To assess the risks and opportunities associated with these transitions and physical changes as impacts on each level procurement, direct operations, and product demand, Shimizu initiated a company-wide, cross-organizational Task Force on Climate-related Financial Disclosures Working Group. The Working Group examined the impact and response of the Shimizu Group. Although the quantitative impact has not been determined, the relative impact on business activities was predicted and expressed as three levels: Large, Medium, and Small.