NS TOOL CO., LTD.
Climate Impact & Sustainability Data (2022-04 to 2023-03, 2023-04 to 2024-03)
Reporting Period: 2022-04 to 2023-03
Environmental Metrics
Total Carbon Emissions:4783 tCO2e (2021, Scope 1 & 2); reduction of 89 tons from 2020
Scope 1 Emissions:Not disclosed
Scope 2 Emissions:Not disclosed
Scope 3 Emissions:Not disclosed
Renewable Energy Share:Not disclosed
Total Energy Consumption:Not disclosed
Water Consumption:Not disclosed
Waste Generated:Not disclosed
Carbon Intensity:Not disclosed
ESG Focus Areas
- Environment
- Human Rights
- Community and Society
- Employee Job Satisfaction
- Partnerships with Suppliers
- Crisis Management
Environmental Achievements
- Awarded the “Environmental Special Award” by the Japan Cutting & Wear-resistant Tool Association in fiscal year 2022 for achievements in reducing emissions. Scope 1 and 2 emissions totaled 4,783 tons in the fiscal year ended March 31, 2021, a decrease of 89 tons from the fiscal year ended March 31, 2020. Energy conservation efforts through power usage reduction targets.
Social Achievements
- Not disclosed
Governance Achievements
- Established a Sustainability Committee and a Human Resources Committee, both reporting to the Board of Directors. Implemented a compliance program including workshops, emails, magazines, and a Compliance Consultation Desk (whistleblower hotline).
Climate Goals & Targets
Long-term Goals:
- Not disclosed
Medium-term Goals:
- Achieve a 20% ordinary profit margin on sales and a 10% ROE.
Short-term Goals:
- Not disclosed
Environmental Challenges
- Supply chain disruptions due to the situation in Ukraine and lockdowns in China.
- Soaring raw material and energy prices.
- Slow recovery of the manufacturing industry.
- Delayed recovery of production volume in the automotive industry.
- Increased costs due to inflation.
- Concerns about the worsening global economy and trends in resource prices.
Mitigation Strategies
- Increased manufacturing internalization.
- Price increases for major products.
- Cost-cutting measures (Orange FC activities).
- Active sales activities utilizing remote and face-to-face meetings and exhibitions.
- New product launches and lineup expansion.
- Continued promotion of business improvement and cost reduction (Orange FC Activities).
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
- Environmental Special Award (Japan Cutting & Wear-resistant Tool Association)
Reporting Period: 2023-04 to 2024-03
Environmental Metrics
Total Carbon Emissions:4813 tCO2e (2023)
ESG Focus Areas
- Responding to environmental issues
- Respect for human rights
- Contributions to community and society
- Employee job satisfaction
- Partnerships with suppliers and distributors
- Crisis management for accidents, etc.
Environmental Achievements
- Acquired ISO14000 certification in 2004 and implemented various environmental initiatives.
- Reduced total electricity consumption year-on-year, despite an increase in emissions counts.
Social Achievements
- Formulated and announced the “Human Resources Development Policy” and “Workplace Environment Development Policy” based on the company motto “MEI-RAKU-SO (Cheerful, Comfortable and Creative)”,
- Acquired “Kurumin” Certification
- Making efforts to improve indicators of “ratio of female managers,” “male childcare leave acquisition rate,” and “wage gap between men and women”.
Governance Achievements
- Established a Sustainability Strategy Committee and a Human Resources Committee including Outside Directors.
- Established a voluntary Nomination and Remuneration Committee to strengthen governance.
- Established a “Compliance Consultation Desk” that functions as a counter for its whistleblowing system.
Climate Goals & Targets
Medium-term Goals:
- Achieve a 20% ordinary profit margin on net sales and 10% ROE.
Environmental Challenges
- Increased costs of raw materials, electricity, and labor.
- Slowdown of the Chinese economy and global economic uncertainty.
- Continued trend of yen depreciation and high energy prices.
- Unstable global situation in the Middle East and Ukraine.
Mitigation Strategies
- Improving production efficiency and reducing costs.
- Promoting business improvement and cost reduction through “Orange FC Activities”.
- Actively conducting sales activities and participating in exhibitions.
- Launching new products and expanding product lineups.