Transition and Physical Risks and Business Opportunities Arising from Climate Change
First written in FY2023. 1 of 2 entries say "Worsened", first in FY2026. Latest entry: FY2026.
Sumiseki Holdings moved to the "Worse" side of this theme in 2026, the same year as the typical company in this theme.
1 other company's latest entry also says "Worsened".
- FY2026WorsenedAnnual report
「The introduction of a carbon tax will accelerate customers’ efforts to decarbonize and reduce coal demand.」
In its analysis of climate change risks, the Group explicitly identified declining coal demand resulting from the introduction of a carbon tax as a high-priority transition risk. - FY2023First statedAnnual report
「The Group regards climate change as a medium- to long-term risk and has established a “below 2°C scenario,” in which the effects of the transition to decarbonization become apparent (transition risk), and a “4°C scenario,” in which the physical effects of global warming become apparent (physical risk), and has examined the impact of climate change on the Group as shown in the table below.」
The Group expressed its support for the TCFD recommendations and analyzed risks, including carbon taxes, declining coal demand, natural disasters and rising sea levels, as well as opportunities related to biomass and energy-saving materials, based on the below 2°C and 4°C scenarios.