Addressing Physical and Transition Risks from Climate Change
First written in FY2022. 1 of 4 entries say "Restated". Latest entry: FY2026.
The whole theme swung hardest in 2020: 1 of 12 companies on the "Worse" side.
55 other companies' latest entry also says "Restated".
- FY2026RestatedAnnual report
「Our group regards climate change as one of its medium- to long-term risks. To consider strategies and organizational resilience based on related risks and opportunities, we referenced climate change scenarios developed by the IEA (International Energy Agency) and IPCC (Intergovernmental Panel on Climate Change), including the below-2°C and 4°C scenarios, considered their long-term impact on our group through 2050, conducted scenario analysis covering all of our group's businesses, and set a CO2 emissions reduction target for fiscal 2030.」
The company continues to conduct climate scenario analysis, examine physical and transition risks, and pursue its fiscal 2030 reduction target. - FY2024Updated CO2 emissions dataAnnual report
「Fiscal 2023 actual: 1,280.18; 11.8%」
For Scope 1 and 2 emissions of CO2 generated by our operations, the company disclosed fiscal 2023 actual emissions of 1,280.18 t-CO2, representing an 11.8% reduction from the base year. - FY2023Advanced climate scenario analysis and target-settingAnnual report
「Our group referenced climate change scenarios developed by the IEA and IPCC, including the below-2°C and 4°C scenarios, considered their long-term impact on our group through 2050, and conducted scenario analysis covering all of our group's businesses.」
Climate change risks were analyzed across all businesses through 2050 with reference to the IEA and IPCC below-2°C and 4°C scenarios. - FY2022First statedAnnual report
「In recent years, climate change has tended to intensify natural disasters, creating physical risks such as damage to construction sites and construction delays caused by typhoons and floods. In addition, as society transitions toward a low-carbon, decarbonized economy, restrictions on construction volumes due to greenhouse-gas limits or the introduction of a carbon tax could increase costs and affect the Company’s financial condition and operating results.」
The Company first separately identified physical risks such as typhoons and floods and transition risks such as regulations and carbon taxes associated with decarbonization.