Business impact of carbon pricing and climate-related disasters
First written in FY2023. 1 of 3 entries say "Advanced", first in FY2026. Latest entry: FY2026.
18 other companies' latest entry also says "Advanced".
- FY2026AdvancedAnnual report
「The Board of Directors receives regular reports from the Carbon Neutrality Committee, chaired by a senior executive officer serving as managing director, on GHG emissions, the status of renewable energy adoption, and the committee's consideration of climate change risks and opportunities, and provides appropriate oversight.」
The company specified the division of roles among the Carbon Neutrality Committee, Risk Management Committee and Board of Directors, as well as the framework for analysing climate risks across short-, medium- and long-term horizons and under above-4°C and below-2°C scenarios. - FY2025Climate risk scenario analysis and management framework made more specificAnnual report
「Higher operating and component costs due to increases in carbon prices and other factors; higher costs of responding to customers' decarbonisation requirements due to changes in customer behaviour; lower sales due to failure to respond; and lower sales due to suspended production and component procurement caused by climate-related disasters」
The company is evaluating carbon pricing, customers' decarbonisation requirements and climate-related disasters across short-, medium- and long-term time horizons and by materiality, and is conducting analysis under 2 scenarios: above 4°C and below 2°C. - FY2023First statedAnnual report
「Higher procurement costs for electricity and raw materials following the introduction of carbon pricing; plant shutdowns caused by climate-related disasters; and lower sales resulting from supply chain disruption」
As part of its climate change scenario analysis, the company identified for the first time the main risks of higher procurement costs due to carbon pricing, plant shutdowns caused by climate-related disasters and lower sales resulting from supply chain disruption.