Physical and Transition Risks and Business Opportunities Arising from Climate Change
First written in FY2022-Q2. 1 of 2 entries say "Restated". Latest entry: FY2022-Q3.
- FY2022-Q3RestatedAnnual report
「• Strategy based on scenario analysis Based on the results of scenario analysis and financial impact assessments, we will consider measures to address climate-related risks and opportunities that have a significant impact on our businesses. <Examples of measures> • Consider increasing the proportion of electricity sourced from renewable energy. • Promote the installation of energy-saving equipment such as LED lighting at commercial facilities. • Consider further promoting the development of ZEH-M properties. • Promote improvements in environmental performance ratings by obtaining DBJ Green Building certification and CASBEE for Real Estate certification.」
Based on the 1.5°C and 3°C scenarios and their financial impacts in 2030, the company continued to present renewable energy, energy-saving equipment, ZEH-M and environmental certifications as examples of response measures. - FY2022-Q2First statedAnnual report
「As society is expected to experience an increase in weather-related disasters and other events, the risk to business continuity from climate change may increase and affect our group’s operating results and financial position.」
The company newly identified climate-related business continuity risk as a business and other risk, and organised the financial impacts in 2030 under the 1.5°C and 3°C scenarios, as well as risks related to material costs, capital expenditure, repair costs, vacancy rates, sales prices and procurement costs, and opportunities in environmentally considerate development and mixed-use development. No actual losses were reported.