Climate Change Data

Environmental Metrics

ESG Focus Areas

• Environmental
• Social
• Governance

Environmental Achievements

• Reduced CO2 emissions by 55.1% in manufacturing processes compared to 1990.
• Achieved 95% product recycling rate.
• Achieved 100% recycling rate in manufacturing processes.
• Reduced VOC emissions by 52.9% compared to 2000.

Social Achievements

• 68% participation rate in eco-commuting.
• 43,700 employees participated in the 40,000 People’s V Campaign.
• Conducted environmental activities with local municipalities and educational institutions.

Governance Achievements

• 61 out of 110 group companies achieved EMS certifications (ISO 14001 or Yamaha self-certification).

Climate Goals & Targets

Environmental Challenges

• Reduced production led to only 45 out of 110 companies achieving the 1.5% CO2 reduction target.
• Stagnant global economy increased transported volume, hindering logistics CO2 reduction goals.
• Some products did not meet fuel efficiency improvement targets.
• Low registration rate in G-YECOS for environmental risk management.

Mitigation Strategies

• Continued efforts to increase the registration rate in G-YECOS.
• Implementation of G-YECOS in 67 companies to improve information sharing and environmental risk management.
• Setting new fuel efficiency goals for 2012 and 2015 in the New Medium-term Management Plan (2010-2012).

Supply Chain Management

Responsible Procurement

• Green procurement at all business sites
• Elimination of specified hazardous substances in 2010

Climate-Related Risks & Opportunities

Opportunities

• Development of energy-efficient products
• Development of electric vehicles

Reporting Standards

Frameworks Used: ISO 14001, Yamaha Motor Group Environmental Management Certification System (YEMCS)

Certifications: ISO 14001

Sustainable Products & Innovation

• Electric motorcycles
• Electrically power assisted bicycles

Environmental Metrics

ESG Focus Areas

• Customers
• Employees
• Shareholders and Investors
• Business Partners
• The Community
• The Environment

Environmental Achievements

• Reduced CO2 emissions per unit of sales by 1% (annual average)
• Reduced fuel used by LPG boilers by roughly 60% from the previous year at Yamaha Motor Manufacturing West Java (YMMWJ) in Indonesia through cogeneration system
• 41 Yamaha Motor Group companies received ISO 14001 environmental management system certification

Social Achievements

• Yamaha Riding Academy (YRA) courses conducted globally to promote motorcycle riding safety
• Yamaha Technical Academy (YTA) training program provided uniformly high-quality Yamaha service to customers globally
• Global Executive Program (GEP) training for next generation of Yamaha Motor Group executives
• 40,105 employees participated in social contribution programs (40,000 People’s V Campaign)
• Kids’ YRA events held to teach children about traffic safety in India (44 events, 3,657 children)

Governance Achievements

• Strengthened corporate governance by clarifying the respective roles of Executive Officers and the Board of Directors
• Established an Executive Personnel Committee to improve transparency in nominating candidates for Director and Executive Officer
• Established an Integrated Auditing Division under the direct control of the President and Chief Executive Officer
• Aggressively pursued IR activities worldwide to ensure accountability by providing shareholders and investors with appropriate, accurate and timely information

Climate Goals & Targets

Environmental Challenges

• Lower sales and profits due to decline in demand, strong yen, and insufficient product competitiveness in developed markets
• Economic slowdown in Europe and emerging markets
• Intense market competition
• Fluctuations in exchange rates of the Japanese yen
• Dependence on certain suppliers
• Dependence on corporate customers
• Product liability risks
• Natural disasters
• Environmental and other regulations
• Information management risks
• Protection of intellectual properties

Mitigation Strategies

• Restructuring and transformation of management base for continuous growth
• New medium-term management plan focusing on sustainable growth
• Cost reduction programs
• Hedging policies and measures to minimize negative effects of currency fluctuations
• Expanding global procurement and supplies, consolidating suppliers
• Strengthening production engineering, manufacturing, and marketing in each region
• Product liability insurance
• Seismic retrofitting for main buildings and structures
• Promoting environmental preservation activities
• Establishing corporate regulations and information security systems
• Legal measures and procedures to protect intellectual properties

Supply Chain Management

Responsible Procurement

• Green Procurement Guidelines
• CSR Guidelines for Suppliers

Climate-Related Risks & Opportunities

Sustainable Products & Innovation

• F200F outboard motor (lightweight, compact, high CARB rating)
• Electrically power assisted bicycles

Awards & Recognition

• red dot design award for TMAX

Environmental Metrics

ESG Focus Areas

• Climate Change Mitigation
• Product Safety
• Labor Practices
• Materials Efficiency & Recycling

Environmental Achievements

• Increased sales of low-carbon products (BLUE CORE engine motorcycles, electric power-assisted bicycles)
• Recovered 64,748 tons of end-of-life products, with 70.1% recycled
• 97.4% of materials recycled from end-of-life products (on a weight basis)

Social Achievements

• 100% of safety-related defect complaints investigated
• 58% of active workforce covered under collective bargaining agreements
• Zero work stoppages due to strikes and lockouts
• Paid a year-end dividend of ¥45 per share, adding to a total dividend of ¥90 per share for the year

Governance Achievements

• Not disclosed

Climate Goals & Targets

Environmental Challenges

• Weakening global economic growth due to U.S.-China trade friction and Brexit
• Lower sales volume of surface mounters and industrial robots
• Unfavorable weather impacting sales of mid-range outboard motors
• Fluctuations in foreign exchange rates
• Additional tariffs in the United States impacting sales of golf cars and power generators

Mitigation Strategies

• Restructuring operations and introducing models compliant with new standards in developed markets
• Focusing on high-value-added products in emerging markets
• Strengthening brand power in Vietnam, launching new models in India, and increasing electric motorcycle sales in Taiwan
• Advancing a system supplier strategy and strengthening relationships with boat builders
• Implementing measures to achieve targets in the three-year Medium-Term Management Plan

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: SASB

Certifications: Null

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

• Not disclosed

Not disclosed

Sustainable Products & Innovation

• BLUE CORE engine motorcycles
• Electrically power-assisted bicycles

Awards & Recognition

• Red Dot Award 2019 | Best of the Best
• JIDA Design Museum Selection Vol. 21
• Red Dot Award 2019 | Winner
• India Design Mark 2019
• Good Design Award 2019
• iF Design Award 2019
• German Design Award | Winner
• Taiwan Golden Pin Design Award | Best Design
• KIDS DESIGN AWARD 2019 | Chief Juror’s Special Award

Environmental Metrics

ESG Focus Areas

• Climate Change
• Environment and resources
• Transportation, education, and industry
• Innovation
• Human capital management

Environmental Achievements

• Reduced CO2 emissions from products and during production activities by 25% (per unit compared with 2010). Products: 13.75% reduction (compared with 2010) Production activities: 17.36% reduction (compared with 2010)
• Reduced waste generated during production activities by 18.7% (compared with 2010)
• Brought the number of water purification systems (Yamaha Clean Water Supply System) installed to 42

Social Achievements

• Reduced number of fatalities due to traffic accidents. Riding safety training opportunities (Yamaha Riding Academy): Held 3,353 courses globally with approximately 67,000 participants
• Supply several thousand electrically power-assisted bicycles to local governments through cooperation with the national government. Delivered a total of 100 electrically power-assisted bicycles to local governments and rental operators
• Number of women in management positions: 38 (as of January 2021)

Governance Achievements

• Established and carried out a roundtable conference with the CEO in a system for determining executive officer appointments or dismissals based on a review and evaluation of the CEO’s own performance

Climate Goals & Targets

Environmental Challenges

• Tightening of regulations and declining net sales due to the progression of global warming
• Declining profits due to rising costs
• Negative impact on corporate image
• Delays in the economic independence of developing countries because of marine pollution
• Impact of marine pollution on the fishing industry and marine leisure
• Rising number of traffic accidents
• Rise in traffic accidents caused by the elderly in developed nations
• Fewer means of transportation in underpopulated areas
• Declining competitiveness in the market and business environment
• Labor shortages from falling birth rates and aging populations in developed nations
• Unfair labor practices of suppliers and business partners
• Impacts of the COVID-19 pandemic

Mitigation Strategies

• Continued development of electric motorcycles toward making market launches
• Took part in field tests organized by the Japan Automobile Manufacturers Association (JAMA) aimed at popularizing electric motorcycles
• Assisting in village development by contributing to the provision of safe water
• Addressing the environmental problems faced by oceans
• Took part in the Japan Agency for Marine-Earth Science and Technology (JAMSTEC)’s activities for popularizing ocean literacy
• Conserving marine resources
• Drove discussions with several companies regarding measures to address issues facing the fishing industry
• Safe riding training opportunities (Yamaha Riding Academy)
• Selling unmanned transportation systems
• Established electrically power-assisted bicycles as an alternative form of mobility for elderly people in Japan who surrender their driving license
• Equipping products with digital devices for sound maintenance
• Developing new forms of mobility
• Increased production efficiency
• Optimizing entire factories
• Become an agricultural and logistics solutions provider
• Achieved unmanned agricultural processes for several varieties of crops
• More globalized personnel
• Promotion of diversity and inclusion
• Monitoring the electric power policies and battery technology innovations of various countries while promoting EV development in order to launch products in a timely manner
• Securing liquidity on hand by thoroughly reducing expenses and procuring required funds
• Promptly suspended factory operations to address an anticipated decline in demand resulting from the spread of COVID-19
• Moved quickly to roll out marketing activities employing digital technologies as sales efforts were restricted by COVID-19

Supply Chain Management

Supplier Audits: 428 suppliers around the world have adopted our theoretical-value-based production approach

Responsible Procurement

• Theoretical-value-based procurement

Climate-Related Risks & Opportunities

Physical Risks

• Climate change may trigger abnormal weather events, including forest fires, droughts, extreme temperature changes, storms, and snowfall, destroying the ecosystems of the oceans, mountains, and forests where our products are used.

Transition Risks

• Heightened environmental awareness may lead to decreased sales of products that use fossil fuels, while the introduction of carbon taxes may increase manufacturing costs.
• As the pace of electrification in the mobility field accelerates, it may result in shortages of the metals needed in storage batteries, such as nickel and cobalt, thereby driving up procurement costs.
• Increased consumption of resources accompanying the economic growth of emerging markets may heighten procurement risks, including a shortage of resources and cost increases.

Opportunities

• Growing trend of EVs replacing existing forms of mobility
• Heightening demand for smaller forms of mobility
• Increased awareness of the need to conserve the natural environment may trigger growth of the outdoor market where people seek and cherish interactions with nature.

Reporting Standards

Frameworks Used: International Integrated Reporting Council (IIRC)’s International Integrated Reporting Framework, Guidance for Integrated Corporate Disclosure and Company–Investor Dialogue for Collaborative Value Creation (Guidance for Collaborative Value Creation)

Certifications: ISO 14001

Sustainable Products & Innovation

• Electrically power-assisted bicycles
• Electric motorcycles
• Electric commuter vehicle
• Electric boat control system
• Electric motor units for mobility applications
• Electrically power-assisted mountain bike
• Electric micromobility model
• Electric drone

Awards & Recognition

• Minister of Economy, Trade and Industry Award at the Technology Management and Innovation Awards for electrically power-assisted bicycles (PAS)
• Red Dot Award 2020
• iF Design Award 2020
• JIDA Design Museum Selection Vol. 22
• International Design Excellence Awards 2020
• Good Design Award 2020
• German Design Award 2021
• India Design Mark 2020

Environmental Metrics

ESG Focus Areas

• Environment and resources
• Transportation and industry
• Human capital management

Environmental Achievements

• Reduced CO2 emissions from production by 35.2% compared with FY2010
• Reduced CO2 emissions per unit (metric tons/unit sales) by 14.9% compared with FY2010 (Scope 3)
• Launched NEO’s electric scooter and HARMO next-generation electric boat control system for Europe

Social Achievements

• Increased the number of Yamaha Riding Academy participants
• Established new companies and worked with local players in India and Nigeria to develop asset management businesses
• Increased the ratio of local talent in executive positions at overseas subsidiaries to 50.8%

Governance Achievements

• Revised executive remuneration system to include ESG performance
• Appointed Jin Song Montesano as a new outside director, Yamaha Motor’s first non-Japanese director
• Increased the number of women on the Board of Directors to three

Climate Goals & Targets

Environmental Challenges

• Supply chain disruptions due to global semiconductor shortages, logistics delays, and higher demand
• Tightening of regulations and declining net sales due to global warming
• Rising costs and negative impact on corporate image

Mitigation Strategies

• Implemented broad policies and empowered frontline organizations to address supply chain issues
• Revised CO2 emission targets under the Yamaha Motor Group Environmental Plan 2050
• Accelerated development of EVs and alternative powertrains

Supply Chain Management

Responsible Procurement

• Sustainability Guideline for Suppliers

Climate-Related Risks & Opportunities

Physical Risks

• Extreme weather events affecting operations

Transition Risks

• Tightening of regulations
• Declining net sales due to global warming
• Risk of decreased sales of motorcycles with internal combustion engines

Opportunities

• Growing trend of EVs replacing existing forms of mobility
• Growing demand for large outboard motors

Reporting Standards

Frameworks Used: International Integrated Reporting Council (IIRC)’s International Integrated Reporting Framework, Guidance for Integrated Corporate Disclosure and Company–Investor Dialogues for Collaborative Value Creation

Certifications: ISO 14001

Sustainable Products & Innovation

• Electric motorcycles and scooters
• Electrically power-assisted bicycles
• Next-generation electric boat control system

Awards & Recognition

• Red Dot Award 2021
• iF Design Award 2021
• Good Design Award 2021
• Certified in 2022 Health & Productivity Management Organization Recognition Program

Environmental Metrics

ESG Focus Areas

• Environment
• Social
• Governance

Environmental Achievements

• Reduced CO2 emissions (Scope 1 and 2)
• Reduced water intake by promoting reuse and collection

Social Achievements

• 46 Group companies joined unified ISO 14001 certification program
• Increased brand value

Governance Achievements

• Not disclosed

Climate Goals & Targets

Environmental Challenges

• Supply shortage of semiconductors and other parts leading to lower production and labor shortages
• Soaring logistics costs and raw material prices

Mitigation Strategies

• Curbing fixed costs through remote work and other digital methods
• Higher unit sales and increased unit purchase prices

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: ISO 14001

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

• Not disclosed

Not disclosed

Sustainable Products & Innovation

• Electric scooter NEO’s
• Electrically power-assisted mountain bike Wabash RT
• Next-generation electric boat control system HARMO

Awards & Recognition

• Not disclosed

Environmental Metrics

ESG Focus Areas

• Environment
• Social
• Governance

Environmental Achievements

• Reduced production activity CO2 emissions by 67.4% compared to 2010.
• Reduced Scope 3 (product use) CO2 emissions by 5.9% compared to 2019.
• Introduced CO2-free electricity to major domestic plants in July 2022.
• Implemented renewable energy facilities in 14 countries and regions.
• Adopted plant-derived cellulose nanofiber reinforced resin in 2024 models.
• Achieved nearly 100% recycling rate for waste.

Social Achievements

• Launched Yamaha Riding Academy (YRA) training programs globally, reaching 107,000 participants in 2023.
• Established mobility services in India and Nigeria.
• Implemented a clean water system in various countries, improving access to clean water and reducing water-borne diseases.
• Developed and introduced new personal mobility solutions (though some were later discontinued).

Governance Achievements

• Established a Sustainability Committee and a Human Capital Management Committee to oversee ESG initiatives.
• Implemented a global compliance hotline.
• Developed and implemented Yamaha Motor Group Human Rights Policy.
• Achieved AAA rating from MSCI ESG Ratings.

Climate Goals & Targets

Environmental Challenges

• Supply chain disruptions due to climate events and geopolitical risks.
• Meeting increasingly stringent emission regulations globally.
• Ensuring human rights throughout the supply chain.
• Maintaining high safety standards in manufacturing.

Mitigation Strategies

• Developed alternative sourcing strategies and strengthened supply chain resilience.
• Invested in R&D for low-emission technologies (electric vehicles, alternative fuels).
• Implemented human rights due diligence and a global compliance hotline.
• Strengthened OSHMS and implemented ISO 45001.

Supply Chain Management

Supplier Audits: Audits conducted on suppliers in Indonesia and Japan.

Responsible Procurement

• Supplier Sustainability Guidelines
• Green Procurement Guidelines

Climate-Related Risks & Opportunities

Physical Risks

• Extreme weather events (floods, typhoons)
• Natural disasters

Transition Risks

• Stringent emission regulations
• Shifting market demand towards electric vehicles
• Carbon pricing

Opportunities

• Development of energy-efficient products
• Growth in demand for electric vehicles and alternative fuels

Reporting Standards

Frameworks Used: TCFD, GRI, UNGC, SASB

Certifications: ISO 14001, ISO 45001

Third-party Assurance: SGS Japan

UN Sustainable Development Goals

• Goal 7 (Affordable and clean energy)
• Goal 9 (Industry, innovation, and infrastructure)
• Goal 12 (Responsible consumption and production)
• Goal 13 (Climate action)
• Goal 17 (Partnerships for the goals)

The report details how various initiatives contribute to these SDGs.

Sustainable Products & Innovation

• Electric motorcycles and scooters
• Electric golf carts
• Electric assist bicycles
• Electric wheelchairs
• Drones

Awards & Recognition

• Sportsエールカンパニー2024
• Health Management Excellent Company 2024