TOKYO - As nations grapple with the threat of global warming, one thing is clear. Measures to reduce or avoid negative effects are just as important as policy steps to slash greenhouse gas emissions.Many food companies learnt this to their detriment after abnormal weather conditions affected their operations in spring 2017.The primary reason for this was a series of typhoons that wreaked havoc with Hokkaido's potato crop in August 2016.
At that time, Calbee Potato depended on Hokkaido potato farmers for about 80 per cent of the 300,000 tonnes it procured annually from contracted farmers. The Climate Change Adaptation Law that took effect from last December was created to prevent or reduce damage from global warming. The guide encourages companies to weigh the costs and benefits associated with dealing with the procurement of raw materials, as well as the distribution of products and investment, when natural disasters affect their operations.
The action plan reflects severe flooding when the Arakawa river which flows into Tokyo Bay, burst its banks in a typhoon and fears that climate change will continue to cause more damage in the future.
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Tokyo: Stocks open lower ahead of Federal Reserve decision[TOKYO] Tokyo stocks opened lower in cautious trade on Thursday as investors watched for the US Federal Reserve's decision later in the day. Read more at The Business Times.
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