Business Impacts of Climate Change and Other Factors
First written in FY2022. 2 of 4 entries say "Advanced", first in FY2025. Latest entry: FY2026.
- FY2026AdvancedAnnual report
「Annual carbon tax burden (¥ million/year): 2030, 2°C: 2.9, 4°C: 2.2; 2050, 2°C: 5.1, 4°C: 3.2」
Regarding climate change risks, the Company disclosed carbon prices and carbon tax burdens based on 2°C and 4°C scenarios, quantifying business and financial impacts. - FY2025AdvancedAnnual report
「Assuming worlds in which temperatures rise by less than 2°C and by 4°C, we evaluated the significance of climate-related risks and opportunities that could affect the business from fiscal 2023 onward, as well as the resilience of our strategy to climate change risks and opportunities.」
Regarding climate change risks, in addition to evaluating business impacts and strategic resilience based on below-2°C and 4°C scenarios, we quantified financial impacts such as carbon prices and carbon tax burdens. - FY2023Scenario analysis of climate change risks and quantification of financial impactsAnnual report
「Assuming worlds in which temperatures rise by less than 2°C and by 4°C, we evaluated the significance of climate-related risks and opportunities that could affect the business from fiscal 2023 onward, as well as the resilience of our strategy to climate change risks and opportunities.」
Regarding climate change risks, we progressed to evaluating the impacts on the business and the resilience of our strategy under 2°C and 4°C scenarios, and also disclosed quantitative impacts from carbon prices and tax burdens, electricity prices and natural disasters. - FY2022First statedAnnual report
「We recognize the impact of climate-related risks and revenue opportunities on business activities and earnings as a materiality (key issue) that we must address under the medium-term management plan newly formulated this fiscal year. Meanwhile, we expect the impact on our Group's business activities and earnings to be limited, as will the environmental burden of our business activities. Going forward, we will consider collecting and analyzing the necessary data and making appropriate disclosures based on internationally established frameworks such as the TCFD recommendations.」
The Company first explicitly identified climate-related risks and revenue opportunities as both a materiality and a separate risk item. It currently expects limited impacts on its business and earnings and is considering data collection and analysis and disclosure based on the TCFD recommendations and other frameworks.