Addressing climate change risks and opportunities through TCFD and scenario analysis
First written in FY2023. 2 of 3 entries say "Advanced", first in FY2025. Latest entry: FY2026.
19 other companies' latest entry also says "Advanced".
- FY2026AdvancedAnnual report
「Potential additional credit costs through 2050: ¥36.0–73.0 billion cumulatively; potential additional credit costs through 2050: up to ¥8.0–9.0 billion in a single fiscal year.」
The scope and methods of the climate change scenario analysis were continuously expanded and enhanced, and the estimates of additional credit costs were updated to ¥36.0–73.0 billion cumulatively and up to ¥8.0–9.0 billion in a single fiscal year. - FY2025AdvancedAnnual report
「The Company will continue expanding the scope of its scenario analyses and upgrading its analytical methods. Potential additional credit costs through 2050: approximately ¥43.0 billion cumulatively; potential additional credit costs through 2050: up to approximately ¥7.0–8.0 billion in a single fiscal year.」
For TCFD and scenario analysis, the Company disclosed analysis based on multiple scenarios and the continued expansion and enhancement of the scope and methods. Estimated additional credit costs were approximately ¥43.0 billion cumulatively for transition risk and up to approximately ¥7.0–8.0 billion in a single fiscal year for physical risk. - FY2023First statedAnnual report
「The Company regards addressing climate change as a key management issue. In April 2021, it expressed its support for the TCFD recommendations and has worked to enhance disclosures in line with those recommendations, while implementing various environmental initiatives based on climate-related risks and opportunities.」
Support for the TCFD recommendations, identification of transition and physical risks, and climate change initiatives through multiple scenario analyses were described in detail as separate measures. Additional credit costs through 2050 were estimated at approximately ¥22.0 billion cumulatively for transition risk and up to approximately ¥4.0 billion in a single fiscal year for physical risk.