Impact of Climate Change on Orders Received, Procurement Costs and Productivity
First written in FY2022. 1 of 2 entries say "Reframed", first in FY2024. Latest entry: FY2024.
Toenec moved to the "Worse" side of this theme in 2024, 2 years before the typical company in this theme (2026).
9 other companies' latest entry also says "Reframed".
- FY2024ReframedAnnual report
「In its assessment of the financial impact of climate-related risks and opportunities, the company found that operating profit in fiscal 2030 would increase under the 2°C scenario, particularly because of the substantial increase in profit from renewable-energy-related construction and renewable-energy sales. Under the 4°C scenario, operating profit would decrease.」
The company organises climate-change risks by scenario-specific impacts, including carbon prices, fuel costs, construction-material procurement, floods and storm surges, and wind and flood damage, and assesses their financial impact on operating profit. - FY2022First statedAnnual report
「However, if orders from customers promoting environmental management decline substantially because the Group’s initiatives toward a decarbonised society are delayed, if various regulations are introduced or a carbon price is implemented and the cost of procuring materials rises substantially, or if productivity declines due to abnormal weather, this may affect the financial condition, operating results and cash flows of the Group.」
The company identifies as a new risk the possibility that delays in decarbonisation initiatives, environmental regulations, carbon pricing and abnormal weather may affect orders, material procurement costs and productivity.