Climate Change Scenario Analysis and Disclosure Based on the TCFD Recommendations
First written in FY2023. 3 of 4 entries say "Advanced", first in FY2024. Latest entry: FY2026.
- FY2026AdvancedAnnual report
「The scenario analysis assumes 1.5°C and 4°C scenarios as of 2030, with reference to the IPCC's Sixth Assessment Report and the IEA's World Energy Outlook, and examines the business environment and response measures under each scenario as of 2030. The scope of the scenario analysis covers the entire value chain, including direct operations, upstream and downstream activities.」
The company's TCFD response has become more concrete through 1.5°C and 4°C scenario analysis covering the entire value chain, in addition to annual analysis. - FY2025AdvancedAnnual report
「The scenario analysis assumes 1.5°C and 4°C scenarios as of 2030, with reference to the IPCC's Sixth Assessment Report and the IEA's WEO. The analysis is conducted annually in light of changes in internal and external environmental conditions and information, and the results for fiscal 2024 are as follows.」
The company's TCFD response has become more concrete, encompassing not only annual scenario analysis but also assessment of response measures including GHG reductions, the product lineup, consolidation of ZENIT, supply chain enhancement and productivity improvements. - FY2024AdvancedAnnual report
「The scenarios assume 1.5°C and 4°C pathways with reference to the IPCC's Sixth Assessment Report and the IEA's WEO, and we examined the business environment and response measures under each scenario as of 2030. This analysis is conducted annually, and the disclosures reflect the results of the analysis in light of changes in internal and external environmental conditions and information.」
The company's TCFD response has progressed from stating its policy to conducting annual analyses of the business environment and response measures as of 2030 using 1.5°C and 4°C scenarios. - FY2023First statedAnnual report
「Based on the TCFD recommendations, we analyze the risks and opportunities that climate change presents to our business and will continue to disclose information on its financial impact.」
Based on the TCFD recommendations, the company has begun analyzing climate-related risks and opportunities and examining their financial impact as of fiscal 2030 using 1.5°C and 4°C scenarios.