Climate Change Data

Environmental Metrics

ESG Focus Areas

• Environmental Conservation
• Social Impact
• Economic Development
• Safety

Environmental Achievements

• Implementation of measures to reduce the environmental impact of construction, including using low-noise and low-vibration machinery, treating wastewater, and avoiding damage to important plant species.
• Basic agreement with a power generation company to reduce water withdrawal and return it to the Oi River.

Social Achievements

• Chuo Shinkansen project aims to drastically improve travel time between major cities, stimulating economic activity and improving societal convenience.
• Progress in land acquisition for the Shinagawa-Nagoya section (approx. 80% complete at end of June 2024).
• Progress in finding entities to use excavated soil (approx. 80% of the amount as of end of March 2024).

Governance Achievements

• Consultation with the Ministry of Land, Infrastructure, Transport and Tourism to ensure that the principles of a privately owned company are not hindered by the application of the Nationwide Shinkansen Railway Development Act.
• Approval of the Construction Implementation Plan (Part 3) for the Shinagawa-Nagoya section in December 2023.

Climate Goals & Targets

Environmental Challenges

• Delay in the start of tunnel drilling work in the Shizuoka section due to lack of agreement with Shizuoka Prefecture and other parties.
• Concerns regarding the impact on water resources of the Oi River.
• Cost increase for the Shinagawa-Nagoya section (from 5.52 trillion yen to 7.04 trillion yen).

Mitigation Strategies

• Ongoing discussions and efforts to gain understanding and cooperation from local communities regarding the Shizuoka section.
• Implementation of specific risk responses and monitoring for the Oi River water resources.
• Thorough examination of costs and demonstration of flexibility to ensure the project's successful completion.

Supply Chain Management

Climate-Related Risks & Opportunities