Climate Change Data

Environmental Metrics

ESG Focus Areas

• Environmental
• Social
• Governance

Environmental Achievements

• Not disclosed

Social Achievements

• Launched BlackJack Project and HORIBA Stained Glass Project, internal initiatives aimed at improving employee awareness and actions; Awarded Nadeshiko Brands Stock Selection Program by METI and Tokyo Stock Exchange

Governance Achievements

• Adopted the governance structure “Corporation with Audit and Supervisory Board”

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

• Not disclosed

Reporting Standards

Frameworks Used: Null

Certifications: Null

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

• Not disclosed

Not disclosed

Sustainable Products & Innovation

• Not disclosed

Awards & Recognition

• Nadeshiko Brands Stock Selection Program

Environmental Metrics

ESG Focus Areas

• Energy & Environment
• Bio & Healthcare
• Materials & Semiconductor

Environmental Achievements

• Launched gel-filled self-cleaning pH electrodes, reducing electrode maintenance frequency and workload on customers.
• Participating in projects in France to build a decarbonized society by supplying HORIBA FuelCon GmbH products and other HORIBA Group analysis and measurement equipment.
• HORIBA FuelCon GmbH began full-scale operation of their new facility, HORIBA eHUB, with a 7,000 m² production area, planning to roughly triple their existing production capacity by the end of 2023.

Social Achievements

• Launched the BlackJack Project in 1997, with over 13,000 project themes registered to improve work efficiency, develop human assets, and strengthen organizational capabilities.
• Launched the Stained Glass Project in 2014 to promote diversity and create a suitable working environment for diverse people.
• Implemented HORIBA COLLEGE to allow HORIBARIANs to determine what programs they need, become lecturers, and share skills and experience within the company.

Governance Achievements

• Established the HORIBA Group Sustainability System in October 2022 to promote initiatives for global sustainability.
• Introduced a corporate officer system in 1998 to enable smooth and agile execution of operations under the supervision and guidance of directors.
• Established a voluntary Nomination and Remuneration Advisory Committee to handle director remuneration, consisting primarily of independent management members to improve objectivity and transparency.

Climate Goals & Targets

Environmental Challenges

• Procurement price increases and delays in parts and materials due to global inflation and supply chain disruptions.
• Rising interest rates due to accelerating inflation in many countries.
• Increased expenses due to higher procurement prices and investment in growth areas.

Mitigation Strategies

• Global collaboration within HORIBA group companies to increase supply capacity and minimize the impact on customers.
• Borrowed 20 billion yen from the bank to increase cash on hand to prepare for crises.
• Careful selection of fixed asset investment projects and improving capital efficiency.

Supply Chain Management

Responsible Procurement

• Collaborating with suppliers as partner companies, maintaining close communication and considering mutually beneficial methods.

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: UNGC

Sustainable Products & Innovation

• Gel-filled self-cleaning pH electrodes
• SPCS-ONE Solid Particle Counting System
• XGT-9000 Pro and XGT-9000 Expert X-ray Analytical Microscopes
• GR-500 Series Wafer Back Side Cooling System
• Yumizen H330 CRP Automated Hematology and CRP Analyzer

Environmental Metrics

ESG Focus Areas

• Energy & Environment
• Bio & Healthcare
• Materials & Semiconductor
• Carbon Neutrality
• Human Rights
• Diversity & Inclusion

Environmental Achievements

• 42% reduction in CO2 emissions by 2032 (Scope 1, 2) (compared to 2022)
• Aiming for carbon neutrality by 2050
• Introducing renewable energy at each site worldwide

Social Achievements

• Global HORIBARIAN Exchange (GHE) program for employee development and cultural exchange
• BlackJack Project and HORIBA COLLEGE for employee development
• Stained Glass Project to promote diversity and inclusion
• Over 100 social contribution activities per year, with over 4,500 participants

Governance Achievements

• Established Nomination and Remuneration Committee
• Appointed first foreign director
• Increased number of Directors (Non-executive) to three
• Introduced a new stock-based remuneration system
• Regular evaluation of the effectiveness of the Board of Directors

Climate Goals & Targets

Environmental Challenges

• Supply chain disruptions
• Changes in emission regulations
• Fluctuating demand for semiconductors
• Risks related to climate change
• Risks related to business and human rights
• Risks related to information security
• Risks related to currency exchange
• Risks related to the international situation
• Risk of damage to facility and equipment due to natural disasters

Mitigation Strategies

• Investment in a new manufacturing factory in Fukuchiyama City, Kyoto Prefecture, Japan
• Expanding our Engineering Consultancy & Testing business
• Strengthening our technological capabilities in water quality measurement and industrial process monitoring
• BCP measures to mitigate risks from natural disasters and other disruptions
• Enhancing supply and procurement capabilities through global network
• Implementing Group risk management rules
• Three Lines Model for risk management

Supply Chain Management

Responsible Procurement

• Building sustainable supply chain systems that take into account human rights and biodiversity

Climate-Related Risks & Opportunities

Physical Risks

• Risk of damage to facility and equipment due to natural disasters

Transition Risks

• Changes in emission regulations

Opportunities

• Development of Fuel Cell/Electrolyzer evaluation analysis systems
• Engineering Consultancy & Testing business supporting next-generation mobility technologies

Reporting Standards

Frameworks Used: UNGC

Sustainable Products & Innovation

• Emission measurement systems
• Fuel Cell/Electrolyzer evaluation analysis systems
• Water quality analysis and examination systems
• Air pollution analyzers
• Mass flow controllers
• Chemical concentration monitors