JFE Holdings, Inc.WebSite

Disclosure		Pages
Disclosure		sustainability report	Other
1. The organization and its reporting practices
2-1	Organizational details	-	Overview of JFE Holdings Global Network
2-2	Entities included in the organization’s sustainability reporting	Editorial Policy	-
2-3	Reporting period, frequency and contact point	Editorial Policy Submit Comments on the JFE Group Sustainability Report (Japanese Only)	Contact Us
2-4	Restatements of information	Environmental Data Social Data	-
2-5	External assurance	Independent Assurance Statement	-
2. Activities and workers
2-6	Activities, value chain and other business relationships	Steel Industry Initiatives JFE Group Value Chain	JFE GROUP REPORT(Integrated Report): P.13-14, P.23-24, P.43-46
2-7	Employees	Social Data	JFE GROUP REPORT(Integrated Report): P.107-108
2-8	Workers who are not employees	-	-
3. Governance
2-9	Governance structure and composition	Corporate Governance Social Data	-
2-10	Nomination and selection of the highest governance body	Corporate Governance	JFE GROUP REPORT(Integrated Report): P.77-79
2-11	Chair of the highest governance body	-	Corporate Governance Report: P.8
2-12	Role of the highest governance body in overseeing the management of impacts	System for Promoting Sustainability Environmental Management Human Rights Risk Management	Securities Report: P.23-32
2-13	Delegation of responsibility for managing impacts	System for Promoting Sustainability	-
2-14	Role of the highest governance body in sustainability reporting	System for Promoting Sustainability	-
2-15	Conflicts of interest	Corporate Governance	Corporate Governance Report: P.2
2-16	Communication of critical concerns	Compliance	-
2-17	Collective knowledge of the highest governance body	-	-
2-18	Evaluation of the performance of the highest governance body	Corporate Governance	-
2-19	Remuneration policies	Corporate Governance	JFE GROUP REPORT(Integrated Report): P.80-81
2-20	Process to determine remuneration	-	JFE GROUP REPORT(Integrated Report): P.79-81
2-21	Annual total compensation ratio	-	-
4. Strategy, policies and practices
2-22	Statement on sustainable development strategy	Message from the CEO	JFE GROUP REPORT(Integrated Report): P.17-22
2-23	Policy commitments	Human Rights	JFE GROUP REPORT(Integrated Report): P.89-90
2-24	Embedding policy commitments	Supply Chain Management Environmental Management Human Rights Compliance Corporate Governance Risk Management	-
2-25	Processes to remediate negative impacts	Human Rights Compliance	-
2-26	Mechanisms for seeking advice and raising concerns	-	-
2-27	Compliance with laws and regulations	Environmental Management Compliance	-
2-28	Membership associations	Steel Industry Initiatives	-
5. Stakeholder engagement
2-29	Approach to stakeholder engagement	System for Promoting Sustainability	-
2-30	Collective bargaining agreements	Human Rights	JFE GROUP REPORT(Integrated Report): P.85

Disclosure		Pages
Disclosure		sustainability report	Other
2. Disclosures on material topics
3-1	Process to determine material topics	Material Issues of Corporate Management	-
3-2	List of material topics	Material Issues of Corporate Management	-
3-3	Management of material topics	Material Issues of Corporate Management System for Promoting Sustainability Supply Chain Management Environmental Management Climate Change Scenario Analysis in Line with the TCFD Recommendations Prevention of Pollution Efficient Use of Resources Water Security Biodiversity Responsibility to Customers (Provide Quality Products and Enhance Customer Satisfaction) Occupational Health and Safety Recruiting and Nurturing Diverse Human Resources (Labor Standards)	-

Disclosure		Pages
Disclosure		sustainability report	Other
GRI 201: Economic Performance 2016
201-1	Direct economic value generated and distributed	Environmental Management Community	Securities Report: P.2-3(Transition of Key Management Indicators, etc.), P.14 (Status of Employees), P.68 (Dividend Policy), P.102 (Consolidated Income Statement)
201-2	Financial implications and other risks and opportunities due to climate change	Scenario Analysis in Line with the TCFD Recommendations Environmental Management	-
201-3	Defined benefit plan obligations and other retirement plans	-	Securities Report: P.114 (Postemployment benefits)
201-4	Financial assistance received from government	-	-
GRI 202: Market Presence 2016
202-1	Ratios of standard entry level wage by gender compared to local minimum wage	-	-
202-2	Proportion of senior management hired from the local community	-	-
GRI 203: Indirect Economic Impacts 2016
203-1	Infrastructure investments and services supported	Environmental Management Community	-
203-2	Significant indirect economic impacts	Message from the CEO JFE Group Value Chain Material Issues of Corporate Management Climate Change	-
GRI 204: Procurement Practices 2016
204-1	Proportion of spending on local suppliers	-	-
GRI 205: Anti-corruption 2016
205-1	Operations assessed for risks related to corruption	-	-
205-2	Communication and training about anti-corruption policies and procedures	Compliance	-
205-3	Confirmed incidents of corruption and actions taken	Compliance	-
GRI 206: Anti-competitive Behavior 2016
206-1	Legal actions for anti-competitive behavior, anti-trust, and monopoly practices	-	-
GRI 207: Tax 2019
207-1	Approach to tax	Tax Transparency	-
207-2	Tax governance, control, and risk management	-	-
207-3	Stakeholder engagement and management of concerns related to tax	-	-
207-4	Country-by-country reporting	-	-

Disclosure		Pages
Disclosure		sustainability report	Other
GRI 301: Materials2016
301-1	Materials used by weight or volume	Environmental Data	-
301-2	Recycled input materials used	Efficient Use of Resources Environmental Data	-
301-3	Reclaimed products and their packaging materials	Efficient Use of Resources Environmental Data	-
GRI 302: Energy 2016
302-1	Energy consumption within the organization	Climate Change Environmental Data	-
302-2	Energy consumption outside of the organization	-	-
302-3	Energy intensity	Climate Change Environmental Data	-
302-4	Reduction of energy consumption	Climate Change Environmental Data	-
302-5	Reductions in energy requirements of products and services	Steel Industry Initiatives	-
GRI 303: Water and Effluents 2018
303-1	Interactions with water as a shared resource	Water Security	-
303-2	Management of water dischargerelated impacts	Prevention of Pollution Environmental Data	-
303-3	Water withdrawal	Water Security Environmental Data	-
303-4	Water discharge	Environmental Data	-
303-5	Water consumption	Water Security Environmental Data	-
GRI 304: Biodiversity 2016
304-1	Operational sites owned, leased, managed in, or adjacent to, protected areas and areas of high biodiversity value outside protected areas	-	-
304-2	Significant impacts of activities, products, and services on biodiversity	Biodiversity	-
304-3	Habitats protected or restored	Biodiversity	-
304-4	IUCN Red List species and national conservation list species with habitats in areas affected by operations	-	-
GRI 305: Emissions 2016
305-1	Direct (Scope 1) GHG emissions	Climate Change Environmental Data	-
305-2	Energy indirect (Scope 2) GHG emissions	Climate Change Environmental Data	-
305-3	Other indirect (Scope 3) GHG emissions	Climate Change Environmental Data	-
305-4	GHG emissions intensity	Climate Change Environmental Data	-
305-5	Reduction of GHG emissions	Climate Change Environmental Data	-
305-6	Emissions of ozone-depleting substances (ODS)	-	-
305-7	Nitrogen oxides (NOx), sulfur oxides (SOx), and other significant air emissions	Prevention of Pollution Environmental Data	-
GRI 306: Waste 2020
306-1	Waste generation and significant waste-related impacts	Environmental Data	-
306-2	Management of significant waste-related impacts	Efficient Use of Resources Environmental Data	-
306-3	Waste generated	Efficient Use of Resources Environmental Data	-
306-4	Waste diverted from disposal	Efficient Use of Resources Environmental Data	-
306-5	Waste directed to disposal	Efficient Use of Resources Environmental Data	-
GRI 308: Supplier Environmental Assessment 2016
308-1	New suppliers that were screened using environmental criteria	-	-
308-2	Negative environmental impacts in the supply chain and actions taken	-	-

Disclosure		Pages
Disclosure		sustainability report	Other
GRI 401: Employment 2016
401-1	New employee hires and employee turnover	Recruiting and Nurturing Diverse Human Resources (Labor Standards) Social Data	-
401-2	Benefits provided to full-time employees that are not provided to temporary or part-time employees	-	-
401-3	Parental leave	Social Data	-
GRI 402: Labor/Management Relations 2016
402-1	Minimum notice periods regarding operational changes	-	-
GRI 403: Occupational Health and Safety 2018
403-1	Occupational health and safety management system	Occupational Health and Safety	-
403-2	Hazard identification, risk assessment, and incident investigation	Occupational Health and Safety	-
403-3	Occupational health services	Occupational Health and Safety	-
403-4	Worker participation, consultation, and communication on occupational health and safety	Occupational Health and Safety	-
403-5	Worker training on occupational health and safety	Occupational Health and Safety	-
403-6	Promotion of worker health	Occupational Health and Safety	-
403-7	Prevention and mitigation of occupational health and safety impacts directly linked by business relationships	Occupational Health and Safety	-
403-8	Workers covered by an occupational health and safety management system	-	-
403-9	Work-related injuries	Social Data	-
403-10	Work-related ill health	Occupational Health and Safety	-
GRI 404: Training and Education 2016
404-1	Average hours of training per year per employee	Material Issues of Corporate Management and KPIs	-
404-2	Programs for upgrading employee skills and transition assistance programs	Occupational Health and Safety	-
404-3	Percentage of employees receiving regular performance and career development reviews	-	-
GRI 405: Diversity and Equal Opportunity2016
405-1	Diversity of governance bodies and employees	Recruiting and Nurturing Diverse Human Resources (Labor Standards) Social Data	-
405-2	Ratio of basic salary and remuneration of women to men	-	-
GRI 406: Non-discrimination 2016
406-1	Incidents of discrimination and corrective actions taken	-	-
GRI 407: Freedom of Association and Collective Bargaining 2016
407-1	Operations and suppliers in which the right to freedom of association and collective bargaining may be at risk	-	-
GRI 408: Child Labor 2016
408-1	Operations and suppliers at significant risk for incidents of child labor	-	-
GRI 409: Forced or Compulsory Labor 2016
409-1	Operations and suppliers at significant risk for incidents of forced or compulsory labor	-	-
GRI 410: Security Practices 2016
410-1	Security personnel trained in human rights policies or procedures	-	-
GRI 411: Rights of Indigenous Peoples 2016
411-1	Incidents of violations involving rights of indigenous peoples	-	-
GRI 413: Local Communities 2016
413-1	Operations with local community engagement, impact assessments, and development programs	Community	-
413-2	Operations with significant actual and potential negative impacts on local communities	Not applicable	-
GRI 414: Supplier Social Assessment 2016
414-1	New suppliers that were screened using social criteria	-	-
414-2	Negative social impacts in the supply chain and actions taken	JFE Group Value Chain	-
GRI 415: Public Policy 2016
415-1	Political contributions	-	-
GRI 416: Customer Health and Safety 2016
416-1	Assessment of the health and safety impacts of product and service categories	Responsibility to Customers (Provide Quality Products and Enhance Customer Satisfaction)	-
416-2	Incidents of non-compliance concerning the health and safety impacts of products and services	-	-
GRI 417: Marketing and Labeling 2016
417-1	Requirements for product and service information and labeling	-	-
417-2	Incidents of non-compliance concerning product and service information and labeling	Not applicable	-
417-3	Incidents of non-compliance concerning marketing communications	-	-
GRI 418: Customer Privacy 2016
418-1	Substantiated complaints concerning breaches of customer privacy and losses of customer data	-	-

Chapter 1: Basic Information of Environmental Reporting
Items	Contents
1. Basic requirements for environmental reporting
(1) Boundary	Editorial Policy
(2) Reporting period	Editorial Policy
(3) Reporting standards and guidelines	Editorial Policy Guideline Content Indices
(4) Overview of the environmental report	Editorial Policy
2. Trends in key performance indicators
(1) Trends in major performance indicators	Material Issues of Corporate Management

Chapter 2: Items to Be Included in Environmental Reporting
Items	Contents
1. Top Management Commitments
(1) Top management commitments to the JFE Group’s response to material environmental issues	Message from the CEO
2. Governance
(1) JFE Group governance structure	System for Promoting Sustainability
(2) Manager responsible for material environmental issues	Environmental Management Scenario Analysis in Line with the TCFD Recommendations
(3) Roles of the board of directors and board of executive officers in the management of material environmental issues	Environmental Management Scenario Analysis in Line with the TCFD Recommendations
3. Stakeholder Engagement
(1) Corporate policies to stakeholders	Environmental Management
(2) Overview of stakeholder engagement activities conducted in the reporting period	JFE Group Value Chain System for Promoting Sustainability Environmental Communication
4. Risk Management
(1) Environment-related risk identification, assessment, and management processes	System for Promoting Sustainability Scenario Analysis in Line with the TCFD Recommendations Human Rights Risk Management
(2) Positioning of the above processes in the JFE Group’s overall risk management	System for Promoting Sustainability Risk Management
5. Business Model
(1) JFE Group business model	JFE Group Value Chain JFE GROUP REPORT (Integrated Report): P.13-14
6. Value Chain Management
(1) Value chain overview	JFE Group Value Chain
(2) Green procurement policy, objectives, and results	Supply Chain Management
(3) Status of eco-friendly products and services	Development and Provision of Eco-friendly Processes and Products
7. Long-term Vision
(1) Long-term vision	Message from the CEO Climate Change Scenario Analysis in Line with the TCFD Recommendations
(2) Time period covered by the long-term vision	Message from the CEO Climate Change Scenario Analysis in Line with the TCFD Recommendations
(3) Reasons why that time period was selected	Climate Change Scenario Analysis in Line with the TCFD Recommendations
8. Strategy
(1) JFE Group business strategy for contributing to the achievement of a sustainable society	Message from the CEO Material Issues of Corporate Management Scenario Analysis in Line with the TCFD Recommendations Steel Industry Initiatives
9. Methodology for Identifying Material Environmental Issues
(1) Procedure by which the JFE Group identified its material environmental issues	Material Issues of Corporate Management Scenario Analysis in Line with the TCFD Recommendations
(2) List of identified material environmental issues	Material Issues of Corporate Management Scenario Analysis in Line with the TCFD Recommendations
(3) Reasons that the identified environmental issues were judged material	Material Issues of Corporate Management Scenario Analysis in Line with the TCFD Recommendations
(4) Boundaries of the material environmental issues	JFE Group Value Chain Material Issues of Corporate Management Scenario Analysis in Line with the TCFD Recommendations
10. JFE Group Material Environmental Issues
(1) Policies and/or action plans	Corporate Vision/Business Conduct JFE Group Value Chain Material Issues of Corporate Management Climate Change Scenario Analysis in Line with the TCFD Recommendations
(2) Targets and results of policies/action plans based on performance indicators	Material Issues of Corporate Management System for Promoting Sustainability
(3) Methodologies used for calculating each performance indicator	Material Issues of Corporate Management
(4) Aggregation scope of data for each performance indicator	Material Issues of Corporate Management Editorial Policy
(5) Financial impact of risks and opportunities, and calculation methodologies if the financial impact is significant	Environmental Management Scenario Analysis in Line with the TCFD Recommendations Environmental Data
(6) Assurance report by an independent third party	Independent Assurance Statement

Reference: Major Environmental Issues and Their Performance Indicators
Items	Contents
1. Climate Change
Greenhouse Gas Emissions
(1) Scope 1 emissions	Climate Change Environmental Data
(2) Scope 2 emissions	Climate Change Environmental Data
(3) Scope 3 emissions	Climate Change Environmental Data
Emission Intensity
(1) Greenhouse gas emission intensity	Climate Change Environmental Data
Energy Usage
(1) Breakdown of energy usage and overall energy usage	Climate Change Environmental Data
(2) Renewable energy usage as a percentage of overall energy usage	-
2. Water Resources
(1) Water resource inputs	Water Security Environmental Data
(2) Water intensity	-
(3) Water discharge	Environmental Data
(4) Status of water stress, if the entity has sites or supply chains located in areas with water stress	Water Security
3. Biodiversity
(1) Impact of business activities on biodiversity	Biodiversity
(2) Status and extent of the dependency of the JFE Group’s business activities on biodiversity	Biodiversity
(3) Business activities that contribute to biodiversity conservation	Biodiversity
(4) Status of cooperation with external stakeholders	Biodiversity
4. Resource Circulation
Resource Inputs
(1) Volume of nonrenewable resource inputs	Environmental Data
(2) Volume of renewable resource inputs	Environmental Data
(3) Volume of recycled materials used	Environmental Data
(4) Rate of recycled and reused resources(= volume of recycled materials used/volume of resource inputs)	Efficient Use of Resources Environmental Data
Resource Waste
(1) Total production of waste	Efficient Use of Resources Environmental Data
(2) Total final disposal volume of waste	Efficient Use of Resources Environmental Data
5. Chemical Substances
(1) Volume of chemical substances in storage	-
(2) Volume of chemical substance emissions	Prevention of Pollution Environmental Data
(3) Volume of chemical substances transferred	Prevention of Pollution Environmental Data
(4) Volume of chemical substances handled (volume used)	-
6. Pollution prevention
General
(1) Status of legal compliance	Environmental Management
Air quality conservation
(1) Air-pollutant emissions volume, emission concentration in air pollution regulations	Prevention of Pollution Environmental Data
Water pollution
(1) Water pollution load, emission concentration in emissions regulations	Prevention of Pollution Environmental Data
Soil pollution
(1) Status of soil pollution	Environmental Management

Recommended Disclosures	Overview of TCFD Recommendations	Contents
【Governance】 Disclose the organization’s governance around climaterelated risks and opportunities.	a.Describe the board’s oversight of climate-related risks and opportunities	Corporate Governance Risk Management Climate Change (Governance)
	b. Describe management’s role in assessing and managing climate-related risks and opportunities
【Strategy】 Disclose the actual and potential impacts of climate-related risks and opportunities on the organization’s businesses, strategy and financial planning where such information is material.	a.Describe the climate-related risks and opportunities the organization has identified over the short, medium, and long term	Progress of the Seventh Medium-term Business Plan JFE Group Value Chain Climate Change (JFE Group Environmental Vision for 2050) Climate Change (JFE Group’s Climate Change Strategy) Scenario Analysis in Line with the TCFD Recommendations
	b. Describe the impact of climate-related risks and opportunities on the organization’s businesses, strategy, and financial planning
	c. Describe the resilience of the organization’s strategy, taking into consideration different climate-related scenarios, including a 2℃ or lower scenario
【Risk Management】 Disclose how the organization identifies, assesses, and manages climate-related risks.	a. Describe the organization’s processes for identifying and assessing climate-related risks	Risk Management Environmental Management Climate Change (Risk Management)
	b. Describe the organization’s processes for managing climate-related risks
	c. Describe how processes for identifying, assessing and managing climate-related risks are integrated into the organization’s overall risk management
【Metrics and Targets】 Disclose the metrics and targets used to assess and manage relevant climate-related risks and opportunities.	a. Disclose the metrics used by the organization to assess climate-related risks and opportunities in line with its strategy and risk management process	Progress of the Seventh Medium-term Business Plan Material Issues of Corporate Management Climate Change (Metrics and Targets)
	b. Disclose Scopes 1 and 2 and, if appropriate, Scope 3 greenhouse gas (GHG) emissions and related risks	Climate Change (Metrics and Targets) Environmental Data
	c. Describe the targets used by the organization to manage climate-related risks and opportunities and performance against targets	Material Issues of Corporate Management Climate Change (JFE Group Environmental Vision for 2050) Climate Change (Metrics and Targets)

Guideline Content Indices

GRI Standard Content Index

Comparison with Environmental Reporting Guidelines 2018 (Ministry of the Environment, Japan)

TCFD Content Index