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