DAIICHI JITSUGYO CO., LTD.
Climate Impact & Sustainability Data (2020-2021, 2022-04 to 2023-03)
Reporting Period: 2020-2021
Environmental Metrics
Total Carbon Emissions:1617.09 t-CO2 (FY2021)
ESG Focus Areas
- Climate Change
Environmental Achievements
- Operated an environmental management system (EMS) based on ISO 14001 since January 2004.
- Established the Sustainability Promotion Committee (Sustainability Committee) in April 2022 to deliberate sustainability-related matters, including climate change.
- Established the Corporate Sustainability Department in April 2023 to reinforce EMS operation and accelerate sustainability initiatives.
Governance Achievements
- Designated Representative Director, President & CEO as the top management official and the General Manager of the Administration Division as the person in charge of environmental management.
- Sustainability Committee regularly monitors in-house initiatives and engages in the deliberation and consideration of future initiatives. The contents of its deliberations are reported to the Board of Directors.
Climate Goals & Targets
Long-term Goals:
- Achieve net-zero GHG emissions by FY2050.
Medium-term Goals:
- Reduce GHG emissions by 46% compared to FY2020 by FY2030.
Environmental Challenges
- Transition risks: Policy and legal changes (carbon pricing, tightening regulations), market surge in raw material prices, decline in fossil fuel business, failure of new projects, reputational risks.
- Physical risks: Intensification of abnormal weather, rise in temperature.
Mitigation Strategies
- Incorporating climate-related risks and opportunities into consideration of business investments.
- Advancing initiatives such as biomass power generation and ammonia manufacturing technologies.
- Offering environmentally-friendly products and services to manufacturing customers.
- Entering new growth markets and engaging in activities aimed at achieving carbon neutrality.
- Replacing gasoline-fueled company vehicles with hybrid vehicles and considering the introduction of EVs.
- Switching to electric power derived from renewable energy and introducing energy-saving equipment.
Supply Chain Management
Climate-Related Risks & Opportunities
Physical Risks
- Intensification of abnormal weather
- Rise in temperature
Transition Risks
- Policy and legal changes (carbon pricing, tightening regulations)
- Market surge in raw material prices
- Decline in fossil fuel business
- Failure of new projects
- Reputational risks
Opportunities
- Increase in business opportunities with subsidies (carbon neutral policies)
- Increase in business opportunities in new markets (new energy sources)
- Increase in business opportunities created by lateral deployment of drilling business (CCS and other new opportunities)
- Enhanced corporate value, raised outside assessments, and improved employee engagement (external assessments of climate change initiatives)
Reporting Standards
Frameworks Used: TCFD
Certifications: ISO 14001
Sustainable Products & Innovation
- Biomass power generation
- Ammonia manufacturing technologies
Reporting Period: 2022-04 to 2023-03
Environmental Metrics
Total Carbon Emissions:1617.37 t-CO2 (FY2020)
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
- Human Resources
- Environment
- Governance
- Sustainable Society Contribution
Environmental Achievements
- Aiming for a 46% reduction in greenhouse gas emissions by FY2030 (compared to 1,617.37 t-CO2 in FY2020) and net zero by FY2050.
Social Achievements
- Focus on human capital development, including targets for female, foreign, and mid-career employees.
- Commitment to providing safe and secure products and a healthy work environment.
Governance Achievements
- Strengthening internal controls and governance; Risk management.
Climate Goals & Targets
Long-term Goals:
- Net zero emissions by FY2050
Medium-term Goals:
- 46% reduction in greenhouse gas emissions by FY2030 (compared to 1,617.37 t-CO2 in FY2020)
- Targets for core human resources by FY2031 (Female employees, Foreign employees, Mid-career recruits)
Short-term Goals:
- Not disclosed
Environmental Challenges
- Climate change
- Environmental issues
- Respect for human rights
- Compliance
- Natural disasters
- Spread of infection
- Changes in international affairs
- Changes in industrial structure
- Changes in supply chain
- Aging infrastructure
- Information and cyber securities
Mitigation Strategies
- Not disclosed
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: International Integrated Reporting Council’s (IIRC) “International Integrated Reporting Framework”, Ministry of Economy, Trade and Industry’s “Guidance for Integrated Corporate Disclosure and Company-Investor Dialogues for Collaborative Value Creation”
Certifications: Null
Third-party Assurance: Not disclosed
UN Sustainable Development Goals
- Not disclosed
Not disclosed
Sustainable Products & Innovation
- Not disclosed
Awards & Recognition
- Not disclosed