Japan Bank for International Cooperation
The Japan Bank for International Cooperation (JBIC; Governor: HAYASHI Nobumitsu) today made a disclosure, based on the recommendations by the Task Force on Climate-related Financial Disclosures (TCFD).
The JBIC announced its endorsement of the TCFD, which was established by the Financial Stability Board (FSB) in October 2019. This is the third TCFD disclosure, following the first in October 2022 and the second in December 2023.
This time, the JBIC has updated its disclosure, based on the progress of climate-related initiatives in FY2023, such as the enhancement of climate scenario analysis, and the establishment of the Fifth Medium-Term Business Plan (FY2024–FY2026) in June 2024. For details, please see the addendum of Integrated Report 2024 “Climate-related Financial Disclosures based on TCFD recommendations.”
Under the Fifth Medium-term Business Plan which identified “Realize a Sustainable Future” as its first key focus area, JBIC will serve as a navigator and co-create futures to realize both carbon neutrality and economic growth, and to solve social issues of host countries, through actively supporting initiatives that promote decarbonization and the SDGs. JBIC will continue to make appropriate information disclosures to stakeholders in recognition of the importance of climate-related financial disclosures.