Addressing Climate Change, Energy Prices and Extreme Weather
First written in FY2023. . Latest entry: FY2025.
The whole theme swung hardest in 2020: 1 of 12 companies on the "Worse" side.
14 other companies' latest entry also says "Other".
- FY2025GX Committee annual target management made more specificAnnual report
「For risks subject to management, each relevant responsible department will establish quantitative annual targets for risk reduction and manage and evaluate progress. Progress will be repeatedly discussed, reviewed and shared by the GX Committee, with improvements made as necessary.」
For climate-related risks, the company made specific a management cycle consisting of quantitative annual targets set by the responsible departments, review by the GX Committee, and reporting to the Cellular 6X Promotion Project and the board of directors. - FY2024Climate-change scenario analysis and response measures made more specificAnnual report
「Because of dependence on fossil fuels, crude oil prices will increase by 40% by 2050, driving up various energy prices and substantially increasing expenditure."Okinawa's average annual temperature will rise by approximately 4.5°C, leading to substantial increases in extremely hot days and tropical nights and increasing electricity consumption and the cost of measures for telecommunications facilities and other assets.」
The company made specific the risks of higher crude oil prices, rising temperatures and extreme weather under the 4°C scenario, including energy costs, facility damage and business interruption, and the responses of switching to renewable energy, energy conservation and BCP training. - FY2023First statedAnnual report
「Because of dependence on fossil fuels, crude oil prices will increase by 40% by 2050, driving up various energy prices and substantially increasing expenditure.」
The company disclosed TCFD-based 2°C and 4°C scenario analyses for the first time and described risks of higher energy costs, facility damage and business interruption caused by crude oil prices, rising temperatures and extreme weather such as typhoons.