Environmental Initiatives Viewing Environmental Issues as Business Opportunities for Sustainable Growth
First written in FY2021. 2 of 6 entries say "Advanced", first in FY2024. Latest entry: FY2026.
2 other companies' latest entry also says "Other".
- FY2026Updates the climate scenario analysisAnnual report
「The group conducts scenario analysis of the impact of climate change on its business using a 1.5°C scenario (transition risk) and a 4°C scenario (physical risk), following the steps set out below.」
The company discloses an analysis using a 1.5°C transition scenario and a 4°C physical risk scenario for climate change risks, linking it to an assessment of the financial impact for fiscal 2030 and fiscal 2050. - FY2025-H1AdvancedAnnual report
「The group actively pursues environmental management, including greenhouse gas reductions, and in August 2024 obtained certification from the international organization Science Based Targets initiative (SBTi) that its 2030 greenhouse gas reduction target is a science-based target aligned with the level of ambition set by the Paris Agreement.」
The company's 2030 greenhouse gas reduction target received certification from the Science Based Targets initiative in August 2024. - FY2024AdvancedAnnual report
「The group is advancing information disclosure in line with the TCFD framework. For Scope 1 and 2 emissions, it has set a target of reducing greenhouse gas emissions by 42% from fiscal 2020 levels by fiscal 2030 and achieving carbon neutrality by fiscal 2050.」
For its response to climate change, the company disclosed the TCFD framework, 1.5°C and 4°C scenario analyses, a target of reducing Scope 1 and 2 emissions by 42% by fiscal 2030, and a carbon neutrality target for fiscal 2050. - FY2022WorsenedAnnual report
「(1) Transition risk: A decline in corporate value and loss of order opportunities due to negative assessments by customers, investors and others if the group is unable to respond to the transition to a decarbonized society or customers' needs concerning climate change, as well as increased costs arising from the introduction of carbon pricing systems and other measures. (2) Physical risk: Risks of damage to buildings, construction sites and facilities caused by flooding expected to occur as extreme weather intensifies, as well as increased health risks at outdoor construction sites due to rising temperatures, including heatstroke, lower work efficiency, delays in delivering contracted work and higher costs for countermeasures.」
It divided climate change risks into transition and physical risks and specified their potential impacts on corporate value, order opportunities and costs, as well as flooding, heatstroke and construction delays. - FY2022-Q3Began supporting the TCFD recommendations and responding to information disclosure requirementsAnnual report
「To further enhance initiatives aimed at addressing social issues, including environmental and climate change issues, and to actively disclose information, the company expressed its support for the recommendations of the Task Force on Climate-related Financial Disclosures (TCFD) and joined the TCFD Consortium on 23 December 2021.」
As a means of addressing climate change risks and enhancing information disclosure, the company began expressing its support for the TCFD recommendations and joining the TCFD Consortium. - FY2021First statedAnnual report
「Environmental issues, including climate change, are recognized as social challenges that must be resolved worldwide. Stakeholder evaluation of companies' approaches, measures to combat global warming such as changes in energy and power-generation mixes as society transitions toward decarbonization, and regulatory requirements are all becoming more stringent. We will develop renewable-energy businesses by treating environmental issues as business opportunities for sustainable growth.」
Environmental and climate-change issues were first presented as a standalone risk that could affect results and creditworthiness, while both mitigation measures and business opportunities were identified.