Japan

Overview

Japan’s financial authorities and stock exchange are putting climate on the balance sheet. TCFD-style disclosure is already expected from top-listed companies, with more changes on the horizon.

Who Does This Affect?

• Prime Market companies listed on the Tokyo Stock Exchange

Why Is This Being Introduced?

• To align with international TCFD disclosures and increase climate data quality

What's Required?

• Comply-or-explain disclosures of scope 1 and 2 emissions
  

When Is This Happening?

• Effective from April 2022

Where is Reporting Submitted?

• Integrated annual reports

Where is Reporting Submitted?

• JFSA Climate Strategy: https://www.fsa.go.jp/news/2021/20211014/20211014.html