Climate Change and Environmental Regulatory Adaptation Risks
First written in FY2022. 1 of 3 entries say "Restated". Latest entry: FY2024.
11 other companies' latest entry also says "Other".
- FY2024Specificating the impact of climate-related risks by scenarioAnnual report
「In identifying climate-related risks and opportunities and considering and analyzing their impact on the business and possible responses, the Group has established 2 scenarios, a 4°C scenario and a below-2°C scenario, with reference to various scenarios published by the IPCC and IEA.」
Regarding climate change and environmental regulation risks, the Company established 4°C and below-2°C scenarios and specifically analyzed the effects of carbon taxes, resource prices, flooding and storm surges, and rising average temperatures. - FY2023RestatedAnnual report
「In light of this business environment, the Group regards responding to climate change as an important issue, in addition to complying with environmental regulations and related laws as a matter of course. It will analyze the impact of climate-related risks and opportunities on its business activities and earnings and consider measures to address them.」
The Company continues to treat responses to climate change and environmental regulations as important issues and plans to analyze the risks and opportunities affecting its business activities and earnings. - FY2022First statedAnnual report
「If unforeseen circumstances primarily caused by climate change or events that make adaptation to environmental regulations extremely difficult arise in the future, they may affect the Group's operating results, financial position and cash flows.」
Against a backdrop of more frequent extremely hot days, damage from torrential rain, and discussions on ESG investment and the introduction of a carbon tax, the Company disclosed its response to climate change and environmental regulations as a new major risk.