Management of Physical and Transition Risks and Opportunities Associated with Climate Change
First written in FY2023. 2 of 3 entries say "Advanced", first in FY2024. Latest entry: FY2025.
The whole theme swung hardest in 2020: 1 of 12 companies on the "Worse" side.
30 other companies' latest entry also says "Advanced".
- FY2025AdvancedAnnual report
「The Company regards environmental and social issues, including climate change, as important management matters. Relevant departments discuss key initiatives and report to management. As a key initiative, the Company has begun efforts to reduce energy (electricity) consumption.」
The Company states that it has begun efforts to reduce energy (electricity) consumption as part of its response to climate change. - FY2024AdvancedAnnual report
「For key initiatives, the relevant departments will hold discussions and report to management as needed and at least once a year.」
The Company has specified a management process for climate-related risks involving discussions by the relevant departments, reports to management as needed and at least once a year, and the identification and assessment of risks and opportunities and consideration of response measures. - FY2023First statedAnnual report
「The Company seeks to create a virtuous cycle in the regional economy that takes environmental and social issues into account, contribute to the sustainable development of local communities and all stakeholders, and has positioned responding to climate-related risks as a key management issue. It has conducted a qualitative analysis of the risks associated with climate change, namely physical and transition risks, and the related opportunities, as follows.」
The Company has positioned climate change as a key management issue and, for the first time, systematically discloses physical risks such as business interruptions and damage to assets from natural disasters; transition risks such as reputational damage, lost business opportunities, recruitment difficulties and higher funding costs; and opportunities to enhance corporate value through environmentally focused management.