Climate Change Scenario Analysis and TCFD-Related Initiatives
First written in FY2023. 3 of 4 entries say "Advanced", first in FY2024. Latest entry: FY2026.
The whole theme swung hardest in 2021: 1 of 11 companies on the "Worse" side.
- FY2026AdvancedAnnual report
「• Initiatives for fiscal 2025 • The company is pursuing a range of initiatives, including switching fuels and introducing energy-saving equipment at group facilities and other sites, and purchasing electricity generated from renewable energy. • 相鉄クリーンエナジー㈱ acquired operating solar power plants distributed across Japan. • 相鉄バス㈱ introduced 3 domestically manufactured EV buses and began operating them. • The company obtained third-party assurance for domestic consolidated Scope 1, 2 and 3 (Categories 1, 2, 5, 11, 12 and 13) data for fiscal 2024.」
In addition to continuing its climate scenario analysis, the company made progress by acquiring solar power plants, introducing EV buses and obtaining third-party assurance for Scope data. - FY2025AdvancedAnnual report
「The company conducted scenario analysis covering the transportation business (railway and bus), real estate leasing business and retail business, which are assumed to have a significant environmental impact given their business characteristics, identified climate-related risks and opportunities, and assessed their financial impacts.」
The scope of the climate change scenario analysis was expanded from the railway and bus businesses and real estate leasing business to include the retail business, and the company assessed the financial impacts. - FY2024AdvancedAnnual report
「The company conducted scenario analysis covering the transportation business (railway and bus) and real estate leasing business, which are assumed to have a significant environmental impact given their business characteristics, identified climate-related risks and opportunities, and assessed their financial impacts.」
The scope of the climate change scenario analysis was expanded from the railway and bus businesses to include the real estate leasing business, and the company assessed the financial impacts. - FY2023First statedAnnual report
「The company conducted scenario analysis covering the railway and bus businesses, which are assumed to have a significant environmental impact given their business characteristics, identified climate-related risks and opportunities, and assessed their financial impacts. The analysis focused primarily on a 1.5°C scenario involving a transition to a low-carbon economy and heightened transition risk, and a 4°C scenario with no response to decarbonization.」
The company disclosed for the first time its 1.5°C and 4°C scenario analyses for the railway and bus businesses, identification of climate-related risks and opportunities, and assessment of their financial impacts.