Support for the TCFD Recommendations and Climate-Related Scenario Analysis
First written in FY2022. 2 of 3 entries say "Advanced", first in FY2025. Latest entry: FY2026.
- FY2026AdvancedAnnual report
「Scope 1 and 2 greenhouse gas emissions were 208,961 t-CO2 in fiscal 2025, down 9.4% from fiscal 2019, with an RE achievement rate of 8.6%. We have targets of reducing Scope 1 and 2 greenhouse gas emissions by at least 30% by fiscal 2030 and to zero by fiscal 2050.」
Regarding the response to climate change, the Company disclosed fiscal 2025 emissions, the reduction rate and the renewable energy achievement rate, and is managing progress against a roadmap targeting a reduction of at least 30% by fiscal 2030 and zero emissions by fiscal 2050. - FY2025AdvancedAnnual report
「Our scenario analysis is based on 2 scenarios: below 2°C, the target of the Paris Agreement, and 4°C, reflecting insufficient reductions in CO2 emissions. The analysis was conducted with reference to typical climate-related risks and opportunities recommended by the TCFD.」
The Company's TCFD response was made more specific through analysis of below-2°C and 4°C scenarios, estimates of 2030 financial impacts of approximately ¥2.5 billion from carbon taxes and approximately ¥1.6 billion from procuring renewable electricity, and Scope 1 and 2 targets. - FY2022First statedAnnual report
「We also support the TCFD Recommendations and will further expand our disclosures based on the 4 disclosure areas recommended by the TCFD: governance, strategy, risk management and initiatives addressing risks, and metrics and targets.」
The Company newly stated its climate-related initiatives, including support for the TCFD Recommendations, analysis under below-2°C and 4°C scenarios, estimates of financial impacts as of 2030, and disclosures aligned with governance, strategy, risk management, and metrics and targets.