Impact of Climate Change on Business Costs, Financial Product Prices and Sales
First written in FY2021. . Latest entry: FY2026.
0 other companies' latest entry also says "Other".
- FY2026Specifying climate-related risks and opportunitiesAnnual report
「• Customer attrition due to an insufficient range of ESG products • Damage to our corporate image from failing to switch to renewable energy and take similar measures • Insufficient climate-related initiatives and disclosures could lower our ESG rating, resulting in our exclusion from ESG indices or a reduction in our weighting, prompting institutional investors to reduce their holdings of our shares and causing the share price to decline」
The Company specifically discloses the effects of climate-related risks on its ESG rating and share price arising from an insufficient range of ESG products, delays in addressing renewable energy and inadequate disclosure. - FY2022Expansion of the scope of climate-related risksAnnual report
「Delays in responding to changing customer needs driven by green investment may reduce our market competitiveness in products and services. We may also face physical constraints, such as restrictions on outdoor activities caused by rising temperatures.」
In addition to the previously identified impacts on energy prices, financial instrument prices and sales of products to customers, delays in responding to demand for green investment and physical constraints caused by rising temperatures have been added as climate-related risks. - FY2021First statedAnnual report
「Our Group's business may be affected in various ways by climate-related risks. For example, efforts to address climate change through decarbonisation may lead to higher energy prices or supply shortages, disrupting business continuity and potentially increasing operating costs. In addition, worsening climate change may adversely affect the prices of financial instruments held and sales of products to customers, potentially reducing revenue.」
Climate change is recognised as a key management issue, and the impacts on energy prices and supply, the prices of financial instruments held, and sales of products to customers are disclosed separately as risks for the first time.