Climate Change Data

Environmental Metrics

ESG Focus Areas

• Environmental Sustainability
• Social Responsibility
• Governance

Environmental Achievements

• Introduced CO2-free electricity (Shinshu Green Electricity) in three factories from March 2021.
• Received external awards for energy conservation initiatives in FY2019 and FY2020.
• Recycled 350 tons of copy paper since 1999 through the INA copy paper recycling system.

Social Achievements

• Provided CSR basic training for managers on SDGs to 336 participants in FY2019.
• Maintained strong local employment and community engagement in the Ina Valley.
• Implemented initiatives to nurture love for one’s hometown, including participation in Yume Daigaku and Career Festival programs.

Governance Achievements

• Maintained a policy of protecting employment during economic hardship (e.g., Lehman Brothers bankruptcy).
• Implemented a performance-driven personnel system since 1996, rewarding individual skills and results.
• Held financial results meetings (in-person and later via telephone conference) to engage with investors.

Climate Goals & Targets

Environmental Challenges

• COVID-19 pandemic impacting communication, exhibitions, and workstyles.
• Need to adapt to changing customer requirements and shorten product development time.
• Balancing business continuity with environmental sustainability.

Mitigation Strategies

• Developed systems for remote working, special leave programs, and online exhibitions.
• Promoted research into thermal design using simulation technology and shared models online.
• Implemented emergency response plans to ensure business continuity during the pandemic.

Supply Chain Management

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: SDGs

UN Sustainable Development Goals

• Various SDGs

KOA's initiatives contribute to several UN SDGs through community engagement, environmental sustainability, and employee well-being programs.

Awards & Recognition

• Chubu Electricity Use Rationalization Committee’s Chairman’s Award for FY 2019
• Kanto Bureau of Economy, Trade and Industry’s 2020 Director General’s Award for Excellence in Energy Management in Business

Environmental Metrics

ESG Focus Areas

• Carbon Neutrality
• Health and Productivity Management
• Product Development for Sustainable Society
• Stakeholder Engagement
• Biodiversity
• Community Engagement

Environmental Achievements

• Transitioned electric power usage in Nagano Prefecture to 100% renewable energy, resulting in a 75% reduction in CO2 emissions in Japan.
• Implemented various energy conservation measures and renewable energy introduction at multiple sites.
• Reduced quantity and consumption rate of energy from crude oil (specific figures provided in the report but not easily extractable in a quantified format).

Social Achievements

• Obtained certification in the 2022 Certified Health & Productivity Management Outstanding Organizations Recognition Program.
• Implemented health promotion activities for employees and their families (osensho program).
• Introduced an extensive support package to help employees achieve self-fulfillment, including career path training.
• Maintained a policy of no personnel cutbacks and created a pleasant workplace.
• Participated in activities aimed at nurturing love for one’s hometown (Hometown Love Project).

Governance Achievements

• Implemented reforms in 1996 to shift from a traditional personnel system focused on promotion by seniority to a system driven by performance and results.
• Set a target of achieving a medium-term management plan with a goal of 11% or more for the return on equity (ROE).
• Strengthened engagement through dialogue with investors and improved the content of IR information disclosure.

Climate Goals & Targets

Environmental Challenges

• Higher costs associated with the introduction of renewable energy.
• Need to address Scope 3 emissions.
• Maintaining business continuity during the COVID-19 pandemic.
• Meeting increasing customer demands for sustainable product development.

Mitigation Strategies

• Replacing the “CO2 equivalent” indicator with a “cost” indicator to make GHG reduction targets more understandable and achievable.
• Contributing to energy conservation by customers and promoting local forest maintenance efforts (Scope 3).
• Setting up a countermeasures headquarters to deal with the COVID-19 pandemic and implementing business continuity plans.
• Conducting in-house evaluations of contributions to a sustainable society from the early stages of product design.

Supply Chain Management

Climate-Related Risks & Opportunities

Sustainable Products & Innovation

• Metal plate type chip jumper (TLRZ)
• Surface mount type molded wirewound resistor (MWS5)

Awards & Recognition

• FY2021 National Award for Greenery Factory (Japan Greenery Research and Development Center Chairman’s Award)