Energy and Mitigation Costs Associated with Climate Change Response
First written in FY2022. 4 of 5 entries say "Mitigated", first in FY2023. Latest entry: FY2026.
The whole theme swung hardest in 2021: 4 of 17 companies on the "Worse" side.
5 other companies' latest entry also says "Mitigated".
- FY2026MitigatedAnnual report
「Using 1.5°C and 4°C scenarios, the company analyzed the impact on its businesses, namely domestic store operations and product procurement, and assessed the financial impact of risks and opportunities in value-chain processes over short-, medium- and long-term time horizons.」
For climate change risks, the company assessed financial impacts over short-, medium- and long-term horizons using 1.5°C and 4°C scenarios, and presented measures including energy conservation, renewable energy, stronger BCP and diversification of suppliers. - FY2025MitigatedAnnual report
「Conducted scenario analysis based on 1.5°C and 4°C climate scenarios.」
For climate-change risks, in addition to TCFD-aligned disclosure, conducted analysis based on 1.5°C and 4°C scenarios and assessed the financial impacts over the short, medium and long term. - FY2024MitigatedAnnual report
「We will identify these risks through scenario analysis aligned with the TCFD Recommendations and disclose relevant information. We have also established the PPIH Group Decarbonization Targets and will take measures to minimize these risks by improving energy efficiency in store operations, generating renewable energy using store facilities such as solar panels, and switching to renewable energy through transactions in non-fossil certificates and other means.」
For climate-change risks, we are implementing TCFD-aligned scenario analysis and disclosure, together with measures including energy conservation, solar power generation, non-fossil certificates and CPPAs. - FY2023MitigatedAnnual report
「We will identify these risks through scenario analysis aligned with the TCFD Recommendations and disclose relevant information. We have also established the PPIH Group Decarbonization Targets and will take measures to minimize these risks by improving energy efficiency in store operations, generating renewable energy using store facilities such as solar panels, and switching to renewable energy through transactions in non-fossil certificates and other means.」
Specified measures addressing climate-change risks, including TCFD-aligned scenario analysis and disclosure, energy conservation at stores, solar power generation and non-fossil certificates. - FY2022First statedAnnual report
「Because our Group’s store operations consume substantial amounts of energy, there is a risk that energy expenses and response costs could exceed expectations if social demands rise rapidly, including through significant strengthening of laws and regulations relating to climate change.」
For the first time, separately identified as a key risk the possibility that energy expenses and response costs could exceed expectations as climate regulations and social demands intensify, against the backdrop of energy consumption in store operations.