FUSO CHEMICAL CO., LTD.
Climate Impact & Sustainability Data (2022, 2023-04-01 to 2024-03-31)
Reporting Period: 2022
Environmental Metrics
Total Carbon Emissions:80,967 tons (FY2022, Scope 1 and 2)
Scope 1 Emissions:51,208 tCO2e (FY2022)
Scope 2 Emissions:29,760 tCO2e (FY2022)
Scope 3 Emissions:Not disclosed
Renewable Energy Share:Not disclosed
Total Energy Consumption:1,026,265 GJ (Gas) + 416 GJ (Oil) + 92,960 MWh (Electricity) (FY2022)
Water Consumption:3,601,000 m3 (FY2022)
Waste Generated:Not disclosed
Carbon Intensity:Reduced by approximately 46% compared to FY2013.
ESG Focus Areas
- Climate Change
- Health and Productivity
- Diversity and Inclusion
- Supply Chain Sustainability
- Social Contribution
Environmental Achievements
- Reduced emissions intensity by approximately 46% compared to FY2013.
- Received an S ranking in the Business Classification Evaluation System for energy efficiency.
Social Achievements
- Certified as Health and Productivity Management Outstanding Organization for the second consecutive year.
- Certified as “Leading Companies with Actively Participating Women in Osaka City” with a two-star ranking.
- Employee engagement survey showed high engagement, with 65.1% of respondents seeing themselves working at FUSO for a long time.
Governance Achievements
- Established an internal Sustainability Committee to promote sustainability initiatives.
- Joined the United Nations Global Compact.
- Endorsed the TCFD framework.
Climate Goals & Targets
Long-term Goals:
- Not disclosed
Medium-term Goals:
- Achieve 50% overseas sales ratio by FY2025.
- Establish a management system for Scope 3 emissions by FY2025.
Short-term Goals:
- Not disclosed
Environmental Challenges
- Increased CO2 emissions due to large capital expenditure.
- Limited Scope 3 emissions data.
- Need to further improve career development clarity for employees.
Mitigation Strategies
- Focusing on reducing emissions intensity.
- Working on establishing a group-wide management system for Scope 3 emissions.
- Promoting reviews of HR and training systems to improve career development clarity.
Supply Chain Management
Supplier Audits: Top 100 suppliers surveyed in FY2022.
Responsible Procurement
- CSR procurement
Climate-Related Risks & Opportunities
Physical Risks
- Damage to facilities/distribution disruptions due to extreme weather
Transition Risks
- Introduction of carbon taxation
- Changes in raw material prices
Opportunities
- Increased demand for semiconductors and food processing technologies
Reporting Standards
Frameworks Used: GRI Standards, TCFD
Certifications: ISO 9001, FSSC 22000, GMP, KES
Third-party Assurance: EY Ernst & Young ShinNihon LLC
UN Sustainable Development Goals
- Not disclosed
Not disclosed
Sustainable Products & Innovation
- Coated fruit acids
- Well Dough S
Awards & Recognition
- Health and Productivity Management Outstanding Organization Recognition Program 2023
- Leading Companies with Actively Participating Women in Osaka City (two-star ranking)
Reporting Period: 2023-04-01 to 2024-03-31
Environmental Metrics
Total Carbon Emissions:73,561 tons (FY2023, Scope 1 & 2)
Carbon Intensity:Reduced by approximately 45% compared to FY2013.
ESG Focus Areas
- Climate Change
- Health and Productivity
- Diversity & Inclusion
- Supply Chain Sustainability
- Community Engagement
Environmental Achievements
- Reduced emissions intensity by approximately 45% compared to FY2013.
- Achieved S ranking in METI's Business Classification Evaluation System for energy efficiency.
Social Achievements
- Certified as a Health and Productivity Management Organization for three consecutive years (2022-2024).
- Certified as “Leading Companies with Actively Participating Women in Osaka City” (two-star ranking).
- 100% of eligible women took childcare leave in FY2023; 100% returned to work.
- Increased share of women in regular employees to 18.4% in FY2023 (target: at least 18%).
- Increased share of women in leader positions to 11.9% in FY2023 (target: at least 12%).
Governance Achievements
- Established an internal Sustainability Committee.
- Established the Safety & Environment Management Department.
- Consistently high regular medical checkup rate (100%).
- Improved stress check rate to 89.6% in FY2023.
Climate Goals & Targets
Long-term Goals:
- Summarize approach toward carbon neutrality from FY2030 to FY2050.
Medium-term Goals:
- Develop a specific strategy for CO2 emissions beyond FY2025.
- Raise the share of female workers in regular employees to at least 18% (by FY2025).
- Raise the share of female workers in leader positions to at least 12% (by FY2025).
- Raise the share of men who have taken childcare leave to at least 10% (by FY2025).
Short-term Goals:
- Continue to reduce emissions intensity.
Environmental Challenges
- Increased CO2 emissions due to large capital expenditure.
- Potential financial impact from climate change (wind, water damage).
- Maintaining growth while addressing climate change risks.
- Securing human resources in a competitive market.
Mitigation Strategies
- Focus on reducing emissions intensity.
- Partial insurance coverage for climate change-related damage.
- Developing a specific CO2 emissions strategy for beyond FY2025.
- Investing in equipment to meet partner demands.
- Implementing a recruitment management system and using direct/referral recruiting.
Supply Chain Management
Supplier Audits: CSR survey conducted for top 100 suppliers in FY2022.
Responsible Procurement
- CSR procurement mentioned, details not specified.
Climate-Related Risks & Opportunities
Physical Risks
- Damage to facilities/distribution disruptions due to extreme weather.
Transition Risks
- Introduction of carbon taxation.
- Changes in raw material prices.
Opportunities
- Increased demand for semiconductors and food processing technologies.
Reporting Standards
Frameworks Used: TCFD, GRI Standards
Certifications: ISO 9001, FSSC 22000, GMP (Shin-Osaka Office), KES (Kyoto Plant, Shin-Osaka Office, Osaka Factory, Juso Factory, Kashima Plant)
Third-party Assurance: Third-party assurance mentioned, details to be published on website by October.
Sustainable Products & Innovation
- Coated fruit acids (new features, FSSC22000 certified).
- Bio stimulants (reduce plant damage from climate/soil conditions).
Awards & Recognition
- Health and Productivity Management Organization certification (2022-2024).
- Leading Companies with Actively Participating Women in Osaka City certification.