Scenario Analysis of Climate Change Risks and Opportunities
First written in FY2023. 1 of 3 entries say "Reframed", first in FY2024. Latest entry: FY2025.
36 other companies' latest entry also says "Restated".
- FY2025RestatedAnnual report
「Based on scientific evidence, including that of the International Energy Agency (IEA), we identify and analyze conditions under a scenario in which the temperature rise remains below 1.5°C, assess transition and physical risks related to climate change from short-, medium- and long-term perspectives, and evaluate their impact on the business.」
The company continues to analyze short-, medium- and long-term climate-related risks and opportunities using a scenario in which the temperature rise remains below 1.5°C. - FY2024ReframedAnnual report
「<Risks> Transition risk Market No. 2 ・Spread of electric mobility ・Declining demand for gasoline-powered vehicles due to the spread of electric mobility ・Response to new maintenance technologies related to electric mobility Medium to long term High」
The company has made its disclosure more specific, moving from an abstract analysis based on a scenario in which the temperature rise remains below 1.5°C to an analysis of individual risks, including carbon taxes, electric mobility, flooding and rising sea levels, together with their timing and financial impacts. - FY2023First statedAnnual report
「Based on scientific evidence, including that of the International Energy Agency (IEA), we identify and analyze conditions under a scenario in which the temperature rise remains below 1.5°C, assess transition and physical risks related to climate change from short-, medium- and long-term perspectives, and evaluate their impact on the business.」
Using a scenario in which the temperature rise remains below 1.5°C, the company analyzes short-, medium- and long-term climate-related risks and opportunities. It categorizes carbon taxes, the spread of electric mobility, flooding and rising sea levels as risks, and electric mobility and the increasing scarcity of gasoline-powered vehicles as opportunities.