Impact of Climate Change on Raw-Material Procurement, Forest Assets and the Supply Chain
First written in FY2021. 5 of 6 entries say "Mitigated", first in FY2022. Latest entry: FY2026.
The whole theme swung hardest in 2025: 3 of 10 companies on the "Worse" side.
0 other companies' latest entry also says "Mitigated".
- FY2026MitigatedAnnual report
「As a result of these initiatives, in fiscal 2025 the Company received ratings of A- in climate change, A in forests and A in water security from the international non-profit organisation CDP.」
The Company continued its initiatives relating to climate change, forests and water security and received the highest-level rating in all 3 areas from CDP. - FY2025MitigatedAnnual report
「The Company was commissioned by JOGMEC for the project “Design Work, etc. for Advanced CCS Projects” for fiscal 2024, calculated and evaluated construction and operating costs, and advanced consideration of CCS projects that would result in negative emissions.」
The Company advanced its response to climate change risks through JOGMEC-commissioned CCS design work, cost evaluation and consideration of negative-emissions projects. - FY2024MitigatedAnnual report
「The Group aims to achieve virtually zero CO2 emissions by 2050 through the use of biomass energy and the latest technologies under its Zero CO2 2050 initiative. The Group aims to reduce CO2 emissions in 2030 by 43% from fiscal 2005.」
The Company has translated its response to climate change risks into specific measures, including a virtually net-zero target for 2050, a 43% reduction target for 2030, and initiatives involving biomass, CCS and forest management. - FY2023MitigatedAnnual report
「The Company has disclosed initiatives based on the TCFD recommendations since last year and received an A- rating in the climate change report issued by CDP (Carbon Disclosure Project) for 2022.」
To address climate change risks, the Company is advancing TCFD disclosure, its virtually net-zero target for 2050 and the conversion to biomass fuels, and received an A- rating from CDP. - FY2022MitigatedAnnual report
「As part of its environmental management efforts, in November 2020 the Company formulated the Hokuetsu Group Zero CO2 2050 initiative, which aims to achieve virtually zero CO2 emissions by 2050, and is working to advance environmental management. In February 2021, the Company also expressed its support for the TCFD, established by the Financial Stability Board, and has been advancing climate-related disclosure and analysing the risks and opportunities posed by climate change based on 1.5°C–2°C and 4°C scenarios.」
To address climate change risks, the Company is advancing its virtually net-zero target for 2050, support for the TCFD and analysis based on multiple scenarios. - FY2021First statedAnnual report
「Global warming and extreme weather caused by climate change can lead to droughts, forest fires, torrential rainfall, severe typhoons and landslides. These events may affect the procurement of wood and other raw materials and impair the value of forests owned by the Group. Damage to the supply chain, as well as to the Group itself, could also affect a range of business activities.」
Climate change is identified as a factor that could affect procurement of wood and other raw materials, forest-asset values, the supply chain and business activities.