2050 Carbon Neutrality and Response to Tightening Environmental Regulations
First written in FY2021. 1 of 3 entries say "Restated". Latest entry: FY2026.
Mitsubishi Steel Mfg. moved to the "Worse" side of this theme in 2026, the same year as the typical company in this theme.
8 other companies' latest entry also says "Worsened".
- FY2026WorsenedAnnual report
「Furthermore, if the Group is slow to respond to rising demand related to the environment, this could lead to a decline in market share and fewer order opportunities. In addition, the intensification of natural disasters resulting from more frequent extreme weather events could affect business activities through damage to factory facilities, work in progress and products, as well as disruptions to the supply chain.」
The description of climate change risks has been expanded beyond decarbonisation regulations and higher costs to include lost market opportunities resulting from delays in environmental initiatives and damage to facilities and the supply chain caused by extreme weather events. - FY2023RestatedAnnual report
「However, failure to achieve decarbonisation targets or inadequate environmental initiatives could affect the Group's performance through a decline in its reputation and other factors.」
The company is reconfirming the risk that failure to achieve decarbonisation targets or inadequate environmental initiatives could affect its reputation and performance, linking this risk to its carbon neutrality targets and TCFD disclosures. - FY2021First statedAnnual report
「In the international community, calls for 2050 carbon neutrality are rapidly gaining momentum, and the shift toward lower carbon emissions and decarbonisation, prompted by global warming, is expected to accelerate going forward.」
The company disclosed the potential for higher costs resulting from social demands for 2050 carbon neutrality and the introduction of carbon pricing and border carbon taxes as new risks related to climate change and decarbonisation.