Analysis of Climate-Related Risks and Opportunities under the TCFD Framework
First written in FY2022. 3 of 4 entries say "Advanced", first in FY2023. Latest entry: FY2026.
- FY2026AdvancedAnnual report
「Based on these assumptions, the company has identified the risks and opportunities that climate change presents to the Group’s business activities as follows and has begun taking action.」
Regarding its TCFD response, the company has made concrete measures including compliance with environmental standards, the discovery and development of ESG products, proprietary investment in decarbonisation-related fields and the digitalisation of sales activities, in addition to identifying risks and opportunities based on the 2°C and 4°C scenarios. - FY2025AdvancedAnnual report
「Based on these assumptions, the company has identified the risks and opportunities that climate change presents to the Group’s business activities as follows and has begun taking action.」
Regarding its TCFD response, the company has made concrete measures including compliance with environmental standards, the development of ESG products, investment in decarbonisation-related fields and the digitalisation of sales activities, in addition to identifying risks and opportunities based on the 2°C and 4°C scenarios. - FY2023AdvancedAnnual report
「Based on these assumptions, the company has identified the risks and opportunities that climate change presents to the Group’s business activities as follows and has begun taking action.」
Regarding its TCFD response, the company has identified climate-related risks and opportunities based on the 2°C and 4°C scenarios and has made its initial response concrete in the form of risks, opportunities, measures and metrics. - FY2022First statedAnnual report
「The company will also use the framework of the Task Force on Climate-related Financial Disclosures (TCFD) to thoroughly analyse the risks and opportunities that climate change presents to the Group’s business activities, formulate a business strategy addressing climate change and contribute to the sustainable development of the Group and society. The company referred to multiple existing scenarios published by the International Energy Agency (IEA) and the Intergovernmental Panel on Climate Change (IPCC) and envisaged two societies based on the assumption that the 2°C scenario and 4°C scenario would materialise. 2°C scenario A scenario in which new policies and systems are introduced and the rise in temperature by 2100 is kept below 2°C compared with pre-industrial levels」
For the first time, the company explicitly describes analysing climate-related risks and opportunities and formulating a strategy using the TCFD framework, 2°C and 4°C scenarios, and projected temperature increases as of 2100.