Risk of declining creditworthiness and competitiveness due to delays in addressing climate change and environmental issues
First written in FY2022. 6 of 10 entries say "Restated". Latest entry: FY2026.
9 other companies' latest entry also says "Mitigated".
- FY2026MitigatedAnnual report
「The ESG Committee measures energy-saving initiatives by each internal department and electricity data for each building every fiscal year, monitors trends in electricity consumption and CO2 emissions, and considers reduction measures and issues instructions to internal departments.」
To address the risk of declining credibility and competitiveness due to delays in environmental initiatives, the Company measures electricity data by building, monitors emissions, and considers and directs reduction measures. - FY2026-H1RestatedAnnual report
「During the current interim accounting period, there was no emergence of new business or other risks, nor any material change in the business or other risks described in the annual securities report for the previous fiscal year.」
The company states that there have been no material changes to the previously disclosed business and other risks, including risks arising from delays in climate change and environmental measures. - FY2024MitigatedAnnual report
「As an issue under the medium-term management plan, we have identified the strengthening of initiatives relating to internal environmental measures, namely the SAMCO Environmental Policy, and in August 2022 changed the structure from the Internal Climate Change Response Team to the ESG Committee, chaired by the Representative Director and President. Based on activity reports from the committee, the Board of Directors assesses the risks and opportunities related to climate change and the status of measures addressing them, and considers their impact on finances and the medium-term and long-term management plan, as well as further efforts to reduce the environmental burden.」
In response to climate change and environmental risks, the company changed its structure from the response team to the ESG Committee and operates a framework under which the Board of Directors considers the impact on finances and the medium-term and long-term plan. - FY2024-Q2RestatedAnnual report
「During the cumulative second-quarter period, there were no new business risks and no material changes in the business risks described in the annual securities report for the preceding fiscal year.」
The company states that there have been no material changes to the previously disclosed business and other risks, including risks arising from delays in climate change and environmental measures. - FY2024-Q1RestatedAnnual report
「During the six months ended [current first quarter], there was no emergence of new business or other risks, nor any material change in the business or other risks described in the annual securities report for the previous fiscal year.」
The company states that there have been no material changes to the previously disclosed business and other risks, including risks arising from delays in climate change and environmental measures. - FY2023MitigatedAnnual report
「The ESG Committee will measure energy-saving initiatives by each internal department and electricity data for each building every fiscal period, monitor trends in electricity consumption and CO2 emissions, and consider reduction measures and issue instructions to the relevant internal departments.」
In response to climate change and environmental risks, the ESG Committee stated that it would measure electricity data by building every fiscal period, monitor electricity consumption and CO2 emissions, and consider reduction measures. - FY2023-Q3RestatedAnnual report
「During the cumulative third-quarter period, there were no new business risks and no material changes in the business risks described in the annual securities report for the preceding fiscal year.」
The company states that there have been no material changes to the previously disclosed business and other risks, including risks arising from delays in climate change and environmental measures. - FY2023-Q2RestatedAnnual report
「During the cumulative second-quarter period, there were no new business risks and no material changes in the business risks described in the annual securities report for the preceding fiscal year.」
The company states that there have been no material changes to the previously disclosed business and other risks, including risks arising from delays in climate change and environmental measures. - FY2023-Q1RestatedAnnual report
「During the six months ended [current first quarter], there was no emergence of new business or other risks, nor any material change in the business or other risks described in the annual securities report for the previous fiscal year.」
The company states that there have been no material changes to the previously disclosed business and other risks, including risks arising from delays in climate change and environmental measures. - FY2022First statedAnnual report
「If we fail to respond appropriately to climate change policies in various countries, environmental laws and regulations, industry codes of conduct, technological innovation, and customer needs associated with the transition to a decarbonized society, our business performance may be adversely affected by a decline in social credibility and product competitiveness.」
The company identified delays in responding to climate change policies, environmental laws and regulations, industry codes of conduct, technological innovation, and customer needs as new risks affecting social credibility, product competitiveness and business performance.