Identification and Management of Climate Change-Related Risks and Opportunities
First written in FY2023. 1 of 3 entries say "Advanced", first in FY2026. Latest entry: FY2026.
1 other company's latest entry also says "Advanced".
- FY2026AdvancedAnnual report
「In fiscal 2025, the company proceeded with the calculation of Scope 3 emissions and disclosed the results in the TOYOGOSEI Report.」
Management has been made more specific in relation to climate change, including the calculation and disclosure of Scope 3 emissions, systematizing product carbon footprint calculations and providing the system for some products, and reporting to the Board of Directors twice a year. - FY2024Further specifying climate risk management and opportunity analysisAnnual report
「We identify climate-related risks and opportunities to understand and assess their impact on business operations. We strive to reflect the identified risks and opportunities in strategy formulation and business operations. Responses are discussed at meetings such as the Risk Management Committee, and progress is regularly reported to the Board of Directors.」
The company has established specific management and response mechanisms for climate-related risks and opportunities, including discussions by the Risk Management Committee, regular reporting to the Board of Directors, monitoring energy intensity costs, and considering relevant facilities and equipment. - FY2023First statedAnnual report
「The following are the "risks and opportunities" for our business related to climate change: increased business costs due to the introduction of new environmental regulations, including carbon taxes; difficulties in procuring raw materials and increases in raw material and energy costs resulting from supply chain changes; and impacts on business operations and damage to our facilities and other assets caused by large-scale natural disasters attributable to climate change.」
For climate change, identifies regulation, legal liability, reputation, raw material and energy costs, and natural disasters as risks, while organizing renewable energy and solvent recycling as opportunities.