Physical and Transition Risks from Climate Change
First written in FY2021. 2 of 5 entries say "Advanced", first in FY2025. Latest entry: FY2026.
23 other companies' latest entry also says "Advanced".
- FY2026AdvancedAnnual report
「At present, we track our greenhouse gas emissions corresponding to Scope 1 and Scope 2. However, because these emissions are limited, we have not set quantitative metrics or targets at this time.」
The company has progressed to tracking Scope 1 and Scope 2 emissions in its response to climate change. It explained that quantitative metrics and targets have not yet been set. - FY2025AdvancedAnnual report
「To achieve a low-carbon society and improve our environmental performance, we will undertake scenario analysis and verification in accordance with the TCFD Recommendations. We recognize the impacts and opportunities arising from the physical and transition risks of climate change and will work to enhance climate-related disclosures going forward.」
The company provided greater detail on its classification of physical risks, transition risks and opportunities under the TCFD framework. It also explained that Scope 1 and Scope 2 emissions have not been quantified at this time. - FY2024-Q2RestatedAnnual report
「During the cumulative second quarter under review, there were no significant changes in the matters described in this quarterly report regarding the business and accounting conditions that management recognizes could materially affect the financial position, operating results and cash flows of the consolidated companies, or in the “Business and Other Risks” described in the securities report for the previous fiscal year.」
No material changes were identified regarding the physical and transition risks arising from climate change. - FY2023ReframedAnnual report
「We will undertake scenario analysis and verification in accordance with the TCFD Recommendations. We recognize the impacts and opportunities arising from the physical and transition risks of climate change and will work to enhance climate-related disclosures going forward.」
For climate change risks, the framework was expanded from descriptions of natural-disaster and assessment risks to cover physical risks, transition risks and opportunities, together with TCFD scenario analysis and disclosure. - FY2021First statedAnnual report
「If our related facilities or other assets suffer physical damage from natural disasters or extreme weather associated with climate change, or if our response to climate change is deemed inadequate, this may affect the business, operating results and financial position of our group.」
The company described facility damage from natural disasters and extreme weather, as well as business and financial impacts resulting from its response to climate change being deemed inadequate, as new risks.