Assessment and Disclosure of Climate-Related Risks and Opportunities under the TCFD Framework
First written in FY2023. 2 of 3 entries say "Advanced", first in FY2024. Latest entry: FY2025.
- FY2025AdvancedAnnual report
「To understand the impact of climate change on its business and specify climate-related opportunities and risks, the company conducted scenario analysis using scenarios from the International Energy Agency (IEA) and the Intergovernmental Panel on Climate Change (IPCC) as benchmarks.」
For its TCFD response, the company quantified the financial impacts of transition and physical risks and opportunities to the extent possible, in addition to conducting IEA and IPCC scenario analysis. - FY2024AdvancedAnnual report
「To understand the impact of climate change on its business and specify climate-related opportunities and risks, the company conducted scenario analysis using scenarios from the International Energy Agency (IEA) and the Intergovernmental Panel on Climate Change (IPCC) as benchmarks. Among transition risks arising from policy and regulatory changes and market shifts, and physical risks arising from extreme weather and other factors, it identified the risks and opportunities expected to have the greatest impact on its business and quantified their financial impact to the extent possible.」
Following its statement of support for the TCFD, the company provided more detailed disclosure covering analysis based on IEA and IPCC scenarios, the identification of risks and opportunities, and the quantification of financial impacts. - FY2023First statedAnnual report
「The company supports the TCFD recommendations and will use the TCFD framework to assess and identify climate-related risks and opportunities, verify its responses, and appropriately disclose relevant information.」
The company newly describes its support for the TCFD, the assessment and identification of risks and opportunities, the verification of responses, and the disclosure framework.