Environment
OKI announced its support for the TCFD in May 2019 from a perspective of a positive economic and environmental cycle. Along with systemically managing climate-related risks, opportunities, and countermeasures for them, OKI aims to enhance information disclosure about these efforts.
Governance |
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Strategy |
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Risk Management |
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Indicators/Targets |
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As societal changes to limit the increase in temperatures below 1.5°C progress, there will be changes in laws for decar-bonization, technological progress, and market needs. We expect that there will be rising demand for OKI’s decarbon-ization solutions. If temperatures rise 3 to 4°C, there will be increased physical risks from intense disasters due to the impact of climate change. It is possible that severe impact will hit the supply chain, including OKI’s own sites. Needs are also expected to rise for disaster information systems that serve to prevent severe damage.
Scenario Analysis | Strategy/Initiatives | ||||
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Category | Expected Phenomena |
Risk/ Opportunity |
Impact on Future Finances |
Time frame*3 | |
1.5˚C climatechange scenario*1(transitional risks) | Need for decarbonization increases further and spreads | Risk |
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short-term |
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mid-term | ||||
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short-term | ||||
opportunity |
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short-term |
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4˚C climatechange scenario*2(physical risks) | Abnormal weather becomes more frequent and intensifies (increased typhoons/flooding, extreme heat and cold, increased lightning) | Risk |
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short-term |
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short-term | ||||
opportunity |
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mid-term |
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Prevention of pollution through chemicals | Expansion and complication of laws and regulations for substances | Risk |
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short-term |
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opportunity |
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short-term | Product: Deployment of survey systems and analysis services for chemicals in products | ||
Resource circulation | Strengthening of laws and regulations for oceanic plastics and microplastics | Risk |
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mid-term |
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opportunity |
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mid-term |
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