Climate Change Scenario Analysis and Response to Physical and Transition Risks
First written in FY2024. 2 of 3 entries say "Restated". Latest entry: FY2026.
38 other companies' latest entry also says "Restated".
- FY2026RestatedAnnual report
「The company continues to conduct scenario analysis, referring to climate change scenarios developed by the IEA (International Energy Agency) and IPCC (Intergovernmental Panel on Climate Change), including the below-2°C and 4°C scenarios, to consider the long-term impacts through 2050, focusing primarily on the Group's building materials and processing businesses.」
Climate change scenario analysis through 2050 using the below-2°C and 4°C scenarios continues. - FY2025RestatedAnnual report
「The company conducted scenario analysis, referring to climate change scenarios developed by the IEA (International Energy Agency) and IPCC (Intergovernmental Panel on Climate Change), including the below-2°C and 4°C scenarios, to consider the long-term impacts through 2050, focusing primarily on the Group's building materials and processing businesses.」
Climate change scenario analysis using the below-2°C and 4°C scenarios to assess impacts through 2050, along with responses to procurement, logistics, and natural disasters, continues to be disclosed. - FY2024First statedAnnual report
「The Group identified climate change as one of its medium- to long-term risks and conducted scenario analysis, referring to climate change scenarios developed by the IEA (International Energy Agency) and IPCC (Intergovernmental Panel on Climate Change), including the below-2°C and 4°C scenarios, to examine its strategy and organizational resilience in light of related risks and opportunities. The analysis considered the long-term impacts through 2050, focusing primarily on the Group's building materials and processing businesses.」
Climate change was disclosed for the first time as a medium- to long-term risk, with scenario analysis through 2050 using the below-2°C and 4°C scenarios. Risks including carbon taxes, delivery costs, natural disasters, and supplier shutdowns, as well as opportunities including demand for decarbonized products and wooden buildings, were identified.