Responding to Climate-Related Risks and Opportunities and Setting Decarbonization Metrics
First written in FY2024. 2 of 3 entries say "Advanced", first in FY2025. Latest entry: FY2026.
14 other companies' latest entry also says "Advanced".
- FY2026AdvancedAnnual report
「By fiscal 2030, the company will reduce CO2 emissions (Scope 1 and 2) by 55% from fiscal 2005 levels.」
The company newly set a quantitative target of reducing Scope 1 and 2 emissions by 55% from fiscal 2005 levels by fiscal 2030, which had previously been described as under consideration. - FY2025AdvancedAnnual report
「The company established two possible future worlds, a 1.5°C scenario and a 4°C scenario, and evaluated the climate-related risks and opportunities in each according to the time horizon (short term: through 2029, medium term: 2030–2050, long term: 2050 onward) and financial impact (small: an impact of less than ¥100 million on operating income, medium: an impact of ¥100 million or more but less than ¥500 million, large: an impact of ¥500 million or more on operating income).」
The company conducted 1.5°C and 4°C scenario analyses for climate change and evaluated risks and opportunities by time horizon—through 2029, 2030–2050, and 2050 onward—and their impact on operating income. It also presented response strategies including decarbonization facilities, low-carbon products, and sustainable procurement, while stating that Scope 1 and 2 reduction targets were under consideration. - FY2024First statedAnnual report
「The company recognizes the business risks and opportunities associated with climate change, incorporates them into its business strategy, and will address climate change in order to remain a company that is genuinely useful to local stakeholders. As its main climate change responses, the company is reducing energy consumption, switching to non-fossil energy, and reducing CO2 emissions. Specific metrics and targets will be considered and established going forward, centered on the Sustainability Committee.」
The company organized its transition and physical risks from climate change and disclosed, for the first time in a systematic manner, measures including switching to natural gas, environmentally considerate gas turbine generators, advanced wastewater treatment facilities, FSC certification, and Scope 1 and 2 reductions. It stated that specific reduction targets would be established in the future.