Risk of Stricter Greenhouse Gas Emissions Regulations and Higher Compliance Costs
First written in FY2022. 3 of 4 entries say "Mitigated", first in FY2023. Latest entry: FY2026.
16 other companies' latest entry also says "Mitigated".
- FY2026MitigatedAnnual report
「The amount of carbon dioxide absorbed annually by radiata pine in the approximately 40,000 hectares of forest managed by the company is approximately 677,000 tonnes, while the amount fixed reaches 35,000 tonnes. In addition, since April 2022, the company has used The Kansai Electric Power Company,Incorporated's Renewable Energy ECO Plan (with tracking) to use electricity generated from renewable energy originating from its own biomass power plants at its own factories, resulting in effectively zero CO₂ emissions. This accounts for approximately 70% of the company's total electricity consumption.」
As measures to address the risks of decarbonization regulations and response costs, the company specified the amount of CO₂ absorbed and fixed by its forests and the use of electricity with effectively zero CO₂ emissions, equivalent to approximately 70% of total electricity consumption. - FY2024MitigatedAnnual report
「The amount of carbon dioxide absorbed annually by radiata pine in the approximately 40,000 hectares of forest managed by the company is approximately 687,000 tonnes.」
As measures to address the risks of decarbonization regulations and response costs, the company specifically disclosed the absorption of approximately 687,000 tonnes of CO₂ annually by approximately 40,000 hectares of forest and the use of renewable energy. - FY2023MitigatedAnnual report
「The amount of carbon dioxide absorbed annually by radiata pine in the approximately 40,000ha of forest managed by the Company is approximately 700,000 tonnes.」
As measures to address the risks of decarbonization regulations and response costs, the company specified the absorption of approximately 700,000 tonnes of CO₂ annually by approximately 40,000 hectares of forest and the use of renewable energy. - FY2022First statedAnnual report
「Going forward, if costs for related measures increase due to tighter regulations and other actions to address global warming, or if compliance with laws or regulations in a particular region becomes difficult, the Group's business operations in that region could be affected.」
Against the backdrop of COP26 and moves toward the establishment of the ISSB, the company explicitly identified tighter decarbonization regulations, higher response costs and the impact on business operations of difficulty complying with laws and regulations as new risks.