Scenario Analysis of Climate-Related Risks and Opportunities in Line with the TCFD Recommendations
First written in FY2022. 2 of 3 entries say "Advanced", first in FY2023. Latest entry: FY2025.
- FY2025AdvancedAnnual report
「The scenario analysis covered the entire supply chain, from the procurement of raw materials and components through product development, manufacturing and sales, in the Group’s Belt and Rubber Products Business, Hose and Tube Products Business, Air-Conditioning Products Business and Other Businesses. The company is considering the impacts as of 2030 under two scenarios: a 4°C scenario and a 1.5°C scenario.」
The scope of the TCFD scenario analysis was expanded from the two main businesses to four businesses, including the Air-Conditioning Products Business and Other Businesses, and risks and opportunities as of 2030 are being evaluated across the entire supply chain. - FY2023AdvancedAnnual report
「The scenario analysis covered the entire supply chain, from the procurement of raw materials and components through product development, manufacturing and sales, in the Group’s Belt and Rubber Products Business and Hose and Tube Products Business. The company is considering the impacts as of 2030 under two scenarios: a 4°C scenario and a 1.5°C scenario.」
Regarding TCFD, the company analyzed risks and opportunities as of 2030 under 4°C and 1.5°C scenarios across the entire supply chains of its two main businesses, and organized response measures and measures to strengthen resilience. - FY2022First statedAnnual report
「The scenario analysis covered the entire supply chain, from the procurement of raw materials and components through product development, manufacturing and sales, in the Group’s Belt and Rubber Products Business and Hose and Tube Products Business. The analysis considered the impacts as of 2030 under two scenarios: a 4°C scenario and a 1.5°C scenario.」
For climate change, the company analyzed risks and opportunities as of 2030 across the entire supply chains of its two main businesses under 4°C and 1.5°C scenarios. It also organized the impacts and responses related to carbon taxes, emissions trading, extreme weather, electric vehicles and energy-efficient products.