Business continuity risks arising from climate change and social and environmental issues
First written in FY2022. 2 of 4 entries say "Advanced", first in FY2025. Latest entry: FY2026.
23 other companies' latest entry also says "Advanced".
- FY2026AdvancedAnnual report
「Because the Group owns relatively few facilities such as factories and emits little greenhouse gas other than CO₂, it uses CO₂ emissions and emissions reduction contributions as evaluation metrics for climate-related risks and opportunities.」
The Group disclosed CO₂ emissions and emissions reduction contributions as evaluation metrics for climate-related risks and opportunities, with targets of limiting Scope 1 and 2 emissions to 30,000 t-CO₂ or less and achieving emissions reduction contributions of 1,500,000 t-CO₂. - FY2025AdvancedAnnual report
「Risks and opportunities may exist under every scenario for the North American beef, steel pipe, corn, kerosene, coffee and motorcycle parts businesses. Based on the analysis, the Company is formulating its business strategy with climate change viewed as an opportunity.」
The scope of the climate change scenario analysis was specified as 6 businesses, and a policy was presented to treat decarbonisation and the circular economy as business opportunities based on the associated risks and opportunities. - FY2023Climate change risk and opportunity scenario analysis specified in greater detailAnnual report
「As a result of conducting scenario analyses after selecting the Group's businesses that are highly exposed to climate change, we view both risks and opportunities as existing under every scenario, but believe that the impact of the opportunities exceeds that of the risks.」
For climate change and social and environmental risks, analyses were conducted for 4 businesses, North American beef, steel pipe, corn and kerosene, under 4°C and below-2°C scenarios. - FY2022First statedAnnual report
「The Group operates across a broad range of fields in Japan and overseas and may face restrictions on business continuity as a result of climate change and increasingly serious social and environmental issues. In addition, if environmental pollution, labor issues or other problems arising from the Group's businesses occur, they may result in business suspension, pollution remediation and damages costs, and a decline in social reputation.」
The impact of climate change, environmental pollution and labor issues on business continuity, costs and social reputation was identified for the first time as a standalone major risk. The disclosure also describes the framework for resolving issues through the Sustainability Promotion Committee.