Impact of climate change on energy costs and operating efficiency
First written in FY2023. 3 of 4 entries say "Mitigated", first in FY2024. Latest entry: FY2026.
The whole theme swung hardest in 2021: 3 of 20 companies on the "Worse" side.
7 other companies' latest entry also says "Mitigated".
- FY2026MitigatedAnnual report
「Risk description Impact on the business from an increase in large-scale disasters such as earthquakes, typhoons and torrential rain, including deterioration of the supply system and material procurement Expected measures ・Formulate and appropriately operate a business continuity plan (BCP) ・Diversify raw material suppliers and distribute manufacturing plants geographically to ensure a stable supply of safe and reliable products」
Has specified climate change risks by scenario, expanding their scope from regulations, energy costs and lower operating efficiency to large-scale disasters, raw material and logistics costs, and rising temperatures, and has identified measures including BCPs and geographically distributed plants. - FY2025MitigatedAnnual report
「Higher costs resulting from tighter environmental regulations, including the introduction of carbon taxes ・Reduce CO2 emissions by introducing renewable energy through the installation of solar panels ・Develop products designed to reduce environmental impact」
Continues to recognize the risks of tighter climate change-related regulations and higher costs, and identifies solar panels, renewable energy and products designed to reduce environmental impact as measures. - FY2024MitigatedAnnual report
「Higher costs resulting from tighter environmental regulations, including the introduction of carbon taxes ・Reduce CO2 emissions by introducing renewable energy through the installation of solar panels ・Develop products designed to reduce environmental impact」
Continues to recognize risks from climate change-related regulations, energy costs and lower operating efficiency, and has specified measures including solar power generation, renewable energy, energy conservation and products designed to reduce environmental impact. - FY2023First statedAnnual report
「The Group recognizes reducing CO2 emissions as one of its most important sustainability issues. However, if it fails to adequately address this issue, its operating results and financial position may be affected by higher energy costs resulting from the introduction of policies and tighter regulations to curb greenhouse gas emissions, including carbon taxes, and by lower operating efficiency resulting from rising temperatures.」
For the first time, separately identified as business and other risks the carbon taxes and tighter regulations, higher energy costs and lower operating efficiency associated with inadequate climate change responses.