Transition to Decarbonization and the Physical Impacts of Climate Change
First written in FY2021. 3 of 4 entries say "Advanced", first in FY2024. Latest entry: FY2026.
30 other companies' latest entry also says "Advanced".
- FY2026AdvancedAnnual report
「We identify climate-related risks and opportunities surrounding our group, analyze their expected timing and impact on business activities, and select material themes. In analyzing impacts, we organize the effects on business activities for each theme and consider responses based on an approach aligned with the SBT certification obtained by our group in July 2025.」
The company's climate change risk management has advanced to an operating approach that organizes risks and opportunities, timing, impacts and responses based on an approach aligned with its SBT certification. - FY2025AdvancedAnnual report
「The TCFD Working Group identifies climate-related risks and opportunities surrounding our group, analyzes their expected timing and impact on business activities, and selects material themes.」
The company has disclosed cross-company scenario analysis and response measures for climate change risks based on the 1.5°C and 4°C scenarios, medium- and long-term time horizons and impact levels. - FY2024AdvancedAnnual report
「The TCFD Working Group identifies climate-related risks and opportunities surrounding our group, analyzes their expected timing and impact on business activities, and selects material themes.」
Regarding climate change risks, the TCFD Working Group has conducted scenario analysis, selected risks and opportunities based on the 1.5°C and 4°C scenarios, short-, medium- and long-term time horizons and impact levels, and organized response measures. - FY2021First statedAnnual report
「As transition risks in moving toward a decarbonized society, increased costs resulting from the introduction of carbon pricing, including carbon taxes and cap-and-trade schemes, may have a material impact on our group's financial position, operating results and other matters. As physical risks arising from changes caused by climate change, delays in the arrival of equipment and materials and higher costs due to typhoons and floods, heatstroke and interruptions to daytime construction caused by high temperatures, and labor shortages resulting from unforeseen impacts on transport infrastructure may also have a material impact on our group's financial position, operating results and other matters.」
The company has newly categorized transition risks, such as carbon pricing, and physical risks from typhoons, floods and high temperatures as major climate change risks.