Climate Change Risk Management and Support for the TCFD Recommendations
First written in FY2022. 3 of 4 entries say "Advanced", first in FY2023. Latest entry: FY2026.
The whole theme swung hardest in 2026: 2 of 13 companies on the "Worse" side.
11 other companies' latest entry also says "Advanced".
- FY2026AdvancedAnnual report
「CO₂ emissions in fiscal 2025 (Scope 1 + Scope 2) were 89.6% lower than in fiscal 2013. CO₂ emissions were significantly reduced by expanding the number of stores using CO₂-free electricity (electricity generated without CO₂ emissions) in April 2025.」
With respect to climate change risk management, the Company reported reductions in Scope 1 and Scope 2 emissions, expanded the scope of its Scope 3 calculations, and calculated financed emissions of 2,985,717t-CO₂. - FY2025AdvancedAnnual report
「Transition risk Impact on credit costs Increase of up to ¥300 million by 2050 Physical risk Impact on credit costs Increase of up to ¥2.1 billion」
Scenario analysis based on the TCFD Recommendations was conducted, and the impact on credit costs was estimated at up to ¥300 million for transition risk and up to ¥2.1 billion for physical risk. - FY2023AdvancedAnnual report
「We recognize that climate change-related risks may affect the business and financial position of our banking group. We will gather and analyze information concerning these risks and consider establishing a framework for managing them within an integrated risk management framework.」
In addition to expressing support for the TCFD Recommendations, the Company presented plans to gather and analyze information on climate change risk and establish a framework for managing it within an integrated risk management framework. It also disclosed classifications of climate-related transition risks, physical risks and opportunities. - FY2022First statedAnnual report
「The damage caused by climate change, including the progression of global warming and the resulting increase in natural disasters, is expanding each year. In addition to its impact on the operations of our banking group, the resulting deterioration in the business activities and performance of our customers could increase credit risk and affect our bank's performance and financial position. In February 2022, our bank expressed its support for the recommendations of the Task Force on Climate-related Financial Disclosures (TCFD) to advance its response to climate change, and will manage risks based on the impact of climate change on the business activities of our banking group.」
The impact of climate change on operations and the increase in customers' credit risk were disclosed as new risks, together with support for the TCFD Recommendations expressed in February 2022 and risk management based on these impacts.