CDP and TCFD Report

CDP and TCFD Report

CDP Score Report

 

The CDP Score Reports on climate change, forests, and water security have been a critical reference for the global investors' investment. In 2020, over 9,600 companies worldwide were evaluated based on their responses to CDP's questionnaires, and what FTC received are as follows:

 

  1. Climate Change: FTC has selected "A-," higher than Textiles & fabric goods sector average of "D," for consecutive two years.
  2. Water security: FTC is the only one enterprise in such top band among the "Textiles & fabric goods" Activity Group which received "A" the highest honor.
 

FTC has been carrying out its responsibility for mitigating impacts of the global climate change; the CDP Score Reports reveal FTC is capable of well handling issues on climate change and sets a good example to the textile industry. As for the detailed CDP Score Reports, please refer to the following (downloadable) links:

 

CDP Score Report - Climate Change

CDP Score Report - Climate Change 2020 (pdf)

CDP Score Report - Climate Change 2019 (pdf)

CDP Score Report - Water Security

CDP Score Report - Water Security 2020 (pdf)

CDP Score Report - Water Security 2019 (pdf)

 

Task Force on Climate-related Financial Disclosures (TCFD)

 

Financial impacts brought by the climate change have been more and more significant; therefore, investors and insurers need much clearer disclosures on climate-related financial information. TCFD was accordingly created. TCFD provides an overall, transparent, and systematic disclosure framework to connect the climate risks with financial reports which helps companies to intensify the requests from international sustainability platforms, regulations from international industry carbon-cutting, and the management of climate change. It allows enterprises to show their responsibilities and insights on climate-related issues and to allocate the capital more effectively for sustainable and low-carbon economy development.

 

In line with the global trends, FTC disclosed the risks and opportunities resulted from climate change based on the suggestions from TCFD to show the responsibility and strategy and to allocate the capital more reasonably and effectively for the vision of low-carbon economy. As for the detailed TCFD Reports, please refer to the following (downloadable) links:

 

TCFD Report

TCFD Report 2020 English version (pdf)

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