Carbon Tax, Energy Prices and Natural Disaster Risks Resulting from Climate Change
First written in FY2023. 1 of 2 entries say "Mitigated", first in FY2025. Latest entry: FY2025.
17 other companies' latest entry also says "Mitigated".
- FY2025MitigatedAnnual report
「Under the 4°C scenario, physical risks associated with the intensification of natural disasters could impede business continuity; however, the analysis found that risks at each production site were minor. We will seek to minimize the impact by refining risk analysis and continuing to prepare in advance for disasters and other events.」
The analysis found that the impact of natural disaster risks from climate change on production sites was minor, and a policy of continuing advance preparations was presented. Transition risks such as carbon taxes and energy prices remain recognized. - FY2023First statedAnnual report
「Under the 1.5°C/2.0°C scenario, we confirmed that the introduction of a carbon tax would have a significant impact on operating costs and fluctuations in energy prices would significantly affect raw material costs. We will address these issues by reducing GHG emissions and improving the efficiency of business activities. Under the 4°C scenario, the intensification of natural disasters would create physical risks that could impede business continuity.」
Climate change scenario analysis newly classified carbon taxes and energy price fluctuations as transition risks and the intensification of natural disasters as a physical risk. The disclosure concerns risk assessments under the scenarios and does not state that these events have actually occurred.