Climate Change Data

Meiko Electronics Co., Ltd.

Climate Impact & Sustainability Data (2019-04 to 2020-03, 2022)

Reporting Period: 2019-04 to 2020-03

Environmental Metrics

ESG Focus Areas

  • Environment
  • Social
  • Governance

Environmental Achievements

  • Reduced CO2 emissions by 15% at the Advanced PCB Center by switching from heavy oil to city gas boilers.
  • Maintained a 99% or higher waste recycling rate (Plants in Japan only).

Social Achievements

  • Opened an in-house childcare center, “Meiko Childcare Center Nobikko”, to support employees returning from parental leave.
  • Increased the number of female supervisors year over year.
  • Implemented a task-based re-employment system for retired part-time employees.
  • Provided scholarships to 120 students in 4 villages near Thang Long Plant, Vietnam.
  • Donated face masks to support COVID-19 measures in various locations.

Governance Achievements

  • Established a robust corporate governance system including external directors, auditors, and an Internal Audit Division.
  • Implemented a company-wide internal control system, deemed effective in the Fiscal 2019 internal control report.
  • Introduced a helpline for whistle-blowing.

Climate Goals & Targets

Short-term Goals:
  • Reduce energy per production volume by 1% or more.
  • Strive for 100% waste recycling rate.

Environmental Challenges

  • Slight increase in CO2 emissions compared to the previous year (overall, despite reduction in some areas).
  • Fluctuation in production volume impacting energy saving targets.
  • Procurement risks due to natural disasters and epidemics.
  • Market recalls due to defective automobile components.
Mitigation Strategies
  • Implemented measures to minimize procurement risks caused by natural disasters and epidemics.
  • Continued efforts to improve production efficiency and conduct further energy-saving initiatives.
  • Set a goal of achieving “zero” defects to address quality-related risks.
  • Optimized quality management systems at all stages to eliminate defective products.

Supply Chain Management

Responsible Procurement
  • Basic Procurement Policy
  • Action Guidelines for Purchasing Deals
  • Green procurement
  • Environmental measure surveys
  • Surveys on conflict minerals and employment of young workers

Climate-Related Risks & Opportunities

Physical Risks
  • Natural disasters (earthquakes, tsunamis)
Opportunities
  • Development of energy-efficient products

Reporting Standards

Frameworks Used: ISO 26000, ISO 9001, IATF 16949, ISO 14001, ISO 27001, RBA (formerly EICC) Code of Conduct, REACH Regulations, RoHS Directive, ELV Directive

Certifications: ISO 9001, IATF 16949, ISO 14001, ISO 27001

Awards & Recognition

  • Excellent Supply Quality Award
  • Premiere Partner (10 consecutive years)
  • Excellent Quality Award
  • Supplier Quality Award for 2018 (Continental Corporation)

Reporting Period: 2022

Environmental Metrics

ESG Focus Areas

  • Environment
  • Social
  • Governance

Environmental Achievements

  • Reduced CO2 emissions per rate of consumption per production volume in Japan by 50% between Fiscal 2013 and Fiscal 2030
  • Reduced power consumption for lighting by 53% without decreasing illumination, electricity consumption by 65,930 kWh/month, and CO2 emissions by 34.75 t-CO2/month.
  • Reduced consumption by about 54.9% per day which is equivalent to 7.95 t-CO2 in a month.
  • Recycling rate of waste exceeded 99% at factories in Japan in Fiscal 2021.
  • Reduced the amount of water used by managing the amount used at each facility and using reverse osmosis (RO) water.
  • Recovery rate of water in Kahoku Factory is 60%.

Social Achievements

  • Promotion of diversity (empowerment of women and promotion of non-Japanese personnel)
  • Development of a safe, comfortable workplace (zero industrial accidents)
  • Improvement of employees’ health
  • Contribution to and vitalization of each region
  • Opened an in-house nursery in April 2020

Governance Achievements

  • Establishment of management systems for supporting sustainable growth
  • Strengthening of our BCP
  • Transform Yamagata Factory into the second headquarters

Climate Goals & Targets

Long-term Goals:
  • Carbon neutral
Medium-term Goals:
  • Reduce CO2 emissions per rate of consumption per production volume in Japan by 50% between Fiscal 2013 and Fiscal 2030
  • Recycling rate in 2030: 80%
Short-term Goals:
  • Reduce water consumption per rate of consumption per production volume by 10% by 2030
  • Reduce energy consumption by 20% for all existing factories

Environmental Challenges

  • Shortages of materials such as semiconductors
  • Lockdowns due to China’s zero-COVID policy
  • Logistics disruptions
  • Geopolitical tensions such as the situation in Russia and Ukraine
  • Overseas interest rate hikes to control rapid inflation
  • Weaker yen
Mitigation Strategies
  • Review the purpose and work toward the realization of our Business Principles
  • Strategically develop technologies, actively conduct investment, and develop an integrated manufacturing system for designing, mounting, and assembling electronic devices

Supply Chain Management

Responsible Procurement
  • Green procurement
  • Compliance with the green procurement standard
  • Provision of information concerning “eco products”
  • Action Guidelines for Purchasing Deals
  • Meiko Group Green Procurement Standards

Climate-Related Risks & Opportunities

Physical Risks
  • Natural disasters
Transition Risks
  • Shift to a low-carbon economy
Opportunities
  • Development of energy-efficient products

Reporting Standards

Frameworks Used: TCFD

Certifications: ISO 27001

Sustainable Products & Innovation

  • Parts-embedding buildup
  • LVH connection to electrodes of parts
  • Large-area cavity connection to electrodes of parts
  • Heat-dissipating structure with a heat-dissipating resin sheet
  • Heavy copper-embedding buildup
  • Copper inlay swaging
  • .4"1
  • Hybrid structure with LowDk/Df and RF4 materials
  • MSAP
  • FR4-FLEX PCBs
  • Black hole treatment
  • Mega through-holes
  • Metal-based PCBs