Impact of Climate Change Policies and Decarbonization Regulations on Business Performance
First written in FY2021. 3 of 4 entries say "Mitigated", first in FY2022. Latest entry: FY2024.
The whole theme swung hardest in 2021: 4 of 19 companies on the "Worse" side.
6 other companies' latest entry also says "Mitigated".
- FY2024MitigatedAnnual report
「In light of domestic and international policies and laws concerning climate change, our Group is pursuing initiatives including converting boiler fuel to LNG, which produces lower greenhouse gas emissions than heavy fuel oil, installing solar power generation equipment on the roofs of our head office and Aki plants, and using electricity generated from renewable energy at NKKソリューションズ株式会社.」
We continued and made more specific our climate change initiatives, including the conversion to LNG, solar power generation equipment and the use of electricity generated from renewable energy at NKKソリューションズ株式会社. - FY2023MitigatedAnnual report
「In light of domestic and international policies and laws concerning climate change, our Group is pursuing initiatives including converting boiler fuel to LNG, which produces lower greenhouse gas emissions than heavy fuel oil, installing solar power generation equipment on the roofs of our head office and Aki plants, and using electricity generated from renewable energy at the Nankoku Plant.」
In addition to converting boiler fuel to LNG, we indicated the installation of solar power generation equipment at the head office and Aki plants and the use of electricity generated from renewable energy at the Nankoku Plant, expanding the scope of our response. - FY2022MitigatedAnnual report
「In light of domestic and international policies and laws concerning climate change, our Group is pursuing initiatives including converting boiler fuel to LNG, which produces lower greenhouse gas emissions than heavy fuel oil, installing solar power generation equipment on the roof of our head office plant, and using electricity generated from renewable energy at the Nankoku Plant. However, if the Japanese government strengthens regulations in response to the global drive to realize a decarbonized society, or if new tax burdens related to greenhouse gas emissions arise, this may affect the performance of our Group.」
In addition to converting to LNG, we are installing solar power generation equipment on the roof of our head office plant and using electricity generated from renewable energy at the Nankoku Plant, thereby specifying our response to climate change risks. - FY2021First statedAnnual report
「In light of domestic and international policies and laws concerning climate change, our Group is pursuing initiatives including converting boiler fuel to LNG, which produces lower greenhouse gas emissions than heavy fuel oil. However, if the Japanese government strengthens regulations in response to the global drive to realize a decarbonized society, or if new tax burdens related to greenhouse gas emissions arise, this may affect the performance of our Group.」
We separately identified for the first time climate change policies, tighter regulations accompanying decarbonization and new tax burdens on greenhouse gas emissions as risks affecting performance.