Impact of Climate Change on Business Operations
First written in FY2022. 2 of 3 entries say "Mitigated", first in FY2023. Latest entry: FY2025.
The whole theme swung hardest in 2020: 1 of 12 companies on the "Worse" side.
14 other companies' latest entry also says "Mitigated".
- FY2025MitigatedAnnual report
「We are pursuing initiatives toward a decarbonised society, including introducing EV buses and other electric vehicles and effectively switching electricity used in-house to renewable energy through the use of non-fossil certificates.」
The company continues to address climate change risk through the introduction of electric vehicles and the effective use of renewable energy through non-fossil certificates, in addition to its BCP. - FY2023MitigatedAnnual report
「In response to disasters, the Group has formulated a business continuity plan (BCP) and is reducing risk by establishing a framework for the prompt recovery and continuation of Group businesses through rapid communication and response systems during disasters. The Group is also pursuing initiatives toward a decarbonised society, including introducing EV buses and effectively switching electricity used in-house to renewable energy through the use of non-fossil certificates.」
As measures to address climate change risk, the company has given concrete form to a BCP, disaster response systems, EV buses and the effective use of renewable energy through non-fossil certificates. - FY2022First statedAnnual report
「The Group operates multiple businesses, including the bus business, and consumes a substantial amount of energy. Rising average temperatures may cause extreme weather events such as major typhoons, torrential rain and flooding, which could affect performance through damage to owned assets, the suspension of operating facilities and the inability to operate buses and other services. In addition, if further efforts to curb greenhouse gas emissions associated with climate change are required for environmental protection, substantial investment and expenses may be incurred to address them, which could affect performance.」
The company has for the first time explicitly identified climate change as a distinct major risk, citing asset damage, facility closures and the inability to operate services caused by extreme weather, as well as investment and expenses associated with measures to curb greenhouse gas emissions.