Climate change risk and opportunity management based on TCFD scenarios
First written in FY2023. 1 of 2 entries say "Advanced", first in FY2026. Latest entry: FY2026.
The whole theme swung hardest in 2021: 1 of 12 companies on the "Worse" side.
- FY2026AdvancedAnnual report
「Response to risks under the 4°C scenario Because the potential impact of lost sales opportunities is substantial, we will work to maintain higher inventory levels and secure multiple suppliers for critical components, while also pursuing the development of an optimal global production system over the medium to long term.」
TCFD scenario analysis has been made more specific by evaluating the impact of factors including the shutdown of the Philippines plant due to natural disasters or infectious diseases, raw material and energy prices, and carbon taxes, together with their expected timing over the short, medium and long term. - FY2023First statedAnnual report
「Under the 4°C scenario, we recognized that stagnation in daily activities caused by increasingly severe natural disasters would have a major impact on the business, while under the 1.5°C scenario, the introduction of a carbon tax and higher procurement costs would have a major impact. Regarding opportunities, we recognized opportunities in product development to meet increased demand for low-carbon products and services.」
The company is analyzing risks, including natural disasters, infectious diseases, raw material prices, fuel and electricity costs, and carbon taxes, as well as opportunities from demand for low-carbon products, using 4°C and 1.5°C climate change scenarios.