Sustainable Value 2023 Key Goals and Progress

Material Issues

Targets for the fiscal year ending March 31, 2024
The fiscal year ended March 31, 2023
Results Self-evaluation, issues, measures, etc.
Reduce CO2 emissions from business activities
  • 45.5 (thousand metric tons CO2e)
    10% reduction compared with FY2019
  • Continual activity toward our SBT (Scope1 + Scope2): 30% reduction by the end of FY2030
23.9 (thousand metric tons CO2e)
52.7% reduction compared with FY2019
Substantial reductions were achieved mainly as a result of the introduction of renewable energy at Hikone Plant and other facilities. Other measures are under consideration, such as introducing renewable energy at other sites, promoting energy-saving of equipment, and installing energy generation/storage solutions.
Reduce CO2 emissions from the use of sold products
  • 2,395 (thousand metric tons CO2e)
    8% reduction compared with FY2019
  • Continual activity toward our SBT (Scope 3):
    20% reduction by the end of FY2030
2,577 (thousand metric tons CO2e)
0.9% reduction compared with FY2019
Emissions remained unchanged despite the increase in product sales, but to achieve the target, we should accelerate the development of products conducive to improving energy efficiency.
Reduce the volume of waste generated, promote recycling
  • 188 (kg/metric tons) 5% reduction compared with FY2019
  • Waste generated in business activities (in intensity per unit weight of product shipments)
172 (kg/metric tons)
13.0% reduction compared with FY2019
Our promotions (e.g., recycling waste plastic) led to reduced waste generated volumes and higher recycling rates.
Promote effective water use
  • 246 (m3/metric tons) 5% reduction compared with FY2019
  • Business operating site water withdrawal for service water, industrial water, etc. (in intensity per unit weight of product shipments)
230 (m3/metric tons)
11.1% reduction compared with FY2019
Although total water withdrawal slightly increased due mainly to the impact of the establishment of a new factory, our efficient production systems enabled us to achieve reductions in water withdrawal per unit weight of product shipments above the target.
Human Resources Promotion of measures to develop solution creators
  • Enhance systems and measures that provide a tangible sense of growth
  • Create an environment that supports the hiring and development of diverse human resources and enables them to succeed
  • Apply sustainable new work styles
  • Conducted Group-wide engagement and individual surveys
  • Expanded training for cultivating next-generation business leaders
  • Conducted programs for women’s empowerment
  • Enhanced the work-at-home system to promote work-life balance
We are continuing our work to create a sustainable environment in which any skilled employee can feel engaged and make an ongoing contribution regardless of their diverse attributes. Measures to develop solution creators are underway, based on analyses of Group-wide surveys.
Enhance industry-academia-government collaboration and community collaboration
  • Advance various collaborative projects through cooperation with government agencies, educational institutions, etc.
  • Worked with the Lake Biwa Museum and Seian University of Art and Design to develop biodiversity-themed educational game materials for children
  • Implemented a capstone project with Kyoto University of Advanced Science
By working more closely with government agencies and educational institutions, we are promoting collaborations that will benefit all parties (industry, academia, and government) over the medium to long term.
Identify key risks and reduce risks
  • Identify risks to corporate value and minimize their impact
Lowered the rating of five out of the seven key Group risks through the activities of the Group Risk Management Committee, consisting mainly of HD Management Committee members We have strengthened support through our second line of defense in dealing with the key Group risks identified at the beginning of the fiscal year, especially those in the four business operating companies.
Expand CSR initiatives in the supply chain
  • Pursue ongoing strengthening of our supply chain management system, including widespread adoption of our Code of Conduct, procurement practices and BCP
Built a sustainability website for major suppliers such as top by transaction value (launched in June 2023) We strive to assess the situation through various surveys and promote supply chain sustainability in cooperation with local governments and other companies.
Enhance resilience to increasingly severe natural disasters
  • Improve the resilience of the Group’s business continuity planning in the face of increasingly diverse disaster risks
  • Revised and expanded rules and manuals, and accelerated the establishment of an effective BCP system that covers domestic and overseas sites
  • Conducted a large-scale comprehensive drill for the Group Emergency Headquarters
We are considering improvements to our IT systems, including those in the supply chain, to increase the speed and reliability of our IMP and BCP structures.