Nippon Oil Transport Co., Ltd.
Climate Impact & Sustainability Data (2023-04 to 2024-03)
Reporting Period: 2023-04 to 2024-03
Environmental Metrics
Total Carbon Emissions:1,004,665 t-CO2e/year (reduced)
ESG Focus Areas
- Environment
- Social
- Governance
Environmental Achievements
- Reduced CO2 emissions by 1,004,665 t-CO2 through modal shift and other initiatives.
- Achieved over 90% reuse/recycling rate of used transport containers.
Social Achievements
- Implemented various safety initiatives, including safety patrols and training programs.
- Maintained an employee paid time off rate of 75.2%.
- Conducted employee surveys on workplace environment and human rights.
- Engaged in various social contribution activities, including donations to organizations supporting the visually impaired and children in poverty.
Governance Achievements
- Established and implemented a corporate governance framework.
- Conducted an effectiveness evaluation of the board of directors.
- Implemented a robust compliance system, including a whistleblower hotline.
Climate Goals & Targets
Long-term Goals:
- Become Japan's No. 1 energy transportation company by 2030.
Medium-term Goals:
- Achieve sales of over 37.5 billion yen, operating profit of over 1.8 billion yen, and ordinary profit of over 2 billion yen by FY2026.
Environmental Challenges
- Supply chain disruptions due to significant damage to railway and road-related facilities.
- Fluctuations in supply due to changes in domestic and global economic and political situations.
- Fluctuations in fuel oil prices affecting transportation costs.
- Exchange rate fluctuations impacting fuel oil prices and overseas chemical transportation business performance.
- Major accidents or inspection deficiencies leading to contract cancellations or license revocations.
- Shortage of drivers due to aging population and unattractive working conditions in the logistics industry.
- Shortage of human resources due to infectious disease outbreaks.
Mitigation Strategies
- Developed a business continuity plan (BCP).
- Diversification of business segments and stabilization of revenue.
- Expansion and development of new businesses, including asset management.
- Introduction of fuel-efficient vehicles and research on EVs and FCVs.
- Implementation of hedging measures such as foreign exchange reserves.
- Establishment of a safety system, including safety training and equipment.
- Implementation of measures to prevent inspection oversights and accidents.
- Improvement of employment environment to secure drivers.
- Implementation of measures to balance infection prevention and business continuity, including flexible work arrangements and telework.
Supply Chain Management
Supplier Audits: 47 supplier visits and hearings.