Climate Change Governance and Scenario Analysis in Line with the TCFD Recommendations
First written in FY2023. 3 of 4 entries say "Advanced", first in FY2024. Latest entry: FY2026.
- FY2026AdvancedAnnual report
「As one of its initiatives, the Company has responded to the CDP (Carbon Disclosure Project) climate change questionnaire since 2022 and received its first "A" rating in 2025.」
The Company stated that, in addition to its TCFD response and scenario analysis, its CDP rating improved from A- to A. - FY2025AdvancedAnnual report
「As a result, the Company reflected the findings in its business strategy and set internal KPIs. Going forward, it will continue to reflect the findings in its business strategy and review its KPIs, advance effective measures against climate change and link these efforts to growth in the Group's businesses.」
The Company progressed to the stage of reflecting the results of its TCFD scenario analysis in its business strategy and setting internal KPIs. The Sustainability Committee met 3 times during the period. - FY2024AdvancedAnnual report
「During the fiscal year, the Sustainability Committee met 3 times. The main agenda items were as follows: ・Progress and disclosures concerning the response to climate change ・Review of materiality and setting non-financial targets under "Medium-Term Plan 2025" ※Matters for resolution by the Board of Directors ・Progress and disclosures concerning human capital ・Matters concerning the implementation of human rights due diligence」
Regarding the TCFD and sustainability response, the Sustainability Committee met 3 times during the year and discussed materiality, non-financial targets, human capital and human rights due diligence. The Company also conducted an analysis of credit-related expenses associated with climate change risks. - FY2023First statedAnnual report
「To accelerate efforts to address "preventing global warming," one of the initiatives to enhance social value toward achieving CSV management, the Company announced its support for the TCFD (Task Force on Climate-related Financial Disclosures) in September 2022 and joined the TCFD Consortium. The Company will advance disclosures aligned with the TCFD Recommendations, including its response to climate-related risks and opportunities. In this scenario analysis, the Company considered risks and opportunities from both qualitative and quantitative perspectives, using 2030 and 2050 as the time horizons and referring to the "4°C scenario" and "1.5°C scenario."」
The Company newly disclosed its support for the TCFD and participation in the consortium, deliberations by the Sustainability Committee twice a year, 4°C and 1.5°C scenario analyses, and its climate change response using 2030 and 2050 time horizons.