TCFD-Based Climate Change Response and Greenhouse Gas Reduction
First written in FY2022-Q1. 4 of 11 entries say "Restated". Latest entry: FY2026.
- FY2026Early achievement of emissions reduction targets reported alongside failure to meet the energy intensity targetAnnual report
「54% reduction versus the fiscal year ended March 2020 in the fiscal year ending March 2026 (target achieved ahead of schedule)」
CO2 emissions from Scope 1 and 2 were reduced ahead of schedule by the fiscal year ending March 2026, achieving the 31% reduction target set for the fiscal year ending March 2027. Meanwhile, energy intensity at domestic manufacturing sites increased by 1.6%, versus the 1% reduction target. - 2026-06-03AdvancedEarnings presentation
「Fiscal year ending March 2026: 54% reduction compared with the fiscal year ended March 2020」
The Company disclosed a 54% reduction in Scope 1 and Scope 2 greenhouse-gas emissions compared with the fiscal year ended March 2020. - FY2025Disclosure of emissions-reduction progress alongside failure to meet the energy-intensity reduction targetAnnual report
「As a result, CO2 emissions for the group as a whole (Scope 1 and 2) were down 49% in the fiscal year ending March 2025 from the fiscal year ended March 2020, indicating steady progress toward the medium- to long-term targets. ... Energy intensity in the domestic group declined by only 0.2%, falling short of the 1% reduction target.」
While disclosing a 49% reduction in Scope 1 and 2 emissions, the company stated that energy intensity in Japan declined by only 0.2%, versus the 1% reduction target. - FY2024RaisedAnnual report
「In the fiscal year ended March 2024, we achieved a 78% reduction in CO2 emissions from our domestic group, exceeding our voluntary target of a 70% reduction (Scope 1 and Scope 2, versus the fiscal year ended March 2014). Going forward, we have set targets of a 31% reduction versus the fiscal year ended March 2020 by the fiscal year ending March 2027 and a 48% reduction versus the fiscal year ended March 2020 by the fiscal year ending March 2031.」
After disclosing that the domestic group achieved a 78% reduction against its previous three-year voluntary target of 70%, the company has set new targets based on a new base year and deadlines: a 31% reduction by the fiscal year ending March 2027 and a 48% reduction by the fiscal year ending March 2031. The carbon tax assumption has also been revised from ¥8,000 to ¥14,500 per t-CO2. - FY2024-Q2RestatedAnnual report
「Promotion of ESG-focused management to realize a sustainable society」
The Company reiterated its policy of making ESG-focused management one of its basic strategies to realize a sustainable society. - FY2023AdvancedAnnual report
「In the fiscal year ended March 2023, the Company discontinued self-generation using gas cogeneration at its Tokai Manufacturing Site and switched to purchased electricity from renewable energy, further advancing decarbonization. For internal carbon pricing, it assumed a carbon tax unit price of ¥8,000/t-CO2 and analyzed the impact on the profitability of each product. It also began calculating and disclosing Scope 3 Categories 1–8 for the domestic Group.」
Regarding climate change response, the Company disclosed specific progress, including the switch from self-generated electricity to electricity from renewable energy, the calculation and disclosure of Scope 3 Categories 1–8, and internal carbon price analysis based on an assumed carbon tax of ¥8,000/t-CO2. - FY2023-Q3RestatedAnnual report
「As energy-saving measures, the Company installed solar power generation equipment, improved boiler operations, increased the efficiency of production machinery and converted lighting fixtures to LEDs, while also advancing the switch to purchased electricity generated from renewable energy. In addition, it advanced internal preparations related to internal carbon pricing.」
The Company continues energy-saving equipment and operational improvements, the switch to electricity from renewable energy and internal preparations for internal carbon pricing. - FY2023-Q2RestatedAnnual report
「As energy-saving measures, the Company installed solar power generation equipment, improved boiler operations, increased the efficiency of production machinery and converted lighting fixtures to LEDs, while also advancing the switch to purchased electricity generated from renewable energy. In addition, it advanced internal preparations related to internal carbon pricing.」
The Company continues energy-saving equipment and operational improvements, the switch to electricity from renewable energy and internal preparations for internal carbon pricing. - FY2023-Q1AdvancedAnnual report
「As energy-saving measures, the Company installed solar power generation equipment, improved boiler operations, increased the efficiency of production machinery and converted lighting fixtures to LEDs, while also advancing the switch to purchased electricity generated from renewable energy. In addition, it advanced internal preparations related to internal carbon pricing.」
Regarding TCFD and climate change response, the Company disclosed specific progress in energy-saving equipment and operational improvements, switching to electricity from renewable energy, and internal preparations for internal carbon pricing. - FY2022-Q3RestatedAnnual report
「The Company analyzes the risks and revenue opportunities arising from various impacts of climate change based on the TCFD recommendations and will contribute to the realization of a sustainable society through the Group’s businesses across the entire supply chain.」
The Company continues to analyze risks and revenue opportunities based on the TCFD recommendations, conserve energy, procure renewable energy and prepare for the introduction of internal carbon pricing. - FY2022-Q1First statedAnnual report
「The Company analyzes the risks and revenue opportunities arising from various impacts of climate change based on the TCFD recommendations and will contribute to the realization of a sustainable society through the Group’s businesses across the entire supply chain.」
The Company stated that it would begin analyzing risks and revenue opportunities based on the TCFD recommendations, conserving energy, procuring renewable energy and preparing to introduce internal carbon pricing. Including renewable energy procurement from fiscal 2021, the Company expects domestic Group greenhouse gas emissions to be reduced by 60% from fiscal 2013 levels.