Climate Change Response Based on TCFD Scenario Analysis
First written in FY2023. 2 of 3 entries say "Advanced", first in FY2024. Latest entry: FY2026.
- FY2026AdvancedAnnual report
「Our group's climate change strategies: Strategy 1: contribute to climate change mitigation through the further widespread adoption of environmentally responsive products. Strategy 2: contribute to the circulation of plastic resources by promoting recycling activities. Strategy 3: contribute to climate change mitigation through GHG emissions reductions and the efficient use of energy.」
Based on 1.5°C and 4°C scenario analyses, the company specified 3 strategies covering environmentally responsive products, recycling, and GHG reduction and energy conservation, as well as products aimed at capturing opportunities, including ARPRO RE, Mirafoam Lambda, and bio-based products. - FY2024AdvancedAnnual report
「Our group's climate change strategy has been formulated through scenario analysis. The group uses a 1.5°C scenario, in which the rise in global average temperatures is limited to 1.5°C above pre-industrial levels, and a 4°C scenario, in which global average temperatures rise by 4°C above pre-industrial levels.」
Based on 1.5°C and 4°C scenario analyses, the company detailed 3 strategies, covering environmentally responsive products, recycling, and GHG reduction and energy efficiency, as well as product-specific opportunities. - FY2023First statedAnnual report
「Our group's climate change strategy has been formulated through scenario analysis. The group uses a 1.5°C scenario, in which the rise in global average temperatures is limited to 1.5°C above pre-industrial levels, and a 4°C scenario, in which global average temperatures rise by 4°C above pre-industrial levels.」
For the first time, the company provided detailed disclosure of a framework for assessing transition risks, physical risks, and opportunities related to climate change through 1.5°C and 4°C scenario analyses and considering response measures.