Tightening environmental regulations and the risk of hazardous substance contamination
First written in FY2020. 1 of 3 entries say "Restated". Latest entry: FY2024.
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- FY2024ReframedAnnual report
「In addition, we have begun considering the identification of nature-related risks and measures to address them based on the recommendations of the Taskforce on Nature-related Financial Disclosures (TNFD).」
In addition to managing environmental regulation and contamination risks, we have begun identifying nature-related risks and considering measures to address them based on the TNFD recommendations. - FY2022RestatedAnnual report
「If the introduction of a new carbon tax and regulations on greenhouse gas emissions are strengthened as measures to combat global warming, costs may increase. In addition, if unforeseen contamination by hazardous substances or related harm were to materialize, we could face exclusions from insurance coverage, costs exceeding the amount of compensation, or legal liability.」
The risks of higher costs from tighter carbon taxes and greenhouse gas regulations, and of costs and legal liability resulting from hazardous-substance contamination, have been reconfirmed. - FY2020First statedAnnual report
「If the introduction of a new carbon tax and regulations on greenhouse gas emissions are strengthened as measures to combat global warming, costs may increase. In addition, if unforeseen contamination by hazardous substances or related harm were to materialize, we could face exclusions from insurance coverage, costs exceeding the amount of compensation, or legal liability.」
The risk of higher costs from tighter carbon taxes and greenhouse gas emissions regulations, and the risk of costs and legal liability resulting from hazardous-substance contamination, have been listed independently for the first time.