Climate Change Physical and Transition Risks and Reducing Environmental Impact
First written in FY2022. 2 of 4 entries say "Restated". Latest entry: FY2025.
27 other companies' latest entry also says "Restated".
- FY2025RestatedAnnual report
「The Group regards the growing global sense of urgency over climate change and society’s accelerating shift toward decarbonisation as new growth opportunities, while recognising the physical risks of climate change and the transition risks associated with moving to a decarbonised society, and is actively advancing initiatives to reduce its environmental impact.」
While regarding climate change as a growth opportunity, the Company continues to recognise physical and transition risks and work to reduce its environmental impact. - FY2023RestatedAnnual report
「The imposition of carbon taxes, tighter regulations and growing social requirements may result in higher costs, constraints on business activities and reputational damage due to inadequate responses, potentially having a material impact on operating results and financial position.」
The Company continues to disclose, as transition risks of climate change, the possibility of higher costs, business constraints and reputational damage resulting from carbon taxes, tighter regulations and growing social requirements. - FY2023-Q3AdvancedAnnual report
「The Company has begun greenhouse gas emissions reduction activities.」
The Company describes the specific initiative of starting greenhouse gas emissions reduction activities in addition to developing sales of decarbonisation-related products. - FY2022First statedAnnual report
「With ESG management in mind, the Group regards the growing global sense of urgency over climate change and society’s accelerating shift toward decarbonisation as new growth opportunities, while recognising the physical risks of climate change and the transition risks associated with moving to a decarbonised society, and is actively working to reduce its environmental impact, including CO2 emissions. However, severe storms and other events that have caused increasingly significant damage in recent years could delay production and shipments or delay orders by disrupting customers’ business activities in affected areas, potentially having a material impact on operating results and financial position.」
For climate change, the Company has disclosed for the first time, as a standalone item, the physical risks of production and shipment delays caused by severe storms and other events, and the transition risks of higher costs, business constraints and reputational damage resulting from carbon taxes, tighter regulations and growing social requirements.