔

Food &
Beverage

Processed Foods

Social Capital

Customer Welfare

Health & Nutrition

FB-PF-260a.1

Revenue from products labeled and/or marketed to promote health andnutrition attributes

Reportingcurrency✔

Food &
Beverage

Processed Foods

Social Capital

Customer Welfare

Health & Nutrition

FB-PF-260a.2

Discussion of the process to identify and manage products and ingredients related to nutritional and health concerns among consumers

n/aFood &
Beverage

Processed Foods

Social Capital

Selling Practices &Product Labeling

Product Labeling &Marketing

FB-PF-270a.1

Percentage of advertising impressions (1) made on children and (2)made on children promoting products that meet dietary guidelines

Percentage (%)

Food &
Beverage

Processed Foods

Social Capital

Selling Practices &Product Labeling

Product Labeling &Marketing

FB-PF-270a.2

Revenue from products labeled as (1) containing genetically modified
organisms (GMOs) and (2) non-GMO

Reportingcurrency

Food &
Beverage

Processed Foods

Social Capital

Selling Practices &Product Labeling

Product Labeling &Marketing

FB-PF-270a.3

Number of incidents of non-compliance with industry or regulatorylabeling and/or marketing codes

NumberFood &
Beverage

Processed Foods

Social Capital

Selling Practices &Product Labeling

Product Labeling &Marketing

FB-PF-270a.4

Total amount of monetary losses as a result of legal proceedings
associated with labeling and/or marketing practices

Reportingcurrency

Food &
Beverage

Processed Foods

Business Model &Innovation

Product Design & Lifecycle
Management

Packaging Lifecycle
Management

FB-PF-410a.1(1) Total weight of packaging, (2) percentage made from recycled and/or renewable materials, and (3) percentage that is recyclable, reusable,
and/or compostable

Metric tons (t),Percentage (%)✔

Food &
Beverage

Processed Foods

Business Model &Innovation

Product Design & Lifecycle
Management

Packaging Lifecycle
Management

FB-PF-410a.2

Discussion of strategies to reduce the environmental impact of
packaging throughout its lifecycle

n/a✔

Food &
Beverage

Processed Foods

Business Model &Innovation

Supply Chain Management

Environmental & Social
Impacts of Ingredient
Supply Chain

FB-PF-430a.1

Percentage of food ingredients sourced that are certified to third-party
environmental and/or social standards, and percentages by standard

Percentage (%)
by cost

✔

KPIs
✔

✔

✔

✔

✔

✔

✔

✔

✔

✔

✔

✔

✔

✔

✔

✔

✔

✔

✔

✔

✔

1
List of Disclosure Items and Indicators of ESG InformationDisclosure Frameworks/Standards and Classification Results✔

Appendix✔
Strategies andpractices

Recognition of ESG
risks and opportunities

Identification ofmateriality

GovernanceCommunication withstakehoders

FB-PF-250a.2

Massage from director
and/or management

Food Safety✔

Disclosure Information Category
Business model

Product Quality & Safety✔

Summary oforganization or businessSocial Capital✔

Environment

List of Disclosure Items and Indicators of ESG InformationDisclosure Frameworks/Standards and Classification Results

158✔

Food &
Beverage

List of Accounting Metics of SASB Standards

1✔

and practices to mitigate those risks

✔

✔

159

Disclosure Information Category
KPIs

Rate

Strategies andpractices

Suppliers’ social and environmental responsibility audit (1) non-conformance rate and (2) associated corrective action rate for (a) major and(b) minor non-conformances

Recognition of ESG
risks and opportunities

Unit of measure

Identification ofmateriality

Accounting metic

GovernanceID

Communication withstakehoders

Food &
Beverage

Disclosure Topic

Massage from director
and/or management

Processed Foods

ESG Issue

Business model

Food &
Beverage

ESG Issue Category

Summary oforganization or businessBusiness Model &Innovation

Supply Chain Management

Environmental & Social
Impacts of Ingredient
Supply Chain

FB-PF-430a.2

Processed Foods

Business Model &Innovation

Materials Sourcing &Efficiency

Ingredient Sourcing

FB-PF-440a.1

Percentage of food ingredients sourced from regions with High orExtremely High Baseline Water Stress

Percentage (%)
by costFood &
Beverage

Processed Foods

Business Model &Innovation

Materials Sourcing &Efficiency

Ingredient Sourcing

FB-PF-440a.2

List of priority food ingredients and discussion of sourcing risks due toenvironmental and social considerations

n/aFood &
Beverage

Restaurants

Environment

Energy Management

Energy Management

FB-RN-130a.1(1) Total energy consumed, (2) percentage grid electricity, (3)percentage renewable

Gigajoules (GJ),
Percentage (%)✔

✔

Food &
Beverage

Restaurants

Environment

Water & Wastewater
Management

Water Management

FB-RN-140a.1(1) Total water withdrawn, (2) total water consumed, percentage ofeach in regions with High or Extremely High Baseline Water StressThousand cubic
meters (m³),
Percentage (%)✔

✔

Food &
Beverage

Restaurants

Environment

Waste & Hazardous
Materials Management

Food & Packaging Waste
Management

FB-RN-150a.1(1) Total amount of waste, (2) percentage food waste, and (3)percentage diverted

Metric tons (t),Percentage (%)✔

✔

Food &
Beverage

Restaurants

Environment

Waste & Hazardous
Materials Management

Food & Packaging Waste
Management

FB-RN-150a.2(1) Total weight of packaging, (2) percentage made from recycled and/or renewable materials, and (3) percentage that is recyclable, reusable,
and/or compostable

Metric tons (t),Percentage (%)✔

✔

Food &
Beverage

Restaurants

Social Capital

Product Quality & Safety

Food Safety

FB-RN-250a.1(1) Percentage of restaurants inspected by a food safety oversight
body, (2) percentage receiving critical violations

Percentage (%)

Food &
Beverage

Restaurants

Social Capital

Product Quality & Safety

Food Safety

FB-RN-250a.2(1) Number of recalls issued and (2) total amount of food productrecalled

Number, Metrictons (t)Food &
Beverage

Restaurants

Social Capital

Product Quality & Safety

Food Safety

FB-RN-250a.3

Number of confirmed foodborne illness outbreaks, percentage
resulting in U.S. Centers for Disease Control and Prevention (CDC)
investigation

Number,
Percentage (%)

Food &
Beverage

Restaurants(1) Percentage of meal options consistent with national dietaryguidelines and (2) revenue from these options

Percentage(%), Reporting
currency✔

Food &
Beverage

Restaurants(1) Percentage of children’s meal options consistent with national
dietary guidelines for children and (2) revenue from these options

Percentage(%), Reporting
currency✔

Food &
Beverage

Restaurants

Social Capital

Customer Welfare

Nutritional Content

FB-RN-260a.3

Number of advertising impressions made on children, percentage
promoting products that meet national dietary guidelines for children

Number,
Percentage (%)✔

Food &
Beverage

Restaurants

Human Capital

Labor Practices

Labor Practices

FB-RN-310a.1(1) Voluntary and (2) involuntary turnover rate for restaurant employees

Rate

✔

Food &
Beverage

Restaurants

Human Capital

Labor Practices

Labor Practices

FB-RN-310a.2(1) Average hourly wage, by region and (2) percentage of restaurant
employees earning minimum wage, by region

Reportingcurrency,
Percentage (%)✔

Food &
Beverage

Restaurants

Human Capital

Labor Practices

Labor Practices

FB-RN-310a.3

Total amount of monetary losses as a result of legal proceedings associated with (1) labor law violations and (2) employment discrimination

Reportingcurrency✔

Food &
Beverage

Restaurants

Business Model &Innovation

Supply Chain Management

Supply Chain Management & Food Sourcing

FB-RN-430a.1

Percentage of food purchased that (1) meets environmental and social
sourcing standards and (2) is certified to third-party environmental
and/or social standards

Percentage (%)
by costFood &
Beverage

Restaurants

Business Model &Innovation

Supply Chain Management

Supply Chain Management & Food Sourcing

FB-RN-430a.2

Percentage of (1) eggs that originated from a cage-free environmentand (2) pork that was produced without the use of gestation crates

Percentage(%) by number,
Percentage (%)
by weight

Food &
Beverage

Restaurants

Business Model &Innovation

Supply Chain Management

Supply Chain Management & Food Sourcing

FB-RN-430a.3

Discussion of strategy to manage environmental and social risks within
the supply chain, including animal welfare

n/aFood &
Beverage

TobaccoSocial Capital

Customer Welfare

Public Health

FB-TB-260a.1(1) Gross revenue and (2) revenue net of excise taxes from (a)non-tobacco nicotine products and (b) heated tobacco products

Reportingcurrency

Food &
Beverage

TobaccoSocial Capital

Customer Welfare

Public Health

FB-TB-260a.2

Discussion of the process to assess risks and opportunities associatedwith "tobacco harm reduction" products

n/aFood &
Beverage

TobaccoSocial Capital

Selling Practices &Product LabelingMarketing Practices

FB-TB-270a.1

Total amount of monetary losses as a result of legal proceedings
associated with marketing, labeling, and/or advertising practices

Reportingcurrency

Social CapitalSocial Capital

Customer Welfare

Customer Welfare

Nutritional Content

Nutritional Content

FB-RN-260a.1

FB-RN-260a.2

✔

✔

✔

✔

✔

✔

✔

✔

✔

✔

✔

✔

✔

✔

1
List of Disclosure Items and Indicators of ESG InformationDisclosure Frameworks/Standards and Classification Results

List of Disclosure Items and Indicators of ESG InformationDisclosure Frameworks/Standards and Classification Results

160

Industry

Environment

1

SectorAppendix

List of Accounting Metics of SASB Standards

✔

✔

✔

161

Restaurants

Human Capital

Labor Practices

Labor Practices

FB-RN-310a.3

Total amount of monetary losses as a result of legal proceedings associated with (1) labor law violations and (2) employment discrimination

Reportingcurrency

Food &
Beverage

Restaurants

Business Model &Innovation

Supply Chain Management

Supply Chain Management & Food Sourcing

FB-RN-430a.1

Percentage of food purchased that (1) meets environmental and social
sourcing standards and (2) is certified to third-party environmental
and/or social standards

Percentage (%)
by costFood &

Restaurants

Business Model &Supply Chain Management

Supply Chain Management & Food Sourcing

FB-RN-430a.2

Percentage of (1) eggs that originated from a cage-free environmentand (2) pork that was produced without the use of gestation crates

Percentage(%) by number,
Percentage (%)
by weight

Beverage
Listof Accounting Metics of SASB Standards
Innovation

Disclosure Topic
Public HealthID
FB-TB-260a.1

Accounting metic(1) Gross revenue and (2) revenue net of excise taxes from (a)non-tobacco nicotine products and (b) heated tobacco products

Unit of measure
Reportingcurrency✔

KPIs

ESG Issue
Customer Welfare

Strategies andpractices

ESG Issue Category
Social Capital✔

Recognition of ESG
risks and opportunities

n/a

Identification ofmateriality

Discussion of strategy to manage environmental and social risks within
the supply chain, including animal welfare

Governance

FB-RN-430a.3

Communication withstakehoders

Supply Chain Management & Food Sourcing

Massage from director
and/or management✔

Food &
Beverage

TobaccoSocial Capital

Customer Welfare

Public Health

FB-TB-260a.2

Discussion of the process to assess risks and opportunities associatedwith "tobacco harm reduction" products

n/aFood &
Beverage

TobaccoSocial Capital

Selling Practices &Product LabelingMarketing Practices

FB-TB-270a.1

Total amount of monetary losses as a result of legal proceedings
associated with marketing, labeling, and/or advertising practices

Reportingcurrency

Food &
Beverage

TobaccoSocial Capital

Selling Practices &Product LabelingMarketing Practices

FB-TB-270a.2

Description of the company’s marketing policy and relevant positions
on Articles 11 and 13 of the World Health Organization Framework
Convention on Tobacco Control (WHO FCTC)n/a

Financials

Asset Management &Custody Activities

Social Capital

Selling Practices &Product LabelingTransparent Information &Fair Advice for Customers

FN-AC-270a.1(1) Number and (2) percentage of covered employees with a recordof investment-related investigations, consumer-initiated complaints,
private civil litigations, or other regulatory proceedings

Number,
Percentage (%)✔

Financials

Asset Management &Custody Activities

Social Capital

Selling Practices &Product LabelingTransparent Information &Fair Advice for Customers

FN-AC-270a.2

Total amount of monetary losses as a result of legal proceedings
associated with marketing and communication of financial product-related information to new and returning customers

Reportingcurrency✔

Financials

Asset Management &Custody Activities

Social Capital

Selling Practices &Product LabelingTransparent Information &Fair Advice for Customers

FN-AC-270a.3

Description of approach to informing customers about products andservicesn/aFinancials

Asset Management &Custody Activities

Human Capital

Employee Engagement,
Diversity & Inclusion

Employee Diversity &Inclusion

FN-AC-330a.1

Percentage of gender and racial/ethnic group representation for (1)executive management, (2) non-executive management, (3) professionals, and (4) all other employees

Percentage (%)

Financials

Asset Management &Custody Activities

Business Model &Innovation

Product Design & Lifecycle
Management

Incorporation ofEnvironmental, Social, andGovernance Factors in
Investment Management &Advisory

FN-AC-410a.1

Amount of assets under management, by asset class, that employ (1)integration of environmental, social, and governance (ESG) issues, (2)sustainability themed investing, and (3) screening

Reportingcurrency

Incorporation ofEnvironmental, Social, andGovernance Factors in
Investment Management &Advisory

FN-AC-410a.2

Description of approach to incorporation of environmental, social, andgovernance (ESG) factors in investment and/or wealth management
processes and strategies

n/aIncorporation ofEnvironmental, Social, andGovernance Factors in
Investment Management &Advisory

FN-AC-410a.3

Description of proxy voting and investee engagement policies andproceduresn/aBusiness Ethics

FN-AC-510a.1

Financials

Financials

Asset Management &Custody Activities

Asset Management &Custody Activities

Business Model &Innovation

Business Model &Innovation

Product Design & Lifecycle
Management

Product Design & Lifecycle
Management

Asset Management &Custody Activities

Leadership & Governance

Financials

Asset Management &Custody Activities

Leadership & GovernanceBusiness Ethics

Business Ethics

Financials

Asset Management &Custody Activities

Leadership & Governance

Systemic Risk Management

Financials

Asset Management &Custody Activities

Leadership & Governance

Financials

Asset Management &Custody Activities

Financials

✔

✔

✔

✔

✔

✔

✔

✔

✔

✔

✔

Total amount of monetary losses as a result of legal proceedings
associated with fraud, insider trading, anti-trust, anti-competitive
behavior, market manipulation, malpractice, or other related financial
industry laws or regulations

Reportingcurrency

FN-AC-510a.2

Description of whistleblower policies and proceduresn/aSystemic Risk Management

FN-AC-550a.1

Percentage of open-end fund assets under management by categoryof liquidity classification

Percentage (%)

Systemic Risk Management

Systemic Risk Management

FN-AC-550a.2

Description of approach to incorporation of liquidity risk management
programs into portfolio strategy and redemption risk managementn/a

Leadership & Governance

Systemic Risk Management

Systemic Risk Management

FN-AC-550a.3

Total exposure to securities financing transactions

Reportingcurrency✔

Asset Management &Custody Activities

Leadership & Governance

Systemic Risk Management

Systemic Risk Management

FN-AC-550a.4

Net exposure to written credit derivatives

Reportingcurrency✔

Financials

Commercial Banks

Social Capital

Data Security

Data Security

FN-CB-230a.1(1) Number of data breaches, (2) percentage involving personallyidentifiable information (PII), (3) number of account holders affected

Number,
Percentage (%)✔

Financials

Commercial Banks

Social Capital

Data Security

Data Security

FN-CB-230a.2

Description of approach to identifying and addressing data security
risks

n/a

Financials

Commercial Banks

Social Capital

Access & Affordability

Financial Inclusion &Capacity Building

FN-CB-240a.1(1) Number and (2) amount of loans outstanding qualified to programs
designed to promote small business and community development

Number,Reportingcurrency✔

Financials

Commercial Banks

Financial Inclusion &Capacity Building

FN-CB-240a.2(1) Number and (2) amount of past due and nonaccrual loans qualified
to programs designed to promote small business and community
development

Number,Reportingcurrency✔

Financials

Commercial Banks

Financial Inclusion &Capacity Building

FN-CB-240a.3

Number of no-cost retail checking accounts provided to previously
unbanked or underbanked customers

NumberFinancials

Social CapitalSocial CapitalBusiness Ethics✔

Access & Affordability

Access & Affordability

✔

✔

✔

✔

✔

✔

✔

1
List of Disclosure Items and Indicators of ESG InformationDisclosure Frameworks/Standards and Classification Results

List of Disclosure Items and Indicators of ESG InformationDisclosure Frameworks/Standards and Classification Results

162

Industry

Supply Chain Management✔
Disclosure Information Category
Business model1

TobaccoBusiness Model &Innovation✔

Summary oforganization or business

SectorFood &
Beverage

Restaurants✔

Environment

Food &
Beverage✔

Appendix

Food &
Beverage163

Systemic Risk Management

FN-AC-550a.3

Total exposure to securities financing transactions

Reportingcurrency✔

Financials

Asset Management &Custody Activities

Leadership & Governance

Systemic Risk Management

Systemic Risk Management

FN-AC-550a.4

Net exposure to written credit derivatives

Reportingcurrency✔

Financials

Commercial Banks

Social Capital

Data Security

Data Security

FN-CB-230a.1(1) Number of data breaches, (2) percentage involving personallyidentifiable information (PII), (3) number of account holders affected

Number,
Percentage (%)✔

Financials

Commercial Banks

Social Capital

Data Security

Data Security

FN-CB-230a.2

Description of approach to identifying and addressing data security
risks

n/a

Financials
SectorCommercial Banks
Industry

Social Capital
ESG Issue Category

Access & Affordability
ESG Issue

Financial Inclusion &Capacity
Building
Disclosure
Topic

FN-CB-240a.1
ID(1) Number and (2) amount of loans outstanding qualified to programs
designed to promote small business
andcommunity development
Accounting
metic

Number,ReportingUnitof measure
currency

Financials

Commercial Banks

Social Capital

Access & Affordability

Financial Inclusion &Capacity Building

FN-CB-240a.2(1) Number and (2) amount of past due and nonaccrual loans qualified
to programs designed to promote small business and community
development

Number,Reportingcurrency

Financials

Commercial Banks

Social Capital

Access & Affordability

Financial Inclusion &Capacity Building

FN-CB-240a.3

Number of no-cost retail checking accounts provided to previously
unbanked or underbanked customers

Number✔

Financials

Commercial Banks

Social Capital

Access & Affordability

Financial Inclusion &Capacity Building

FN-CB-240a.4

Number of participants in financial literacy initiatives for unbanked,
underbanked, or underserved customers

Number✔

Financials

Commercial BanksBusiness Model &Innovation

Product Design & Lifecycle
Management

Incorporation ofEnvironmental, Social, andGovernance Factors in
Credit Analysis

FN-CB-410a.1

Commercial and industrial credit exposure, by industry

Reportingcurrency

Business Model &Innovation

Product Design & Lifecycle
Management

Incorporation ofEnvironmental, Social, andGovernance Factors in
Credit Analysis

FN-CB-410a.2

Leadership & GovernanceBusiness Ethics

Business Ethics

FN-CB-510a.1

List of Accounting Metics of SASB Standards✔

Strategies andpractices

✔

✔

✔

✔

1
✔

✔

✔

✔

Financials

Commercial Banks

Leadership & GovernanceBusiness Ethics

Business Ethics

FN-CB-510a.2

Description of whistleblower policies and proceduresn/aFinancials

Commercial Banks

Leadership & Governance

Systemic Risk Management

Systemic Risk Management

FN-CB-550a.1

Global Systemically Important Bank (G-SIB) score, by category

Basis points(bps)

Financials

Commercial Banks

Leadership & Governance

Systemic Risk Management

Systemic Risk Management

FN-CB-550a.2

Description of approach to incorporation of results of mandatory
and voluntary stress tests into capital adequacy planning, long-term
corporate strategy, and other business activities

n/aFinancials

Consumer FinanceSocial Capital

Customer Privacy

Customer Privacy

FN-CF-220a.1

Number of account holders whose information is used for secondary
purposes

NumberFinancials

Consumer FinanceSocial Capital

Customer Privacy

Customer Privacy

FN-CF-220a.2

Total amount of monetary losses as a result of legal proceedings
associated with customer privacy

Reportingcurrency✔

Financials

Consumer FinanceSocial Capital

Data Security

Data Security

FN-CF-230a.1(1) Number of data breaches, (2) percentage involving personallyidentifiable information (PII), (3) number of account holders affected

Number,
Percentage (%)✔

Financials

Consumer FinanceSocial Capital

Data Security

Data Security

FN-CF-230a.2

Card-related fraud losses from (1) card-not-present fraud and (2)card-present and other fraud

Reportingcurrency✔

Financials

Consumer FinanceSocial Capital

Data Security

Data Security

FN-CF-230a.3

Description of approach to identifying and addressing data security
risks

n/a

Financials

Consumer FinanceSocial Capital

Selling Practices &Product Labeling

Selling Practices

FN-CF-270a.1

Percentage of total remuneration for covered employees that is variable
and linked to the amount of products and services sold

Percentage (%)✔

Financials

Consumer FinanceSocial Capital

Selling Practices &Product Labeling

Selling Practices

FN-CF-270a.2

Approval rate for (1) credit and (2) pre-paid products for applicantswith FICO scores above and below 660

Percentage (%)✔

Financials

Consumer FinanceSocial Capital

Selling Practices &Product Labeling

Selling Practices

FN-CF-270a.3(1) Average fees from add-on products, (2) average APR, (3) averageage of accounts, (4) average number of trade lines, and (5) averageannual fees for pre-paid products, for customers with FICO scores
above and below 660

Reportingcurrency,
Percentage (%),
Months, Number,
Reportingcurrency(1) Number of complaints filed with the Consumer Financial Protection
Bureau (CFPB), (2) percentage with monetary or non-monetary relief,(3) percentage disputed by consumer, (4) percentage that resulted ininvestigation by the CFPB

Number,
Percentage (%)

Financials

Consumer FinanceSocial Capital

Selling Practices &Product Labeling

Selling Practices

FN-CF-270a.4

✔
✔

✔

✔

✔

✔

✔

✔

Financials

Consumer FinanceSocial Capital

Selling Practices &Product Labeling

Selling Practices

FN-CF-270a.5

Total amount of monetary losses as a result of legal proceedings
associated with selling and servicing of products

Reportingcurrency

Financials

Security & Commodity
Exchanges

Business Model &Innovation

Product Design & Lifecycle
Management

Promoting Transparent &Efficient Capital Markets

FN-EX-410a.1(1) Number and (2) average duration of (a) halts related to public
release of information and (b) pauses related to volatility

Number, Minutes✔

Financials

Security & Commodity
Exchanges

Business Model &Innovation

Product Design & Lifecycle
Management

Promoting Transparent &Efficient Capital Markets

FN-EX-410a.2

Percentage of trades generated from automated trading systems

Percentage (%)✔

Financials

Security & Commodity
Exchanges

Business Model &Innovation

Product Design & Lifecycle
Management

Promoting Transparent &Efficient Capital Markets

FN-EX-410a.3

Description of alert policy regarding timing and nature of public releaseof information

n/a

✔

✔

List of Disclosure Items and Indicators of ESG InformationDisclosure Frameworks/Standards and Classification Results

Reportingcurrency

Recognition of ESG
risks and opportunities

Total amount of monetary losses as a result of legal proceedings
associated with fraud, insider trading, anti-trust, anti-competitive
behavior, market manipulation, malpractice, or other related financial
industry laws or regulations

Identification ofmateriality

n/a

GovernanceCommercial Banks

Description of approach to incorporation of environmental, social, andgovernance (ESG) factors in credit analysis

Communication withstakehoders

Financials

Commercial Banks

Massage from director
and/or management

List of Disclosure Items and Indicators of ESG InformationDisclosure Frameworks/Standards and Classification Results

164

Financials

Business model

1

Disclosure Information Category✔

Appendix

Systemic Risk Management

KPIs

Leadership & Governance

Summary oforganization or business

Asset Management &Custody Activities

Environment

Financials165

Financials

Consumer FinanceSocial CapitalSocial Capital

List of Accounting Metics of SASB Standards

Selling Practices

FN-CF-270a.3

FN-CF-270a.4(1) Average fees from add-on products, (2) average APR, (3) averageage of accounts, (4) average number of trade lines, and (5) averageannual fees for pre-paid products, for customers with FICO scores
above and below 660

Reportingcurrency,
Percentage (%),
Months, Number,
Reportingcurrency(1) Number of complaints filed with the Consumer Financial Protection
Bureau (CFPB), (2) percentage with monetary or non-monetary relief,(3) percentage disputed by consumer, (4) percentage that resulted ininvestigation by the CFPB

Number,
Percentage (%)✔

✔
Disclosure Information Category
KPIs

Strategies andpractices

Recognition of ESG
risks and opportunities

Identification ofmateriality

GovernanceCommunication withstakehoders

Massage from director
and/or management

Business model

Summary oforganization or business

Financials

Consumer FinanceSocial Capital

Selling Practices &Product Labeling

Selling Practices

FN-CF-270a.5

Total amount of monetary losses as a result of legal proceedings
associated with selling and servicing of products

Reportingcurrency

SectorFinancials

Industry
Security & Commodity
Exchanges

ESG Issue Category
Business Model &Innovation

ESG Issue
Product Design & Lifecycle
Management

Disclosure Topic
Promoting Transparent &Efficient Capital Markets

ID
FN-EX-410a.1

Accounting metic(1) Number and (2) average duration of (a) halts related to public
release of information and (b) pauses related to volatility

Unit of measure
Number, Minutes

Financials

Security & Commodity
Exchanges

Business Model &Innovation

Product Design & Lifecycle
Management

Promoting Transparent &Efficient Capital Markets

FN-EX-410a.2

Percentage of trades generated from automated trading systems

Percentage (%)

Financials

Security & Commodity
Exchanges

Business Model &Innovation

Product Design & Lifecycle
Management

Promoting Transparent &Efficient Capital Markets

FN-EX-410a.3

Description of alert policy regarding timing and nature of public releaseof information

n/aFinancials

Security & Commodity
Exchanges

Business Model &Innovation

Product Design & Lifecycle
Management

Promoting Transparent &Efficient Capital Markets

FN-EX-410a.4

Description of policy to encourage or require listed companies topublicly disclose environmental, social, and governance (ESG)
information

n/aFinancials

Security & Commodity
Exchanges

Leadership & GovernanceBusiness Ethics

Managing Conflicts ofInterest

FN-EX-510a.1

Total amount of monetary losses as a result of legal proceedings
associated with fraud, insider trading, anti-trust, anti-competitive
behavior, market manipulation, malpractice, or other related financial
industry laws or regulations

Reportingcurrency

Financials

Security & Commodity
Exchanges

Leadership & GovernanceBusiness Ethics

Managing Conflicts ofInterest

FN-EX-510a.2

Discussion of processes for identifying and assessing conflicts ofinterest

n/aFinancials

Security & Commodity
Exchanges

Leadership & Governance

Systemic Risk Management

Managing BusinessContinuity & Technology
Risks

FN-EX-550a.1(1) Number of significant market disruptions and (2) duration of
downtime

Number, Hours(h)✔

Financials

Security & Commodity
Exchanges

Leadership & Governance

Systemic Risk Management

Managing BusinessContinuity & Technology
Risks

FN-EX-550a.2(1) Number of data breaches, (2) percentage involving personallyidentifiable information (PII), (3) number of customers affected

Number,
Percentage (%)✔

Financials

Security & Commodity
Exchanges

Leadership & Governance

Systemic Risk Management

Managing BusinessContinuity & Technology
Risks

FN-EX-550a.3

Description of efforts to prevent technology errors, security breaches,and market disruptions

n/aFinancials

Investment Banking &Brokerage

Human Capital

Employee Engagement,
Diversity & Inclusion

Employee Diversity &Inclusion

FN-IB-330a.1

Percentage of gender and racial/ethnic group representation for (1)executive management, (2) non-executive management, (3) professionals, and (4) all other employees

Percentage (%)

Financials

Investment Banking &Brokerage

Business Model &Innovation

Product Design & Lifecycle
Management

Incorporation ofEnvironmental, Social,and Governance Factors
in Investment Banking &Brokerage Activities

FN-IB-410a.1

Revenue from (1) underwriting, (2) advisory, and (3) securitizationtransactions incorporating integration of environmental, social, andgovernance (ESG) factors, by industry

Reportingcurrency

Incorporation ofEnvironmental, Social,and Governance Factors
in Investment Banking &Brokerage Activities

FN-IB-410a.2(1) Number and (2) total value of investments and loans incorporating
integration of environmental, social, and governance (ESG) factors, byindustry

Number,Reportingcurrency

Incorporation ofEnvironmental, Social,and Governance Factors
in Investment Banking &Brokerage Activities

FN-IB-410a.3

Description of approach to incorporation of environmental, social,and governance (ESG) factors in investment banking and brokerage
activities

n/aBusiness Ethics

FN-IB-510a.1

Total amount of monetary losses as a result of legal proceedings
associated with fraud, insider trading, anti-trust, anti-competitive
behavior, market manipulation, malpractice, or other related financial
industry laws or regulations

Reportingcurrency

Financials

Financials

Investment Banking &Brokerage

Investment Banking &Brokerage

Business Model &Innovation

Business Model &Innovation

Product Design & Lifecycle
Management

Product Design & Lifecycle
Management

✔

✔

✔

✔

✔

✔

1
✔

✔

✔

✔

✔

✔

✔

✔

✔

✔

Investment Banking &Brokerage

Leadership & Governance

Financials

Investment Banking &Brokerage

Leadership & GovernanceBusiness Ethics

Business Ethics

FN-IB-510a.2

Description of whistleblower policies and proceduresn/aFinancials

Investment Banking &Brokerage

Leadership & GovernanceBusiness Ethics

Professional Integrity

FN-IB-510b.1(1) Number and (2) percentage of covered employees with a recordof investment-related investigations, consumer-initiated complaints,
private civil litigations, or other regulatory proceedings

Number,
Percentage (%)✔

Financials

Investment Banking &Brokerage

Leadership & GovernanceBusiness Ethics

Professional Integrity

FN-IB-510b.2

Number of mediation and arbitration cases associated with professional integrity, including duty of care, by party

Number✔

Financials

Investment Banking &Brokerage

Leadership & GovernanceBusiness Ethics

Professional Integrity

FN-IB-510b.3

Total amount of monetary losses as a result of legal proceedings
associated with professional integrity, including duty of care

Reportingcurrency

Financials

Investment Banking &Brokerage

Leadership & GovernanceBusiness Ethics

Professional Integrity

FN-IB-510b.4

Description of approach to ensuring professional integrity, including
duty of caren/aFinancials

Investment Banking &Brokerage

Leadership & Governance

Systemic Risk Management

Systemic Risk Management

FN-IB-550a.1

Global Systemically Important Bank (G-SIB) score, by category

Basis points(bps)

Financials

Investment Banking &Brokerage

Leadership & Governance

Systemic Risk Management

Systemic Risk Management

FN-IB-550a.2

Description of approach to incorporation of results of mandatory
and voluntary stress tests into capital adequacy planning, long-term
corporate strategy, and other business activities

n/aFinancials

Business Ethics

✔

✔

✔

✔

List of Disclosure Items and Indicators of ESG InformationDisclosure Frameworks/Standards and Classification Results

List of Disclosure Items and Indicators of ESG InformationDisclosure Frameworks/Standards and Classification Results

166

Selling Practices &Product Labeling

Selling Practices

Environment

1

Selling Practices &Product Labeling

Appendix

Financials

Consumer Finance

✔

✔

✔

167

industry laws or regulations
Investment Banking &Brokerage

Leadership & GovernanceBusiness Ethics

Business Ethics

FN-IB-510a.2

Description of whistleblower policies and proceduresn/aFinancials

Investment Banking &Brokerage

Leadership & GovernanceBusiness Ethics

Professional Integrity

FN-IB-510b.1(1) Number and (2) percentage of covered employees with a recordof investment-related investigations, consumer-initiated complaints,
private civil litigations, or other regulatory proceedings

Number,
Percentage (%)✔

Financials

Investment Banking &Brokerage

Leadership & GovernanceBusiness Ethics

Professional Integrity

FN-IB-510b.2

Number of mediation and arbitration cases associated with professional integrity, including duty of care, by party

NumberFinancials

Investment Banking &Brokerage

Leadership & GovernanceBusiness Ethics

Professional Integrity

FN-IB-510b.3

Total amount of monetary losses as a result of legal proceedings
associated with professional integrity, including duty of care

Reportingcurrency

SectorFinancials

Industry
Investment Banking &Brokerage

ESG Issue Category
Leadership & Governance

ESG Issue
Business Ethics

Disclosure Topic
Professional Integrity

ID
FN-IB-510b.4

Accounting metic
Description of approach to ensuring professional integrity, including
duty of care

Unit of measuren/aFinancials

Investment Banking &Brokerage

Leadership & Governance

Systemic Risk Management

Systemic Risk Management

FN-IB-550a.1

Global Systemically Important Bank (G-SIB) score, by category

Basis points(bps)

Financials

Investment Banking &Brokerage

Leadership & Governance

Systemic Risk Management

Systemic Risk Management

FN-IB-550a.2

Description of approach to incorporation of results of mandatory
and voluntary stress tests into capital adequacy planning, long-term
corporate strategy, and other business activities

n/aFinancials

Investment Banking &Brokerage

Leadership & Governance

Systemic Risk Management

Employee Incentives &Risk Taking

FN-IB-550b.1

Percentage of total remuneration that is variable for Material Risk Takers(MRTs)

Percentage (%)✔

Financials

Investment Banking &Brokerage

Leadership & Governance

Systemic Risk Management

Employee Incentives &Risk Taking

FN-IB-550b.2

Percentage of variable remuneration of Material Risk Takers (MRTs) towhich malus or clawback provisions were applied

Percentage (%)✔

1

Financials

Investment Banking &Brokerage

Leadership & Governance

Systemic Risk Management

Employee Incentives &Risk Taking

FN-IB-550b.3

Discussion of policies around supervision, control, and validation of
traders’ pricing of Level 3 assets and liabilities

n/a

List of Disclosure Items and Indicators of ESG InformationDisclosure Frameworks/Standards and Classification Results

List of Accounting Metics of SASB Standards✔

Financials

Insurance

Social Capital

Selling Practices &Product LabelingTransparent Information &Fair Advice for Customers

FN-IN-270a.1

Total amount of monetary losses as a result of legal proceedings
associated with marketing and communication of insurance product-related information to new and returning customers

Reportingcurrency✔

Financials

Insurance

Social Capital

Selling Practices &Product LabelingTransparent Information &Fair Advice for Customers

FN-IN-270a.2

Complaints-to-claims ratio

Rate

✔

Financials

Insurance

Social Capital

Selling Practices &Product LabelingTransparent Information &Fair Advice for Customers

FN-IN-270a.3

Customer retention rate

Rate

✔

Financials

Insurance

Social Capital

Selling Practices &Product LabelingTransparent Information &Fair Advice for Customers

FN-IN-270a.4

Description of approach to informing customers about products

n/aFinancials

Insurance

Business Model &Innovation

Product Design & Lifecycle
Management

Incorporation ofEnvironmental, Social,and Governance Factors
in Investment Management

FN-IN-410a.1

Total invested assets, by industry and asset class

Reportingcurrency

Business Model &Innovation

Product Design & Lifecycle
Management

Incorporation ofEnvironmental, Social,and Governance Factors
in Investment Management

FN-IN-410a.2

Business Model &Innovation

Product Design & Lifecycle
Management

Policies Designed toIncentivize Responsible
Behavior

FN-IN-410b.1

Business Model &Innovation

Product Design & Lifecycle
Management

Policies Designed toIncentivize Responsible
Behavior

FN-IN-410b.2

KPIs

Strategies andpractices

Recognition of ESG
risks and opportunities

Environmental Risk
Exposure

FN-IN-450a.1

Probable Maximum Loss (PML) of insured products from weather-related natural catastrophes

Reportingcurrency

Financials

Insurance

Business Model &Innovation

Physical Impacts of
Climate Change

Environmental Risk
Exposure

FN-IN-450a.2

Total amount of monetary losses attributable to insurance payoutsfrom (1) modeled natural catastrophes and (2) non-modeled natural
catastrophes, by type of event and geographic segment (net and grossof reinsurance)

Reportingcurrency

Business Model &Innovation

Physical Impacts of
Climate Change

Environmental Risk
Exposure

FN-IN-450a.3

Description of approach to incorporation of environmental risks into (1)the underwriting process for individual contracts and (2) the management of firm-level risks and capital adequacyn/aLeadership & Governance

Systemic Risk Management

Systemic Risk Management

FN-IN-550a.1

Exposure to derivative instruments by category: (1) total potential
exposure to non-centrally cleared derivatives, (2) total fair value of
acceptable collateral posted with the Central Clearinghouse, and (3)total potential exposure to centrally cleared derivatives

Reportingcurrency

1

✔

✔

✔

✔

✔

✔

✔

✔

Insurance

Leadership & Governance

Systemic Risk Management

Systemic Risk Management

FN-IN-550a.2

Total fair value of securities lending collateral assets

Reportingcurrency

Financials

Insurance

Leadership & Governance

Systemic Risk Management

Systemic Risk Management

FN-IN-550a.3

Description of approach to managing capital- and liquidity-related risks
associated with systemic non-insurance activities

n/aFinancials

Mortgage FinanceSocial Capital

Selling Practices &Product Labeling

Lending Practices

FN-MF-270a.1(1) Number and (2) value of residential mortgages of the following
types: (a) Hybrid or Option Adjustable-rate Mortgages (ARM), (b)Prepayment Penalty, (c) Higher Rate, (d) Total, by FICO scores above
or below 660

Number,Reportingcurrency

Selling Practices &Product Labeling

Lending Practices(1) Number and (2) value of (a) residential mortgage modifications,(b) foreclosures, and (c) short sales or deeds in lieu of foreclosure, by
FICO scores above and below 660

Reportingcurrency

✔

✔

✔

✔

Financials

✔

✔

✔

✔

✔

✔

List of Disclosure Items and Indicators of ESG InformationDisclosure Frameworks/Standards and Classification Resultsn/aPhysical Impacts of
Climate Change

FN-MF-270a.2

Identification ofmateriality

Discussion of products and/or product features that incentivize health,safety, and/or environmentally responsible actions and/or behaviors

Business Model &Innovation

Social Capital

Governance

Reportingcurrency

Insurance

Mortgage FinanceCommunication withstakehoders

Net premiums written related to energy efficiency and low carbon
technology

Financials

Financials

✔

✔

✔

Insurance

Insurance

Massage from director
and/or management

n/aFinancials

Financials

Business model

Description of approach to incorporation of environmental, social, andgovernance (ESG) factors in investment management processes andstrategies

Insurance

Insurance✔

✔

✔

Financials

Financials

Summary oforganization or businessInsurance

Environment

168

Financials✔

Disclosure Information Category

Appendix

Financials

✔

✔

169

Insurance

Financials

Insurance

Business Model &Innovation

Physical Impacts of
Climate Change

Environmental Risk
Exposure

FN-IN-450a.3

Leadership & Governance

Systemic Risk Management

Systemic Risk Management

FN-IN-550a.1

List of Accounting Metics of SASB Standards

Reportingcurrency

Total fair value of securities lending collateral assets

Financials

Insurance

Leadership & Governance

Systemic Risk Management
ESG Issue

Systemic Risk Management Disclosure Topic

FN-IN-550a.3

Description of approach to managing capital- and liquidity-related risks
associated with systemic non-insurance
activities
Accounting metic

Selling Practices &Product Labeling

Lending Practices

FN-MF-270a.1

Selling Practices &Product Labeling

Lending Practices

Selling Practices &Product Labeling

Lending Practices

SectorIndustry

Financials

Mortgage Finance

ESG Issue Category
Social CapitalSocial Capital

ID

✔

✔

(1) Number and (2) value of residential mortgages of the following
types: (a) Hybrid or Option Adjustable-rate Mortgages (ARM), (b)Prepayment Penalty, (c) Higher Rate, (d) Total, by FICO scores above
or below 660

Number,Reportingcurrency(1) Number and (2) value of (a) residential mortgage modifications,(b) foreclosures, and (c) short sales or deeds in lieu of foreclosure, by
FICO scores above and below 660

Reportingcurrency✔

Total amount of monetary losses as a result of legal proceedings
associated with communications to customers or remuneration of loan
originators

Reportingcurrency✔

✔

Financials

Mortgage Finance

Financials

Mortgage Finance

Financials

Mortgage FinanceSocial Capital

Selling Practices &Product Labeling

Lending Practices

FN-MF-270a.4

Description of remuneration structure of loan originators

n/aFinancials

Mortgage FinanceSocial Capital

Selling Practices &Product Labeling

Discriminatory Lending

FN-MF-270b.1(1) Number, (2) value, and (3) weighted average Loan-to-Value (LTV)
ratio of mortgages issued to (a) minority and (b) all other borrowers, by
FICO scores above and below 660

Number,Reportingcurrency,
Percentage (%)✔

✔

Social Capital

FN-MF-270a.2

n/aUnit of measure

Disclosure Information Category
Recognition of ESG
risks and opportunities

FN-IN-550a.2

Identification ofmateriality

Systemic Risk Management

Governance

Systemic Risk Management

Communication withstakehoders

Leadership & Governance

Massage from director
and/or management

Insurance

Business model

Financials

✔

KPIs

Reportingcurrency✔

Strategies andpractices

Exposure to derivative instruments by category: (1) total potential
exposure to non-centrally cleared derivatives, (2) total fair value of
acceptable collateral posted with the Central Clearinghouse, and (3)total potential exposure to centrally cleared derivatives✔

Summary oforganization or business

FN-MF-270a.3✔

1

Financials

Mortgage FinanceSocial Capital

Selling Practices &Product Labeling

Discriminatory Lending

FN-MF-270b.2

Total amount of monetary losses as a result of legal proceedings
associated with discriminatory mortgage lending

Reportingcurrency

Financials

Mortgage FinanceSocial Capital

Selling Practices &Product Labeling

Discriminatory Lending

FN-MF-270b.3

Description of policies and procedures for ensuring nondiscriminatory
mortgage origination

n/aFinancials

Mortgage FinanceBusiness Model &Innovation

Physical Impacts of
Climate Change

Environmental Risk to
Mortgaged Properties

FN-MF-450a.1(1) Number and (2) value of mortgage loans in 100-year flood zones

Number,Reportingcurrency✔

✔

Financials

Mortgage FinanceBusiness Model &Innovation

Physical Impacts of
Climate Change

Environmental Risk to
Mortgaged Properties

FN-MF-450a.2(1) Total expected loss and (2) Loss Given Default (LGD) attributable tomortgage loan default and delinquency due to weather-related natural
catastrophes, by geographic region

Reportingcurrency,
Percentage (%)✔

✔

Financials

Mortgage FinanceBusiness Model &Innovation

Physical Impacts of
Climate Change

Environmental Risk to
Mortgaged Properties

FN-MF-450a.3

Description of how climate change and other environmental risks areincorporated into mortgage origination and underwriting

n/aHealth Care

Biotechnology & Pharmaceuticals

Social Capital

Human Rights & Community Relations

Safety of Clinical Trial
Participants

HC-BP-210a.1

Discussion, by world region, of management process for ensuring
quality and patient safety during clinical trials

n/aHealth Care

Biotechnology & Pharmaceuticals

Social Capital

Human Rights & Community Relations

Safety of Clinical Trial
Participants

HC-BP-210a.2

Number of FDA Sponsor Inspections related to clinical trial management and pharmacovigilance that resulted in: (1) Voluntary Action
Indicated (VAI) and (2) Official Action Indicated (OAI)

Number

Health Care

Biotechnology & Pharmaceuticals

Social Capital

Human Rights & Community Relations

Safety of Clinical Trial
Participants

HC-BP-210a.3

Total amount of monetary losses as a result of legal proceedings
associated with clinical trials in developing countries

Reportingcurrency

Health Care

Biotechnology & Pharmaceuticals

Social Capital

Access & Affordability

Access to Medicines

HC-BP-240a.1

Description of actions and initiatives to promote access to health careproducts for priority diseases and in priority countries as defined by theAccess to Medicine Index

n/aHealth Care

Biotechnology & Pharmaceuticals

Social Capital

Access & Affordability

Access to Medicines

HC-BP-240a.2

List of products on the WHO List of Prequalified Medicinal Products aspart of its Prequalification of Medicines Programme (PQP)

n/aHealth Care

Biotechnology & Pharmaceuticals

Social Capital

Access & Affordability

Affordability & Pricing

HC-BP-240b.1

Number of settlements of Abbreviated New Drug Application (ANDA)
litigation that involved payments and/or provisions to delay bringing an
authorized generic product to market for a defined time period

Number

Health Care

Biotechnology & Pharmaceuticals

Social Capital

Access & Affordability

Affordability & Pricing

HC-BP-240b.2

Percentage change in: (1) average list price and (2) average net priceacross U.S. product portfolio compared to previous year

Percentage (%)✔

Health Care

Biotechnology & Pharmaceuticals

Social Capital

Access & Affordability

Affordability & Pricing

HC-BP-240b.3

Percentage change in: (1) list price and (2) net price of product withlargest increase compared to previous year

Percentage (%)✔

Health Care

Biotechnology & Pharmaceuticals

Social Capital

Product Quality & Safety

Drug Safety

HC-BP-250a.1

List of products listed in the Food and Drug Administration’s (FDA)
MedWatch Safety Alerts for Human Medical Products databasen/aHealth Care

Biotechnology & Pharmaceuticals

Social Capital

Product Quality & Safety

Drug Safety

HC-BP-250a.2

Number of fatalities associated with products as reported in the FDA
Adverse Event Reporting System

Number✔

Health Care

Biotechnology & Pharmaceuticals

Social Capital

Product Quality & Safety

Drug Safety

HC-BP-250a.3

Number of recalls issued, total units recalled

Number✔

Health Care

Biotechnology & Pharmaceuticals

Social Capital

Product Quality & Safety

Drug Safety

HC-BP-250a.4

Total amount of product accepted for take-back, reuse, or disposal

Metric tons (t)✔

Health Care

Biotechnology & Pharmaceuticals

Social Capital

Product Quality & Safety

Drug Safety

HC-BP-250a.5

Number of FDA enforcement actions taken in response to violations ofcurrent Good Manufacturing Practices (cGMP), by type

Number

✔

✔

✔

✔

✔

✔

✔

✔

✔

✔

✔

List of Disclosure Items and Indicators of ESG InformationDisclosure Frameworks/Standards and Classification Results

List of Disclosure Items and Indicators of ESG InformationDisclosure Frameworks/Standards and Classification Results

170

n/a

Environment

1

Description of approach to incorporation of environmental risks into (1)the underwriting process for individual contracts and (2) the management of firm-level risks and capital adequacy

Appendix

Financials

171authorized generic product to market for a defined time period
Biotechnology & Pharmaceuticals

Social Capital

Access & Affordability

Affordability & Pricing

HC-BP-240b.2

Percentage change in: (1) average list price and (2) average net priceacross U.S. product portfolio compared to previous year

Percentage (%)✔

Health Care

Biotechnology & Pharmaceuticals

Social Capital

Access & Affordability

Affordability & Pricing

HC-BP-240b.3

Percentage change in: (1) list price and (2) net price of product withlargest increase compared to previous year

Percentage (%)✔

Health Care

Biotechnology & Pharmaceuticals

Social Capital

Product Quality & Safety

Drug Safety

HC-BP-250a.1

List of products listed in the Food and Drug Administration’s (FDA)
MedWatch Safety Alerts for Human Medical Products databasen/aHealth Care

Biotechnology & Pharmaceuticals

Social Capital

Product Quality & Safety

Drug Safety

HC-BP-250a.2

Number of fatalities associated with products as reported in the FDA
Adverse Event Reporting System

Number

Sector
Health Care

Industry
Biotechnology & Pharmaceuticals

ESG Issue Category
Social Capital

ESG Issue
Product Quality & Safety

Disclosure Topic
Drug Safety

ID
HC-BP-250a.3

Accounting metic
Number of recalls issued, total units recalled

Unit of measure
Number

Health Care

Biotechnology & Pharmaceuticals

Social Capital

Product Quality & Safety

Drug Safety

HC-BP-250a.4

Total amount of product accepted for take-back, reuse, or disposal

Metric tons (t)Health Care

Biotechnology & Pharmaceuticals

Social Capital

Product Quality & Safety

Drug Safety

HC-BP-250a.5

Number of FDA enforcement actions taken in response to violations ofcurrent Good Manufacturing Practices (cGMP), by type

Number

Health Care

Biotechnology & Pharmaceuticals

Social Capital

Customer Welfare

Counterfeit Drugs

HC-BP-260a.1

Description of methods and technologies used to maintain traceabilityof products throughout the supply chain and prevent counterfeiting

n/a✔

Health Care

Biotechnology & Pharmaceuticals

Social Capital

Customer Welfare

Counterfeit Drugs

HC-BP-260a.2

Discussion of process for alerting customers and business partners ofpotential or known risks associated with counterfeit products

n/a✔

Health Care

Biotechnology & Pharmaceuticals

Social Capital

Customer Welfare

Counterfeit Drugs

HC-BP-260a.3

Number of actions that led to raids, seizure, arrests, and/or filing of
criminal charges related to counterfeit products

Number

Health Care

Biotechnology & Pharmaceuticals

Social Capital

Selling Practices &Product Labeling

Ethical Marketing

HC-BP-270a.1

Total amount of monetary losses as a result of legal proceedings
associated with false marketing claims

Reportingcurrency

Health Care

Biotechnology & Pharmaceuticals

Social Capital

Selling Practices &Product Labeling

Ethical Marketing

HC-BP-270a.2

Description of code of ethics governing promotion of off-label use of
products

n/a

Health Care

Biotechnology & Pharmaceuticals

Human Capital

Employee Engagement,
Diversity & Inclusion

Employee Recruitment,
Development & Retention

HC-BP-330a.1

Discussion of talent recruitment and retention efforts for scientists andresearch and development personnel

n/aHealth Care

Biotechnology & Pharmaceuticals

Human Capital

Employee Engagement,
Diversity & Inclusion

Employee Recruitment,
Development & Retention

HC-BP-330a.2(1) Voluntary and (2) involuntary turnover rate for: (a) executives/senior
managers, (b) mid-level managers, (c) professionals, and (d) all others

Rate

Health Care

Biotechnology & Pharmaceuticals

Business Model &Innovation

Supply Chain Management

Supply Chain Management

HC-BP-430a.1

Percentage of (1) entity's facilities and (2) Tier I suppliers' facilities
participating in the Rx-360 International Pharmaceutical Supply Chain
Consortium audit program or equivalent third-party audit programs for
integrity of supply chain and ingredients

Percentage (%)

Health Care

Biotechnology & Pharmaceuticals

Leadership & GovernanceBusiness Ethics

Business Ethics

HC-BP-510a.1

Total amount of monetary losses as a result of legal proceedings
associated with corruption and bribery

Reportingcurrency

Health Care

Biotechnology & Pharmaceuticals

Leadership & GovernanceBusiness Ethics

Business Ethics

HC-BP-510a.2

Description of code of ethics governing interactions with health care
professionals

n/aHealth Care

Health Care Distributors

Environment

GHG Emissions

Fleet Fuel Management

HC-DI-110a.1

Payload fuel economy

Gallons, Tons
(U.S.), Miles✔

Health Care

Health Care Distributors

Environment

GHG Emissions

Fleet Fuel Management

HC-DI-110a.2

Description of efforts to reduce the environmental impact of logistics

n/a✔

Health Care

Health Care Distributors

Social Capital

Product Quality & Safety

Product Safety

HC-DI-250a.1

Total amount of monetary losses as a result of legal proceedings
associated with product safety

Reportingcurrency

Health Care

Health Care Distributors

Social Capital

Product Quality & Safety

Product Safety

HC-DI-250a.2

Description of efforts to minimize health and safety risks of products
sold associated with toxicity/chemical safety, high abuse potential, ordeliveryn/aHealth Care

Health Care Distributors

Social Capital

Customer Welfare

Counterfeit Drugs

HC-DI-260a.1

Description of methods and technologies used to maintain traceabilityof products throughout the distribution chain and prevent counterfeiting

n/aHealth Care

Health Care Distributors

Social Capital

Customer Welfare

Counterfeit Drugs

HC-DI-260a.2

Discussion of due diligence process to qualify suppliers of drug
products and medical equipment and devices

n/aHealth Care

Health Care Distributors

Social Capital

Customer Welfare

Counterfeit Drugs

HC-DI-260a.3

Discussion of process for alerting customers and business partners ofpotential or known risks associated with counterfeit products

n/aHealth Care

Health Care Distributors

Business Model &Innovation

Product Design & Lifecycle
Management

Product Lifecycle
Management

HC-DI-410a.1

Discussion of strategies to reduce the environmental impact of
packaging throughout its lifecyclen/a✔

Health Care

Health Care Distributors

Business Model &Innovation

Product Design & Lifecycle
Management

Product Lifecycle
Management

HC-DI-410a.2

Amount (by weight) of products accepted for take-back and reused,recycled, or donatedMetric tons (t)✔

Health Care

Health Care Distributors

Leadership & GovernanceBusiness Ethics

Business Ethics

HC-DI-510a.1

Description of efforts to minimize conflicts of interest and unethicalbusiness practices

n/aHealth Care

Health Care Distributors

Leadership & GovernanceBusiness Ethics

Business Ethics

HC-DI-510a.2

Total amount of monetary losses as a result of legal proceedings associated with bribery, corruption, or other unethical business practices

Reportingcurrency

Health Care

Drug Retailers

Environment

Energy Management

Energy Management in
RetailHC-DR-130a.1(1) Total energy consumed, (2) percentage grid electricity, (3)percentage renewable

Gigajoules (GJ),
Percentage (%)

List of Accounting Metics of SASB Standards

KPIs

Strategies andpractices

Recognition of ESG
risks and opportunities

Identification ofmateriality

GovernanceCommunication withstakehoders

Massage from director
and/or management

Business model

Summary oforganization or business

✔

✔

✔

✔

✔

✔

✔

✔

✔

✔

✔

✔

✔
✔
✔

✔

✔

✔

✔

✔

✔

✔

✔

1
List of Disclosure Items and Indicators of ESG InformationDisclosure Frameworks/Standards and Classification Results

List of Disclosure Items and Indicators of ESG InformationDisclosure Frameworks/Standards and Classification Results

172

Environment

1✔
Disclosure Information Category

Appendix

Health Care

✔

✔

✔

173

Disclosure Information Category(1) Number of data breaches, (2) percentage involving (a) personallyidentifiable information (PII) only and (b) protected health information(PHI), (3) number of customers affected in each category, (a) PII onlyand (b) PHI

Number,
Percentage (%)

KPIs

HC-DR-230a.2

n/aStrategies andpractices

Data Security & Privacy

Description of policies and practices to secure customers’ protected
health information (PHI) records and other personally identifiable
information (PII)

Recognition of ESG
risks and opportunities

Data Security

HC-DR-230a.1

Unit of measure

Identification ofmateriality

Social Capital

Data Security & Privacy

Accounting metic

Governance

Drug Retailers

Data Security

ID

Communication withstakehoders

Health Care

Social Capital

Disclosure Topic

Massage from director
and/or management

Drug Retailers

ESG Issue

Business model✔

✔

Health Care

Drug Retailers

Social Capital

Data Security

Data Security & Privacy

HC-DR-230a.3

Total amount of monetary losses as a result of legal proceedings
associated with data security and privacy

Reportingcurrency

Health Care

Drug Retailers

Social Capital

Product Quality & Safety

Drug Supply Chain
Integrity

HC-DR-250a.1

Description of efforts to reduce the occurrence of compromised drugs
within the supply chainn/aHealth Care

Drug Retailers

Social Capital

Product Quality & Safety

Drug Supply Chain
Integrity

HC-DR-250a.2

Number of drug recalls issued, total units recalled, percentage forprivate-label products

Number,
Percentage (%)

Health Care

Drug Retailers

Social Capital

Customer Welfare

Management of Controlled
Substances

HC-DR-260a.1

Percentage of controlled substance prescriptions dispensed for whicha prescription drug monitoring program (PDMP) database was queried

Percentage (%)

Health Care

Drug Retailers

Social Capital

Customer Welfare

Management of Controlled
Substances

HC-DR-260a.2

Total amount of monetary losses as a result of legal proceedings
associated with controlled substances

Reportingcurrency✔

Health Care

Drug Retailers

Social Capital

Customer Welfare

Patient Health Outcomes

HC-DR-260b.1

First fill adherence rate

Percentage (%)✔

Health Care

Drug Retailers

Social Capital

Customer Welfare

Patient Health Outcomes

HC-DR-260b.2

Description of policies and practices to prevent prescription dispensing
errorsn/aHealth Care

Drug Retailers

Social Capital

Customer Welfare

Patient Health Outcomes

HC-DR-260b.3

Total amount of monetary losses as a result of legal proceedings
associated with prescription dispensing errors

Reportingcurrency

Health Care

Health Care Delivery

Environment

Energy Management

Energy Management

HC-DY-130a.1(1) Total energy consumed, (2) percentage grid electricity, (3)percentage renewable

Gigajoules (GJ),
Percentage (%)

Health Care

Health Care Delivery

Environment

Waste & Hazardous
Materials Management

Waste Management

HC-DY-150a.1

Total amount of medical waste, percentage (a) incinerated, (b) recycled
or treated, and (c) landfilled

Health Care

Health Care Delivery

Environment

Waste & Hazardous
Materials Management

Waste Management

HC-DY-150a.2

Health Care

Health Care Delivery

Social Capital

Data Security

Patient Privacy & Electronic Health Records

Health Care

Health Care Delivery

Social Capital

Data Security

Health Care

Health Care Delivery

Social Capital

Data Security

✔

1
✔

✔

✔

✔

✔

✔

✔

Metric tons (t)✔

✔

Total amount of: (1) hazardous and (2) non-hazardous pharmaceuticalwaste, percentage (a) incinerated, (b) recycled or treated, and (c)landfilled

Metric tons (t),Percentage (%)✔

✔

HC-DY-230a.1

Percentage of patient records that are Electronic Health Records (EHR)
that meet "meaningful use" requirements

Percentage (%)

Patient Privacy & Electronic Health Records

HC-DY-230a.2

Description of policies and practices to secure customers’ protected
health information (PHI) records and other personally identifiable
information (PII)n/aPatient Privacy & Electronic Health Records

HC-DY-230a.3(1) Number of data breaches, (2) percentage involving (a) personallyidentifiable information (PII) only and (b) protected health information(PHI), (3) number of customers affected in each category, (a) PII onlyand (b) PHI

Number,
Percentage (%)

✔

✔

✔

Health Care

Health Care Delivery

Social Capital

Data Security

Patient Privacy & Electronic Health Records

HC-DY-230a.4

Total amount of monetary losses as a result of legal proceedings
associated with data security and privacy

Reportingcurrency

Health Care

Health Care Delivery

Social Capital

Access & Affordability

Access for Low-Income
Patients

HC-DY-240a.1

Discussion of strategy to manage the mix of patient insurance statusn/a

Health Care

Health Care Delivery

Social Capital

Access & Affordability

Access for Low-Income
Patients

HC-DY-240a.2

Amount of Medicare Disproportionate Share Hospital (DSH) adjustment
payments received

Reportingcurrency

Health Care

Health Care Delivery

Social Capital

Product Quality & Safety

Quality of Care & Patient
Satisfaction

HC-DY-250a.1

Average Hospital Value-Based Purchasing Total Performance Scoreand domain score, across all facilities

Number✔

Health Care

Health Care Delivery

Social Capital

Product Quality & Safety

Quality of Care & Patient
Satisfaction

HC-DY-250a.2

Number of Serious Reportable Events (SREs) as defined by the
National Quality Forum (NQF)

Number✔

Health Care

Health Care Delivery

Social Capital

Product Quality & Safety

Quality of Care & Patient
Satisfaction

HC-DY-250a.3

Hospital-Acquired Condition (HAC) Score per hospital

Number✔

Health Care

Health Care Delivery

Social Capital

Product Quality & Safety

Quality of Care & Patient
Satisfaction

HC-DY-250a.4

Excess readmission ratio per hospital

Ratio

✔

✔

✔

✔

List of Disclosure Items and Indicators of ESG InformationDisclosure Frameworks/Standards and Classification Results

List of Disclosure Items and Indicators of ESG InformationDisclosure Frameworks/Standards and Classification Results

174

Health Care

ESG Issue Category

Summary oforganization or business1

Industry

Environment

SectorAppendix

List of Accounting Metics of SASB Standards

175

(PHI), (3) number of customers affected in each category, (a) PII onlyand (b) PHIHealth Care Delivery

Social Capital

Data Security

Patient Privacy & Electronic Health Records

HC-DY-230a.4

Total amount of monetary losses as a result of legal proceedings
associated with data security and privacy

Reportingcurrency

Health Care

Health Care Delivery

Social Capital

Access & Affordability

Access for Low-Income
Patients

HC-DY-240a.1

Discussion of strategy to manage the mix of patient insurance statusn/a

List of Accounting Metics of SASB Standards
Health Care

Health Care Delivery

Social Capital

Access & Affordability

Access for Low-Income
Patients

HC-DY-240a.2

Amount of Medicare Disproportionate Share Hospital (DSH) adjustment
payments received

Reportingcurrency

Health Care

Health Care Delivery

Social Capital

Product Quality & Safety

Quality of Care & Patient
Satisfaction

HC-DY-250a.1

Average Hospital Value-Based Purchasing Total Performance Scoreand domain score, across all facilities

Number

Sector
Health Care

Industry
Health Care Delivery

ESG Issue Category
Social Capital

ESG Issue
Product Quality & Safety

Disclosure Topic
Quality of Care & Patient
Satisfaction

ID
HC-DY-250a.2

Accounting metic
Number of Serious Reportable Events (SREs) as defined by the
National Quality Forum (NQF)

Unit of measure
Number

Health Care

Health Care Delivery

Social Capital

Product Quality & Safety

Quality of Care & Patient
Satisfaction

HC-DY-250a.3

Hospital-Acquired Condition (HAC) Score per hospital

Number

Health Care

Health Care Delivery

Social Capital

Product Quality & Safety

Quality of Care & Patient
Satisfaction

HC-DY-250a.4

Excess readmission ratio per hospital

Ratio

Health Care

Health Care Delivery

Social Capital

Product Quality & Safety

Quality of Care & Patient
Satisfaction

HC-DY-250a.5

Magnitude of readmissions payment adjustment as part of the Hospital
Readmissions Reduction Program (HRRP)

Reportingcurrency

Health Care

Health Care Delivery

Social Capital

Customer Welfare

Management of Controlled
Substances

HC-DY-260a.1

Description of policies and practices to manage the number ofprescriptions issued for controlled substances

n/a

Health Care

Health Care Delivery

Social Capital

Customer Welfare

Management of Controlled
Substances

HC-DY-260a.2

Percentage of controlled substance prescriptions written for which aprescription drug monitoring program (PDMP) database was queried

Percentage (%)

Health Care

Health Care Delivery

Social Capital

Selling Practices &Product Labeling

Pricing & Billing Transparency

HC-DY-270a.1

Description of policies or initiatives to ensure that patients areadequately informed about price before undergoing a proceduren/aHealth Care

Health Care Delivery

Social Capital

Selling Practices &Product Labeling

Pricing & Billing Transparency

HC-DY-270a.2

Discussion of how pricing information for services is made publicly
availablen/aHealth Care

Health Care Delivery

Social Capital

Selling Practices &Product Labeling

Pricing & Billing Transparency

HC-DY-270a.3

Number of the entity’s 25 most common services for which pricing
information is publicly available, percentage of total services performed(by volume) that these represent

Number,
Percentage (%)✔

Health Care

Health Care Delivery

Human Capital

Employee Health & Safety

Employee Health & Safety

HC-DY-320a.1(1) Total recordable incident rate (TRIR) and (2) days away, restricted,
or transferred (DART) rate

Rate

✔

Health Care

Health Care Delivery

Human Capital

Employee Engagement,
Diversity & Inclusion

Employee Recruitment,
Development & Retention

HC-DY-330a.1(1) Voluntary and (2) involuntary turnover rate for: (a) physicians, (b)non-physician health care practitioners, and (c) all other employees

Rate

✔

Health Care

Health Care Delivery

Human Capital

Employee Engagement,
Diversity & Inclusion

Employee Recruitment,
Development & Retention

HC-DY-330a.2

Description of talent recruitment and retention efforts for health carepractitioners

n/aHealth Care

Health Care Delivery

Business Model &Innovation

Physical Impacts of
Climate Change

Climate Change Impacts
on Human Health &Infrastructure

HC-DY-450a.1

Description of policies and practices to address: (1) the physical risks
due to an increased frequency and intensity of extreme weather eventsand (2) changes in the morbidity and mortality rates of illnesses anddiseases, associated with climate changen/aBusiness Model &Innovation

Physical Impacts of
Climate Change

Climate Change Impacts
on Human Health &Infrastructure

HC-DY-450a.2

Percentage of health care facilities that comply with the Centers for
Medicare and Medicaid Services (CMS) Emergency Preparedness
Rule

Percentage (%)

Leadership & GovernanceBusiness Ethics

Fraud & Unnecessary
Procedures

HC-DY-510a.1

Total amount of monetary losses as a result of legal proceedings
associated with Medicare and Medicaid fraud under the False Claims
Act

Reportingcurrency

Customer Privacy &Technology Standards

HC-MC-230a.1

Description of policies and practices to secure customers’ protected
health information (PHI) records and other personally identifiable
information (PII)n/aCustomer Privacy &Technology Standards

HC-MC-230a.2(1) Number of data breaches, (2) percentage involving (a) personallyidentifiable information (PII) only and (b) protected health information(PHI), (3) number of customers affected in each category, (a) PII onlyand (b) PHI

Number,
Percentage (%)

Data Security

✔

✔

✔

✔

✔

✔

✔

1
✔

✔

✔

✔

✔

✔

✔

✔

✔

✔

Health CareManaged Care

Social Capital

Data Security

Customer Privacy &Technology Standards

HC-MC-230a.3

Total amount of monetary losses as a result of legal proceedings
associated with data security and privacy

Reportingcurrency✔

Health CareManaged Care

Social Capital

Access & Affordability

Access to Coverage

HC-MC-240a.1

Medical Loss Ratio (MLR)

Ratio

✔

Health CareManaged Care

Social Capital

Access & Affordability

Access to Coverage

HC-MC-240a.2

Total amount of rebates accrued and paid due to non-compliance with
the Patient Protection and Affordable Care Act for Medical Loss Ratio(MLR)

Reportingcurrency✔

Health CareManaged Care

Percentage of proposed rate increases receiving “not unreasonable”
designation from Health and Human Services (HHS) review or state
review

Percentage (%)

Health CareManaged Care

Social Capital

Product Quality & Safety

Plan Performance

HC-MC-250a.1

Average Medicare Advantage plan rating for each of the following plan
types: (1) HMO, (2) local PPO, (3) regional PPO, (4) PFFS, and (5) SNP

Number✔

Health CareManaged Care

Social Capital

Product Quality & Safety

Plan Performance

HC-MC-250a.2

Enrollee retention rate by plan type, including: (1) HMO, (2) local PPO,
(3) regional PPO, (4) PFFS, and (5) SNP

Rate

✔

Health CareManaged Care

Social Capital

Product Quality & Safety

Plan Performance

HC-MC-250a.3

Percentage of claims denied that were appealed by customers andultimately reversed

Percentage (%)✔

Social Capital

Access & Affordability

Access to Coverage

HC-MC-240a.3✔

List of Disclosure Items and Indicators of ESG InformationDisclosure Frameworks/Standards and Classification Results

Social Capital

KPIs

Managed Care

Data Security

Strategies andpractices

Health Care

Social Capital

Recognition of ESG
risks and opportunities

Managed Care

Identification ofmateriality

Health Care

Governance

Health Care Delivery

Communication withstakehoders

Health Care

Massage from director
and/or management

Health Care Delivery

Business model

Health Care✔

Disclosure Information Category
Summary oforganization or business

List of Disclosure Items and Indicators of ESG InformationDisclosure Frameworks/Standards and Classification Results

176✔

Environment

1✔

Appendix

Health Care

177

Managed Care

Social Capital

Data Security

Customer Privacy &Technology Standards

HC-MC-230a.3

Total amount of monetary losses as a result of legal proceedings
associated with data security and privacy

Reportingcurrency✔

Health CareManaged Care

Social Capital

Access & Affordability

Access to Coverage

HC-MC-240a.1

Medical Loss Ratio (MLR)

Ratio

✔

Health CareManaged Care

Social Capital

Access & Affordability

Access to Coverage

HC-MC-240a.2

Total amount of rebates accrued and paid due to non-compliance with
the Patient Protection and Affordable Care Act for Medical Loss Ratio(MLR)

Reportingcurrency✔

Health CareManaged Care

Percentage of proposed rate increases receiving “not unreasonable”
designation from Health and Human Services (HHS) review or state
review

Percentage (%)

Sector
Health Care

Industry
Managed Care

ESG Issue Category
Social Capital

ESG Issue
Product Quality & Safety

Disclosure Topic
Plan PerformanceID
HC-MC-250a.1

Accounting metic
Average Medicare Advantage plan rating for each of the following plan
types: (1) HMO, (2) local PPO, (3) regional PPO, (4) PFFS, and (5) SNP

Unit of measure
Number

Health CareManaged Care

Social Capital

Product Quality & Safety

Plan Performance

HC-MC-250a.2

Enrollee retention rate by plan type, including: (1) HMO, (2) local PPO,
(3) regional PPO, (4) PFFS, and (5) SNP

Rate

Health CareManaged Care

Social Capital

Product Quality & Safety

Plan Performance

HC-MC-250a.3

Percentage of claims denied that were appealed by customers andultimately reversed

Percentage (%)✔

Health CareManaged Care

Social Capital

Product Quality & Safety

Plan Performance

HC-MC-250a.4

Plan enrollee grievance rate

Rate

✔

Health CareManaged Care

Social Capital

Customer Welfare

Improved Outcomes

HC-MC-260a.1

Percentage of enrollees in wellness programs by type: (1) diet andnutrition, (2) exercise, (3) stress management, (4) mental health, (5)smoking or alcohol cessation, or (6) other

Percentage (%)

Health CareManaged Care

Total coverage for preventive health services with no cost sharing forthe enrollees, total coverage for preventive health services requiringcost-sharing by the enrollee, percentage of enrollees receiving Initial
Preventive Physical Examinations (IPEE) or Annual Wellness Visits(AWV)

Reportingcurrency,
Percentage (%)✔

✔

List of Accounting Metics of SASB Standards

KPIs

Strategies andpractices

Recognition of ESG
risks and opportunities

Identification ofmateriality

✔

✔

✔

✔

Health CareManaged Care

Social Capital

Customer Welfare

Improved Outcomes

HC-MC-260a.3

Number of customers receiving care from Accountable Care Organizations or enrolled in Patient-Centered Medical Home programs

Number

Health CareManaged Care

Business Model &Innovation

Physical Impacts of
Climate Change

Climate Change Impacts
on Human Health

HC-MC-450a.1

Discussion of the strategy to address the effects of climate change on
business operations and how specific risks presented by changes in
the geographic incidence, morbidity, and mortality of illnesses anddiseases are incorporated into risk models

n/a

✔

✔

✔

Health Care

Medical Equipment &Supplies

Social Capital

Access & Affordability

Affordability & Pricing

HC-MS-240a.1

Ratio of weighted average rate of net price increases (for all products)
to the annual increase in the U.S. Consumer Price Index

Ratio

Health Care

Medical Equipment &Supplies

Social Capital

Access & Affordability

Affordability & Pricing

HC-MS-240a.2

Description of how price information for each product is disclosed tocustomers or to their agents

n/aHealth Care

Medical Equipment &Supplies

Social Capital

Product Quality & Safety

Product Safety

HC-MS-250a.1

Number of recalls issued, total units recalled

Number

Health Care

Medical Equipment &Supplies

Social Capital

Product Quality & Safety

Product Safety

HC-MS-250a.2

List of products listed in the FDA’s MedWatch Safety Alerts for Human
Medical Products databasen/aHealth Care

Medical Equipment &Supplies

Social Capital

Product Quality & Safety

Product Safety

HC-MS-250a.3

Number of fatalities related to products as reported in the FDA
Manufacturer and User Facility Device Experiencedatabase

Number✔

Health Care

Medical Equipment &Supplies

Social Capital

Product Quality & Safety

Product Safety

HC-MS-250a.4

Number of FDA enforcement actions taken in response to violations ofcurrent Good Manufacturing Practices (cGMP), by type

Number✔

Health Care

Medical Equipment &Supplies

Social Capital

Selling Practices &Product Labeling

Ethical Marketing

HC-MS-270a.1

Total amount of monetary losses as a result of legal proceedings
associated with false marketing claims

Reportingcurrency

Health Care

Medical Equipment &Supplies

Social Capital

Selling Practices &Product Labeling

Ethical Marketing

HC-MS-270a.2

Description of code of ethics governing promotion of off-label use of
products

n/a

Health Care

Medical Equipment &Supplies

Business Model &Innovation

Product Design & Lifecycle
Management

Product Design & Lifecycle
Management

HC-MS-410a.1

Discussion of process to assess and manage environmental andhuman health considerations associated with chemicals in products,
and meet demand for sustainable products

n/aHealth Care

Medical Equipment &Supplies

Business Model &Innovation

Product Design & Lifecycle
Management

Product Design & Lifecycle
Management

HC-MS-410a.2

Total amount of products accepted for take-back and reused, recycled,
or donated, broken down by: (1) devices and equipment and (2)supplies

Metric tons (t)Health Care

Medical Equipment &Supplies

Business Model &Innovation

Supply Chain Management

Supply Chain Management

HC-MS-430a.1

Percentage of (1) entity's facilities and (2) Tier I suppliers' facilities
participating in third-party audit programs for manufacturing andproduct quality

Percentage (%)

Health Care

Medical Equipment &Supplies

Business Model &Innovation

Supply Chain Management

Supply Chain Management

HC-MS-430a.2

Description of efforts to maintain traceability within the distribution
chain

n/a

Health Care

Medical Equipment &Supplies

Business Model &Innovation

Supply Chain Management

Supply Chain Management

HC-MS-430a.3

Description of the management of risks associated with the use ofcritical materials

n/aHealth Care

Medical Equipment &Supplies

Leadership & GovernanceBusiness Ethics

Business Ethics

HC-MS-510a.1

Total amount of monetary losses as a result of legal proceedings
associated with bribery or corruption

Reportingcurrency

Health Care

Medical Equipment &Supplies

Leadership & GovernanceBusiness Ethics

Business Ethics

HC-MS-510a.2

Description of code of ethics governing interactions with health care
professionals

n/aInfrastructure

Engineering & Construction Services

Environment

Ecological Impacts

Environmental Impacts ofProject Development

IF-EN-160a.1

Number of incidents of non-compliance with environmental permits,standards, and regulations

Number✔

Infrastructure

Engineering & Construction Services

Environment

Ecological Impacts

Environmental Impacts ofProject Development

IF-EN-160a.2

Discussion of processes to assess and manage environmental risks
associated with project design, siting, and construction

n/a

✔

✔

✔

✔

✔

✔

✔

✔

✔

✔

✔

✔

✔

✔

✔

✔

✔

1
List of Disclosure Items and Indicators of ESG InformationDisclosure Frameworks/Standards and Classification Results

List of Disclosure Items and Indicators of ESG InformationDisclosure Frameworks/Standards and Classification Results

178

Governance1

Communication withstakehoders

HC-MC-260a.2

Disclosure Information Category
Massage from director
and/or management

Improved Outcomes

HC-MC-240a.3

Business model

Customer Welfare

Access to Coverage

Summary oforganization or businessSocial Capital

Access & Affordability

Environment

Social Capital

Appendix

Health Care

✔

✔

✔

✔

179

supplies
Percentage of (1) entity's facilities and (2) Tier I suppliers' facilities
participating in third-party audit programs for manufacturing andproduct quality

Percentage (%)

HC-MS-430a.2

Description of efforts to maintain traceability within the distribution
chain

n/a

Health Care

Medical Equipment &Supplies

Business Model &Innovation

Supply Chain Management

Supply Chain Management

HC-MS-430a.3

Description of the management of risks associated with the use ofcritical materials

n/aHealth Care

Medical Equipment &Supplies
Industry
Medical Equipment &Supplies

Leadership & GovernanceBusiness Ethics

Business Ethics

HC-MS-510a.1

ESG Issue Category
Leadership & Governance

ESG Issue
Business Ethics

Disclosure Topic
Business Ethics

ID
HC-MS-510a.2

Total amount of monetary losses as a result of legal proceedings
associated with bribery or corruption
Accounting metic
Description of code of ethics governing interactions with health care
professionals

Reportingcurrency
Unit of measuren/aInfrastructure

Engineering & Construction Services

Environment

Ecological Impacts

Environmental Impacts ofProject Development

IF-EN-160a.1

Number of incidents of non-compliance with environmental permits,standards, and regulations

Number✔

Infrastructure

Engineering & Construction Services

Environment

Ecological Impacts

Environmental Impacts ofProject Development

IF-EN-160a.2

Discussion of processes to assess and manage environmental risks
associated with project design, siting, and construction

n/a✔

Infrastructure

Engineering & Construction Services

Social Capital

Product Quality & Safety

Structural Integrity &SafetyIF-EN-250a.1

Amount of defect- and safety-related rework costs

Reportingcurrency✔

Infrastructure

Engineering & Construction Services

Social Capital

Product Quality & Safety

Structural Integrity &SafetyIF-EN-250a.2

Total amount of monetary losses as a result of legal proceedings
associated with defect- and safety-related incidents

Reportingcurrency✔

Infrastructure

Engineering & Construction Services

Human Capital

Employee Health & Safety

Workforce Health & Safety

IF-EN-320a.1(1) Total recordable incident rate (TRIR) and (2) fatality rate for (a)direct employees and (b) contract employees

Rate

Infrastructure

Engineering & Construction Services

Business Model &Innovation

Product Design & Lifecycle
Management

Lifecycle Impacts of
Buildings & Infrastructure

IF-EN-410a.1

Number of (1) commissioned projects certified to a third-party
multi-attribute sustainability standard and (2) active projects seeking
such certification

NumberInfrastructure

Engineering & Construction Services

Business Model &Innovation

Product Design & Lifecycle
Management

Lifecycle Impacts of
Buildings & Infrastructure

IF-EN-410a.2

Discussion of process to incorporate operational-phase energy andwater efficiency considerations into project planning and design

n/aInfrastructure

Engineering & Construction Services

Business Model &Innovation

Product Design & Lifecycle
Management

Climate Impacts ofBusiness Mix

IF-EN-410b.1

Amount of backlog for (1) hydrocarbon-related projects and (2)renewable energy projects

Reportingcurrency✔

✔

Infrastructure

Engineering & Construction Services

Business Model &Innovation

Product Design & Lifecycle
Management

Climate Impacts ofBusiness Mix

IF-EN-410b.2

Amount of backlog cancellations associated with hydrocarbon-related
projects

Reportingcurrency✔

✔

Infrastructure

Engineering & Construction Services

Business Model &Innovation

Product Design & Lifecycle
Management

Climate Impacts ofBusiness Mix

IF-EN-410b.3

Amount of backlog for non-energy projects associated with climatechange mitigation

Reportingcurrency✔

✔

Infrastructure

Engineering & Construction Services

Leadership & GovernanceBusiness Ethics

Business Ethics

IF-EN-510a.1(1) Number of active projects and (2) backlog in countries that havethe 20 lowest rankings in Transparency International’s Corruption
Perception Index

Number,Reportingcurrency

Infrastructure

Engineering & Construction Services

Leadership & GovernanceTotal amount of monetary losses as a result of legal proceedings
associated with charges of (1) bribery or corruption and (2) anti-competitive practices

Reportingcurrency

Infrastructure

Engineering & Construction Services

Leadership & Governance

Description of policies and practices for prevention of (1) bribery andcorruption, and (2) anti-competitive behavior in the project bidding
processes

n/aInfrastructure

Electric Utilities & Power
Generators

Environment(1) Gross global Scope 1 emissions, percentage covered under (2)emissions-limiting regulations, and (3) emissions-reporting regulations

Metric tons(t) CO2-e,
Percentage (%)

Infrastructure

Electric Utilities & Power
Generators

Environment

Greenhouse gas (GHG) emissions associated with power deliveries

Metric tons (t)CO2-eInfrastructure

Electric Utilities & Power
Generators

Environment

Infrastructure

Electric Utilities & Power
Generators

Environment

Infrastructure

Electric Utilities & Power
Generators

Environment

Infrastructure

Electric Utilities & Power
Generators

Environment

Infrastructure

Electric Utilities & Power
Generators

Infrastructure

Sector
Health Care

1

Business Ethics

GHG Emissions

GHG Emissions

GHG Emissions

GHG Emissions

Air Quality

Business Ethics

Business Ethics

IF-EN-510a.2

IF-EN-510a.3

Greenhouse Gas Emissions & Energy Resource
Planning

IF-EU-110a.1

Greenhouse Gas Emissions & Energy Resource
Planning

IF-EU-110a.2

Greenhouse Gas Emissions & Energy Resource
Planning

IF-EU-110a.3

Greenhouse Gas Emissions & Energy Resource
Planning

IF-EU-110a.4

Air Quality

IF-EU-120a.1

IF-EU-140a.1✔

Disclosure Information Category

✔

✔

✔

✔

✔

✔

✔

1
✔

✔

✔

✔

✔

✔

✔

✔

✔

✔

✔

Discussion of long-term and short-term strategy or plan to manage
Scope 1 emissions, emissions reduction targets, and an analysis ofperformance against those targets

n/a(1) Number of customers served in markets subject to renewable
portfolio standards (RPS) and (2) percentage fulfillment of RPS target
by market

Number,
Percentage (%)✔

✔

Air emissions of the following pollutants: (1) NOx (excluding N2O), (2)SOx, (3) particulate matter (PM10), (4) lead (Pb), and (5) mercury (Hg);percentage of each in or near areas of dense population

Metric tons (t),Percentage (%)✔

✔

(1) Total water withdrawn, (2) total water consumed, percentage ofeach in regions with High or Extremely High Baseline Water StressThousand cubic
meters (m³),
Percentage (%)

✔

✔

✔

✔

Water & Wastewater
Management

Water Management

Environment

Water & Wastewater
Management

Water Management

IF-EU-140a.2

Number of incidents of non-compliance associated with water quantity
and/or quality permits, standards, and regulations

Number✔

Electric Utilities & Power
Generators

Environment

Water & Wastewater
Management

Water Management

IF-EU-140a.3

Description of water management risks and discussion of strategies
and practices to mitigate those risksn/a✔

Infrastructure

Electric Utilities & Power
Generators

Environment

Waste & Hazardous
Materials Management

Coal Ash Management

IF-EU-150a.1

Amount of coal combustion residuals (CCR) generated, percentage
recycled

Metric tons (t),Percentage (%)

Infrastructure

Electric Utilities & Power
Generators

Environment

Waste & Hazardous
Materials Management

Coal Ash Management

IF-EU-150a.2

Total number of coal combustion residual (CCR) impoundments,
broken down by hazard potential classification and structural integrity
assessment

Number✔

✔

List of Disclosure Items and Indicators of ESG InformationDisclosure Frameworks/Standards and Classification Results

List of Disclosure Items and Indicators of ESG InformationDisclosure Frameworks/Standards and Classification Results

180

Business Ethics✔

Appendix

Supply Chain Management

KPIs

Supply Chain Management

Strategies andpractices

Business Model &Innovation

Recognition of ESG
risks and opportunities

Medical Equipment &Supplies

Identification ofmateriality

Health Care

List of Accounting Metics of SASB Standards✔

Governance

HC-MS-430a.1

Communication withstakehoders

Supply Chain Management

Massage from director
and/or management

Supply Chain Management

Business modelBusiness Model &Innovation

Summary oforganization or business

Medical Equipment &Supplies

Environment

Health Care

✔

✔

✔

✔

✔

181

Electric Utilities & Power
Generators

Environment

Infrastructure

Electric Utilities & Power
Generators

Environment

Listof Accounting
SASB Standards
ElectricMetics
Utilities &ofPower
Environment
Infrastructure
Generators

IF-EU-110a.4

Air Quality

IF-EU-120a.1

Water & Wastewater
Management

Water Management

IF-EU-140a.1(1) Number of customers served in markets subject to renewable
portfolio standards (RPS) and (2) percentage fulfillment of RPS target
by market

Number,
Percentage (%)✔

✔

Air emissions of the following pollutants: (1) NOx (excluding N2O), (2)SOx, (3) particulate matter (PM10), (4) lead (Pb), and (5) mercury (Hg);percentage of each in or near areas of dense population

Metric tons (t),Percentage (%)✔

✔

(1) Total water withdrawn, (2) total water consumed, percentage ofeach in regions with High or Extremely High Baseline Water StressThousand cubic
meters (m³),
Percentage (%)✔

✔

Disclosure Information Category

KPIs

Strategies andpractices

Recognition of ESG
risks and opportunities

Identification ofmateriality

GovernanceCommunication withstakehoders

Massage from director
and/or management

Business model

Summary oforganization or business

Infrastructure

Electric Utilities & Power
Generators

Environment

Water & Wastewater
Management

Water Management

IF-EU-140a.2

Number of incidents of non-compliance associated with water quantity
and/or quality permits, standards, and regulations

Number

SectorInfrastructure

Industry
Electric Utilities & Power
Generators

ESG Issue Category
Environment

ESG Issue
Water & Wastewater
Management

Disclosure Topic
Water Management

ID
IF-EU-140a.3

Accounting metic
Description of water management risks and discussion of strategies
and practices to mitigate those risks

Unit of measuren/aInfrastructure

Electric Utilities & Power
Generators

Environment

Waste & Hazardous
Materials Management

Coal Ash Management

IF-EU-150a.1

Amount of coal combustion residuals (CCR) generated, percentage
recycled

Metric tons (t),Percentage (%)

Infrastructure

Electric Utilities & Power
Generators

Environment

Waste & Hazardous
Materials Management

Coal Ash Management

IF-EU-150a.2

Total number of coal combustion residual (CCR) impoundments,
broken down by hazard potential classification and structural integrity
assessment

NumberInfrastructure

Electric Utilities & Power
Generators

Social Capital

Access & Affordability

Energy Affordability

IF-EU-240a.1

Average retail electric rate for (1) residential, (2) commercial, and (3)industrial customers

Rate

Infrastructure

Electric Utilities & Power
Generators

Social Capital

Access & Affordability

Energy Affordability

IF-EU-240a.2

Typical monthly electric bill for residential customers for (1) 500 kWhand (2) 1,000 kWh of electricity delivered per month

Reportingcurrency✔

Infrastructure

Electric Utilities & Power
Generators

Social Capital

Access & Affordability

Energy Affordability

IF-EU-240a.3

Number of residential customer electric disconnections for non-payment, percentage reconnected within 30 days

Number,
Percentage (%)✔

Infrastructure

Electric Utilities & Power
Generators

Social Capital

Access & Affordability

Energy Affordability

IF-EU-240a.4

Discussion of impact of external factors on customer affordability ofelectricity, including the economic conditions of the service territory

n/aInfrastructure

Electric Utilities & Power
Generators

Human Capital

Employee Health & Safety

Workforce Health & Safety

IF-EU-320a.1(1) Total recordable incident rate (TRIR), (2) fatality rate, and (3) near
miss frequency rate (NMFR)

Rate

Infrastructure

Electric Utilities & Power
Generators

Business Model &Innovation

Business Model Resilience

End-Use Efficiency &DemandIF-EU-420a.1

Percentage of electric utility revenues from rate structures that (1) aredecoupled and (2) contain a lost revenue adjustment mechanism(LRAM)

Percentage (%)

Infrastructure

Electric Utilities & Power
Generators

Business Model &Innovation

Business Model Resilience

End-Use Efficiency &DemandIF-EU-420a.2

Percentage of electric load served by smart grid technology

Infrastructure

Electric Utilities & Power
Generators

Business Model &Innovation

Business Model Resilience

End-Use Efficiency &DemandIF-EU-420a.3

Infrastructure

Electric Utilities & Power
Generators

Leadership & GovernanceCritical Incident Risk
Management

Nuclear Safety & Emergency Management

Infrastructure

Electric Utilities & Power
Generators

Leadership & GovernanceCritical Incident Risk
Management

Infrastructure

Electric Utilities & Power
Generators

Leadership & Governance

Infrastructure

Electric Utilities & Power
Generators

Leadership & Governance

Infrastructure

Gas Utilities & Distributors

Infrastructure

✔

✔

✔

✔

✔

✔

✔

✔

✔

✔

✔

✔

✔

✔

Percentage (%)
by megawatt
hours (MWh)✔

✔

Customer electricity savings from efficiency measures, by market

Megawatt hours
(MWh)

✔

✔

IF-EU-540a.1

Total number of nuclear power units, broken down by U.S. Nuclear
Regulatory Commission (NRC) Action Matrix Column

NumberNuclear Safety & Emergency Management

IF-EU-540a.2

Description of efforts to manage nuclear safety and emergency
preparedness

n/aSystemic Risk Management

Grid Resiliency

IF-EU-550a.1

Number of incidents of non-compliance with physical and/or cybersecurity standards or regulations

Number

Systemic Risk Management

Grid Resiliency

IF-EU-550a.2(1) System Average Interruption Duration Index (SAIDI), (2) System
Average Interruption Frequency Index (SAIFI), and (3) Customer
Average Interruption Duration Index (CAIDI), inclusive of major event
days

Minutes, Number

Social Capital

Access & Affordability

Energy Affordability

IF-GU-240a.1

Average retail gas rate for (1) residential, (2) commercial, (3) industrial
customers, and (4) transportation services onlyRate

Gas Utilities & Distributors

Social Capital

Access & Affordability

Energy Affordability

IF-GU-240a.2

Typical monthly gas bill for residential customers for (1) 50 MMBtu and(2) 100 MMBtu of gas delivered per year

Reportingcurrency✔

Infrastructure

Gas Utilities & Distributors

Social Capital

Access & Affordability

Energy Affordability

IF-GU-240a.3

Number of residential customer gas disconnections for non-payment,
percentage reconnected within 30 days

Number,
Percentage (%)✔

Infrastructure

Gas Utilities & Distributors

Social Capital

Access & Affordability

Energy Affordability

IF-GU-240a.4

Discussion of impact of external factors on customer affordability ofgas, including the economic conditions of the service territory

n/aInfrastructure

Gas Utilities & Distributors

Business Model &Innovation

Business Model Resilience

End-Use Efficiency

IF-GU-420a.1

Percentage of gas utility revenues from rate structures that (1) aredecoupled or (2) contain a lost revenue adjustment mechanism(LRAM)

Percentage (%)

Infrastructure

Gas Utilities & Distributors

Business Model &Innovation

Business Model Resilience

Customer gas savings from efficiency measures by market

Million British
Thermal Units(MMBtu)Infrastructure

Gas Utilities & Distributors

Leadership & GovernanceCritical Incident Risk
Management

Integrity of Gas Delivery
Infrastructure

IF-GU-540a.1

Number of (1) reportable pipeline incidents, (2) Corrective Action
Orders (CAO), and (3) Notices of Probable Violation (NOPV)

NumberInfrastructure

Gas Utilities & Distributors

Leadership & GovernanceCritical Incident Risk
Management

Integrity of Gas Delivery
Infrastructure

IF-GU-540a.2

Percentage of distribution pipeline that is (1) cast and/or wrought ironand (2) unprotected steel

Percentage (%)
by length✔

Infrastructure

Gas Utilities & Distributors

Leadership & GovernanceCritical Incident Risk
Management

Integrity of Gas Delivery
Infrastructure

IF-GU-540a.3

Percentage of gas (1) transmission and (2) distribution pipelines
inspected

Percentage (%)
by length✔

Infrastructure

Gas Utilities & Distributors

Leadership & GovernanceCritical Incident Risk
Management

Integrity of Gas Delivery
Infrastructure

IF-GU-540a.4

Description of efforts to manage the integrity of gas delivery infrastructure, including risks related to safety and emissions

n/a

End-Use Efficiency

IF-GU-420a.2

✔

✔

✔

✔

✔

✔

✔

✔

✔

✔

✔

✔

✔

1
List of Disclosure Items and Indicators of ESG InformationDisclosure Frameworks/Standards and Classification Results

List of Disclosure Items and Indicators of ESG InformationDisclosure Frameworks/Standards and Classification Results

182

Air Quality

Greenhouse Gas Emissions & Energy Resource
Planning

Environment

1

GHG Emissions

Appendix

Infrastructure183

Gas Utilities & Distributors

Social Capital

Access & Affordability

Energy Affordability

IF-GU-240a.4

Discussion of impact of external factors on customer affordability ofgas, including the economic conditions of the service territory

n/aInfrastructure

Gas Utilities & Distributors

Business Model &Innovation

Business Model Resilience

End-Use Efficiency

IF-GU-420a.1

Percentage of gas utility revenues from rate structures that (1) aredecoupled or (2) contain a lost revenue adjustment mechanism(LRAM)

Percentage (%)

Customer gas savings from efficiency measures by market

Million British
Thermal Units(MMBtu)Listof Accounting
Meticsof SASB Standards
Gas Utilities& Distributors
Business Model &Infrastructure
Innovation

IF-GU-420a.2

✔

✔

✔

Disclosure Information Category

KPIs

Strategies andpractices

Recognition of ESG
risks and opportunities

Identification ofmateriality

GovernanceCommunication withstakehoders

Massage from director
and/or management

Business model

Summary oforganization or business

Infrastructure

Gas Utilities & Distributors

Leadership & GovernanceCritical Incident Risk
Management

Integrity of Gas Delivery
Infrastructure

IF-GU-540a.1

Number of (1) reportable pipeline incidents, (2) Corrective Action
Orders (CAO), and (3) Notices of Probable Violation (NOPV)

Number

SectorInfrastructure

Industry
Gas Utilities & Distributors

ESG Issue Category
Leadership & Governance

ESG Issue
Critical Incident Risk
Management

Disclosure Topic
Integrity of Gas Delivery
Infrastructure

ID
IF-GU-540a.2

Accounting metic
Percentage of distribution pipeline that is (1) cast and/or wrought ironand (2) unprotected steel

Unit of measure
Percentage (%)
by length

Infrastructure

Gas Utilities & Distributors

Leadership & GovernanceCritical Incident Risk
Management

Integrity of Gas Delivery
Infrastructure

IF-GU-540a.3

Percentage of gas (1) transmission and (2) distribution pipelines
inspected

Percentage (%)
by length

Infrastructure

Gas Utilities & Distributors

Leadership & GovernanceCritical Incident Risk
Management

Integrity of Gas Delivery
Infrastructure

IF-GU-540a.4

Description of efforts to manage the integrity of gas delivery infrastructure, including risks related to safety and emissions

n/a

InfrastructureHome Builders

Environment

Ecological Impacts

Land Use & Ecological
Impacts

IF-HB-160a.1

Number of (1) lots and (2) homes delivered on redevelopment sites

Number✔

✔

InfrastructureHome Builders

Environment

Ecological Impacts

Land Use & Ecological
Impacts

IF-HB-160a.2

Number of (1) lots and (2) homes delivered in regions with High orExtremely High Baseline Water Stress

Number✔

✔

InfrastructureHome Builders

Environment

Ecological Impacts

Land Use & Ecological
Impacts

IF-HB-160a.3

Total amount of monetary losses as a result of legal proceedings
associated with environmental regulations

Reportingcurrency✔

✔

InfrastructureHome Builders

Environment

Ecological Impacts

Land Use & Ecological
Impacts

IF-HB-160a.4

Discussion of process to integrate environmental considerations into
site selection, site design, and site development and construction

n/aInfrastructureHome Builders

Human Capital

Employee Health & Safety

Workforce Health & Safety

IF-HB-320a.1(1) Total recordable incident rate (TRIR) and (2) fatality rate for (a)direct employees and (b) contract employees

Rate

InfrastructureHome Builders

Business Model &Innovation

Product Design & Lifecycle
Management

Design for Resource
Efficiency

IF-HB-410a.1(1) Number of homes that obtained a certified HERS® Index Score and(2) average score

Number, Indexscore

InfrastructureHome Builders

Business Model &Innovation

Product Design & Lifecycle
Management

Design for Resource
Efficiency

IF-HB-410a.2

Percentage of installed water fixtures certified to WaterSense®
specifications

InfrastructureHome Builders

Business Model &Innovation

Product Design & Lifecycle
Management

Design for Resource
Efficiency

IF-HB-410a.3

InfrastructureHome Builders

Business Model &Innovation

Product Design & Lifecycle
Management

Design for Resource
Efficiency

IF-HB-410a.4

InfrastructureHome Builders

Business Model &Innovation

Product Design & Lifecycle
Management

Community Impacts of
New Developments

InfrastructureHome Builders

Business Model &Innovation

Product Design & Lifecycle
Management

InfrastructureHome Builders

Business Model &Innovation

InfrastructureHome Builders

Infrastructure

✔

✔

✔

✔

1
✔

✔

✔

✔

✔

Percentage (%)✔

✔

Number of homes delivered certified to a third-party multi-attributegreen building standard

Number✔

✔

Description of risks and opportunities related to incorporating resource
efficiency into home design, and how benefits are communicated tocustomers

n/a

IF-HB-410b.1

Description of how proximity and access to infrastructure, services, andeconomic centers affect site selection and development decisions

n/aCommunity Impacts of
New Developments

IF-HB-410b.2

Number of (1) lots and (2) homes delivered on infill sites

Number✔

Product Design & Lifecycle
Management

Community Impacts of
New Developments

IF-HB-410b.3(1) Number of homes delivered in compact developments and (2)average density

Number✔

Business Model &Innovation

Business Model Resilience

Climate Change
Adaptation

IF-HB-420a.1

Number of lots located in 100-year flood zones

Number✔

Home Builders

Business Model &Innovation

Business Model Resilience

Climate Change
Adaptation

IF-HB-420a.2

Description of climate change risk exposure analysis, degree ofsystematic portfolio exposure, and strategies for mitigating risksn/a✔

Infrastructure

Real Estate

Environment

Energy Management

Energy Management

IF-RE-130a.1

Energy consumption data coverage as a percentage of total floor area,by property subsector

Percentage (%)
by floor area

Infrastructure

Real Estate

Environment

Energy Management

Energy Management

IF-RE-130a.2(1) Total energy consumed by portfolio area with data coverage, (2)percentage grid electricity, and (3) percentage renewable, by property
subsector

Infrastructure

Real Estate

Environment

Energy Management

Energy Management

IF-RE-130a.3

Infrastructure

Real Estate

Environment

Energy Management

Energy Management

Infrastructure

Real Estate

Environment

Energy Management

Infrastructure

Real Estate

Environment

Infrastructure

Real Estate

Infrastructure

Real Estate

Infrastructure

Real Estate

✔

✔

✔

✔

✔

✔

✔

✔

Gigajoules (GJ),
Percentage (%)✔

✔

Like-for-like percentage change in energy consumption for the portfolio
area with data coverage, by property subsector

Percentage (%)✔

✔

IF-RE-130a.4

Percentage of eligible portfolio that (1) has an energy rating and (2) iscertified to ENERGY STAR, by property subsector

Percentage (%)
by floor area✔

✔

Energy Management

IF-RE-130a.5

Description of how building energy management considerations areintegrated into property investment analysis and operational strategy

n/a✔

Water & Wastewater
Management

Water Management

IF-RE-140a.1

Water withdrawal data coverage as a percentage of (1) total floor areaand (2) floor area in regions with High or Extremely High Baseline
Water Stress, by property subsector

Percentage (%)
by floor area✔

✔

Water & Wastewater
Management

Water Management(1) Total water withdrawn by portfolio area with data coverage and (2)percentage in regions with High or Extremely High Baseline Water
Stress, by property subsector

Thousand cubic
meters (m³),
Percentage (%)✔

✔

Environment

Water & Wastewater
Management

Water Management

IF-RE-140a.3

Like-for-like percentage change in water withdrawn for portfolio areawith data coverage, by property subsector

Percentage (%)✔

✔

Environment

Water & Wastewater
Management

Water Management

IF-RE-140a.4

Description of water management risks and discussion of strategies
and practices to mitigate those risksn/a✔

Environment

IF-RE-140a.2

✔

✔

✔

List of Disclosure Items and Indicators of ESG InformationDisclosure Frameworks/Standards and Classification Results

List of Disclosure Items and Indicators of ESG InformationDisclosure Frameworks/Standards and Classification Results

184

End-Use Efficiency✔

Environment

1

Business Model Resilience✔

Appendix

Infrastructure

185

Environment

Energy Management

Energy Management

IF-RE-130a.3

Like-for-like percentage change in energy consumption for the portfolio
area with data coverage, by property subsector

Percentage (%)

Infrastructure

Real Estate

Environment

Energy Management

Energy Management

IF-RE-130a.4

Percentage of eligible portfolio that (1) has an energy rating and (2) iscertified to ENERGY STAR, by property subsector

Percentage (%)
by floor area

Infrastructure

Real Estate

Environment

Energy Management

Energy Management

IF-RE-130a.5

Description of how building energy management considerations areintegrated into property investment analysis and operational strategy

n/a✔

Infrastructure

Real Estate

Environment

Water & Wastewater
Management

Water Management

IF-RE-140a.1

Water withdrawal data coverage as a percentage of (1) total floor areaand (2) floor area in regions with High or Extremely High Baseline
Water Stress, by property subsector

Percentage (%)
by floor area✔

Infrastructure
SectorReal Estate
Industry

Environment
ESG Issue Category

Water & Wastewater
ESG Issue
Management

WaterDisclosureManagement
Topic

IF-RE-140a.2
ID(1) Total water withdrawn byAccounting
portfolio areawith data coverage and (2)meticpercentage in regions with High or Extremely High Baseline Water
Stress, by property subsector

Thousandcubic
Unitof measure
meters (m³),
Percentage (%)

Infrastructure

Real Estate

Environment

Water & Wastewater
Management

Water Management

IF-RE-140a.3

Like-for-like percentage change in water withdrawn for portfolio areawith data coverage, by property subsector

Percentage (%)✔

Infrastructure

Real Estate

Environment

Water & Wastewater
Management

Water Management

IF-RE-140a.4

Description of water management risks and discussion of strategies
and practices to mitigate those risksn/a✔

Infrastructure

Real EstateBusiness Model &Innovation

Product Design & Lifecycle
Management

Management of Tenant
Sustainability Impacts

IF-RE-410a.1(1) Percentage of new leases that contain a cost recovery clause forresource efficiency-related capital improvements and (2) associatedleased floor area, by property subsector

Percentage (%)
by floor area,
Square feet (ft²)

Infrastructure

Real EstateBusiness Model &Innovation

Product Design & Lifecycle
Management

Management of Tenant
Sustainability Impacts

IF-RE-410a.2

Percentage of tenants that are separately metered or submetered for(1) grid electricity consumption and (2) water withdrawals, by property
subsector

Infrastructure

Real EstateBusiness Model &Innovation

Product Design & Lifecycle
Management

Management of Tenant
Sustainability Impacts

IF-RE-410a.3

Infrastructure

Real EstateBusiness Model &Innovation

Physical Impacts of
Climate Change

Climate Change
Adaptation

Infrastructure

Real EstateBusiness Model &Innovation

Physical Impacts of
Climate Change

Infrastructure

Real Estate Services

Business Model &Innovation

Infrastructure

Real Estate Services

Infrastructure

List of Accounting Metics of SASB Standards✔

✔

✔
Disclosure Information Category
Strategies andpractices

✔

✔

✔

KPIs

Recognition of ESG
risks and opportunities

Identification ofmateriality

GovernanceCommunication withstakehoders

Massage from director
and/or management

Business model✔

Summary oforganization or business

List of Disclosure Items and Indicators of ESG InformationDisclosure Frameworks/Standards and Classification Results

186✔

Environment

1

✔

✔

✔

✔

✔

Percentage (%)
by floor area✔

✔

Discussion of approach to measuring, incentivizing, and improving
sustainability impacts of tenants

n/a✔

IF-RE-450a.1

Area of properties located in 100-year flood zones, by property
subsector

Square feet (ft²)✔

Climate Change
Adaptation

IF-RE-450a.2

Description of climate change risk exposure analysis, degree ofsystematic portfolio exposure, and strategies for mitigating risks

n/a✔

Product Design & Lifecycle
Management

Sustainability Services

IF-RS-410a.1

Revenue from energy and sustainability services

Reportingcurrency✔

✔

Business Model &Innovation

Product Design & Lifecycle
Management

Sustainability Services

IF-RS-410a.2(1) Floor area and (2) number of buildings under management provided
with energy and sustainability services

Square feet (ft²),
Number✔

✔

Real Estate Services

Business Model &Innovation

Product Design & Lifecycle
Management

Sustainability Services

IF-RS-410a.3(1) Floor area and (2) number of buildings under management thatobtained an energy rating

Square feet (ft²),
Number✔

✔

Infrastructure

Real Estate Services

Leadership & GovernanceBusiness Ethics

Transparent Information &Management of Conflict ofInterest

IF-RS-510a.1

Brokerage revenue from dual agency transactions

Reportingcurrency✔

Infrastructure

Real Estate Services

Transparent Information &Management of Conflict ofInterest

IF-RS-510a.2

Reportingcurrency✔

Infrastructure

Real Estate Services

Transparent Information &Management of Conflict ofInterest

IF-RS-510a.3

Total amount of monetary losses as a result of legal proceedings
associated with professional integrity, including duty of care

Reportingcurrency✔

Infrastructure

Waste Management

Greenhouse Gas
Emissions

IF-WM-110a.1(1) Gross global Scope 1 emissions, percentage covered under (2)emissions-limiting regulations, and (3) emissions-reporting regulations

Metric tons(t) CO2-e,
Percentage (%)✔

✔

Infrastructure

Waste Management

Greenhouse Gas
Emissions

IF-WM-110a.2(1) Total landfill gas generated, (2) percentage flared, (3) percentage
used for energy

Million British
Thermal Units(MMBtu),Percentage (%)✔

✔

Greenhouse Gas
Emissions

IF-WM-110a.3

Discussion of long-term and short-term strategy or plan to manage
Scope 1 and lifecycle emissions, emissions reduction targets, and ananalysis of performance against those targets

n/a

Leadership & Governance

Leadership & Governance

Environment

Environment

Environment

Business Ethics

Business Ethics

GHG Emissions

GHG Emissions

GHG Emissions

Revenue from transactions associated with appraisal services

1

✔

✔

✔

✔

Infrastructure

Waste Management

Infrastructure

Waste Management

Environment

GHG Emissions

Fleet Fuel Management

IF-WM-110b.1(1) Fleet fuel consumed, (2) percentage natural gas, (3) percentage
renewable

Gigajoules (GJ),
Percentage (%)✔

✔

Infrastructure

Waste Management

Environment

GHG Emissions

Fleet Fuel Management

IF-WM-110b.2

Percentage of alternative fuel vehicles in fleet

Percentage (%)✔

✔

Infrastructure

Waste Management

Environment

Air Quality

Air Quality

IF-WM-120a.1

Air emissions of the following pollutants: (1) NOx (excluding N2O), (2)SOx, (3) volatile organic compounds (VOCs), and (4) hazardous air
pollutants (HAPs)

Metric tons (t)✔

✔

Infrastructure

Waste Management

Environment

Air Quality

Air Quality

IF-WM-120a.2

Number of facilities in or near areas of dense population

Number✔

✔

Infrastructure

Waste Management

Environment

Air Quality

Air Quality

IF-WM-120a.3

Number of incidents of non-compliance associated with air emissions

Number✔

✔

Infrastructure

Waste Management

Environment

Waste & Hazardous
Materials Management

Management of Leachate& Hazardous Waste

IF-WM-150a.1(1) Total Toxic Release Inventory (TRI) releases, (2) percentage
released to water

Metric tons (t),Percentage (%)✔

✔

Infrastructure

Waste Management

Environment

Waste & Hazardous
Materials Management

Management of Leachate& Hazardous Waste

IF-WM-150a.2

Number of corrective actions implemented for landfill releases

Number✔

✔

✔

✔

List of Disclosure Items and Indicators of ESG InformationDisclosure Frameworks/Standards and Classification Results

Real Estate

Appendix

Infrastructure

187

Disclosure Information Category

Management of Leachate& Hazardous Waste

IF-WM-150a.3

Number of incidents of non-compliance associated with environmental
impacts

NumberInfrastructure

Waste Management

Human Capital

Labor Practices

Labor Practices

IF-WM-310a.1

Percentage of active workforce covered under collective bargaining
agreements

Percentage (%)

Infrastructure

Waste Management

Human Capital

Labor Practices

Labor Practices

IF-WM-310a.2(1) Number of work stoppages and (2) total days idle

Number, Days
idle

Infrastructure

Waste Management

Human Capital

Employee Health & Safety

Workforce Health & Safety

IF-WM-320a.1(1) Total recordable incident rate (TRIR), (2) fatality rate, and (3) near
miss frequency rate (NMFR) for (a) direct employees and (b) contract
employees

Rate

Safety Measurement System BASIC percentiles for: (1) Unsafe Driving,(2) Hours-of-Service Compliance, (3) Driver Fitness, (4) Controlled
Substances/Alcohol, (5) Vehicle Maintenance, and (6) Hazardous
Materials Compliance

Percentile

List of Disclosure Items and Indicators of ESG InformationDisclosure Frameworks/Standards and Classification Results

Infrastructure

Waste Management

Human Capital

Employee Health & Safety

Workforce Health & Safety

IF-WM-320a.2

✔

✔

✔

✔

✔

Infrastructure

Waste Management

Human Capital

Employee Health & Safety

Workforce Health & Safety

IF-WM-320a.3

Number of road accidents and incidents

NumberInfrastructure

Waste Management

Business Model &Innovation

Business Model Resilience

Recycling & Resource
Recovery

IF-WM-420a.1(1) Amount of waste incinerated, (2) percentage hazardous, (3)percentage used for energy recovery

Metric tons (t),Percentage (%)

Infrastructure

Waste Management

Business Model &Innovation

Business Model Resilience

Recycling & Resource
Recovery

IF-WM-420a.2

Percentage of customers receiving (1) recycling and (2) composting
services, by customer type

Infrastructure

Waste Management

Business Model &Innovation

Business Model Resilience

Recycling & Resource
Recovery

IF-WM-420a.3

Infrastructure

Waste Management

Business Model &Innovation

Business Model Resilience

Recycling & Resource
RecoveryInfrastructure

Water Utilities & Services

Environment

Energy Management

Infrastructure

Water Utilities & Services

Environment

Infrastructure

Water Utilities & Services

Infrastructure✔
✔

✔

Percentage (%)✔

✔

Amount of material (1) recycled, (2) composted, and (3) processed aswaste-to-energy

Metric tons (t)✔

✔

IF-WM-420a.4

Amount of electronic waste collected, percentage recovered throughrecycling

Metric tons (t),Percentage (%)✔

✔

Energy Management

IF-WU-130a.1(1) Total energy consumed, (2) percentage grid electricity, (3)percentage renewable

Gigajoules (GJ),
Percentage (%)✔

✔

Water & Wastewater
Management

Distribution Network
Efficiency

IF-WU-140a.1

Water main replacement rate

Rate

✔

✔

Environment

Water & Wastewater
Management

Distribution Network
Efficiency

IF-WU-140a.2

Volume of non-revenue real water losses

Thousand cubic
meters (m³)✔

✔

Water Utilities & Services

Environment

Water & Wastewater
Management

Effluent Quality Management

IF-WU-140b.1

Number of incidents of non-compliance associated with water effluent
quality permits, standards, and regulations

Number✔

✔

Infrastructure

Water Utilities & Services

Environment

Water & Wastewater
Management

Effluent Quality Management

IF-WU-140b.2

Discussion of strategies to manage effluents of emerging concern

n/a✔

Infrastructure

Water Utilities & Services

Social Capital

Access & Affordability

Water Affordability &AccessIF-WU-240a.1

Average retail water rate for (1) residential, (2) commercial, and (3)industrial customers

Rate

Infrastructure

Water Utilities & Services

Social Capital

Access & Affordability

Water Affordability &AccessIF-WU-240a.2

Typical monthly water bill for residential customers for 10 Ccf of water
delivered per month

Reportingcurrency✔

Infrastructure

Water Utilities & Services

Social Capital

Access & Affordability

Water Affordability &AccessIF-WU-240a.3

Number of residential customer water disconnections for non-payment,
percentage reconnected within 30 days

Number,
Percentage (%)✔

Infrastructure

Water Utilities & Services

Social Capital

Access & Affordability

Water Affordability &AccessIF-WU-240a.4

Discussion of impact of external factors on customer affordability ofwater, including the economic conditions of the service territory

n/aInfrastructure

Water Utilities & Services

Social Capital

Product Quality & Safety

Drinking Water Quality

IF-WU-250a.1

Number of (1) acute health-based, (2) non-acute health-based, and (3)non-health-based drinking water violations

NumberInfrastructure

Water Utilities & Services

Social Capital

Product Quality & Safety

Drinking Water Quality

IF-WU-250a.2

Discussion of strategies to manage drinking water contaminants ofemerging concern

n/aInfrastructure

Water Utilities & Services

Business Model &Innovation

Business Model Resilience

End-Use Efficiency

IF-WU-420a.1

Percentage of water utility revenues from rate structures that aredesigned to promote conservation and revenue resilience

Percentage (%)

Infrastructure

Water Utilities & Services

Business Model &Innovation

Business Model Resilience

End-Use Efficiency

IF-WU-420a.2

Customer water savings from efficiency measures, by market

Infrastructure

Water Utilities & Services

Business Model &Innovation

Materials Sourcing &Efficiency

Water Supply Resilience

IF-WU-440a.1

Total water sourced from regions with High or Extremely High Baseline
Water Stress, percentage purchased from a third party

✔

✔

✔

✔

✔

✔

✔

Cubic meters
(m³)

✔

✔

Thousand cubic
meters (m³),
Percentage (%)✔

✔

1
List of Disclosure Items and Indicators of ESG InformationDisclosure Frameworks/Standards and Classification Results

Waste & Hazardous
Materials Management

KPIs

Environment

Strategies andpractices

Waste Management

Recognition of ESG
risks and opportunities✔

Infrastructure

1

188

Unit of measure

Identification ofmateriality

Accounting metic

GovernanceID

Communication withstakehoders

Disclosure Topic

Massage from director
and/or management

ESG Issue

Business model

ESG Issue Category

Summary oforganization or businessIndustry

Environment

SectorAppendix

List of Accounting Metics of SASB Standards

189

Access
Social Capital

Access & Affordability

Water Affordability &AccessIF-WU-240a.3

Number of residential customer water disconnections for non-payment,
percentage reconnected within 30 days

Number,
Percentage (%)

Infrastructure

Water Utilities & Services

Social Capital

Access & Affordability

Water Affordability &AccessIF-WU-240a.4

Discussion of impact of external factors on customer affordability ofwater, including the economic conditions of the service territory

n/a

✔

✔

Infrastructure

Water Utilities & Services

Social Capital

Product Quality & Safety

Drinking Water Quality

IF-WU-250a.1

Number of (1) acute health-based, (2) non-acute health-based, and (3)non-health-based drinking water violations

NumberInfrastructure

Water Utilities & Services

Social Capital

Product Quality & Safety

Drinking Water Quality

IF-WU-250a.2

Discussion of strategies to manage drinking water contaminants ofemerging concern

n/aSectorInfrastructure

Industry
Water Utilities & Services

ESG Issue Category
Business Model &Innovation

ESG Issue
Business Model Resilience

Disclosure Topic
End-Use Efficiency

ID
IF-WU-420a.1

Accounting metic
Percentage of water utility revenues from rate structures that aredesigned to promote conservation and revenue resilience

Unit of measure
Percentage (%)

Infrastructure

Water Utilities & Services

Business Model &Innovation

Business Model Resilience

End-Use Efficiency

IF-WU-420a.2

Customer water savings from efficiency measures, by market

Cubic meters(m³)✔

Infrastructure

Water Utilities & Services

Business Model &Innovation

Materials Sourcing &Efficiency

Water Supply Resilience

IF-WU-440a.1

Total water sourced from regions with High or Extremely High Baseline
Water Stress, percentage purchased from a third party

Thousand cubic
meters (m³),
Percentage (%)✔

✔

Infrastructure

Water Utilities & Services

Business Model &Innovation

Materials Sourcing &Efficiency

Water Supply Resilience

IF-WU-440a.2

Volume of recycled water delivered to customers

Thousand cubic
meters (m³)✔

✔

Infrastructure

Water Utilities & Services

Business Model &Innovation

Materials Sourcing &Efficiency

Water Supply Resilience

IF-WU-440a.3

Discussion of strategies to manage risks associated with the quality
and availability of water resources

n/a✔

Infrastructure

Water Utilities & Services

Business Model &Innovation

Physical Impacts of
Climate Change

Network Resiliency& Impacts of Climate
ChangeIF-WU-450a.1

Wastewater treatment capacity located in 100-year flood zones

Cubic meters(m³) per day✔

✔

Infrastructure

Water Utilities & Services

Business Model &Innovation

Physical Impacts of
Climate Change

Network Resiliency& Impacts of Climate
ChangeIF-WU-450a.2✔

✔

Infrastructure

Water Utilities & Services

Business Model &Innovation

Physical Impacts of
Climate Change

Network Resiliency& Impacts of Climate
ChangeIF-WU-450a.3✔

✔

Infrastructure

Water Utilities & Services

Business Model &Innovation

Physical Impacts of
Climate Change

Network Resiliency& Impacts of Climate
ChangeIF-WU-450a.4

Renewable
Resources &Alternative Energy

Biofuels

Environment

Air Quality

Air Quality

RR-BI-120a.1

Renewable
Resources &Alternative Energy

Biofuels

Environment

Air Quality

Air Quality

Renewable
Resources &Alternative Energy

Biofuels

Environment

Water & Wastewater
Management

Renewable
Resources &Alternative Energy

Biofuels

Environment

Renewable
Resources &Alternative Energy

Biofuels

Renewable
Resources &Alternative Energy

Biofuels

Renewable
Resources &Alternative Energy

Biofuels

Renewable
Resources &Alternative Energy

Biofuels

Renewable
Resources &Alternative Energy

Number

Water Management in
Manufacturing

RR-BI-140a.1(1) Total water withdrawn, (2) total water consumed, percentage ofeach in regions with High or Extremely High Baseline Water StressThousand cubic
meters (m³),
Percentage (%)

Water & Wastewater
Management

Water Management in
Manufacturing

RR-BI-140a.2

Description of water management risks and discussion of strategies
and practices to mitigate those risksn/aEnvironment

Water & Wastewater
Management

Water Management in
Manufacturing

RR-BI-140a.3

Number of incidents of non-compliance associated with water quality
permits, standards, and regulations

NumberBusiness Model &Innovation

Product Design & Lifecycle
Management

Lifecycle Emissions
Balance

RR-BI-410a.1

Lifecycle greenhouse gas (GHG) emissions, by biofuel type

Grams of CO2-e
per megajoule(MJ)

Business Model &Innovation

Supply Chain Management

Sourcing & Environmental
Impacts of Feedstock
Production

RR-BI-430a.1

Business Model &Innovation

Supply Chain Management

Sourcing & Environmental
Impacts of Feedstock
Production

RR-BI-430a.2

Biofuels

Leadership & GovernanceManagement of the Legal& Regulatory Environment

Management of the Legal& Regulatory Environment

Renewable
Resources &Alternative Energy

Biofuels

Leadership & GovernanceManagement of the Legal& Regulatory Environment

Renewable
Resources &Alternative Energy

Biofuels

Renewable
Resources &Alternative Energy

Fuel Cells & Industrial
Batteries

Renewable
Resources &Alternative Energy

Fuel Cells & Industrial
Batteries

Discussion of strategy to manage risks associated with environmental
impacts of feedstock productionn/aPercentage of biofuel production third-party certified to an environmental sustainability standard

Percentage (%)
of gallons

RR-BI-530a.1

Amount of subsidies received through government programs

Reportingcurrency

Management of the Legal& Regulatory Environment

RR-BI-530a.2

Discussion of corporate positions related to government regulations
and/or policy proposals that address environmental and social factors
affecting the industry

n/aCritical Incident Risk
Management

Operational Safety,
Emergency Preparedness& Response

RR-BI-540a.1

Process Safety Incidents Count (PSIC), Process Safety Total Incident
Rate (PSTIR), and Process Safety Incident Severity Rate (PSISR)

Number, Rate

Environment

Energy Management

Energy Management

RR-FC-130a.1(1) Total energy consumed, (2) percentage grid electricity, (3)percentage renewable

Gigajoules (GJ),
Percentage (%)

Human Capital

Employee Health & Safety

Workforce Health & Safety

RR-FC-320a.1(1) Total recordable incident rate (TRIR) and (2) fatality rate

Rate

Leadership & Governance

✔

✔

✔

✔

✔

✔

✔

✔

✔

✔

✔

✔

✔

✔

✔

✔

✔

✔

✔

✔

✔

✔

✔

✔

✔

1
List of Disclosure Items and Indicators of ESG InformationDisclosure Frameworks/Standards and Classification Results

Number of incidents of non-compliance associated with air quality
permits, standards, and regulations

✔

KPIs

RR-BI-120a.2

Strategies andpractices

Metric tons (t)Recognition of ESG
risks and opportunities

Air emissions of the following pollutants: (1) NOx (excluding N2O), (2)SOx, (3) volatile organic compounds (VOCs), (4) particulate matter(PM10), and (5) hazardous air pollutants (HAPs)✔

Identification ofmateriality

n/a

Governance

Description of efforts to identify and manage risks and opportunities
related to the impact of climate change on distribution and wastewater
infrastructure

Communication withstakehoders

NumberMassage from director
and/or management(1) Number of unplanned service disruptions, and (2) customers
affected, each by duration category

Business model

Number, Cubic
meters (m³),
Percentage (%)✔

Summary oforganization or business(1) Number and (2) volume of sanitary sewer overflows (SSO), (3)percentage of volume recovered✔

Disclosure Information Category

Appendix

Water Utilities & Services✔

Environment

List of Disclosure Items and Indicators of ESG InformationDisclosure Frameworks/Standards and Classification Results

190

currency

Infrastructure

List of Accounting Metics of SASB Standards

1

delivered per month

✔

✔

✔

✔

191

Biofuels

Business Model &Innovation

Supply Chain Management

Sourcing & Environmental
Impacts of Feedstock
Production

RR-BI-430a.2

Percentage (%)
of gallons

Renewable
Resources &Alternative Energy

Biofuels

Leadership & GovernanceManagement of the Legal& Regulatory Environment

Management of the Legal& Regulatory Environment

RR-BI-530a.1

Amount of subsidies received through government programs

Reportingcurrency

Renewable
Resources &Alternative Energy

BiofuelsManagement of the Legal& Regulatory Environment

Management of the Legal& Regulatory Environment

RR-BI-530a.2

Discussion of corporate positions related to government regulations
and/or policy proposals that address environmental and social factors
affecting the industry

n/a

Renewable
Resources&
Sector
Alternative Energy

Biofuels

Leadership & Governance
ESG Issue Category

Critical Incident Risk
Management
ESG Issue

Operational Safety,
Emergency
Preparedness
Disclosure
Topic& Response

RR-BI-540a.1
ID

Process Safety Incidents Count (PSIC), Process Safety Total Incident
Rate (PSTIR), and Process Accounting
Safety Incident
Severity Rate (PSISR)
metic

Number, Rate
Unit of measure

Renewable
Resources &Alternative Energy

Fuel Cells & Industrial
Batteries

Environment

Energy Management

Energy Management

RR-FC-130a.1(1) Total energy consumed, (2) percentage grid electricity, (3)percentage renewable

Gigajoules (GJ),
Percentage (%)✔

Renewable
Resources &Alternative Energy

Fuel Cells & Industrial
Batteries

Human Capital

Employee Health & Safety

Workforce Health & Safety

RR-FC-320a.1(1) Total recordable incident rate (TRIR) and (2) fatality rate

Rate

Renewable
Resources &Alternative Energy

Fuel Cells & Industrial
Batteries

Human Capital

Employee Health & Safety

Workforce Health & Safety

RR-FC-320a.2

Description of efforts to assess, monitor, and reduce exposure ofworkforce to human health hazards

n/aRenewable
Resources &Alternative Energy

Fuel Cells & Industrial
Batteries

Business Model &Innovation

Product Design & Lifecycle
Management

Product Efficiency

RR-FC-410a.1

Average storage capacity of batteries, by product application andtechnology typeSpecific energy(Wh/kg)Renewable
Resources &Alternative Energy

Fuel Cells & Industrial
Batteries

Business Model &Innovation

Product Design & Lifecycle
Management

Product Efficiency

RR-FC-410a.2

Average energy efficiency of fuel cells as (1) electrical efficiency and(2) thermal efficiency, by product application and technology type

Percentage (%)

Renewable
Resources &Alternative Energy

Fuel Cells & Industrial
Batteries

Business Model &Innovation

Product Design & Lifecycle
Management

Product Efficiency

RR-FC-410a.3

Average battery efficiency as coulombic efficiency, by productapplication and technology type

Percentage (%)

Renewable
Resources &Alternative Energy

Fuel Cells & Industrial
Batteries

Business Model &Innovation

Product Design & Lifecycle
Management

Product Efficiency

RR-FC-410a.4

Average operating lifetime of fuel cells, by product application andtechnology type

Hours (h)Renewable
Resources &Alternative Energy

Fuel Cells & Industrial
Batteries

Business Model &Innovation

Product Design & Lifecycle
Management

Product Efficiency

RR-FC-410a.5

Average operating lifetime of batteries, by product application andtechnology type

Number of cycles

Renewable
Resources &Alternative Energy

Fuel Cells & Industrial
Batteries

Business Model &Innovation

Product Design & Lifecycle
Management

Product End-of-life
Management

RR-FC-410b.1

Percentage of products sold that are recyclable or reusable

Renewable
Resources &Alternative Energy

Fuel Cells & Industrial
Batteries

Business Model &Innovation

Product Design & Lifecycle
Management

Product End-of-life
Management

RR-FC-410b.2

Renewable
Resources &Alternative Energy

Fuel Cells & Industrial
Batteries

Business Model &Innovation

Product Design & Lifecycle
Management

Product End-of-life
Management

Renewable
Resources &Alternative Energy

Fuel Cells & Industrial
Batteries

Business Model &Innovation

Materials Sourcing &Efficiency

Renewable
Resources &Alternative Energy

Forestry Management

Environment

Renewable
Resources &Alternative Energy

Forestry Management

Renewable
Resources &Alternative Energy

✔

✔

✔

List of Accounting Metics of SASB Standards✔
KPIs

Strategies andpractices

Recognition of ESG
risks and opportunities

Identification ofmateriality

GovernanceCommunication withstakehoders

Massage from director
and/or management

Business model

✔

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✔

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✔

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✔

✔

Percentage (%)
by weight✔

✔

Weight of end-of-life material recovered, percentage recycled

Metric tons (t),Percentage (%)✔

✔

RR-FC-410b.3

Description of approach to manage use, reclamation, and disposal ofhazardous materials

n/aMaterials Sourcing

RR-FC-440a.1

Description of the management of risks associated with the use ofcritical materials

n/aEcological Impacts

Ecosystem Services &Impacts

RR-FM-160a.1

Area of forestland certified to a third-party forest management
standard, percentage certified to each standard

Acres (ac),Percentage (%)

Environment

Ecological Impacts

Ecosystem Services &Impacts

RR-FM-160a.2

Area of forestland with protected conservation status

Acres (ac)Forestry Management

Environment

Ecological Impacts

Ecosystem Services &Impacts

RR-FM-160a.3

Area of forestland in endangered species habitat

Acres (ac)Renewable
Resources &Alternative Energy

Forestry Management

Environment

Ecological Impacts

Ecosystem Services &Impacts

RR-FM-160a.4

Description of approach to optimizing opportunities from ecosystemservices provided by forestlands

n/aRenewable
Resources &Alternative Energy

Forestry Management

Social Capital

Human Rights & Community Relations

Rights of Indigenous
Peoples

RR-FM-210a.1

Area of forestland in indigenous land

Acres (ac)Renewable
Resources &Alternative Energy

Forestry Management

Social Capital

Human Rights & Community Relations

Rights of Indigenous
Peoples

RR-FM-210a.2

Description of engagement processes and due diligence practices withrespect to human rights, indigenous rights, and the local community

n/a

Renewable
Resources &Alternative Energy

Forestry Management

Business Model &Innovation

Physical Impacts of
Climate Change

Climate Change
Adaptation

RR-FM-450a.1

Description of strategy to manage opportunities for and risks to forest
management and timber production presented by climate changen/aRenewable
Resources &Alternative Energy

Pulp & Paper Products

Environment

GHG Emissions

Greenhouse Gas
Emissions

RR-PP-110a.1

Gross global Scope 1 emissions

Metric tons (t)CO2-eRenewable
Resources &Alternative Energy

Pulp & Paper Products

Environment

GHG Emissions

Greenhouse Gas
Emissions

RR-PP-110a.2

Discussion of long-term and short-term strategy or plan to manage
Scope 1 emissions, emissions reduction targets, and an analysis ofperformance against those targets

n/a

Renewable
Resources &Alternative Energy

Pulp & Paper Products

Air Quality

RR-PP-120a.1

Air emissions of the following pollutants: (1) NOx (excluding N2O), (2)SO2, (3) volatile organic compounds (VOCs), (4) particulate matter(PM), and (5) hazardous air pollutants (HAPs)

Metric tons (t)Environment

Air Quality

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✔

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1
List of Disclosure Items and Indicators of ESG InformationDisclosure Frameworks/Standards and Classification Results

List of Disclosure Items and Indicators of ESG InformationDisclosure Frameworks/Standards and Classification Results

192

Industry

Disclosure Information Category✔
Summary oforganization or business1

Leadership & GovernanceAppendix

Percentage of biofuel production third-party certified to an environmental sustainability standard

Environment

Renewable
Resources &Alternative Energy

✔

✔

✔

193

Resources &Alternative Energy

Impacts

Rights of Indigenous
Peoples

RR-FM-210a.2

Description of engagement processes and due diligence practices withrespect to human rights, indigenous rights, and the local community

n/a

Renewable
Resources &Alternative Energy

Forestry Management

Business Model &Innovation

Physical Impacts of
Climate Change

Climate Change
Adaptation

RR-FM-450a.1

Description of strategy to manage opportunities for and risks to forest
management and timber production presented by climate changen/aRenewable
SectorResources&
Alternative Energy

Pulp & Paper Products
Industry

Environment
ESG Issue Category

GHG Emissions
ESG Issue

Greenhouse Gas
Disclosure Topic
Emissions

RR-PP-110a.1
ID

Gross global Scope 1 emissions
Accounting metic

Metric tons (t)Unitof measure
CO2-e

Renewable
Resources &Alternative Energy

Pulp & Paper Products

Environment

GHG Emissions

Greenhouse Gas
Emissions

RR-PP-110a.2

Discussion of long-term and short-term strategy or plan to manage
Scope 1 emissions, emissions reduction targets, and an analysis ofperformance against those targets

n/a

Renewable
Resources &Alternative Energy

Pulp & Paper Products

Air Quality

RR-PP-120a.1

Air emissions of the following pollutants: (1) NOx (excluding N2O), (2)SO2, (3) volatile organic compounds (VOCs), (4) particulate matter(PM), and (5) hazardous air pollutants (HAPs)

Metric tons (t)Renewable
Resources &Alternative Energy

Pulp & Paper Products(1) Total energy consumed, (2) percentage grid electricity, (3)percentage from biomass, (4) percentage from other renewableenergy, (5) total self-generated energy

Gigajoules (GJ),
Percentage (%)

Renewable
Resources &Alternative Energy

Pulp & Paper Products(1) Total water withdrawn, (2) total water consumed, percentage ofeach in regions with High or Extremely High Baseline Water StressThousand cubic
meters (m³),
Percentage (%)

Renewable
Resources &Alternative Energy

Pulp & Paper Products

Renewable
Resources &Alternative Energy

Pulp & Paper Products

Renewable
Resources &Alternative Energy

List of Disclosure Items and Indicators of ESG InformationDisclosure Frameworks/Standards and Classification Results

194

Environment

Environment

Environment

Air Quality

Energy Management

Energy Management

RR-PP-130a.1

RR-PP-140a.1

✔

✔

✔

✔

Water & Wastewater
Management

Water Management

Environment

Water & Wastewater
Management

Water Management

RR-PP-140a.2

Description of water management risks and discussion of strategies
and practices to mitigate those risksn/aBusiness Model &Innovation

Supply Chain Management

Supply Chain Management

RR-PP-430a.1

Percentage of wood fiber sourced from (1) third-party certified
forestlands and percentage to each standard and (2) meeting otherfiber sourcing standards and percentage to each standard

Percentage (%)
by weight

Pulp & Paper Products

Business Model &Innovation

Supply Chain Management

Supply Chain Management

RR-PP-430a.2

Amount of recycled and recovered fiber procured

Metric tons (t)Renewable
Resources &Alternative Energy

Solar Technology & Project
Developers

Environment

Energy Management

Energy Management in
Manufacturing

RR-ST-130a.1(1) Total energy consumed, (2) percentage grid electricity, (3)percentage renewable

Renewable
Resources &Alternative Energy

Solar Technology & Project
Developers

Environment

Water & Wastewater
Management

Water Management in
Manufacturing

RR-ST-140a.1

Renewable
Resources &Alternative Energy

Solar Technology & Project
Developers

Environment

Water & Wastewater
Management

Water Management in
Manufacturing

Renewable
Resources &Alternative Energy

Solar Technology & Project
Developers

Environment

Waste & Hazardous
Materials Management

Renewable
Resources &Alternative Energy

Solar Technology & Project
Developers

Environment

Renewable
Resources &Alternative Energy

Solar Technology & Project
Developers

Renewable
Resources &Alternative Energy

Disclosure Information Category

✔

✔

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✔

✔

✔

✔

✔

1
✔

✔

✔

✔

✔

✔

✔

Gigajoules (GJ),
Percentage (%)✔

✔

(1) Total water withdrawn, (2) total water consumed, percentage ofeach in regions with High or Extremely High Baseline Water StressThousand cubic
meters (m³),
Percentage (%)✔

✔

RR-ST-140a.2

Description of water management risks and discussion of strategies
and practices to mitigate those risksn/aHazardous Waste
Management

RR-ST-150a.1

Amount of hazardous waste generated, percentage recycled

Metric tons (t),Percentage (%)✔

✔

Waste & Hazardous
Materials Management

Hazardous Waste
Management

RR-ST-150a.2

Number and aggregate quantity of reportable spills, quantity recovered

Number,
Kilograms (kg)✔

✔

Environment

Ecological Impacts

Ecological Impacts ofProject Development

RR-ST-160a.1

Number and duration of project delays related to ecological impacts

Number, Days✔

✔

Solar Technology & Project
Developers

Environment

Ecological Impacts

Ecological Impacts ofProject Development

RR-ST-160a.2

Description of efforts in solar energy system project development toaddress community and ecological impacts

n/aRenewable
Resources &Alternative Energy

Solar Technology & Project
Developers

Business Model &Innovation

Product Design & Lifecycle
Management

Management of Energy
Infrastructure Integration &Related Regulations

RR-ST-410a.1

Description of risks associated with integration of solar energy into
existing energy infrastructure and discussion of efforts to manage those
risks

n/a

Renewable
Resources &Alternative Energy

Solar Technology & Project
Developers

Business Model &Innovation

Product Design & Lifecycle
Management

Management of Energy
Infrastructure Integration &Related Regulations

RR-ST-410a.2

Description of risks and opportunities associated with energy policy
and its impact on the integration of solar energy into existing energy
infrastructuren/a

Renewable
Resources &Alternative Energy

Solar Technology & Project
Developers

Business Model &Innovation

Product Design & Lifecycle
Management

Product End-of-life
Management

RR-ST-410b.1

Percentage of products sold that are recyclable or reusable

Percentage (%)

Renewable
Resources &Alternative Energy

Solar Technology & Project
Developers

Business Model &Innovation

Product Design & Lifecycle
Management

Product End-of-life
Management

RR-ST-410b.2

Weight of end-of-life material recovered, percentage recycled

Metric tons (t),Percentage (%)

Renewable
Resources &Alternative Energy

Solar Technology & Project
Developers

Business Model &Innovation

Product Design & Lifecycle
Management

Product End-of-life
Management

RR-ST-410b.3

Percentage of products by revenue that contain IEC 62474 declarable
substances, arsenic compounds, antimony compounds, or beryllium
compounds

Percentage (%)

Renewable
Resources &Alternative Energy

Solar Technology & Project
Developers

Business Model &Innovation

Product Design & Lifecycle
Management

Product End-of-life
Management

RR-ST-410b.4

Description of approach and strategies to design products for highvalue recycling

n/a

Renewable
Resources &Alternative Energy

Solar Technology & Project
Developers

Business Model &Innovation

Materials Sourcing &Efficiency

Materials Sourcing

RR-ST-440a.1

Description of the management of risks associated with the use ofcritical materials

n/a

✔

✔

✔

✔

✔

✔

✔

✔

✔

✔

✔

✔

✔

✔

✔

✔

✔

✔

✔

List of Disclosure Items and Indicators of ESG InformationDisclosure Frameworks/Standards and Classification Results

Human Rights & Community Relations

AppendixSocial Capital

KPIs

Forestry Management

Strategies andpractices

Renewable
Resources &✔

Recognition of ESG
risks and opportunities

Acres (ac)

Identification ofmateriality

Area of forestland in indigenous land

Governance

RR-FM-210a.1

Communication withstakehoders

Rights of Indigenous
Peoples

Massage from director
and/or management

Human Rights & Community Relations

Business modelSocial Capital✔

Summary oforganization or business

Forestry Management

Environment

Renewable
Resources &Alternative Energy

Listof Accounting
Metics of SASB Standards
Alternative
Energy1✔

services provided by forestlands

195

Related Regulations
Product Design & Lifecycle
Management

Management of Energy
Infrastructure Integration &Related Regulations

RR-ST-410a.2

Solar Technology & Project
Business Model &Renewable
Resources &Developers
Innovation
Alternative
EnergyListof Accounting
Metics of SASB Standards

Product Design & Lifecycle
Management

Product End-of-life
Management

RR-ST-410b.1

Percentage of products sold that are recyclable or reusable

Percentage (%)

✔

✔

✔

✔

Renewable
Resources &Alternative Energy

Solar Technology & Project
Developers

Business Model &Innovation

Product Design & Lifecycle
Management

Product End-of-life
Management

RR-ST-410b.2

Weight of end-of-life material recovered, percentage recycled

Metric tons (t),Percentage (%)

Renewable
Resources&
Sector
Alternative Energy

Solar Technology & Project
Developers
Industry

Business Model &Innovation
ESG Issue Category

Product Design & Lifecycle
Management
ESG Issue

Product End-of-life
Management
Disclosure Topic

RR-ST-410b.3
ID

Percentage of products by revenue that contain IEC 62474 declarable
substances, arsenic compounds,
antimony
Accounting
meticcompounds, or beryllium
compounds

Percentage (%)
Unit of measure

Renewable
Resources &Alternative Energy

Solar Technology & Project
Developers

Business Model &Innovation

Product Design & Lifecycle
Management

Product End-of-life
Management

RR-ST-410b.4

Description of approach and strategies to design products for highvalue recycling

n/a

Renewable
Resources &Alternative Energy

Solar Technology & Project
Developers

Business Model &Innovation

Materials Sourcing &Efficiency

Materials Sourcing

RR-ST-440a.1

Description of the management of risks associated with the use ofcritical materials

n/aRenewable
Resources &Alternative Energy

Solar Technology & Project
Developers

Business Model &Innovation

Materials Sourcing &Efficiency

Materials Sourcing

RR-ST-440a.2

Description of the management of environmental risks associated withthe polysilicon supply chain

n/a

Renewable
Resources &Alternative Energy

Wind Technology & Project
Developers

Human Capital

Employee Health & Safety

Workforce Health & Safety

RR-WT-320a.1(1) Total recordable incident rate (TRIR) and (2) fatality rate for (a)direct employees and (b) contract employees

Rate

Renewable
Resources &Alternative Energy

Wind Technology & Project
Developers

Business Model &Innovation

Product Design & Lifecycle
Management

Ecological Impacts ofProject Development

RR-WT-410a.1

Average A-weighted sound power level of wind turbines, by windturbine classdB(A)Renewable
Resources &Alternative Energy

Wind Technology & Project
Developers

Business Model &Innovation

Product Design & Lifecycle
Management

Ecological Impacts ofProject Development

RR-WT-410a.2

Backlog cancellations associated with community or ecologicalimpacts

Reportingcurrency

Renewable
Resources &Alternative Energy

Wind Technology & Project
Developers

Business Model &Innovation

Product Design & Lifecycle
Management

Ecological Impacts ofProject Development

RR-WT-410a.3

Description of efforts to address ecological and community impacts ofwind energy production through turbine designn/aRenewable
Resources &Alternative Energy

Wind Technology & Project
Developers

Business Model &Innovation

Materials Sourcing &Efficiency

Materials Sourcing

RR-WT-440a.1

Description of the management of risks associated with the use ofcritical materials

n/aRenewable
Resources &Alternative Energy

Wind Technology & Project
Developers

Business Model &Innovation

Materials Sourcing &Efficiency

Materials Efficiency

RR-WT-440b.1

Top five materials consumed, by weight

Metric tons (t)Renewable
Resources &Alternative Energy

Wind Technology & Project
Developers

Business Model &Innovation

Materials Sourcing &Efficiency

Materials Efficiency

RR-WT-440b.2

Average top head mass per turbine capacity, by wind turbine class

Metric tons per
megawatts (t/MW)

Renewable
Resources &Alternative Energy

Wind Technology & Project
Developers

Business Model &Innovation

Materials Sourcing &Efficiency

Materials Efficiency

RR-WT-440b.3

Description of approach to optimize materials efficiency of wind turbine
designn/aResource
Transformation

Aerospace & Defense

Environment

Energy Management

Energy Management

RT-AE-130a.1(1) Total energy consumed, (2) percentage grid electricity, (3)percentage renewable

Gigajoules (GJ),
Percentage (%)✔

✔

Resource
Transformation

Aerospace & Defense

Environment

Waste & Hazardous
Materials Management

Hazardous Waste
Management

RT-AE-150a.1

Amount of hazardous waste generated, percentage recycled

Metric tons (t),Percentage (%)✔

✔

Resource
Transformation

Aerospace & Defense

Environment

Waste & Hazardous
Materials Management

Hazardous Waste
Management

RT-AE-150a.2

Number and aggregate quantity of reportable spills, quantity recovered

Number,
Kilograms (kg)✔

✔

Resource
Transformation

Aerospace & Defense

Social Capital

Data Security

Data Security

RT-AE-230a.1(1) Number of data breaches, (2) percentage involving confidential
information

Number,
Percentage (%)

Resource
Transformation

Aerospace & Defense

Social Capital

Data Security

Data Security

RT-AE-230a.2

Description of approach to identifying and addressing data security
risks in (1) company operations and (2) productsn/aResource
Transformation

Aerospace & Defense

Social Capital

Product Quality & Safety

Product Safety

RT-AE-250a.1

Number of recalls issued, total units recalled

Number✔

Resource
Transformation

Aerospace & Defense

Social Capital

Product Quality & Safety

Product Safety

RT-AE-250a.2

Number of counterfeit parts detected, percentage avoided

Number,
Percentage (%)✔

Resource
Transformation

Aerospace & Defense

Social Capital

Product Quality & Safety

Product Safety

RT-AE-250a.3

Number of Airworthiness Directives received, total units affected

Number✔

Resource
Transformation

Aerospace & Defense

Social Capital

Product Quality & Safety

Product Safety

RT-AE-250a.4

Total amount of monetary losses as a result of legal proceedings
associated with product safety

Reportingcurrency✔

Resource
Transformation

Aerospace & Defense

Business Model &Innovation

Product Design & Lifecycle
Management

Fuel Economy & Emissions
in Use-phase

RT-AE-410a.1

Revenue from alternative energy-related products

Reportingcurrency

Resource
Transformation

Aerospace & Defense

Business Model &Innovation

Product Design & Lifecycle
Management

Fuel Economy & Emissions
in Use-phase

RT-AE-410a.2

Description of approach and discussion of strategy to address fueleconomy and greenhouse gas (GHG) emissions of products

n/a

✔

✔

Resource
Transformation

Aerospace & Defense

Business Model &Innovation

Materials Sourcing &Efficiency

Materials Sourcing

RT-AE-440a.1

Description of the management of risks associated with the use ofcritical materials

n/a

✔

✔

Resource
Transformation

Aerospace & Defense

Leadership & GovernanceBusiness Ethics

Business Ethics

RT-AE-510a.1

Total amount of monetary losses as a result of legal proceedings
associated with incidents of corruption, bribery, and/or illicit international trade

Reportingcurrency✔

KPIs

Strategies andpractices

Recognition of ESG
risks and opportunities

Identification ofmateriality

GovernanceCommunication withstakehoders✔

Massage from director
and/or management✔

Disclosure Information Category
Business model✔

Summary oforganization or business

✔

✔

✔

✔

✔

✔

✔

✔

✔

✔

✔

✔

✔

✔

✔

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1
List of Disclosure Items and Indicators of ESG InformationDisclosure Frameworks/Standards and Classification Results

List of Disclosure Items and Indicators of ESG InformationDisclosure Frameworks/Standards and Classification Results

196

n/a

Environment

1

Description of risks and opportunities associated with energy policy
and its impact on the integration of solar energy into existing energy
infrastructure

AppendixBusiness Model &Innovation

Renewable
Resources &Alternative Energy

Solar Technology & Project
Developers

risks

197

Aerospace & Defense

Social Capital

Product Quality & Safety

Product Safety

RT-AE-250a.1

Number of recalls issued, total units recalled

Number✔

Resource
Transformation

Aerospace & Defense

Social Capital

Product Quality & Safety

Product Safety

RT-AE-250a.2

Number of counterfeit parts detected, percentage avoided

Number,
Percentage (%)✔

Resource
Transformation

Aerospace & Defense

Social Capital

Product Quality & Safety

Product Safety

RT-AE-250a.3

Number of Airworthiness Directives received, total units affected

Number✔

Resource
Transformation

Aerospace & Defense

Social Capital

Product Quality & Safety

Product Safety

RT-AE-250a.4

Total amount of monetary losses as a result of legal proceedings
associated with product safety

Reportingcurrency

Resource
Transformation

Aerospace & Defense

Business Model &Innovation

Product Design & Lifecycle
Management

Fuel Economy & Emissions
in Use-phase

RT-AE-410a.1

Revenue from alternative energy-related products

Reportingcurrency

SectorResource
Transformation

Industry
Aerospace & Defense

ESG Issue Category
Business Model &Innovation

ESG Issue
Product Design & Lifecycle
Management

Disclosure Topic
Fuel Economy & Emissions
in Use-phase

ID
RT-AE-410a.2

Accounting metic
Description of approach and discussion of strategy to address fueleconomy and greenhouse gas (GHG) emissions of products

Unit of measuren/aEnvironment

Resource
Transformation

Aerospace & Defense

Business Model &Innovation

Materials Sourcing &Efficiency

Materials Sourcing

RT-AE-440a.1

Description of the management of risks associated with the use ofcritical materials

n/a✔

Resource
Transformation

Aerospace & Defense

Leadership & GovernanceBusiness Ethics

Business Ethics

RT-AE-510a.1

Total amount of monetary losses as a result of legal proceedings
associated with incidents of corruption, bribery, and/or illicit international trade

Reportingcurrency

Resource
Transformation

Aerospace & Defense

Leadership & GovernanceBusiness Ethics

Business Ethics

RT-AE-510a.2

Revenue from countries ranked in the “E” or “F” Band of Transparency
International’s Government Defence Anti-Corruption Index

Reportingcurrency

Resource
Transformation

Aerospace & Defense

Leadership & GovernanceBusiness Ethics

Business Ethics

RT-AE-510a.3

Discussion of processes to manage business ethics risks throughout
the value chainn/aResource
Transformation

Chemicals

Environment

GHG Emissions

Greenhouse Gas
Emissions

RT-CH-110a.1

Gross global Scope 1 emissions, percentage covered underemissions-limiting regulations

Metric tons(t) CO2-e,
Percentage (%)

Resource
Transformation

Chemicals

Greenhouse Gas
Emissions

RT-CH-110a.2

Discussion of long-term and short-term strategy or plan to manage
Scope 1 emissions, emissions reduction targets, and an analysis ofperformance against those targets

n/aResource
Transformation

Chemicals

Air Quality

RT-CH-120a.1

Air emissions of the following pollutants: (1) NOX (excluding N2O), (2)SOX, (3) volatile organic compounds (VOCs), and (4) hazardous air
pollutants (HAPs)

Metric tons (t)Resource
Transformation

Chemicals

Environment

Energy Management

Energy Management

RT-CH-130a.1(1) Total energy consumed, (2) percentage grid electricity, (3)percentage renewable, (4) total self-generated energy

Resource
Transformation

Chemicals

Environment

Water & Wastewater
Management

Water Management

RT-CH-140a.1

Resource
Transformation

Chemicals

Environment

Water & Wastewater
Management

Water Management

Resource
Transformation

Chemicals

Environment

Water & Wastewater
Management

Resource
Transformation

Chemicals

Environment

Resource
Transformation

Chemicals

Resource
Transformation

List of Accounting Metics of SASB Standards
KPIs

Strategies andpractices

Recognition of ESG
risks and opportunities

Identification ofmateriality

GovernanceCommunication withstakehoders

✔

✔

✔

✔

✔

✔

✔

✔

✔

✔

✔

✔

Gigajoules (GJ),
Percentage (%)✔

✔

(1) Total water withdrawn, (2) total water consumed, percentage ofeach in regions with High or Extremely High Baseline Water StressThousand cubic
meters (m³),
Percentage (%)✔

✔

RT-CH-140a.2

Number of incidents of non-compliance associated with water quality
permits, standards, and regulations

Number✔

✔

Water Management

RT-CH-140a.3

Description of water management risks and discussion of strategies
and practices to mitigate those risks

n/a✔

Waste & Hazardous
Materials Management

Hazardous Waste
Management

RT-CH-150a.1

Amount of hazardous waste generated, percentage recycled

Metric tons (t),Percentage (%)

Social Capital

Human Rights & Community Relations

Community Relations

RT-CH-210a.1

Discussion of engagement processes to manage risks and opportunities associated with community interests

n/a

Chemicals

Human Capital

Employee Health & Safety

Workforce Health & Safety

RT-CH-320a.1(1) Total recordable incident rate (TRIR) and (2) fatality rate for (a)direct employees and (b) contract employees

Rate

Resource
Transformation

Chemicals

Human Capital

Employee Health & Safety

Workforce Health & Safety

RT-CH-320a.2

Description of efforts to assess, monitor, and reduce exposure of
employees and contract workers to long-term (chronic) health risksn/aResource
Transformation

Chemicals

Business Model &Innovation

Product Design & Lifecycle
Management

Product Design for
Use-phase Efficiency

RT-CH-410a.1

Revenue from products designed for use-phase resource efficiency

Reportingcurrency

Resource
Transformation

Chemicals

Business Model &Innovation

Product Design & Lifecycle
Management

Safety & Environmental
Stewardship of Chemicals

RT-CH-410b.1(1) Percentage of products that contain Globally Harmonized Systemof Classification and Labeling of Chemicals (GHS) Category 1 and 2
Health and Environmental Hazardous Substances, (2) percentage ofsuch products that have undergone a hazard assessment

Percentage (%)
by revenue,
Percentage (%)

Resource
Transformation

Chemicals

Business Model &Innovation

Product Design & Lifecycle
Management

Safety & Environmental
Stewardship of Chemicals

RT-CH-410b.2

Discussion of strategy to (1) manage chemicals of concern and (2)develop alternatives with reduced human and/or environmental impact

n/aResource
Transformation

Chemicals

Business Model &Innovation

Product Design & Lifecycle
Management

Genetically Modified
Organisms

RT-CH-410c.1

Percentage of products by revenue that contain genetically modified
organisms (GMOs)

Percentage (%)
by revenue

Resource
Transformation

Chemicals

Leadership & GovernanceManagement of the Legal& Regulatory Environment

Management of the Legal& Regulatory Environment

RT-CH-530a.1

Discussion of corporate positions related to government regulations
and/or policy proposals that address environmental and social factors
affecting the industry

n/aResource
Transformation

Chemicals

Critical Incident Risk
Management

Operational Safety,
Emergency Preparedness& Response

RT-CH-540a.1

Process Safety Incidents Count (PSIC), Process Safety Total Incident
Rate (PSTIR), and Process Safety Incident Severity Rate (PSISR)

Number, Rate

Resource
Transformation

Chemicals

Critical Incident Risk
Management

Operational Safety,
Emergency Preparedness& Response

RT-CH-540a.2

Number of transport incidents

NumberResource
Transformation

Containers & Packaging

GHG Emissions

Greenhouse Gas
Emissions

RT-CP-110a.1

Leadership & Governance

Leadership & Governance

Environment

✔

✔

✔

✔

✔

✔

✔

✔

✔

✔

✔

✔

✔

✔

✔

✔

✔

1
List of Disclosure Items and Indicators of ESG InformationDisclosure Frameworks/Standards and Classification Results

Air Quality

Massage from director
and/or management

Environment

GHG Emissions✔

Business model

List of Disclosure Items and Indicators of ESG InformationDisclosure Frameworks/Standards and Classification Results

198

Environment✔

Summary oforganization or business

1✔

Disclosure Information Category

Appendix

Resource
Transformation✔

✔

Gross global Scope 1 emissions, percentage covered underemissions-limiting regulations

Metric tons(t) CO2-e,
Percentage (%)

✔

✔

199

Product Design & Lifecycle
Management

Genetically Modified
Organisms

RT-CH-410c.1

Percentage of products by revenue that contain genetically modified
organisms (GMOs)

Percentage (%)
by revenue

Resource
Transformation

Chemicals

Leadership & GovernanceManagement of the Legal& Regulatory Environment

Management of the Legal& Regulatory Environment

RT-CH-530a.1

Discussion of corporate positions related to government regulations
and/or policy proposals that address environmental and social factors
affecting the industry

n/aResource
Transformation
SectorChemicals

Critical Incident Risk
Management
ESG Issue

Operational Safety,
Emergency
Preparedness
Disclosure
Topic& Response

RT-CH-540a.1

Process Safety Incidents Count (PSIC), Process Safety Total Incident
Rate (PSTIR), and Process Accounting
Safety Incident
Severity Rate (PSISR)
metic

Number, Rate
Unit of measure

Resource
Transformation

Chemicals

Critical Incident Risk
Management

Operational Safety,
Emergency Preparedness& Response

RT-CH-540a.2

Number of transport incidents

NumberResource
Transformation

Containers & Packaging

GHG Emissions

Greenhouse Gas
Emissions

RT-CP-110a.1

Resource
Transformation

Containers & Packaging

Greenhouse Gas
Emissions

RT-CP-110a.2

Resource
Transformation

Containers & Packaging

Air Quality

RT-CP-120a.1

Resource
Transformation

Containers & Packaging

Environment

Energy Management

Energy Management

Resource
Transformation

Containers & Packaging

Environment

Water & Wastewater
Management

Water Management

Resource
Transformation

Containers & Packaging

Environment

Water & Wastewater
Management

Water Management

Resource
Transformation

Containers & Packaging

Environment

Water & Wastewater
Management

Resource
Transformation

Containers & Packaging

Environment

Resource
Transformation

Containers & Packaging

Resource
Transformation

Leadership & Governance

ESG Issue Category
Leadership & Governance

Environment

Environment

Environment

GHG Emissions

Air Quality

ID

Disclosure Information Category✔

Gross global Scope 1 emissions, percentage covered underemissions-limiting regulations

Metric tons(t) CO2-e,
Percentage (%)

Discussion of long-term and short-term strategy or plan to manage
Scope 1 emissions, emissions reduction targets, and an analysis ofperformance against those targets

n/a

Air emissions of the following pollutants: (1) NOx (excluding N2O), (2)SOx, (3) volatile organic compounds (VOCs), and (4) particulate matter(PM)

Metric tons (t)RT-CP-130a.1(1) Total energy consumed, (2) percentage grid electricity, (3)percentage renewable, (4) total self-generated energy

RT-CP-140a.1

Summary oforganization or businessIndustry

✔

✔

✔

✔

✔

✔

✔

✔

✔

✔

Gigajoules (GJ),
Percentage (%)✔

✔

(1) Total water withdrawn, (2) total water consumed, percentage ofeach in regions with High or Extremely High Baseline Water StressThousand cubic
meters (m³),
Percentage (%)✔

✔

RT-CP-140a.2

Description of water management risks and discussion of strategies
and practices to mitigate those risksn/a✔

Water Management

RT-CP-140a.3

Number of incidents of non-compliance associated with water quality
permits, standards, and regulations

Number✔

✔

Waste & Hazardous
Materials Management

Waste Management

RT-CP-150a.1

Amount of hazardous waste generated, percentage recycled

Metric tons (t),Percentage (%)✔

✔

Social Capital

Product Quality & Safety

Product Safety

RT-CP-250a.1

Number of recalls issued, total units recalled

NumberContainers & Packaging

Social Capital

Product Quality & Safety

Product Safety

RT-CP-250a.2

Discussion of process to identify and manage emerging materials andchemicals of concern

n/aResource
Transformation

Containers & Packaging

Business Model &Innovation

Product Design & Lifecycle
Management

Product Lifecycle
Management

RT-CP-410a.1

Percentage of raw materials from: (1) recycled content, (2) renewable
resources, and (3) renewable and recycled content

Percentage (%)
by weight✔

✔

Resource
Transformation

Containers & Packaging

Business Model &Innovation

Product Design & Lifecycle
Management

Product Lifecycle
Management

RT-CP-410a.2

Revenue from products that are reusable, recyclable, and/or
compostable

Reportingcurrency✔

✔

Resource
Transformation

Containers & Packaging

Business Model &Innovation

Product Design & Lifecycle
Management

Product Lifecycle
Management

RT-CP-410a.3

Discussion of strategies to reduce the environmental impact of
packaging throughout its lifecyclen/aResource
Transformation

Containers & Packaging

Business Model &Innovation

Supply Chain Management

Supply Chain Management

RT-CP-430a.1

Total wood fiber procured, percentage from certified sources

Metric tons (t),Percentage (%)✔

Resource
Transformation

Containers & Packaging

Business Model &Innovation

Supply Chain Management

Supply Chain Management

RT-CP-430a.2

Total aluminum purchased, percentage from certified sources

Metric tons (t),Percentage (%)✔

Resource
Transformation

Electrical & Electronic
Equipment

Environment

Energy Management

Energy Management

RT-EE-130a.1(1) Total energy consumed, (2) percentage grid electricity, (3)percentage renewable

Gigajoules (GJ),
Percentage (%)✔

✔

Resource
Transformation

Electrical & Electronic
Equipment

Environment

Waste & Hazardous
Materials Management

Hazardous Waste
Management

RT-EE-150a.1

Amount of hazardous waste generated, percentage recycled

Metric tons (t),Percentage (%)✔

✔

Resource
Transformation

Electrical & Electronic
Equipment

Environment

Waste & Hazardous
Materials Management

Hazardous Waste
Management

RT-EE-150a.2

Number and aggregate quantity of reportable spills, quantity recovered

Number,
Kilograms (kg)✔

✔

Resource
Transformation

Electrical & Electronic
Equipment

Social Capital

Product Quality & Safety

Product Safety

RT-EE-250a.1

Number of recalls issued, total units recalled

NumberResource
Transformation

Electrical & Electronic
Equipment

Social Capital

Product Quality & Safety

Product Safety

RT-EE-250a.2

Total amount of monetary losses as a result of legal proceedings
associated with product safety

Reportingcurrency

Resource
Transformation

Electrical & Electronic
Equipment

Business Model &Innovation

Product Design & Lifecycle
Management

Product Lifecycle
Management

RT-EE-410a.1

Percentage of products by revenue that contain IEC 62474 declarable
substances

Percentage (%)
by revenue✔

✔

Resource
Transformation

Electrical & Electronic
Equipment

Business Model &Innovation

Product Design & Lifecycle
Management

Product Lifecycle
Management

RT-EE-410a.2

Percentage of eligible products, by revenue, that meet ENERGYSTAR® criteria

Percentage (%)
by revenue✔

✔

Resource
Transformation

Electrical & Electronic
Equipment

Business Model &Innovation

Product Design & Lifecycle
Management

Product Lifecycle
Management

RT-EE-410a.3

Revenue from renewable energy-related and energy efficiency-related
products

Reportingcurrency

✔

✔

1

✔

✔

✔

✔

✔

✔

✔

✔

✔

List of Disclosure Items and Indicators of ESG InformationDisclosure Frameworks/Standards and Classification Results

Business Model &Innovation

Appendix

Chemicals✔

KPIs

Resource
Transformation✔

Strategies andpracticesn/a

Recognition of ESG
risks and opportunities

Discussion of strategy to (1) manage chemicals of concern and (2)develop alternatives with reduced human and/or environmental impact

Identification ofmateriality

RT-CH-410b.2

Governance

Safety & Environmental
Stewardship of Chemicals

Communication withstakehoders

Product Design & Lifecycle
Management

Massage from director
and/or management

Business Model &Innovation

Business model

Chemicals

Environment

List of Disclosure Items and Indicators of ESG InformationDisclosure Frameworks/Standards and Classification Results

200

Percentage (%)

Resource
Transformation

List of Accounting Metics of SASB Standards

1

Health and Environmental Hazardous Substances, (2) percentage ofsuch products that have undergone a hazard assessment

201

Product Design & Lifecycle
Management

Genetically Modified
Organisms

RT-CH-410c.1

Percentage of products by revenue that contain genetically modified
organisms (GMOs)

Percentage (%)
by revenue

Resource
Transformation

Chemicals

Leadership & GovernanceManagement of the Legal& Regulatory Environment

Management of the Legal& Regulatory Environment

RT-CH-530a.1

Discussion of corporate positions related to government regulations
and/or policy proposals that address environmental and social factors
affecting the industry

n/aResource
Transformation
SectorChemicals

Critical Incident Risk
Management
ESG Issue

Operational Safety,
Emergency
Preparedness
Disclosure
Topic& Response

RT-CH-540a.1

Process Safety Incidents Count (PSIC), Process Safety Total Incident
Rate (PSTIR), and Process Accounting
Safety Incident
Severity Rate (PSISR)
metic

Number, Rate
Unit of measure

Resource
Transformation

Chemicals

Critical Incident Risk
Management

Operational Safety,
Emergency Preparedness& Response

RT-CH-540a.2

Number of transport incidents

NumberResource
Transformation

Containers & Packaging

GHG Emissions

Greenhouse Gas
Emissions

RT-CP-110a.1

Resource
Transformation

Containers & Packaging

Greenhouse Gas
Emissions

RT-CP-110a.2

Resource
Transformation

Containers & Packaging

Air Quality

RT-CP-120a.1

Resource
Transformation

Containers & Packaging

Environment

Energy Management

Energy Management

Resource
Transformation

Containers & Packaging

Environment

Water & Wastewater
Management

Water Management

Resource
Transformation

Containers & Packaging

Environment

Water & Wastewater
Management

Water Management

Resource
Transformation

Containers & Packaging

Environment

Water & Wastewater
Management

Resource
Transformation

Containers & Packaging

Environment

Resource
Transformation

Containers & Packaging

Resource
Transformation

Leadership & Governance

ESG Issue Category
Leadership & Governance

Environment

Environment

Environment

GHG Emissions

Air Quality

ID

Disclosure Information Category✔

Gross global Scope 1 emissions, percentage covered underemissions-limiting regulations

Metric tons(t) CO2-e,
Percentage (%)

Discussion of long-term and short-term strategy or plan to manage
Scope 1 emissions, emissions reduction targets, and an analysis ofperformance against those targets

n/a

Air emissions of the following pollutants: (1) NOx (excluding N2O), (2)SOx, (3) volatile organic compounds (VOCs), and (4) particulate matter(PM)

Metric tons (t)RT-CP-130a.1(1) Total energy consumed, (2) percentage grid electricity, (3)percentage renewable, (4) total self-generated energy

RT-CP-140a.1

Summary oforganization or businessIndustry

✔

✔

✔

✔

✔

✔

✔

✔

✔

✔

Gigajoules (GJ),
Percentage (%)✔

✔

(1) Total water withdrawn, (2) total water consumed, percentage ofeach in regions with High or Extremely High Baseline Water StressThousand cubic
meters (m³),
Percentage (%)✔

✔

RT-CP-140a.2

Description of water management risks and discussion of strategies
and practices to mitigate those risksn/a✔

Water Management

RT-CP-140a.3

Number of incidents of non-compliance associated with water quality
permits, standards, and regulations

Number✔

✔

Waste & Hazardous
Materials Management

Waste Management

RT-CP-150a.1

Amount of hazardous waste generated, percentage recycled

Metric tons (t),Percentage (%)✔

✔

Social Capital

Product Quality & Safety

Product Safety

RT-CP-250a.1

Number of recalls issued, total units recalled

NumberContainers & Packaging

Social Capital

Product Quality & Safety

Product Safety

RT-CP-250a.2

Discussion of process to identify and manage emerging materials andchemicals of concern

n/aResource
Transformation

Containers & Packaging

Business Model &Innovation

Product Design & Lifecycle
Management

Product Lifecycle
Management

RT-CP-410a.1

Percentage of raw materials from: (1) recycled content, (2) renewable
resources, and (3) renewable and recycled content

Percentage (%)
by weight✔

✔

Resource
Transformation

Containers & Packaging

Business Model &Innovation

Product Design & Lifecycle
Management

Product Lifecycle
Management

RT-CP-410a.2

Revenue from products that are reusable, recyclable, and/or
compostable

Reportingcurrency✔

✔

Resource
Transformation

Containers & Packaging

Business Model &Innovation

Product Design & Lifecycle
Management

Product Lifecycle
Management

RT-CP-410a.3

Discussion of strategies to reduce the environmental impact of
packaging throughout its lifecyclen/aResource
Transformation

Containers & Packaging

Business Model &Innovation

Supply Chain Management

Supply Chain Management

RT-CP-430a.1

Total wood fiber procured, percentage from certified sources

Metric tons (t),Percentage (%)✔

Resource
Transformation

Containers & Packaging

Business Model &Innovation

Supply Chain Management

Supply Chain Management

RT-CP-430a.2

Total aluminum purchased, percentage from certified sources

Metric tons (t),Percentage (%)✔

Resource
Transformation

Electrical & Electronic
Equipment

Environment

Energy Management

Energy Management

RT-EE-130a.1(1) Total energy consumed, (2) percentage grid electricity, (3)percentage renewable

Gigajoules (GJ),
Percentage (%)✔

✔

Resource
Transformation

Electrical & Electronic
Equipment

Environment

Waste & Hazardous
Materials Management

Hazardous Waste
Management

RT-EE-150a.1

Amount of hazardous waste generated, percentage recycled

Metric tons (t),Percentage (%)✔

✔

Resource
Transformation

Electrical & Electronic
Equipment

Environment

Waste & Hazardous
Materials Management

Hazardous Waste
Management

RT-EE-150a.2

Number and aggregate quantity of reportable spills, quantity recovered

Number,
Kilograms (kg)✔

✔

Resource
Transformation

Electrical & Electronic
Equipment

Social Capital

Product Quality & Safety

Product Safety

RT-EE-250a.1

Number of recalls issued, total units recalled

NumberResource
Transformation

Electrical & Electronic
Equipment

Social Capital

Product Quality & Safety

Product Safety

RT-EE-250a.2

Total amount of monetary losses as a result of legal proceedings
associated with product safety

Reportingcurrency

Resource
Transformation

Electrical & Electronic
Equipment

Business Model &Innovation

Product Design & Lifecycle
Management

Product Lifecycle
Management

RT-EE-410a.1

Percentage of products by revenue that contain IEC 62474 declarable
substances

Percentage (%)
by revenue✔

✔

Resource
Transformation

Electrical & Electronic
Equipment

Business Model &Innovation

Product Design & Lifecycle
Management

Product Lifecycle
Management

RT-EE-410a.2

Percentage of eligible products, by revenue, that meet ENERGYSTAR® criteria

Percentage (%)
by revenue✔

✔

Resource
Transformation

Electrical & Electronic
Equipment

Business Model &Innovation

Product Design & Lifecycle
Management

Product Lifecycle
Management

RT-EE-410a.3

Revenue from renewable energy-related and energy efficiency-related
products

Reportingcurrency

✔

✔

1

✔

✔

✔

✔

✔

✔

✔

✔

✔

List of Disclosure Items and Indicators of ESG InformationDisclosure Frameworks/Standards and Classification Results

Business Model &Innovation

Appendix

Chemicals✔

KPIs

Resource
Transformation✔

Strategies andpracticesn/a

Recognition of ESG
risks and opportunities

Discussion of strategy to (1) manage chemicals of concern and (2)develop alternatives with reduced human and/or environmental impact

Identification ofmateriality

RT-CH-410b.2

Governance

Safety & Environmental
Stewardship of Chemicals

Communication withstakehoders

Product Design & Lifecycle
Management

Massage from director
and/or management

Business Model &Innovation

Business model

Chemicals

Environment

List of Disclosure Items and Indicators of ESG InformationDisclosure Frameworks/Standards and Classification Results

202

Percentage (%)

Resource
Transformation

List of Accounting Metics of SASB Standards

1

Health and Environmental Hazardous Substances, (2) percentage ofsuch products that have undergone a hazard assessment

203

Disclosure Information Category
KPIs

Strategies andpractices✔

Recognition of ESG
risks and opportunities

Unit of measure

Identification ofmateriality

Accounting metic

GovernanceID

Communication withstakehoders

Disclosure Topic

Massage from director
and/or management

ESG Issue

Business modelResource
Transformation

Electrical & Electronic
Equipment

Business Model &Innovation

Materials Sourcing &Efficiency

Materials Sourcing

RT-EE-440a.1

Description of the management of risks associated with the use ofcritical materials

n/aResource
Transformation

Electrical & Electronic
Equipment

Leadership & GovernanceBusiness Ethics

Business Ethics

RT-EE-510a.1

Description of policies and practices for prevention of: (1) corruption
and bribery and (2) anti-competitive behaviorn/aResource
Transformation

Electrical & Electronic
Equipment

Leadership & GovernanceBusiness Ethics

Business Ethics

RT-EE-510a.2

Total amount of monetary losses as a result of legal proceedings
associated with bribery or corruption

Reportingcurrency✔

Resource
Transformation

Electrical & Electronic
Equipment

Leadership & GovernanceBusiness Ethics

Business Ethics

RT-EE-510a.3

Total amount of monetary losses as a result of legal proceedings
associated with anti-competitive behavior regulations

Reportingcurrency✔

Resource
Transformation

Industrial Machinery &Goods

Environment

Energy Management

Energy Management

RT-IG-130a.1(1) Total energy consumed, (2) percentage grid electricity, (3)percentage renewable

Gigajoules (GJ),
Percentage (%)

Resource
Transformation

Industrial Machinery &Goods

Human Capital

Employee Health & Safety

Employee Health & Safety

RT-IG-320a.1(1) Total recordable incident rate (TRIR), (2) fatality rate, and (3) near
miss frequency rate (NMFR)

Rate

Resource
Transformation

Industrial Machinery &Goods

Business Model &Innovation

Product Design & Lifecycle
Management

Fuel Economy & Emissions
in Use-phase

RT-IG-410a.1

Sales-weighted fleet fuel efficiency for medium- and heavy-duty
vehiclesGallons per
1,000 ton-miles

Resource
Transformation

Industrial Machinery &Goods

Business Model &Innovation

Product Design & Lifecycle
Management

Fuel Economy & Emissions
in Use-phase

RT-IG-410a.2

Sales-weighted fuel efficiency for non-road equipment

Resource
Transformation

Industrial Machinery &Goods

Business Model &Innovation

Product Design & Lifecycle
Management

Fuel Economy & Emissions
in Use-phase

RT-IG-410a.3

Resource
Transformation

Industrial Machinery &Goods

Business Model &Innovation

Product Design & Lifecycle
Management

Fuel Economy & Emissions
in Use-phase

RT-IG-410a.4

Resource
Transformation

Industrial Machinery &Goods

Business Model &Innovation

Materials Sourcing &Efficiency

Materials Sourcing

Resource
Transformation

Industrial Machinery &Goods

Business Model &Innovation

Materials Sourcing &Efficiency

Services

Advertising & Marketing

Social CapitalServices

Advertising & Marketing

Services

✔

✔

✔

✔

✔

✔

✔

Gallons per hour✔

✔

Sales-weighted fuel efficiency for stationary generators

Watts per gallon✔

✔

Sales-weighted emissions of: (1) nitrogen oxides (NOx) and (2)particulate matter (PM) for: (a) marine diesel engines, (b) locomotive
diesel engines, (c) on-road medium- and heavy-duty engines, and (d)other non-road diesel engines

Grams perkilowatt-hour✔

✔

RT-IG-440a.1

Description of the management of risks associated with the use ofcritical materials

n/a✔

Remanufacturing Design &Services

RT-IG-440b.1

Revenue from remanufactured products and remanufacturing services

Reportingcurrency

Customer Privacy

Data Privacy

SV-AD-220a.1

Discussion of policies and practices relating to behavioral advertisingand consumer privacyn/aSocial Capital

Customer Privacy

Data Privacy

SV-AD-220a.2

Percentage of online advertising impressions that are targeted tocustom audiences

Percentage (%)
by revenue✔

Advertising & Marketing

Social Capital

Customer Privacy

Data Privacy

SV-AD-220a.3

Total amount of monetary losses as a result of legal proceedings
associated with consumer privacy

Reportingcurrency✔

Services

Advertising & Marketing

Social Capital

Selling Practices &Product Labeling

Advertising Integrity

SV-AD-270a.1

Total amount of monetary losses as a result of legal proceedings
associated with false, deceptive, or unfair advertising

Reportingcurrency✔

Services

Advertising & Marketing

Social Capital

Selling Practices &Product Labeling

Advertising Integrity

SV-AD-270a.2

Percentage of campaigns reviewed for adherence with the AdvertisingSelf-Regulatory Council (ASRC) procedures, percentage of those incompliance

Percentage (%)
by revenue

Services

Advertising & Marketing

Social Capital

Selling Practices &Product Labeling

Advertising Integrity

SV-AD-270a.3

Percentage of campaigns that promote alcohol or tobacco products

Percentage (%)
by revenue

Services

Advertising & Marketing

Human Capital

Employee Engagement,
Diversity & Inclusion

Workforce Diversity &Inclusion

SV-AD-330a.1

Percentage of gender and racial/ethnic group representation for (1)management, (2) professionals, and (3) all other employees

Percentage (%)

Services

Casinos & Gaming

Environment

Energy Management

Energy Management

SV-CA-130a.1(1) Total energy consumed, (2) percentage grid electricity, (3)percentage renewable

Gigajoules (GJ),
Percentage (%)

Services

Casinos & Gaming

Social Capital

Customer Welfare

Responsible Gaming

SV-CA-260a.1

Percentage of gaming facilities that implement the Responsible
Gambling Index

Percentage (%)
by revenue

Services

Casinos & Gaming

Social Capital

Customer Welfare

Responsible Gaming

SV-CA-260a.2

Percentage of online gaming operations that implement the National
Council on Problem Gambling (NCPG) Internet Responsible GamblingStandards

Percentage (%)
by revenue

Services

Casinos & Gaming

Percentage of gaming floor where smoking is allowed

Percentage (%)
of gaming floor
area✔

Services

Casinos & Gaming

Percentage (%)
of man-hours✔

Human Capital

Human Capital

Employee Health & Safety

Employee Health & Safety

Smoke-free Casinos

Smoke-free Casinos

SV-CA-320a.1

SV-CA-320a.2

Percentage of gaming staff who work in areas where smoking isallowed

✔

✔

✔

✔

✔

✔

✔

✔

✔

✔

1
List of Disclosure Items and Indicators of ESG InformationDisclosure Frameworks/Standards and Classification Results

List of Disclosure Items and Indicators of ESG InformationDisclosure Frameworks/Standards and Classification Results

204

ESG Issue Category

Summary oforganization or business1

Industry

Environment

SectorAppendix

List of Accounting Metics of SASB Standards✔

205Services

Advertising & Marketing

Social Capital

Selling Practices &Product Labeling

Advertising Integrity

SV-AD-270a.3

Percentage of campaigns that promote alcohol or tobacco products

Percentage (%)
by revenue

Services

Advertising & Marketing

Human Capital

Employee Engagement,
Diversity & Inclusion

Workforce Diversity &Inclusion

SV-AD-330a.1

Percentage of gender and racial/ethnic group representation for (1)management, (2) professionals, and (3) all other employees

Percentage (%)

Services

Casinos & Gaming

Environment

Energy Management

Energy Management

SV-CA-130a.1(1) Total energy consumed, (2) percentage grid electricity, (3)percentage renewable

Gigajoules (GJ),
Percentage (%)

Services

Casinos & Gaming

Social Capital

Customer Welfare

Responsible Gaming

SV-CA-260a.1

Percentage of gaming facilities that implement the Responsible
Gambling Index

Percentage (%)
by revenue

Services
SectorCasinos & Gaming
Industry

Social Capital
ESG Issue Category

Customer Welfare
ESG Issue

Responsible Gaming
Disclosure Topic

SV-CA-260a.2
ID

Percentage of online gaming operations that implement the National
Council on Problem Gambling(NCPG) metic
Internet Responsible Gambling
AccountingStandards

Percentage (%)
by revenue
Unitof measureServices

Casinos & Gaming

Human Capital

Employee Health & Safety

Smoke-free Casinos

SV-CA-320a.1

Percentage of gaming floor where smoking is allowed

Percentage (%)
of gaming floor
area

Services

Casinos & Gaming

Human Capital

Employee Health & Safety

Smoke-free Casinos

SV-CA-320a.2

Percentage of gaming staff who work in areas where smoking isallowed

Percentage (%)
of man-hours

Services

Casinos & Gaming

Leadership & GovernanceBusiness Ethics

Internal Controls on Money
Laundering

SV-CA-510a.1

Description of anti-money laundering policies and practices

n/aServices

Casinos & Gaming

Leadership & GovernanceBusiness Ethics

Internal Controls on Money
Laundering

SV-CA-510a.2

Total amount of monetary losses as a result of legal proceedings
associated with money laundering

Reportingcurrency

Services

Education

Social Capital

Data Security

Data Security

SV-ED-230a.1

Description of approach to identifying and addressing data security
risks

n/a

Services

Education

Social Capital

Data Security

Data Security

SV-ED-230a.2

Description of policies and practices relating to collection, usage, andretention of student informationn/aServices

Education

Social Capital

Data Security

Data Security

SV-ED-230a.3(1) Number of data breaches, (2) percentage involving personallyidentifiable information (PII), (3) number of students affected

Number,
Percentage (%)

Services

Education

Social Capital

Customer Welfare

Quality of Education &Gainful Employment

SV-ED-260a.1

Graduation rate

Percentage (%)✔

Services

Education

Social Capital

Customer Welfare

Quality of Education &Gainful Employment

SV-ED-260a.2

On-time completion rate

Percentage (%)✔

Services

Education

Social Capital

Customer Welfare

Quality of Education &Gainful Employment

SV-ED-260a.3

Job placement rate

Percentage (%)✔

Services

Education

Social Capital

Customer Welfare

Quality of Education &Gainful Employment

SV-ED-260a.4(1) Debt-to-annual earnings rate and (2) debt-to-discretionary income
rate

Percentage (%)✔

Services

Education

Social Capital

Customer Welfare

Quality of Education &Gainful Employment

SV-ED-260a.5

Program cohort default rate

Percentage (%)✔

Services

Education

Social Capital

Selling Practices &Product LabelingMarketing & Recruiting
Practices

SV-ED-270a.1

Description of policies to assure disclosure of key performancestatistics to prospective students in advance of collecting any fees anddiscussion of outcomesn/aServices

Education

Social Capital

Selling Practices &Product LabelingMarketing & Recruiting
Practices

SV-ED-270a.2

Total amount of monetary losses as a result of legal proceedings
associated with advertising, marketing, and mandatory disclosures

Reportingcurrency✔

Services

Education

Social Capital

Selling Practices &Product LabelingMarketing & Recruiting
Practices

SV-ED-270a.3(1) Instruction and student services expenses and (2) marketing andrecruiting expenses

Reportingcurrency✔

Services

Education

Social Capital

Selling Practices &Product LabelingMarketing & Recruiting
Practices

SV-ED-270a.4

Revenue from: (1) Title IV funding, (2) GI Bill funding, and (3) private
student loans

Reportingcurrency✔

Services

Hotels & Lodging

Environment

Energy Management

Energy Management

SV-HL-130a.1(1) Total energy consumed, (2) percentage grid electricity, (3)percentage renewable

Gigajoules (GJ),
Percentage (%)✔

✔

Services

Hotels & Lodging

Environment

Water & Wastewater
Management

Water Management

SV-HL-140a.1(1) Total water withdrawn, (2) total water consumed, percentage ofeach in regions with High or Extremely High Baseline Water StressThousand cubic
meters (m³),
Percentage (%)✔

✔

Services

Hotels & Lodging

Environment

Ecological Impacts

Ecological Impacts

SV-HL-160a.1

Number of lodging facilities located in or near areas of protectedconservation status or endangered species habitat

Number✔

✔

Services

Hotels & Lodging

Environment

Ecological Impacts

Ecological Impacts

SV-HL-160a.2

Description of environmental management policies and practices topreserve ecosystem services

n/a✔

Services

Hotels & Lodging

Human Capital

Labor Practices

Labor Practices

SV-HL-310a.1(1) Voluntary and (2) involuntary turnover rate for lodging facility
employees

Rate

Services

Hotels & Lodging

Human Capital

Labor Practices

Labor Practices

SV-HL-310a.2

Total amount of monetary losses as a result of legal proceedings
associated with labor law violations

Reportingcurrency✔

Services

Hotels & Lodging

Human Capital

Labor Practices

Labor Practices

SV-HL-310a.3(1) Average hourly wage and (2) percentage of lodging facility
employees earning minimum wage, by region

Reportingcurrency,
Percentage (%)✔

Services

Hotels & Lodging

Human Capital

Labor Practices

Labor Practices

SV-HL-310a.4

Description of policies and programs to prevent worker harassmentn/aServices

Hotels & Lodging

Business Model &Innovation

Physical Impacts of
Climate Change

Climate Change
Adaptation

SV-HL-450a.1

Number of lodging facilities located in 100-year flood zones

NumberServices

Leisure Facilities

Environment

Energy Management

Energy Management

SV-LF-130a.1(1) Total energy consumed, (2) percentage grid electricity, (3)percentage renewable

Gigajoules (GJ),
Percentage (%)✔
Disclosure Information Category

✔

KPIs

Strategies andpractices

Recognition of ESG
risks and opportunities

Identification ofmateriality

GovernanceCommunication withstakehoders

Massage from director
and/or management

Business model

Summary oforganization or business

✔

✔

✔

✔

✔

✔

✔

1

✔

✔

✔

✔

✔

List of Disclosure Items and Indicators of ESG InformationDisclosure Frameworks/Standards and Classification Results

List of Disclosure Items and Indicators of ESG InformationDisclosure Frameworks/Standards and Classification Results

206✔

Environment

1✔

Appendix

List of Accounting Metics of SASB Standards

✔

✔
✔

✔

✔

✔

207

Hotels & Lodging

Environment

Ecological Impacts

Ecological Impacts

SV-HL-160a.1

Number of lodging facilities located in or near areas of protectedconservation status or endangered species habitat

Number✔

Services

Hotels & Lodging

Environment

Ecological Impacts

Ecological Impacts

SV-HL-160a.2

Description of environmental management policies and practices topreserve ecosystem services

n/a✔

Services

Hotels & Lodging

Human Capital

Labor Practices

Labor Practices

SV-HL-310a.1(1) Voluntary and (2) involuntary turnover rate for lodging facility
employees

Rate

List of Accounting Metics of SASB Standards

Human Capital

Labor Practices

Labor Practices

SV-HL-310a.3(1) Average hourly wage and (2) percentage of lodging facility
employees earning minimum wage, by region

Reportingcurrency,
Percentage(%)
Unitof measure

Sector1

ESG Issue Category

ESG Issue

Disclosure TopicID

Accounting metic✔

Services

Hotels & Lodging

Human Capital

Labor Practices

Labor Practices

SV-HL-310a.4

Description of policies and programs to prevent worker harassmentn/aServices

Hotels & Lodging

Business Model &Innovation

Physical Impacts of
Climate Change

Climate Change
Adaptation

SV-HL-450a.1

Number of lodging facilities located in 100-year flood zones

NumberServices

Leisure Facilities

Environment

Energy Management

Energy Management

SV-LF-130a.1(1) Total energy consumed, (2) percentage grid electricity, (3)percentage renewable

Gigajoules (GJ),
Percentage (%)

Services

Leisure Facilities

Social Capital

Product Quality & Safety

Customer Safety

SV-LF-250a.1(1) Fatality rate and (2) injury rate for customers

Rate

✔

Services

Leisure Facilities

Social Capital

Product Quality & Safety

Customer Safety

SV-LF-250a.2

Percentage of facilities inspected for safety, percentage of facilities thatfailed inspection

Percentage (%)✔

Services

Leisure Facilities

Human Capital

Employee Health & Safety

Workforce Safety

SV-LF-320a.1(1) Total recordable incident rate (TRIR) and (2) near miss frequency
rate (NMFR) for (a) permanent employees and (b) seasonal employees

Rate

✔

Services

Media & Entertainment

Social Capital

Customer WelfareMedia Pluralism

SV-ME-260a.1

Percentage of gender and racial/ethnic group representation for (1)management, (2) professionals, and (3) all other employees

Percentage (%)✔

Services

Media & Entertainment

Social Capital

Customer WelfareMedia Pluralism

SV-ME-260a.2

Description of policies and procedures to ensuring pluralism in news
media content

n/aServices

Media & Entertainment

Social Capital

Selling Practices &Product Labeling

Journalistic Integrity &Sponsorship Identification

SV-ME-270a.1

Total amount of monetary losses as a result of legal proceedings
associated with libel or slander

Reportingcurrency✔

Services

Media & Entertainment

Social Capital

Selling Practices &Product Labeling

Journalistic Integrity &Sponsorship Identification

SV-ME-270a.2

Revenue from embedded advertising

Reportingcurrency✔

Services

Media & Entertainment

Social Capital

Selling Practices &Product Labeling

Journalistic Integrity &Sponsorship Identification

SV-ME-270a.3

Description of approach for ensuring journalistic integrity of news
programming related to: (1) truthfulness, accuracy, objectivity, fairness,
and accountability, (2) independence of content and/or transparency ofpotential bias, and (3) protection of privacy and limitation of harm

n/a

✔

✔

✔

✔

✔

✔

✔

Services

Media & Entertainment

Leadership & GovernanceCompetitive Behavior

Intellectual Property
Protection & Media Piracy

SV-ME-520a.1

Description of approach to ensuring intellectual property (IP) protectionn/aServices

Professional & Commercial
Services

Social Capital

Data Security

Data Security

SV-PS-230a.1

Description of approach to identifying and addressing data security
risks

n/a

Services

Professional & Commercial
Services

Social Capital

Data Security

Data Security

SV-PS-230a.2

Description of policies and practices relating to collection, usage, andretention of customer informationn/aServices

Professional & Commercial
Services

Social Capital

Data Security

Data Security

SV-PS-230a.3(1) Number of data breaches, (2) percentage involving customers'
confidential business information (CBI) or personally identifiable
information (PII), (3) number of customers affected

Number,
Percentage (%)✔

Services

Professional & Commercial
Services

Human Capital

Employee Engagement,
Diversity & Inclusion

Workforce Diversity &Engagement

SV-PS-330a.1

Percentage of gender and racial/ethnic group representation for (1)executive management and (2) all other employees

Percentage (%)✔

Services

Professional & Commercial
Services

Human Capital

Employee Engagement,
Diversity & Inclusion

Workforce Diversity &Engagement

SV-PS-330a.2(1) Voluntary and (2) involuntary turnover rate for employees

Rate

✔

Services

Professional & Commercial
Services

Human Capital

Employee Engagement,
Diversity & Inclusion

Workforce Diversity &Engagement

SV-PS-330a.3

Employee engagement as a percentage

Percentage (%)✔

Services

Professional & Commercial
Services

Leadership & GovernanceBusiness Ethics

Professional Integrity

SV-PS-510a.1

Description of approach to ensuring professional integrityn/aServices

Professional & Commercial
Services

Leadership & GovernanceBusiness Ethics

Professional Integrity

SV-PS-510a.2

Total amount of monetary losses as a result of legal proceedings
associated with professional integrity

Reportingcurrency

Technology &Communications

Electronic Manufacturing
Services & Original Design
Manufacturing

Environment

Water & Wastewater
Management

Water Management

TC-ES-140a.1(1) Total water withdrawn, (2) total water consumed, percentage ofeach in regions with High or Extremely High Baseline Water StressThousand cubic
meters (m³),
Percentage (%)

Technology &Communications

Electronic Manufacturing
Services & Original Design
Manufacturing

Environment

Waste & Hazardous
Materials Management

Waste Management

Amount of hazardous waste from manufacturing, percentage recycled

Metric tons (t),Percentage (%)

Technology &Communications

Electronic Manufacturing
Services & Original Design
Manufacturing

Human Capital

Labor Practices

Labor Practices

Technology &Communications

Electronic Manufacturing
Services & Original Design
Manufacturing

Human Capital

Technology &Communications

Electronic Manufacturing
Services & Original Design
Manufacturing

Human Capital

Employee Health & Safety

Employee Health & Safety

Labor Conditions

Labor Conditions

TC-ES-150a.1

TC-ES-310a.1

TC-ES-320a.1

TC-ES-320a.2(1) Number of work stoppages and (2) total days idle

Number, Days
idle(1) Total recordable incident rate (TRIR) and (2) near miss frequency
rate (NMFR) for (a) direct employees and (b) contract employees

Rate

Percentage of (1) entity’s facilities and (2) Tier 1 supplier facilities
audited in the RBA Validated Audit Process (VAP) or equivalent, by (a)all facilities and (b) high-risk facilities

Percentage (%)

✔

✔

✔

✔

✔

✔

✔

✔

✔

✔

1
List of Disclosure Items and Indicators of ESG InformationDisclosure Frameworks/Standards and Classification Results

List of Disclosure Items and Indicators of ESG InformationDisclosure Frameworks/Standards and Classification Results

208

Industry

KPIs

Hotels & Lodging

Strategies andpractices

Services✔

Disclosure Information Category
Recognition of ESG
risks and opportunities

Reportingcurrency

Identification ofmateriality

Total amount of monetary losses as a result of legal proceedings
associated with labor law violations

Governance

SV-HL-310a.2

Communication withstakehoders

Labor Practices

Massage from director
and/or management

Labor Practices

Business model

Human Capital

Summary oforganization or business

Hotels & Lodging✔

✔

Environment

Services✔

AppendixServices

✔

✔

✔

209

Services

Services

Professional & Commercial
Services

Leadership & GovernanceBusiness Ethics

Professional Integrity

SV-PS-510a.2

Total amount of monetary losses as a result of legal proceedings
associated with professional integrity

Reportingcurrency

Technology &Communications

Electronic Manufacturing
Services & Original Design
Manufacturing

Environment

Water & Wastewater
Management

Water Management

TC-ES-140a.1(1) Total water withdrawn, (2) total water consumed, percentage ofeach in regions with High or Extremely High Baseline Water StressThousand cubic
meters (m³),
Percentage (%)

Technology &Communications

Electronic Manufacturing
Services & Original Design
Manufacturing

Environment

Waste & Hazardous
Materials Management

Waste Management

Amount of hazardous waste from manufacturing, percentage recycled

Metric tons (t),Percentage (%)✔

Technology &Communications
SectorElectronic Manufacturing
Services &Original Design
Industry
Manufacturing

Human Capital

Labor Practices

Labor Practices

Number, Days
idle of measure
Unit

Environment

Technology &Communications

Electronic Manufacturing
Services & Original Design
Manufacturing

Human Capital

Technology &Communications

Electronic Manufacturing
Services & Original Design
Manufacturing

Human Capital

Technology &Communications

Electronic Manufacturing
Services & Original Design
Manufacturing

Human Capital

Technology &Communications

Electronic Manufacturing
Services & Original Design
Manufacturing

Business Model &Innovation

Product Design & Lifecycle
Management

Product Lifecycle
Management

TC-ES-410a.1

Technology &Communications

Electronic Manufacturing
Services & Original Design
Manufacturing

Business Model &Innovation

Materials Sourcing &Efficiency

Materials Sourcing

TC-ES-440a.1

Technology &Communications

HardwareSocial Capital

Data Security

Product Security

Technology &Communications

HardwareHuman Capital

Employee Engagement,
Diversity & Inclusion

Technology &Communications

HardwareBusiness Model &Innovation

Technology &Communications

HardwareTechnology &Communications

KPIs

Strategies andpractices

Recognition of ESG
risks and opportunities

Identification ofmateriality

GovernanceCommunication withstakehoders

Accounting metic✔

Percentage of (1) entity’s facilities and (2) Tier 1 supplier facilities
audited in the RBA Validated Audit Process (VAP) or equivalent, by (a)all facilities and (b) high-risk facilities

Percentage (%)(1) Non-conformance rate with the RBA Validated Audit Process (VAP)or equivalent and (2) associated corrective action rate for (a) priority
non-conformances and (b) other non-conformances, broken down for(i) the entity’s facilities and (ii) the entity’s Tier 1 supplier facilities

Rate

Weight of end-of-life products and e-waste recovered, percentage
recycled

Metric tons (t),Percentage (%)

Description of the management of risks associated with the use ofcritical materials

n/a

TC-HW-230a.1

Description of approach to identifying and addressing data security
risks in products

n/a

Employee Diversity &Inclusion

TC-HW-330a.1

Percentage of gender and racial/ethnic group representation for (1)management, (2) technical staff, and (3) all other employees

Percentage (%)

Product Design & Lifecycle
Management

Product Lifecycle
Management

TC-HW-410a.1

Percentage of products by revenue that contain IEC 62474 declarable
substances

Percentage (%)✔

✔

Business Model &Innovation

Product Design & Lifecycle
Management

Product Lifecycle
Management

TC-HW-410a.2

Percentage of eligible products, by revenue, meeting the requirements
for EPEAT registration or equivalent

Percentage (%)✔

✔

HardwareBusiness Model &Innovation

Product Design & Lifecycle
Management

Product Lifecycle
Management

TC-HW-410a.3

Percentage of eligible products, by revenue, meeting ENERGY STAR®
criteria

Percentage (%)✔

✔

Technology &Communications

HardwareBusiness Model &Innovation

Product Design & Lifecycle
Management

Product Lifecycle
Management

TC-HW-410a.4

Weight of end-of-life products and e-waste recovered, percentage
recycled

Metric tons (t),Percentage (%)✔

✔

Technology &Communications

HardwareBusiness Model &Innovation

Supply Chain Management

Supply Chain Management

TC-HW-430a.1

Percentage of Tier 1 supplier facilities audited in the RBA Validated
Audit Process (VAP) or equivalent, by (a) all facilities and (b) high-risk
facilities

Percentage (%)✔

✔

Technology &Communications

HardwareBusiness Model &Innovation

Supply Chain Management

Supply Chain Management

TC-HW-430a.2

Tier 1 suppliers’ (1) non-conformance rate with the RBA Validated Audit
Process (VAP) or equivalent, and (2) associated corrective action ratefor (a) priority non-conformances and (b) other non-conformances

Rate

✔

✔

Technology &Communications

HardwareBusiness Model &Innovation

Materials Sourcing &Efficiency

Materials Sourcing

TC-HW-440a.1

Description of the management of risks associated with the use ofcritical materials

n/aTechnology &Communications

Internet Media & Services

Environment

Energy Management

Environmental Footprint ofHardware Infrastructure

TC-IM-130a.1(1) Total energy consumed, (2) percentage grid electricity, (3)percentage renewable

Gigajoules (GJ),
Percentage (%)✔

✔

Technology &Communications

Internet Media & Services

Environment

Energy Management

Environmental Footprint ofHardware Infrastructure

TC-IM-130a.2(1) Total water withdrawn, (2) total water consumed, percentage ofeach in regions with High or Extremely High Baseline Water StressThousand cubic
meters (m³),
Percentage (%)✔

✔

Technology &Communications

Internet Media & Services

Environment

Energy Management

Environmental Footprint ofHardware Infrastructure

TC-IM-130a.3

Discussion of the integration of environmental considerations into
strategic planning for data center needs

n/aTechnology &Communications

Internet Media & Services

Social Capital

Customer Privacy

Data Privacy, AdvertisingStandards & Freedom ofExpression

TC-IM-220a.1

Description of policies and practices relating to behavioral advertisingand user privacyn/aTechnology &Communications

Internet Media & Services

Data Privacy, AdvertisingStandards & Freedom ofExpression

TC-IM-220a.2

Number of users whose information is used for secondary purposes

NumberTechnology &Communications

Internet Media & Services

Data Privacy, AdvertisingStandards & Freedom ofExpression

TC-IM-220a.3

Technology &Communications

Internet Media & Services

Data Privacy, AdvertisingStandards & Freedom ofExpression

TC-IM-220a.4

Technology &Communications

Internet Media & Services

Data Privacy, AdvertisingStandards & Freedom ofExpression

TC-IM-220a.5

Social CapitalSocial Capital

Customer Privacy

Customer Privacy

Customer Privacy

Customer Privacy

Labor Conditions

TC-ES-320a.2

TC-ES-320a.3

✔

✔

✔

✔

✔

✔

✔

✔

✔

✔

✔

✔

✔

✔

✔

✔

Total amount of monetary losses as a result of legal proceedings
associated with user privacy

Reportingcurrency✔

(1) Number of law enforcement requests for user information, (2)number of users whose information was requested, (3) percentage
resulting in disclosure

Number,
Percentage (%)✔

List of countries where core products or services are subject to government-required monitoring, blocking, content filtering, or censoring

n/a

✔

1
List of Disclosure Items and Indicators of ESG InformationDisclosure Frameworks/Standards and Classification Results

Social Capital

Employee Health & Safety

Labor Conditions

TC-ES-320a.1(1) Number of work stoppages and (2) total days idle

Massage from director
and/or management

ID

Rate

Employee Health & Safety

Labor Conditions

TC-ES-310a.1✔

(1) Total recordable incident rate (TRIR) and (2) near miss frequency
rate (NMFR) for (a) direct employees and (b) contract employees

Social Capital

Employee Health & Safety

Disclosure Topic

Disclosure Information Category
Business model

List of Disclosure Items and Indicators of ESG InformationDisclosure Frameworks/Standards and Classification Results210

ESG Issue✔

Summary oforganization or business

1

ESG Issue Category

TC-ES-150a.1✔

Appendix

List of Accounting Metics of SASB Standards✔

211Percentage (%)
Internet Media & Services

Environment

Energy Management

Environmental Footprint ofHardware Infrastructure

TC-IM-130a.3

Discussion of the integration of environmental considerations into
strategic planning for data center needs

n/aTechnology &Communications

Internet Media & Services

Social Capital

Customer Privacy

Data Privacy, AdvertisingStandards & Freedom ofExpression

TC-IM-220a.1

Description of policies and practices relating to behavioral advertisingand user privacyn/aData Privacy, AdvertisingStandards & Freedom ofExpression

TC-IM-220a.2

Number of users whose information is used for secondary purposes

NumberData Privacy, AdvertisingStandards& Freedom
Disclosure
Topic ofExpression

TC-IM-220a.3

Data Privacy, AdvertisingStandards & Freedom ofExpression

TC-IM-220a.4

Data Privacy, AdvertisingStandards & Freedom ofExpression

TC-IM-220a.5

Data Privacy, AdvertisingStandards & Freedom ofExpression

TC-IM-220a.6

List of Accounting Metics of SASB Standards
Social CapitalInternet Media & Services

Social Capital

Data Security

Data Security

Technology &Communications

Internet Media & Services

Social Capital

Data Security

Technology &Communications

Internet Media & Services

Human Capital

Technology &Communications

Internet Media & Services

Technology &Communications

Reportingcurrency
Unitof measure(1) Number of law enforcement requests for user information, (2)number of users whose information was requested, (3) percentage
resulting in disclosure

Number,
Percentage (%)

List of countries where core products or services are subject to government-required monitoring, blocking, content filtering, or censoringn/a

Number of government requests to remove content, percentage
compliance with requests

Number,
Percentage (%)

TC-IM-230a.1(1) Number of data breaches, (2) percentage involving personallyidentifiable information (PII), (3) number of users affected

Number,
Percentage (%)

Data Security

TC-IM-230a.2

Description of approach to identifying and addressing data security
risks, including use of third-party cybersecurity standards

n/aEmployee Engagement,
Diversity & Inclusion

Employee Recruitment,
Inclusion & Performance

TC-IM-330a.1

Percentage of employees that are foreign nationals

Percentage (%)✔

Human Capital

Employee Engagement,
Diversity & Inclusion

Employee Recruitment,
Inclusion & Performance

TC-IM-330a.2

Employee engagement as a percentage

Percentage (%)✔

Internet Media & Services

Human Capital

Employee Engagement,
Diversity & Inclusion

Employee Recruitment,
Inclusion & Performance

TC-IM-330a.3

Percentage of gender and racial/ethnic group representation for (1)management, (2) technical staff, and (3) all other employees

Percentage (%)✔

Technology &Communications

Internet Media & Services

Leadership & GovernanceCompetitive Behavior

Intellectual Property
Protection & Competitive
Behavior

TC-IM-520a.1

Total amount of monetary losses as a result of legal proceedings
associated with anti-competitive behavior regulations

Reportingcurrency✔

Technology &Communications

Semiconductors

Environment

GHG Emissions

Greenhouse Gas
Emissions

TC-SC-110a.1(1) Gross global Scope 1 emissions and (2) amount of total emissions
from perfluorinated compounds

Metric tons (t)CO2-eTechnology &Communications

Semiconductors

Environment

GHG Emissions

Greenhouse Gas
Emissions

TC-SC-110a.2

Discussion of long-term and short-term strategy or plan to manage
Scope 1 emissions, emissions reduction targets, and an analysis ofperformance against those targets

n/aTechnology &Communications

Semiconductors

Environment

Energy Management

Energy Management in
Manufacturing

TC-SC-130a.1(1) Total energy consumed, (2) percentage grid electricity, (3)percentage renewable

Gigajoules (GJ),
Percentage (%)✔

✔

Technology &Communications

Semiconductors

Environment

Water & Wastewater
Management

Water Management

TC-SC-140a.1(1) Total water withdrawn, (2) total water consumed, percentage ofeach in regions with High or Extremely High Baseline Water StressThousand cubic
meters (m³),
Percentage (%)✔

✔

Technology &Communications

Semiconductors

Environment

Waste & Hazardous
Materials Management

Waste Management

TC-SC-150a.1

Amount of hazardous waste from manufacturing, percentage recycled

Metric tons (t),Percentage (%)✔

✔

Technology &Communications

Semiconductors

Human Capital

Employee Health & Safety

Employee Health & Safety

TC-SC-320a.1

Description of efforts to assess, monitor, and reduce exposure of
employees to human health hazards

n/aTechnology &Communications

Semiconductors

Human Capital

Employee Health & Safety

Employee Health & Safety

TC-SC-320a.2

Total amount of monetary losses as a result of legal proceedings
associated with employee health and safety violations

Reportingcurrency

Technology &Communications

Semiconductors

Human Capital

Employee Engagement,
Diversity & Inclusion

Recruiting & Managing a
Global & Skilled Workforce

TC-SC-330a.1

Percentage of employees that are (1) foreign nationals and (2) locatedoffshore

Percentage (%)

Technology &Communications

Semiconductors

Business Model &Innovation

Product Design & Lifecycle
Management

Product Lifecycle
Management

TC-SC-410a.1

Percentage of products by revenue that contain IEC 62474 declarable
substances

Percentage (%)

Technology &Communications

Semiconductors

Business Model &Innovation

Product Design & Lifecycle
Management

Product Lifecycle
Management

TC-SC-410a.2

Processor energy efficiency at a system-level for: (1) servers, (2)desktops, and (3) laptops

Various, byproduct category

Technology &Communications

Semiconductors

Business Model &Innovation

Materials Sourcing &Efficiency

Materials Sourcing

TC-SC-440a.1

Description of the management of risks associated with the use ofcritical materials

n/aTechnology &Communications

Semiconductors

Leadership & GovernanceCompetitive Behavior

Intellectual Property
Protection & Competitive
Behavior

TC-SC-520a.1

Total amount of monetary losses as a result of legal proceedings
associated with anti-competitive behavior regulations

Reportingcurrency

Technology &Communications

Software & IT Services

Environment

Energy Management

Environmental Footprint ofHardware Infrastructure

TC-SI-130a.1(1) Total energy consumed, (2) percentage grid electricity, (3)percentage renewable

Gigajoules (GJ),
Percentage (%)✔

✔

Technology &Communications

Software & IT Services

Environment

Energy Management

Environmental Footprint ofHardware Infrastructure

TC-SI-130a.2(1) Total water withdrawn, (2) total water consumed, percentage ofeach in regions with High or Extremely High Baseline Water StressThousand cubic
meters (m³),
Percentage (%)✔

✔

Technology &Communications

Software & IT Services

Environmental Footprint ofHardware Infrastructure

TC-SI-130a.3

Discussion of the integration of environmental considerations into
strategic planning for data center needsn/a

ESG Issue Category
Social CapitalSocial CapitalSocial Capital

Environment

ESG Issue
Customer Privacy

Customer Privacy

Customer Privacy

Energy Management

ID

✔

✔

✔

✔

✔

✔

1

✔

✔

✔

✔

✔

✔

✔

✔

✔

✔

✔

✔

✔

✔

✔

✔

✔

✔

List of Disclosure Items and Indicators of ESG InformationDisclosure Frameworks/Standards and Classification Results

Technology &Communications

KPIs

Internet Media & Services

Strategies andpractices

Technology &Communications

Recognition of ESG
risks and opportunities

Internet Media & Services

Identification ofmateriality

Technology &Communications

GovernanceInternet Media & Services

Communication withstakehoders

Technology &Communications✔

Total amount of monetary losses as a result of legal proceedings
associated with user privacyAccounting metic

Industry

Customer Privacy

Massage from director
and/or management

Internet Media & Services

Disclosure Information Category
Business model

Technology &Communications
SectorSocial Capital

Customer Privacy

Summary oforganization or business

List of Disclosure Items and Indicators of ESG InformationDisclosure Frameworks/Standards and Classification Results

212

Internet Media & Services✔

✔

Environment

1

Technology &Communications✔

AppendixTechnology &Communications

213

Product Lifecycle
Management

TC-SC-410a.2

Processor energy efficiency at a system-level for: (1) servers, (2)desktops, and (3) laptops

Various, byproduct category

Technology &Semiconductors

Business Model &Materials Sourcing &Efficiency

Materials Sourcing

TC-SC-440a.1

Description of the management of risks associated with the use ofcritical materials

n/aTechnology &Communications

Semiconductors

Leadership & GovernanceCompetitive Behavior

Intellectual Property
Protection & Competitive
Behavior

TC-SC-520a.1

Total amount of monetary losses as a result of legal proceedings
associated with anti-competitive behavior regulations

Reportingcurrency

Technology
Sector&Communications

Software &IT Services
Industry

Environment
ESG Issue Category

Energy Management
ESG Issue

Environmental
DisclosureFootprint
Topic of
Hardware Infrastructure

TC-SI-130a.1
ID(1) Total energy consumed,Accounting(2) percentage
meticgrid electricity, (3)percentage renewable

Gigajoules
(GJ),
Unit
of measure
Percentage (%)

Technology &Communications

Software & IT Services

Environment

Energy Management

Environmental Footprint ofHardware Infrastructure

TC-SI-130a.2(1) Total water withdrawn, (2) total water consumed, percentage ofeach in regions with High or Extremely High Baseline Water StressThousand cubic
meters (m³),
Percentage (%)

Technology &Communications

Software & IT Services

Environment

Energy Management

Environmental Footprint ofHardware Infrastructure

TC-SI-130a.3

Discussion of the integration of environmental considerations into
strategic planning for data center needs

n/aTechnology &Communications

Software & IT Services

Social Capital

Customer Privacy

Data Privacy & Freedom ofExpression

TC-SI-220a.1

Description of policies and practices relating to behavioral advertisingand user privacyn/aTechnology &Communications

Software & IT Services

Social Capital

Customer Privacy

Data Privacy & Freedom ofExpression

TC-SI-220a.2

Number of users whose information is used for secondary purposes

NumberTechnology &Communications

Software & IT Services

Social Capital

Customer Privacy

Data Privacy & Freedom ofExpression

TC-SI-220a.3

Total amount of monetary losses as a result of legal proceedings
associated with user privacy

Reportingcurrency

Technology &Communications

Software & IT Services

Social Capital

Customer Privacy

Data Privacy & Freedom ofExpression

TC-SI-220a.4(1) Number of law enforcement requests for user information, (2)number of users whose information was requested, (3) percentage
resulting in disclosure

Number,
Percentage (%)

Technology &Communications

Software & IT Services

Social Capital

Customer Privacy

Data Privacy & Freedom ofExpression

TC-SI-220a.5

List of countries where core products or services are subject to government-required monitoring, blocking, content filtering, or censoringn/aTechnology &Communications

Software & IT Services

Social Capital

Data Security

Data Security

TC-SI-230a.1(1) Number of data breaches, (2) percentage involving personallyidentifiable information (PII), (3) number of users affected

Number,
Percentage (%)

Technology &Communications

Software & IT Services

Social Capital

Data Security

Data Security

TC-SI-230a.2

Description of approach to identifying and addressing data security
risks, including use of third-party cybersecurity standards

n/aTechnology &Communications

Software & IT Services

Human Capital

Employee Engagement,
Diversity & Inclusion

Recruiting & Managing a
Global, Diverse & Skilled
Workforce

TC-SI-330a.1

Percentage of employees that are (1) foreign nationals and (2) locatedoffshore

Percentage (%)

Technology &Communications

Software & IT Services

Employee Engagement,
Diversity & Inclusion

Recruiting & Managing a
Global, Diverse & Skilled
Workforce

TC-SI-330a.2

Employee engagement as a percentage

Percentage (%)

Technology &Communications

Software & IT Services

Employee Engagement,
Diversity & Inclusion

Recruiting & Managing a
Global, Diverse & Skilled
Workforce

TC-SI-330a.3

Technology &Communications

Software & IT Services

Competitive Behavior

Intellectual Property
Protection & Competitive
Behavior

TC-SI-520a.1

Technology &Communications

Software & IT Services

Systemic Risk Management

Managing Systemic
Risks from Technology
Disruptions

TC-SI-550a.1

Technology &Communications

Software & IT Services

Systemic Risk Management

Managing Systemic
Risks from Technology
Disruptions

TC-SI-550a.2

Technology &Communications

Telecommunication
Services

Environment

Energy Management

Environmental Footprint of
Operations

Technology &Communications

Telecommunication
Services

Social Capital

Customer Privacy

Technology &Communications

Telecommunication
Services

Social Capital

Technology &Communications

Telecommunication
ServicesTechnology &Communications

Listof Accounting Metics of SASB Standards
Communications
Innovation

1
List of Disclosure Items and Indicators of ESG InformationDisclosure Frameworks/Standards and Classification Results

214

Human Capital

Human Capital

Total amount of monetary losses as a result of legal proceedings
associated with anti-competitive behavior regulations

Reportingcurrency

Number of (1) performance issues and (2) service disruptions; (3) totalcustomer downtime

Number, Days

Description of business continuity risks related to disruptions ofoperations

n/a

TC-TL-130a.1(1) Total energy consumed, (2) percentage grid electricity, (3)percentage renewable

Gigajoules (GJ),
Percentage (%)

Data Privacy

TC-TL-220a.1

Description of policies and practices relating to behavioral advertisingand customer privacy

n/aCustomer Privacy

Data Privacy

TC-TL-220a.2

Number of customers whose information is used for secondary
purposes

NumberSocial Capital

Customer Privacy

Data Privacy

TC-TL-220a.3

Total amount of monetary losses as a result of legal proceedings
associated with customer privacy

Reportingcurrency

Telecommunication
Services

Social Capital

Customer Privacy

Data Privacy

TC-TL-220a.4(1) Number of law enforcement requests for customer information, (2)number of customers whose information was requested, (3) percentage
resulting in disclosure

Number,
Percentage (%)

Technology &Communications

Telecommunication
Services

Social Capital

Data Security

Data Security

TC-TL-230a.1(1) Number of data breaches, (2) percentage involving personallyidentifiable information (PII), (3) number of customers affected

Number,
Percentage (%)

Technology &Communications

Telecommunication
Services

Social Capital

Data Security

Data Security

TC-TL-230a.2

Description of approach to identifying and addressing data security
risks, including use of third-party cybersecurity standards

n/aTechnology &Communications

Telecommunication
Services

Business Model &Innovation

Materials Sourcing &Efficiency

Product End-of-life
Management

TC-TL-440a.1(1) Materials recovered through take back programs, percentageof recovered materials that were (2) reused, (3) recycled, and (4)landfilled

Metric tons (t),Percentage (%)

Technology &Communications

Telecommunication
Services

Leadership & GovernanceCompetitive Behavior

Competitive Behavior &Open Internet

TC-TL-520a.1

Total amount of monetary losses as a result of legal proceedings
associated with anti-competitive behavior regulations

Reportingcurrency

Leadership & Governance✔

✔
Disclosure Information Category

✔

✔

✔

✔

✔

✔

✔

✔

✔

✔

1
✔

✔

✔

✔

✔

✔
Percentage (%)

Leadership & Governance✔

✔

Percentage of gender and racial/ethnic group representation for (1)management, (2) technical staff, and (3) all other employees

Leadership & Governance

✔

✔

✔

✔

✔

✔

✔

✔

✔

✔

✔

✔

✔

✔

List of Disclosure Items and Indicators of ESG InformationDisclosure Frameworks/Standards and Classification Results

Product Design & Lifecycle
Management

AppendixBusiness Model &Innovation

KPIs

Semiconductors✔

Strategies andpractices

Technology &Communications✔

Recognition of ESG
risks and opportunities

Percentage (%)

Identification ofmateriality

Percentage of products by revenue that contain IEC 62474 declarable
substances

Governance

TC-SC-410a.1

Communication withstakehoders

Product Lifecycle
Management

Massage from director
and/or management

Product Design & Lifecycle
Management

Business modelBusiness Model &Innovation

Summary oforganization or business

Semiconductors

Environment

Technology &Communications

✔

✔

✔

215

Customer Privacy

Data Privacy

TC-TL-220a.2

Number of customers whose information is used for secondary
purposes

NumberTechnology &Communications

Telecommunication
Services

Social Capital

Customer Privacy

Data Privacy

TC-TL-220a.3

Total amount of monetary losses as a result of legal proceedings
associated with customer privacy

Reportingcurrency

Telecommunication
Social Capital
Technology &Listof Accounting
Metics of SASB Standards
Communications
Services

Customer Privacy

Data Privacy

TC-TL-220a.4(1) Number of law enforcement requests for customer information, (2)number of customers whose information was requested, (3) percentage
resulting in disclosure

Number,
Percentage (%)✔

✔

✔
Disclosure Information Category
KPIs

Data Security

Data Security

TC-TL-230a.1(1) Number of data breaches, (2) percentage involving personallyidentifiable information (PII), (3) number of customers affected

Number,
Percentage (%)

Technology
Sector&Communications

Telecommunication
Industry
Services

SocialESGCapital
Issue Category

Data Security
ESG Issue

Data Security
Disclosure Topic

TC-TL-230a.2
ID

Description of approach to identifying
addressing data security
Accountingand
meticrisks, including use of third-party cybersecurity standards

n/a of measure
Unit

Technology &Communications

Telecommunication
Services

Business Model &Innovation

Materials Sourcing &Efficiency

Product End-of-life
Management

TC-TL-440a.1(1) Materials recovered through take back programs, percentageof recovered materials that were (2) reused, (3) recycled, and (4)landfilled

Metric tons (t),Percentage (%)✔

Technology &Communications

Telecommunication
Services

Leadership & GovernanceCompetitive Behavior

Competitive Behavior &Open Internet

TC-TL-520a.1

Total amount of monetary losses as a result of legal proceedings
associated with anti-competitive behavior regulations

Reportingcurrency✔

Technology &Communications

Telecommunication
Services

Leadership & GovernanceCompetitive Behavior

Competitive Behavior &Open Internet

TC-TL-520a.2

Average actual sustained download speed of (1) owned and commercially-associated content and (2) non-associated content

Megabits per
second (Mbps)✔

Technology &Communications

Telecommunication
Services

Leadership & GovernanceCompetitive Behavior

Competitive Behavior &Open Internet

TC-TL-520a.3

Description of risks and opportunities associated with net neutrality,
paid peering, zero rating, and related practices

n/aTechnology &Communications

Telecommunication
Services

Leadership & Governance

Systemic Risk Management

Managing Systemic
Risks from Technology
Disruptions

TC-TL-550a.1(1) System average interruption frequency and (2) customer averageinterruption duration

Disruptions per
customer, Hours
per customer

Technology &Communications

Telecommunication
Services

Leadership & Governance

Systemic Risk Management

Managing Systemic
Risks from Technology
Disruptions

TC-TL-550a.2

Discussion of systems to provide unimpeded service during service
interruptions

n/aTransportation

Air Freight & Logistics

Environment

GHG Emissions

Greenhouse Gas
Emissions

TR-AF-110a.1

Gross global Scope 1 emissions

Metric tons (t)CO2-eTransportation

Air Freight & Logistics

Environment

GHG Emissions

Greenhouse Gas
Emissions

TR-AF-110a.2

Discussion of long-term and short-term strategy or plan to manage
Scope 1 emissions, emissions reduction targets, and an analysis ofperformance against those targets

n/aTransportation

Air Freight & Logistics

Greenhouse Gas
Emissions

TR-AF-110a.3

Fuel consumed by (1) road transport, percentage (a) natural gas and(b) renewable, and (2) air transport, percentage (a) alternative and (b)sustainable

Gigajoules (GJ),
Percentage (%)✔

✔

Transportation

Air Freight & Logistics

Environment

Air Quality

Air Quality

TR-AF-120a.1

Air emissions of the following pollutants: (1) NOx (excluding N2O), (2)SOx, and (3) particulate matter (PM10)

Metric tons (t)✔

✔

Transportation

Air Freight & Logistics

Human Capital

Labor Practices

Labor Practices

TR-AF-310a.1

Percentage of drivers classified as independent contractors

Percentage (%)✔

Transportation

Air Freight & Logistics

Human Capital

Labor Practices

Labor Practices

TR-AF-310a.2

Total amount of monetary losses as a result of legal proceedings
associated with labor law violations

Reportingcurrency✔

Transportation

Air Freight & Logistics

Human Capital

Employee Health & Safety

Employee Health & Safety

TR-AF-320a.1(1) Total recordable incident rate (TRIR) and (2) fatality rate for (a)direct employees and (b) contract employees

Rate

✔

Transportation

Air Freight & Logistics

Business Model &Innovation

Supply Chain Management

Supply Chain Management

TR-AF-430a.1

Percentage of carriers with BASIC percentiles above the FMCSA
intervention threshold

Percentage (%)✔

Transportation

Air Freight & Logistics

Business Model &Innovation

Supply Chain Management

Supply Chain Management

TR-AF-430a.2

Total greenhouse gas (GHG) footprint across transport modes

Metric tons(t) CO2-e per
tonkilometerTransportation

Air Freight & Logistics

Leadership & GovernanceCritical Incident Risk
Management

Accident & Safety
Management

TR-AF-540a.1

Description of implementation and outcomes of a Safety Management
Systemn/aTransportation

Air Freight & Logistics

Leadership & GovernanceCritical Incident Risk
Management

Accident & Safety
Management

TR-AF-540a.2

Number of aviation accidents

Number✔

Transportation

Air Freight & Logistics

Leadership & GovernanceCritical Incident Risk
Management

Accident & Safety
Management

TR-AF-540a.3

Number of road accidents and incidents

Number✔

Transportation

Air Freight & Logistics

Leadership & GovernanceCritical Incident Risk
Management

Accident & Safety
Management

TR-AF-540a.4

Safety Measurement System BASIC percentiles for: (1) Unsafe Driving,(2) Hours-of-Service Compliance, (3) Driver Fitness, (4) Controlled
Substances/Alcohol, (5) Vehicle Maintenance, and (6) Hazardous
Materials Compliance

Percentile✔

Strategies andpractices

Recognition of ESG
risks and opportunities

Identification ofmateriality

GovernanceCommunication withstakehoders

Social Capital

✔

✔

✔

✔

✔

✔

✔

✔

✔

✔

✔

✔

✔

✔

Transportation

Airlines

Environment

GHG Emissions

Greenhouse Gas
Emissions

TR-AL-110a.1

Gross global Scope 1 emissions

Metric tons (t)CO2-eTransportation

Airlines

Environment

GHG Emissions

Greenhouse Gas
Emissions

TR-AL-110a.2

Discussion of long-term and short-term strategy or plan to manage
Scope 1 emissions, emissions reduction targets, and an analysis ofperformance against those targets

n/aTransportation

Airlines

Environment

GHG Emissions

Greenhouse Gas
Emissions

TR-AL-110a.3(1) Total fuel consumed, (2) percentage alternative, (3) percentage
sustainable

Gigajoules (GJ),
Percentage (%)

Transportation

Airlines

Human Capital

Labor Practices

Labor Practices

TR-AL-310a.1

Percentage of active workforce covered under collective bargaining
agreements

Percentage (%)

✔

✔

✔

✔

✔

1
List of Disclosure Items and Indicators of ESG InformationDisclosure Frameworks/Standards and Classification Results

GHG Emissions

Massage from director
and/or management

Telecommunication
Services

Environment

Business model

Technology &Communications

AppendixSocial Capital

Summary oforganization or business

List of Disclosure Items and Indicators of ESG InformationDisclosure Frameworks/Standards and Classification Results

216

Telecommunication
Services

Environment

1

Technology &Communications

✔

✔

217

Disclosure Information Category
KPIs

Strategies andpractices

Recognition of ESG
risks and opportunities

Unit of measure

Identification ofmateriality

Accounting metic

GovernanceID

Communication withstakehoders

Disclosure Topic

Massage from director
and/or management

ESG Issue

Business modelTransportation

Airlines

Human Capital

Labor Practices

Labor Practices

TR-AL-310a.2(1) Number of work stoppages and (2) total days idle

Number, Days
idle✔

Transportation

Airlines

Leadership & GovernanceCompetitive Behavior

Competitive Behavior

TR-AL-520a.1

Total amount of monetary losses as a result of legal proceedings
associated with anti-competitive behavior regulations

Reportingcurrency✔

Transportation

Airlines

Leadership & GovernanceCritical Incident Risk
Management

Accident & Safety
Management

TR-AL-540a.1

Description of implementation and outcomes of a Safety Management
Systemn/aTransportation

Airlines

Leadership & GovernanceCritical Incident Risk
Management

Accident & Safety
Management

TR-AL-540a.2

Number of aviation accidents

Number✔

Transportation

Airlines

Leadership & GovernanceCritical Incident Risk
Management

Accident & Safety
Management

TR-AL-540a.3

Number of governmental enforcement actions of aviation safety
regulations

Number✔

Transportation

Auto Parts

Environment

Energy Management

Energy Management

TR-AP-130a.1(1) Total energy consumed, (2) percentage grid electricity, (3)percentage renewable

Gigajoules (GJ),
Percentage (%)✔

✔

Transportation

Auto Parts

Environment

Waste & Hazardous
Materials Management

Waste Management

TR-AP-150a.1(1) Total amount of waste from manufacturing, (2) percentage
hazardous, (3) percentage recycled

Metric tons (t),Percentage (%)✔

✔

Transportation

Auto Parts

Social Capital

Product Quality & Safety

Product Safety

TR-AP-250a.1

Number of recalls issued, total units recalled

NumberTransportation

Auto Parts

Business Model &Innovation

Product Design & Lifecycle
Management

Design for Fuel Efficiency

TR-AP-410a.1

Revenue from products designed to increase fuel efficiency and/or
reduce emissions

Reportingcurrency

Transportation

Auto Parts

Business Model &Innovation

Materials Sourcing &Efficiency

Materials Sourcing

TR-AP-440a.1

Description of the management of risks associated with the use ofcritical materials

n/a✔

Transportation

Auto Parts

Business Model &Innovation

Materials Sourcing &Efficiency

Materials Efficiency

TR-AP-440b.1

Percentage of products sold that are recyclable

Percentage (%)✔

✔

Transportation

Auto Parts

Business Model &Innovation

Materials Sourcing &Efficiency

Materials Efficiency

TR-AP-440b.2

Percentage of input materials from recycled or remanufactured content

Percentage (%)✔

✔

Transportation

Auto Parts

Leadership & GovernanceCompetitive Behavior

Competitive Behavior

TR-AP-520a.1

Total amount of monetary losses as a result of legal proceedings
associated with anti-competitive behavior regulations

Reportingcurrency

Transportation

Automobiles

Social Capital

Product Quality & Safety

Product Safety

TR-AU-250a.1

Percentage of vehicle models rated by NCAP programs with an overall
5-star safety rating, by region

Percentage (%)

Transportation

Automobiles

Social Capital

Product Quality & Safety

Product Safety

TR-AU-250a.2

Number of safety-related defect complaints, percentage investigatedNumber,
Percentage (%)✔

Transportation

Automobiles

Social Capital

Product Quality & Safety

Product Safety

TR-AU-250a.3

Number of vehicles recalled

Number✔

Transportation

Automobiles

Human Capital

Labor Practices

Labor Practices

TR-AU-310a.1

Percentage of active workforce covered under collective bargaining
agreements

Percentage (%)✔

Transportation

Automobiles

Human Capital

Labor Practices

Labor Practices

TR-AU-310a.2(1) Number of work stoppages and (2) total days idle

Number, Days
idle

Transportation

Automobiles

Business Model &Innovation

Product Design & Lifecycle
Management

Fuel Economy &Use-phase Emissions

TR-AU-410a.1

Sales-weighted average passenger fleet fuel economy, by region

Mpg, L/km,
gCO /km, km/L

Transportation

Automobiles

Business Model &Innovation

Product Design & Lifecycle
Management

Fuel Economy &Use-phase Emissions

TR-AU-410a.2

Number of (1) zero emission vehicles (ZEV), (2) hybrid vehicles, and(3) plug-in hybrid vehicles soldTransportation

Automobiles

Business Model &Innovation

Product Design & Lifecycle
Management

Fuel Economy &Use-phase Emissions

TR-AU-410a.3

Transportation

Automobiles

Business Model &Innovation

Materials Sourcing &Efficiency

Materials Sourcing

Transportation

Automobiles

Business Model &Innovation

Materials Sourcing &Efficiency

Transportation

Automobiles

Business Model &Innovation

Transportation

Automobiles

Transportation

Cruise Lines

✔

✔
✔

✔

✔

✔

✔

✔

✔

✔

Number✔

✔

Discussion of strategy for managing fleet fuel economy and emissions
risks and opportunities

n/a

✔

✔

TR-AU-440a.1

Description of the management of risks associated with the use ofcritical materials

n/a

✔

✔

Materials Efficiency &Recycling

TR-AU-440b.1

Total amount of waste from manufacturing, percentage recycled

Metric tons (t),Percentage (%)✔

✔

Materials Sourcing &Efficiency

Materials Efficiency &Recycling

TR-AU-440b.2

Weight of end-of-life material recovered, percentage recycled

Metric tons (t),Percentage (%)✔

✔

Business Model &Innovation

Materials Sourcing &Efficiency

Materials Efficiency &Recycling

TR-AU-440b.3

Average recyclability of vehicles sold

Percentage (%)
by salesweighted
metric tons (t)✔

✔

Environment

GHG Emissions

Greenhouse Gas
Emissions

TR-CL-110a.1

Metric tons (t)
CO2-e

✔

✔

Gross global Scope 1 emissions

1
List of Disclosure Items and Indicators of ESG InformationDisclosure Frameworks/Standards and Classification Results

List of Disclosure Items and Indicators of ESG InformationDisclosure Frameworks/Standards and Classification Results218

ESG Issue Category

Summary oforganization or business1

Industry

Environment

SectorAppendix

List of Accounting Metics of SASB Standards

219

Innovation

Management

Use-phase Emissions✔

✔

Business Model &Innovation

Product Design & Lifecycle
Management

Fuel Economy &Use-phase Emissions

TR-AU-410a.2

Number of (1) zero emission vehicles (ZEV), (2) hybrid vehicles, and(3) plug-in hybrid vehicles soldNumber✔

Transportation

Automobiles

Business Model &Innovation

Product Design & Lifecycle
Management

Fuel Economy &Use-phase Emissions

TR-AU-410a.3

Discussion of strategy for managing fleet fuel economy and emissions
risks and opportunities

n/a✔

Innovation

Materials Sourcing &Efficiency

Materials Sourcing

TR-AU-440a.1

Description of the management of risks associated with the use ofcritical materials

n/a

✔

✔

✔
Disclosure Information Category
KPIs

Strategies andpractices

Recognition of ESG
risks and opportunities

Identification ofmateriality

GovernanceCommunication withstakehoders

Massage from director
and/or management

Business model

Summary oforganization or businessTransportation

Automobiles

Business Model &Innovation

Materials Sourcing &Efficiency

Materials Efficiency &Recycling

TR-AU-440b.1

Total amount of waste from manufacturing, percentage recycled

Metric tons (t),Percentage (%)

Transportation
SectorAutomobiles
Industry

BusinessModel&
ESG Issue
Category
Innovation

MaterialsESG
Sourcing
Issue &
Efficiency

Materials
Efficiency&
Disclosure
Topic
Recycling

TR-AU-440b.2
ID

Weight of end-of-life material
recovered,metic
percentage recycled
Accounting

Metric(t),
Unitof tonsmeasurePercentage (%)

Transportation

Automobiles

Business Model &Innovation

Materials Sourcing &Efficiency

Materials Efficiency &Recycling

TR-AU-440b.3

Average recyclability of vehicles sold

Percentage (%)
by salesweighted
metric tons (t)✔

Transportation

Cruise Lines

Environment

GHG Emissions

Greenhouse Gas
Emissions

TR-CL-110a.1

Gross global Scope 1 emissions

Metric tons (t)
CO2-e

✔

Transportation

Cruise Lines

Environment

GHG Emissions

Greenhouse Gas
Emissions

TR-CL-110a.2

Discussion of long-term and short-term strategy or plan to manage
Scope 1 emissions, emissions reduction targets, and an analysis ofperformance against those targets

n/aTransportation

Cruise Lines

Environment

GHG Emissions

Greenhouse Gas
Emissions

TR-CL-110a.3(1) Total energy consumed, (2) percentage heavy fuel oil, (3)percentage onshore power supply (OPS), (4) percentage renewable

Gigajoules (GJ),
Percentage (%)✔

✔

Transportation

Cruise Lines

Environment

GHG Emissions

Greenhouse Gas
Emissions

TR-CL-110a.4

Average Energy Efficiency Design Index (EEDI) for new ships

Grams of CO2
per ton-nautical
mile

✔

✔

Transportation

Cruise Lines

Environment

Air Quality

Air Quality

TR-CL-120a.1

Air emissions of the following pollutants: (1) NOx (excluding N2O), (2)SOx, and (3) particulate matter (PM10)

Metric tons (t)✔

✔

Transportation

Cruise Lines

Environment

Ecological Impacts

Discharge Management &Ecological Impacts

TR-CL-160a.1

Total amount of ship waste discharged to the environment, percentage
treated prior to discharge

Metric tons (t),Percentage (%)✔

✔

Transportation

Cruise Lines

Environment

Ecological Impacts

Discharge Management &Ecological Impacts

TR-CL-160a.2

Percentage of fleet implementing ballast water (1) exchange and (2)treatment

Percentage (%)✔

✔

Transportation

Cruise Lines

Environment

Ecological Impacts

Discharge Management &Ecological Impacts

TR-CL-160a.3

Cruise duration in marine protected areas or areas of protectedconservation status

Number of travel
days

✔

✔

Transportation

Cruise Lines

Environment

Ecological Impacts

Discharge Management &Ecological Impacts

TR-CL-160a.4

Number of notices of violations received for dumping

Number✔

✔

Transportation

Cruise Lines

Social Capital

Product Quality & Safety

Customer Health & Safety

TR-CL-250a.1

Number of alleged crime incidents involving passengers or employees

Number✔

Transportation

Cruise Lines

Social Capital

Product Quality & Safety

Customer Health & Safety

TR-CL-250a.2

Fleet average CDC Vessel Sanitation Program inspection score,
percentage of inspections failed

Number,
Percentage (%)✔

Transportation

Cruise Lines

Social Capital

Product Quality & Safety

Customer Health & Safety

TR-CL-250a.3(1) Serious injuries per million passengers and (2) number of voyages
with a gastrointestinal illness count exceeding 2%Rate, Number

Transportation

Cruise Lines

Human Capital

Labor Practices

Labor Practices

TR-CL-310a.1

Average hourly wage for seafarers, by region

Reportingcurrency✔

Transportation

Cruise Lines

Human Capital

Labor Practices

Labor Practices

TR-CL-310a.2

Percentage of seafarers working maximum hours

Percentage (%)✔

Transportation

Cruise Lines

Human Capital

Labor Practices

Labor Practices

TR-CL-310a.3

Percentage of seafarers paid for overtime

Percentage (%)✔

Transportation

Cruise Lines

Human Capital

Labor Practices

Labor Practices

TR-CL-310a.4

Total amount of monetary losses as a result of legal proceedings
associated with labor law violations

Reportingcurrency✔

Transportation

Cruise Lines

Human Capital

Employee Health & Safety

Employee Health & Safety

TR-CL-320a.1

Seafarer lost time incident rate (LTIR)

Rate

✔

Transportation

Cruise Lines

Leadership & GovernanceCritical Incident Risk
Management

Accident Management

TR-CL-540a.1

Number of Conditions of Class or Recommendations

Number✔

Transportation

Cruise Lines

Leadership & GovernanceCritical Incident Risk
Management

Accident Management

TR-CL-540a.2

Number of port state control (1) deficiencies and (2) detentions

Number✔

Transportation

Cruise Lines

Leadership & GovernanceCritical Incident Risk
Management

Accident Management

TR-CL-540a.3

Number of marine casualties, percentage classified as very serious

Number✔

Transportation

Car Rental & Leasing

Social Capital

Product Quality & Safety

Customer Safety

TR-CR-250a.1

Percentage of rental fleet vehicles rated by NCAP programs with an
overall 5-star safety rating, by region

Percentage (%)✔

Transportation

Car Rental & Leasing

Social Capital

Product Quality & Safety

Customer Safety

TR-CR-250a.2

Number of vehicles recalled

Number✔

Transportation

Car Rental & Leasing

Business Model &Innovation

Product Design & Lifecycle
Management

Fleet Fuel Economy &Utilization

TR-CR-410a.1

Rental day-weighted average rental fleet fuel economy, by region

Mpg, L/km,
gCO /km, km/L

Transportation

Car Rental & Leasing

Business Model &Innovation

Product Design & Lifecycle
Management

Fleet Fuel Economy &Utilization

TR-CR-410a.2

Fleet utilization rate

Rate

Transportation

Marine Transportation

Environment

GHG Emissions

Greenhouse Gas
Emissions

TR-MT-110a.1

Gross global Scope 1 emissions

Metric tons (t)CO2-eTransportation

Marine Transportation

Environment

GHG Emissions

Greenhouse Gas
Emissions

TR-MT-110a.2

Discussion of long-term and short-term strategy or plan to manage
Scope 1 emissions, emissions reduction targets, and an analysis ofperformance against those targets

n/a

✔

✔

✔

✔

✔

Appendix

Automobiles

Environment

✔

✔

✔

✔

✔

✔

1
List of Disclosure Items and Indicators of ESG InformationDisclosure Frameworks/Standards and Classification Results

List of Disclosure Items and Indicators of ESG InformationDisclosure Frameworks/Standards and Classification Results

220✔

Transportation

Listof Accounting
Metics of SASB Standards
Automobiles
Business Model &Transportation

1

gCO /km, km/L

✔

✔

✔

✔

✔

221

Cruise Lines

Leadership & GovernanceCritical Incident Risk
Management

Accident Management

TR-CL-540a.2

Number of port state control (1) deficiencies and (2) detentions

Number✔

Transportation

Cruise Lines

Leadership & GovernanceCritical Incident Risk
Management

Accident Management

TR-CL-540a.3

Number of marine casualties, percentage classified as very serious

Number✔

Transportation

Car Rental & Leasing

Social Capital

Product Quality & Safety

Customer Safety

TR-CR-250a.1

Percentage of rental fleet vehicles rated by NCAP programs with an
overall 5-star safety rating, by region

Percentage (%)✔

Transportation

Car Rental & Leasing

Social Capital

Product Quality & Safety

Customer Safety

TR-CR-250a.2

Number of vehicles recalled

NumberTransportation

Car Rental & Leasing

Business Model &Innovation

Product Design & Lifecycle
Management

Fleet Fuel Economy &Utilization

TR-CR-410a.1

Rental day-weighted average rental fleet fuel economy, by region

Mpg, L/km,
gCO /km, km/L

SectorTransportation

Industry
Car Rental & Leasing

ESG Issue Category
Business Model &Innovation

ESG Issue
Product Design & Lifecycle
Management

Disclosure Topic
Fleet Fuel Economy &Utilization

ID
TR-CR-410a.2

Fleet utilization rate

Transportation

Marine Transportation

Environment

GHG Emissions

Greenhouse Gas
Emissions

TR-MT-110a.1

Gross global Scope 1 emissions

Metric tons (t)CO2-eTransportation

Marine Transportation

Environment

GHG Emissions

Greenhouse Gas
Emissions

TR-MT-110a.2

Discussion of long-term and short-term strategy or plan to manage
Scope 1 emissions, emissions reduction targets, and an analysis ofperformance against those targets

n/aTransportation

Marine Transportation

Environment

GHG Emissions

Greenhouse Gas
Emissions

TR-MT-110a.3(1) Total energy consumed, (2) percentage heavy fuel oil, (3)percentage renewable

Gigajoules (GJ),
Percentage (%)✔

✔

Transportation

Marine Transportation

Environment

GHG Emissions

Greenhouse Gas
Emissions

TR-MT-110a.4

Average Energy Efficiency Design Index (EEDI) for new ships

Grams of CO2
per ton-nautical
mile

✔

✔

Transportation

Marine Transportation

Environment

Air Quality

Air Quality

TR-MT-120a.1

Air emissions of the following pollutants: (1) NOx (excluding N2O), (2)SOx, and (3) particulate matter (PM10)

Metric tons (t)✔

✔

Transportation

Marine Transportation

Environment

Ecological Impacts

Ecological Impacts

TR-MT-160a.1

Shipping duration in marine protected areas or areas of protectedconservation status

Number of travel
days

✔

✔

Transportation

Marine Transportation

Environment

Ecological Impacts

Ecological Impacts

TR-MT-160a.2

Percentage of fleet implementing ballast water (1) exchange and (2)treatment

Percentage (%)✔

✔

Transportation

Marine Transportation

Environment

Ecological Impacts

Ecological Impacts

TR-MT-160a.3(1) Number and (2) aggregate volume of spills and releases to theenvironment

Number, Cubic
meters (m³)✔

✔

Transportation

Marine Transportation

Human Capital

Employee Health & Safety

Employee Health & Safety

TR-MT-320a.1

Lost time incident rate (LTIR)

Rate

✔

Transportation

Marine Transportation

Leadership & GovernanceBusiness Ethics

Business Ethics

TR-MT-510a.1

Number of calls at ports in countries that have the 20 lowest rankings inTransparency International’s Corruption Perception Index

Number✔

Transportation

Marine Transportation

Leadership & GovernanceBusiness Ethics

Business Ethics

TR-MT-510a.2

Total amount of monetary losses as a result of legal proceedings
associated with bribery or corruption

Reportingcurrency✔

Transportation

Marine Transportation

Leadership & GovernanceCritical Incident Risk
Management

Accident & Safety
Management

TR-MT-540a.1

Number of marine casualties, percentage classified as very serious

Number,
Percentage (%)✔

Transportation

Marine Transportation

Leadership & GovernanceCritical Incident Risk
Management

Accident & Safety
Management

TR-MT-540a.2

Number of Conditions of Class or Recommendations

Number✔

Transportation

Marine Transportation

Leadership & GovernanceCritical Incident Risk
Management

Accident & Safety
Management

TR-MT-540a.3

Number of port state control (1) deficiencies and (2) detentions

Number✔

Transportation

Rail Transportation

Environment

GHG Emissions

Greenhouse Gas
Emissions

TR-RA-110a.1

Gross global Scope 1 emissions

Metric tons (t)CO2-eTransportation

Rail Transportation

Environment

GHG Emissions

Greenhouse Gas
Emissions

TR-RA-110a.2

Discussion of long-term and short-term strategy or plan to manage
Scope 1 emissions, emissions reduction targets, and an analysis ofperformance against those targets

n/aTransportation

Rail Transportation

Environment

GHG Emissions

Greenhouse Gas
Emissions

TR-RA-110a.3

Total fuel consumed, percentage renewable

Gigajoules (GJ),
Percentage (%)

Transportation

Rail Transportation

Environment

Air Quality

Air Quality

TR-RA-120a.1

Air emissions of the following pollutants: (1) NOx (excluding N2O) and(2) particulate matter (PM10)

Metric tons (t)Transportation

Rail Transportation

Human Capital

Employee Health & Safety

Employee Health & Safety

TR-RA-320a.1(1) Total recordable incident rate (TRIR), (2) fatality rate, and (3) near
miss frequency rate (NMFR)

Rate

Transportation

Rail Transportation

Leadership & GovernanceCompetitive Behavior

Competitive Behavior

TR-RA-520a.1

Total amount of monetary losses as a result of legal proceedings
associated with anti-competitive behavior regulations

Reportingcurrency

Transportation

Rail Transportation

Leadership & GovernanceCritical Incident Risk
Management

Accident & Safety
Management

TR-RA-540a.1

Number of accidents and incidents

Number✔

Transportation

Rail Transportation

Leadership & GovernanceCritical Incident Risk
Management

Accident & Safety
Management

TR-RA-540a.2

Number of (1) accident releases and (2) non-accident releases (NARs)

Number✔

Transportation

Rail Transportation

Leadership & GovernanceCritical Incident Risk
Management

Accident & Safety
Management

TR-RA-540a.3

Number of Federal Railroad Administration (FRA) Recommended
Violation Defects

Number✔

Transportation

Rail Transportation

Leadership & GovernanceCritical Incident Risk
Management

Accident & Safety
Management

TR-RA-540a.4

Frequency of internal railway integrity inspections

Rate

✔

Transportation

Road Transportation

Environment

GHG Emissions

Greenhouse Gas
Emissions

TR-RO-110a.1

Gross global Scope 1 emissions

Metric tons (t)CO2-eTransportation

Road Transportation

Environment

GHG Emissions

Greenhouse Gas
Emissions

TR-RO-110a.2

Discussion of long-term and short-term strategy or plan to manage
Scope 1 emissions, emissions reduction targets, and an analysis ofperformance against those targets

n/a

List of Accounting Metics of SASB Standards

✔
✔

✔

✔

✔

✔

✔

✔

✔

✔

✔

✔

✔

✔

✔

1
List of Disclosure Items and Indicators of ESG InformationDisclosure Frameworks/Standards and Classification Results

✔

✔

KPIs

Strategies andpractices

Recognition of ESG
risks and opportunities

Identification ofmateriality

GovernanceCommunication withstakehoders✔

Massage from director
and/or management✔

Business model✔

Summary oforganization or business

List of Disclosure Items and Indicators of ESG InformationDisclosure Frameworks/Standards and Classification Results

222

Unit of measure
Rate

Environment

1

Accounting metic

Disclosure Information Category

Appendix

Transportation

✔

✔

223

Innovation

Management

Use-phase Emissions✔

✔

Business Model &Innovation

Product Design & Lifecycle
Management

Fuel Economy &Use-phase Emissions

TR-AU-410a.2

Number of (1) zero emission vehicles (ZEV), (2) hybrid vehicles, and(3) plug-in hybrid vehicles soldNumber✔

Transportation

Automobiles

Business Model &Innovation

Product Design & Lifecycle
Management

Fuel Economy &Use-phase Emissions

TR-AU-410a.3

Discussion of strategy for managing fleet fuel economy and emissions
risks and opportunities

n/a✔

Innovation

Materials Sourcing &Efficiency

Materials Sourcing

TR-AU-440a.1

Description of the management of risks associated with the use ofcritical materials

n/a

✔

✔

✔
Disclosure Information Category
KPIs

Strategies andpractices

Recognition of ESG
risks and opportunities

Identification ofmateriality

GovernanceCommunication withstakehoders

Massage from director
and/or management

Business model

Summary oforganization or businessTransportation

Automobiles

Business Model &Innovation

Materials Sourcing &Efficiency

Materials Efficiency &Recycling

TR-AU-440b.1

Total amount of waste from manufacturing, percentage recycled

Metric tons (t),Percentage (%)

Transportation
SectorAutomobiles
Industry

BusinessModel&
ESG Issue
Category
Innovation

MaterialsESG
Sourcing
Issue &
Efficiency

Materials
Efficiency&
Disclosure
Topic
Recycling

TR-AU-440b.2
ID

Weight of end-of-life material
recovered,metic
percentage recycled
Accounting

Metric(t),
Unitof tonsmeasurePercentage (%)

Transportation

Automobiles

Business Model &Innovation

Materials Sourcing &Efficiency

Materials Efficiency &Recycling

TR-AU-440b.3

Average recyclability of vehicles sold

Percentage (%)
by salesweighted
metric tons (t)✔

Transportation

Cruise Lines

Environment

GHG Emissions

Greenhouse Gas
Emissions

TR-CL-110a.1

Gross global Scope 1 emissions

Metric tons (t)
CO2-e

✔

Transportation

Cruise Lines

Environment

GHG Emissions

Greenhouse Gas
Emissions

TR-CL-110a.2

Discussion of long-term and short-term strategy or plan to manage
Scope 1 emissions, emissions reduction targets, and an analysis ofperformance against those targets

n/aTransportation

Cruise Lines

Environment

GHG Emissions

Greenhouse Gas
Emissions

TR-CL-110a.3(1) Total energy consumed, (2) percentage heavy fuel oil, (3)percentage onshore power supply (OPS), (4) percentage renewable

Gigajoules (GJ),
Percentage (%)✔

✔

Transportation

Cruise Lines

Environment

GHG Emissions

Greenhouse Gas
Emissions

TR-CL-110a.4

Average Energy Efficiency Design Index (EEDI) for new ships

Grams of CO2
per ton-nautical
mile

✔

✔

Transportation

Cruise Lines

Environment

Air Quality

Air Quality

TR-CL-120a.1

Air emissions of the following pollutants: (1) NOx (excluding N2O), (2)SOx, and (3) particulate matter (PM10)

Metric tons (t)✔

✔

Transportation

Cruise Lines

Environment

Ecological Impacts

Discharge Management &Ecological Impacts

TR-CL-160a.1

Total amount of ship waste discharged to the environment, percentage
treated prior to discharge

Metric tons (t),Percentage (%)✔

✔

Transportation

Cruise Lines

Environment

Ecological Impacts

Discharge Management &Ecological Impacts

TR-CL-160a.2

Percentage of fleet implementing ballast water (1) exchange and (2)treatment

Percentage (%)✔

✔

Transportation

Cruise Lines

Environment

Ecological Impacts

Discharge Management &Ecological Impacts

TR-CL-160a.3

Cruise duration in marine protected areas or areas of protectedconservation status

Number of travel
days

✔

✔

Transportation

Cruise Lines

Environment

Ecological Impacts

Discharge Management &Ecological Impacts

TR-CL-160a.4

Number of notices of violations received for dumping

Number✔

✔

Transportation

Cruise Lines

Social Capital

Product Quality & Safety

Customer Health & Safety

TR-CL-250a.1

Number of alleged crime incidents involving passengers or employees

Number✔

Transportation

Cruise Lines

Social Capital

Product Quality & Safety

Customer Health & Safety

TR-CL-250a.2

Fleet average CDC Vessel Sanitation Program inspection score,
percentage of inspections failed

Number,
Percentage (%)✔

Transportation

Cruise Lines

Social Capital

Product Quality & Safety

Customer Health & Safety

TR-CL-250a.3(1) Serious injuries per million passengers and (2) number of voyages
with a gastrointestinal illness count exceeding 2%Rate, Number

Transportation

Cruise Lines

Human Capital

Labor Practices

Labor Practices

TR-CL-310a.1

Average hourly wage for seafarers, by region

Reportingcurrency✔

Transportation

Cruise Lines

Human Capital

Labor Practices

Labor Practices

TR-CL-310a.2

Percentage of seafarers working maximum hours

Percentage (%)✔

Transportation

Cruise Lines

Human Capital

Labor Practices

Labor Practices

TR-CL-310a.3

Percentage of seafarers paid for overtime

Percentage (%)✔

Transportation

Cruise Lines

Human Capital

Labor Practices

Labor Practices

TR-CL-310a.4

Total amount of monetary losses as a result of legal proceedings
associated with labor law violations

Reportingcurrency✔

Transportation

Cruise Lines

Human Capital

Employee Health & Safety

Employee Health & Safety

TR-CL-320a.1

Seafarer lost time incident rate (LTIR)

Rate

✔

Transportation

Cruise Lines

Leadership & GovernanceCritical Incident Risk
Management

Accident Management

TR-CL-540a.1

Number of Conditions of Class or Recommendations

Number✔

Transportation

Cruise Lines

Leadership & GovernanceCritical Incident Risk
Management

Accident Management

TR-CL-540a.2

Number of port state control (1) deficiencies and (2) detentions

Number✔

Transportation

Cruise Lines

Leadership & GovernanceCritical Incident Risk
Management

Accident Management

TR-CL-540a.3

Number of marine casualties, percentage classified as very serious

Number✔

Transportation

Car Rental & Leasing

Social Capital

Product Quality & Safety

Customer Safety

TR-CR-250a.1

Percentage of rental fleet vehicles rated by NCAP programs with an
overall 5-star safety rating, by region

Percentage (%)✔

Transportation

Car Rental & Leasing

Social Capital

Product Quality & Safety

Customer Safety

TR-CR-250a.2

Number of vehicles recalled

Number✔

Transportation

Car Rental & Leasing

Business Model &Innovation

Product Design & Lifecycle
Management

Fleet Fuel Economy &Utilization

TR-CR-410a.1

Rental day-weighted average rental fleet fuel economy, by region

Mpg, L/km,
gCO /km, km/L

Transportation

Car Rental & Leasing

Business Model &Innovation

Product Design & Lifecycle
Management

Fleet Fuel Economy &Utilization

TR-CR-410a.2

Fleet utilization rate

Rate

Transportation

Marine Transportation

Environment

GHG Emissions

Greenhouse Gas
Emissions

TR-MT-110a.1

Gross global Scope 1 emissions

Metric tons (t)CO2-eTransportation

Marine Transportation

Environment

GHG Emissions

Greenhouse Gas
Emissions

TR-MT-110a.2

Discussion of long-term and short-term strategy or plan to manage
Scope 1 emissions, emissions reduction targets, and an analysis ofperformance against those targets

n/a

✔

✔

✔

✔

✔

Appendix

Automobiles

Environment

✔

✔

✔

✔

✔

✔

1
List of Disclosure Items and Indicators of ESG InformationDisclosure Frameworks/Standards and Classification Results

List of Disclosure Items and Indicators of ESG InformationDisclosure Frameworks/Standards and Classification Results

224✔

Transportation

Listof Accounting
Metics of SASB Standards
Automobiles
Business Model &Transportation

1

gCO /km, km/L

✔

✔

✔

✔

✔

225

Cruise Lines

Leadership & GovernanceCritical Incident Risk
Management

Accident Management

TR-CL-540a.2

Number of port state control (1) deficiencies and (2) detentions

Number✔

Transportation

Cruise Lines

Leadership & GovernanceCritical Incident Risk
Management

Accident Management

TR-CL-540a.3

Number of marine casualties, percentage classified as very serious

Number✔

Transportation

Car Rental & Leasing

Social Capital

Product Quality & Safety

Customer Safety

TR-CR-250a.1

Percentage of rental fleet vehicles rated by NCAP programs with an
overall 5-star safety rating, by region

Percentage (%)✔

Transportation

Car Rental & Leasing

Social Capital

Product Quality & Safety

Customer Safety

TR-CR-250a.2

Number of vehicles recalled

NumberTransportation

Car Rental & Leasing

Business Model &Innovation

Product Design & Lifecycle
Management

Fleet Fuel Economy &Utilization

TR-CR-410a.1

Rental day-weighted average rental fleet fuel economy, by region

Mpg, L/km,
gCO /km, km/L

SectorTransportation

Industry
Car Rental & Leasing

ESG Issue Category
Business Model &Innovation

ESG Issue
Product Design & Lifecycle
Management

Disclosure Topic
Fleet Fuel Economy &Utilization

ID
TR-CR-410a.2

Fleet utilization rate

Transportation

Marine Transportation

Environment

GHG Emissions

Greenhouse Gas
Emissions

TR-MT-110a.1

Gross global Scope 1 emissions

Metric tons (t)CO2-eTransportation

Marine Transportation

Environment

GHG Emissions

Greenhouse Gas
Emissions

TR-MT-110a.2

Discussion of long-term and short-term strategy or plan to manage
Scope 1 emissions, emissions reduction targets, and an analysis ofperformance against those targets

n/aTransportation

Marine Transportation

Environment

GHG Emissions

Greenhouse Gas
Emissions

TR-MT-110a.3(1) Total energy consumed, (2) percentage heavy fuel oil, (3)percentage renewable

Gigajoules (GJ),
Percentage (%)✔

✔

Transportation

Marine Transportation

Environment

GHG Emissions

Greenhouse Gas
Emissions

TR-MT-110a.4

Average Energy Efficiency Design Index (EEDI) for new ships

Grams of CO2
per ton-nautical
mile

✔

✔

Transportation

Marine Transportation

Environment

Air Quality

Air Quality

TR-MT-120a.1

Air emissions of the following pollutants: (1) NOx (excluding N2O), (2)SOx, and (3) particulate matter (PM10)

Metric tons (t)✔

✔

Transportation

Marine Transportation

Environment

Ecological Impacts

Ecological Impacts

TR-MT-160a.1

Shipping duration in marine protected areas or areas of protectedconservation status

Number of travel
days

✔

✔

Transportation

Marine Transportation

Environment

Ecological Impacts

Ecological Impacts

TR-MT-160a.2

Percentage of fleet implementing ballast water (1) exchange and (2)treatment

Percentage (%)✔

✔

Transportation

Marine Transportation

Environment

Ecological Impacts

Ecological Impacts

TR-MT-160a.3(1) Number and (2) aggregate volume of spills and releases to theenvironment

Number, Cubic
meters (m³)✔

✔

Transportation

Marine Transportation

Human Capital

Employee Health & Safety

Employee Health & Safety

TR-MT-320a.1

Lost time incident rate (LTIR)

Rate

✔

Transportation

Marine Transportation

Leadership & GovernanceBusiness Ethics

Business Ethics

TR-MT-510a.1

Number of calls at ports in countries that have the 20 lowest rankings inTransparency International’s Corruption Perception Index

Number✔

Transportation

Marine Transportation

Leadership & GovernanceBusiness Ethics

Business Ethics

TR-MT-510a.2

Total amount of monetary losses as a result of legal proceedings
associated with bribery or corruption

Reportingcurrency✔

Transportation

Marine Transportation

Leadership & GovernanceCritical Incident Risk
Management

Accident & Safety
Management

TR-MT-540a.1

Number of marine casualties, percentage classified as very serious

Number,
Percentage (%)✔

Transportation

Marine Transportation

Leadership & GovernanceCritical Incident Risk
Management

Accident & Safety
Management

TR-MT-540a.2

Number of Conditions of Class or Recommendations

Number✔

Transportation

Marine Transportation

Leadership & GovernanceCritical Incident Risk
Management

Accident & Safety
Management

TR-MT-540a.3

Number of port state control (1) deficiencies and (2) detentions

Number✔

Transportation

Rail Transportation

Environment

GHG Emissions

Greenhouse Gas
Emissions

TR-RA-110a.1

Gross global Scope 1 emissions

Metric tons (t)CO2-eTransportation

Rail Transportation

Environment

GHG Emissions

Greenhouse Gas
Emissions

TR-RA-110a.2

Discussion of long-term and short-term strategy or plan to manage
Scope 1 emissions, emissions reduction targets, and an analysis ofperformance against those targets

n/aTransportation

Rail Transportation

Environment

GHG Emissions

Greenhouse Gas
Emissions

TR-RA-110a.3

Total fuel consumed, percentage renewable

Gigajoules (GJ),
Percentage (%)

Transportation

Rail Transportation

Environment

Air Quality

Air Quality

TR-RA-120a.1

Air emissions of the following pollutants: (1) NOx (excluding N2O) and(2) particulate matter (PM10)

Metric tons (t)Transportation

Rail Transportation

Human Capital

Employee Health & Safety

Employee Health & Safety

TR-RA-320a.1(1) Total recordable incident rate (TRIR), (2) fatality rate, and (3) near
miss frequency rate (NMFR)

Rate

Transportation

Rail Transportation

Leadership & GovernanceCompetitive Behavior

Competitive Behavior

TR-RA-520a.1

Total amount of monetary losses as a result of legal proceedings
associated with anti-competitive behavior regulations

Reportingcurrency

Transportation

Rail Transportation

Leadership & GovernanceCritical Incident Risk
Management

Accident & Safety
Management

TR-RA-540a.1

Number of accidents and incidents

Number✔

Transportation

Rail Transportation

Leadership & GovernanceCritical Incident Risk
Management

Accident & Safety
Management

TR-RA-540a.2

Number of (1) accident releases and (2) non-accident releases (NARs)

Number✔

Transportation

Rail Transportation

Leadership & GovernanceCritical Incident Risk
Management

Accident & Safety
Management

TR-RA-540a.3

Number of Federal Railroad Administration (FRA) Recommended
Violation Defects

Number✔

Transportation

Rail Transportation

Leadership & GovernanceCritical Incident Risk
Management

Accident & Safety
Management

TR-RA-540a.4

Frequency of internal railway integrity inspections

Rate

✔

Transportation

Road Transportation

Environment

GHG Emissions

Greenhouse Gas
Emissions

TR-RO-110a.1

Gross global Scope 1 emissions

Metric tons (t)CO2-eTransportation

Road Transportation

Environment

GHG Emissions

Greenhouse Gas
Emissions

TR-RO-110a.2

Discussion of long-term and short-term strategy or plan to manage
Scope 1 emissions, emissions reduction targets, and an analysis ofperformance against those targets

n/a

List of Accounting Metics of SASB Standards

✔
✔

✔

✔

✔

✔

✔

✔

✔

✔

✔

✔

✔

✔

✔

1
List of Disclosure Items and Indicators of ESG InformationDisclosure Frameworks/Standards and Classification Results

✔

✔

KPIs

Strategies andpractices

Recognition of ESG
risks and opportunities

Identification ofmateriality

GovernanceCommunication withstakehoders✔

Massage from director
and/or management✔

Business model✔

Summary oforganization or business

List of Disclosure Items and Indicators of ESG InformationDisclosure Frameworks/Standards and Classification Results

226

Unit of measure
Rate

Environment

1

Accounting metic

Disclosure Information Category

Appendix

Transportation

✔

✔

227

Rail Transportation

Human Capital

Employee Health & Safety

Employee Health & Safety

TR-RA-320a.1(1) Total recordable incident rate (TRIR), (2) fatality rate, and (3) near
miss frequency rate (NMFR)

Rate

Transportation

Rail Transportation

Leadership & GovernanceCompetitive Behavior

Competitive Behavior

TR-RA-520a.1

Total amount of monetary losses as a result of legal proceedings
associated with anti-competitive behavior regulations

Reportingcurrency

Transportation

Rail Transportation

Leadership & GovernanceCritical Incident Risk
Management

Accident & Safety
Management

TR-RA-540a.1

Number of accidents and incidents

NumberList of Accounting Metics of SASB Standards✔

Transportation

Rail Transportation

Leadership & GovernanceCritical Incident Risk
Management

Accident & Safety
Management

TR-RA-540a.2

Number of (1) accident releases and (2) non-accident releases (NARs)

NumberTransportation

Rail Transportation

Leadership & Governance

ESG Issue Category
Leadership & Governance

ID
TR-RA-540a.4

Number of Federal Railroad Administration (FRA) Recommended
Violation Defects
Accounting metic
Frequency of internal railway integrity inspections

NumberIndustry
Rail Transportation

Accident & Safety
Management
Disclosure Topic
Accident & Safety
Management

TR-RA-540a.3

SectorTransportation

Critical Incident Risk
Management
ESG Issue
Critical Incident Risk
Management

Transportation

Road Transportation

Environment

GHG Emissions

Greenhouse Gas
Emissions

TR-RO-110a.1

Gross global Scope 1 emissions

Metric tons (t)CO2-eTransportation

Road Transportation

Environment

GHG Emissions

Greenhouse Gas
Emissions

TR-RO-110a.2

Discussion of long-term and short-term strategy or plan to manage
Scope 1 emissions, emissions reduction targets, and an analysis ofperformance against those targets

n/aTransportation

Road Transportation

Environment

GHG Emissions

Greenhouse Gas
Emissions

TR-RO-110a.3(1) Total fuel consumed, (2) percentage natural gas, (3) percentage
renewable

Gigajoules (GJ),
Percentage (%)

Transportation

Road Transportation

Environment

Air Quality

Air Quality

TR-RO-120a.1

Air emissions of the following pollutants: (1) NOx (excluding N2O), (2)SOx, and (3) particulate matter (PM10)

Metric tons (t)Transportation

Road Transportation

Human Capital

Employee Health & Safety

Driver Working Conditions

TR-RO-320a.1(1) Total recordable incident rate (TRIR) and (2) fatality rate for (a)direct employees and (b) contract employees

Rate

✔

Transportation

Road Transportation

Human Capital

Employee Health & Safety

Driver Working Conditions

TR-RO-320a.2(1) Voluntary and (2) involuntary turnover rate for all employees

Rate

✔

Transportation

Road Transportation

Human Capital

Employee Health & Safety

Driver Working Conditions

TR-RO-320a.3

Description of approach to managing short-term and long-term driver
health risks

n/aTransportation

Road Transportation

Leadership & GovernanceCritical Incident Risk
Management

Accident & Safety
Management

TR-RO-540a.1

Number of road accidents and incidents

NumberTransportation

Road Transportation

Leadership & GovernanceCritical Incident Risk
Management

Accident & Safety
Management

TR-RO-540a.2

Safety Measurement System BASIC percentiles for: (1) Unsafe Driving,(2) Hours-of-Service Compliance, (3) Driver Fitness, (4) Controlled
Substances/Alcohol, (5) Vehicle Maintenance, and (6) Hazardous
Materials Compliance

Percentile

Critical Incident Risk
Management

Accident & Safety
Management

TR-RO-540a.3(1) Number and (2) aggregate volume of spills and releases to theenvironment

Number, Cubic
meters (m³)

KPIs

Strategies andpractices

Recognition of ESG
risks and opportunities

Identification ofmateriality

Governance

✔

✔

✔

✔

✔

✔

✔

✔

✔

✔

✔

✔

✔

1
List of Disclosure Items and Indicators of ESG InformationDisclosure Frameworks/Standards and Classification Results

Source: Prepared by Nissay Asset Management Co., Ltd. on the basis of SASB Standards(VERSION 2018-10).

Communication withstakehoders

Leadership & Governance✔

Massage from director
and/or management

Road Transportation✔

Business modelTransportation

Unit of measure
Rate✔

Disclosure Information Category
Summary oforganization or business

List of Disclosure Items and Indicators of ESG InformationDisclosure Frameworks/Standards and Classification Results

228✔

Environment

1✔

Appendix

Transportation

229

List of Recommended Disclosures of TCFD Final Reccomendations
Disclosure Information Category‒ how the board monitors and oversees
progress against goals and targets foraddressing climate-related issues.
b) Describe
management’s
role in assessing
and managing
climate-relatedrisks andopportunities.

All sectors

In describing management’s role related
to the assessment and management ofclimate-related issues, organizations
should consider including the following
information:✔

‒ whether the organization has assigned
climate-related responsibilities tomanagement-level positions orcommittees; and, if so, whether suchmanagement positions or committees
report to the board or a committee of theboard and whether those responsibilities
include assessing and/or managing
climate-related issues,‒ a description of the associated organizational structure(s),‒ processes by which management is
informed about climate-related issues,
and‒ how management (through specific positions and/or management committees)monitors climate-related issues.

Strategy: Disclose
the actual andpotential impactsof climate-related risks andopportunities on
the organization’s
businesses, strategy, and financial
planning wheresuch information
is material.

a) Describe theclimate-relatedrisks andopportunities
the organization
has identified
over the short,medium, andlong term.

All sectors

Organizations should provide the following
information:‒ a description of what they consider
to be the relevant short-, medium-,and long-term time horizons, taking
into consideration the useful life of theorganization’s assets or infrastructure
and the fact that climate-related issues
often manifest themselves over the
medium and longer terms,‒ a description of the specific climate-related issues for each time horizon (short,medium, and long term) that could
have a material financial impact on theorganization, and‒ a description of the process(es) used todetermine which risks and opportunities
could have a material financial impact on
the organization.
Organizations should consider providing
a description of their risks and opportunities by sector and/or geography, as
appropriate. In describing climate-related

✔

KPIs

List of Disclosure Items and Indicators of ESG InformationDisclosure Frameworks/Standards and Classification Results‒ whether the board and/or board
committees consider climate-related
issues when reviewing and guiding
strategy, major plans of action, risk
management policies, annual budgets,and business plans as well as setting
the organization’s performance
objectives, monitoring implementationand performance, and overseeing major
capital expenditures, acquisitions, anddivestitures, andStrategies andpractices

Recognition of ESG
risks and opportunities✔

‒ processes and frequency by which theboard and/or board committees (e.g.,
audit, risk, or other committees) are
informed about climate-related issues,

1

230

Identification ofmateriality

In describing the board’s oversight ofclimate-related issues, organizations
should consider including a discussion of
the following:

GovernanceAll sectors

Communication withstakehodersa) Describe
the board’s
oversight ofclimate-relatedrisks andopportunities.

Guidance

Massage from director
and/or management

Governance:
Disclose the organization’s governance aroundclimate-relatedrisks and opportunities.

SectorBusiness model

Recommended
Disclosure

Summary oforganization or business

Area

All sectors
Organizations should provide the following
Strategy: Disclose a) Describe thethe actual andclimate-related
information:
potential impacts
risks andof climate-re‒ a description of what they consider
opportunities
lated risks andto be the relevant short-, medium-,
theorganization
opportunities on
and long-term time horizons, taking
has identified
the organization’s
into consideration the useful life of theover the short,businesses, stratorganization’s assets or infrastructure
egy, and financial medium, andand the fact that climate-related issues
planning wherelong term.
Listof
Recommended
Disclosures
of
TCFD
Final
Reccomendations
such information
often
manifest themselves over theis material.
medium and longer terms,

Appendix

KPIs

Strategies andpractices
Recognition of ESG
risks and opportunities
Identification ofmateriality

Governance‒ a description of the process(es) used todetermine which risks and opportunities
could have a material financial impact on
the organization.

Communication withstakehoders
Massage from director
and/or management

SectorBusiness model

Recommended
Disclosure

Disclosure Information Category
Summary oforganization or businessArea‒ a description of the specific climate-related issues for each time horizon (short,medium, and long term) that could
have a material financial impact on the
Guidance
organization, and✔

Organizations should consider providing
a description of their risks and opportunities by sector and/or geography, as
appropriate. In describing climate-related
issues, organizations should refer toTables 1 and 2.
Banks

All sectors

Building on recommended disclosure (a),organizations should discuss how identified climate-related issues have affected
their businesses, strategy, and financial
planning. Organizations should consider
including the impact on their businesses
and strategy in the following areas:‒ Products and services‒ Supply chain and/or value chain‒ Adaptation and mitigation activities‒ Investment in research and development‒ Operations (including types of operations and location of facilities)
Organizations should describe how
climate-related issues serve as an input totheir financial planning process, the time
period(s) used, and how these risks andopportunities are prioritized. Organizations’ disclosures should reflect a holistic
picture of the interdependencies among
the factors that affect their ability to create
value over time. Organizations should also
consider including in their disclosures
the impact on financial planning in thefollowing areas:‒ Operating costs and revenues‒ Capital expenditures and capital
allocation‒ Acquisitions or divestments‒ Access to capital
If climate-related scenarios were used
to inform the organization’s strategy andfinancial planning, such scenarios should
be described.

Insurance
Companies

Insurance companies should describe
the potential impacts of climate-relatedrisks and opportunities, as well as provide
supporting quantitative information whereavailable, on their core businesses,
products, and services, including:‒ information at the business division,sector, or geography levels;‒ how the potential impacts influenceclient, cedent, or broker selection; and1✔

✔

List of Disclosure Items and Indicators of ESG InformationDisclosure Frameworks/Standards and Classification Resultsb) Describe
the impact ofclimate-relatedrisks and opportunities on theorganization’s
businesses,
strategy,
and financial
planning.

Banks should describe significant
concentrations of credit exposure tocarbon-related assets. Additionally,banks should consider disclosing theirclimate-related risks (transition and physical) in their lending and other financial
intermediary business activities.

‒ whether specific climate-related
products or competencies are underdevelopment, such as insuranceof green infrastructure, specialty
climate-related risk advisory services,and climate-related client engagement.
Asset
OwnersAsset owners should describe how
climate-related risks and opportunities
are factored into relevant investment strat-

231

financial planning, such scenarios should
be described.
Insurance
Companies

Insurance companies should describe
the potential impacts of climate-relatedrisks and opportunities, as well as provide
supporting quantitative information whereavailable, on their core businesses,
products,
and services, including:
List of Recommended Disclosures of TCFD Final
Reccomendations‒ information at the business division,sector, or geography levels;

AssetManagers

Asset managers should describe how
climate-related risks and opportunities
are factored into relevant products orinvestment strategies.

EnergyOrganizations should consider discussing
how climate-related risks and opportunities are integrated into their (1) current
decision making and (2) strategy formulation, including planning assumptions
and objectives around climate change
mitigation, adaptation, or opportunities
such as:‒ Research and development (R&D) andadoption of new technology.
‒ Existing and committed future activities
such as investments, restructuring,
write-downs, or impairment of assets.
‒ Critical planning assumptions aroundlegacy assets, for example, strategies
to lower carbon-, energy-, and/or
water-intensive operations.
‒ How GHG emissions, energy, and water
issues, if applicable, are consideredin capital planning and allocation; this
could include a discussion of major
acquisitions and divestments, joint-ventures, and investments in technology,
innovation, and new business areas inlight of changing climate-related risks
and opportunities.
‒ The organization’s flexibility inpositioning/repositioning capital toaddress emerging climate-related risks
and opportunities.
Same as above

Materials
andBuildings

Same as above

Ag, Food,
and Forest
Products

Same as above

All sectors

Organizations should describe how
resilient their strategies are to climate-related risks and opportunities, taking into
consideration a transition to a lowercarbon economy consistent with a 2°C or
lower scenario and, where relevant to theorganization, scenarios consistent withincreased physical climate-related risks.
Organizations should consider discussing:‒ where they believe their strategies may
be affected by climate-related risks andopportunities;︵気候変動✔
シナリオ分析︶︵気候変動
シナリオ分析︶c) Describe theresilience of theorganization’s
strategy, taking
into consideration different
climate-related
scenarios,
including a
2°C or lower
scenario.

Transportation✔

List of Disclosure Items and Indicators of ESG InformationDisclosure Frameworks/Standards and Classification Results

Asset managers should also describe
how each product or investment strategy
might be affected by the transition to alower-carbon economy.

KPIs

Asset owners should describe how
climate-related risks and opportunities
are factored into relevant investment strategies. This could be described from theperspective of the total fund or investment
strategy or individual investment strategies
for various asset classes.

Strategies andpractices
Recognition of ESG
risks and opportunities
Identification ofmateriality

Asset
Owners1232‒ whether specifiGuidancec climate-related
products or competencies are underdevelopment, such as insuranceof green infrastructure, specialty
climate-related risk advisory services,and climate-related client engagement.

Governance

SectorCommunication withstakehoders
Massage from director
and/or management

Recommended
Disclosure

Business model

Area

Summary oforganization or business‒ how the potential impacts influenceclient, cedent, or broker selection; andDisclosure Information Category

tionSame as above

Ag, Food,Same as above

and
List of Recommended DisclosuresofForest
TCFD Final Reccomendations
Products

KPIs

︵気候変動
✔ Strategies andシナリオ分 析 ︶practices︵気候変動✔ Recognition of ESG
シナand
リオopportunities
分析︶
risks
Identification ofmateriality

Governance

Organizations should consider discussing:

Disclosure Information Category
Communication withstakehoders
Massage from director
and/or management

SectorOrganizations should describe how
resilient their strategies are to climate-related risks and opportunities, taking into
consideration a transition to a lowercarbon economyGuidanceconsistent with a 2°C or
lower scenario and, where relevant to theorganization, scenarios consistent withincreased physical climate-related risks.

Business model

All sectors

Summary oforganization or businessAreac) Describe theresilience of theorganization’s
strategy,takingRecommended
intoDisclosure
consideration different
climate-related
scenarios,
including a
2°C or lower
scenario.

Appendix

Materials
andBuildings‒ where they believe their strategies may
be affected by climate-related risks andopportunities;‒ how their strategies might change
to address such potential risks andopportunities; and‒ the climate-related scenarios andassociated time horizon(s) considered.
Refer to Section D for information on
applying scenarios to forward-looking
analysis.
Insurance companies that perform
climate-related scenario analysis on theirunderwriting activities should provide thefollowing information:‒ description of the climate-related
scenarios used, including the critical
input parameters, assumptions andconsiderations, and analytical choices.
In addition to a 2°C scenario, insurancecompanies with substantial exposure to
weather-related perils should consider
using a greater than 2°C scenario toaccount for physical effects of climatechange and‒ time frames used for the climate-related
scenarios, including short-, medium-,and long-term milestones.
Asset
OwnersAsset owners that perform scenario
analysis should consider providing
a discussion of how climate-related
scenarios are used, such as to inform
investments in specific assets.

EnergyOrganizations with more than one billion
U.S. dollar equivalent (USDE) in annual
revenue should consider conducting
more robust scenario analysis to assess
the resilience of their strategies against
a range of climate-related scenarios,
including a 2°C or lower scenario and,
where relevant to the organization,
scenarios consistent
with increased physical climate-relatedrisks.
Organizations should consider discussing
the implications of different policy assumptions, macro-economic trends, energy
pathways, and technology assumptions
used in publicly available climate-related
scenarios to assess the resilience of theirstrategies.
For the climate-related scenarios used,organizations should consider providing
information on the following factors toallow investors and others to understandhow conclusions were drawn fromscenario analysis:‒ Critical input parameters, assumptions,and analytical choices for the climate-related scenarios used, particularly as
they relate to key areas such as policy
assumptions, energy deployment
pathways, technology pathways, andrelated timing assumptions.
‒ Potential qualitative or quantitative
financial implications of the climate-related scenarios, if any.

Transporta-

Same as above

List of Disclosure Items and Indicators of ESG InformationDisclosure Frameworks/Standards and Classification Results

Insurance
Companies

1

233

tions, macro-economic trends, energy
pathways, and technology assumptions
used in publicly available climate-related
scenarios to assess the resilience of theirstrategies.

List of Disclosure Items and Indicators of ESG InformationDisclosure Frameworks/Standards and Classification Results

234

Risk Management: Disclose
how the organization identifies, assesses,
and manages
climate-relatedrisks.

a) Describe theorganization’s
processes
for identifying
and assessing
climate-relatedrisks.

Same as above

Materials
andBuildings

Same as above

Ag, Food,
and Forest
Products

Same as above

All sectors

Organizations should describe their risk
management processes for identifying
and assessing climate-related risks. An
important aspect of this description is
how organizations determine the relative
significance of climate-related risks inrelation to other risks.
Organizations should describe whether
they consider existing and emerging
regulatory requirements related to climatechange (e.g., limits on emissions) as wellas other relevant factors considered.
Organizations should also consider
disclosing the following:‒ processes for assessing the potential
size and scope of identified climate-related risks and‒ definitions of risk terminology used

Banks

Banks should consider characterizing
their climate-related risks in the context of
traditional banking industry risk categories
such as credit risk, market risk, liquidity
risk, and operational risk.
Banks should also consider describing
any risk classification frameworks used
(e.g., the Enhanced Disclosure Task
Force’s framework for defining “Top andEmerging Risks”).

Insurance
Companies

Insurance companies should describe theprocesses for identifying and assessing
climate-related risks on re-/insurance
portfolios by geography, businessdivision, or product segments, including
the following risks:‒ physical risks from changing frequencies
and intensities of weather-related perils,‒ transition risks resulting from a reduction
in insurable interest due to a decline
in value, changing energy costs, or
implementation of carbon regulation,and‒ liability risks that could intensify due to apossible increase in litigation.

Asset
OwnersAsset owners should describe, whereappropriate, engagement activity withinvestee companies to encourage
better disclosure and practices related
to climate-related risks to improve data
availability and asset owners’ ability toassess climate-related risks.

AssetManagers

Asset managers should describe, whereappropriate, engagement activity withinvestee companies to encourage better

✔

✔

KPIs

1

Transportation

Strategies andpractices
Recognition of ESG
risks and opportunities
Identification ofmateriality‒ Potential qualitative or quantitative
financial implications of the climate-related scenarios, if any.

Governance

SectorCommunication withstakehoders
Massage from director
and/or management

Recommended
Disclosure

Business modelArea‒ Critical input parameters, assumptions,and analytical choices for the climate-related scenariosGuidance
used, particularly as
they relate to key areas such as policy
assumptions, energy deployment
pathways, technology pathways, andrelated timing assumptions.

Disclosure Information Category
Summary oforganization or business

For the climate-related scenarios used,organizations should consider providing
informationon the following factors to
List of Recommended Disclosures of TCFD Final
Reccomendations
allow investors and others to understandhow conclusions were drawn fromscenario analysis:

the following risks:‒ physical risks from changing frequencies
and intensities of weather-related perils,

Asset managers should describe, whereappropriate, engagement activity withinvestee companies to encourage better
disclosure and practices related toclimate-related risks in order to improvedata availability and asset managers’
ability to assess climate-related risks.

KPIs

Asset
Managers

Strategies andpractices
Recognition of ESG
risks and opportunities
Identification ofmateriality

Asset owners should describe, whereappropriate, engagement
Guidanceactivity withinvestee companies to encourage
better disclosure and practices related
to climate-related risks to improve data
availability and asset owners’ ability toassess climate-related risks.

Governance

Asset
OwnersSectorCommunication withstakehoders
Massage from director
and/or management

Recommended
Disclosure

Business model

Area

Disclosure Information Category
Summary oforganization or business‒ liability risks that could intensify due to apossible increase in litigation.

Asset managers should also describe
how they identify and assess material
climate-related risks for each product orinvestment strategy. This might include
a description of the resources and tools
used in the process.
All sectors

1

Organizations should describe theirprocesses for managing climate-relatedrisks, including how they make decisions
to mitigate, transfer, accept, or control
those risks. In addition, organizations
should describe their processes forprioritizing climate-related risks, including
how materiality determinations are madewithin their organizations.

✔

In describing their processes for
managing climate-related risks, organizations should address the risks included inTables 1 and 2, as appropriate.
Insurance
Companies

Insurance companies should describe key
tools or instruments, such as risk models,
used to manage climate-related risks
in relation to product development andpricing.
Insurance companies should also
describe the range of climate-related
events considered and how the risks
generated by the rising propensity andseverity of such events are managed.

Asset
OwnersAsset owners should describe how they
consider the positioning of their total
portfolio with respect to the transition to alower-carbon energy supply, production,and use. This could include explaining
how asset owners actively manage theirportfolios’ positioning in relation to thistransition.

AssetManagers

Asset managers should describe how they
manage material climate-related risks foreach product or investment strategy.

c) Describe
how processes
for identifying,assessing,and managing
climate-relatedrisks areintegrated into
the organization’s overall risk
management.

All sectors

Organizations should describe how theirprocesses for identifying, assessing, andmanaging climate-related risks are integrated into their overall risk management.

Metrics andTargets: Disclosethe metrics andtargets used
to assess andmanage relevant
climate-relatedrisks and opportunities wherea) Disclose themetrics used by
the organization
to assessclimate-relatedrisks andopportunities inline with its

All sectors

Organizations should provide the key
metrics used to measure and manage
climate-related risks and opportunities,
as described in Tables 1 and 2. Organizations should consider including metrics on
climate-related risks associated with water,energy, land use, and waste management
where relevant and applicable.

such information
is material.

strategy and risk
management
process.

Where climate-related issues are material,organizations should consider describing
whether and how related performance
metrics are incorporated into remuneration✔

✔

List of Disclosure Items and Indicators of ESG InformationDisclosure Frameworks/Standards and Classification Resultsb) Describe theorganization’s
processes
for managing
climate-relatedrisks.

Appendix‒ transition risks resulting from a reduction
in insurable interest due to a decline
in value, changing energy costs, or
implementation of carbon regulation,
List of Recommended Disclosures of TCFD Final
andReccomendations

235

Where relevant, organizations should
provide their internal carbon prices
as well as climate-related opportunity
metrics such as revenue from products
and services designed for a lower-carbon
economy.

1
List of Disclosure Items and Indicators of ESG InformationDisclosure Frameworks/Standards and Classification Results

Metrics should be provided for historicalperiods to allow for trend analysis. In
addition, where not apparent, organizations should provide a description of
the methodologies used to calculate or
estimate climate-related metrics.
Banks‒ Industry‒ Geography‒ Credit quality (e.g., investment grade
or non-investment grade, internal rating
system)‒ Average tenor
Banks should also provide the amount andpercentage of carbon-related assets relative to total assets as well as the amountof lending and other financing connectedwith climate-related opportunities.
Insurance
Companies

Insurance companies should
provide aggregated risk exposure to
weather-related catastrophes of theirproperty business (i.e., annual aggregatedexpected losses from weather-related
catastrophes) by relevant jurisdiction.

Asset
OwnersAsset owners should describe metrics
used to assess climate-related risks andopportunities in each fund or investment
strategy. Where relevant, asset owners
should also describe how these metrics
have changed over time.
Where appropriate, asset owners should
provide metrics considered in investment
decisions and monitoring.

Asset
Managers

Asset managers should describe metrics
used to assess climate-related risks
and opportunities in each product orinvestment strategy. Where relevant, asset
managers should also describe how these
metrics have changed over time.
Where appropriate, asset managers
should provide metrics considered ininvestment decisions and monitoring.

Energy236

Banks should provide the metrics used toassess the impact of (transition and physical) climate-related risks on their lending
and other financial intermediary businessactivities in the short, medium, and longterm. Metrics provided may relate to credit
exposure, equity and debt holdings, ortrading positions, broken down by:

For all relevant metrics, organizations
should consider providing historical
trends and forward-looking projections (byrelevant country and/or jurisdiction, business line, or asset type). Organizations
should also consider disclosing metrics
that support their scenario analysis and

KPIs

Where climate-related issues are material,organizations should consider describing
whether and how related performance
metrics are incorporated into remuneration
policies.

Strategies andpractices
Recognition of ESG
risks and opportunities
Identification ofmateriality

strategy and risk
management
process.

SectorOrganizations should provide the key
metrics used to measure and manage
Guidance
climate-related risks
and opportunities,
as described in Tables 1 and 2. Organizations should consider including metrics on
climate-related risks associated with water,energy, land use, and waste management
where relevant and applicable.

Governancesuch information
is material.

All sectors

Communication withstakehoders
Massage from director
and/or managementa) Disclose themetrics
used byRecommended
the organization
Disclosure
to assessclimate-relatedrisks andopportunities inline with its

Disclosure Information Category
Business model

Metrics andTargets: Disclosethe metrics
Areaandtargets used
to assess andmanage relevant
climate-relatedrisks and opportunities where✔

Summary oforganization or businessc) Describe
All sectors
Organizations should describe how their
how processes
processes for identifying, assessing, andfor identifying,
managing climate-related risks are inteassessing,grated into their overall risk management.
and managing
climate-relatedrisks areintegrated
into
List of Recommended
Disclosuresof TCFD Final Reccomendations
the organization’s overall risk
management.

✔

should also describe how these metrics
have changed over time.

Asset

Asset managers should describe metrics

List of Recommended Disclosuresof TCFD Final
Managers
used Reccomendations
to assess climate-related risks

KPIs

For all relevant metrics, organizations
should consider providing historical
trends and forward-looking projections (byrelevant country and/or jurisdiction, business line, or asset type). Organizations
should also consider disclosing metrics
that support their scenario analysis andstrategic planning process and thatare used to monitor the organization’s
business environment from a strategic andrisk management perspective.

Strategies andpractices
Recognition of ESG
risks and opportunities
Identification ofmateriality

EnergyWhere appropriate, asset managers
Guidance
should provide metrics
considered ininvestment decisions and monitoring.

Governance

SectorCommunication withstakehoders
Massage from director
and/or management

Recommended
Disclosure

Business model

Area

Disclosure Information Category
Summary oforganization or businessand opportunities in each product orinvestment strategy. Where relevant, asset
managers should also describe how these
metrics have changed over time.

Organizations should consider providing
key metrics related to GHG emissions,energy, water, land use, and, if relevant,investments in climate adaptation andmitigation that address potential financial
aspects of shifting demand, expenditures,asset valuation, and cost of financing.
Illustrative examples of metrics for each of
the four non-financial groups are provided
in the tables listed below.

1‒ Transportation Group: Table 4‒ Materials and Buildings Group: Table 5‒ Agriculture, Food, and Forest Group:
Table 6b) Disclose
Scope 1, Scope2, and, if appropriate, Scope
3 greenhousegas (GHG)
emissions, andthe related risks.

Same as above

Materials
andBuildings

Same as above

Ag, Food,
and Forest
Products

Same as above

All sectors

Organizations should provide their Scope
1 and Scope 2 GHG emissions and, if
appropriate, Scope 3 GHG emissions andthe related risks.
GHG emissions should be calculated inline with the GHG Protocol methodology
to allow for aggregation and comparability
across organizations and jurisdictions.
As appropriate, organizations should
consider providing related, generally
accepted industry-specific GHG efficiency
ratios.
GHG emissions and associated metrics
should be provided for historical periods
to allow for trend analysis. In addition,
where not apparent, organizations should
provide a description of the methodologies
used to calculate or estimate the metrics.

Asset
OwnersAsset owners should provide the weighted
average carbon intensity, where data are
available or can be reasonably estimated,for each fund or investment strategy.
In addition, asset owners should provide
other metrics they believe are useful for
decision making along with a descriptionof the methodology used. See Table 2 forcommon carbon footprinting and exposure
metrics, including weighted averagecarbon intensity.

Asset
Managers✔

✔

List of Disclosure Items and Indicators of ESG InformationDisclosure Frameworks/Standards and Classification Results‒ Energy Group: Table 3

Transportation

Appendix

Where appropriate, asset owners should
provide metrics considered in investment
decisions and monitoring.

Asset managers should provide theweighted average carbon intensity, wheredata are available or can be reasonably
estimated, for each product or investment
strategy.
In addition, asset managers should
provide other metrics they believe areuseful for decision making along with adescription of the methodology used. See

237

provide a description of the methodologies
used to calculate or estimate the metrics.
Asset
OwnersAsset owners should provide the weighted
average carbon intensity, where data are
available or can be reasonably estimated,for each fund or investment strategy.

In addition,asset owners should provide
List of Recommended Disclosures of TCFD Final
Reccomendations

KPIs

Strategies andpractices
Recognition of ESG
risks and opportunities
Identification ofmateriality

GovernanceCommunication withstakehoders
Massage from director
and/or management

SectorAsset
Managers

Business model

Recommended
Disclosure

Disclosure Information Category
Summary oforganization or businessAreaother metrics they believe are useful for
decision making along with a descriptionof the methodology used. See Table 2 forcommon carbon footprinting and exposure
metrics, including weighted averagecarbon intensity.
Guidance
Asset managers should provide theweighted average carbon intensity, wheredata are available or can be reasonably
estimated, for each product or investment
strategy.

In addition, asset managers should
provide other metrics they believe areuseful for decision making along with adescription of the methodology used. See
Table 2 for common carbon footprinting
and exposure metrics, including weighted
average carbon intensity.

1
List of Disclosure Items and Indicators of ESG InformationDisclosure Frameworks/Standards and Classification Results

238c) Describe thetargets used by
the organization
to manage
climaterelatedrisks andopportunities
and performance against
targets.

All sectors

Organizations should describe their key
climate-related targets such as thoserelated to GHG emissions, water usage,
energy usage, etc., in line with anticipatedregulatory requirements or market
constraints or other goals.

✔

Other goals may include efficiency or
financial goals, financial loss tolerances,avoided GHG emissions through the entire
product life cycle, or net revenue goals
for products and services designed for alower-carbon economy.
In describing their targets, organizations
should consider including the following:‒ whether the target is absolute or intensity
based,‒ time frames over which the target
applies,‒ base year from which progress ismeasured, and‒ key performance indicators used toassess progress against targets.
Where not apparent, organizations should
provide a description of the methodologies
used to calculate targets and measures.

出所：気候関連財務情報開示タスクフォースの勧告：最終報告書（サステナビリティ日本フォーラム、私訳、2018年10月）をもとにニッセイアセットが作成

Disclosure Information Category

✔

KPIs

Recognition of ESG
risks and opportunities✔

Strategies andpractices

Identification ofmateriality

GovernanceCommunication withstakehoders

Massage from director
and/or management

Business model

Summary oforganization or business

Content

Appendix

List of Contents of Guidance for Collaborative Value Creation

1. Values
1.1. Corporate Philosophy and Vision✔

1.2. Relationship with Society✔

2. Business Model
2.1. Position in the Competitive Landscape
2.1.1. Position in the Value Chain✔

2.1.2. Differentiating Factors

12.2. Essential Elements for Ensuring Competitive Advantage✔

2.2.2. Relationships with Stakeholders to Support Competitive Advantage
2.2.3. Profit Structure/Drivers

3. Sustainability/Growth
3.1. Recognition of ESG Factors✔

3.2. Relationships with Key Stakeholders✔

3.3. Risk in a Changing Environment
3.3.1. Speed and Impact of Technological Change✔

3.3.2. Country Risk
3.3.3. Cross-Border Risk

4. Strategy
4.1. Improving Company Positions within the Value Chain✔

4.2. Securing and Enhancing Management Resources and Intangible Assets
4.2.1. Investment in Human Capital
4.2.2. Investment in Technology (Intellectual Capital)
4.2.2.1. R&D Investment✔

4.2.2.2. IT/Software Investment
4.2.3. Investment in Brand and Customer Loyalty
4.2.4. Organizations
4.2.5. Investment to Accelerate Growth
4.3. Strategy for ESG Integration✔

4.4. Capital Allocation Strategy
4.4.1. Business Portfolio Management, including Exit Strategies✔

4.4.2. Measuring Intangible Assets and Monitoring Investment Returns

5. Performance and Key Performance Indicators (KPIs)
5.1. Financial Performance
5.1.1. Management Discussion and Analysis (MD&A)

n/a

5.1.2. Creation of Economic and Shareholder Value
5.2. Setting Strategic KPIs✔

5.3. Designing Linkages between Corporate Value Creation and Specific KPIs
5.4. Awareness of Cost of Capital✔
✔

5.5. Progress Evaluation✔

6. Governance6.1. Ensuring the Strength of the Board✔

6.2. Skill and Diversity of CEOs and Senior Executives✔

6.3. Skill and Diversity of Non-Executive Directors✔

6.4. Monitoring Strategic Decisions✔

6.5. Shareholder Return Policies✔

6.6. Compensation Policies✔

6.7. Reviewing Board Effectiveness and Identifying Priority Issues✔

List of Disclosure Items and Indicators of ESG InformationDisclosure Frameworks/Standards and Classification Results

2.2.1. Management Resources/Intangible Assets

Source: Prepared by Nissay Asset Management Co., Ltd. on the basis of Guidance for Integrated Corporate Disclosure and Company-Investor
Dialogues for Collaborative Value Creation(Guidance for Collaborative Value Creation).

239

List ot Dislocusre Items and KPIs of Environmental
Reporting Guidelines 2018 version
Disclosure Information Categoryn/aChanges in major KPIs

1. Commitment ofmanagers

Commitment of managers in relation to importantenvironmental issues

2. Governance

Governance structure of reporting company✔

Person responsible for management of importantenvironmental issues✔

Role of board of directors and business execution
organization in managing important environmental
issues

✔

4. Risk management✔
✔

Policy dealing with stakeholders✔

Overview of implemented stakeholder
engagement✔

Identification, evaluation and handling method of risk✔

Positioning of the above method in the companywide risk management
5. Business modelBusiness model of reporting company

6. Value chain
management

Overview of value chain

7. Long-term vision✔
✔
✔

Method, targets and performance of green
procurement
Situation of environmental-friendly products/services✔

Long-term vision✔
✔

Reason for selecting that time horizon✔

8. Strategy

Business strategy of reporting company forrealization of a sustainable society✔

9. Method to
identify importantenvironmental issues

Procedure in reporting company to identify
important environmental issues✔

List of identified important environmental issues✔

Reason why the identified environmental issues
are determined important✔

Boundary of important environmental issues✔

Policy and action plan✔

Target and performance by KPIs✔

Calculation methods of KPIs✔

Boundary of KPIs✔

If the financial impact of risks / opportunities is large,
the amount of impact and calculation methods
If the reporting contents are granted a guarantee by
an independent third party, the guarantee report.
1. Climate change✔

✔

Time horizon of long-term vision

10. Importantenvironmental
issues for reporting
company

KPIs

Overview of environment report

Strategies andpracticesn/a

Recognition of ESG
risks and opportunities

n/aStandard / guideline, etc.

2. Changes in major
KPIs

3. Situation of
stakeholder
engagement

Referencematerial Major
environmental
issues and theirperformance
evaluation
indicators

240

Reporting period

Identification ofmateriality

List of Disclosure Items and Indicators of ESG InformationDisclosure Frameworks/Standards and Classification Results

Chapter 2
Described
matters forenvironmental
reportingn/aGovernance1

Reporting company

Communication withstakehoders

1. Basic requirements
for environmental
reporting

Massage from director
and/or management

Chapter 1 Basic
information on
environmental
reportingItems to be stated, performance evaluationindex

Business model

SectionSummary oforganization or business

Chapter✔

✔
n/aGreenhouse effect gas emissions
Scope 1 emission amount✔

Scope 2 emission amount✔

Scope 3 emission amount✔

Appendix

Disclosure Information Category
KPIs

Strategies andpractices

Recognition of ESG
risks and opportunities

Identification ofmateriality

GovernanceCommunication withstakehoders

Massage from director
and/or management

Items to be stated, performance evaluationindex

Business model

SectionSummary oforganization or business

Chapter

Basic unit
Greenhouse gas emission rate✔

Energy used

3. Biodiversity

4. Resource
circulation✔

Percentage of renewable energy included in the
total energy usage amount✔

Water resource input✔

Base unit of water resource input✔

Emission rate✔

If business locations and supply chains exist inareas with high water stress, then the status of thewater stress✔

Impact of business activities on biodiversity✔

Situation and degree of business activity
dependent on biodiversity✔

Business activities contributing to theconservation of biodiversity✔

Status of collaboration with external stakeholders✔

Input of resources
Input of the resources which are not renewable✔

Input of renewable resources✔

Amount of recycling material✔

Recycling use ratio (-amount of recycling material/ amount of input resources)✔

Disposal of resources

5. Chemical
substances

6. Pollution
prevention

Total emissions of waste etc.

✔

Final emission of waste etc.

✔

Stored chemicals✔

Emission amount of chemicals✔

Transfer amount of chemicals✔

Handling amount of chemicals (usage)✔

Overall
Status of compliance with regulations and ordinances✔

Air conservation
Emission levels of air pollution control items, air
pollutant emissions✔

Water pollution
Effluent concentration of water control items,
water pollution load✔

Soil contamination
Status of soil contamination

Source: Created by Nissay Asset Management based on Environmental Reporting Guidelines 2018 version✔

1
List of Disclosure Items and Indicators of ESG InformationDisclosure Frameworks/Standards and Classification Results

2. Water resources

Details of the energy used and total used energy
amount241

List of Contents of Annual Securities Report
Disclosure Information Category *KPIs

Strategies andpractices

Recognition of ESG
risks and opportunities

Identification ofmateriality

GovernanceCommunication withstakehoders

Massage from director
and/or management

Business model

Summary oforganization or business

Content

Part 1 【Information on Securities】
Part 2 【Information on the Company】
Chapter 1 【Overview of the Company】
1 【Selected Financial Data】

n/a1

2 【History】✔

List of Disclosure Items and Indicators of ESG InformationDisclosure Frameworks/Standards and Classification Results

3 【Business Overview】✔

4 【Affiliated Companies】✔

5 【Employees】

✔

✔

✔

Chapter 2 【Operating and Financial Review and Prospects】
1 【Management Policies, Operating Environment, and Management Issues】

✔

✔

✔

✔

2 【Risk Factors】

✔

✔

✔

3 【Management’s
Discussion and Analysis of Financial Position, Operating
Results and Cash Flows】

✔

✔

✔

4 【Material Contracts】✔

5 【Research & Development】

✔

✔

✔

✔

Chapter 3 【Equipment and Facilities】
1 【Overview of Capital Expenditures】✔

2 【Major Equipment and Facilities】✔

3 【Plans for New Additions or Disposals】✔

Chapter 4 【Corporate Information】
1 【Status on the Shares】✔

2 【Acquisition of Treasury Stock and Other Related Status】✔

3 【Shareholder Return Policy】✔

4 【Corporate Governance】✔

✔

Chapter 5 【Financial Information】
1 【Consolidated Financial Statements】

n/a

2 【Others】

n/a

Chapter 6 【Outline Regarding the Administration of the Stock】

n/a

Chapter 7 【Reference Information of Reporting Company】
1 【Information on the Parent Company】✔

2 【Other Reference information】

n/a✔

* The table indicate that relevant information categoties for each disclosure contect. However, it does not necesarily mean that the corresponding
information is disclosure by every company.
Source: Prepared by Nissay Asset Management Co., Ltd. on the basis of "Cabinet Office Ordinance on the Disclosure of Corporate Affairs, etc."
and "Principles for the Disclosure of Narrative Information."242

Disclosure Information Category *KPIs

Strategies andpractices

Recognition of ESG
risks and opportunities

Identification ofmateriality

GovernanceCommunication withstakehoders

Massage from director
and/or management

Business model

Summary oforganization or business

Content

Appendix

List of Contents of Corporate Governance Report

I. Basic Views on Corporate Governance, Capital Structure, Corporate Attributes, and Other Basic Information■1. Basic Views(1) Reasons for Non - compliance with Principles of Japan's Corporate
Governance Code(2) Disclosure Based on Principles of Japan's Corporate Governance Code
■2. Capital Structure(1) Percentage of Foreign Shareholders(2) Status of Major Shareholders

1✔

(3) Controlling Shareholder (except for Parent Company)(5) Supplementary Explanation■3. Corporate Attributes(1) Listed Stock Market and Market Division(2) Fiscal Year-End(3) Sector Classification✔

(4) Number of Employees (consolidated) as of the End of the Previous Fiscal Yea(5) Revenue (consolidated) for the Previous Fiscal Year
(6) Number of Consolidated Subsidiaries as of the End of the Previous Fiscal
Year■4. Policy on Measures to Protect Minority Shareholders in Conducting Transactions
with Controlling Shareholder✔

■5. Special Circumstances which may have Material Impact on Corporate Governance✔

II. Business Management Organization and Other Corporate Governance Systems regarding Decision Making, Execution of Business, andOversight■1. Organizational Composition and Operation(1) Organization Form
(2) Directors(3) Auditors(Kansayaku) *For companies with board of company auditors(3) Audit committee *For companies with audit and supervisory committee(4) Voluntary Establishment of Committee *Same as above(3) Committees For companies with nominating committee, etc.
(4) Executive Officers (Shikkoyaku) *Same as above(5) Auditing Structure *Same as above✔

(4) Independent Directors(5) Incentives(6) Remuneration for Directors/Executive Officers(7) Supporting System for Outside Directors(8) Persons holding advisory positions (sodanyaku, komon, etc.) after retiring as
representative director and president, etc.
■2. Matters on Functions of Business Execution, Auditing, Oversight, Nomination, andRemuneration Decisions (Overview of Current Corporate Governance System)■3. Reasons for Adoption of Current Corporate Governance System

III. Implementation of Measures for Shareholders and Other Stakeholders■1. M easures to Vitalize the General Shareholders Meeting and Smooth Exercise of
Voting Rights✔

■2. IR Activities■3. Measures to Ensure Due Respect for Stakeholders✔
✔

✔

IV. Matters Related to the Internal Control System■1. Basic Views on Internal Control System and the Progress of System Development■2. Fundamental Approach to Eliminating Anti-Social Forces and State of Related Efforts✔

V. Other■1. Adoption of Anti-Takeover Measures

List of Disclosure Items and Indicators of ESG InformationDisclosure Frameworks/Standards and Classification Results(4) Parent Company✔

■2. Other Matters Concerning Corporate Governance System* The table indicate that relevant information categoties for each disclosure contect. However, it does not necesarily mean that the corresponding
information is disclosure by every company.
Source: Prepared by Nissay Asset Management Co., Ltd. on the basis of "Preparation Guidelines for Corporate Governance Reports."

243

Disclosure Information Category
Summary of organization or businessComparative Analysis for ESG
Infor­mation Disclosure Frameworks/

Standards (detailed version)

GlobalInternational <IR> Framework

GRI Standards

Japan
SASB Standards

TCFD Final Recommendations

Guidance for Collaborative Value Creation

Chapter 1【Overview of the Company】
2【History】
3【Business Overview】
4【Aﬃliated Companies 】
5【Employees】
Chapter 2【Operating and Financial Review
and Prospects】
4【Material Contracts】
5【Research & Development】
Chapter 3【Equipment and Facilities】
1【Overview of Capital Expenditures】
2【Major Equipment and Facilities】
3【Plans for New Additions or Disposals】
Chapter 7【Reference Information ofReporting Company】
1【Information on the Parent Company】

2. Business Model
2.1. Position in the Competitive Landscape2.2. Essential Elements for Ensuring Competitive Advantage
Chapter2 5. Business model・Business model of reporting company

Chapter 2【Operating and Financial Review
and Prospects】
1【Management Policies, Operating
Environment, and Management Issues】（reshown）
Chapter2 1. Commitment of managers
・Commitment of managers in relation to importantenvironmental issues※ White it is not included in the content
elements, the integrated report as a whole ispositioned as providing information on therelationship between the organization andkey stakehoders

Disclosure 102-40 List of stakeholder groups
Disclosure 102-42 Identifying and selecting stakeholders
Disclosure 102-43 Approach to stakeholder engagement
Disclosure 102-44 Key topics and concerns raised

3. Sustainability/Growth
3.2. Relationships with Key Stakeholders

Environmentally related including
climate change

Chapter 1【Overview of the Company】
5【Employees】（reshown）

III. Implementation of Measures for Shareholders and Other Stakeholders■3. Measures to Ensure Due Respect for Stakeholders

Chapter 4【Corporate Information】
1【Status on the Shares】
2【Acquisition of Treasury Stock and Other
Related Status】
3【Shareholder Return Policy】
4【Corporate Governance】
Chapter 7【Reference Information ofReporting Company】
1【Information on the Parent Company】（reshown）

I. Basic Views on Corporate Governance, Capital Structure, Corporate Attributes, andOther Basic Information■1. Basic Views■2. Capital Structure■4. Policy on Measures to Protect Minority Shareholders in Conducting Transactions
with Controlling Shareholder■5. Special Circumstances which may have Material Impact on Corporate
Governance
II. Business Management Organization and Other Corporate Governance Systems
regarding Decision Making, Execution of Business, and Oversight■1. Organizational Composition and Operation■2. Matters on Functions of Business Execution, Auditing, Oversight, Nomination,
and Remuneration Decisions (Overview of Current Corporate Governance System)■3. Reasons for Adoption of Current Corporate Governance System
III. Implementation of Measures for Shareholders and Other Stakeholders■1. Measures to Vitalize the General Shareholders Meeting and Smooth Exercise of
Voting Rights■2. IR Activities■3. Measures to Ensure Due Respect for Stakeholders（reshown）
IV. Matters Related to the Internal Control System■1. Basic Views on Internal Control System and the Progress of System
Development■2. Fundamental Approach to Eliminating Anti-Social Forces and State of Related
EﬀortsV. Other■1. Adoption of Anti-Takeover Measures■2. Other Matters Concerning Corporate Governance System

Chaper2 3. Situation of stakeholder engagement
・Policy dealing with stakeholders
・Overview of implemented stakeholder engagement

GovernanceContent Element B Governance(Structure, descipline and mechanism （How does the organization’s governanceetc.)
structure support its ability to create value inthe short, medium and long term?）

1. Values
1.1. Corporate Philosophy and Vision
5. Performance and Key Performance Indicators (KPIs)
5.4. Awareness of Cost of Capital
6. Governance6.1. Ensuring the Strength of the Board
6.2. Skill and Diversity of CEOs and Senior Executives
6.3. Skill and Diversity of Non-Executive Directors
6.4. Monitoring Strategic Decisions
6.5. Shareholder Return Policies
6.6. Compensation Policies
6.7. Reviewing Board Eﬀectiveness and Identifying Priority
IssuesDisclosure 102-16 Values, principles, standards, and norms of behavior*See Appendix1
Disclosure 102-17 Mechanisms for advice and concerns about ethics
In addition, general guidance about
Disclosure 102-18 Governance structure
governance applicable to all sectors/ESG
Disclosure 102-19 Delegating authority
issues are provided in "SASB Standards
Disclosure 102-20 Executive-level responsibility for economic, environmental,
Application Guidance"and social topics
Disclosure 102-21 Consulting stakeholders on economic, environmental, andsocial topics
Disclosure 102-22 Composition of the highest governance body and its
committees
Disclosure 102-23 Chair of the highest governance body
Disclosure 102-24 Nominating and selecting the highest governance body
Disclosure 102-25 Conﬂicts of interest
Disclosure 102-26 Role of highest governance body in setting purpose, values, andstrategy
Disclosure 102-27 Collective knowledge of highest governance body
Disclosure 102-28 Evaluating the highest governance body’s performance
Disclosure 102-29 Identifying and managing economic, environmental, and social
impacts
Disclosure 102-30 Eﬀectiveness of risk management processes
Disclosure 102-31 Review of economic, environmental, and social topics
Disclosure 102-32 Highest governance body’s role in sustainability reporting
Disclosure 102-33 Communicating critical concerns
Disclosure 102-34 Nature and total number of critical concerns
Disclosure 102-35 Remuneration policies
Disclosure 102-36 Process for determining remuneration
Disclosure 102-37 Stakeholders’ involvement in remuneration
Disclosure 102-38 Annual total compensation ratio
Disclosure 102-39 Percentage increase in annual total compensation ratio
Disclosure 102-45 Entities included in the consolidated ﬁnancial statements
Disclosure 403-1 Occupational health and safety management system*See Appendix 1

Environmentally related including
climate change

Recognition of ESG risks andopportunities(including recognition and prospects
of ﬁnancial impacts)

2

Chapter 2【Operating and Financial Review
and Prospects】
1【Management Policies, Operating
Environment, and Management Issues】

Disclosure 102-14 Statement from senior decision-maker

Environmentally related including
climate change

Deﬁnition of materiality

244

Content Element C Business model（What is the organization’s business model?）Environmentally related including
climate change

Identiﬁcation of materiality（Identiﬁcation of important ESG
issues）

Corporate Governance Report
I. Basic Views on Corporate Governance, Capital Structure, Corporate Attributes, andOther Basic Information■3. Corporate Attributes

Chapter2 6. Value chain management
・Overview of value chain・Situation of environmental-friendly products/services

Message from director and/or
management

Communication with stakeholders

Annual Securities Report

Disclosure 102-46 Deﬁning report content and topic Boundaries
Content Element H Basis of preparation andDisclosure 102-47 List of material topics
presentation（How does the organization determine what Disclosure 103-1 Explanation of the material topic and its Boundary
matters to include in the integrated reportand how are such matters quantiﬁed or
evaluated?）※ The standards themselves deﬁnedisclosure topics for each 77 industry by
reﬂecting materiality of industry (it deﬁnesthat it is the company to make the ﬁnal
decision as to which topic are ﬁnanciallymaterial.).

G_a) Describe the board’s oversight ofclimate-related risks and opportunities.
G_b) Describe management’s role inassessing and managing climate-relatedrisks and opportunities.
R_a) Describe the organization’s processes
for identifying and assessing climate-relatedrisks.
R_c) Describe how processes for identifying,assessing, and managing climate-relatedrisks are integrated into the organization’s
overall risk management.
R_a) Describe the organization’s processes
for identifying and assessing climate-relatedrisks.（reshown）

1. Values
1.2. Relationship with Society* Supplementary guidance are issued forcertain sectors which are more likely to be
ﬁnancially impacted by climate change.

Matters that substantively aﬀect the
Topic that reﬂects a reporting organization’s signiﬁcant economic, environmental A minimum set of sustainability issues most Material information which publicorganization’s ability to create value over the and social impacts; or that substantively inﬂuences the assessments and decisions likely to impact the operating performance or companies have a legal obligation toof stakeholders.
ﬁnancial condition of the typical company in disclose in their ﬁnancial ﬁlings.
short, medium and long term.
* In most G20 jurisdictions, public
an industry, regardless of location.
companies have a legal obligation todisclose material information including
material climate-related information.

Items relevant to their business models.

Content Element A-2 External environment（What are the circumstances under which it
operates?）

1. Values
1.2. Relationship with Society（reshown）
3. Sustainability/Growth
3.1. Recognition of ESG Factors
3.3. Risk in a Changing Environment*See Appendix 1
Disclosure 102-15 Key impacts, risks, and opportunities
Disclosure 205-1 Operations assessed for risks related to corruption
Disclosure 403-2 Hazard identiﬁcation, risk assessment, and incident investigation
Disclosure 407-1 Operations and suppliers in which the right to freedom ofContent Element D-1 Risks and opportunities association and collective bargaining may be at risk
（What are the speciﬁc risks and opportunities Disclosure 408-1 Operations and suppliers at signiﬁcant risk for incidents of child

Chapter2 2. Governance・Governance structure of reporting company
・Person responsible for management of importantenvironmental issues
・Role of board of directors and business execution
organization in managing important environmental issues
Chapter2 4. Risk management
・Positioning of the above method in the company-wide risk
management
Chapter2 9. Method to identify important environmental
Chapter 2【Operating and Financial Review
issuesand Prospects】
・Procedure in reporting company to identify important
1【Management Policies, Operating
Environment, and Management Issues】
environmental issues（reshown）
・List of identiﬁed important environmental issues
2【Risk Factors】
・Reason why the identiﬁed environmental issues are
3【Management’s Discussion and Analysis ofdetermined importantFinancial Position, Operating Results and Cash・Boundary of important environmental issues
Flows】
Materiality of narrative information disclosure
Environmental issues, where business activities have asigniﬁcant impact directly (company's production activities) should be determined whether or not it isimportant for investors' decision makings.
and/or indirectly (upstream and/or downstream ofcompany's value chain), to be addressed by companies inorder to grow on a short, medium, and long-term in asustainable society

Chapter 2【Operating and Financial Review
and Prospects】
1【Management Policies, Operating
Environment, and Management Issues】（reshown）
2【Risk Factors】（reshown）

Compara tive Analysis for ESG Infor­mation Disclosure Frameworks/Standards (detailed version)Comparative Analysis for ESG Infor­mation Disclosure Frameworks/Standards (detailed version)

Business model(Comprehensive and systematic
description)

Environmental Reporting Guidelines 2018 version

Content Element A-1 Organizational overview Disclosure 102-1 Name of the organization（What does the organization do?）Disclosure 102-2 Activities, brands, products, and services
Disclosure 102-3 Location of headquarters
Disclosure 102-4 Location of operations
Disclosure 102-5 Ownership and legal form
Disclosure 102-6 Markets served
Disclosure 102-7 Scale of the organization
Disclosure 102-8 Information on employees and other workers
Disclosure 102-9 Supply chain
Disclosure 102-10 Signiﬁcant changes to the organization and its supply chain
Disclosure 102-11 Precautionary Principle or approach
Disclosure 102-12 External initiatives
Disclosure 102-13 Membership of associations

Environmentally related including
climate change

2Appendix

2

Appendix245

Deﬁnition of materiality

Recognitionof ESG risks andSummaryof organizationor business
opportunities(including recognition and prospects
of ﬁnancial impacts)

Matters that substantively aﬀect the
Topic that reﬂects a reporting organization’s signiﬁcant economic, environmental A minimum set of sustainability issues most Material information which publicorganization’s ability to create value over the and social impacts; or that substantively inﬂuences the assessments and decisions likely to impact the operating performance or companies have a legal obligation toof stakeholders.
ﬁnancial condition of the typical company in disclose in their ﬁnancial ﬁlings.
short, medium and long term.
* In most G20 jurisdictions, public
an industry, regardless of location.
companies have a legal obligation todisclose material information including
material climate-related information.
GlobalInternational <IR> Framework

GRI Standards

SASB Standards

TCFD Final Recommendations

Content Element A-2
environment*See Appendix 1
Key impacts,
risks, and opportunities
A-1 External
Organizational
overview Disclosure 102-15
102-1 Nameof the organization（What areunder which it Disclosure 205-1
assessed
for risksand
relatedto corruption
doesthethecircumstances
organization do?）102-2 Operations
Activities, brands,
products,
services
operates?）
Disclosure 403-2
risk assessment, and incident investigation
102-3 Hazard
Locationidentiﬁcation,of headquarters
Disclosure 407-1
and suppliers in which the right to freedom of
102-4 Operations
Location of operations
Content Element D-1 Risks and opportunities associationand collective
bargaining
Disclosure 102-5
Ownershipand legalmay
formbe at risk
（What are the speciﬁc risks and opportunities Disclosure 102-6
408-1 Markets
Operations
and suppliers at signiﬁcant risk for incidents of childservedthat aﬀect the organization’s ability to create Disclosurelabor102-7 Scale of the organization
value over the short, medium and long409-1 Information
Operations andsuppliers atandsigniﬁcantrisk for incidents of forced
other workers
Disclosure 102-8
on employees
term?）
labororcompulsory
Disclosure
102-9
Supply chain
Disclosure 413-2
signiﬁcantactual and potential
negative
impacts
102-10Operations
Signiﬁcantwithchangesto the organizationand its supply
chain
Content Element G Outlookonlocal communities
Disclosure102-11 Precautionary Principle or approach（What challenges and uncertainties is theDisclosure 102-12 External initiatives
organization likely to encounter in pursuing Disclosure 102-13 Membership of associations
its strategy, and what are the potential
implications for its business model and future
performance?）

・Reason why the identiﬁed environmental issues are
determined important
・Boundary of important environmental issues
Items relevant to their business models.

Japan
Guidance for Collaborative Value Creation

Environmentally related including

Disclosure 201-2 Financial implications and other risks and opportunities due toclimate change
Content Element C Business model（What is the organization’s business model?） Disclosure 303-1 Interactions with water as a shared resource
Disclosure 306-5 Water bodies aﬀected by water discharges and/or runoﬀ*See Appendix 1

Environmentally related including
climate change
Message from director and/or
Utilization of climate scenario analysis
management2S_a) Describe the climate-related risks andopportunities the organization has identiﬁed
over the short, medium, and long term.
S_b) Describe the impact of climate-relatedrisks and opportunities on the organization’s
businesses, strategy, and ﬁnancial planning.
M_b) Disclose Scope 1, Scope 2, and, if
appropriate, Scope 3 greenhouse gas (GHG)
emissions, and the related risks.

Content Element D-2 Dealt with Risks and*See Appendix 1
Disclosure 103-2 The management approach and its components
opportunities
Disclosure 103-3 Evaluation of the management approach（How is the organization dealing with them?） Disclosure 201-3 Deﬁned beneﬁt plan obligations and other retirement plans
Disclosure 203-1 Infrastructure investments and services supported
Content
Strategyin
andDisclosure 403-2
risk assessment, and incident investigation
it is notEincluded
theresource
content
Communication with stakeholders
102-40Hazard
List of identiﬁcation,
stakeholder groups※ WhiteElement
allocation
elements, the integrated report as a whole is （reshown）
Disclosure 102-42 Identifying and selecting stakeholders（Wheredoesorganization
want toand Disclosure 403-3
services
positioned
as theprovidinginformationongo
the102-43Occupational
Approach to healthstakeholder
engagement
howdoes it intend
to theget organization
there?）
Disclosure 403-4
participation,
consultation,and communication on
relationshipbetweenand102-44Worker
Key topics
and concerns
raisedoccupational health and safety
key stakehoders
Disclosure 403-5 Worker training on occupational health and safety
Environmentally related including
Disclosure 403-6 Promotion of worker healthclimate change
Disclosure 403-7 Prevention and mitigation of occupational health and safety
impacts directly
by principles,business relationships
GovernanceContent Element B Governance
Disclosure102-16linked
Values,standards, and norms of behavior*See Appendix1
404-2 Programs
for upgrading
skillsand transition
assistance In addition, general guidance about
about
ethics(Structure, descipline and mechanism （How does the organization’s governance
Disclosure 102-17
Mechanisms
for adviceemployee
and concerns
Disclosure 102-18 Governance structure
structure support its ability to create value in programs（reshown）
etc.)
governance applicable to all sectors/ESG
Disclosure 407-1
suppliers in which the right to freedom of
102-19Operations
Delegatingand
authority
the short, medium and long term?）
issues are provided in "SASB Standards
associationand collective
bargaining
may be at risk（reshown）
Disclosure 102-20
Executive-level
responsibility
for economic, environmental,
Application Guidance"
Disclosure408-1 Operations and suppliers at signiﬁcant risk for incidents of childand social topics
labor（reshown）
Disclosure102-21 Consulting stakeholders on economic, environmental, andDisclosure409-1 Operations and suppliers at signiﬁcant risk for incidents of forcedsocialtopicsor compulsory
labor（reshown）
Disclosure102-22Composition of the highest governance body and its
Disclosure 413-1 Operations with local community engagement, impact
committees
assessments,
anddevelopment
programs（reshown）
Disclosure 102-23 Chairof the highest
governance body
Disclosure 417-1
forselecting
product andlabeling
theservice
highestinformation
governanceandbody
102-24Requirements
Nominating andDisclosure 102-25 Conﬂicts of interest
Disclosure 102-26 Role of highest governance body in setting purpose, values, andstrategy 201-2 Financial implications and other risks and opportunities due toEnvironmentally related including
Disclosure*See Appendix 1
Disclosure102-27 Collective knowledge of highest governance bodyclimate change
climatechange（reshown）
Disclosure 303-1
102-28Interactions
Evaluating thegovernancebody’s performance
Disclosure
withhighest
water asa shared resource（reshown）
Disclosure 303-2
102-29Management
Identifying andmanaging
economic, environmental,
and social
Disclosureof waterdischarge-related
impacts
impacts
Disclosure 102-30 Eﬀectiveness of risk management processes
Disclosure 102-31 Review of economic, environmental, and social topics
Disclosure 102-32 Highest governance body’s role in sustainability reporting
Disclosure 102-33 Communicating critical concerns
Disclosure 102-34 Nature and total number of critical concerns
Disclosure 102-35 Remuneration policies
Disclosure 102-36 Process for determining remuneration
Disclosure 102-37 Stakeholders’ involvement in remuneration
Disclosure 102-38 Annual total compensation ratio
Disclosure 102-39 Percentage increase in annual total compensation ratio
Disclosure 102-45 Entities included in the consolidated ﬁnancial statements
Disclosure 403-1 Occupational health and safety management system
*See
KPIs
Disclosure 102-41 Collective bargaining agreements*See Appendix
Appendix 1
1
Environmentally related including Content Element F Performance(Formaterial
issues)（To what extent has the organization* In addition, individual standards for economic, environmental and social
climatechangeachieved its strategic objectives for the
aspects deﬁne speciﬁc KPIs
period and what are its outcomes in terms ofeﬀects on the capitals?）

Corporate Governance Report

Chapter 2【Operating
andFinancial
Review
1【Overview oftheCompany】
I. Basic Views on Corporate Governance, Capital Structure, Corporate Attributes, andandProspects】
2【History】
Other Basic Information
1【Management
Policies, Operating
3【Business Overview】■3. Corporate Attributes
Environment,
and Management
Issues】
4【Aﬃliated Companies】（reshown）
5【Employees】
2【Risk 2【Operating
Factors】（reshown）
Chapterand Financial Review
3【Management’s
Discussion and Analysis ofandProspects】
Financial
Position,
Operating Results and Cash
4【Material
Contracts】
Flows】（reshown）
5【Research & Development】
Chapter 3【Equipment and Facilities】
1【Overview of Capital Expenditures】
2【Major Equipment and Facilities】
3【Plans for New Additions or Disposals】
Chapter 7【Reference Information ofReporting Company】
1【Information on the Parent Company】
Chapter2 6. Value chain management
・Overview of value chainof environmental-friendly products/services
4.・Situation
Risk management

2. Business Model
2.1. Position in the Competitive Landscape2.2. Essential Elements for Ensuring Competitive Advantage

・Identiﬁcation, evaluation and handling method of risk
10. Important environmental issues for reporting company
・If the ﬁnancial impact of risks / opportunities is large, theamount of impact and calculation methods

Chapter 2【Operating and Financial Review
and Prospects】
1【Management Policies, Operating
Environment, and Management Issues】

Chapter2 5. Business model・Business model of reporting company* While it is not included in the disclosure matters, theguideline points out that "it is necessary to be aware of in
information disclosure in the future, since the scenario
analysis is recommended by TCFD"* SASB Standards recommend that 12 out of S_c) Describe the resilience of theorganization’s strategy, taking into
77 industries conduct climate scenario
consideration diﬀerent climate-related
analysis on the speciﬁc mattersscenarios, including a 2°C or lower scenario.
1. Values
1.1. Corporate Philosophy and Vision（reshown）
4. Strategy
4.1. Improving Company Positions within the Value Chain
Securing and Enhancing Management Resources and3.4.2.
Sustainability/GrowthIntangible
Assets with Key Stakeholders
3.2.
Relationships
4.3. Strategy for ESG Integration
4.4. Capital Allocation Strategy

Strategies and practices
Environmentally related including(For material issues)climate change

Annual Securities Report

Chapter2 1. Commitment of managers
・Commitment of managers in relation to importantenvironmental issues

Chapter 2【Operating and Financial Review
and Prospects】
1【Management Policies, Operating
Environment, and Management Issues】（reshown）
Chapter 2【Operating and Financial Review
and Prospects】
1【Management Policies, Operating
Environment, and Management Issues】（reshown）
Chapter 1【Overview of the Company】
III. Implementation of Measures for Shareholders and Other Stakeholders
2【RiskFactors】（reshown）
5【Employees】（reshown）■3. Measures to Ensure Due Respect for Stakeholders
3【Management’s Discussion and Analysis ofFinancial Position, Operating Results and Cash
Flows】（reshown）

Chaper2 3. Situation of stakeholder engagement
・Policy dealing with stakeholders
・Overview of implemented stakeholder engagement
Chapter 4【Corporate Information】
1【Status on the Shares】
2【Acquisition of Treasury Stock and Other
Related Status】
3【Shareholder Return Policy】
4【Corporate Governance】
Chapter 7【Reference Information ofReporting Company】
1【Information on the Parent Company】（reshown）

1. Values
1.1. Corporate Philosophy and Vision
5. Performance and Key Performance Indicators (KPIs)
5.4. Awareness of Cost of Capital
6. Governance6.1. Ensuring the Strength of the Board
6.2. Skill and Diversity of CEOs and Senior Executives
6.3. Skill and Diversity of Non-Executive Directors
6.4. Monitoring Strategic Decisions
6.5. Shareholder Return Policies
6.6. Compensation Policies
6.7. Reviewing Board Eﬀectiveness and Identifying Priority
IssuesS_b) Describe the impact of climate-relatedrisks and opportunities on the organization’s
businesses, strategy, and ﬁnancial planning.
（reshown）
R_b) Describe the organization’s processes
for managing climate-related risks.

Chapter2 6. Value chain management
・Method, targets and performance of green procurement
Chapter2 7. Long-term vision
・Long-term vision
・Time horizon of long-term vision
・Reason for selecting that time horizon
Chapter2 8. Strategy
・Business strategy of reporting company for realization of asustainable society
Chapter2 10. Important environmental issues of reporting
company
・Policy and action plan・Target and performance by KPIs
・Calculation methods of KPIs
・Boundary of KPIs

I. Basic Views on Corporate Governance, Capital Structure, Corporate Attributes, andOther Basic Information■1. Basic Views■2. Capital Structure■4. Policy on Measures to Protect Minority Shareholders in Conducting Transactions
with Controlling Shareholder■5. Special Circumstances which may have Material Impact on Corporate
Governance
II. Business Management Organization and Other Corporate Governance Systems
regarding Decision Making, Execution of Business, and Oversight■1. Organizational Composition and Operation■2. Matters on Functions of Business Execution, Auditing, Oversight, Nomination,
and Remuneration Decisions (Overview of Current Corporate Governance System)■3. Reasons for Adoption of Current Corporate Governance System
III. Implementation of Measures for Shareholders and Other Stakeholders■1. Measures to Vitalize the General Shareholders Meeting and Smooth Exercise of
Voting Rights■2. IR Activities■3. Measures to Ensure Due Respect for Stakeholders（reshown）
IV. Matters Related to the Internal Control System■1. Basic Views on Internal Control System and the Progress of System
Development■2. Fundamental Approach to Eliminating Anti-Social Forces and State of Related
EﬀortsV. Other■1. Adoption of Anti-Takeover Measures■2. Other Matters Concerning Corporate Governance System

I. Basic Views on Corporate Governance, Capital Structure, Corporate Attributes, and
5. Performance and Key Performance Indicators (KPIs)
Chapter 1【Overview of the Company】
G_a) Describe the board’s oversight ofChapter2 2. Governance
Other Basic Information
5.2. Setting Strategic KPIs
5【Employees】（reshown）
climate-related risks and opportunities.
・Governance structure of reporting company
G_b) Describe management’s role in■3. Corporate Attributes（reshown）
5.3. Designing Linkages between Corporate Value Creation
Chapter 2【Operating and Financial Review
ofimportant・Personresponsibleformanagement
assessing and managing climate-related
II. Business Management Organization and Other Corporate Governance Systems
and Speciﬁc KPIs
and Prospects】
risks and opportunities.
environmental issuesR_a) Describe the organization’s processes
regarding Decision Making, Execution of Business, and Oversight
5.5. Progress Evaluation
1【Management Policies, Operating・Role of board of directors and business execution
for identifying and assessing climate-related■1. Organizational Composition and Operation（reshown）
Environment, and Management Issues】
organization in managing important environmental issues
risks.
（reshown）
R_c) Describe how processes for identifying,
Chapter2 4. Risk management
assessing, and managing climate-related
・Positioning of the above method in the company-wide risk 3【Management’s Discussion and Analysis ofrisks are integrated into the organization’s
Financial Position, Operating Results and Cashmanagement
overall risk management.
Flows】（reshown）
1. Values
Chapter2 9. Method to identify important environmental
R_a) Describe the organization’s processes
Identiﬁcation of materiality
Disclosure 102-46 Deﬁning report content and topic Boundaries
Content Element H Basis of preparation andChapter 2【Operating and Financial Review※ The standards themselves deﬁne
Chapter 4【Corporate Information】
disclosure topics for each 77 industry by
for identifying and assessing climate-related
1.2. Relationship with Society
issues（Identiﬁcation of important ESG
Disclosure 102-47 List of material topics
presentation
and Prospects】
4【Corporate Governance】（reshown）
reﬂecting materiality of industry (it deﬁnes risks.（reshown）
・Procedure in reporting company to identify important
issues）（How does the organization determine what Disclosure 103-1 Explanation of the material topic and its Boundary
1【Management Policies, OperatingM_a) Disclose the metrics used by the organization to assess
Chapter1 2. Changes in major KPIs
Environmentally related including*See
Appendix1
that itis the company
to make the ﬁnal
Environment, and Management Issues】
matters to include in the integrated reportenvironmental issues* Supplementary
guidance
are issued fororganization
to assessclimate-relatedrisks
climate-related
risks
and
opportunities
in
line
with
its
・Changes
in
major
KPIs
climate change
decision as to which topic are ﬁnanciallycertainsectors which
are morelikelyto beand（reshown）
and how are such matters quantiﬁed or・List of identiﬁed important environmental issues
andopportunities
in linewith its
strategy
strategy
andimpacted
risk management
Chapter2 10. Important environmental issues of reportingﬁnanciallyby climateprocess.
change.
material.).
evaluated?）
2【Risk Factors】
・Reason why the identiﬁed environmental issues arerisk
management
process.
M_b)companyM_b) Disclose
Disclose Scope
Scope 1,
1, Scope
Scope 2,2, and,and, if
if appropriate, Scope 3
3【Management’s Discussion and Analysis ofdetermined important
greenhouse(GHG)
emissions, gasand(GHG)
the related risks.
・Target and performance by KPIs（reshown）
appropriate,gas
Scope
3 greenhouse
Financial Position, Operating Results and Cash・Boundary of important environmental issues
emissions, and the related risks. （reshown）（reshown）
Chapter2 6. Value chain management
Flows】M_c) Describe
Describe thethe targets
targets used
used byby thethe organization to manage
M_c)・Method, targets and performance of green procurement
Material information
which
publicMateriality of narrative information disclosure
Items relevant to their business models.
Environmental issues, where business activities have a
Deﬁnition of materiality
Matters that substantively aﬀect the
Topic that reﬂects a reporting organization’s signiﬁcant economic, environmental A minimum set of sustainability issues most organization
to manage
climaterelatedrisks
climaterelated
andobligation
opportunities
and performance（reshown）
companies
haverisksa legaltoagainst
opportunities
and performance
signiﬁcant impact directly (company's production activities) should be determined whether or not it isorganization’s ability to create value over the and social impacts; or that substantively inﬂuences the assessments and decisions likely to impact the operating performance or andagainsttargets.targets.
in their ﬁnancial ﬁlings.
of stakeholders.
ﬁnancial condition of the typical company in disclose
important for investors' decision makings.
and/or indirectly (upstream and/or downstream ofshort, medium and long term.
* In most G20 jurisdictions, public
Chapter 1【Overview of the Company】
5. Performance and Key Performance Indicators (KPIs)
Chapter1
Basic chain),requirements
for environmental
reporting
OthersDisclosure 102-48 Restatements of informationcompany's1.value
to be addressedby companiesin
an industry, regardless of location.
companies have a legal obligation to1【Selected Financial Data】
5.1. Financial Performance
・Reporting(Disclosed information that do not fall
Disclosure 102-49 Changes in reportingorder
to growcompany
on a short, medium, and long-term in adisclose material information including
Chapter
5【Financial Information】
under any of the above)
Disclosure 102-50 Reporting period
・Reporting
periodsustainable societymaterial climate-related information.
1【Consolidated Financial Statements】
Disclosure 102-51 Date of most recent report・Standard / guideline etc.
2【Others】
・Overview of environmental report
Disclosure 102-52 Reporting cycle
Chapter 6【Outline Regarding theChapter2 10. Important environmental issues of reporting
Disclosure 102-53 Contact point for questions regarding the report
Recognition of ESG risks andDisclosure
impacts,risks, andopportunities*See Appendix 1
1. Values
Content Element A-2 External environment
Chapter
2【Operating
Financial Review
company
Administrationof theandStock】
Disclosure 102-15
102-54 Key
Claimsof reportingin accordancewith the GRI Standards
opportunities
1.2. Relationship with Society（reshown）（What are the circumstances under which it Disclosure
andProspects】
・If the reporting contents are granted a guarantee by an
Chapter
7【Reference Information ofDisclosure 205-1
102-55Operations
GRI contentassessedindex for risks related to corruption(including recognition and prospects operates?）
Disclosure
403-2
Hazardidentiﬁcation,risk
assessment,
andincident
investigation
3.
Sustainability/Growth
1【Management
Policies,
Operatingindependent third party, the guarantee report.
Reporting Company】
Disclosure 102-56 External assuranceof ﬁnancial impacts)
Disclosure 407-1 Operations and suppliers in which the right to freedom of
3.1. Recognition of ESG Factors
Environment,
and Management
Issues】
2【Other Reference
information】
Content Element D-1 Risks and opportunities association and collective bargaining may be at risk
3.3. Risk in a Changing Environment（reshown）（What are the speciﬁc risks and opportunities Disclosure 408-1 Operations and suppliers at signiﬁcant risk for incidents of child2【Risk Factors】（reshown）
that aﬀect the organization’s ability to create labor
3【Management’s Discussion and Analysis ofvalue over the short, medium and long
Disclosure 409-1 Operations and suppliers at signiﬁcant risk for incidents of forced
Financial Position, Operating Results and Cashterm?）or compulsory labor
Flows】（reshown）
Disclosure 413-2 Operations with signiﬁcant actual and potential negative impacts
Content Element G Outlook
on local communities（What challenges and uncertainties is theNote1: Disclosure items and indicators oforganizationeach ESG information
disclosure
frameworks/standards
are classiﬁed into the 10 categories considered to be most relevant. However, it does not necessarily mean that the items and indicators in each category with a circle
likely to encounter in pursuingmatch exactly with each other.
its strategy, and what are the potential
S=Strategy,
management,
and
M=Metrics and Targets.
Note2: For the TCFD column, G=Governance,
implications
for R=Risk
its businessmodel andfutureSource: Prepared by Nissay Asset Management
Co., Ltd. on the basis of each ESG information disclosure frameworks/standards and other various data.
performance?）

Environmentally related including
climate change

Disclosure 201-2 Financial implications and other risks and opportunities due toclimate change*See Appendix 1

S_a) Describe the climate-related risks andopportunities the organization has identiﬁed

4. Risk management
・Identiﬁcation, evaluation and handling method of risk

2Compara tive Analysis for ESG Infor­mation Disclosure Frameworks/Standards (detailed version)Comparative Analysis for ESG Infor­mation Disclosure Frameworks/Standards (detailed version)

246

Disclosure 102-14 Statement from senior decision-maker

Environmental Reporting Guidelines 2018 version

1. Values
1.2. Relationship with Society（reshown）
3. Sustainability/Growth
3.1. Recognition of ESG Factors
3.3. Risk in a Changing Environment

Environmentally related including
climate change
climatechangeBusiness
model(Comprehensive and systematic
description)

Environmental issues, where business activities have asigniﬁcant impact directly (company's production activities)
and/or indirectly (upstream and/or downstream ofcompany's value chain), to be addressed by companies inorder to grow on a short, medium, and long-term in asustainable society

2【Risk Factors】
3【Management’s Discussion and Analysis ofFinancial Position, Operating Results and Cash
Flows】
Materiality of narrative information disclosure
should be determined whether or not it isimportant for investors' decision makings.

Appendix

Disclosure Information Category

ﬁnancially impacted by climate change.

material.).

evaluated?）

247

3

Appendix＊

Provisional
CommonAppendix 3: Provisional
Common Parts
by Sector Parts by Sector
77(i) Consumer Goods
Industry:
Apparel, Accessories & Footwear / Appliance Manufacturing / Building Products & Furnishings /E-Commerce / Household & Personal Products / Multiline and Specialty Retailers & Distributors /Toys & Sporting Goods
Overview of ESG issues related to sectors
In the consumer goods sector, ESG issues such as the safety issues of products including thepotential effects of chemical substances used in products, the environmental impacts through the

3

product lifecycle, waste generation from packaging materials, and environmental and labor issues

Provisional Common Parts by Sector

within the supply chain are deeply related.
In addition, labor practices are an important issue especially for retailers and distributors, and data
security and environmental impact by the data centers such as energy consumption and water use arealso significant issues for e-commerce and other related businesses.
The SASB Standards set out the following disclosure topics for each industry of the consumer
goods sector.
Fig: List of disclosure topics in the consumer goods sector in SASB Standards
Industry
Apparel, Accessories &FootwearAppliance Manufacturing
Building Products &Furnishings
E-Commerce

Disclosed topic- Management of Chemicals in Products- Labor Conditions in the Supply Chain- Environmental Impacts in the Supply Chain- Raw Materials Sourcing- Product Safety- Product Lifecycle Environmental Impacts- Energy Management in Manufacturing- Management of Chemicals in Products- Product Lifecycle Environmental Impacts- Wood Supply Chain Management- Hardware Infrastructure Energy & Water Management- Data Privacy & Advertising Standards- Data Security- Employee Recruitment, Inclusion & Performance- Product Packaging & Distribution* As discussed in 2.2.3 (iv), it is clear that on a conceptual level there are certain common parts for the ESG
information disclosure frameworks/standards surveyed in this research, but at the level of individual disclosure items
and indicators, we found that it is often difficult to definitely delineate the common parts and differences. The
common parts shown in this appendix are the result of an attempt to extract elements that are deemed to be common,but it should be noted that it does not necessarily ensure an exactingness. When actually utilizing these, please also
refer to the original documents for each of the ESG information disclosure frameworks/standards.
This appendix includes excerpts from SASB Standards (Version 2018-10). © 2019. Reprinted with permission
from The SASB Foundation. All rights reserved. Commercial use of SASB IP is prohibited without permission.

248

Appendix- Water Management- Product Environmental, Health, and Safety Performance
Products- Packaging Lifecycle Management- Environmental & Social Impacts of Palm Oil Supply Chain- Energy Management in Retail & Distribution
Multiline and Specialty- Data Security
・Retailers & Distributors
Labor Practices- Workforce Diversity & Inclusion- Product Sourcing, Packaging & Marketing- Chemical & Safety Hazards of Products
Toys & Sporting Goods- Labor Conditions in the Supply Chain
Source: Prepared by Nissay Asset Management based on the SASB Standards (Version 2018-10).
Household & Personal

Main common parts of ESG information disclosure frameworks/standards)[Descriptive information on “governance,” “recognition of risks and opportunities” and“strategies and practices”]“strategies and practices”, following disclosure items are mainly recommended for the consumer
goods sector in the SASB Standards, and it is deemed that these items are in line with other ESG
information disclosure frameworks/standards.
Fig: Main disclosure items for the consumer goods sector (descriptive information)
Disclosure item (descriptive information)
 Description of process to assess and efforts to manage risks regarding product safety, including
chemicals and emerging materials contained in the products
 Description of process for legal and regulatory compliance regarding the use of chemicals for
manufacturing of products
 Description of practices to reduce environmental impacts of product lifecycle and reduce
end-of-life wastes
 Description of practices to reduce environmental impacts of packaging
 Description of practices to reduce environmental impacts of product delivery
 Description of practices to identify and address data security risks
 Description of policies and practices relating to behavioral advertising and consumer privacy
 Description of the integration of environmental consideration into data center planning Description of risks related to water withdrawal and discharge, and effort to manage them Description of environmental and social risks such as occupational health and safety
Source: Prepared by Nissay Asset Management based on the SASB Standards (Version 2018-10).

3
Provisional Common Parts by Sector

Regarding descriptive information on “governance,” “recognition of risks and opportunities”[Quantitative information on “KPIs”]
Regarding the “KPIs” for the consumer goods sector, the main common parts of SASB Standards
and GRI Standards are as follows.

249

Fig: Main indicators of the consumer goods sector (quantitative information)
Indicator (quantitative information)
Energy consumption and the percentage of renewable energy
GHG emissions associated with product delivery
Water withdrawal and consumption, percentage in regions with high water stressAmount of end-of-life products collected, and percentage recycled
Volume of packing materials used, of which recycled materials are used
Employee turnover rate
Employee engagement, percentage to the total number of employees
Diversity of management and employees (gender, minorities, etc.)
Average wage of in-store employees, and comparison to the minimum wage in the location
Percentage of suppliers evaluated and/or audited from the environmental/social aspects(including the percentage of suppliers that meet the environmental/social standards, and/or thathave obtained third-party certification)
 Number of products recalled and details thereof Number and details of violations of environmental regulations, product safety, personal
information
Source: Prepared by Nissay Asset Management based on the SASB Standards (Version 2018-10) and











3
Provisional Common Parts by Sector

the GRI Standards.

Referenced SASB Standards and GRI Standards regarding indicators


GRI 202: Market Presence 2016



GRI 301: Materials 2016



GRI 302: Energy 2016



GRI 303: Water and Effluents 2018



GRI 305: Emissions 2016



GRI 306: Effluents and Waste 2016



GRI 307: Environmental Compliance 2016



GRI 308: Supplier Environmental Assessment 2016



GRI 404: Training and Education 2016



GRI 405: Diversity and Equal Opportunity 2016



GRI 414: Supplier Social Assessment 2016



GRI 416: Customer Health and Safety 2016



GRI 418: Customer Privacy 2016



GRI 419: Socioeconomic Compliance 2016



SASB, Apparel, Accessories & Footwear, Sustainability Accounting Standard, Version 2018-10

SASB, Appliance Manufacturing, Sustainability Accounting Standard, Version 2018-10

SASB, Building Products & Furnishings, Sustainability Accounting Standard, Version 2018-10

SASB, E-Commerce, Sustainability Accounting Standard, Version 2018-10

SASB, Household & Personal Products, Sustainability Accounting Standard, Version 2018-10

SASB, Multiline and Specialty Retailers & Distributors, Sustainability Accounting Standard,
Version 2018-10

250

SASB, Toys & Sporting Goods, Sustainability Accounting Standard, Version 2018-10

Extractives & Minerals Processing

Industry:
Coal Operations / Construction Materials / Iron & Steel Producers / Metals & Mining / Oil & Gas– Exploration & Production / Oil & Gas – Midstream / Oil & Gas – Refining & Marketing / Oil &Gas – Services

Appendix(ii)

Overview of ESG issues related to sectors
The extractives and minerals processing sector have large environmental impacts associated with
their operations, and is closely related to ESG issues such as greenhouse gas emissions, air pollution,water resource consumption, waste generation, and negative impacts on biodiversity.
On the social aspects, workplace health and safety is an important issue, and the negative impacts
on local communities such as indigenous peoples at extractive sites of various resources is also an
issue.
In addition, there are also concerns about the long-term effects of climate change on businesson business activities associated with the introduction and strengthening of various laws andregulations including environmental regulations and risk management of critical incidents are also
important issues.
The SASB Standards set out the following disclosure topics for each industry of the extractives
and minerals processing sector.
Fig: List of disclosure topics in the extractives & minerals processing sector in SASB
Standards
Industry
Coal Operations

Construction Materials

Iron & Steel Producers

3
Provisional Common Parts by Sector

activities which are highly dependent on fossil fuels such as coal, oil and gas. The negative impacts

Disclosed topic- Greenhouse Gas Emissions- Water Management- Waste Management- Biodiversity Impacts- Rights of Indigenous Peoples- Community Relations- Labor Relations- Workforce Health & Safety- Reserves Valuation & Capital Expenditures- Greenhouse Gas Emissions- Air Quality- Energy Management- Water Management- Waste Management- Biodiversity Impacts- Workforce Health & Safety- Product Innovation- Pricing Integrity & Transparency- Greenhouse Gas Emissions- Air Emissions- Energy Management- Water Management- Waste Management251

3Provisional Common Parts by Sector

252- Workforce Health & Safety- Supply Chain Management- Greenhouse Gas Emissions
Metals & Mining- Air Quality- Energy Management- Water Management- Waste & Hazardous Materials Management- Biodiversity Impacts- Security, Human Rights & Rights of Indigenous Peoples- Community Relations- Labor Relations- Workforce Health & Safety- Business Ethics & Transparency- Greenhouse Gas Emissions
Oil & Gas – Exploration &- Air Quality
Production- Water Management- Biodiversity Impacts- Security, Human Rights & Rights of Indigenous Peoples- Community Relations- Workforce Health & Safety- Reserves Valuation & Capital Expenditures- Business Ethics & Transparency- Management of the Legal & Regulatory Environment- Critical Incident Risk Management- Greenhouse Gas Emissions
Oil & Gas – Midstream- Air Quality- Ecological Impacts- Competitive Behavior- Operational Safety, Emergency Preparedness & Response- Greenhouse Gas Emissions
Oil & Gas – Refining &- Air Quality
Marketing- Water Management- Hazardous Materials Management- Workforce Health & Safety- Product Specifications & Clean Fuel Blends- Pricing Integrity & Transparency- Management of the Legal & Regulatory Environment- Critical Incident Risk Management- Emissions Reduction Services & Fuels Management
Oil & Gas – Services- Water Management Services- Chemicals Management- Ecological Impact Management- Workforce Health & Safety- Business Ethics & Payments Transparency- Management of the Legal & Regulatory Environment- Critical Incident Risk Management
Source: Prepared by Nissay Asset Management based on the SASB Standards (Version 2018-10).

[Descriptive information on “governance,” “recognition of risks and opportunities” and“strategies and practices”]

Appendix

Main common parts of ESG information disclosure frameworks/standards)

Regarding descriptive information on “governance,” “recognition of risks and opportunities”“strategies and practices”, following disclosure items are mainly recommended for the extractives
and minerals processing sector in the SASB Standards, and it is deemed that these items are in linewith other ESG information disclosure frameworks/standards.
Fig: Main disclosure items for the extractives & minerals processing sector (descriptive
information)

3
Provisional Common Parts by Sector

Disclosure item (descriptive information)
 Description of how price and demand for hydrocarbon/coal and/or climate regulation influence
the capital expenditure strategy for exploration, acquisition and development of assets
 Sensitivity analysis of hydrocarbon/coal reserve levels to future price projection scenarios that
account for a price on carbon emission
 Description of environmental management policies and practices at extractive sites
 Description of strategies/plans for addressing risks and opportunities related to ecologicalimpacts
 Description of the process for managing iron ore and/or coking coal sourcing risks arising fromenvironmental and social issues.
 Description of direct GHG emission (Scope 1) reduction targets, short-term to long-term
strategies, and an analysis of performance against those targets
 Description of strategies/plans for addressing risks, opportunities and impacts related to air
pollutant emissions
 Description of strategies/plans for addressing risks, opportunities and impacts related to water
withdrawal and discharge Description of strategies/plans for addressing risks, opportunities and impacts related to the useof chemical substances Description of the management system used to integrate a culture of safety, and emergency
preparedness
 Description of practices to manage risks related to workforce health and safety Description of the management system to prevent corruption and bribery
 Description of the management system to identify and mitigate the catastrophic accident risks
 Description of corporate positions related to government regulations and/or policy proposals that
address environmental and social factors affecting the industry
 Description of the process to manage risks and opportunities related to community rights andinterests
 Description of due diligence mechanisms / processes with respect to human rights, indigenous
rights and operations in areas of conflict
Source: Prepared by Nissay Asset Management based on the SASB Standards (Version 2018-10).

[Quantitative information on “KPIs”]
Regarding the “KPIs” for the extractives and minerals processing sector, the main common partsof SASB Standards and GRI Standards are as follows.

253

Fig: Main indicators of the extractives & minerals processing sector (quantitative information)
Indicator (quantitative information)
Air pollutants emissions (PM, NOx, SOx, VOCs, etc.)
Percentage of reserves (including probable ones) located in or near areas with high biodiversity
value, and status of restored
 Number and volume of environmental spills
 Number and details of violations of environmental regulations
 Energy consumption and the percentage of renewable energy
 Direct GHG emissions (scope 1) and percentage methane for oil and gas (exploration andproduction, and midstream) Volume of waste generated, and percentage recycled
 Water withdrawal and consumption, percentage in regions with high water stress Metrics for work-related injuries (such as rate of lost-worktime injuries) Percentage of workers covered by collective bargaining agreements in coal or metals and mining Percentage of sites located in countries with high risk of corruption
 Amount of monetary losses as a result of anti-competitive behavior
 Percentage of reserves (proved and probable reserves) in or near indigenous land
Source: Prepared by Nissay Asset Management based on the SASB Standards (Version 2018-10) and

3
Provisional Common Parts by Sector

the GRI Standards.

Referenced SASB Standards and GRI Standards regarding indicators


GRI 102: General Disclosures 2016

GRI 205: Anti-corruption 2016

GRI 206: Anti-competitive Behavior 2016



GRI 302: Energy 2016



GRI 303: Water and Effluents 2018



GRI 304: Biodiversity 2016



GRI 305: Emissions 2016



GRI 306: Effluents and Waste 2016



GRI 307: Environmental Compliance 2016



GRI 403: Occupational Health and Safety 2018



GRI 411: Rights of Indigenous Peoples 2016



SASB, Coal Operations, Sustainability Accounting Standard, Version 2018-10

SASB, Construction Materials, Sustainability Accounting Standard, Version 2018-10

SASB, Iron & Steel Producers, Sustainability Accounting Standard, Version 2018-10

SASB, Metals & Mining, Sustainability Accounting Standard, Version 2018-10

SASB, Oil & Gas – Exploration & Production, Sustainability Accounting Standard, Version
2018-10254

SASB, Oil & Gas – Midstream, Sustainability Accounting Standard, Version 2018-10

SASB, Oil & Gas – Refining & Marketing, Sustainability Accounting Standard, Version 2018-10

SASB, Oil & Gas – Services, Sustainability Accounting Standard, Version 2018-10

Financials

Industry:
Asset Management & Custody Activities / Commercial Banks / Consumer Finance / Insurance /Investment Banking & Brokerage / Mortgage Finance / Security & Commodity Exchanges

Appendix(iii)

Overview of ESG issues related to sectors
In the financials sector, there is a growing concern about the potential effects of climate change on
lending, underwriting and/or investment management. So it is becoming more important to consider
ESG factors in such decision-makings. Also, since the financial crisis in 2008, there has been agrowing interest in systemic risk preparedness, including capital adequacy of financial institutions
and management of liquidity risk. In addition, in light of the tightening of financial regulations inJapan and overseas, effective whistleblower system, prevention of conflicts of interest, and ensuring
the professional integrity as a financial expert are also important topics.
The SASB Standards set out the following disclosure topics for each industry of the financials

Fig: List of disclosure topics in the financials sector in SASB Standards
Industry
Asset Management &Custody Activities

Commercial Banks

Consumer FinanceInsurance

Investment Banking &Brokerage

Mortgage Finance

Disclosed topic- Transparent Information & Fair Advice for Customers- Employee Diversity & Inclusion- Incorporation of Environmental, Social, and GovernanceFactors in Investment Management & Advisory- Business Ethics- Systemic Risk Management- Data Security- Financial Inclusion & Capacity Building- Incorporation of Environmental, Social, and GovernanceFactors in Credit Analysis- Business Ethics- Systemic Risk Management- Customer Privacy- Data Security- Selling Practices- Transparent Information & Fair Advice for Customers- Incorporation of Environmental, Social, and GovernanceFactors in Investment Management- Policies Designed to Incentivize Responsible Behavior- Environmental Risk Exposure- Systemic Risk Management- Employee Diversity & Inclusion- Incorporation of Environmental, Social, and GovernanceFactors in Investment Banking & Brokerage Activities- Professional Integrity- Business Ethics- Systemic Risk Management- Employee Incentives & Risk Taking- Lending Practices- Discriminatory Lending- Environmental Risk to Mortgaged Properties

Provisional Common Parts by Sector

sector.

3255

- Promoting Transparent & Efficient Capital Markets- Managing Conflicts of Interest
Exchanges- Managing Business Continuity & Technology Risks
Source: Prepared by Nissay Asset Management based on the SASB Standards (Version 2018-10).
Security & Commodity

Main common parts of ESG information disclosure frameworks/standards)[Descriptive information on “governance,” “recognition of risks and opportunities” and“strategies and practices”]
Regarding descriptive information on “governance,” “recognition of risks and opportunities”“strategies and practices”, following disclosure items are mainly recommended for the financials
sector in the SASB Standards, and it is deemed that these items are in line with other ESG
information disclosure frameworks/standards.

3

Fig: Main disclosure items for the financials sector (descriptive information)

Provisional Common Parts by Sector

Disclosure item (descriptive information)
Description of incorporation of ESG factors in credit analysis, investment banking and brokerage
activities, investment management (including proxy voting and engagement) or investment
advisory Description of incorporation of environmental risks into the underwriting process for individual
contracts, and the management of firm-level risks and capital adequacy Description of how climate change and other environmental risks are incorporated into mortgage
origination and underwriting Description of insurance products and/or its features that incentivize customers to take health,safety and/or environmentally responsible actions and/or behaviors
 Description of whistleblower policies and procedures
 Description of practices to ensure professional integrity
 Description of policies around supervision, control and validation of traders' pricing of Level 3
assets and liabilities Description of management of capital- and liquidity-related risks
 Description of incorporation of results of stress tests into long-term corporate strategies, etc.
 Description of practices to identify and address data security risks
 Description of policies and procedures for ensuring nondiscriminatory mortgage originations
 Description of remuneration structure of loan origination
 Description of practices to inform customers about products and services
 Description of alert policy regarding timing and nature of public release of information
 Description of policy of security exchange to encourage or require listed companies to publicly
disclose ESG information
 Description of processes for identifying and assessing conflicts of interest in security andcommodity exchange Description of practices to prevent technology errors, security breaches and market disruptions
Source: Prepared by Nissay Asset Management based on the SASB Standards (Version 2018-10).
[Quantitative information on “KPIs”]
Regarding the “KPIs” for the financials sector, the main common parts of SASB Standards and
GRI Standards are as follows.

256Indicator (quantitative information)
Diversity of management and employees (gender, minorities, etc.)
Contributions to the local community, such as providing financial services to small business andcommunities in the region
 Provision of financial services to minorities
 Number and details of violations, if any, against laws and regulations of anti-competitive
behavior, market manipulation and other financial matters, advertisement, personal information
protection, customer privacy protection and others Number of complaints from customers, number of administrative disposition
Source: Prepared by Nissay Asset Management based on the SASB Standards (Version 2018-10) and


AppendixFig: Main indicators of the financials sector (quantitative information)

the GRI Standards.

Referenced SASB Standards and GRI Standards regarding indicators
GRI 203: Indirect Economic Impacts 2016

GRI 206: Anti-competitive Behavior 2016



GRI 405: Diversity and Equal Opportunity 2016



GRI 406: Non-discrimination 2016



GRI 411: Rights of Indigenous Peoples 2016



GRI 413: Local Communities 2016



GRI 417: Marketing and Labeling 2016



GRI 418: Customer Privacy 2016



GRI 419: Socioeconomic Compliance 2016



SASB, Asset Management & Custody Activities Standard, Sustainability Accounting Standard,

3
Provisional Common Parts by Sector



Version 2018-10
SASB, Commercial Banks, Sustainability Accounting Standard, Version 2018-10

SASB, Consumer Finance, Sustainability Accounting Standard, Version 2018-10

SASB, Insurance, Sustainability Accounting Standard, Version 2018-10

SASB, Investment Banking, Sustainability Accounting Standard, Version 2018-10

SASB, Mortgage, Sustainability Accounting Standard, Version 2018-10

SASB, Security Commodity, Sustainability Accounting Standard, Version 2018-10

257

(iv)

Food & Beverage

Industry:
Agricultural Products / Alcoholic Beverages / Food Retailers & Distributors / Meat, Poultry &Dairy / Non-Alcoholic Beverages / Processed Foods / Restaurants /Tobacco
Overview of ESG issues related to sectors
The food and beverage sector is closely related to environmental issues such as greenhouse gas
emissions in product manufacturing, processing and distribution, energy consumption and water
resource consumption. The relationship between business activities and climate change is also strong,
and there is a growing concern about the adverse effects in accordance with the use of water
resources and raw materials and feeds sourcing. Furthermore, waste of containers and packages,
environmental and labor issues within the supply chain, etc. are important issues.
On the social aspects, in addition to food safey and health issues including obesity, there are issues

3such as food waste and the responsible labeling and marketing of products. Labor practices are

Provisional Common Parts by Sector

important, especially for food retailers, distributors and restaurants. Data security is becoming
important in retail industries due to the spread of electronic payments.
In addition, concerns regarding the use of genetically modified organizations (GMOs) and animal
welfare of livestock within the supply chain are growing especially in overseas consumers. There arealso controversies related to the marketing practices of certain products such as alcohol andtobaccos.
The SASB Standards set out the following disclosure topics for each industry of the food andbeverage sector.
Fig: List of disclosure topics in the food and beverage sector in SASB Standards
Industry
Agricultural Products

Alcoholic Beverages

Food Retailers &Distributors

258

Disclosed topic- Greenhouse Gas Emissions- Energy Management- Water Management- Food Safety- Workforce Health & Safety- GMO Management- Environmental & Social Impacts of Ingredient Supply Chain- Ingredient Sourcing- Energy Management- Water Management- Responsible Drinking & Marketing- Packaging Lifecycle Management- Environmental & Social Impacts of Ingredient Supply Chain- Ingredient Sourcing- Air Emissions from Refrigeration- Fleet Fuel Management- Energy Management- Food Waste Management- Data Security- Food Safety- Product Health & Nutrition

Appendix
3
Provisional Common Parts by Sector- Product Labeling & Marketing- Labor Practices- Management of Environmental & Social Impacts in the
Supply Chain
Greenhouse Gas Emissions
Meat, Poultry & Dairy- Energy Management- Water Management- Land Use & Ecological Impacts- Food Safety- Antibiotic Use in Animal Production- Workforce Health & Safety- Animal Care & Welfare- Environmental & Social Impacts of Animal Supply Chain- Animal & Feed Sourcing- Fleet Fuel Management
Non-Alcoholic Beverages- Energy Management- Water Management- Health & Nutrition- Product Labeling & Marketing- Packaging Lifecycle Management- Environmental & Social Impacts of Ingredient Supply Chain- Ingredient Sourcing- Energy Management
Processed Foods- Water Management- Food Safety- Health & Nutrition- Product Labeling & Marketing- Packaging Lifecycle Management- Environmental & Social Impacts of Ingredient Supply Chain- Ingredient Sourcing- Energy Management
Restaurants- Water Management- Food & Packaging Waste Management- Food Safety- Nutritional Content- Labor Practices- Supply Chain Management & Food Sourcing- Public HealthTobacco- Marketing Practices
Source: Prepared by Nissay Asset Management based on the SASB Standards (Version 2018-10).

Main common parts of ESG information disclosure frameworks/standards)[Descriptive information on “governance,” “recognition of risks and opportunities” and“strategies and practices”]
Regarding descriptive information on “governance,” “recognition of risks and opportunities”“strategies and practices”, following disclosure items are mainly recommended for the food andbeverage sector in the SASB Standards, and it is deemed that these items are in line with other ESG
information disclosure frameworks/standards.

259

Fig: Main disclosure items for the food and beverage sector (descriptive information)
Disclosure item (descriptive information)
Description of the environmental and social risks associated with the sourcing of raw materials
for foods and/or beverages
 Description of risks and opportunities associated with climate change in the sourcing ofagricultural and livestock products, and practices to address them Description of practices to reduce environmental and social risks within the supply chain(including animal welfare) Description of practices to reduce environmental impacts of packaging
 Description of the strategies for using genetically modified organisms(GMOs)
 Description of direct GHG emission (Scope 1) reduction targets, short-term to long-term
strategies, and an analysis of performance against those targets
 Description of risks related to water withdrawal and discharge, and effort to manage them Description of efforts to assess, monitor and improve workforce health in meat, poultry and dairy
 Description of the process to identify and reflect consumers health concerns to food products
 Description of the process to identify risks and opportunities associated with "tobacco harm
reduction" products
 Description of the entity's marketing policy against the WHO Framework Convention on
Tobacco Control
 Description of the market that ban imports of the entity's livestock products
 Description of practices to identify and address data security risks
 Description of efforts to promote responsible consumption of alcohol
Source: Prepared by Nissay Asset Management based on the SASB Standards (Version 2018-10).


3Provisional Common Parts by Sector[Quantitative information on “KPIs”]
Regarding the “KPIs” for the food and beverages sector, the main common parts of SASB
Standards and GRI Standards are as follows.
Fig: Main indicators of the food and beverages sector (quantitative information)
Indicator (quantitative information)
Volume of packing materials used, of which recycled materials are used
Percentage of suppliers that are evaluated or audited from the environmental/social aspects (e.g.
percentage of suppliers that meet the environmental and/or social standards, or that have obtained
third-party certification)
 Percentage of farms located in or near areas with high biodiversity value
 Energy consumption and the percentage of renewable energy
 Direct GHG emissions (scope 1)
 Volume of food waste generated, and percentage recycled
 Water withdrawal and consumption, percentage in regions with high water stress Metrics for work-related injuries (such as rate of lost-worktime injuries) Percentage of workers covered by collective bargaining agreements in food retailers anddistributors
 Number of products recalled and details thereof Number and details of violations, if any, against laws and regulations of environmental
protection, personal information protection, advertisement and indication and others
Source: Prepared by Nissay Asset Management based on the SASB Standards (Version 2018-10) and


the GRI Standards.

260

GRI 102: General Disclosures 2016



GRI 301: Materials 2016



GRI 302: Energy 2016



GRI 303: Water and Effluents 2018



GRI 304: Biodiversity 2016



GRI 305: Emissions 2016



GRI 306: Effluents and Waste 2016



GRI 307: Environmental Compliance 2016



GRI 308: Supplier Environmental Assessment 2016



GRI 403: Occupational Health and Safety 2018



GRI 414: Supplier Social Assessment 2016



GRI 416: Customer Health and Safety 2016



GRI 417: Marketing and Labeling 2016



GRI 418: Customer Privacy 2016



GRI 419: Socioeconomic Compliance 2016



SASB, Agricultural Products, Sustainability Accounting Standard, Version 2018-10

SASB, Alcoholic Beverages, Sustainability Accounting Standard, Version 2018-10

SASB, Food Retailers & Distributors, Sustainability Accounting Standard, Version 2018-10

SASB, Meat, Poultry & Dairy, Sustainability Accounting Standard, Version 2018-10

SASB, Non-Alcoholic Beverages, Sustainability Accounting Standard, Version 2018-10

SASB, Processed Foods, Sustainability Accounting Standard, Version 2018-10

SASB, Restaurants, Sustainability Accounting Standard, Version 2018-10

SASB, Tobacco, Sustainability Accounting Standard, Version 2018-10

3Provisional Common Parts by SectorAppendix

Referenced SASB Standards and GRI Standards regarding indicators

261

(v)

Health Care

Industry:
Biotechnology & Pharmaceuticals / Drug Retailers / Health Care Delivery / Health Care
Distributors / Managed Care / Medical Equipment & Supplies
Overview of ESG issues related to sectors
In the healthcare sector, safety of pharmaceuticals and medical devices is an important issue, anddealing with unethical business practices such as corruption and bribery is also an industry-wideissue. In addition, counterfeit drugs are spreading within the distribution chain, effective measures
to prevent the distribution are required for the industry. Data security is also becoming an importantdue to the computerization of personal privacy information such as medical records of patients (ascustomers). Also, companies’ efforts on the access to health care have received increased attention,
mainly in overseas.

3

The relation with environmental issues is a relatively weak in the healthcare sector except for theProvisional Common Parts by Sector

energy consumption in the drug stores, and greenhouse gas emissions in the healthcare distribution
chain.
The SASB Standards set out the following disclosure topics for each industry of the healthcare
sector.
Fig: List of disclosure topics in the healthcare sector in SASB Standards
Industry
Biotechnology &Pharmaceuticals

Drug Retailers

Health Care Delivery

Health Care Distributors

262

Disclosed topic- Safety of Clinical Trial Participants- Access to Medicines- Affordability & Pricing- Drug Safety- Counterfeit Drugs- Ethical Marketing- Employee Recruitment, Development & Retention- Supply Chain Management- Business Ethics- Energy Management in Retail- Data Security & Privacy- Drug Supply Chain Integrity- Patient Health Outcomes- Management of Controlled Substances- Energy Management- Waste Management- Patient Privacy & Electronic Health Records- Access for Low-Income Patients- Quality of Care & Patient Satisfaction- Management of Controlled Substances- Pricing & Billing Transparency- Employee Health & Safety- Employee Recruitment, Development & Retention- Climate Change Impacts on Human Health & Infrastructure- Fraud & Unnecessary Procedures- Fleet Fuel Management- Product Safety

Main common parts of ESG information disclosure frameworks/standards)“strategies and practices”]
Regarding descriptive information on “governance,” “recognition of risks and opportunities”“strategies and practices”, following disclosure items are mainly recommended for the healthcare
sector in the SASB Standards, and it is deemed that these items are in line with other ESG
information disclosure frameworks/standards.
Fig: Main disclosure items for the healthcare sector (descriptive information)













Disclosure item (descriptive information)
Description of policies and practices to address the physical risks due to an increased frequency
and intensity of extreme weather events, and changes in the morbidity and mortality rates of
illness and diseases associated with climate change in medical institution
Description of the effects of climate change on business operations, and how specific riskspresented by changes in the geographic incidences, morbidity, and mortality of illness anddiseases are incorporated into risk model
Description of process to assess and manage environmental and human health considerations
associated with chemicals in medical products, and meet demand for sustainable products
Description of practices to reduce the environmental impact of packaging in health care
distribution
Description of the risk management associated with the use of critical materials in medical
equipment
Description of practices to maintain traceability within the distribution chain of medical
equipment
Description of practices to reduce the environmental impact of logistics in health care
distribution
Description of talent recruitment and retention efforts for health care professionals such as
research and development
Description of code of ethics governing interactions with health care professionals
Description of practices to prevent conflicts of interest and unethical business practices
Description of practices to improve insurance application for patients in medical institutions
Description of practices and initiatives to promote access to medicines for priority diseases andin priority countries defined by “Access to Medicine Index”

3
Provisional Common Parts by Sector[Descriptive information on “governance,” “recognition of risks and opportunities” andAppendix- Counterfeit Drugs- Product Lifecycle Management- Business Ethics- Customer Privacy & Technology Standards
Managed Care
- Access to Coverage- Plan Performance- Improved Outcomes- Climate Change Impacts on Human Health- Affordability & Pricing
Medical Equipment &- Product Safety
Supplies- Ethical Marketing- Product Design & Lifecycle Management- Supply Chain Management- Business Ethics
Source: Prepared by Nissay Asset Management based on the SASB Standards (Version 2018-10).

263

List of products on the WHO List of Prequalified Medicinal Products as part of its
Prequalification of Medicines Programme Description of how price information for each product is disclosed to customers or to their agents
 Description of methods and technologies used to maintain traceability of products throughout the
distribution/supply chain and prevent counterfeiting Description of process for alerting customers and business partners of potential or known risks
associated with counterfeit products
 Description of due diligence process to quality suppliers of drug products and medical equipment
in health care distribution
 Description of policies and practices to manage the number of prescriptions issued for controlled
substances in medical institutions
 Description of policies and practices to prevent prescription dispensing errors in medical
institutions
 Description of policies and practices to secure customers' personally identifiable information
 Description of management process for ensuring quality and patient safety during clinical trials(by world region)
 List of products listed in the US FDA's MedWatch Safety Alerts for Human Medical Products
database Description of practices to reduce the occurrence of compromised drugs within the supply chain
in drug retailers
 Description of practices to minimize health and safety risks of products sold associated with
toxicity/chemical safety, high abuse potential, or delivery in health care distribution
 Description of code of ethics governing promotion of off-label use of medical products
 Description of policies and initiatives to ensure that patients are adequately informed about pricebefore undergoing a procedure in medical institutions
 Discussion of how pricing information for services is made publicly available in medical
institutions
Source: Prepared by Nissay Asset Management based on the SASB Standards (Version 2018-10).


3Provisional Common Parts by Sector[Quantitative information on “KPIs”]
Regarding the “KPIs” for the healthcare sector, the main common parts of SASB Standards and
GRI Standards are as follows.
Fig: Main indicators of the healthcare sector (quantitative information)
Indicator (quantitative information)
 Amount of reused and recycled through take-back of medical equipment
 Percentage of suppliers that are evaluated or audited from the environmental/social aspects (e.g.
percentage of suppliers that meet the environmental and/or social standards, or that have obtained
a third-party certification)
 Energy consumption and the percentage of renewable energy
 Payload fuel economy in health care distribution
 Amount of medical waste generated, and percentage recycled and landfilled Employee turnover rate Metrics for work-related injuries (such as rate of lost-worktime injuries) Number of products recalled and details thereof Number and details of violations, if any, against laws and regulations of health care, data
security, personal information protection, marketing and others
Source: Prepared by Nissay Asset Management based on the SASB Standards (Version 2018-10) and
the GRI Standards.

264

GRI 205: Anti-corruption 2016



GRI 301: Materials 2016



GRI 302: Energy 2016



GRI 305: Emissions 2016



GRI 306: Effluents and Waste 2016



GRI 307: Environmental Compliance 2016



GRI 308: Supplier Environmental Assessment 2016



GRI 414: Supplier Social Assessment 2016



GRI 416: Customer Health and Safety 2016



GRI 418: Customer Privacy 2016



GRI 419: Socioeconomic Compliance 2016



SASB, Biotechnology & Pharmaceuticals, Sustainability Accounting Standard, Version 2018-10

SASB, Drug Retailers, Sustainability Accounting Standard, Version 2018-10

SASB, Health Care Delivery, Sustainability Accounting Standard, Version 2018-10

SASB, Health Care Distributors, Sustainability Accounting Standard, Version 2018-10

SASB, Managed Care, Sustainability Accounting Standard, Version 2018-10

SASB, Medical Equipment & Supplies, Sustainability Accounting Standard, Version 2018-10

3Provisional Common Parts by SectorAppendix

Referenced SASB Standards and GRI Standards regarding indicators

265

(vi)

Infrastructure

Industry:
Electric Utilities & Power Generators / Engineering & Construction Services / Gas Utilities &Distributors / Home Builders / Real Estate / Real Estate Services / Waste Management / Water
Utilities & Services
Overview of ESG issues related to sectors
The infrastructure sector consists of industries with different business contents, and each industry
has its own ESG issues.
On the environmental aspects, issues that are closely related to electric utility companies aregreenhouse gas emissions, air pollutants emissions, consumption of water resources, and generationof coal ash waste. Construction, home building and real estate industries are closely related to theissues such as land use associated with site selection and development, and the environmental impact

3

associated with the operation of buildings. In the waste management businesses, the treatment ofProvisional Common Parts by Sector

greenhouse gas emissions, air pollutants emissions and generation of waste including hazardous
substances in the operation is an important theme. In the water utility business, consumption ofwater resource is an important issue.
In addition, there are many industries in the sector that are closely related to climate change, and it
is also necessary to adapt to the impacts that climate change may have on development projects,
home building, real estate assets, water utilities, etc.
On the social aspects, ensuring workplace health and safety, including prevention of industrial
accidents is especially required for the electric utility business, engineering, construction andhousing construction. In addition, ensuring the robustness of various infrastructures is also an
important theme.
The SASB Standards set out the following disclosure topics for each industry of the infrastructure
sector.
Fig: List of disclosure topics in the infrastructure sector in SASB Standards
Industry
Electric Utilities & Power
Generators

Engineering & Construction
Services

266

Disclosed topic- Greenhouse Gas Emissions & Energy Resource Planning- Air Quality- Water Management- Coal Ash Management- Energy Affordability- Workforce Health & Safety- End-Use Efficiency & Demand- Nuclear Safety & Emergency Management- Grid Resiliency- Environmental Impacts of Project Development- Structural Integrity & Safety- Workforce Health & Safety- Climate Impacts of Business Mix- Lifecycle Impacts of Buildings & Infrastructure- Business Ethics

Appendix
3
Provisional Common Parts by Sector- Energy Affordability- End-Use Efficiency- Integrity of Gas Delivery Infrastructure- Land Use & Ecological Impacts
Home Builders- Workforce Health & Safety- Community Impacts of New Developments- Design for Resource Efficiency- Climate Change Adaptation- Energy Management
Real Estate- Water Management- Management of Tenant Sustainability Impacts- Climate Change Adaptation- Sustainability Services
Real Estate Services- Transparent Information & Management of Conflict ofInterest
Fleet Fuel Management
Waste Management- Greenhouse Gas Emissions- Air Quality- Management of Leachate & Hazardous Waste- Labor Practices- Workforce Health & Safety- Recycling & Resource Recovery- Energy Management
Water Utilities & Services- Effluent Quality Management- Distribution Network Efficiency- Water Affordability & Access- Drinking Water Quality- End-Use Efficiency- Water Supply Resilience- Network Resiliency & Impacts of Climate Change
Source: Prepared by Nissay Asset Management based on the SASB Standards (Version 2018-10).
Gas Utilities & Distributors

Main common parts of ESG information disclosure frameworks/standards)[Descriptive information on “governance,” “recognition of risks and opportunities” and“strategies and practices”]
Regarding descriptive information on “governance,” “recognition of risks and opportunities”“strategies and practices”, following disclosure items are mainly recommended for the infrastructure
sector in the SASB Standards, and it is deemed that these items are in line with other ESG
information disclosure frameworks/standards.
Fig: Main disclosure items for the infrastructure sector (descriptive information)
Disclosure item (descriptive information)
Description of climate change risk exposure analysis, and strategies for mitigating risks
in home and real estate
Description of practices to identify and manage risks and opportunities related to theimpact of climate change on distribution and wastewater infrastructure in water utilities
and services
Description of strategies to manage risks associated with the quality and availability ofwater resources in water utilities and services
Description of how proximity and access to infrastructure, services and economic centers267affect site selection and development decisions in home builders
Description of risks and opportunities related to incorporating resource efficiency intohome design, and how benefits are communicated to customers in home builders
 Description of process to incorporate operational-phase energy and water efficiency
considerations into project planning and design in engineering and construction services
 Description of approach to measuring, incentivizing and improving sustainability impactsof tenants in real estate Description of processes to assess and manage environmental risks, and integrate its
considerations into site selection, site design, site development and construction inengineering and construction services
 Description of how building energy management considerations are integrated into
property investment analysis and operational strategy in real estate Description of direct GHG emission (Scope 1) reduction targets, short-term to long-term
strategies, and an analysis of performance against those targets in electric utilities andpower generators, and real estate Description of strategies to manage drinking water and effluents contaminants ofemerging concern in water utilities and services
 Description of risks related to water withdrawal and discharge, and effort to manage them Description of policies and practices for prevention of bribery and corruption, andanti-competitive behavior in the project bidding in engineering and construction services
 Description of efforts to manage the integrity of gas delivery infrastructure, including
risks related to safety and emissions
 Description of efforts to manage nuclear safety and emergency preparedness
 Description of impact of external factors on customer affordability (affordable pricing) ofelectricity, gas, and water, including economic conditions of the service territory
Source: Prepared by Nissay Asset Management based on the SASB Standards (Version 2018-10).


3Provisional Common Parts by Sector[Quantitative information on “KPIs”]
Regarding the “KPIs” for the infrastructure sector, the main common parts of SASB Standards
and GRI Standards are as follows.
Fig: Main indicators of the infrastructure sector (quantitative information)
Indicator (quantitative information)
 Amount of waste collected in waste management, and percentage recycled and percentage used
for energy recovery
 Water withdrawal and consumption in water utilities, percentage in regions with high water stress Air pollutants emissions (PM, NOx, SOx, VOCs, etc.)
 Energy consumption and the percentage of renewable energy
 Change (the amount of reduction) in energy consumption in real estate assets
 Direct GHG emissions (scope 1)
 Volume of waste and hazardous materials generated, and percentage recycled and landfilled Metrics for work-related injuries (such as rate of lost-worktime injuries) Percentage of workers covered by collective bargaining agreements
 Number of active projects in countries with high risk of corruption in engineering andconstruction services
 Number and details of violations, if any, against laws and regulations of environmental
protection, cybersecurity, corruption and bribery, anti-competitive behavior and others
Source: Prepared by Nissay Asset Management based on the SASB Standards (Version 2018-10) and
the GRI Standards.

268



GRI 102: General Disclosures 2016

GRI 205: Anti-corruption 2016

GRI 206: Anti-competitive Behavior 2016



GRI 302: Energy 2016



GRI 303: Water and Effluents 2018



GRI 305: Emissions 2016



GRI 306: Effluents and Waste 2016



GRI 307: Environmental Compliance 2016



GRI 403: Occupational Health and Safety 2018



GRI 418: Customer Privacy 2016



GRI 419: Socioeconomic Compliance 2016



SASB, Electric Utilities & Power Generators, Sustainability Accounting Standard, Version
2018-10
SASB, Engineering & Construction Services, Sustainability Accounting Standard, Version
2018-10SASB, Gas Utilities & Distributors, Sustainability Accounting Standard, Version 2018-10

SASB, Home Builders, Sustainability Accounting Standard, Version 2018-10

SASB, Real Estate, Sustainability Accounting Standard, Version 2018-10

SASB, Real Estate Services, Sustainability Accounting Standard, Version 2018-10

SASB, Waste Management, Sustainability Accounting Standard, Version 2018-10

SASB, Water Utilities & Services, Sustainability Accounting Standard, Version 2018-10

3Provisional Common Parts by SectorAppendix

Referenced SASB Standards and GRI Standards regarding indicators.

269

(vii) Renewable Resources & Alternative Energy
Industry:
Biofuels / Forestry Management / Fuel Cells & Industrial Batteries / Pulp & Paper Products / Solar
Technology & Project Developers / Wind Technology & Project Developers
Overview of ESG issues related to sectors

3
Provisional Common Parts by Sector

270

The renewable resources and alternative energy sector is closely related to issues such as energy
consumption associated with manufacturing, water resource management and environmental
considerations within the supply chain including raw materials sourcing. In forest management andsolar/wind energy project development, the ecological impact is also a closely related issue.
On the social aspects, ensuring workplace health and safety is an important theme in industries
including biofuel, fuel cells, industrial batteries, wind energy.
The SASB Standards set out the following disclosure topics for each industry of the renewable
resources and alternative energy sector.
Fig: List of disclosure topics in the renewable resources & alternative energy sector in SASB
Standards
Industry
Disclosed topic
Air
Quality
Biofuels- Water Management in Manufacturing- Lifecycle Emissions Balance- Sourcing & Environmental Impacts of Feedstock Production- Management of the Legal & Regulatory Environment- Operational Safety, Emergency Preparedness & Response- Ecosystem Services & Impacts
Forestry Management- Rights of Indigenous Peoples- Climate Change Adaptation- Energy Management
Fuel Cells & Industrial- Workforce Health & Safety
Batteries- Product Efficiency- Product End-of-life Management- Materials Sourcing- Greenhouse Gas Emissions
Pulp & Paper Products- Air Quality- Energy Management- Water Management- Supply Chain Management- Energy Management in Manufacturing
Solar Technology & Project- Water Management in Manufacturing
Developers- Hazardous Waste Management- Ecological Impacts of Project Development- Product End-of-life Management- Management of Energy Infrastructure Integration & Related
Regulations- Materials Sourcing- Workforce Health & Safety
Wind Technology & Project- Ecological Impacts of Project Development
Developers- Materials Efficiency- Materials Sourcing
Source: Prepared by Nissay Asset Management based on the SASB Standards (Version 2018-10).

[Descriptive information on “governance,” “recognition of risks and opportunities” and“strategies and practices”]

Appendix

Main common parts of ESG information disclosure frameworks/standards)

Regarding descriptive information on “governance,” “recognition of risks and opportunities”“strategies and practices”, following disclosure items are mainly recommended for the renewableenergy & alternative energy sector in the SASB Standards, and it is deemed that these items are inline with other ESG information disclosure frameworks/standards.
Fig: Main disclosure items for the renewable energy & alternative energy sector (descriptive
information)

3
Provisional Common Parts by Sector

Disclosure item (descriptive information)
 Description of practices for design to reduce environmental loads (materials efficiency of windturbine, and recyclability of fuel cells and/or industrial batteries) Description of the risk management associated with the use of critical materials
 Description of practices to manage risks associated with environmental impacts of raw materials
sourcing Description of strategy to manage opportunities and risks associated with forest management andtimber production presented by climate change Description of practices in solar energy system project development to address community andecological impacts
 Description of risks and opportunities associated with energy policy and its impact on the
integration of solar energy into existing energy infrastructure Description of risks associated with integration of solar energy into exiting energy infrastructure,and efforts to manage those risks
 Description of approach to manage use, reclamation and disposal of hazardous materials
 Description of approach to optimizing opportunities from ecosystem services provided byforestlands
 Description of direct GHG emission (Scope 1) reduction targets, short-term to long-term
strategies, and an analysis of performance against those targets
 Description of risks related to water withdrawal and discharge, and effort to manage them Description of practices to assess, monitor and reduce exposure of workforce to human healthhazards
 Description of corporate positions related to government regulations and/or policy proposals that
address environmental and social factors affecting the industry
 Description of engagement processes and due diligence practices with respect to human rights,
indigenous rights, and the local community
Source: Prepared by Nissay Asset Management based on the SASB Standards (Version 2018-10).

[Quantitative information on “KPIs”]
Regarding the “KPIs” for the renewable energy & alternative energy sector, the main common
parts of SASB Standards and GRI Standards are as follows.

271

Fig: Main indicators of the renewable energy & alternative energy sector (quantitative
information)
Indicators (quantitative information)
Volume of raw material used
Volume of end-of-life material recovered, and percentage recycled
Air pollutants emissions (PM, NOx, SOx, VOCs, etc.)
Number of incidents of non-compliance associated with environmental laws/regulations
Area of forestland in endangered species habitat, and with protected conservation
Energy consumption and the percentage of renewable energy
Direct GHG emissions (scope 1)
Lifecycle GHG emissions (from raw materials sourcing to power generation)
Percentage of suppliers that are evaluated or audited from the environmental aspects (e.g.
percentage of suppliers that meet the environmental standards, or that have obtained a third-party
certification)
 Number and volume of environmental spills
 Water withdrawal and consumption, percentage in regions with high water stress Metrics for work-related injuries (such as rate of lost-worktime injuries)
 Amount of financial assistance such as subsidies received by government
Source: Prepared by Nissay Asset Management based on the SASB Standards (Version 2018-10) and










3
Provisional Common Parts by Sector

the GRI Standards.

Referenced SASB Standards and GRI Standards regarding indicators


GRI 201: Economic Performance 2016



GRI 301: Materials 2016



GRI 302: Energy 2016



GRI 303: Water and Effluents 2018



GRI 304: Biodiversity 2016



GRI 305: Emissions 2016



GRI 306: Effluents and Waste 2016



GRI 307: Environmental Compliance 2016



GRI 403: Occupational Health and Safety 2018



SASB, Biofuels, Sustainability Accounting Standard, Version 2018-10

SASB, Forestry Management, Sustainability Accounting Standard, Version 2018-10

SASB, Fuel Cells & Industrial Batteries, Sustainability Accounting Standard, Version 2018-10

SASB, Pulp & Paper Products, Sustainability Accounting Standard, Version 2018-10

SASB, Solar Technology & Project Developers, Sustainability Accounting Standard, Version
2018-10SASB, Wind Technology & Project Developers, Sustainability Accounting Standard, Version
2018-10272

Industry:
Aerospace & Defense / Chemicals / Containers & Packaging / Electrical & Electronic Equipment /Industrial Machinery & Goods

Appendix(viii) Resource Transformation

Overview of ESG issues related to sectors
The resource transformation sector is closely related to issues such as energy consumption
associated with manufacturing, waste generation, product safety and environmental impact in the
product lifecycle. In addition, greenhouse gas emissions, air pollutants emissions and consumptionof water resources are also important issues, especially in the chemical industry and the containerand packaging industry. Furthermore, in some industries such as aerospace and defense industries,
data security issues as well as business ethics issues such as corruption and bribery, andanti-competitive behavior are also important themes.
The SASB Standards set out the following disclosure topics for each industry of the resource

Fig: List of disclosure topics in the resource transformation sector in SASB Standards
Industry
Aerospace & Defense

ChemicalsContainers & Packaging

Electrical & Electronic
Equipment

Disclosed topic- Energy Management- Hazardous Waste Management- Data Security- Product Safety- Fuel Economy & Emissions in Use-phase- Materials Sourcing- Business Ethics- Greenhouse Gas Emissions- Air Quality- Energy Management- Water Management- Hazardous Waste Management- Community Relations- Workforce Health & Safety- Safety & Environmental Stewardship of Chemicals- Genetically Modified Organisms- Product Design for Use-phase Efficiency- Management of the Legal & Regulatory Environment- Operational Safety, Emergency Preparedness & Response- Greenhouse Gas Emissions- Air Quality- Energy Management- Water Management- Waste Management- Product Safety- Product Lifecycle Management- Supply Chain Management- Energy Management- Hazardous Waste Management- Product Safety- Product Lifecycle Management

Provisional Common Parts by Sectortransformation sector.

3273

- Materials Sourcing- Business Ethics- Energy Management
Industrial Machinery &- Employee Health & Safety
Goods- Fuel Economy & Emissions in Use-phase- Materials Sourcing- Remanufacturing Design & Services
Source: Prepared by Nissay Asset Management based on the SASB Standards (Version 2018-10).

Main common parts of ESG information disclosure frameworks/standards)[Descriptive information on “governance,” “recognition of risks and opportunities” and“strategies and practices”]
Regarding descriptive information on “governance,” “recognition of risks and opportunities”“strategies and practices”, following disclosure items are mainly recommended for the resource

3
Provisional Common Parts by Sector

274

transformation sector in the SASB Standards, and it is deemed that these items are in line with other
ESG information disclosure frameworks/standards.
Fig: Main disclosure items for the resource transformation sector (descriptive information)
Disclosure item (descriptive information)
Description of the risk management associated with the use of critical materials
Description of strategy and approach to address fuel economy and GHG emissions of products inaerospace and defense Description of practices to reduce environmental impacts of packaging
 Description of strategy to manage chemicals of concern, and develop alternatives with reduced
human and/or environmental impact
 Description of direct GHG emission (Scope 1) reduction targets, short-term to long-term
strategies, and an analysis of performance against those targets in chemicals
 Description of risks related to water withdrawal and discharge, and effort to manage them inchemicals, and containers and packaging
 Description of policies and efforts for prevention of corruption and bribery, and anti-competitive
behavior
 Description of processes to manage business ethics risks throughout the value chain in aerospaceand defense Description of practices to assess, monitor and reduce exposure of employees and contract
workers to long-term (chronic) health risks in chemicals
 Description of corporate positions related to government regulations and/or policy proposals that
address environmental and social factors affecting the chemical industry
 Description of practices to identify and address data security risks in company operations andproducts in aerospace and defense Description of engagement processes to manage risks and opportunities associated with
community interests in chemicals
 Description of process to identify and manage emerging materials and chemicals of concerns incontainers and packaging
Source: Prepared by Nissay Asset Management based on the SASB Standards (Version 2018-10).
Regarding the “KPIs” for the resource transformation sector, the main common parts of SASB
Standards and GRI Standards are as follows.

Appendix[Quantitative information on “KPIs”]

Fig: Main indicators of the resource transformation sector (quantitative information)
Indicators (quantitative information)
Percentage of recycled input materials and renewable materials used in containers and packaging
Percentage of certified materials in aluminum and wood fiber procurement in containers andpackaging Air pollutants emissions (PM, NOx, SOx, VOCs, etc.)
 Energy consumption and the percentage of renewable energy
 Direct GHG emissions (scope 1)
 Volume of waste generated, and percentage recycled
 Water withdrawal and consumption, percentage in regions with high water stress Number and volume of environmental spills
 Metrics for work-related injuries (such as rate of lost-worktime injuries) Number of products recalled and details thereof Number and details of violations, if any, against laws and regulations of anti-competitive
behavior, corruption and bribery, data security, product safety and others
Source: Prepared by Nissay Asset Management based on the SASB Standards (Version 2018-10) and

Referenced SASB Standards and GRI Standards regarding indicators.


GRI 205: Anti-corruption 2016

GRI 206: Anti-competitive Behavior 2016



GRI 301: Materials 2016



GRI 302: Energy 2016



GRI 303: Water and Effluents 2018



GRI 305: Emissions 2016



GRI 306: Effluents and Waste 2016



GRI 308: Supplier Environmental Assessment 2016



GRI 403: Occupational Health and Safety 2018



GRI 414: Supplier Social Assessment 2016



GRI 416: Customer Health and Safety 2016



GRI 418: Customer Privacy 2016



GRI 419: Socioeconomic Compliance 2016



SASB, Aerospace & Defense, Sustainability Accounting Standard, Version 2018-10

SASB, Chemicals, Sustainability Accounting Standard, Version 2018-10

SASB, Containers & Packaging, Sustainability Accounting Standard, Version 2018-10

SASB, Electrical & Electronic Equipment, Sustainability Accounting Standard, Version 2018-10

SASB, Industrial Machinery & Goods, Sustainability Accounting Standard, Version 2018-10

Provisional Common Parts by Sector

the GRI Standards.

3

275

(ix)

Services

Industry:
Advertising & Marketing / Casinos & Gaming / Education / Hotels & Lodging / Leisure Facilities /Media & Entertainment / Professional & Commercial Services
Overview of ESG issues related to sectors
The service sector consists of industries with different business contents, and each industry has its
own ESG issues.
Data security and privacy are one of the most important issues in advertising/marketing, education,and professional/commercial services. In advertising/marketing and professional/commercial
services, human resources is particularly important, and hence enhancement of workplace diversity
is also important. In hotels and lodging facilities, labor practices including proper wage levels havebecome an issue, and in leisure facilities, safety measures for customers as well as workers are3
Provisional Common Parts by Sector

276

important. In casino and gaming, it is also required to consider measures against money launderingand gambling addiction.
On the environmental aspects, energy consumption is an important issue for businesses that own
facilities such as casinos, accommodation facilities, leisure facilities, etc., and for leisure facilities,
negative ecological impact associated with the development of tourist spots and the climate change
adaptation are also closely related issues.
The SASB Standards set out the following disclosure topics for each industry of the service sector.
Fig: List of disclosure topics in the service sector in SASB Standards
Industry
Disclosed topic
Data
Privacy
Advertising & Marketing- Advertising Integrity- Workforce Diversity & Inclusion- Energy Management
Casinos & Gaming- Responsible Gaming- Smoke-free Casinos- Internal Controls on Money Laundering- Data Security
Education- Quality of Education & Gainful Employment- Marketing & Recruiting Practices- Energy Management
Hotels & Lodging- Water Management- Ecological Impacts- Labor Practices- Climate Change Adaptation- Energy Management
Leisure Facilities- Customer Safety- Workforce Safety- Media Pluralism
Media & Entertainment- Journalistic Integrity & Sponsorship Identification- Intellectual Property Protection & Media Piracy- Data Security
Professional & Commercial- Workforce Diversity & Engagement
Services- Professional Integrity
Source: Prepared by Nissay Asset Management based on the SASB Standards (Version 2018-10).

[Descriptive information on “governance,” “recognition of risks and opportunities” and“strategies and practices”]

Appendix

Main common parts of ESG information disclosure frameworks/standards)

Regarding descriptive information on “governance,” “recognition of risks and opportunities”“strategies and practices”, following disclosure items are mainly recommended for the service
sector in the SASB Standards, and it is deemed that these items are in line with other ESG
information disclosure frameworks/standards.
Fig: Main disclosure items for the service sector (descriptive information)
Disclosure item (descriptive information)
Description of environmental management policies and policies to preserve ecosystem services
Description of policies and initiatives to prevent harassment of workers in accommodation
facilities Description of anti-money laundering policies and practices
 Description of policies to ensure professional integrity
 Description of policies to ensure intellectual property protection
 Description of policies and practices relating to behavioral advertising and consumer privacy
 Description of policies and practices to secure pluralism in news media contents
 Description of approach for ensuring journalistic integrity of news programming related to: (1)truthfulness, accuracy, objectivity, fairness, and accountability, (2)independence of content
and/or transparency of potential bias, and (3)protection of privacy and limitation of harm Description of practices to identify and address data security risks
 Description of policies and practices relating to collection, usage and retention of information
about customers
 Description of policies assure disclosure of key performance statistics to prospective students inadvance of collecting any fees and discussion of outcomes
Source: Prepared by Nissay Asset Management based on the SASB Standards (Version 2018-10).


3Provisional Common Parts by Sector[Quantitative information on “KPIs”]
Regarding the “KPIs” for the service sector, the main common parts of SASB Standards and GRI
Standards are as follows.
Fig: Main indicators of the service sector (quantitative information)











Indicator (quantitative information)
Percentage of lodging facilities located in or near areas with high biodiversity value
Energy consumption in casinos, accommodations and leisure facilities, and the percentage of
renewable energy
Water withdrawal and consumption in accommodation facilities, percentage in regions with highwater stress
Employee turnover rate
Employee engagement in professional and commercial services, percentage to the total numberof employees
Diversity of management and employees (gender, minorities, etc.)
Metrics for work-related injuries in leisure facilities (such as rate of lost-worktime injuries)
Customer fatality and injury rate at leisure facilities
Percentage of facilities inspected for safety in leisure facilities
Average wage of lodging facility employees, and comparison to the minimum wage in the location

277

Number and details of violations, if any, against laws and regulations of data security, personal
information protection, labor, money laundering, slander, advertisement and indication andothers
Source: Prepared by Nissay Asset Management based on the SASB Standards (Version 2018-10) and

the GRI Standards.

Referenced SASB Standards and GRI Standards regarding indicators


GRI 202: Market Presence 2016



GRI 302: Energy 2016



GRI 303: Water and Effluents 2018



GRI 304: Biodiversity 2016



GRI 403: Occupational Health and Safety 2018



GRI 405: Diversity and Equal Opportunity 20163



GRI 416: Customer Health and Safety 2016

Provisional Common Parts by Sector

GRI 417: Marketing and Labeling 2016



GRI 418: Customer Privacy 2016



GRI 419: Socioeconomic Compliance 2016



SASB, Advertising & Marketing, Sustainability Accounting Standard, Version 2018-10

SASB, Casinos & Gaming, Sustainability Accounting Standard, Version 2018-10

SASB, Education, Sustainability Accounting Standard, Version 2018-10

SASB, Hotels & Lodging, Sustainability Accounting Standard, Version 2018-10

SASB, Leisure Facilities, Sustainability Accounting Standard, Version 2018-10

SASB, Media & Entertainment, Sustainability Accounting Standard, Version 2018-10

SASB, Professional & Commercial Services, Sustainability Accounting Standard, Version
2018-10278

Technology & Communications

Industry:
Electronic Manufacturing Services & ODM / Hardware / Internet Media & Services /Semiconductors / Software & IT Services / Telecommunication Services

Appendix(x)

Overview of ESG issues related to sectors
In the technology and communications sectors, environmental impacts such as electricity
consumption of hardware infrastructure including data centers in the ICT related businesses areimportant issues. Also, especially in the Internet and other IT related businesses, recruitment andretention of skilled engineers globally are also important themes. In addition, the importance of data
security and privacy protection in products and services is also increasing. Intellectual property
protection and fair competition are also important themes.
In the electronic manufacturing service/ODM, hardware and semiconductors, environmental
impact in the product lifecycle and risk management associated with raw materials sourcing are
as greenhouse gas emission, water use, waste generation, etc. are also an important issue.
The SASB Standards set out the following disclosure topics for each industry of the technology
and communications sector.
Fig: List of disclosure topics in the technology & communications sector in SASB Standards
Industry
Electronic Manufacturing
Services & ODM

Hardware

Internet Media & Services

Semiconductors

Disclosed topic- Water Management- Waste Management- Labor Practices- Labor Conditions- Product Lifecycle Management- Materials Sourcing- Product Security- Employee Diversity & Inclusion- Product Lifecycle Management- Supply Chain Management- Materials Sourcing- Environmental Footprint of Hardware Infrastructure- Data Privacy, Advertising Standards & Freedom ofExpression- Data Security- Employee Recruitment, Inclusion & Performance- Intellectual Property Protection & Competitive Behavior- Greenhouse Gas Emissions- Energy Management in Manufacturing- Water Management- Waste Management- Employee Health & Safety- Recruiting & Managing a Global & Skilled Workforce- Product Lifecycle Management- Materials Sourcing- Intellectual Property Protection & Competitive Behavior

Provisional Common Parts by Sector

important. In addition, for semiconductors, environmental impact of the manufacturing process such

3279

- Environmental Footprint of Hardware Infrastructure- Data Privacy & Freedom of Expression- Data Security- Recruiting & Managing a Global, Diverse & Skilled
Workforce- Intellectual Property Protection & Competitive Behavior- Managing Systemic Risks from Technology Disruptions- Environmental Footprint of Operations
Telecommunication- Data Privacy
Services- Data Security- Product End-of-life Management- Competitive Behavior & Open Internet- Managing Systemic Risks from Technology Disruptions
Source: Prepared by Nissay Asset Management based on the SASB Standards (Version 2018-10).
Software & IT Services

3

Main common parts of ESG information disclosure frameworks/standards)[Descriptive information on “governance,” “recognition of risks and opportunities” andProvisional Common Parts by Sector“strategies and practices”]
Regarding descriptive information on “governance,” “recognition of risks and opportunities”“strategies and practices”, following disclosure items are mainly recommended for the technology
and communication sector in the SASB Standards, and it is deemed that these items are in line withother ESG information disclosure frameworks/standards.
Fig: Main disclosure items for the technology & communications sector (descriptive
information)
Disclosure item (descriptive information)
 Description of the risk management associated with the use of critical materials
 Description of the integration of environmental consideration into data center planning Description of direct GHG emission (Scope 1) reduction targets, short-term to long-term
strategies, and an analysis of performance against those targets
 Description of practices to assess, monitor and reduce exposure of workforce to human healthhazards in semiconductors
 Description of risks and opportunities associated with net neutrality, paid peering, zero rating andrelated practices in telecommunication services
 Description of business continuity risks related to disruptions of operations in IT services, etc.
 Description of policies and practices relating to behavioral advertising and user privacy in IT
services, etc.
 Lists of countries where core products or services are subject to government-required
monitoring, blocking, content filtering or censoring in IT services, etc.
 Description of approach to identifying and addressing to data security risks, including use ofthird-party cybersecurity standards
Source: Prepared by Nissay Asset Management based on the SASB Standards (Version 2018-10).

[Quantitative information on “KPIs”]
Regarding the “KPIs” for the technology and communications sector, the main common parts of
SASB Standards and GRI Standards are as follows.

280

Indicator (quantitative information)
Volume of e-waste generated and material recovered, and percentage reused, recycled andlandfilled
 Percentage of suppliers that are evaluated or audited from the environmental/social aspects (e.g.
percentage of suppliers that meet the environmental and/or social standards, or that have obtained
a third-party certification)
 Energy consumption and the percentage of renewable energy
 Direct GHG emissions (scope 1) and perfluorinated compounds (PFCs)
 Water withdrawal and consumption, percentage in regions with high water stress Volume of hazardous waste generated from manufacturing, and percentage recycled
 Diversity of management and employees (gender, minorities, etc.)
 Employee engagement in IT related industries, percentage to the total number of employees
 Metrics for work-related injuries (such as rate of lost-worktime injuries) Number and details of violations, if any, against laws and regulations of workplace health andsafety, anti-competitive behavior, data security, personal information and privacy protection andothers
Source: Prepared by Nissay Asset Management based on the SASB Standards (Version 2018-10) and

Referenced SASB Standards and GRI Standards regarding indicators


GRI 205: Anti-corruption 2016



GRI 301: Materials 2016



GRI 302: Energy 2016



GRI 303: Water and Effluents 2018



GRI 305: Emissions 2016



GRI 306: Effluents and Waste 2016



GRI 308: Supplier Environmental Assessment 2016



GRI 405: Diversity and Equal Opportunity 2016



GRI 414: Supplier Social Assessment 2016



GRI 418: Customer Privacy 2016



GRI 419: Socioeconomic Compliance 2016



SASB, Electronic Manufacturing Services & Original Design Manufacturing, Sustainability

3
Provisional Common Parts by Sector

the GRI Standards.

AppendixFig: Main indicators of the technology & communications sector (quantitative information)

Accounting Standard, Version 2018-10
SASB, Hardware, Sustainability Accounting Standard, Version 2018-10

SASB, Internet Media & Services, Sustainability Accounting Standard, Version 2018-10

SASB, Semiconductors, Sustainability Accounting Standard, Version 2018-10

SASB, Software & IT Services, Sustainability Accounting Standard, Version 2018-10

SASB, Telecommunication Services, Sustainability Accounting Standard, Version 2018-10

281

(xi)

Transportation

Industry:
Air Freight & Logistics / Airlines / Auto Parts / Automobiles / Car Rental & Leasing / Cruise Lines/ Marine Transportation / Rail Transportation / Road Transportation
Overview of ESG issues related to sectors
In the transportation sector, greenhouse gas emissions, air pollutants emissions, workplace healthand safety, and accident and safety management are closely related issues in the land/marine/airtransportation industries. Labor practices are also an important theme in the logistics industry.
Product safety, environmental performance of products, and procurement risk of raw materials areimportant themes for automobile and auto part industries.
The SASB Standards set out the following disclosure topics for each industry of the transportation
sector.

3
Provisional Common Parts by Sector

Fig: List of disclosure topics in the transportation sector in SASB Standards
Industry
Air Freight & Logistics

Airlines

Auto Parts

Automobiles

Car Rental & Leasing
Cruise Lines

Marine Transportation

282

Disclosed topic- Greenhouse Gas Emissions- Air Quality- Labor Practices- Employee Health & Safety- Supply Chain Management- Accident & Safety Management- Greenhouse Gas Emissions- Labor Practices- Competitive Behavior- Accident & Safety Management- Energy Management- Waste Management- Product Safety- Design for Fuel Efficiency- Materials Sourcing- Materials Efficiency- Competitive Behavior- Product Safety- Labor Practices- Fuel Economy & Use-phase Emissions- Materials Efficiency & Recycling- Materials Sourcing- Customer Safety- Fleet Fuel Economy & Utilization- Greenhouse Gas Emissions- Air Quality- Discharge Management & Ecological Impacts- Customer Health & Safety- Labor Practices- Employee Health & Safety- Accident Management- Greenhouse Gas Emissions- Air Quality

Main common parts of ESG information disclosure frameworks/standards)[Descriptive information on “governance,” “recognition of risks and opportunities” andRegarding descriptive information on “governance,” “recognition of risks and opportunities”“strategies and practices”, following disclosure items are mainly recommended for thetransportation sector in the SASB Standards, and it is deemed that these items are in line with other
ESG information disclosure frameworks/standards.
Fig: Main disclosure items for the transportation sector (descriptive information)
Disclosure item (descriptive information)
 Description of the risk management associated with the use of critical materials
 Description of strategy for managing fleet fuel economy and risks and opportunities associatedwith the emission of air pollutants
 Description of direct GHG emission (Scope 1) reduction targets, short-term to long-term
strategies, and an analysis of performance against those targets
 Description of practices to manage short-term and long-term driver health risks in roadtransportation
 Description of implementation and outcomes of a Safety Management System in airline and air
freight industries
Source: Prepared by Nissay Asset Management based on the SASB Standards (Version 2018-10).

3
Provisional Common Parts by Sector“strategies and practices”]

Appendix- Ecological Impacts- Employee Health & Safety- Business Ethics- Accident & Safety Management- Greenhouse Gas Emissions
Rail Transportation- Air Quality- Employee Health & Safety- Competitive Behavior- Accident & Safety Management- Greenhouse Gas Emissions
Road Transportation- Air Quality- Driver Working Conditions- Accident & Safety Management
Source: Prepared by Nissay Asset Management based on the SASB Standards (Version 2018-10).

[Quantitative information on “KPIs”]
Regarding the “KPIs” for the transportation sector, the main common parts of SASB Standards
and GRI Standards are as follows.

283

Fig: Main indicators of the transportation sector (quantitative information)
Indicator (quantitative information)
Percentage of recycled input materials used for automobile parts
Volume of end-of-life material (vehicles etc.) recovered, and percentage recycled
Air pollutants emissions (PM, NOx, SOx, VOCs, etc.)
Energy consumption and the percentage of renewable energy
Direct GHG emissions (scope 1)
GHG emissions including the use of transportation owned by logistics companies
Volume of hazardous waste generated from manufacturing, and percentage recycled
Number and volume of environmental spills in road and marine transportation
Metrics for work-related injuries (such as rate of lost-worktime injuries)
Employee turnover rate
Percentage of workers covered by collective bargaining agreements
Number of products recalled and details thereof
Number of calls at port in countries with high risk of corruption in marine transportation
Number and details of accidents on land, marine, and air transportations (air accident, marine
accident, railway accident, traffic accident) Number and details of violations, if any, against laws and regulations of labor, environmental
protection, anti-competitive behavior, corruption and bribery and others
Source: Prepared by Nissay Asset Management based on the SASB Standards (Version 2018-10) and















3
Provisional Common Parts by Sector284

the GRI Standards.

Referenced SASB Standards and GRI Standards regarding indicators


GRI 102: General Disclosures 2016

GRI 202: Market Presence 2016

GRI 205: Anti-corruption 2016

GRI 206: Anti-competitive Behavior 2016



GRI 301: Materials 2016



GRI 302: Energy 2016



GRI 305: Emissions 2016



GRI 306: Effluents and Waste 2016



GRI 307: Environmental Compliance 2016



GRI 403: Occupational Health and Safety 2018



GRI 416: Customer Health and Safety 2016



GRI 419: Socioeconomic Compliance 2016



SASB, Air Freight & Logistics, Sustainability Accounting Standard, Version 2018-10

SASB, Airlines, Sustainability Accounting Standard, Version 2018-10

SASB, Auto Parts, Sustainability Accounting Standard, Version 2018-10

SASB, Automobiles, Sustainability Accounting Standard, Version 2018-10

SASB, Car Rental & Leasing, Sustainability Accounting Standard, Version 2018-10

SASB, Cruise Lines, Sustainability Accounting Standard, Version 2018-10

SASB, Marine Transportation, Sustainability Accounting Standard, Version 2018-10

SASB, Rail Transportation, Sustainability Accounting Standard, Version 2018-10

SASB, Road Transportation, Sustainability Accounting Standard, Version 2018-10