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DMG MORI Announced Support for TCFD Recommendations

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DMG MORI CO., LTD. and its group company DMG MORI AKTIENGESELLSCHAFT (hereinafter collectively referred to as “DMG MORI”) have declared to adhere to the Task Force on Climate-related Financial Disclosures*1 (hereinafter referred to as TCFD) recommendations.

In line with the TCFD recommendations, DMG MORI will disclose further extensive information in the areas of governance, strategy, risk management, and metrics & targets. In this way, the investors and other stakeholders will have clearer insights into DMG MORI’s climate-related risks and opportunities.

DMG MORI is working towards a sustainable and decarbonized society - a society in which people and nature can coexist in harmony, and a society where the resources are properly recycled and not wasted. In particular, DMG MORI is accelerating the group-wide efforts to become carbon neutral; in March 2021, we achieved carbon neutrality in all processes from parts procurement to product shipment for all products manufactured globally. We also aim for carbon neutrality throughout the supply chain by 2022 and for a 30% reduction in CO2 emissions per machine by 2030 (in comparison with 2019).

In addition to our own CO2 reduction activities, we will also offer environmentally friendly products and help our customers to reduce their carbon footprint. Believing that the machine tool business can significantly contribute to the environmental preservation, DMG MORI will continuously strive for a decarbonized society.

◆Disclosure of climate change-related risks and opportunities in accordance with the recommendations of The Task Force on Climate-related Financial Disclosures (TCFD)
Climate-related disclosure based on TCFD-recommendations

◆For more information about our sustainability initiatives, see the website below.
DMG MORI Sustainability website (Japanese website only)

◆Press release: DMG MORI Achieved its CO2-Neutral Target for 2021 (March 25, 2021)
Press release「DMG MORI Achieved its CO2-Neutral Target for 2021」

*1 Task Force on Climate-related Financial Disclosures (TCFD)
The Financial Stability Board (FSB) established the TCFD in 2015 to develop a framework for effective climate-related disclosures. TCFD recommends companies and other organizations to disclose climate-related risks and opportunities.

◆For more information, see the TCFD homepage:https://www.fsb-tcfd.org/

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Public Relations / Marketing Department

E-mail: users@dmgmori.co.jp

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