Risks Associated with Tighter Environmental Regulations and Responses to Environmental Impacts
First written in FY2020. 1 of 4 entries say "Dropped", first in FY2021. Latest entry: FY2024.
25 other companies' latest entry also says "Restated".
- FY2024RestatedAnnual report
「This milestone was recognised by the SBT initiative (Note 7) in January 2023 as a science-based target for limiting the increase in global average temperature to less than 1.5°C above pre-industrial levels.」
With regard to the response to climate change, the company disclosed that its existing emissions-reduction targets had been recognised by the SBT initiative and continues scenario analysis and monitoring based on the TCFD recommendations. - FY2023ReframedAnnual report
「If these risks are not addressed appropriately, they may affect corporate value.」
The previous disclosures on environmental regulations and extreme weather were reorganised as sustainability issues, including climate-related transition risks and human rights risks. - FY2021DroppedAnnual report
「The major risks that may affect the operating results and financial condition of our group are as follows.」
In the FY2021 list of major business and other risks, the risks of extreme weather and tighter environmental regulations, which were listed as separate items in FY2020, are no longer listed as separate items. - FY2020First statedAnnual report
「In the future, damage caused by extreme weather and increased costs resulting from tighter environmental laws and regulations may adversely affect the operating results and financial condition of our group.」
Damage caused by extreme weather and increased costs resulting from tighter environmental laws and regulations were identified for the first time as major business and other risks.