February 4, 2020Management

AGC Recognized for Its Water Risk Initiatives, Named to the CDP "Water Security A List 2019", the Highest Rank

AGC (Headquarters: Tokyo; President & CEO: Takuya Shimamura) has been selected as the A List for water security by CDP*, an international non-profit organization working on environmental issues such as climate change. This is the first time that AGC has been selected as a CDP A-List company.

CDP scores companies by reviewing their responses to CDP questionnaires that covers categories of “climate change”, “water security”, and “forests”. The companies are scored ranging from A to D- based on their responses. Category of water security, for which AGC was selected for inclusion in the A List, surveys and evaluates companies’ awareness and measures for water security risks through the their goals and strategies, water input, output and recycling of water usage, etc..

AGC has set the AGC Group Environmental Policy stating its commitment “ to contribute to the creation of a sustainable society as an outstanding player in the global Materials Industry by efficiently utilizing limited resources and energy and by taking account into due consideration our impact on the natural environment, including climate change and biodiversity.” Under this policy, the AGC Group has been engaged in various activities for environmental issues.
In a category of water security, AGC Group focuses on effective use of water resources and prevention of water pollution caused by its operation. AGC sets mid-long term goals and takes measures for the effective water usage and water pollution prevention based on local risks. Further, AGC evaluates comprehensively unique local water risks for AGC locations by the evaluation of the WRI’s (World Resource Institute) AQUEDUCT** as well as data of past flood damages and BCP preparedness for flood events.

In addition to the activities above, other AGC’s proactive initiatives such as of reducing water usage, preventing water pollution, effectively utilizing water resources, and disclosure of water usage during the product life cycle resulted in the highest evaluation of A List for water security.

AGC Group keeps promoting environmental initiatives and contribute to sustainable development of the global society by providing materials and solutions indispensable to society.
* A global non-profit that drives companies and governments to reduce their greenhouse gas emissions, safeguard water resources and protect forests. Voted number one climate research provider by investors and working with institutional investors with assets of US$96 trillion, we leverage investor and buyer power to motivate companies to disclose and manage their environmental impacts. Over 8,400 companies with over 50% of global market capitalization disclosed environmental data through CDP in 2019. This is in addition to the over 920 cities, states and regions who disclosed, making CDP’s platform one of the richest sources of information globally on how companies and governments are driving environmental change. CDP is a founding member of the We Mean Business Coalition. Visit https://cdp.net/en or follow us @CDP to find out more.

**Tools providing information on the status of water risks for each region
Kazumi Tamaki, General Manager, Corporate Communications & Investor Relations Division
AGC Inc.
Contact: Ai Ota
TEL: +81-3-3218-5603
E-mail: info-pr@agc.com