Daifuku Co., Ltd.
Climate Impact & Sustainability Data (2021-04 to 2022-03, 2022-04 to 2023-03, 2023-04 to 2024-03, 2024)
Reporting Period: 2021-04 to 2022-03
Environmental Metrics
ESG Focus Areas
- Climate Change
- Energy
- Resource Recycling
- Human Rights
- Supply Chain Management
- Diversity and Inclusion
- Employee Safety and Health
- Corporate Governance
- Compliance
Environmental Achievements
- Reduced Daifuku's total CO2 emissions by 13.8% over FY2018
- Achieved 63% sales ratio of projects including environmentally friendly products
- Avoided CO2 emissions of 69,694 t-CO2
- 99.4% waste recycling rate in Japan
- 99.3% waste recycling rate outside Japan (excluding North America)
Social Achievements
- Zero serious accidents related to product/system safety
- Increased paternity leave acquisition rate to 8.7%
- Improved paid leave acquisition rate to 73.3%
- Increased employment rate of people with disabilities to 2.54%
- Increased number of female managers to 20
Governance Achievements
- Established a Risk Management Committee chaired by the CEO
- Implemented e-learning on the Group Code of Conduct globally
- Conducted e-learning on general compliance globally
Climate Goals & Targets
- Zero environmental impact from material handling systems by 2050
- 70% or higher sales ratio of projects with environmentally friendly products by 2030
- 300,000 t-CO2 or more avoided CO2 emissions by 2030
- 25% or more reduction in total CO2 emissions by 2030 (from FY2018 levels)
- 50% or more corporate participation in supply chain CO2 reduction program by 2030
- 90% or higher recyclability rate for new products by 2030
- 99% or higher recycling rate of waste by 2030
- Not disclosed
Environmental Challenges
- Labor shortages in logistics and production sites
- Climate change risks (typhoons, floods)
- Transition risks (regulatory changes, carbon taxation)
- Supply chain disruptions
- Reputational risks from social media
- Cybersecurity threats
Mitigation Strategies
- Developing and implementing smart logistics solutions
- Business continuity planning (BCP)
- Diversifying production sites and suppliers
- Developing environmentally friendly products
- Strengthening information security measures
- Implementing risk assessments and risk response training
- Media training for officers
Supply Chain Management
Supplier Audits: Annual visits to major suppliers
Responsible Procurement
- Green Procurement Guidelines
- CSR Procurement Standards
- Supplier Quality Development (S.Q.D.) Award
Climate-Related Risks & Opportunities
Physical Risks
- Typhoons
- Floods
- Heatstroke
Transition Risks
- Carbon taxation
- Tighter regulations on CO2 emissions
Opportunities
- Growing demand for cold chain, e-commerce, and labor-saving solutions
Reporting Standards
Frameworks Used: GRI, TCFD
Certifications: ISO 14001, ISO 45001, ISO 9001
Third-party Assurance: Third-party inspection of GHG emission volume calculations
UN Sustainable Development Goals
- Goal 7
- Goal 8
- Goal 9
- Goal 10
- Goal 12
- Goal 13
- Goal 16
- Goal 17
Initiatives aligned with various SDGs through business activities and sustainability action plan
Sustainable Products & Innovation
- Daifuku Eco-Products
Awards & Recognition
- CDP Climate Change A- rating
- CDP Supplier Engagement Leaderboard highest rating
Reporting Period: 2022-04 to 2023-03
Environmental Metrics
ESG Focus Areas
- Climate Change
- Resource Recycling
- Coexisting with Nature
- Human Rights
- Diversity & Inclusion
- Governance
- Supply Chain Responsibility
- Product Quality and Safety
- Employee Safety and Health
Environmental Achievements
- Switched to 100% renewable energy at Shiga Works in November 2022
- Reduced CO2 emissions by 34% compared to FY2018
- Achieved a 95.3% recycling rate of waste (excluding North America)
- Avoided 121,356 t-CO2 emissions
Social Achievements
- Held round table discussions between CEO and employees
- Launched Daifuku Leadership Academy
- Employee turnover rate of 2.70% (non-consolidated)
- Increased number of female managers to 26
- Increased employment rate of people with disabilities to 2.48%
Governance Achievements
- Added a foreign national director in 2023, resulting in a 50% outside director ratio
- Established new C-suite roles for chief officers
- Improved the effectiveness of the Board of Directors
- Implemented measures to propagate the Group Code of Conduct globally
- Carried out internal audits in Japanese business units and global subsidiaries
Climate Goals & Targets
- Net-zero CO2 emissions throughout the supply chain by 2050
- Zero negative impact on natural capital by 2050
- Reduce CO2 emissions from purchased goods and services (Scope 3 Category 1) by 30% by 2030 (relative to FY2018)
- Reduce CO2 emissions from the use of sold products (Scope 3 Category 11) by 30% by 2030 (relative to FY2018)
- Reduce water use intensity by 30% by 2030 (relative to FY2018)
- Achieve 100% implementation of biodiversity conservation activities at major sites by 2030
- Not disclosed
Environmental Challenges
- Soaring raw material and labor costs
- Supply chain disruptions
- Labor shortages
- Geopolitical risks
- Inflation
- Extended lead times for procurement of materials
- One fatal accident involving a contractor at a global subsidiary
Mitigation Strategies
- Effective cost cutting
- Gradual steps to reflect inflation in contracts
- Cost reduction measures (standardization of products and review of designs)
- Building new factories in India, China, and North America
- Consolidating production sites
- Developing alternative sourcing strategies
- Implementing measures to prevent accident recurrence and improve the effectiveness of safety and health training
- Conducting risk assessments and implementing risk mitigation measures
Supply Chain Management
Responsible Procurement
- CSR procurement system
- Sustainable Procurement Guidelines (in progress)
- Supply Chain CO2 Reduction Program
- Information sharing with major suppliers regarding human rights and environmental issues
Climate-Related Risks & Opportunities
Physical Risks
- Increased incidence of typhoons, heavy rains, flooding
- Heatstroke
Transition Risks
- Carbon tax
- Regulatory changes
Opportunities
- Increased demand for products and services that support decarbonization
- Expansion of cold chain and e-commerce markets
- Growing demand for labor savings
Reporting Standards
Frameworks Used: GRI, TCFD, UNGC
Certifications: ISO 9001, ISO 45001
Sustainable Products & Innovation
- Daifuku Eco-Products
Awards & Recognition
- Ranked No. 1 in Modern Materials Handling’s “Top 20 Materials Handling Systems Suppliers” for nine consecutive years.
Reporting Period: 2023-04 to 2024-03
Environmental Metrics
ESG Focus Areas
- Climate Change
- Resource Recycling
- Coexisting with Nature
- Occupational Safety and Health
- Human Rights
- Supply Chain Management
- Diversity and Inclusion
- Employee Engagement
- Governance
Environmental Achievements
- Reduced Scopes 1 + 2 CO2 emissions by 48.0% compared to FY2018
- Achieved 54.0% renewable energy share in total energy consumption (FY2023)
- 95.6% recycling rate of waste (including valuable wastes)
Social Achievements
- Increased number of female managers from 20 (2.5%) in FY2021 to 41 (5.3%) in FY2024
- Launched internal secondment and job posting programs to support employee career development
- Conducted human rights impact assessments with third-party support, identifying no major concerns
Governance Achievements
- Established the Sustainability Management Committee to oversee ESG initiatives
- Revised executive remuneration system to include ESG indicators
- Strengthened compliance through training and a whistleblowing system
Climate Goals & Targets
- Achieve carbon neutrality by 2050
- Reduce Scopes 1+2 CO2 emissions by 60% by 2030 (compared to FY2018)
- Achieve 80% renewable energy share by 2030
- Reduce Scope 3 Category 1 and 11 emissions by 30% by 2030 (compared to FY2018)
- Achieve 100% prospective successor sufficiency rate for key positions by 2027
- Increase number of female managers to 60 (7.6%) by 2027
- Reduce water consumption by 60% by 2030 (compared to FY2018)
Environmental Challenges
- Rising material and labor costs
- Poor project management in some large projects outside Japan
- Supply chain disruptions
- Labor shortages
- Intensified competition
- Geopolitical risks
- High polarity in semiconductor demand
- Changes in the business environment
- Economic crises and business fluctuation
- Loss of important customers
- Political upheaval
- Delays, shortages, or inability to procure raw materials
- Inadequate management of subsidiaries
- Scandals involving Group companies
- Large-scale natural disasters
- Leakage of confidential information
- Cyberattacks
Mitigation Strategies
- Improving project management with better visualization
- Standardizing products and reducing costs
- Increasing production capacity in North America, China, and South Korea
- Establishing new C-suite roles to strengthen management
- Accelerating the introduction of cutting-edge technologies
- Expanding investment in human capital
- Improving capital efficiency and cash flows
- Implementing risk mitigation measures
- Strengthening Group governance
- Formulating the Sustainable Procurement Guidelines
- Conducting regular risk assessments
- Implementing business continuity plans
- Introducing AI and DX to improve productivity
- Strengthening information security
Supply Chain Management
Supplier Audits: 80% agreement rate on Sustainable Procurement Guidelines (July 2024)
Responsible Procurement
- Sustainable Procurement Guidelines
- Supplier Quality Development (S.Q.D.) Award
Climate-Related Risks & Opportunities
Physical Risks
- Increased frequency and severity of weather-related disasters
- Chronic rise in sea level
- Heat waves and chronic temperature increases
- Increasing water risk due to droughts
Transition Risks
- Increase in operating costs due to carbon tax
- Increase in procurement costs due to carbon tax or GHG reduction measures
- Increasing stringency in evaluation of climate change initiatives
Opportunities
- Progress in decarbonization technology development
- Increase in sales of products for semiconductor lines
- Shift to EVs
- Progress in low-carbon technologies using IoT
- Growing demand for waste reduction
Reporting Standards
Frameworks Used: IFRS Foundation, GRI Standards, TCFD recommendations
Certifications: ISO
UN Sustainable Development Goals
- Goal 7 (Affordable and Clean Energy)
- Goal 9 (Industry, Innovation and Infrastructure)
- Goal 12 (Responsible Consumption and Production)
- Goal 13 (Climate Action)
Daifuku's initiatives contribute to these goals through renewable energy adoption, sustainable product development, waste reduction, and CO2 emission reduction.
Sustainable Products & Innovation
- Energy-efficient products
- Automated picking systems
- Conveyorless transport systems
- AI-assisted transport systems
- D-PAD wireless battery charging system
- AI car wash machines
- Shower Hopper cleaning machine
Awards & Recognition
- Supplier Quality Development (S.Q.D.) Award
Reporting Period: 2024
Environmental Metrics
ESG Focus Areas
- Climate Change
- Resource Recycling
- Coexisting with Nature
- Supply Chain Management
- Human Rights
- Diversity and Inclusion
- Talent Development
- Workplace Environment
- Corporate Governance
- Compliance
Environmental Achievements
- 48.0% reduction in Daifuku CO2 emissions (Scopes 1 + 2) compared to FY2018
- 29.6% reduction in CO2 emissions from the use of sold products (Scope 3 Category 11) compared to FY2018
- 0.67% landfill disposal rate in Japan
- 35.5% reduction in water use intensity compared to FY2018
Social Achievements
- Increased number of female managers
- Increased employment rate of people with disabilities
- Increased paternity leave acquisition rate
- Established Sustainable Procurement Guidelines
- Conducted human rights due diligence initiatives globally
- Implemented various health promotion policies and organized events
Governance Achievements
- Revised executive remuneration system to include ESG indicators
- Improved the effectiveness of the Board of Directors
- Strengthened compliance throughout the Group
- Established a whistleblowing system
Climate Goals & Targets
- Net-zero CO2 emissions by 2050
- Achieve 80% renewable energy share by 2030
- Achieve 30% reduction in Scope 3 Category 1 emissions by 2030 (compared to FY2018)
- Achieve 100% sufficiency of successor candidates for key positions by FY2027
- Achieve 60% reduction in Scope 1 and Scope 2 emissions by 2030 (compared to FY2018)
Environmental Challenges
- Climate change related risks (transition risks, physical risks)
- Supply chain disruptions
- Labor shortages
- Maintaining high rate of stress check testing
- Achieving diversity and inclusion targets
- Securing and developing talent
Mitigation Strategies
- Group-wide Scope 1 and Scope 2 reductions
- Reduction of environmental impact in the supply chain
- Enhancement of climate-related information disclosure
- Risk assessments and implementation of risk mitigation measures
- Maintenance and improvement of working environment
- Reduction of water use
- Strategic response to semiconductor demand
- Adaptation to the shift to EVs
- Utilization of IoT, ICT, AI, and other advanced technologies
- Response to cold chain and e-commerce demand
- Balancing environmental and social value in material handling systems
- Strengthening collaboration with suppliers
- Implementing various health promotion policies and organizing events
- Introducing a new personnel handling system
- Introducing an internal secondment system and an internal job posting system
- Developing and implementing a human rights due diligence system
Supply Chain Management
Responsible Procurement
- Sustainable Procurement Guidelines
- Supplier Quality Development (S.Q.D.) Award
- Management and Safety Policy and Production Trends Presentation
- Supplier Operations Verification System
Climate-Related Risks & Opportunities
Physical Risks
- Floods
- Storm surges
- Droughts
- Heat waves
Transition Risks
- Tighter GHG emissions regulations
- Introduction of carbon pricing
- Progress in decarbonization technology development
- Increasing stringency in ESG evaluations
Opportunities
- Increasing demand for energy-efficient products
- Shift to EVs
- Utilization of IoT, ICT, AI, and other advanced technologies
- Growing demand for cold chain and e-commerce solutions
Reporting Standards
Frameworks Used: TCFD, UNGC, GRI, CDP
Certifications: ISO 14001, ISO 45001, ISO 9001
Third-party Assurance: SGS Japan, British Standards Institution
UN Sustainable Development Goals
- Goal 7
- Goal 8
- Goal 9
- Goal 10
- Goal 12
- Goal 13
- Goal 15
- Goal 16
- Goal 17
Daifuku's initiatives contribute to these goals through various environmental, social, and governance programs.
Sustainable Products & Innovation
- Energy-efficient products
- Products contributing to a recycling-based society