Analysis and disclosure of climate-related risks and opportunities under the TCFD recommendations
First written in FY2022. 1 of 2 entries say "Advanced", first in FY2023. Latest entry: FY2023.
- FY2023AdvancedAnnual report
「We identify risks and opportunities arising from climate change and assess and consider our resilience to climate change. For the analysis, we established two scenarios published by the IPCC and IEA, the “4°C scenario” and the “1.5°C scenario,” and conducted a qualitative analysis assuming the impact on our Company in 2030 under each scenario.」
Disclosure became more specific, progressing from expressing support for the TCFD Recommendations to analyzing the impact in 2030 based on the 4°C and 1.5°C scenarios, listing risks and opportunities, and outlining responses. - FY2022First statedAnnual report
「In August 2022, we expressed our support for the recommendations of the Task Force on Climate-related Financial Disclosures (TCFD) and have been actively advancing disclosure in the 4 areas set out in the TCFD Recommendations: “Governance,” “Strategy,” “Risk Management,” and “Metrics and Targets.” For the analysis, we established two scenarios published by the IPCC and IEA, the “4°C scenario” and the “1.5°C scenario,” and conducted a qualitative analysis assuming the impact on our Company in 2030 under each scenario.」
Support for the TCFD Recommendations, analysis of the impact in 2030 under the 4°C and 1.5°C scenarios, and disclosure of governance, strategy, risk management, and metrics and targets were described for the first time as a standalone theme.