Climate Change Data

Environmental Metrics

ESG Focus Areas

• Realize a sustainable and resilient society
• Pursue innovation to expand added value
• Develop human resources and create an environment supporting corporate activities
• Establish standards and rules that form the basis of sound corporate activities

Environmental Achievements

• Reduced power loss by approximately 34% in premium efficiency motors compared to conventional models.
• Achieved 99.0% conversion efficiency in SOLAR WARE U photovoltaic power conditioning system.
• TMfog humidifier certified as an “L2-Tech Certified Product” by the Ministry of the Environment.
• Received S class ranking for three consecutive years in the evaluation system for classifying businesses based on the Energy Conservation Law.

Social Achievements

• Established a motor factory and a power electronics factory in India, creating around 500 jobs.
• Implemented work-from-home system and re-employment system in Japan.
• Injury frequency rate of 0.43 and injury severity rate of 0.00 in Japan in 2020.
• Actively employs persons with disabilities in Japan, exceeding the legally mandated level.

Governance Achievements

• Introduced an executive officer system in fiscal 2017 to strengthen corporate governance.
• Established a Supplier Reporting System.
• Implemented a compliance program on export control.
• Acquired ISO9001 certification at several locations.

Climate Goals & Targets

Environmental Challenges

• Climate change and resource depletion
• Water shortage in some regions
• Need for sustainable transportation
• Ensuring sustainable production and consumption patterns

Mitigation Strategies

• Developing high-efficiency motors and drive systems
• Promoting the use of renewable energy
• Supplying electrical equipment to desalination plants
• Providing automobile testing systems
• Implementing energy-saving local production in India
• Reducing energy consumption intensity by at least 1% per year

Supply Chain Management

Responsible Procurement

• Green Procurement Survey
• Confirmation that products do not contain conflict minerals

Climate-Related Risks & Opportunities

UN Sustainable Development Goals

• Goal 7: Affordable and clean energy
• Goal 8: Decent work and economic growth
• Goal 9: Industry, innovation and infrastructure

TMEIC's business activities contribute to these goals through energy efficiency improvements, job creation, and development of industrial infrastructure.

Sustainable Products & Innovation

• High-efficiency motors
• PV-PCS
• TMfog humidifier
• Synchronous Reluctance Motor
• Gearless and Utility-free Motor and Drive Systems

Awards & Recognition

• Ministry of Economy, Trade and Industry Minister Award (Energy Conservation Grand Prize)

Environmental Metrics

ESG Focus Areas

• Realize a sustainable and resilient society
• Pursue innovation to expand added value
• Develop human resources and create an environment supporting corporate activities
• Establish standards and rules that form the basis of sound corporate activities

Environmental Achievements

• Received the Encouragement Prize in the 30th Global Environment Awards by Fujisankei Communications Group in recognition of our corporate activities aimed at reducing environmental burden and realizing a resilient society.
• Reduced energy consumption intensity by 0.6% in fiscal 2022 (compared to a target of -1% to -3%).
• TMfog, a two-fluid humidifier, certified as an “L2-Tech Certified Product” by the Ministry of the Environment.

Social Achievements

• Employment rate of persons with disabilities exceeds the legally mandated level.
• Established a Global Remote Service Center (GRSC) for remote support and after-sales services.
• Conducted human rights training for 73 new employees and 25 new managers in fiscal 2022.
• Injury frequency rate in Japan was 0.43 in 2022.

Governance Achievements

• Introduced an executive officer system in fiscal 2017 to strengthen corporate governance.
• Acquired ISO9001 certification at several locations.
• Established an internal reporting system with a hotline for counseling on risk-related matters.

Climate Goals & Targets

Environmental Challenges

• Damages to production facilities due to frequent disasters
• Disruptions in procurement from suppliers
• Regulatory risks resulting from stringent environmental policies and regulations
• Increased production, procurement and management costs from addressing environmental risks.

Mitigation Strategies

• Implementing energy conservation program involving all employees
• Energy conservation activities based on improvements in the operation and management of facilities
• Procurement of electricity derived from renewable energy sources
• Developing and selling products that facilitate efficient hydrogen production and utilization

Supply Chain Management

Responsible Procurement

• TMEIC CSR Procurement Guidelines
• Green Procurement Survey

Climate-Related Risks & Opportunities

Physical Risks

• Damages to production facilities due to frequent disasters
• Disruptions in procurement from suppliers

Transition Risks

• Regulatory risks resulting from stringent environmental policies and regulations

Opportunities

• Increased demand for TMEIC's energy-efficient and renewable energy technologies

Reporting Standards

Frameworks Used: GRI Standards, ISO 26000 guidelines

Certifications: ISO 9001, ISO 45001 (2018 version)

Sustainable Products & Innovation

• High-efficiency motors and drive systems
• Photovoltaic power conditioning systems
• Wind power converter
• Self-excited rectifier for hydrogen production
• Pressure-resistant explosion-proof motor
• TMBCS battery control system
• Synchronous Reluctance Motor
• Utility-free Motor

Awards & Recognition

• Ministry of Economy, Trade and Industry Minister Award (Energy Conservation Grand Prize)
• Encouragement Prize in the 30th Global Environment Awards by Fujisankei Communications Group
• IEEE McMurray Award for Industry Achievements in Power Electronics

Environmental Metrics

ESG Focus Areas

• Realize a sustainable and resilient society
• Pursue innovation to expand added value
• Develop human resources and create an environment supporting corporate activities
• Establish standards and rules that form the basis of sound corporate activities

Environmental Achievements

• Secured certification from the Science Based Targets initiative (SBTi) for 2030 emission reduction targets.
• Achieved a -1.6% reduction in energy consumption intensity in Fiscal 2021 and a 0.6% increase in Fiscal 2022.
• LEED GOLD certification for new offices in Valencia, Spain.

Social Achievements

• Employment rate of persons with disabilities exceeded the legally mandated level.
• Formulated the TMEIC CSR Procurement Guidelines to formalize requests to procurement partners, urging them to respect human rights.
• Conducted e-learning for human rights education, with 100% of target employees completing the course.

Governance Achievements

• Introduced an executive officer system to strengthen corporate governance.
• Established an internal reporting system with a hotline for counseling on risk-related matters.
• Acquired ISO 9001 certification at several locations.

Climate Goals & Targets

Environmental Challenges

• Climate change, resource depletion, pollution, loss of biodiversity.
• Risks related to climate change impacting business continuity (physical risks like disaster damage and procurement failures, regulatory risks from stricter environmental policies).
• Ensuring sustainable production and consumption patterns through efficient resource utilization.

Mitigation Strategies

• Aiming for carbon neutrality across the entire value chain by 2050.
• Reducing GHG emissions (Scope 1 & 2 by 42% and Scope 3 emissions per unit of added value by 52.56% by fiscal 2030).
• Promoting energy efficiency, fuel switching and electrification, procuring renewable electricity, introducing self-generation of power, and acquiring credits.
• Participating in the GX League.
• Developing energy-efficient and renewable energy technologies.
• Implementing green procurement.
• Minimizing CO2 emissions in the production process and controlling the use of regulated chemical substances.
• Promoting local production for local consumption.

Supply Chain Management

Supplier Audits: Approximately 83.4% agreement on TMEIC CSR Procurement Guidelines as of April 2024.

Responsible Procurement

• TMEIC CSR Procurement Guidelines

Climate-Related Risks & Opportunities

Physical Risks

• Damage to production facilities due to frequent disasters

Transition Risks

• Procurement failures from suppliers
• Stricter national environmental policies and regulations

Opportunities

• Increased demand for TMEIC’s energy-saving and renewable energy technologies

Reporting Standards

Frameworks Used: GRI Standards, ISO 26000

Certifications: ISO 9001, ISO 45001, SBTi

Sustainable Products & Innovation

• High-efficiency motors
• Renewable energy technologies
• Hydrogen production rectifiers
• Energy management services
• Synchronous reluctance motor
• Shore power supply system

Awards & Recognition

• Ministry of Economy, Trade and Industry Minister Award (2018)
• IEEE McMurray Award for Industry Achievements in Power Electronics (2023)
• IEEE Gerald Kliman Innovator Award (2023)
• IEC 1906 Award (2023)