Business Constraints and Loss of Trust Due to Inadequate Responses to Global Environmental Issues
First written in FY2020. 3 of 10 entries say "Restated". Latest entry: FY2026.
9 other companies' latest entry also says "Mitigated".
- FY2026MitigatedAnnual report
「Across the Kikkoman Group, greenhouse gas emissions were reduced by 40.0% from fiscal 2018 levels in fiscal 2025, achieving the target. The Group-wide renewable electricity usage rate increased to 79.0% as of the end of March 2026.」
In response to the risk of business constraints and loss of trust due to inadequate environmental initiatives, greenhouse gas emissions were reduced by 40.0% from fiscal 2018 levels and the renewable electricity usage rate was increased to 79.0%. - FY2025MitigatedAnnual report
「Greenhouse gas emissions were reduced by 37.3% from fiscal 2018 levels in fiscal 2024, achieving the target. The number of sites using 100% renewable electricity was 21. The Group-wide renewable electricity usage rate also increased to 73% as of the end of March 2025.」
In response to the risk of inadequate environmental initiatives, greenhouse gas emissions were reduced by 37.3% from fiscal 2018 levels, the number of sites using 100% renewable electricity reached 21, and the renewable electricity usage rate increased to 73%. - FY2025-H1RestatedAnnual report
「During the interim consolidated accounting period, no new business or other risks arose. There were also no significant changes to the business or other risks described in the annual securities report for the previous fiscal year.」
No material changes were reported in the risk of business constraints and loss of trust due to inadequate responses to global environmental issues. - FY2024MitigatedAnnual report
「The Group’s greenhouse gas reduction targets are as follows.・Scope 1 + 2: Reduce greenhouse gas emissions by at least 50.4% from fiscal 2018 levels by fiscal 2030・Scope 3: Reduce greenhouse gas emissions by at least 30% from fiscal 2018 levels by fiscal 2030」
In response to the risk of business constraints and loss of trust due to inadequate environmental initiatives, the Group established 2030 reduction targets by Scope and obtained SBTi certification in February 2024. - FY2024-Q2RestatedAnnual report
「During the six-month period ended the second quarter, there were no newly arising business or other risks. In addition, there were no material changes to the business and other risks described in the securities report for the previous fiscal year.」
No material changes were reported in the risk of business constraints and loss of trust due to inadequate responses to global environmental issues. - FY2024-Q1RestatedAnnual report
「During the first quarter, no new business or other risks arose. There were also no significant changes to the business or other risks described in the annual securities report for the previous fiscal year.」
No material changes were reported in the risk of business constraints and loss of trust due to inadequate responses to global environmental issues. - FY2023AdvancedAnnual report
「With regard to the “global environment,” the Group is addressing environmental issues based on its long-term environmental vision. It will reduce CO₂ emissions and water-use intensity, and reduce plastic use by expanding environmentally friendly packaging. The Group has also announced its support for the Task Force on Climate-related Financial Disclosures (TCFD).」
Specific measures were presented in response to the risk of inadequate environmental initiatives, including reductions in CO₂ emissions, water-use intensity and plastic use, and disclosures based on the TCFD recommendations. - FY2022Specific environmental initiatives and TCFD disclosuresAnnual report
「With regard to the “global environment,” the Group is addressing environmental issues based on its long-term environmental vision. It will reduce CO₂ emissions and water-use intensity, and reduce plastic use by expanding environmentally friendly packaging. The Group has also announced its support for the Task Force on Climate-related Financial Disclosures (TCFD).」
Specific measures were presented for environmental initiatives, including reductions in CO₂ emissions, water-use intensity and plastic use, as well as disclosures based on the TCFD recommendations. - FY2021ReframedAnnual report
「The Group is addressing environmental issues based on its long-term environmental vision. However, as international interest in the environment increases, if the Group’s response to these issues is inadequate, its business performance and financial condition may be affected by restrictions on production volumes, the imposition of surcharges and other measures, or loss of consumer trust.」
The risk associated with inadequate environmental responses was maintained, while the wording was revised from responses based on the “medium-term environmental policy” to responses based on the “long-term environmental vision.” - FY2020First statedAnnual report
「The Group is addressing environmental issues based on its medium-term environmental policy. However, as international interest in the environment increases, if the Group’s response to these issues is inadequate, its business performance and financial condition may be affected by restrictions on production volumes, the imposition of surcharges and other measures, or loss of consumer trust.」
For the first time, inadequate responses to environmental issues were expressly identified as a risk that could affect business performance and financial condition through production restrictions, surcharges and loss of consumer trust.