Addressing Climate Change Risks and Opportunities Through TCFD Scenario Analysis
First written in FY2024. 2 of 3 entries say "Restated". Latest entry: FY2026.
The whole theme swung hardest in 2021: 1 of 12 companies on the "Worse" side.
- FY2026RestatedAnnual report
「The company assumed 2 scenarios, a scenario in which climate change measures are advanced (NZE, 1.4°C in 2100) and a scenario reflecting existing policies as they stand (STEPS, 2.5°C in 2100), and identified and addressed the following risks, including transition and physical risks, and opportunities.」
The company continues to conduct TCFD-style analysis using 2 scenarios, NZE and STEPS, with 2030 as the medium- to long-term time horizon. - FY2025RestatedAnnual report
「The company assumed 2 scenarios, a scenario in which climate change measures are advanced (NZE, 1.4°C in 2100) and a scenario reflecting existing policies as they stand (STEPS, 2.5°C in 2100), and identified and addressed the following risks, including transition and physical risks, and opportunities.」
The company continues to analyze risks and opportunities in line with TCFD using 2 scenarios, NZE and STEPS, with 2030 as the time horizon. - FY2024First statedAnnual report
「The company assumed 2 scenarios, a scenario in which climate change measures are advanced (NZE, 1.4°C in 2100) and a scenario reflecting existing policies as they stand (STEPS, 2.5°C in 2100), and identified and addressed the following risks, including transition and physical risks, and opportunities.」
Given the high proportion of sales from ICE-related products, the company set 2030 as the medium- to long-term analytical horizon and translated transition risks, physical risks and opportunities into financial impacts and responses. It also plans to advance disclosure in line with the TCFD recommendations.