Board Oversight of Sustainability-Related Risks and Opportunities
First written in FY2024. 1 of 2 entries say "Softened", first in FY2025. Latest entry: FY2025.
The whole theme swung hardest in 2022: 2 of 11 companies on the "Worse" side.
- FY2025SoftenedAnnual report
「The Company plans to establish a framework under which the Board of Directors deliberates on and oversees the identification of sustainability-related risks and the narrowing down of risks requiring priority action.」
While the policy for Board deliberation and oversight of sustainability matters remains in place, the framework for identifying and prioritizing risks is described in the future tense as "planned to be established." - FY2024First statedAnnual report
「Overall risk management is handled by the cross-functional Risk and Compliance Committee, which was established to create the Company's internal governance structure. Sustainability-related risks and opportunities as a whole are analyzed by the relevant departments, including the Office of the President, which also considers response measures and other matters. These are reported to the Board of Directors as appropriate through the responsible executive. The Board receives reports from the responsible executive and deliberates on and oversees the Group's sustainability-related initiatives and other matters.」
The Company has for the first time described a framework under which the relevant departments analyze sustainability-related risks and opportunities, report them to the Board of Directors through the responsible executive, and the Board deliberates on and oversees them.