Systematic Analysis of Physical and Transition Risks Arising from Climate Change
First written in FY2023. 1 of 3 entries say "Advanced", first in FY2025. Latest entry: FY2026.
- FY2026RestatedAnnual report
「For the scenario analysis, we assumed two scenarios: a scenario in which temperature increases are limited to 2°C or less compared with the pre-industrial period through the stringent measures against global warming that the Group aims to pursue (the below-2°C scenario), and, for reference, a scenario in which temperatures rise by 4°C compared with the pre-industrial period (the 4°C scenario).」
The Company continues to analyze the risks and opportunities associated with climate change using the below-2°C and 4°C scenarios. - FY2025AdvancedAnnual report
「For the scenario analysis, we assumed two scenarios: a scenario in which temperature increases are limited to 2°C or less compared with the pre-industrial period through the stringent measures against global warming that the Company aims to pursue (the below-2°C scenario), and, for reference, a scenario in which temperatures rise by 4°C compared with the pre-industrial period (the 4°C scenario).」
For climate change risks, the Company conducted TCFD scenario analysis using the below-2°C and 4°C scenarios to assess the external environment and business impacts over the 2030 and 2050 time horizons. - FY2023First statedAnnual report
「<Physical risks> Risks associated with physical impacts such as disasters caused by climate change <Transition risks> Risks arising from the transition to a decarbonized society」
The Company systematically discloses physical risks, including extreme weather and flooding, and transition risks, including electrification, carbon pricing, customer evaluations and market changes, together with opportunities and response measures.