Climate Change Scenario Analysis and Risk Management in Line with TCFD
First written in FY2022. 2 of 3 entries say "Advanced", first in FY2023. Latest entry: FY2026.
The whole theme swung hardest in 2021: 1 of 12 companies on the "Worse" side.
- FY2026AdvancedAnnual report
「The imposition of a carbon tax on GHG emissions would increase operating costs by ¥200 million under the 1.5°C scenario and ¥160 million under the 2°C scenario.」
The TCFD scenario analysis was expanded to quantify the financial impacts of carbon taxes, water shortages, flooding and raw material prices, as well as response measures, and the impact of carbon taxes under the 1.5°C and 2°C scenarios was quantified. - FY2023AdvancedAnnual report
「Analysis of the financial impact of material risks and opportunities identified a significant impact under the 4°C warming scenario from damage to production sites caused by flooding and other events. The company also confirmed that the financial impact of climate change risks could be mitigated through appropriate insurance arrangements for the relevant production sites.」
The TCFD scenario analysis was expanded to quantify financial impacts, estimating ¥6.68 billion in property damage and lost profit from flooding under the 4°C scenario, of which ¥6.67 billion could be covered by insurance. - FY2022First statedAnnual report
「The company selected 1.5–2°C and 4°C scenarios from climate change scenarios published by the IEA (International Energy Agency) and other organisations, and analysed the impact of climate change in 2050.」
The company analysed the impact on its business in 2050 using 1.5–2°C and 4°C scenarios, confirming that the 4°C scenario would have a significant impact from flooding and other events affecting production sites, and that the impact could be mitigated through appropriate insurance arrangements.