Climate Change Data

MITSUBA Corporation

Climate Impact & Sustainability Data (2020-04 to 2023-03, 2022-04 to 2023-03, 2023-04 to 2024-03)

Reporting Period: 2020-04 to 2023-03

Environmental Metrics

Total Carbon Emissions:2,020,183 tCO2e/year (2023)
Scope 1 Emissions:11,704 tCO2e/year (2023)
Scope 2 Emissions:139,000 tCO2e/year (2023)
Scope 3 Emissions:1,869,479 tCO2e/year (2023)
Renewable Energy Share:Not disclosed
Total Energy Consumption:Not disclosed
Water Consumption:1,247 Mℓ/year (2023)
Waste Generated:50,375 tons/year (2023)
Carbon Intensity:Not disclosed

ESG Focus Areas

  • Greenhouse gas emissions
  • Resource recycling
  • Water resources
  • Waste management
  • Employee well-being
  • Workforce diversity
  • Occupational health and safety
  • Compliance

Environmental Achievements

  • Improved waste recycling rate from 94% in 2020 to 96% in 2023
  • Reduction in water pollutant volume (BOD) from 1.6t in 2020 to 0.9t in 2023
  • Increased solar power generation from 2,742 MWh in 2020 to 2,840 MWh in 2023

Social Achievements

  • Increased training hours per employee from 7.5 hours in 2020 to 18.1 hours in 2023
  • Improved reemployment rate after retirement from 69.4% in 2020 to 89.8% in 2023
  • Increased number of employees taking childcare leave

Governance Achievements

  • Establishment of an external consultation desk (law firm) as part of the “MITSUBA Comprehensive Consultation Desk”
  • Increased utilization of the MITSUBA Comprehensive Consultation Desk from 2 items in 2020 to 24 items in 2023

Climate Goals & Targets

Long-term Goals:
  • Not disclosed
Medium-term Goals:
  • Not disclosed
Short-term Goals:
  • Not disclosed

Environmental Challenges

  • Reducing greenhouse gas emissions (Scope 1, 2, and 3)
  • Maintaining high waste recycling rates
  • Reducing occupational accidents
Mitigation Strategies
  • Implementing various initiatives to reduce emissions and improve resource efficiency
  • Continuous improvement in waste management practices
  • Focus on occupational health and safety programs

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement
  • Not disclosed

Climate-Related Risks & Opportunities

Physical Risks
  • Not disclosed
Transition Risks
  • Not disclosed
Opportunities
  • Not disclosed

Reporting Standards

Frameworks Used: Null

Certifications: Null

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

  • Not disclosed

Not disclosed

Sustainable Products & Innovation

  • Not disclosed

Awards & Recognition

  • Not disclosed

Reporting Period: 2022-04 to 2023-03

Environmental Metrics

Total Carbon Emissions:147,377 t-CO2e/year (Scope 1 & 2)
Scope 1 Emissions:11,163 t-CO2e/year
Scope 2 Emissions:136,214 t-CO2e/year
Scope 3 Emissions:1,074,241 t-CO2e/year
Renewable Energy Share:Not disclosed
Total Energy Consumption:Not disclosed
Water Consumption:1,240 Mℓ/year
Waste Generated:50,570 tons/year
Carbon Intensity:Not disclosed

ESG Focus Areas

  • Carbon Neutrality
  • Sustainable Resource Saving
  • Reduction of Use of Hazardous Substances
  • Maximization of Human Capital
  • Increase of Job Satisfaction
  • Occupational Safety and Health
  • Strengthening of Information Security
  • Compliance
  • Risk Management
  • Sustainable Purchasing

Environmental Achievements

  • Reduced Group CO2 emissions by 12% compared to FY2018
  • Waste recycling rate of 94.7% in FY2023
  • Solar power generation of 2,640 MWh

Social Achievements

  • Zero lost-time injuries and 8 or less non-lost-time injuries in FY2023
  • Received 2023 Certified Health and Productivity Management Organization certification
  • Established in-house daycare center (Ohisama Garden)

Governance Achievements

  • Established the ESG Committee
  • Acquired ISO 14001 certification at 24 companies (98% of sales)
  • Established the “MITSUBA Comprehensive Consultation Desk” for reporting and consultation

Climate Goals & Targets

Long-term Goals:
  • Achieve carbon neutrality for the entire lifecycle by 2050
Medium-term Goals:
  • Reduce Scope 1 and 2 emissions by 50% by 2030
  • Achieve a waste recycling rate of 90% or more
Short-term Goals:
  • Reduce Scope 1 and 2 emissions by 9% by 2024

Environmental Challenges

  • Reducing CO2 emissions throughout the entire supply chain
  • Maintaining a safe and healthy working environment
  • Strengthening information security in a rapidly digitalizing world
  • Managing risks related to natural disasters, pandemics, and geopolitical instability
Mitigation Strategies
  • Established the Carbon Neutral Committee
  • Implemented various health and productivity management measures
  • Established a Basic Policy on Information Security and implemented multi-layered security measures
  • Established the “Rules for Compliance and Risk Management in MITSUBA Group” and developed a Business Continuity Plan (BCP)

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement
  • MITSUBA Group CSR Purchasing Policy
  • MITSUBA Group Green Purchasing Guideline
  • Initiatives not to use raw materials or products derived from conflict minerals
  • Requirement for business partners to use RMI-certified smelters

Climate-Related Risks & Opportunities

Physical Risks
  • Not disclosed
Transition Risks
  • Not disclosed
Opportunities
  • Development of energy-efficient products

Reporting Standards

Frameworks Used: GRI Sustainability Reporting Standards, SASB Sustainability Accounting Standards Board (Automotive Parts), TCFD, Ministry of the Environment “Environmental Reporting Guidelines 2018”

Certifications: ISO 14001

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

  • Not disclosed

Not disclosed

Sustainable Products & Innovation

  • Not disclosed

Awards & Recognition

  • 2023 Certified Health and Productivity Management Organization
  • 2023 Commendation for Science and Technology by the Ministry of Education, Culture, Sports, Science and Technology

Reporting Period: 2023-04 to 2024-03

Environmental Metrics

Total Carbon Emissions:2,020,183 t-CO2e/year
Scope 1 Emissions:11,704 t-CO2e/year
Scope 2 Emissions:139,000 t-CO2e/year
Scope 3 Emissions:1,869,479 t-CO2e/year
Total Energy Consumption:924 TJ/year
Water Consumption:1,247 Mℓ/year
Waste Generated:50,375 tons/year

ESG Focus Areas

  • Carbon Neutrality
  • Efficient Use of Resources
  • Reduction of Use of Hazardous Substances
  • Maximization of Human Capital
  • Strengthening of Group Management Governance
  • Sustainable Procurement

Environmental Achievements

  • Group-wide CO2 emissions reduced by 10% compared to FY2018
  • Group waste recycling rate of 96.4%
  • Group-wide water consumption of 1,247 ML
  • Zero serious violations of environmental laws

Social Achievements

  • Promotion of 10 or more women to managerial positions
  • Improvement of employee engagement
  • Number of occupational accidents at MITSUBA: 4 or less (2022 data)
  • Number of occupational accidents at affiliated companies: 4 or less (2023 data)

Governance Achievements

  • Completion of medium-term BCP action plan
  • Completion of deployment of BCP system and regulations to domestic and overseas Group companies
  • Reviewing of CSR Procurement Guideline and conducting of training

Climate Goals & Targets

Long-term Goals:
  • Achieve carbon neutrality from a life cycle perspective by 2046
Medium-term Goals:
  • Scope 1 and 2: 50% reduction by 2030
  • Recycling rate: 90% or higher by 2030
  • Water intake: 1,376 ML or lower by 2030
Short-term Goals:
  • Reduce CO2 emissions by 9.0%

Environmental Challenges

  • Increase in costs due to environmental changes
  • Increase in market share of Chinese manufacturers
  • Intensifying cost competitiveness
  • Decrease in product demand due to decline in ICE (Internal Combustion Engine) vehicles
  • Increase in costs due to the introduced carbon tax
  • Increase in procurement costs due to the growing demand for CO2 reduction
  • Increase in energy costs due to the expansion of renewable energy
Mitigation Strategies
  • Strengthening of the cost competitiveness through price optimization and structural reforms
  • Superior layout flexibility by compact and lightweight design
  • Shifting to OEMs, from which earnings can be expected by selection and concentration
  • Launching of new compact and lightweight system on the market
  • Reduction of business shadow costs by switching to energy-efficient production equipment
  • Reduction of business operation costs through more efficient production and logistics
  • Reducing CO2 emissions throughout the supply chain
  • Improving disaster countermeasures throughout the supply chain

Supply Chain Management

Responsible Procurement
  • MITSUBA Group CSR Procurement Policy
  • MITSUBA Group Green Procurement Guideline

Climate-Related Risks & Opportunities

Physical Risks
  • Damages caused by abnormal weather and its impact on operations
Transition Risks
  • Increase in costs due to the introduced carbon tax
  • Increase in procurement costs due to the growing demand for CO2 reduction
  • Increase in energy costs due to the expansion of renewable energy
Opportunities
  • Reduction of business shadow costs by switching to energy-efficient production equipment
  • Reduction of business operation costs through more efficient production and logistics
  • Reducing CO2 emissions throughout the supply chain

Reporting Standards

Frameworks Used: GRI Sustainability Reporting Standards, SASB Sustainability Accounting Standards Board (Automotive Parts), Ministry of the Environment “Environmental Reporting Guideline 2018”

Certifications: ISO 14001

Sustainable Products & Innovation

  • World's first brushless control wiper motor system
  • Proximity link wiper system

Awards & Recognition

  • 11 quality-related awards (FY2023)
  • Grand prize in the “Mental and Physical Health Promotion Category” at the TFTAwards 2023
  • Certified Health and Productivity Management Organization (two consecutive years)