Reputational and Performance Risk Arising from Inadequate Sustainability Efforts
First written in FY2023. 1 of 3 entries say "Worsened", first in FY2024. Latest entry: FY2026.
9 other companies' latest entry also says "Mitigated".
- FY2026MitigatedAnnual report
「In addition, to build a sustainable supply chain, we established a “Business Partner Code of Conduct” and asked business partners to understand and comply with the policy, thereby promoting responsible procurement that takes environmental protection and respect for human rights into consideration.」
Added the establishment of a Business Partner Code of Conduct and responsible procurement as measures to address risks from inadequate sustainability initiatives. - FY2024WorsenedAnnual report
「If efforts in this area are inadequate, climate-related disasters and other events could disrupt the supply chain, making it impossible to continue operating our stores and otherwise affecting performance.」
Specified the scope of the credit and earnings risks from inadequate sustainability initiatives, including climate-related disasters, supply-chain disruption and the inability to continue store operations. - FY2023First statedAnnual report
「Companies are expected not only to develop their businesses but also to contribute to the realization of a sustainable society through their business activities. If inadequate efforts in this area cause us to lose the confidence of stakeholders, our performance may be affected.」
For the first time, explicitly identified the risk that inadequate sustainability initiatives could affect performance through declining stakeholder confidence.