Scenario Analysis of Climate Change Risks and Opportunities
First written in FY2023. 2 of 3 entries say "Advanced", first in FY2024. Latest entry: FY2026.
90 other companies' latest entry also says "Advanced".
- FY2026AdvancedAnnual report
「To identify risks, the Company conducts scenario analysis based on 1.5°C and 4°C scenarios. The analysis covers Japan and uses 2030 as its time horizon.」
The Company updated its scenarios from 2°C and 4°C to 1.5°C and 4°C, and disclosed analysis using 2030 as the time horizon, including examples of financial impacts such as ¥1,840 million in carbon taxes and a ¥100 million decline in sales due to flooding. - FY2024AdvancedAnnual report
「The Company primarily identifies and assesses climate change and other risks from a medium- to long-term perspective through its Sustainability Committee. With regard to climate change risks that have already materialised, mainly physical risks such as typhoons and torrential rain, the Internal Control Promotion Committee, which comprises the Compliance and Risk Management Subcommittee, takes the lead in identifying and assessing risks.」
The Company established a specific framework under which the Sustainability Committee and the Internal Control Promotion Committee share responsibility for identifying and assessing medium- to long-term risks and risks that have already materialised. - FY2023First statedAnnual report
「Scenario analysis was conducted using 2°C and 4°C scenarios. Physical risks associated with climate change that have already materialised, mainly typhoons and torrential rain.」
In accordance with the TCFD recommendations, the Company disclosed for the first time a systematic analysis of transition and physical risks using 2°C and 4°C scenarios, stating that physical risks such as typhoons and torrential rain have already materialised.