Company-wide management of climate-related risks and opportunities
First written in FY2023. 1 of 2 entries say "Advanced", first in FY2024. Latest entry: FY2024.
The whole theme swung hardest in 2022: 2 of 10 companies on the "Worse" side.
72 other companies' latest entry also says "Advanced".
- FY2024AdvancedAnnual report
「The Management Committee takes the lead, working with management and each department to identify and analyse risks affecting business operations, including climate-related risks, assess their materiality based on factors such as impact and likelihood, and formulate response policies. The results are reported regularly to the Board of Directors, which manages and oversees them, and the company is addressing the material risks identified by incorporating them into its medium- to long-term strategy.」
The company specified the management process for business risks, including climate-related risks: identification and analysis, materiality assessment based on impact and likelihood, and reporting to the Board of Directors. - FY2023First statedAnnual report
「To promote company-wide initiatives for an appropriate response to climate change, a task force has been established within the Management Committee under the supervision and direction of the Representative Director and President. In cooperation with each department, it identifies climate-related risks and opportunities that could affect business activities and formulates policies for addressing them.」
The company described for the first time a company-wide management structure that treats climate change as a material issue, involving the task force within the Management Committee, coordination with each department and regular reporting to the Board of Directors.