Identification of Materiality and Board Oversight of Sustainability Issues
First written in FY2023. 2 of 3 entries say "Advanced", first in FY2025. Latest entry: FY2026.
- FY2026AdvancedAnnual report
「The sustainability-related risks and opportunities considered by the Risk and Compliance Committee are reported by the committee chair to the Management Committee or the Board of Directors as necessary. In addition, quantitative figures from the group's climate change scenario analysis are reported to the Board at least once a year.」
The company has established a process under which the Risk and Compliance Committee analyzes climate-related risks and opportunities and reports the quantitative figures from its scenario analysis to the Board at least once a year. - FY2025AdvancedAnnual report
「The group regards climate-related risks as one of its medium- to long-term risks. Referring to climate change scenarios prepared by the IEA (International Energy Agency) and the IPCC (Intergovernmental Panel on Climate Change), namely the 1.5°C and 4°C scenarios, it considered the impact on the group through 2030 and conducted scenario analysis of its core real estate development business.」
The company has moved from its previous identification of material issues and Board monitoring to a more specific assessment of the impact through 2030 using the 1.5°C and 4°C scenarios, together with scenario analysis of the real estate development business. - FY2023First statedAnnual report
「Within the group, the Corporate Strategy Office takes the lead in identifying material issues and considering initiatives in a timely manner to address various issues, including environmental matters such as climate change. Under a Board oversight and monitoring framework, the group discusses and seeks to resolve risk issues and matters that may signal risks in management.」
For the first time, the company has systematically described the Corporate Strategy Office's identification of material issues and consideration of initiatives concerning sustainability issues, together with Board oversight and monitoring.