Reflecting climate change measures in management strategy and addressing transition and physical risks
First written in FY2022. 2 of 5 entries say "Advanced", first in FY2023. Latest entry: FY2026.
0 other companies' latest entry also says "Raised".
- FY2026RaisedAnnual report
「As we achieved in fiscal 2025 our target of reducing CO2 emissions in fiscal 2030 by 50% from fiscal 2013, we changed the target to a 60% reduction in fiscal 2035 from fiscal 2013. We will continue working to reduce CO2 emissions.」
As the fiscal 2030 target of a 50% reduction from fiscal 2013 was achieved in fiscal 2025, the target was raised to a 60% reduction from fiscal 2013 by fiscal 2035. The reduction achieved in fiscal 2025 was 52.7%, and cumulative sustainable finance from fiscal 2022 totaled ¥58,000 million. - FY2025RaisedAnnual report
「As we achieved in fiscal 2024 our initial target of reducing CO2 emissions in fiscal 2030 by 46% from fiscal 2013, we changed the target to a 50% reduction from fiscal 2013. We will continue working to reduce CO2 emissions. Our initial target was to execute a cumulative ¥50,000 million from fiscal 2022 by fiscal 2030, but as this is expected to be achieved in fiscal 2025, we changed the execution target to ¥150,000 million. (Fiscal 2022–fiscal 2024 actual: ¥48,100 million)」
CO2 emissions were reduced by 47.2% from fiscal 2013, and because the initial 46% target was achieved in fiscal 2024, the fiscal 2030 target was raised to 50%. The cumulative sustainable finance target was also raised from ¥50,000 million to ¥150,000 million. - FY2024AdvancedAnnual report
「CO2 emissions in fiscal 2023 were reduced by 44.6% from fiscal 2013. We have set a target of reducing CO2 emissions in fiscal 2030 by 46% from fiscal 2013. … We aim to execute ¥50,000 million in sustainable finance by fiscal 2030. (Fiscal 2022–fiscal 2023 actual: ¥31,000 million)」
CO2 emissions reductions progressed from 42.4% to 44.6% from fiscal 2013, and sustainable finance executed totaled ¥31,000 million from fiscal 2022 through fiscal 2023. The targets of a 46% reduction by fiscal 2030 and ¥50,000 million in execution remain unchanged. - FY2023AdvancedAnnual report
「CO2 emissions in fiscal 2022 were reduced by 42.4% from fiscal 2013. We have set a target of reducing CO2 emissions in fiscal 2030 by 46% from fiscal 2013. We aim to execute ¥50,000 million in sustainable finance by fiscal 2030. (Fiscal 2022 actual: ¥15,100 million)」
Moved beyond recognizing climate change as a risk by setting a target of reducing CO2 emissions by 46% from fiscal 2013 by fiscal 2030 and executing ¥50,000 million in sustainable finance by fiscal 2030. The CO2 reduction achieved in fiscal 2022 was 42.4%, and sustainable finance executed was ¥15,100 million. - FY2022First statedAnnual report
「We recognize the importance of identifying and assessing climate change risks and of information disclosure, and have established a framework under which the Sustainability Committee reflects climate change measures in our management strategy. However, if these initiatives are unsuccessful or considered inadequate, they may adversely affect our results of operations and financial condition. In addition, physical damage caused by natural disasters, extreme weather and other events associated with climate change, tighter climate-related regulations, and the transition to a decarbonized society may affect the businesses and financial condition of our business partners. This could, in turn, affect the management and operation of our credit portfolio and adversely affect our results of operations and financial condition.」
For the first time, disclosed climate change as an independent risk item, covering the Sustainability Committee’s incorporation of climate change measures into management strategy, physical risks from natural disasters and other events, transition risks from tighter regulations and decarbonization, and the impact on the credit portfolio through business partners.