Climate Change Data

ALTECH Co.,Ltd.

Climate Impact & Sustainability Data (2023, 2023-12 to 2023-11)

Reporting Period: 2023

Environmental Metrics

Total Carbon Emissions:37,973 t-CO2 (scope1・2) *As of November 30, 2022
Scope 1 Emissions:Not disclosed
Scope 2 Emissions:Not disclosed
Scope 3 Emissions:Not disclosed
Renewable Energy Share:Not disclosed
Total Energy Consumption:Not disclosed
Water Consumption:Not disclosed
Waste Generated:Not disclosed
Carbon Intensity:Not disclosed

ESG Focus Areas

  • Sustainability
  • Environmental issues
  • ESG management

Environmental Achievements

  • Installation of 1,200 solar panels at Altech New Materials (Suzhou) factory, generating approximately 450 kilowatts of solar power.
  • Development of innovative, environmentally friendly paper forming machine with significant power savings and reduced water usage.
  • Completed a production facility for high-quality, food container-grade recycled PET resin using flakes from used PET bottles.

Social Achievements

  • Partnership with JR BUS KANTO CO.,LTD. to jointly develop EV buses.
  • Establishment of a production base for recycled materials in China.
  • Not disclosed

Governance Achievements

  • Not disclosed

Climate Goals & Targets

Long-term Goals:
  • Not disclosed
Medium-term Goals:
  • Net sales of 20 billion yen by FY2025
  • Operating income of 1 billion yen by FY2025
  • Operating profit ratio of 5.0% or more by FY2025
  • ROE of 8.0% or more by FY2025
Short-term Goals:
  • Not disclosed

Environmental Challenges

  • Increase in material costs in the preform business.
  • Start-up expenses for new business.
  • Challenging business environment in preform business.
Mitigation Strategies
  • Thorough cost control in trading business.
  • Appropriate sales and inventory countermeasures in preform business.
  • Focus on early start of full-scale operations in recycled pellet-related business.

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement
  • Environmentally and socially conscious procurement and supply

Climate-Related Risks & Opportunities

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

Reporting Standards

Frameworks Used: Null

Certifications: SBT certification

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

  • Not disclosed

Not disclosed

Sustainable Products & Innovation

  • Small nonstep electric buses
  • Crestron’s conferencing solutions
  • Innovative, environmentally friendly paper forming machine
  • Recycled PET resin

Awards & Recognition

  • Not disclosed

Reporting Period: 2023-12 to 2023-11

Environmental Metrics

Total Carbon Emissions:37,973 t-CO2 (scope1・2)
Scope 1 Emissions:Not disclosed
Scope 2 Emissions:Not disclosed
Scope 3 Emissions:Not disclosed
Renewable Energy Share:Not disclosed
Total Energy Consumption:Not disclosed
Water Consumption:Not disclosed
Waste Generated:Not disclosed
Carbon Intensity:Not disclosed

ESG Focus Areas

  • Environmental Sustainability
  • Circular Economy
  • Social Responsibility
  • Governance

Environmental Achievements

  • Introduced solar power generation equipment at the factory roof of ALTECH Shinzai Co., Ltd. in April 2023, with approximately 450 kilowatts of solar power generation equipment.
  • Completed an innovative recycled PET resin production facility equipped with an LSP (liquid-phase polymerization) device as part of the "bottle-to-bottle" initiative.
  • Developed a paper-based molding machine that uses patented dry paper forming technology, reducing water usage and CO2 emissions.

Social Achievements

  • Established a partnership with JR Bus Kanto Co., Ltd. to jointly develop and import/sell EV buses.
  • Contributed to the promotion of a circular economy in China by constructing a recycling material production base.
  • Implemented initiatives to improve employee wellbeing and create a more engaging work environment (details not quantified).

Governance Achievements

  • Not disclosed

Climate Goals & Targets

Long-term Goals:
  • Not disclosed
Medium-term Goals:
  • Achieve an operating profit of 20 billion yen and an operating profit margin of 8% or more (FY2021-FY2025).
Short-term Goals:
  • Not disclosed

Environmental Challenges

  • Increased material costs in the preform business due to global resource price increases.
  • Start-up costs for new businesses.
  • Delays in the start-up of operations at the newly consolidated subsidiary, Liupanshui Pucheng Environmental Protection Technology Co., Ltd.
Mitigation Strategies
  • Cost control measures in the trading business.
  • Appropriate sales and inventory management in the preform business.
  • Efforts to achieve early full-scale operation of the recycled pellet-related business.
  • Focus on securing new sales in new business areas and stable earnings in existing business areas (trading business).

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement
  • Not disclosed

Climate-Related Risks & Opportunities

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

Reporting Standards

Frameworks Used: Null

Certifications: SBT (Science Based Targets) for CO2 emissions

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

  • Not disclosed

Not disclosed

Sustainable Products & Innovation

  • Recycled PET resin, paper-based molding machine, and energy-efficient solutions.

Awards & Recognition

  • Not disclosed