Impact of Climate Change and Biodiversity on Business and Brands
First written in FY2021. 2 of 5 entries say "Worsened", first in FY2022. Latest entry: FY2026.
Ly moved to the "Worse" side of this theme in 2022, 4 years before the typical company in this theme (2026).
The whole theme swung hardest in 2020: 1 of 12 companies on the "Worse" side.
14 other companies' latest entry also says "Mitigated".
- FY2026MitigatedAnnual report
「In fiscal 2025, the reporting period, we achieved an effective 100% transition to renewable energy and met the target of the “2025 Carbon Neutrality Declaration.”」
The company achieved its standalone fiscal 2025 target of effectively zero Scope 1 and 2 emissions through the transition to 100% renewable energy. - FY2024-Q1RestatedAnnual report
「During the first quarter of the current fiscal year, there were no occurrences of the major risks that management recognizes as potentially having a material impact on the Group's financial position, operating results or cash flows, among the matters concerning the business and accounting conditions described in the annual securities report for the previous fiscal year, and no material changes to the section titled "Business and Other Risks" in that report.」
The company has reconfirmed that there have been no material changes in the treatment of risks to the business and brand from climate change and biodiversity. - FY2023WorsenedAnnual report
「Because data centers account for more than 90% of the group’s total electricity consumption, we believe that improving data center efficiency and switching to renewable energy will help mitigate these risks.」
The company provided greater detail on climate change risks, including data centers accounting for more than 90% of group electricity consumption, data center and service outages caused by extreme weather, and the resulting relocation and renovation costs. - FY2022WorsenedAnnual report
「Because data centers account for approximately 90% of the group’s total electricity consumption, we believe that improving data center efficiency and switching to renewable energy will help mitigate these risks. We are committed to achieving net-zero greenhouse gas emissions from the business activities of all group companies by fiscal 2030, promoting the transition to a low-carbon society and reducing transition risks.」
The company specified the climate change risks, including data centers accounting for approximately 90% of electricity consumption, transition risks such as carbon taxes, and the physical risks of disasters. - FY2021First statedAnnual report
「At the same time, climate-related damage is expected to become more severe and frequent for the foreseeable future, potentially affecting business operations. Although the e-commerce business adheres to an operating policy based on legal compliance, the emergence of certain views regarding the impact on biodiversity conservation, including the sale and purchase of biological products, could damage the brand image or result in the loss of its social license to operate.」
The company has explicitly identified for the first time the risks to business operations and the brand from increasingly severe and frequent climate-related disasters and social assessments of the impact on biodiversity.