Climate Change Business Risks and Opportunities Based on Temperature-Rise Scenarios
First written in FY2023. 2 of 3 entries say "Advanced", first in FY2024. Latest entry: FY2025.
- FY2025AdvancedAnnual report
「In fiscal 2024, the scope of the assessment was expanded to include domestic and overseas consolidated companies.」
The scope of the scenario analysis for climate-change risks and opportunities was expanded to include overseas consolidated companies, advancing the assessment of business impacts to a global level. - FY2024AdvancedAnnual report
「The company conducted scenario analysis based on the TCFD recommendations and proceeded with an assessment of business impacts by considering the identified risks and opportunities against scenarios in which temperatures rise by 1.5°C and 4°C. In fiscal 2023, the scope of the assessment was expanded to include domestic consolidated companies.」
The scope of the scenario analysis assessment for the transition and physical risks and opportunities associated with climate change was expanded to include domestic consolidated companies. - FY2023First statedAnnual report
「The company conducted scenario analysis based on the TCFD recommendations and proceeded with an assessment of business impacts for the identified risks and opportunities by considering scenarios in which temperatures rise by 1.5°C and 4°C (non-consolidated domestic operations).」
For the first time, the company assessed transition and physical risks, including carbon pricing, petrochemical raw material prices and supply-chain disruptions caused by natural disasters, as well as opportunities such as products supporting recycling, renewable energy and energy efficiency, under the 1.5°C and 4°C scenarios.