Delays in Responding to Climate Change and Environmental Requirements

「Under the 1.5°C scenario, in light of demand for decarbonized products, we are advancing value creation through environmentally beneficial products that contribute to customers and society, including energy-efficient hardware products and an expanded range of decarbonized solutions. Under the 4°C scenario, in light of increased physical risks from storms, floods and other events, we are working to strengthen BCM/BCP across the supply chain.」

「If temperatures rise by 3–4°C, physical risks associated with extreme disasters caused by climate change will increase, potentially having a significant impact on the supply chain, including the OKI Group’s own sites.」

「As environmental issues become increasingly serious, investors, customers and others are rapidly raising their demands beyond the environmental considerations requested to date, including the introduction of renewable energy and disclosure of information on responses to climate change. If these demands cannot be met, or if OKI cannot apply its strengths in IoT, AI and control technologies to business opportunities arising from climate change, risks including lost sales opportunities may arise.」