Climate Change Scenario Analysis and Risk Management in Line with the TCFD Recommendations
First written in FY2024. 2 of 3 entries say "Advanced", first in FY2025. Latest entry: FY2026.
- FY2026AdvancedAnnual report
「Going forward, as described under risk management, we will regularly review climate-related risks and opportunities and measures to address them. In addition, we will expand our initiatives by calculating and refining Scope 3 emissions, promoting efforts to contribute to emissions reductions, and refining our responses to CDP.」
The Company described its policy of expanding the scope of its initiatives beyond regular reviews of climate change risks to include calculating and refining Scope 3 emissions, contributing to emissions reductions, and refining its CDP responses. - FY2025AdvancedAnnual report
「We participate in the Sustainability Promotion Committee when convened by the chair and report progress on issue resolution and other matters to the committee. … Going forward, as described under risk management, we will regularly review climate-related risks and opportunities and measures to address them. In addition, we will expand our initiatives by calculating and refining Scope 3 emissions, promoting efforts to contribute to emissions reductions, and refining our responses to CDP.」
The Company incorporated climate change risks into its enterprise-wide risks and described progress reports to the Sustainability Promotion Committee, regular reviews, and expanded Scope 3 calculations and CDP initiatives. - FY2024First statedAnnual report
「We conducted a scenario analysis of the “physical risks,” such as extreme weather caused by climate change, and “transition risks,” such as the introduction of policies and regulations and changes in market needs. We conducted the scenario analysis and calculated the financial impact with a view to fiscal 2030, the target year for setting scientifically based targets (SBTs).」
The Company conducted four-level scenario analyses and calculated the financial impact for physical and transition risks, outlining efforts to incorporate the results into its business strategy with a view to fiscal 2030.