Climate Change Data

Socionext Inc.

Climate Impact & Sustainability Data (2023-04 to 2024-03)

Reporting Period: 2023-04 to 2024-03

Environmental Metrics

Total Carbon Emissions:8198 tCO2e/year
Scope 1 Emissions:262 tCO2e/year
Scope 2 Emissions:7936 tCO2e/year
Scope 3 Emissions:376810 tCO2e/year
Renewable Energy Share:0%
Total Energy Consumption:165,944 GJ/year
Water Consumption:4145 m3/year
Waste Generated:13.39 tons/year

ESG Focus Areas

  • Corporate Governance
  • Integrity and compliance
  • Contribution to innovation
  • Reduction of GHG Emissions
  • Sustainable Supply chain
  • Securing, Retention and Development of human resources
  • Empowerment and Engagement of Employees
  • Human rights and Diversity
  • Quality and Reliability
  • Stable Supply
  • Asset management of Design data
  • Labor, Safety and Health
  • Water Management

Environmental Achievements

  • Reduced GHG emissions (Scope 1 and 2) by 336 t-CO2 compared to the previous year. GHG emissions per net sales were 3.71 t-CO2, a reduction of 0.72 t-CO2 compared with the previous year.
  • Reduced energy consumption in Japan by 9.8% year-on-year.
  • Reduced waste in Japan.

Social Achievements

  • Conducted human rights education (including harassment prevention and LGBTQ+ understanding) through e-learning for all employees (100% participation rate).
  • Increased percentage of engineers with global project experience to 82% (up 10 percentage points from the previous year).
  • Increased percentage of engineers with experience in advanced fields projects to 75% (up 14 percentage points from the previous year).

Governance Achievements

  • Implemented an annual evaluation of the effectiveness of the Board of Directors with the support of an external third-party organization.
  • Established a whistle-blowing system for both internal and external reporting.
  • Maintained a 0% rate of D-rated partners in supplier surveys.

Climate Goals & Targets

Long-term Goals:
  • Achieve carbon neutrality in GHG emissions (Scope 1 and 2) by 2050.
Medium-term Goals:
  • Achieve further miniaturization, higher levels of integration and lower power consumption of customer products.
Short-term Goals:
  • Reduce energy use by 1% over a five-year average.

Environmental Challenges

  • Climate change risks including transition risks (regulation changes, market shifts), physical risks (extreme weather, disruptions at contract manufacturers and data centers), and opportunities (efficient resource use, higher demand for low-power products).
  • Securing and retaining human resources with expertise in SoC development.
  • Maintaining stable supply chains.
  • Ensuring compliance with laws and regulations globally.
  • Managing information security and protecting confidential customer information.
Mitigation Strategies
  • Developing and distributing energy-saving and space-saving eco-friendly devices and solutions.
  • Investing in R&D to maintain competitiveness in the market.
  • Implementing various training programs for engineers.
  • Establishing a whistle-blowing system.
  • Conducting annual supplier surveys and implementing corrective actions.
  • Establishing a robust information security system.

Supply Chain Management

Supplier Audits: Annual surveys of 261 suppliers, with 80.2% response rate based on transaction amount.

Responsible Procurement
  • Socionext Group CSR Procurement Guidelines
  • RBA Code of Conduct
  • Responsible Minerals Procurement Policy

Climate-Related Risks & Opportunities

Physical Risks
  • Acute and chronic disruptions at contract manufacturers and data centers due to abnormal weather and water shortages.
  • Higher power costs at data centers due to rising air temperatures.
Transition Risks
  • Regulation-driven increases in cost of materials, electricity, and other inputs.
  • Sales decrease and reputation risk due to inability to offer environmentally friendly devices.
Opportunities
  • Higher demand for low-power products.
  • Cost savings through more efficient use of resources.
  • Acquiring new customers by leveraging low-power-consumption technologies.

Reporting Standards

Frameworks Used: TCFD, ISSB, SASB, WEF, CSRD

Certifications: ISO 14001, ISO 9001, ISO/IEC 5230

Sustainable Products & Innovation

  • Low-power consumption SoCs