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Risk
Management

For disclosure based on TCFD

In order to understand the risks, opportunities, and impacts of future climate change on our business activities, we predicted and analyzed changes in the external environment in accordance with the framework proposed by the Task Force on Climate-related Financial Disclosures (TCFD). As a result, we perceive that there are significant opportunities in our business domains, represented by the potential rise in demand for cloud services, and on the other hand the risks are relatively small. On the opportunity front, we will explore possibilities of expanding our business scope, whereas on the risk front, we will minimize exposure while assessing cost-effectiveness.
*We support TCFD, and Join TCFD Consortium Japan.

Governance

The Company has set up the Compliance and Risk Management Committee and Sustainability Committee under the Board of Directors. Both are composed of members appointed by the board, and chaired by the Representative Director,President and CEO.The Compliance and Risk Management Committee (hereinafter referred to as the “Risk Committee”) oversees risk management, instructs countermeasures to departments responsible for respective risks, and reports the situation to the Board of Directors. Meanwhile, the Sustainability Committee oversees climate change risks, instructs countermeasures to departments responsible for respective risks, and together with the Risk Committee reports the situation to the Board of Directors. The Internal Audit Office checks and supervises the overall risk management structure and status from an independent standpoint.

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Strategies

We have identified the following risks and opportunities related to climate change.

 ScenarioRisk or
Opportunity
for the
Company
Impact
Level
Countermeasures
Transitional
Risks
Policy and
Regulatory
Risk
Introduction of
carbon tax
Increased tax burden due to
carbon tax
SmallReduce greenhouse gas (GHG)
emissions
Market
Risk
Rise in renewable
energy prices
Increased cost burden for
procuring renewable energy
SmallReduce costs by diversifying and
optimizing power suppliers
Reputational
Risk
Accelerated ESG
investments
Difficulty raising funds
Reputational Accelerated ESG
from financial institutions
investments and investors
if climate change measures are
evaluated as inadequate
SmallEnhance information disclosure
and engage in appropriate dialogue
with financial institutions
and investors
Physical
Risks
Acute RiskIntensification
of natural disasters
Outage of data center Damages
to the office
and Medium employees
MediumStrengthen business continuity plans
(BCPs) (including dispersing risks
of facility damages
and promoting offsite measures)
OpportunitiesProduct/
Service
Accelerated DXIncreased demand for cloud
services
Large
Risk Management

In order to understand and evaluate the impact of climate change on the Group’s business, we analyze scenarios and identify related risks and opportunities. Risks and opportunities that are identified are monitored by the Sustainability Committee in collaboration with the Risk Committee. There is also a process flow in which reports and recommendations are made to the Board of Directors depending on the gravity of the case.

Indicators and Goals

We calculate GHG emissions as an indicator for climate change. Scope 1 and 2 emissions are currently as follows.

Scope 1
0(t-CO2
Scope 2(location basis)
370(t-CO2

We have also been using 100% renewable electricity at our headquarters since 2021, and at our Tokai Branch and Nagoya development base since 2022. We will continue to consider ways to reduce emissions at each of our locations.

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