Production, Cost and Business Continuity Risks from Climate Change
First written in FY2020. 2 of 4 entries say "Advanced", first in FY2024. Latest entry: FY2026.
The whole theme swung hardest in 2021: 4 of 17 companies on the "Worse" side.
8 other companies' latest entry also says "Advanced".
- FY2026AdvancedAnnual report
「Our group has formulated the “Carbon Neutral Strategy 2030” and is promoting various initiatives to reduce CO2 emissions. Under our production strategy, we aim to reduce factory CO2 emissions by more than 60% by 2030 compared with fiscal 2013 through the substitution of greenhouse gases, improvements to existing production technologies, the development and introduction of innovative production technologies, and expanded use of renewable energy. We are also taking the lead in pursuing carbon neutrality at our head office and head office plant.」
In addition to the 2030 reduction target, the company has quantified climate risks such as carbon taxes, material costs, natural disasters and water shortages, and identified measures including energy conservation, renewable energy, more efficient logistics, business continuity planning and water reuse. - FY2024AdvancedAnnual report
「Our group has formulated the “Carbon Neutral Strategy 2030” and is promoting various initiatives to reduce CO2 emissions. Under our production strategy, we aim to reduce factory CO2 emissions by more than 60% by 2030 compared with fiscal 2013 through the substitution of greenhouse gases, improvements to existing production technologies, the development and introduction of innovative production technologies, and expanded use of renewable energy. We are also taking the lead in pursuing carbon neutrality at our head office and head office plant.」
In addition to the target of reducing factory CO2 emissions by more than 60% by 2030, the company has specified the means of achieving it, including substitution, improvements to existing technologies, innovative technologies and the use of renewable energy, as well as leading initiatives at its head office and head office plant. - FY2022MitigatedAnnual report
「With respect to environmental information disclosure, we disclose environmental information by responding to the CDP climate change questionnaire. In April 2021, we also announced our support for the recommendations of the TCFD (Task Force on Climate-Related Financial Disclosures). To identify the risks and opportunities that climate change poses to business activities, we have selected multiple climate change scenarios and conducted scenario analysis.」
For climate change risks, the company discloses information through CDP, supports the TCFD recommendations and conducts multiple-scenario analysis, while working to address transition and physical risks. - FY2020First statedAnnual report
「The risks posed by climate change exist across all corporate activities, from product development and design through procurement, production, logistics and sales. The impact on production from disasters caused by extreme weather and higher costs resulting from tighter regulations could impede business activities.」
Climate change has been organised for the first time as an independent risk covering all activities, including development and design, procurement, production, logistics and sales.