Physical and Transition Risks of Climate Change
First written in FY2023. 3 of 4 entries say "Restated". Latest entry: FY2026.
The whole theme swung hardest in 2024: 6 of 35 companies on the "Worse" side.
6 other companies' latest entry also says "Restated".
- FY2026RestatedAnnual report
「Physical risks include a slowdown in economic activity caused by extreme weather such as typhoons and torrential rain, and an increase in credit-related expenses resulting from impairment of collateral values. In addition, various laws and regulations, including carbon taxes, may be imposed in Japan and Taiwan, where our banking group operates, as emissions of CO2 are reduced and society transitions to a decarbonized economy.」
The company continues to recognize physical risks from extreme weather and transition risks from carbon taxes, regulations and technological innovation. - FY2025RestatedAnnual report
「Physical risks include a slowdown in economic activity caused by extreme weather such as typhoons and torrential rain, and an increase in credit-related expenses resulting from impairment of collateral values. In addition, various laws and regulations, including carbon taxes, may be imposed in Japan and Taiwan, where our banking group operates, as emissions of CO2 are reduced and society transitions to a decarbonized economy.」
The company continues to recognize physical risks from extreme weather and transition risks from carbon taxes, regulations and technological innovation. - FY2024RestatedAnnual report
「Physical risks include a slowdown in economic activity caused by extreme weather such as typhoons and torrential rain, and an increase in credit-related expenses resulting from impairment of collateral values. In addition, various laws and regulations, including carbon taxes, may be imposed in Japan and Taiwan, where our banking group operates, as emissions of CO2 are reduced and society transitions to a decarbonized economy.」
The company continues to recognize physical risks from extreme weather and transition risks from carbon taxes, regulations and technological innovation. - FY2023First statedAnnual report
「Physical risks include a slowdown in economic activity caused by extreme weather such as typhoons and torrential rain, and an increase in credit-related expenses resulting from impairment of collateral values.」
The company recognizes regulations such as carbon taxes, technological innovation, extreme weather and impairment of collateral values as risks that may lead to financial impacts.