Climate Change Data

OKAMURA CORPORATION

Climate Impact & Sustainability Data (2011-2012, 2012-2013, 2014, 2014-2015, 2022-04 to 2023-03, 2023-2024)

Reporting Period: 2011-2012

Environmental Metrics

ESG Focus Areas

  • Environmental Management
  • Quality Management
  • Sustainable Development
  • Universal Design
  • Corporate Social Responsibility (CSR)

Environmental Achievements

  • Reduced energy consumption at automated warehouses using energy regenerative control system
  • Used wood thinned from a cedar plantation in Miyagi Prefecture to produce MDF for office systems
  • Received a letter of appreciation from the Chief of the Forestry Agency for efficient use of domestic forest thinnings

Social Achievements

  • Resumed operations at NS Okamura Corporation after damage from the Great East Japan Earthquake
  • Published CSR Report 2012 detailing recovery procedures and support for Tohoku area
  • Participated in various trade shows (International Modern Hospital Show, JAPAN SHOP, NeoCon, The Office Exhibition)
  • Supplied Leopard seating to Trenitalia (Italy), a first for a Japanese office furniture manufacturer in Europe

Governance Achievements

  • Strengthened compliance management and corporate governance
  • Published CSR Report 2012 outlining systematic CSR activities
  • ISO 9001 and ISO 14001 certifications at multiple production bases

Climate Goals & Targets

Environmental Challenges

  • Destruction of NS Okamura Corporation's production facilities by the tsunami following the Great East Japan Earthquake
Mitigation Strategies
  • Rebuilt NS Okamura Corporation's facilities and resumed full-scale operations

Supply Chain Management

Responsible Procurement
  • Green procurement of production materials
  • Green procurement for office supplies

Climate-Related Risks & Opportunities

Awards & Recognition

  • Good Design Award
  • JIDA Design Museum Selection
  • Intellectual Property Merit Award (METI Minister’s Award 2008)
  • Industrial Design Excellence Award, Gold Prize (2004)
  • iF Product Design Award (2006, 2007, 2010, 2012)
  • reddot design award (2006)
  • Ergonomic Excellence Award (2007, 2010)
  • Best of Neocon 2010 Innovation Award
  • universal design award (2011, 2012)
  • universal design consumer favorite (2011, 2012)
  • Good Design Award, USA (2011)

Reporting Period: 2012-2013

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 Management
  • Quality Management
  • Sustainable Development
  • Universal Design

Environmental Achievements

  • Introduced GREEN WAVE and GREEN WAVE Plus marks for environmentally friendly products.
  • Implemented KES Environmental Management System Standard.
  • Promoted material recycling, long product life, use of recycled materials, and energy saving.
  • Entire company received ISO 14001 certification (2000)

Social Achievements

  • Published CSR Report 2013 highlighting activities in corporate social responsibility.
  • Numerous awards received for product design, including universal design awards.
  • Collaboration with international designers on ergonomic and universally designed products.
  • Initiatives to promote universal design products.

Governance Achievements

  • Strengthened compliance management and corporate governance.
  • Established a quality assurance structure integrating processes from manufacturing to sales.
  • All production bases in Japan and overseas registered for ISO 9001 inspection.

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
  • Green procurement of production materials
  • Green procurement for office supplies

Climate-Related Risks & Opportunities

Physical Risks
  • Not disclosed
Transition Risks
  • Not disclosed
Opportunities
  • Not disclosed

Reporting Standards

Frameworks Used: Null

Certifications: ISO 14001, ISO 9001, GREENGUARD Indoor Air Quality Certified®

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

  • Not disclosed

Not disclosed

Sustainable Products & Innovation

  • Not disclosed

Awards & Recognition

  • Numerous awards for product design

Reporting Period: 2014

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 Responsibility (CSR)
  • Governance

Environmental Achievements

  • Initiatives to reduce environmental burden at worksites
  • Two projects related to improving forest health and revitalizing the forestry industry
  • Entire company received ISO 14001 certification (2000)
  • Oppama Plant received ISO 14001 certification (1997)

Social Achievements

  • Published CSR Report 2014
  • Numerous awards for product design and functionality
  • Various events for loyal customers (concerts, exhibitions)

Governance Achievements

  • Strengthened compliance management and corporate governance
  • ISO 9001 inspection registered at all production bases

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, ISO 9001

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

  • Not disclosed

Not disclosed

Sustainable Products & Innovation

  • Not disclosed

Awards & Recognition

  • Not disclosed

Reporting Period: 2014-2015

Environmental Metrics

ESG Focus Areas

  • Environmental
  • Social
  • Governance

Environmental Achievements

  • Published CSR Report 2015 detailing environmental initiatives, including classes with a university, forest health projects, and reducing environmental impact at business sites.
  • Introduced GREEN WAVE environmental activity guidelines and GREEN WAVE Plus mark for environmentally friendly products.
  • Products are designed for easy disassembly and material recycling, using recycled materials and minimizing hazardous substances.

Social Achievements

  • Held Okamura Design Space R and Okamura Management Seminar events.
  • Participated in various trade shows (ORGATEC, HOSPEX Japan, Supermarket Trade Show, SECURITY SHOW, NeoCon).
  • Published CSR Report 2015, highlighting collaborations with universities and initiatives to improve forest health and revitalize the forestry industry.

Governance Achievements

  • Strengthened compliance management and corporate governance.
  • Detailed information on Board of Directors and Corporate Auditors provided.

Climate Goals & Targets

Supply Chain Management

Responsible Procurement
  • Procuring wood materials from underused resources or sustainable forests.

Climate-Related Risks & Opportunities

Sustainable Products & Innovation

  • GREEN WAVE marked products

Awards & Recognition

  • iF Product Design Award 2015 (muffle and L-table)
  • Numerous Good Design Awards
  • Ergonomics Excellence Award (Contessa, Baron, Leopard)

Reporting Period: 2022-04 to 2023-03

Environmental Metrics

Total Carbon Emissions:30,771 t-CO2 (2022)
Scope 1 Emissions:13,698 t-CO2 (2022)
Scope 2 Emissions:16,932 t-CO2 (2022)
Scope 3 Emissions:1,523,303 t-CO2 (2022)
Renewable Energy Share:39.6% (2022)

ESG Focus Areas

  • Creating environments where people can thrive
  • Pursuing employee engagement
  • Global environmental initiatives
  • Responsible corporate behavior

Environmental Achievements

  • Reduced greenhouse gas emissions by 6.3% year-over-year to 30,771 t-CO2 in fiscal 2022
  • Reduced Scope 1 emissions by 7.7% year-over-year
  • Reduced Scope 2 emissions by 5.0% year-over-year
  • Renewable energy usage rate of 39.6%
  • Maintained zero emissions for Okamura plants in Japan since fiscal 2008
  • Achieved zero emissions in fiscal 2022 for most distribution centers (90%)
  • Reduced production-related waste generated per unit by 4.1% year-over-year
  • Reduced released/transferred PRTR substances per unit by 18.7% year-over-year

Social Achievements

  • Achieved 100% uptake rate for regular health examinations
  • 74.9% uptake rate for secondary health examinations
  • Average number of days of paid leave taken by employees in fiscal 2022 was 12.3 days, and the acquisition rate was 65.5%
  • Launched Job Engagement Reform WiL-BE 2.0 to improve employee engagement
  • Implemented measures to improve engagement and support employee engagement
  • Increased percentage of female employees to 21%
  • Increased percentage of female new graduate hires to 37.1%
  • Obtained L-Boshi Level 2 certification
  • Obtained Kurumin certification as a company that supports childcare
  • Recognized as a Best Workplace at the 2022 D&I Awards for the second consecutive year

Governance Achievements

  • Established a Sustainability Committee to promote sustainability initiatives
  • Signed the UN Global Compact
  • Established the Okamura Group Human Rights Policy
  • Obtained certification as a DX Certified Company
  • Implemented Okamura Hybrid Work to promote flexible work styles
  • Implemented measures to prevent passive smoking in the office

Climate Goals & Targets

Long-term Goals:
  • Achieve carbon neutrality by fiscal 2050
  • Use 100% renewable electricity in business activities by 2050
Medium-term Goals:
  • Reduce greenhouse gas emissions by 50% by fiscal 2030 (compared to fiscal 2020)
  • Raise energy productivity by 10% by fiscal 2030 (compared to fiscal 2020)
  • Reduce water resource use per unit by 10% by fiscal 2030 (compared to fiscal 2020)
  • Reduce produced waste per unit by 9% by fiscal 2030 (compared to fiscal 2020)
  • Reduce use of PRTR substances per unit by 10% by fiscal 2030 (compared to fiscal 2020)
  • Increase proportion of environmentally friendly products sold
  • Increase proportion of environmentally friendly space proposals
  • Increase percentage of female managers to 7% by fiscal 2024
Short-term Goals:
  • Reduce greenhouse gas emissions by 1,000 t-CO2/year
  • Reduce industrial fuel consumption by a five-year average of 1%
  • Reduce vehicle fuel consumption by a five-year average of 5%
  • Increase energy productivity by 1% year-over-year
  • Reduce production-related waste emission intensity by 1% year-over-year
  • Maintain zero emissions at distribution centers
  • Increase proportion of GREEN WAVE and GREEN WAVE+ products

Environmental Challenges

  • Climate change risks (extreme weather, transition risks)
  • Supply chain disruptions
  • Shrinking workforce
  • Increasing electricity costs
  • Need for automation and labor saving in logistics
  • Health risks of employees (lifestyle-related diseases, mental health issues)
  • Low uptake rate of gynecological checkups
Mitigation Strategies
  • Set targets for reducing greenhouse gas emissions (50% reduction by 2030, carbon neutrality by 2050)
  • Expanding the use of renewable energy
  • Joined RE100 and JCLP
  • Promoting modal shifts in transportation
  • Optimizing production and distribution
  • Developing energy-efficient products
  • Developing autonomous mobile robots for logistics
  • Implementing health and productivity management initiatives
  • Providing health education and information
  • Conducting regular health examinations and secondary health examinations
  • Implementing measures to support employees’ work-life balance
  • Improving the uptake rate for gynecological checkups by reflecting survey results

Supply Chain Management

Supplier Audits: 100% for high-risk suppliers

Responsible Procurement
  • Okamura Group Sustainable Procurement Guidelines
  • Sustainable procurement surveys
  • Green purchasing initiatives
  • Materials Guide

Climate-Related Risks & Opportunities

Physical Risks
  • Large-scale natural disasters
  • River flooding
  • Urban flooding
Transition Risks
  • Regulatory changes
  • Market shifts
  • Increase in electricity costs
Opportunities
  • Development of energy-efficient products
  • Expansion of renewable energy use

Reporting Standards

Frameworks Used: GRI Standards, ISO26000, SASB, FTSE4Good, TCFD

Certifications: ISO 14001, ISO 9001, FSC®, LEVEL®, BIFMA Indoor Advantage Gold

UN Sustainable Development Goals

  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 15
  • 16
  • 17

Initiatives contribute to various SDGs through environmental conservation, employee well-being, responsible business practices, and community engagement.

Sustainable Products & Innovation

  • GREEN WAVE and GREEN WAVE+ products
  • Contessa II circular model
  • Potam task seating with recycled materials
  • Products using recycled fishing nets, recycled resins, biomass plastics

Awards & Recognition

  • CDP Climate Change (A-)
  • EcoVadis (Gold)
  • 4th ESG Finance Awards Japan (Special Award)
  • Health & Productivity Management Outstanding Organization (White 500)
  • Cancer Ally Awards 2022 (Gold)
  • Sports Yell Company 2023

Reporting Period: 2023-2024

Environmental Metrics

ESG Focus Areas

  • Climate Change
  • Circular Economy
  • Diversity, Equality & Inclusion (DE&I)
  • Employee Engagement
  • Responsible Corporate Behavior

Environmental Achievements

  • Set a target of a 50% reduction in CO2 emissions by 2030 compared to 2020, and net zero by 2050. This reduction goal is recognized by the SBTi.
  • Expanding the use of renewable energy; member of RE100 (since March 2022).
  • Switching to hydroelectric power generation and installing solar power generation equipment at production sites.
  • Established environmental standards for its products based on the concept of the “Green Wave” since 1997.
  • Re:birth recycling infrastructure initiative for developing products through circular manufacturing.

Social Achievements

  • WiL-BE 2.0 Project for Improving Employee Engagement to enhance job satisfaction.
  • Promoting diversity and inclusion (DE&I).
  • Health management initiatives; certified as a “White 500” company in the Health & Productivity Outstanding Entities Recognition Program for FY 2023 (six years running).
  • DX Learning Platform (DXLP) initiatives to cultivate DX human resources.

Governance Achievements

  • Strengthening corporate governance; maximizing corporate value by optimizing the Group’s management structure.
  • Thorough implementation of the “Code of Conduct” for all employees.
  • Recognized as a DX Certified Business Operator by the Ministry of Economy, Trade and Industry in May 2023.

Climate Goals & Targets

Long-term Goals:
  • Net zero emissions by 2050
Medium-term Goals:
  • 50% reduction in Scope 1 and Scope 2 greenhouse gas emissions by 2030 compared to 2020.
  • 25% reduction in Scope 3 emissions by 2030 compared to 2020.

Environmental Challenges

  • Soaring prices of materials and parts.
  • Decline in the working population and soaring electricity prices impacting Material Handling Systems business.
Mitigation Strategies
  • Worked to reduce production and logistics costs.
  • Efforts to pass on price rises gradually gained traction during the second half (for Office Furniture and Store Displays).
  • Proactive proposal activities making maximum use of the strength of its superior products (for Material Handling Systems).

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: SBTi, TCFD, UN Global Compact

Certifications: ISO 9001, ISO 14001

Sustainable Products & Innovation

  • Contessa office chair
  • Contessa II office chair
  • Potam task seating circular model
  • Retrofit doors for refrigerated showcases
  • Okamura Robot Vehicle (ORV)

Awards & Recognition

  • White 500 company (Health & Productivity Outstanding Entities Recognition Program)