Endorsement of the TCFD Recommendations and Expansion of Climate-Related Disclosures
First written in FY2020. 4 of 5 entries say "Advanced", first in FY2023. Latest entry: FY2026.
The whole theme swung hardest in 2026: 2 of 12 companies on the "Worse" side.
10 other companies' latest entry also says "Advanced".
- FY2026AdvancedAnnual report
「For sites identified as high risk based on the impact assessment, the Company conducted a quantitative assessment of property, plant and equipment and began measures including reviewing relocation plans and BCPs and installing flood barriers based on the assumed flood depth.」
The TCFD response progressed beyond financial impact analysis to quantitative assessments of high-risk sites, reviews of relocation plans and BCPs based on flood depth, and installation of flood barriers. - FY2025AdvancedAnnual report
「The Company first assessed the level of impact on its domestic and Indian sites, as well as its domestic tier-one suppliers.」
The Company's TCFD response progressed from scenario analysis to assessing the financial impact of natural disaster risks at its domestic and Indian sites and among domestic tier-one suppliers. - FY2024AdvancedAnnual report
「From this fiscal year, the Company also began financial impact analysis based on its already disclosed scenario analysis related to climate change.」
The Company's TCFD response progressed from disclosing 4°C and 1.5°C/2°C scenarios to analysing the financial impacts of natural disasters and other risks. - FY2023AdvancedAnnual report
「Based on this understanding, the Company assumed two scenarios and evaluated differences in the impacts of risks and opportunities: a “4°C scenario,” in which the physical impacts of climate change become pronounced, and a “1.5°C/2°C scenario,” in which climate action accelerates toward achieving the Paris Agreement.」
Following its support for the TCFD Recommendations, the Company developed its climate-related disclosure into scenario analysis at 4°C and 1.5°C/2°C and an assessment of the impacts of risks and opportunities. - FY2020First statedAnnual report
「As one of these initiatives, in April 2020 the Company announced its support for the recommendations of the Task Force on Climate-related Financial Disclosures (TCFD). It will also work to expand its climate change-related disclosures.」
The Company announced its support for the TCFD Recommendations and newly indicated a policy of expanding climate change-related disclosure.