Daito Trust Construction introduces full-fledged internal carbon pricing (ICP) across the Daito Group

Strengthening environmental assessments for new businesses and other initiatives, thereby accelerating energy conservation/creation investments leading to carbon neutrality

Investor Relations

Nov. 22, 2024

Daito Trust Construction (head office: Tokyo, Japan) plans to introduce the full-fledged internal carbon pricing (“ICP” hereinafter) for all new business projects and investments across the Daito Group in April 2025.
Under the ICP, companies set an internal price for the carbon dioxide generated in their business activities to better grasp and promote low-carbon measures, including low-carbon investment. The internal carbon price is regarded as an important metric, and the TCFD*1 and other bodies recommend using it to evaluate decarbonization investment as part of corporate ESG disclosure.
By introducing and applying the full-fledged ICP across the Group and by strengthening environmental assessments for new business projects and facilities, we hope to accelerate energy conservation/creation investments that lead to carbon neutrality.
Having set the goal of achieving net-zero greenhouse gas emissions across our value chain by 2050, we will continue to promote awareness of this issue within the company to advance decarbonization efforts.

*1 The Task Force on Climate-related Financial Disclosures was established by the Financial Stability Board (FSB) to consider climate-related information disclosure and the response of financial institutions to climate change.
■Overview of the ICP
Internal carbon price:5,500 yen/t-CO2
Businesses covered:New business projects and capital investments targeting decarbonization by the Daito Group
* Scope 1 (direct emissions) and Scope 2 (indirect emissions)

Contact

Public Relations Department, Daito Trust Construction Co., Ltd.
2-16-1 Konan, Minato-ku, Tokyo 108-8211, Japan
Tel. +81-3-6718-9174 / Email koho@kentaku.co.jp / Website https://www.kentaku.co.jp/