Climate Change Data

Environmental Metrics

ESG Focus Areas

• Green Technology
• Chemical Recycling
• Decarbonization

Environmental Achievements

• Pilot project to directly convert waste polyamide 66 to raw materials (partner: Asahi Kasei Corporation)
• Granted continued funding for distributed chemical recycling system (Partner: Osaka Pref. & Seven-Eleven Japan)
• Development of microwave technology platform "Green Mining-MX" for energy-efficient and CO2-reducing lithium ore refining (Partner: Mitsui & Co., Ltd.)
• 90% reduction in CO2 emissions with electrification using renewable energy (estimated from fatty acid esters plant)

Social Achievements

• Selected as “Japan Startup Award 2023 (MEXT Award)”

Governance Achievements

• Not disclosed

Climate Goals & Targets

Environmental Challenges

• Difficulty in controlling microwaves for industrial applications due to their wave nature
• Scaling up microwave processes to industrial level

Mitigation Strategies

• Developed database of absorption rate of each molecule and simulation technologies for precise microwave control
• Completed large-scale chemical plant using microwave chemical process in Osaka in 2014

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement

• Not disclosed

Climate-Related Risks & Opportunities

Physical Risks

• Not disclosed

Transition Risks

• Not disclosed

Opportunities

• Development of energy-efficient products and processes

Reporting Standards

Frameworks Used: Null

Certifications: Null

Third-party Assurance: Not disclosed

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)

Initiatives contribute to these goals through development and implementation of green technologies, chemical recycling, and decarbonization efforts.

Sustainable Products & Innovation

• Chemical recycling technologies
• Energy-efficient lithium ore refining technology

Awards & Recognition

• Japan Startup Award 2023 (MEXT Award)

Environmental Metrics

ESG Focus Areas

• Carbon neutrality
• Green business

Environmental Achievements

• Launched joint development of innovative naphtha cracking technology, "M-Cracker", using microwave heating, aiming to significantly reduce CO2 emissions.
• Launched joint development of microwave process application in elastomer manufacturing, aiming to improve economic efficiency and productivity.
• Launched joint development of nickel smelting and refining technology using microwaves, aiming for significant reduction in CO2 emissions and energy conservation.

Social Achievements

• Not disclosed

Governance Achievements

• Not disclosed

Climate Goals & Targets

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

• Development of energy-efficient products

Reporting Standards

Frameworks Used: Null

Certifications: Null

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

• Goal 7 (Affordable and Clean Energy)
• Goal 9 (Industry, Innovation and Infrastructure)
• Goal 13 (Climate Action)

Microwave Chemical's technologies aim to reduce energy consumption and CO2 emissions in various industrial processes, contributing to these SDGs.

Sustainable Products & Innovation

• M-Cracker
• Microwave process application in elastomer manufacturing
• Microwave-based nickel smelting and refining technology

Awards & Recognition

• Not disclosed

Environmental Metrics

ESG Focus Areas

• Green Business
• Decarbonization
• Chemical Recycling
• Metal Smelting

Environmental Achievements

• Achieved significant growth in Phase 2 projects in the green business area, including the installation of a demonstration facility for carbon fiber production at Mitsui Chemicals’ work.
• Standardization of chemical recycling and metal smelting processes and horizontal development of multiple projects are ongoing.
• Significant reduction in CO2 emissions and energy savings through improved thermal efficiency in metal smelting process.

Social Achievements

• Successful recruitment of core professional members to accelerate management operations and the technology platform development.
• Increased salary level in FY25/3 (average +11% compared to FY24/3).
• Enhanced personnel evaluation and training systems.
• Launched dialogues between management and employees.

Governance Achievements

• Not disclosed

Climate Goals & Targets

Environmental Challenges

• The decision to dissolve affiliated company T M T Co.,Ltd., resulted in a cash outflow of JPY500MM and an extraordinary loss of c.JPY1.0Bn.
• Uncertainty in new technological fields and market penetration.
• Potential emergence of new competitors with superior R&D capabilities.
• Potential for intellectual property infringement issues.

Mitigation Strategies

• Controlling costs based on the platform business model.
• Engaging in partnerships through joint development agreements and joint venture contracts with chemical companies and other entities.
• Advancing the construction of plants utilizing microwave processes and accumulating knowledge in microwave chemistry.
• Consulting with lawyers and patent attorneys to consider specific countermeasures based on the nature of the case.

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement

• Not disclosed

Climate-Related Risks & Opportunities

Physical Risks

• Not disclosed

Transition Risks

• Not disclosed

Opportunities

• Development of energy-efficient products and processes; decarbonization through microwave technology.

Reporting Standards

Frameworks Used: Null

Certifications: Null

Third-party Assurance: Not disclosed

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)

Initiatives contribute to these goals through decarbonization efforts, development of sustainable technologies, and promotion of circular economy.

Sustainable Products & Innovation

• Microwave-based chemical recycling technology, low-carbon lithium ore smelting technology.

Awards & Recognition

• Not disclosed