Risk of losing business opportunities due to delays in addressing climate change
First written in FY2022. 3 of 4 entries say "Mitigated", first in FY2024. Latest entry: FY2026.
The whole theme swung hardest in 2024: 2 of 10 companies on the "Worse" side.
2 other companies' latest entry also says "Mitigated".
- FY2026MitigatedAnnual report
「Against the fiscal 2016 baseline of 9,282 t-CO₂ for Scope 1 and 2 emissions, the Company has set a target of reducing emissions by at least 46% by fiscal 2030. CO₂ emissions in fiscal 2025 were 2,739 t-CO₂, representing a 70.5% reduction from fiscal 2016.」
Against the target of reducing emissions by at least 46% by fiscal 2030, emissions in fiscal 2025 were down 70.5% from fiscal 2016, exceeding the target level. - FY2025MitigatedAnnual report
「The Company has set a target of reducing Scope 1 and 2 emissions by at least 46% by fiscal 2030 from the fiscal 2016 baseline of 9,282 t-CO₂. By fiscal 2024, it had completed the conversion of all electricity contracts for its own buildings, including the Kanagawa Daiichi Data Center, Sagamino System Laboratory, Miyazakidai System Laboratory, and Oita System Laboratory, to arrangements that are effectively CO₂-free, achieving a 47.3% reduction.」
Achieved a 47.3% reduction against the GHG reduction target, exceeding the fiscal 2030 target of 46%. - FY2024MitigatedAnnual report
「The Company targets a 46% reduction in Scope 1 and 2 GHG emissions from fiscal 2016 levels by 2030 and a 100% reduction by 2050. To integrate these efforts with management, it endorsed the Task Force on Climate-related Financial Disclosures (TCFD) in April 2022 and will improve its governance and initiatives through the PDCA cycle.」
In addition to its GHG reduction targets, TCFD endorsement, and PDCA-based management, the Company achieved a 45.4% reduction from fiscal 2016 levels in fiscal 2023 and continued to address the risks. - FY2022First statedAnnual report
「If the Company is slow to respond to social demands concerning climate change and other issues, the resulting loss of business opportunities could affect the Group's business performance and financial condition.」
Explicitly identified the risk that delays in addressing climate change could result in lost business opportunities as a new material issue.