Management of Climate Change Risks and Opportunities Based on TCFD
First written in FY2023. 1 of 3 entries say "Worsened", first in FY2024-Q1. Latest entry: FY2026.
The whole theme swung hardest in 2022: 2 of 10 companies on the "Worse" side.
- FY2026AdvancedAnnual report
「Our group conducts scenario analysis based on the framework advocated by the TCFD concerning the potential impact of environmental issues, including climate change, the realization of a circular economy and the transition to decarbonization on our business activities. We also conduct analysis based on the LEAP approach recommended by the TNFD to identify “risks and opportunities” relating to the conservation of natural capital and ecosystems.」
Climate-related risk management has been expanded from TCFD scenario analysis to the TNFD’s LEAP approach, including natural capital and ecosystems. Expansion to the management of risks and opportunities across ESG topics is also planned. - FY2024-Q1WorsenedAnnual report
「We recognize that the social and economic environment surrounding our company remains unpredictable, given developments toward new regulatory changes concerning climate change and other matters, the increasing risk of cyberattacks and other factors.」
While continuing to manage climate-related risks under the TCFD framework, the company has identified emerging regulatory changes relating to climate change as a risk in the external environment. - FY2023First statedAnnual report
「In August 2022, the Company expressed its support for the recommendations of the Task Force on Climate-related Financial Disclosures (TCFD), disclosed its initiatives on its website, and joined the TCFD Consortium, a forum for discussion among supporting companies and financial institutions.」
Climate-related transition risks, physical risks and opportunities have been identified and organized, and disclosure based on the TCFD framework and management by the Sustainability Committee have begun.