Impact of Climate Change on Manufacturing Costs and Operations
First written in FY2023. 1 of 2 entries say "Restated". Latest entry: FY2024.
The whole theme swung hardest in 2020: 1 of 12 companies on the "Worse" side.
55 other companies' latest entry also says "Restated".
- FY2024RestatedAnnual report
「Increased manufacturing costs due to the introduction of a carbon tax and higher prices for raw materials and electricity used in products, as well as damage to factory facilities caused by natural disasters and impacts on production activities themselves due to harm to employees」
The impacts of carbon taxes, raw material and electricity prices, and natural disasters on factories and production activities were reaffirmed as climate change risks, while products that reduce environmental impact and the spread of renewable energy were also identified as opportunities. - FY2023First statedAnnual report
「Potential impacts include increased manufacturing costs due to the introduction of a carbon tax and higher prices for raw materials and electricity used in products, as well as damage to factory facilities caused by natural disasters and impacts on production activities themselves due to harm to employees, or costs incurred to address these issues.」
In the TCFD disclosures, carbon taxes, higher raw material and electricity prices, factory damage caused by natural disasters, and impacts on production activities were described separately for the first time as climate change risks.