Unipres : TCFD Report 2023 (956KB)

TCFD Report 2023

June 6, 2023

（Reference）TCFD Recommendations

Item	Overview	Recommended disclosures
		a) Supervisory system of the Board of Directors on risks and
1.Governance	Governance of the organization on climate-	opportunities.
related risks and opportunities.
b) The role of management in assessing and managing risks and
		opportunities.
		a) Short-, medium- and long-term risks and opportunities.
	Organizational climate-related risks and
	b) Impact on business, strategy and financial condition.
2.Strategy	opportunities and their impact on business,
	strategy and finances.	c) Resilience of organizational strategies that take into account
		various climate scenarios, such as the 2°C target.
		a) Process of identifying and assessing climate-related risks.
3.Risk	Status of identification, evaluation and
b) Climate-related risk management process.
Management	management of climate-related risks.
		c) Integration into organization-wide risk management.
		a) Indicators used to manage climate-related risks and
	Indicators and targets used to assess and	opportunities.
4. Metrics	b) Targets and achievements for managing climate-related risks
manage climate-related risks and
and Targets
opportunities.	and opportunities.
		c) Greenhouse gas emissions (Scope1,2,3)

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Source：TCFD Consortium"Guidance on Climate-related Financial Disclosures 2.0.(TCFD Guidance 2.02)"

Entities Concerned with Climate-related

＜Governance＞Risks and Opportunities

At the Unipres Group, the Sustainability Committee works on issues related to climate change, with the work of assessing and managing climate-related risks and opportunities being delegated to the Environment Committee because of its specialty nature. The President, who assumes the chair of the Sustainability Committee, has the primary responsibility of addressing issues surrounding sustainability. The Sustainability Committee meets about four times a year and reports the results of deliberation at such meetings to the Board of Directors at least once in a quarter.

The Board of Directors directs, supervises, and monitors business execution with regard to every measure aimed at addressing matters related to climate change in line with our medium- and long-term sustainability goals. The primary responsibility for such direction, supervision, and monitoring regarding sustainability issues, including climate-related issues, rests with the chair of the Board of Directors.

	Entities		Roles	Meeting
	concerned		frequency
	Board of	- Directing, supervising, and monitoring	12 times
	the adoption and execution of our
	Directors	/year
	business planning with regard to ESG
		- Deciding on policies and strategies for
		ESG activities
	Sustainability	- Setting targets, checking progress,	4 times
	Committee	and assessing activities	/year
		- Studying other important matters
		needed to promote ESG
	Environment	- Executing plans regarding	4 times
	Committee	environment-related matters	/year
	Risk	- Assessing and analyzing enterprise	4 times
	Management	risks and implementing activities
	/year
	Committee	designed to reduce them
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＜Strategy＞Scenario Analysis

■ Conditions for Analysis
The Unipres Group has analyzed two scenarios-a below 2°C
scenario and a 4°C scenario-as recommended by TCFD. The
idea is to find out what business challenges could manifest
themselves in anticipation of an uncertain future associated
with a transition to a decarbonized society.
The scenario analyses cover two periods consistent with our
CO₂ emissions reduction targets-one up to 2030 and the
other up to 2050-with all our businesses, including our
offices and plants overseas, being examined. These analyses
encompass not only our direct operations but also our entire
supply chain that covers everything from material
procurement to transportation, in addition to our customers.	Source ：IPCC_AR6_WGI_Full_Report

Scenario

Risk

Reference

value

Expected environment

	the Below 2°C	Physical	SSP1-1.9	A scenario in which new policies and regulations aimed at decarbonizing society will keep
		SSP1-2.6	global warming below 2°C from pre-industrial levels. This scenario entails higher transition
	Scenario				risks but lower physical risks than the 4°C scenario.
	Transition	IEA	SDS
	the 4°C	Physical	SSP5-8.5	A scenario in which only ongoing and already announced policies will be implemented. Without
				no new policies or regulations, global CO₂ emissions will continue to grow. This scenario entails
	Scenario
	Transition	IEA	STEPS	lower transition risks but higher physical risks.
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＜Strategy＞ A World under the Below 2°C Scenario

Expected impacts on the business climate surrounding Unipres in 2030:

Sellers (Suppliers)

• Changes in meteorological events due to rising temperatures are likely to disrupt distribution networks but the impacts are limited

New Entrants

• Closer international cooperation and smaller regional disparities may give rise to new manufacturing entrants from what are now emerging economies

Unipres (Us)

• Sustainability-consciousprocurement and manufacturing are a must for securing distribution networks
• Physical impacts of disasters on our manufacturing bases
• More investment in low-carbon and similar technologies

Buyers (Customers)

• Greater need to cope with climate change, including greater demand for green products
• Strong calls for reduced emissions from value chains as well as for lower costs
• Stronger calls for lighter and stronger finished products (vehicles)

Government

• Effective low-carbon policies for firms
• Introduction of Carbon pricing
• More extensive preferential policies for renewables, energy saving, and energy storage
• Stricter regulations on waste plastics and resource recycling

Substitute Products

• Substitute products are unlikely to come out as far as the products we put on the market in this business domain

Investors & Financial

Institutions

• Growing expectations for ESG investment (growing calls for more climate action and disclosure)

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