Sustainable Value 2023 Key Goals and Progress
The SCREEN Group formulated Sustainable Value 2023 as a plan for enhancing its social value. Specifically, the plan sought to live up to the expectations and trust of our diverse stakeholders and fulfill our corporate social responsibility while proactively implementing initiatives to address environmental, social, and governance (ESG) issues through our business activities. Under the plan, we implemented a wide range of initiatives. The plan’s targets for each sustainability-related key issue and the results of related initiatives are shown below.
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Fiscal year ended March 31, 2024 | ||
Results | Self-evaluation, issues, measures, etc. ✓: Achieved; ✕: Not achieved |
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Reduce GHG emissions from business activities (Scope 1, 2) |
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45.5% reduction compared with FY2019/03 27.5 thousand metric tons CO2e |
✓ | Substantial reductions were achieved mainly as a result of the introduction of renewable energy at the Head Office, Hikone Site, Taga Site, and other facilities. Working toward carbon neutrality, in January 2024 we received renewed approval from SBTi of our targets as consistent with limiting the global temperature rise to 1.5°C.2 |
Reduce GHG emissions from the use of sold products (Scope 3 category 11) |
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13.7% reduction compared with FY2019/03 2,247 thousand metric tons CO2e |
✓ | An increase in the sales ratio of products that have high environmental performance. |
Reduce the volume of waste generated, promote recycling |
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10.1% increase compared with FY2019/03 218 kg/metric ton |
× | Results reflected changes in the product mix, despite efforts to turn waste materials into valuable materials and reduce waste. |
Promote effective water use |
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15.4% increase compared with FY2019/03 299 m3/metric ton |
× | Total water withdrawal volume increased slightly, reflecting the expansion of production facilities, despite efforts to improve production efficiency at R&D and manufacturing sites. Results were also impacted by changes in the product shipment mix. |
Human resources | Promotion of measures to develop solution creators
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✓ | Through town hall meetings with approximately 2,700 employees, understanding of and resonance with the corporate philosophy and goal of becoming a solution creator surpassed 90%. We defined the attitudes required of a solution creator to guide day-to-day action. We also advanced efforts to enable diverse talent, including highly skilled specialists and highly experienced senior employees, to fully utilize their abilities. |
Enhance industry-academia-government collaboration and community collaboration |
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✓ | We reinforced collaboration with government agencies and educational institutions. We will continue to promote industry-academia-government collaboration that benefits all parties over the medium to long term. |
Identify key risks and reduce risks |
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✓ | Adopted company-wide common risk assessment criteria and implemented improvements, such as reinforcing support from the second line of defense. |
Enhance resilience to increasingly severe natural disasters |
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✓ | Completed the establishment of BCM rules and BCPs at all global group companies; used drills to practice disaster response and make revisions to improve their practicality. |
Promote social responsibility in the supply chain |
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✓ | Built new supply chain frameworks. Strengthened supply chain sustainability by reinforcing communication and coordination. |
- SBT: Greenhouse gas (GHG) emissions reduction target approved in April 2020 by the Science Based Targets initiative (SBTi) as being consistent with levels required to keep the global temperature rise to well below 2°C.
- SCREEN Receives Renewed Approval from Science Based Targets Initiative