BML, Inc.
Climate Impact & Sustainability Data (2021-04 to 2022-03, 2022-04 to 2023-03, 2024)
Reporting Period: 2021-04 to 2022-03
Environmental Metrics
ESG Focus Areas
- Environment
- Society
- Corporate Governance
Environmental Achievements
- Reduced CO2 emissions by approximately 1,200 tons per year through air-conditioning system renovation.
- Planned CO2 emission reduction of approximately 470 tons per year with solar panels and high-efficiency heat source air-conditioning in the new wing.
Social Achievements
- Increased percentage of women in management positions.
- Increased percentage of female candidates for next management positions.
- Increased percentage of men taking childcare leave.
- Recognized by the Ministry of Economy, Trade and Industry as a Certified Health & Productivity Management Outstanding Organization.
Governance Achievements
- Established a Sustainability Committee chaired by the Representative Director and Vice President.
- Increased the ratio of Outside Directors to more than one-third of the total number of directors.
- Renamed the Advisory Committee to the Nomination and Compensation Committee.
- Disclosed the Directors’ Skill Matrix.
- Announced the Message on Diversity & Inclusion by the President.
Climate Goals & Targets
- Not disclosed
- Increase the percentage of women in management positions to about 13%
- Increase the percentage of female candidates for next management positions to about 32%
- Increase the percentage of men taking childcare leave to about 10%
- Net sales: up to ¥145,000 million (FY2023)
- Operating income ratio: 8.5% or higher (FY2023)
- Not disclosed
Environmental Challenges
- Reducing healthcare costs.
- Depopulation of regional healthcare.
- Climate change risks (extreme weather events, supply chain disruptions).
- Maintaining profitability in a mature market with price competition.
Mitigation Strategies
- Actively introducing automation in clinical testing.
- Providing clinical testing in regional areas through a network of laboratories.
- Implementing BCP measures (new wing construction with base isolation system, emergency power generation, water supply).
- Strengthening non-insurance fields (medical informatics, medical check-ups, clinical trials, food testing).
- Careful cost management and price negotiations with suppliers.
Supply Chain Management
Supplier Audits: Not disclosed
Responsible Procurement
- Careful price negotiations with suppliers.
Climate-Related Risks & Opportunities
Physical Risks
- Flooding
- Extreme weather events
Transition Risks
- Carbon prices
- National carbon emission targets and policies
- Electricity expenses
- Renewable energy procurement costs
- Plastic tax
- Cost of switching to EVs
Opportunities
- Increased sales opportunities due to implementation of low-carbon inspection processes
- Decreased costs due to lower electricity retail unit prices
- Expand sales opportunities through the introduction of biomass-derived containers
- Improvement of market competitiveness by strengthening BCP
Reporting Standards
Frameworks Used: International Integrated Reporting Framework (IIRC), Guidance for Collaborative Value Creation of the Ministry of Economy, Trade and Industry, TCFD recommendations
Certifications: ISO14001 (BML General Laboratory), ISO15189 (BML General Laboratory)
Third-party Assurance: Third-party verification opinion obtained for GHG emissions (Scope 1 and 2) of BML General Laboratory.
UN Sustainable Development Goals
- Not disclosed
Not disclosed
Sustainable Products & Innovation
- Qualis Cloud (cloud-based electronic patient chart)
- B-Liner (clinical testing system)
- DRS (digital reporting system)
Awards & Recognition
- Certified Health & Productivity Management Outstanding Organization (2022)
Reporting Period: 2022-04 to 2023-03
Environmental Metrics
ESG Focus Areas
- Climate change
- Realization of a rewarding workplace
- Respect for human rights
- Strengthening of governance
- Development of high-quality, high-value-added business
- Contribution to medical care
Environmental Achievements
- Reduced CO2 emissions by 478 t-CO2/year through installation of solar power generation equipment and improved air-conditioning efficiency at BML General Laboratory.
- Started replacing 3000 vehicles with EVs and PHVs.
Social Achievements
- Increased female manager ratio to 11.2%
- Achieved 86.9% childcare leave utilization rate.
- Donated ¥100 million to Kawagoe City.
- Selected as a “2023 Certified Health & Productivity Management Outstanding Organization (White 500)”
Governance Achievements
- Established the Sustainability Committee.
- Acquired DX Certification.
- Concluded a capital and business alliance agreement with FALCO HOLDINGS Co., Ltd.
Climate Goals & Targets
- Achieve carbon neutrality by 2050
- Reduce Scope 1 + 2 emissions by 25% by FY2030
- Increase the ratio of renewable energy-derived electricity introduced at our main BML General Laboratory to 70% by 2030
- Increase the ratio of renewable energy-derived electricity introduced at core laboratories to 4.4% by 2030
- Achieve carbon neutrality by 2050
- Increase the percentage of women in management positions to about 13% by FY2026
- Increase the percentage of female candidates for next management positions to about 32% by FY2026
- Increase the percentage of men taking childcare leave to about 10% by FY2029
- Introduce B-Label at 50% of facilities that use electronic patient chart systems by FY2026
- Achieve a B-Label attached rate of 30% by FY2026
- Have 200 employees obtain the IT Passport qualification per year by FY2029
- Reduce water consumption by recycling wastewater
- Improve response rate of electronic patient chart support and service quality (Response rate: 90% or above; Response within 90 seconds by FY2023)
- Reduce the use of USB memory by 30% and shift to highly-encrypted USB memory by FY2024
Environmental Challenges
- Increased costs of transporting specimens and operating testing equipment due to higher energy prices and increased import costs.
- Inability to directly pass on cost increases to sales prices due to fixed insurance points.
- Decline in demand for COVID-19 related tests.
- Need to reduce healthcare costs.
- Issues with popularization of online medical care (security concerns and reimbursement for medical service fees).
- Need to develop growth drivers in non-insurance fields.
- Rising infrastructure prices and population decline.
Mitigation Strategies
- Promoting standardization and automation of testing processes.
- Digital transformation (DX) using a digital reporting system (DRS).
- Focusing on non-COVID-19-related tests.
- Actively working to introduce high-performance tests.
- Promoting seamless collaboration with online medical care systems.
- Focusing on four business fields: medical informatics, medical check-ups, clinical trials, and food hygiene.
- Reinforcing standardization efforts and use of DX.
Supply Chain Management
Supplier Audits: Not disclosed
Responsible Procurement
- Communicating with suppliers, including reagent manufacturers, to consider specific measures for human rights due diligence.
Climate-Related Risks & Opportunities
Physical Risks
- Extreme weather events
- Flooding
- Water shortages
- Lightning
Transition Risks
- Increased electricity retail unit prices
- Plastic tax
- Renewable energy procurement costs
- Carbon tax
- Changes in reputation from investors and client companies
Opportunities
- Decreased test costs and other expenses due to lower electricity retail unit prices
- Expand sales opportunities through the introduction of biomass-derived containers, low-carbon glass containers, etc.
- Enhanced environmental reputation from customers due to the introduction of low-carbon logistics networks and energy saving and renewable energy facilities
- Sustainable finance enabled by the implementation of environmental management, resulting in low-interest-rate financing
- Expansion of sales opportunities due to increased demand for new tests and food testing, associated with increases in patients with infectious diseases and food poisoning
Reporting Standards
Frameworks Used: International Integrated Reporting Framework, TCFD
Certifications: ISO15189, ISO14001, CAP Accreditation, PrivacyMark, ISO27017, DX Certified Business Operator
Third-party Assurance: Not disclosed
UN Sustainable Development Goals
- Not disclosed
Not disclosed
Sustainable Products & Innovation
- Qualis Cloud (cloud-based electronic patient chart system)
- B-Liner (clinical testing system)
- New automated dispensing system and new biochemical and immunological testing system at BML General Laboratory
Awards & Recognition
- Good Conduct Award from Kawagoe City
Reporting Period: 2024
Environmental Metrics
ESG Focus Areas
- Corporate Governance
- Sustainability
- Human Resources Diversity
- Climate Change
- Human Rights
- Employee Well-being
- Environmental Preservation
Environmental Achievements
- Actively working toward goals such as reducing greenhouse gas emissions.
Social Achievements
- Achieved 14.2% ratio of women among managerial positions by April 1, 2024 (targeting 18% by March 31, 2029).
- Promoting a change in mindset with regard to the promotion of female human resources and proactively improving the workplace environment.
- Provides rank-based training to employees to acquire necessary knowledge and skills.
- Working to create a corporate environment that allows all employees to be conscious of work-life balance.
Governance Achievements
- Introduced an executive officer structure to increase the speed of business execution.
- Elected multiple outside directors and outside Audit and Supervisory Board members to strengthen supervisory and audit functions.
- Established the Nomination and Compensation Committee to strengthen the independence, objectivity, and accountability of the Board of Directors’ functions.
- Introduced performance-linked remuneration and a stock compensation system.
Climate Goals & Targets
- Not disclosed
- Achieve 18% ratio of women among managerial positions by March 31, 2029.
- Not disclosed
Environmental Challenges
- Not disclosed
Mitigation Strategies
- Not disclosed
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: Null
Third-party Assurance: Not disclosed
UN Sustainable Development Goals
- Not disclosed
Not disclosed
Sustainable Products & Innovation
- Not disclosed
Awards & Recognition
- Not disclosed