Scenario Analysis of Climate Change Risks and Opportunities Based on the TCFD Recommendations
First written in FY2025. 1 of 2 entries say "Advanced", first in FY2026. Latest entry: FY2026.
The whole theme swung hardest in 2021: 1 of 12 companies on the "Worse" side.
92 other companies' latest entry also says "Advanced".
- FY2026AdvancedAnnual report
「After each business division identifies its risks, the Risk Management Committee and the Sustainability Committee identify and assess them. For risks deemed particularly important, a system has been established under which the Risk Management Committee and the Sustainability Committee report directly to the Board of Directors once every six months.」
The management process for climate change risks under the TCFD framework was detailed, consisting of risk identification by each business division, assessment by the two committees, and direct reporting to the Board of Directors every six months. - FY2025First statedAnnual report
「Under the 1.5°C scenario, the business may be affected by measures and regulations introduced as society transitions to decarbonisation, including the introduction of a carbon tax and the shift to renewable energy. Under the 4°C scenario, we assume physical impacts, such as flood damage resulting from increasingly severe extreme weather, as the transition to a decarbonised society does not progress.」
Transition and physical risks were analysed under the 1.5°C and 4°C scenarios, and their impacts were assessed based on short-, medium- and long-term time horizons and financial impact. Financial impact estimates were also calculated for carbon tax risk and flooding risk.