Physical Risks from Climate Change and Transition Risks to a Low-Carbon Society
First written in FY2020. 4 of 6 entries say "Advanced", first in FY2023. Latest entry: FY2026.
30 other companies' latest entry also says "Advanced".
- FY2026AdvancedAnnual report
「The Kajima Group's CO2 emissions reduction targets are a 23% reduction for Scope 1 and 2 emissions in fiscal 2026, a 42% reduction in fiscal 2030, and net zero in fiscal 2050, and a 10% reduction for Scope 3 emissions in fiscal 2026, a 25% reduction in fiscal 2030, and net zero in fiscal 2050.」
In addition to the existing fiscal 2030 and fiscal 2050 targets, the Company set interim targets for fiscal 2026 of reducing Scope 1 and 2 emissions by 23% and Scope 3 emissions by 10%. - 2026-05-25AdvancedGeneral Meetings of Shareholders
「The transformation of economic and social structures, including the transition to decarbonization and a circular economy, is also expected to accelerate.」
The initiatives for decarbonization, resource circulation and nature regeneration under Environmental Vision 2050 plus were reiterated together with the results for the current fiscal year. - FY2024AdvancedAnnual report
「All business risks, including climate-related risks, are assessed by the Compliance and Risk Management Committee, chaired by the President, and reported to the Board of Directors twice a year. In addition, the Company is working to further strengthen its disaster preparedness and business continuity capabilities by conducting practical BCP drills based on scenarios such as torrential rain disasters under its emergency business continuity plan (BCP).」
For climate-related risks, the Company specified an evaluation and reporting framework involving the Sustainability Committee, Environmental Committee, and Compliance and Risk Management Committee, together with BCP drills as a response measure. It also disclosed the P/L impact in fiscal 2030 based on 1.5°C and 4°C scenarios. - FY2023AdvancedAnnual report
「In March 2021, the Company revised its scenario from a 2°C scenario to a 1.5°C scenario and estimated the impact on its domestic construction business in fiscal 2030.」
For climate change risk management, the Company revised its scenario from 2°C to 1.5°C and estimated the business impact in fiscal 2030. The management framework involving the Sustainability Committee and Environmental Committee, as well as BCP drills, was also described. - FY2021MitigatedAnnual report
「In addition to strengthening the Company's disaster preparedness and business continuity capabilities by formulating a business continuity plan (BCP) for emergencies and conducting practical BCP drills based on scenarios such as torrential rain disasters, the Company will promote R&D in disaster preparedness, disaster risk reduction and BCP. Based on the medium-term management plan and the “Kajima Environmental Vision: Triple Zero2050,” the Company will systematically invest in reducing CO2 emissions at construction sites and elsewhere and in carbon offsets.」
Specific measures to address climate change risks have been established, including BCP drills, R&D in disaster preparedness and risk reduction, and investment in CO2 emissions reduction and carbon offsets. - FY2020First statedAnnual report
「In recent years, natural disasters have tended to become more severe due to climate change. Physical risks associated with climate change could affect performance and other factors through damage to construction projects in progress and construction delays caused by typhoons, floods and other events, as well as damage to buildings owned by the Company. Transition risks associated with the shift to a low-carbon society could affect performance and other factors through restrictions on construction volumes resulting from caps on greenhouse gas emissions and higher costs resulting from the introduction of a carbon tax.」
The Company identified for the first time the physical risks arising from increasingly severe natural disasters and the transition risks to a low-carbon society arising from emissions regulations and carbon taxes as major climate-related risks.