Scenario Analysis of Climate-Related Transition and Physical Risks
First written in FY2023. 3 of 4 entries say "Advanced", first in FY2024. Latest entry: FY2026.
The whole theme swung hardest in 2021: 1 of 12 companies on the "Worse" side.
93 other companies' latest entry also says "Advanced".
- FY2026AdvancedAnnual report
「The scenario analysis established 2 worlds: a world in which the rise in average global temperatures is limited to 1.5°C above pre-industrial levels in line with the objectives of the Paris Agreement (the “+1.5°C world”), and a business-as-usual world in which current trends continue (the “+4°C world”).」
The company continues to develop and refine its analysis of climate-related risks and opportunities for domestic operations using 1.5°C and 4°C scenarios, short-, medium- and long-term time horizons, and financial impacts as of 2030. - FY2025AdvancedAnnual report
「The scenario analysis established 2 worlds: a world in which the rise in average global temperatures is limited to 1.5°C above pre-industrial levels in line with the objectives of the Paris Agreement (the “+1.5°C world”), and a business-as-usual world in which current trends continue (the “+4°C world”).」
The company has further specified its climate-related risk analysis to cover 1.5°C and 4°C scenarios, domestic operations, short-, medium- and long-term time horizons, an assessment of financial impacts as of 2030, and a list of response measures. - FY2024AdvancedAnnual report
「The company’s analysis of future financial impacts covers the period through 2030.」
The climate-related risk analysis was further specified to cover 1.5°C and 4°C scenarios, domestic operations, short-, medium- and long-term time horizons, financial impacts in 2030, and criteria for the impact on profit and revenue. - FY2023First statedAnnual report
「The company faces risks including higher costs resulting from stronger policies and regulations accompanying the transition to a low-carbon economy, lost opportunities from falling behind in energy technologies, failure to respond to changes in demand toward a decarbonized society, and declining evaluations and trust due to insufficient disclosure. It also faces risks related to physical changes caused by climate change, including more frequent extreme weather events and rising average temperatures.」
The company analyzes climate-related risks using 2°C and 4°C scenarios, short-, medium- and long-term time horizons, and the financial impact as of 2030, covering policy, technology, market, reputational, natural disaster, and temperature-rise risks.