Risk of declining trust and stakeholder assessments due to an inadequate climate change response
First written in FY2022. 2 of 6 entries say "Restated". Latest entry: FY2026.
0 other companies' latest entry also says "Advanced".
- FY2026AdvancedAnnual report
「Items subject to business impact assessment Increase in costs due to the introduction of a carbon tax 5,815 Increase in costs due to higher fuel prices 14,488 Increase in damage to owned assets due to flooding 299 Decrease in revenue due to railway service suspensions caused by storms and flooding 18」
Estimated the financial impact of carbon taxes, fuel costs, flooding, storms and flooding, and other factors based on the 2°C and 4°C scenarios. An internal carbon pricing system has been introduced at ¥5,000/t-CO2. - FY2026-H1RestatedAnnual report
「There were no newly arising material risks related to the business or other matters during the six-month consolidated accounting period. There have also been no material changes to the business and other risks described in the annual securities report for the previous fiscal year.」
The Company concluded that there were no new material risks or material changes to existing risks regarding the risk of declining trust and ratings if its climate change response is inadequate. - FY2024AdvancedAnnual report
「To ensure that our Group continues to operate stably over the long term and contributes to the realization of a sustainable society, we introduced an internal carbon pricing system covering our consolidated companies and established a framework to promote energy-saving capital investment by each company (covering capital investment made from April 2024 onward).」
In addition to assessing 5 climate change risks and estimating their financial impact under the 2°C and 4°C scenarios, an internal carbon pricing system covering capital investment made from April 2024 onward was introduced. - FY2023Scenario analysis and quantitative assessment of climate risksAnnual report
「The ESG Promotion Committee deliberated on the significance of the extracted risks and opportunities, selected the 5 most significant risks and 5 opportunities, and assessed their impact based on the 2°C and 4°C scenarios. For the risks, the approximate financial impact under each scenario was also estimated.」
Organized climate change risks into 5 categories and proceeded to assess their impact and estimate their financial impact based on the 2°C and 4°C scenarios. - FY2023-Q3RestatedAnnual report
「There were no newly arising material risks related to the business or other matters during the cumulative third quarter. There were also no material changes to the business and other risks described in the annual securities report for the previous fiscal year.」
The Company concluded that there were no new material risks or material changes to existing risks regarding the risk of declining trust and ratings if its climate change response is inadequate. - FY2022First statedAnnual report
「If our initiatives are deemed inadequate or our response is judged inappropriate, trust and ratings among shareholders and investors may decline.」
The Company identified as a new risk the potential decline in trust and ratings among shareholders and investors if its climate change initiatives are judged inadequate or inappropriate.