Assessing Climate-Related Risks and Opportunities Using TCFD and Decarbonization Efforts
First written in FY2022. 2 of 3 entries say "Advanced", first in FY2023. Latest entry: FY2026.
14 other companies' latest entry also says "Advanced".
- FY2026AdvancedAnnual report
「The Company-wide Environmental Meeting is held semiannually to assess actual results and progress against plans for environmental indicators, including CO2 emissions and energy consumption, identify issues, and consider improvement measures. The EMS Promotion Meeting is held quarterly to promote environmental initiatives and monitor their implementation.」
For TCFD and decarbonization initiatives, the company has established an operating framework under which environmental meetings are held semiannually and EMS Promotion Meetings quarterly to monitor environmental indicators and progress on initiatives. - FY2023AdvancedAnnual report
「We analyze climate change risks and opportunities based on two scenarios for society in 2030: a scenario in which the rise in temperature is limited to 1.5°C and society transitions to decarbonization, and a scenario in which the rise in temperature reaches 4°C.」
The company has translated its TCFD-based climate change response into specific measures, including a 2030 analysis under 1.5°C and 4°C scenarios, responses to risks and opportunities, and the operation of company-wide environmental meetings. It also states a target of reducing CO2 emissions by 30% from FY2019 levels by FY2030. - FY2022First statedAnnual report
「We have identified the development of environmentally friendly products as an important group management issue and are undertaking activities to reduce our environmental impact as we move toward a decarbonized society. Using the TCFD (Task Force on Climate-related Financial Disclosures) recommended disclosure framework, including "Metrics and Targets" and "Risks and Opportunities posed by Climate Change," we will set targets, identify and assess the risks and opportunities arising from activities to achieve those targets, and reflect our response measures in our business strategy.」
The company explicitly identifies reducing its environmental impact, setting targets based on the TCFD framework, identifying and assessing climate-related risks and opportunities, and reflecting them in its business strategy as new initiatives.