Risk of higher energy procurement costs due to climate change-related regulations
First written in FY2020. 1 of 3 entries say "Mitigated", first in FY2022. Latest entry: FY2023.
The whole theme swung hardest in 2020: 1 of 12 companies on the "Worse" side.
55 other companies' latest entry also says "Restated".
- FY2023RestatedAnnual report
「In addition, we regard the strengthening of climate change-related regulations in response to accelerating climate change as a risk that could increase energy procurement costs, and are working to achieve energy-efficient production processes, including by expanding highly efficient power generation facilities, while also using our own renewable energy efficiently.」
The company continues to address the risk of higher energy procurement costs from climate change-related regulations through highly efficient power generation facilities, energy-saving production processes and the use of its own renewable energy. - FY2022MitigatedAnnual report
「We are working to achieve energy-efficient production processes, including by expanding highly efficient power generation facilities, and to use our own renewable energy efficiently.」
In response to the risk of higher energy procurement costs from tighter climate change-related regulations, the company identified highly efficient power generation facilities, energy-saving production processes and the use of its own renewable energy as countermeasures. - FY2020First statedAnnual report
「We regard the strengthening of climate change-related regulations in response to accelerating climate change as a risk that could increase energy procurement costs, and are working to achieve energy-efficient production processes, including by expanding highly efficient power generation facilities.」
The risk of higher energy procurement costs from tighter climate change-related regulations was explicitly identified as a major risk for the first time.