Transition and physical risks arising from decarbonization policies and extreme weather
First written in FY2021. 1 of 5 entries say "Mitigated", first in FY2026. Latest entry: FY2026.
5 other companies' latest entry also says "Mitigated".
- FY2026MitigatedAnnual report
「The Fujifilm Group directly and indirectly emitted 919,000 tonnes of CO2 in fiscal 2024. At a carbon tax rate equal to the internal carbon price of ¥13,000 per tonne of CO2 set in the second half of fiscal 2025, CO2 emissions during manufacturing in fiscal 2024 were 919,000 tonnes of CO2, resulting in a financial risk of approximately ¥11.9 billion (approximately 919,000 tonnes of CO2 × ¥13,000 per tonne of CO2).」
The estimated climate transition risk was updated from approximately ¥12.4 billion in the previous fiscal year to approximately ¥11.9 billion. Scope 1 and 2 emissions in fiscal 2024 were 18% lower than in fiscal 2019. - FY2025Updated financial impact of climate change risksAnnual report
「The Fujifilm Group directly and indirectly emitted 954,000 tonnes of CO2 in fiscal 2023. At a carbon tax rate equal to the internal carbon price of ¥13,000 per tonne of CO2 set in the second half of fiscal 2024, CO2 emissions during manufacturing in fiscal 2023 were 954,000 tonnes of CO2, resulting in a financial risk of approximately ¥12.4 billion (approximately 954,000 tonnes of CO2 × ¥13,000 per tonne of CO2).」
Using an internal carbon price of ¥13,000 and fiscal 2023 emissions of 954,000 tonnes, the estimated climate transition risk was updated to approximately ¥12.4 billion. - FY2024Updated financial impact of climate change risksAnnual report
「At a carbon tax rate equal to the internal carbon price of ¥13,000 per tonne of CO2 set in the second half of fiscal 2023, CO2 emissions during manufacturing in fiscal 2022 were 980,000 tonnes of CO2, resulting in a financial risk of approximately ¥12.7 billion (approximately 980,000 tonnes of CO2 × ¥13,000 per tonne of CO2).」
For climate transition risk, the internal carbon price was updated to ¥13,000, and financial risk based on fiscal 2022 emissions of 980,000 tonnes was quantified at approximately ¥12.7 billion. - FY2023Quantification of the financial impact of climate change risks and response measuresAnnual report
「At a carbon tax rate equal to the internal carbon price of ¥11,000 per tonne of CO2 set in the first half of fiscal 2022, the financial risk would be approximately ¥11.6 billion.」
For climate transition risk, the company estimates annual financial risk at approximately ¥11.6 billion, based on fiscal 2021 emissions of 1.053 million tonnes and an internal carbon price of ¥11,000. - FY2021First statedAnnual report
「In December 2018, the Group announced its support for the recommendations of the Task Force on Climate-related Financial Disclosures (TCFD) and has been advancing information disclosure in accordance with those recommendations. In April 2019, it joined RE100, an international initiative that aims for businesses to use 100% renewable energy.」
The company separately identifies transition risks from decarbonisation policies and tighter carbon regulations, and physical risks from supply suspensions, plant shutdowns and supply-chain disruptions caused by extreme weather. As measures, it cites a target of zero energy-related CO2 emissions by fiscal 2050, support for TCFD and membership in RE100.