Climate Change Data

Kuraray Co., Ltd.

Climate Impact & Sustainability Data (2014-2018, 2015, 2023)

Reporting Period: 2014-2018

Environmental Metrics

Total Carbon Emissions:Not disclosed
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

  • Environmental
  • Social
  • Governance

Environmental Achievements

  • Reduced GHG emissions (Specific figures need further calculation from the provided data)

Social Achievements

  • Not disclosed

Governance Achievements

  • Not disclosed

Climate Goals & Targets

Long-term Goals:
  • Not disclosed
Medium-term Goals:
  • Not disclosed
Short-term Goals:
  • Not disclosed

Environmental Challenges

  • Not disclosed
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: Null

Certifications: ISO 14001

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

  • Not disclosed

Not disclosed

Sustainable Products & Innovation

  • Not disclosed

Awards & Recognition

  • Not disclosed

Reporting Period: 2015

Environmental Metrics

Total Carbon Emissions:1,265,000 t-CO2e
Scope 3 Emissions:1,059,000 t-CO2e (partially calculated)
Total Energy Consumption:443,000 kL (crude oil equivalent) (Domestic); 352,000 kL (crude oil equivalent) (Overseas)
Water Consumption:69.8 million m3 (Domestic)
Waste Generated:119,000 tons (Domestic); 9,300 tons (Overseas)

ESG Focus Areas

  • Safety
  • Environment
  • Social
  • Governance
  • Economic Performance

Environmental Achievements

  • Reduced GHG emissions by 9.4% compared with FY2010
  • Improved environmental efficiency (PRTR substance emissions) by 21.2% compared with FY2010
  • Maintained effective waste utilization rate of 97.6% and final landfill disposal rate of 0.34% in Japan
  • Reduced GHG emissions by about 82,000 tons-CO2 through biomass fuel consumption

Social Achievements

  • Launched a mechanism to support autonomous career development
  • Implemented various schemes for work-life balance, including childcare and nursing care leave
  • Continued to support employment of people with intellectual disabilities through workshops
  • Donated 7,111 school backpacks to children in Afghanistan through the “Sending School Backpacks Across the Sea” campaign

Governance Achievements

  • Strengthened corporate governance through measures such as reinforcing the board of corporate auditors and introducing an executive officer system
  • Established a whistleblower system (Employee Counseling Room) for all employees
  • Implemented a fair, impartial, and transparent HR system reflecting performance and skills in remuneration

Climate Goals & Targets

Short-term Goals:
  • Improve GHG emissions by 40% compared with FY2010 (Target year 2020)
  • Improve energy consumption by 10% compared with FY2010 (Target year 2020)
  • Improve PRTR substance emissions by 100% compared with FY2010 (Target year 2020)
  • Improve waste generated by 10% compared with FY2010 (Target year 2020)
  • Improve water consumption by 10% compared with FY2010 (Target year 2020)

Environmental Challenges

  • Increased energy consumption at overseas affiliates due to M&A and increased production volume
  • Increased waste generation at overseas affiliates due to M&A and increased production volume
  • Need to review medium-term environmental targets due to changes in the business environment
  • Maintaining high rate of annual paid vacations
Mitigation Strategies
  • Reviewing medium-term environmental targets and investigating new indicators
  • Continuous efforts to optimize operational conditions and recycle waste at overseas affiliates
  • Implementing measures to reduce GHG emissions and waste
  • Implementing specific measures to promote acquisition of annual paid vacations

Supply Chain Management

Supplier Audits: Around 700 key business partners surveyed on CSR procurement

Responsible Procurement
  • Kuraray CSR Procurement Policy based on the 10 principles of the UN Global Compact
  • Green Procurement Guidelines for 107 items

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: GRI G4, ISO 26000, Responsible Care (RC)

Certifications: ISO 14001

Sustainable Products & Innovation

  • PLANTIC™ biopolymers

Awards & Recognition

  • 39th Safety Grand Prix of the Japan Chemical Industry Association (Kashima Plant)

Reporting Period: 2023

Environmental Metrics

Total Carbon Emissions:2,700 thousand tons-CO2e

ESG Focus Areas

  • Sustainability
  • Innovation
  • Transformation of People and Organization

Environmental Achievements

  • Reduced GHG emissions by about 500 thousand tons-CO2e in 2023 compared to the 2019 benchmark.
  • Achieved a 56% sales ratio of products contributing to the natural and living environments in 2023, exceeding the 54% target for 2024 under PASSION 2026.
  • Expanded activated carbon business

Social Achievements

  • Formulated the Kuraray Group Human Rights Policy.
  • Conducted the first global engagement survey in 2022.
  • Launched a new DX Talent Development Project.

Governance Achievements

  • Established a Portfolio Strategy Department in January 2024.
  • Resolved a civil lawsuit filed in connection with a 2018 fire incident at a U.S. subsidiary.
  • Appointed a new female director in March 2024.

Climate Goals & Targets

Long-term Goals:
  • Achieve net-zero carbon emissions by 2050.
Medium-term Goals:
  • Reduce GHG emissions by 30% in 2030 compared to 2019.
  • Increase the sales ratio of products that contribute to the natural and living environments to 60% by 2026.
  • Boost the ratio of core human resources diversity to 25% or more by 2030.
Short-term Goals:
  • Increase the sales ratio of products that contribute to the natural and living environments to 57%.

Environmental Challenges

  • Weak demand and sluggish sales volume in many businesses in the second half of 2023.
  • Soaring raw materials and fuel prices.
  • Tightening regulations governing trace ingredients and chemical substance content of molded products.
Mitigation Strategies
  • Reined in production to adjust inventory to demand trends.
  • Passed on an appropriate share of the burden to customers in the form of price revisions.
  • Developed and implemented a common global HR platform and talent data.

Supply Chain Management

Supplier Audits: 82.5% coverage in Japan, 81.7% outside Japan (FY2022); extended to 304 overseas companies in 2023 with an 86% response rate.

Responsible Procurement
  • CSR Procurement Policy

Climate-Related Risks & Opportunities

Physical Risks
  • Flooding
  • Rising temperatures
Transition Risks
  • Carbon taxes
  • Changes in purchase cost of fossil fuels
Opportunities
  • Expanding business of products made by biomass-derived materials
  • Expanding business of renewable (recyclable) products
  • Expanding business that reduces scarce water supply

Reporting Standards

Frameworks Used: International Integrated Reporting Framework of the IFRS Foundation, Guidance for Collaborative Value Creation from the Japanese Ministry of Economy, Trade and Industry, GRI Standards

Sustainable Products & Innovation

  • EVAL™ EVOH resin
  • Activated carbon
  • Biodegradable vinyl acetate polymer
  • PVA microcarrier for cell culture