Simplex Holdings, Inc. (Headquarters: Minato-ku, Tokyo; Representative Director, President and CEO: Hideki Kaneko; hereinafter “Simplex”) hereby announces that it has announced its support for the recommendations of the Task Force on Climate-related Financial Disclosures (TCFD)＊ and disclosed information based on the TCFD recommendations on its corporate website. Simplex also announces that it has joined the TCFD Consortium, which was established as a forum to discuss effective corporate disclosure of climate-related financial information and initiatives to translate the disclosed information into appropriate investment decisions by financial institutions and other organizations.
Through its business activities, the Simplex Group confronts issues that must be dealt with to realize a sustainable society and aims to achieve the kind of sustainable development that enables the Group to grow together with the global environment and society. Under such a policy, we have established the Sustainability Council in June 2022 based on the recognition of sustainability as one of our priority management themes. On the initiative of the Council, we have been analyzing the potential impacts of risks and revenue opportunities associated with climate change on its business activities.
As part of these efforts, we have decided to support the recommendations of TCFD, which has established an international framework for climate change-related information disclosure, and to join the TCFD Consortium. At the same time, we have also decided to disclose on our corporate website information on risks and opportunities associated with climate change that may affect our business activities based on the said recommendations.
Information Disclosure based on TCFD Recommendations:
The Simplex Group will continue to strive to disclose information on climate change-related risks and aim to achieve the kind of sustainable development that enables the Group to grow together with the global environment and society.
TCFD refers to the Task Force on Climate-related Financial Disclosures, established by the Financial Stability Board (FSB) at the request of G20. TCFD recommends companies to disclose information on items related to climate change-related risks and opportunities in four thematic areas: governance, risk management, strategy, and metrics and targets.
Outline of Simplex Holdings, Inc.
Simplex Holdings, Inc. is a holding company engaged in business management of Simplex Inc. and other subsidiaries. Simplex Holdings became listed on the First Section of the Tokyo Stock Exchange on September 22, 2021 and transitioned to the Prime Market on April 4, 2022. Since its foundation in 1997, Simplex Inc., which is the Group’s core business, has been engaged in business as a technology partner for Japan’s leading financial institutions. Currently, the company also offers its solutions to non-financial industries by drawing on its wealth of expertise cultivated in the financial field. We established an AI technology firm Deep Percept Inc. in March 2019 and started a comprehensive consulting firm Xspear Consulting, Inc. in April 2021. Working together as one team with these new group firms as well as Simplex Inc., which has worked to create added value since its foundation, we have been assisting our customers in the financial industry, and more recently in the public sector and other industry-leading firms with their Digital Transformation.
Simplex Holdings, Inc.