Climate Change Data

ELECOM CO., LTD.

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

Reporting Period: 2023-04 to 2024-03

Environmental Metrics

Total Carbon Emissions:2,272 t-CO2e/year (Scope 1 & 2)
Scope 1 Emissions:727 t-CO2e/year
Scope 2 Emissions:1,545 t-CO2e/year
Scope 3 Emissions:255,355 t-CO2e/year
Renewable Energy Share:Not disclosed
Total Energy Consumption:4,662 MWh/year
Water Consumption:7,834 m3/year
Waste Generated:1,509 tons/year
Carbon Intensity:0.80 t-CO2e/million yen (FY2023)

ESG Focus Areas

  • Strengthening management frameworks
  • Developing human resources and organizations
  • Ensuring customer safety and satisfaction
  • Responding to environmental concerns

Environmental Achievements

  • Reduced Scope 1 and Scope 2 CO₂ emissions by 18.4% (vs. FY2020) through the combined effects of the conversion to LED lighting and the installation of motion sensors in our Hyogo Logistics Center.
  • Reduced total amount of plastic reduction by 74 tons.
  • Switched to renewable energy at Logitec INA Solutions head office factory and at the DX Antenna Seishin Technology Center.

Social Achievements

  • Revised the basic policy on human rights of labor and moved forward with preparations for compliance with global standards.
  • Improved employee engagement scores year-on-year in 14 of 21 items surveyed.
  • Increased maternity benefits to support employees’ child rearing.

Governance Achievements

  • Established Nomination Committee and Compensation Committee
  • Adopted Executive Officer system
  • Strengthened assessments regarding Board of Director effectiveness

Climate Goals & Targets

Long-term Goals:
  • Achieve carbon neutrality by 2050
Medium-term Goals:
  • Reduce CO₂ emissions (Scope 1 + Scope 2) by 50% relative to levels of FY2020 by FY2030.
Short-term Goals:
  • Not disclosed

Environmental Challenges

  • Supply chain disruptions due to natural disasters and geopolitical risks
  • Labor shortages in the logistics industry
  • Increasingly stringent regulations associated with climate change
  • Need to reduce Scope 3 emissions
Mitigation Strategies
  • Diversification of production locations and procurement sources
  • Automation and labor-saving initiatives at logistics centers
  • Joint transportation and participation in SLOC project
  • Implementation of CSR procurement guidelines and online audits of suppliers
  • Review and strengthen business continuity plans, and transition to multiple suppliers and logistics centers
  • Expand lineup of “THINK ECOLOGY” products
  • Set long-term targets for reducing CO₂ emissions and disclose progress toward achieving such targets

Supply Chain Management

Supplier Audits: 3 companies (online audits) in FY2024

Responsible Procurement
  • Supplier Code of Conduct
  • Basic guidelines on purchasing management
  • CSR procurement self-assessment survey
  • Human rights and environmental due diligence

Climate-Related Risks & Opportunities

Physical Risks
  • Natural disasters (floods, typhoons)
  • Extreme weather (heat waves)
Transition Risks
  • Carbon pricing
  • Regulations on plastics and GHG emissions
  • Changes in customer demand
  • Investment withdrawal by investors
Opportunities
  • Development of eco-conscious products
  • Cost reduction through logistical streamlining
  • New business opportunities related to decarbonization

Reporting Standards

Frameworks Used: GRI Standards, ISO 26000, TCFD, UNGC

Certifications: ISO 14001, ISO 9001, ISO 13485

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

  • Goal 7 (Affordable and clean energy)
  • Goal 12 (Responsible consumption and production)
  • Goal 13 (Climate action)

Initiatives contribute to these goals through renewable energy adoption, waste reduction, eco-conscious product development, and climate change mitigation.

Sustainable Products & Innovation

  • THINK ECOLOGY products
  • Phase Free products

Awards & Recognition

  • Logistics Grand Prix Business Reprocess Engineering Encouragement Prize