Addressing Climate Change Risks and Opportunities
First written in FY2022. 2 of 4 entries say "Advanced", first in FY2023. Latest entry: FY2026.
Moresco moved to the "Worse" side of this theme in 2026, 2 years after the typical company in this theme (2024).
The whole theme swung hardest in 2021: 4 of 17 companies on the "Worse" side.
15 other companies' latest entry also says "Worsened".
- FY2026WorsenedAnnual report
「The purchase price of the company's base oil could rise by 50% in 2030 compared with the average of the most recent 5 years. If the CO2 emissions of the company's domestic Group remain unchanged in 2030 from their fiscal 2025 levels, the carbon tax burden in that year is expected to be ¥110 million, equivalent to 0.5% of fiscal 2025 sales.」
The company newly disclosed a quantitative analysis of the financial impact of climate change risks, including increases in base oil prices and the carbon tax burden. - FY2024AdvancedAnnual report
「The company aims to reduce Scope 1 and 2 emissions by 46% by fiscal 2030 from fiscal 2013 levels, and to achieve carbon neutrality, including Scope 3, by fiscal 2050.」
The company set out a target of reducing Scope 1 and 2 emissions by 46% from fiscal 2013 levels by fiscal 2030 and achieving carbon neutrality, including Scope 3, by fiscal 2050. - FY2023AdvancedAnnual report
「In November 2022, the company expressed its support for the TCFD Recommendations and has been actively disclosing information on its activities toward a decarbonized society.」
The company moved to concrete measures addressing climate change risks and opportunities by expressing support for the TCFD Recommendations and disclosing information on its decarbonization activities. - FY2022First statedAnnual report
「The Group regards climate change as a material management issue and recognizes that the risks and opportunities associated with climate change could have a significant impact on its business strategy. As climate change risks, the Group recognizes that rising costs and market changes as transition risks, and supply chain risks and other factors as physical risks, have high levels of importance and likelihood of occurrence.」
The company has for the first time addressed climate change separately as a material management issue and identified rising costs, market changes and supply chains as key transition and physical risks.