Climate change scenario analysis and disclosure of financial impacts
First written in FY2024. 2 of 3 entries say "Advanced", first in FY2025. Latest entry: FY2026.
90 other companies' latest entry also says "Advanced".
- FY2026AdvancedAnnual report
「For the greenhouse-gas reduction simulation based on the transition to a decarbonized society, the Company newly prepared and disclosed a Scope 3 reduction simulation in addition to its previous coverage of its own operations, Scope 1–2. It also calculated and disclosed the average greenhouse-gas emissions, or carbon footprint, for each process across the entire product life cycle of apparel and miscellaneous goods, from raw material sourcing through recycling.」
In addition to climate scenario analysis and disclosure of financial impacts, the Company progressed to preparing and disclosing a Scope 3 reduction simulation and calculating and disclosing product carbon footprints. - FY2025AdvancedAnnual report
「Accordingly, the Company is analyzing risks and opportunities through 2050 for its core apparel and miscellaneous goods businesses, which account for approximately 90% of revenue, under separate 2°C and 4°C scenarios. For risks and opportunities assessed as particularly material, it is quantitatively estimating the impacts of climate change on its business and finances.」
The Company continued its 2°C and 4°C scenario analyses and estimated and disclosed financial impacts including annual carbon tax costs of approximately ¥300–400 million and flood-related impacts of ¥59 million and ¥108 million. - FY2024First statedAnnual report
「Accordingly, the Company is analyzing risks and opportunities through 2050 for its core apparel and miscellaneous goods businesses, which account for approximately 90% of revenue, under separate 2°C and 4°C scenarios. For risks and opportunities assessed as particularly material, it is quantitatively estimating the impacts of climate change on its business and finances.」
The Company analyzed the period through 2050 under 2°C and 4°C scenarios and quantitatively estimated annual carbon tax costs of approximately ¥300–400 million and flood-related impacts of ¥59 million and ¥108 million, among other items.