Risks of Tighter Regulations and Natural Disasters Due to Climate Change
First written in FY2022. 2 of 3 entries say "Advanced", first in FY2023. Latest entry: FY2024.
15 other companies' latest entry also says "Advanced".
- FY2024AdvancedAnnual report
「The analysis covered five companies: Seika Sangyo's head office and its consolidated subsidiaries Nippon Dia Valve, Shikishima Kiki, Seika Dia Engine and Tsurumi (Europe). These companies account for at least 90% each of the Group's consolidated net sales and operating income.」
The scope of the TCFD scenario analysis was defined as the head office and four major companies, covering at least 90% each of consolidated net sales and operating income. - FY2023AdvancedAnnual report
「Regarding the impact of climate change on the company's business and performance, the company conducted the following two scenario analyses based on the TCFD framework.」
The company conducted TCFD scenario analyses covering the head office and four major companies, using below-2°C and 4°C scenarios, with 2030 as the reference year for transition risks and 2050 for physical risks. - FY2022First statedAnnual report
「Global climate change trends may lead to tighter legal regulations to reduce greenhouse gas emissions and changes in regulations affecting supply chains, including those of customers, which could affect the Group's business performance and financial position. In addition, if severe weather disasters caused by climate change damage the Group's or its supply chain's sites, facilities or systems, business and production activities may be disrupted, which could affect the Group's business performance and financial position.」
The company newly identified as major risks regulations on greenhouse gas emissions and supply chains, as well as damage to sites, facilities and other assets caused by severe disasters associated with climate change.