TCFD response, climate change scenario analysis and the Sustainability Committee
First written in FY2023. 2 of 3 entries say "Advanced", first in FY2024. Latest entry: FY2026.
The whole theme swung hardest in 2021: 1 of 12 companies on the "Worse" side.
- FY2026AdvancedAnnual report
「We are conducting scenario analysis to examine the impact of future climate change on our business. For this analysis, we assume multiple climate change scenarios, including the “1.5°C–2°C scenario” and the “4°C scenario,” and analyze changes in the medium to long-term social and operating environments resulting from climate change from both risk and opportunity perspectives.」
Has developed its TCFD response into specific measures, including risk and opportunity analysis under 1.5–2°C and 4°C scenarios, business continuity planning, supplier diversification and the introduction of renewable energy. - FY2024AdvancedAnnual report
「The Company regards climate change as one of the material issues related to sustainability and has established a governance structure centred on oversight by the Board of Directors and the Sustainability Committee.」
Discloses specific details on board oversight, a Sustainability Committee chaired by the president, and 1.5–2°C and 4°C scenario analyses and measures. - FY2023First statedAnnual report
「The Company is addressing the recommendations of the TCFD (Task Force on Climate-related Financial Disclosures) through various initiatives addressing climate change and highly transparent disclosures, and will continue its response to the TCFD, including analysing the impact on its business and addressing opportunities and risks arising from climate change. In addition, the Company has established a Sustainability Committee chaired by the Representative Director and President to further strengthen and advance its sustainability initiatives.」
The Company disclosed for the first time, in a systematic manner, its TCFD response, oversight by the Board of Directors, a Sustainability Committee chaired by the Representative Director and President, and analyses based on 1.5–2°C and 4°C scenarios.