Physical and Transition Risks Associated with Climate Change
First written in FY2023. 1 of 3 entries say "Restated". Latest entry: FY2026.
The whole theme swung hardest in 2020: 1 of 12 companies on the "Worse" side.
30 other companies' latest entry also says "Advanced".
- FY2026AdvancedAnnual report
「Starting in fiscal 2025, the company conducted scenario analysis covering its entire business to identify, among the climate-related transition risks, physical risks and opportunities, the items with particularly significant impacts on its business.」
The company conducted scenario analysis covering its entire business using 1.5°C and 4°C scenarios and short-, medium- and long-term time horizons. - FY2025RestatedAnnual report
「To mitigate climate change, the company is focusing on energy conservation through initiatives such as promoting the switch to high-environmental-performance equipment, encouraging the use of renewable energy, raising awareness of energy conservation during operations, and improving the environmental performance of existing properties through renovations.」
The company continues to recognize physical risks such as floods and other water-related disasters and transition risks arising from regulatory and business-environment changes, and is implementing measures involving energy conservation, renewable energy and equipment renovations. - FY2023First statedAnnual report
「To address not only physical risks such as floods and other water-related disasters arising from climate change, but also transition risks associated with measures to curb climate change and changes in the business environment, the Group has established a Sustainability Promotion Committee chaired by the President and controls and promotes responses to environmental issues through the business activities of each Group division.」
The company identifies physical risks such as floods and other water-related disasters and transition risks arising from regulatory and business-environment changes as separate business risks related to climate change.