Risks Related to Climate Change and Carbon Regulation
First written in FY2021. 1 of 3 entries say "Worsened", first in FY2026. Latest entry: FY2026.
Open Up Group moved to the "Worse" side of this theme in 2026, 2 years after the typical company in this theme (2024).
The whole theme swung hardest in 2021: 4 of 17 companies on the "Worse" side.
15 other companies' latest entry also says "Worsened".
- FY2026WorsenedAnnual report
「Meanwhile, transition risks such as tighter climate-change laws and regulations, the introduction of carbon-pricing systems and changes by customer companies to their criteria for selecting business partners, as well as physical risks such as increasingly severe natural disasters, could affect the business activities of the Group or its customer companies.」
The scope of climate-change risks was expanded beyond existing risks related to carbon taxes and customer demands to include carbon-pricing systems, changes in business-partner selection criteria and physical risks from increasingly severe natural disasters. - FY2022Climate-change risk management procedures made more concreteAnnual report
「The Company also conducts an annual risk assessment relating to climate change and, if a material risk is identified, reports it to the Board of Directors and the Management Committee and considers appropriate responses.」
For potential risks such as carbon taxes and customer demands for carbon neutrality, the Company explicitly described annual risk assessments and reporting and response deliberations by the Board of Directors and Management Committee. - FY2021First statedAnnual report
「The Group has characteristics that make its direct use of and emissions into natural capital extremely limited, and believes that no business risks from climate change have materialized. However, if a carbon tax is introduced as a national policy to strengthen measures against global warming, or if customer companies require carbon-neutral initiatives as part of their criteria for selecting human-resource service providers, this could affect the Group's operating results and financial position.」
While stating that no climate-change-related risks had materialized at present, the Company explicitly identified carbon taxes and customer demands for carbon neutrality as future risks to operating results and financial position for the first time.