Decarbonization

Basic Policy

To achieve carbon neutrality by 2050, we are promoting activities aimed at virtually eliminating greenhouse gas (GHG) emissions throughout our value chain. To achieve this goal, we will reduce our own GHG emissions by promoting initiatives to conserve energy and introduce renewable energy. We will also work with our suppliers to reduce GHG emissions in the supply chain, thereby contributing to realizing a decarbonized society.

Energy Conservation Efforts

We are working to reduce the energy used in our operations to reduce GHG emissions in Scope 1 and 2, which we can control. In fiscal 2022, we made energy use visible and studied more effective energy-saving activities. As we move forward, we will expand the good practices of our model factory to other sites and promote further energy reductions by creating a global energy conservation plan.

* The result in fiscal 2022 includes a decrease due to the deconsolidation of Alps Logistics Co., Ltd.

Renewable Energy Initiatives

In addition to energy conservation efforts, we are actively expanding the introduction of renewable energy for our electricity. In fiscal 2022, we introduced new solar power generation facilities, mainly at our sites in China, bringing our global power generation capacity to approximately 9 MW. We have also expanded external procurement of electricity derived from renewable energy sources, mainly at our overseas sites, and have promoted the use of certificates, achieving 100% renewable energy at our production sites in Europe. Our goal is to achieve an introduction rate of 60% by 2024 and to convert 100% of the electricity used in our business to renewable energy by 2030.

Solar power installations at the Alps facility in Dalian

Reducing GHG Emissions Throughout the Supply Chain

GHG emissions covered by Scope 3, or the supply chain, account for a significant portion of our GHG emissions. In particular, GHG emissions from purchased raw materials (Category 1) account for most of these emissions. Reduction in this area is essential if we are to achieve carbon neutrality. In fiscal 2022, we started a GHG emissions survey with the cooperation of our suppliers. Based on the results, we will deepen our engagement with suppliers and expand support for specific reductions in the future.

Responding to Environment-Related Initiative

RE100 Initiative	Become a member to realize “100% conversion of electricity used in our business to renewable energy by 2030”
JCLP (Japan Climate Leaders Partnership)	Membership for the purpose of gathering information to achieve the 1.5°C goal
CDP	Rated A- in Climate Change

SBTi: Application for certification pending with clarification of target achievement to achieve carbon neutrality in 2050

Pick-Up Topic

Construction Complete for a New Environmentally Friendly Building

The new R&D building at the Sendai R&D Center (Furukawa), completed in April 2023, is an energy-saving facility with other environmentally friendly features. The building has acquired “Nearly ZEB” certification under the Building-Housing Energy-efficiency Labeling System (BELS) by introducing state-of-the-art technology to optimize the air conditioning load, the amount of outside air introduced, and lighting settings, as well as by introducing equipment that utilizes renewable energy and to realize a 77% energy reduction.

• Decarbonization
• Circular Economy
• Coexistence with Nature
• Pollution Prevention & Chemical Substance Management
• Environmental Policy & Implementation Structure
• TCFD-Based Information Disclosure
• Target / Result
• Environmental Data