Climate Change Data

COSEL Co., Ltd.

Climate Impact & Sustainability Data (2022-05-21 to 2023-05-20, 2023-05-21 to 2024-05-20)

Reporting Period: 2022-05-21 to 2023-05-20

Environmental Metrics

Total Carbon Emissions:2270 tCO2e/year
Scope 1 Emissions:Not disclosed
Scope 2 Emissions:Not disclosed
Scope 3 Emissions:Not disclosed
Renewable Energy Share:20.3% (R&D center 100%)
Total Energy Consumption:5145408 kWh/year
Water Consumption:Not disclosed
Waste Generated:258.2 tons/year
Carbon Intensity:Not disclosed

ESG Focus Areas

  • Climate Change
  • Diversity & Inclusion
  • Governance
  • Employee Engagement
  • Supply Chain Responsibility

Environmental Achievements

  • Reduced CO2 emissions by 697 t-CO2 (23.5%) compared to the previous year.
  • Achieved a 97.3% recycling rate.
  • Transitioned to EHP air conditioning systems, eliminating LPG usage at the Tateyama factory.

Social Achievements

  • Implemented a new personnel system based on role and performance, promoting fair treatment.
  • Increased the percentage of women in managerial positions to 4.76%.
  • Increased the rate of male employees taking childcare leave to 50%.

Governance Achievements

  • Transitioned to a company with an audit and supervisory board.
  • Established a Nomination and Compensation Committee.
  • Implemented a compliance manual.

Climate Goals & Targets

Long-term Goals:
  • Not disclosed
Medium-term Goals:
  • Reduce CO2 emissions by 70% by 2030 (compared to 2020).
Short-term Goals:
  • Not disclosed

Environmental Challenges

  • Global supply chain disruptions.
  • Securing skilled engineers in a competitive market.
  • Maintaining high employee engagement in an uncertain economic climate.
Mitigation Strategies
  • Strengthening supply chain resilience through BCM initiatives.
  • Investing in intern programs and aligning recruitment with student needs.
  • Focusing on employee engagement rather than just satisfaction, incorporating social and environmental considerations into business objectives.

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement
  • Green procurement standards
  • Conflict mineral reporting template (CMRT)

Climate-Related Risks & Opportunities

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

Reporting Standards

Frameworks Used: ISO 26000

Certifications: ISO 9001, ISO 14001

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

  • Not disclosed

Not disclosed

Sustainable Products & Innovation

  • Eco-models with reduced environmental impact

Awards & Recognition

  • Not disclosed

Reporting Period: 2023-05-21 to 2024-05-20

Environmental Metrics

Total Carbon Emissions:1557 tCO2e/year (Scope 1 & 2, FY2023)
Renewable Energy Share:100% (FY2023 for Head Office, Tateyama Factory, and R&D Center)
Total Energy Consumption:5299073 kWh/year (FY2023)
Water Consumption:23.9 Km3/year (FY2023)
Waste Generated:303.2 tons/year (FY2023)

ESG Focus Areas

  • Environmental Management
  • Human Resource Development
  • Corporate Governance
  • Quality Assurance
  • Stakeholder Engagement

Environmental Achievements

  • Reduced CO2 emissions (Scope 1, Scope 2) to 1,557 t-CO2 in FY2023.
  • Head office factory, Tateyama factory, and R&D Center powered 100% by renewables in FY2023.
  • Reduced waste disposed of in landfills by about 50% from the previous fiscal year.
  • Switched Company lighting to LED is completed

Social Achievements

  • Implemented a new HR system to realize clear and fair treatment reflecting employees' individual roles in FY 2022.
  • Increased percentage of women as managers to 5.17% in FY2023.
  • Continued QC circle activities since 1978 with 83 active circles.
  • Implemented stress checks annually since 2015.

Governance Achievements

  • Shifted to a Company with Audit and Supervisory Committee.
  • Established a Compliance Manual in April 2023.
  • Established the Export Control Committee to maintain export controls.

Climate Goals & Targets

Medium-term Goals:
  • Carbon neutrality in FY2030
Short-term Goals:
  • Reduce electric power use.

Environmental Challenges

  • Difficulty in finding new employees for technical positions.
  • Decreasing trend in paid leave taken by employees (recovering to pre-COVID levels).
Mitigation Strategies
  • Planning to incorporate measures catering to student needs, such as deepening their understanding of engineering work through internships.
  • Encouraging employees to take paid leave systematically.

Supply Chain Management

Responsible Procurement
  • Green Procurement Standards (since FY 2004)
  • Requests for CSR initiatives by suppliers (environmental, human rights, labor, and compliance initiatives)

Climate-Related Risks & Opportunities

Physical Risks
  • Natural disasters
Transition Risks
  • Supply chain disruptions
Opportunities
  • Development of energy-efficient products

Reporting Standards

Frameworks Used: ISO26000

Certifications: ISO 9001, ISO 14001

Sustainable Products & Innovation

  • Eco Model products