兵機海運株式会社 HYOKI KAIUN KAISHA, LTD.
Climate Impact & Sustainability Data (2019, 2023-03, 2024-03, 2024-03 to 2024-09)
Reporting Period: 2019
Environmental Metrics
ESG Focus Areas
- Corporate Governance
- CSR Activities
- Environmental Sustainability
- Employee Diversity and Inclusion
Environmental Achievements
- Advancing the construction of inland vessels in line with carbon dioxide reduction standards (Railway Construction, Transportation Facilities Development Support Organization).
- Compliance with IMO's strengthened Sox regulations (sulfur content in marine fuel oil) from January 2020 for all vessels.
- Participation in initiatives to reduce carbon dioxide emissions based on the application of the Logistics Efficiency Act managed by the Ministry of Land, Infrastructure, Transport and Tourism.
- Continued certification for eco-commuting by the Traffic Ecology Mobility Foundation.
Social Achievements
- Promoting a system where women can further thrive, continuously conducting in-house enlightenment on childcare leave and nursing care leave.
Governance Achievements
- Revision of the Hyoki Corporate Governance Guidelines to reflect increased interest in executive compensation disclosure and CSR activities.
- Establishment of a Nomination Committee and an Audit Committee to enhance the objectivity, transparency, and accountability of the Board of Directors.
- Implementation of self-evaluation forms for all directors to continuously improve compliance and awareness.
- Strengthened procedures for related-party transactions to ensure fairness and prevent harm to the company and shareholders.
Climate Goals & Targets
Environmental Challenges
- Absorbing and mitigating the impact of complex market conditions in the logistics industry.
- Balancing profit growth and risk, as well as investment effects and capital costs.
- Addressing the challenges of a declining workforce due to Japan's aging population.
Mitigation Strategies
- Diversification into new areas such as hazardous materials warehousing.
- Maintaining stable profitability through the synergy between shipping and port operations.
- Promoting women's advancement and creating a system where childcare and nursing care leave can be taken more naturally.
Supply Chain Management
Climate-Related Risks & Opportunities
Reporting Period: 2023-03
Environmental Metrics
ESG Focus Areas
- SDGs
- Governance
- Safety
- Employee Well-being
- Environmental Sustainability
Environmental Achievements
- SOx regulation compliant fuel oil usage
- Installation and operation of UV ballast water treatment equipment
- Eco-commuting certification and reduced truck waiting times at Kobe logistics center
Social Achievements
- Initiatives for work style reform for seafarers
- Community contributions in the head office area
- Establishment of Hyoki Corporate Governance Guidelines
Governance Achievements
- Establishment of Hyoki Corporate Governance Guidelines
Climate Goals & Targets
Environmental Challenges
- High fuel oil prices
- Ship maintenance costs
- Shortage of seafarers
- Driver shortage impacting logistics
- Global economic uncertainty
- Rising costs (labor, materials)
Mitigation Strategies
- Cost management and appropriate fare adjustments
- Collaboration with shipping agents and Chinese shipping companies for tripartite transportation
- Improving working conditions and training young seafarers
- Appropriate price transfer and strengthening of cooperation with partner companies
- Improving operational efficiency through system utilization
- Expansion of hazardous materials handling capabilities
- Strengthening cooperation with hazardous materials handlers
Supply Chain Management
Climate-Related Risks & Opportunities
Reporting Period: 2024-03
Environmental Metrics
ESG Focus Areas
- CO2 emissions reduction
- Seafarer well-being
- Corporate governance
- Community contribution
- Safety
Environmental Achievements
- SOx regulation compliant fuel oil usage
- Installation and operation of UV ballast water treatment system
- Eco-commuting certification by the Traffic Ecology & Mobility Foundation
- Reduced truck/trailer waiting time at Kobe logistics center through berth reservation system
Social Achievements
- Initiatives for seafarer work style reform
- Contribution to local community and organizations
- Establishment of Hyoki Corporate Governance Guidelines
Governance Achievements
- Establishment of Hyoki Corporate Governance Guidelines
Climate Goals & Targets
Short-term Goals:
- Improve profit margin through high-value cargo orders
- Secure appropriate profits through continued price revision negotiations
- Maintain fleet through joint management with ship owners and exploring new charterers
Environmental Challenges
- Increasing ship operating and maintenance costs
- Shortage of truck drivers due to 2024 labor law changes
- Potential shortage of warehouse workers
- Geopolitical risks (e.g., Middle East tensions, Ukraine conflict, US-China trade friction)
Mitigation Strategies
- Negotiating appropriate freight rates
- Cost management and price revision negotiations
- Maintaining fleet through joint management with ship owners and exploring new charterers
- Increasing workforce
- Strengthening sales efforts for high-value cargo
- Developing integrated port and warehouse services for Osaka-Kansai Expo
Supply Chain Management
Climate-Related Risks & Opportunities
Reporting Period: 2024-03 to 2024-09
Environmental Metrics
ESG Focus Areas
- CO2 emissions reduction
- Safety
- Governance
- Workforce development
- Community contribution
- Sustainable business practices
Environmental Achievements
- SOx regulation compliant fuel oil usage
- Installation and operation of UV ballast water treatment equipment
- Eco-commuting certification by the Traffic Ecology & Mobility Foundation
- Reduced truck/trailer waiting time through berth reservation system at Kobe logistics center
Social Achievements
- Initiatives for seafarer work style reform
- Community contributions in the head office region
- Establishment of Hyoki Corporate Governance Guidelines
Governance Achievements
- Establishment of Hyoki Corporate Governance Guidelines
Climate Goals & Targets
Medium-term Goals:
- Improve the accuracy of supply and demand adjustment through efficient vessel allocation
- Expand the handling of other cargoes while maintaining steel transportation as the base cargo
- Develop new business areas and routes using alliances with overseas partners
- Expand new service routes such as South America and Europe in international combined transport
- Increase handling of high value-added cargo such as hazardous materials and other legally regulated goods to improve profitability
- Increase the operating rate and expansion of hazardous materials warehouses
- Improve service quality through the development of specialized personnel
- Expand direct manufacturer orders
Short-term Goals:
- Increase cargo volume by strengthening proposals to existing customers
Environmental Challenges
- High fuel oil prices
- High shipbuilding and dock costs
- Driver shortages leading to logistics stagnation
- Geopolitical risks
- Increased various costs (labor, etc.)
- Decreased export/import handling
Mitigation Strategies
- Appropriate cost management and requests for appropriate freight rate revisions
- Strengthening cooperation with related companies
- Improving operational efficiency through system utilization
- Expansion of hazardous materials handling
- Construction of a third hazardous materials warehouse at Hyogo Wharf Logistics Center
- Building cooperative relationships with hazardous materials handlers
- Appropriate price transfer for general cargo handling and storage
- Strengthening the network with cooperating companies
- Developing new service routes in international combined transport
- Seeking new overseas agents for service proposals in countries without transport experience
- Improving working conditions and fostering young seafarers to ensure stable securing of seafarers