Climate Change Data

Kubota Corporation and its subsidiaries

Climate Impact & Sustainability Data (2021)

Reporting Period: 2021

Environmental Metrics

Total Carbon Emissions:613 kilotons CO2e/year
Scope 1 Emissions:303 kilotons CO2e/year
Scope 2 Emissions:304 kilotons CO2e/year
Scope 3 Emissions:30,388 kilotons CO2e/year
Renewable Energy Share:1.5%
Total Energy Consumption:12,319 TJ/year
Water Consumption:4.61 million m3/year
Waste Generated:117 kilotons/year
Carbon Intensity:Data not explicitly provided.

ESG Focus Areas

  • Climate Change
  • Recycling-based Society
  • Water Resources
  • Chemical Substances
  • Biodiversity
  • Food Security
  • Water Security
  • Urban and Living Environments
  • Customer Satisfaction
  • Supplier Relations
  • Shareholder Engagement
  • Employee Well-being
  • Human Rights
  • Diversity & Inclusion
  • Community Investment

Environmental Achievements

  • Reduced CO2 emissions by 16.5% compared to FY2014.
  • Increased sales ratio of Eco-Products to 68.0% in FY2021.
  • Improved CO2 emissions per unit of sales by 9.3% compared to the previous year.
  • Improved waste discharge per unit of sales by 1.7%
  • Improved water consumption per unit of sales by 10.8%
  • Improved VOC emissions per unit of sales by 11.9%

Social Achievements

  • Achieved 99.2% customer satisfaction with answers.
  • 55.1% resolution ratio of issues on Kubota Agricultural Solution Products Website.
  • Expanded CSR procurement initiatives globally.
  • Implemented measures to encourage existing shareholders to hold their shares for a long period of time.
  • Implemented measures to prevent the recurrence of equipment abnormalities.
  • Strengthened initiatives to improve working environments.
  • Continued to promote the second phase of Health Kubota 21.
  • Expanded employment of people with disabilities throughout the Kubota Group.

Governance Achievements

  • Established the ESG Management Strategy Meeting.
  • Enhanced information disclosure in annual securities reports.
  • Expressed support for the TCFD recommendations.

Climate Goals & Targets

Long-term Goals:
  • Achieve carbon neutrality by 2050.
Medium-term Goals:
  • Reduce CO2 emissions from the Kubota Group by 50% compared to FY2014 by 2030.
  • Increase the sales ratio of Eco-Products to 80% by FY2030.
Short-term Goals:
  • Reduce CO2 emissions per unit of production by 25% by 2025.
  • Increase renewable energy usage ratio to 1% or more by 2025.
  • Reduce waste discharge per unit of production by 33% by 2025.
  • Reduce water consumption per unit of production by 23% by 2025.
  • Reduce VOC emissions per unit of production by 42% by 2025.
  • Increase sales ratio of Eco-Products to 70% or more by 2025.

Environmental Challenges

  • Climate change impacts (transitional risks, physical risks) on food, water, and living environments.
  • Resource depletion and soaring resource prices.
  • Stricter environmental regulations.
  • Increased frequency and severity of weather disasters.
  • Water shortages and uneven distribution of water resources.
  • Growing concerns about marine plastic pollution.
  • COVID-19 pandemic impact on business operations.
Mitigation Strategies
  • Formulated Environmental Vision and Medium- and Long-Term Environmental Conservation Targets.
  • Implemented energy-saving measures, fuel conversion, and renewable energy expansion.
  • Promoted waste reduction, resource recycling, and water conservation.
  • Developed environment-friendly products and services.
  • Strengthened supplier engagement on CSR and conflict minerals.
  • Implemented BCP measures to minimize the impact of weather disasters.
  • Enhanced employee safety and well-being initiatives.

Supply Chain Management

Supplier Audits: 220 supplier self-assessments in Japan, expanding globally.

Responsible Procurement
  • Kubota Group CSR Procurement Guidelines
  • Green Procurement Guidelines
  • Conflict Minerals Reporting Template (CMRT)
  • Green Supplier Award System

Climate-Related Risks & Opportunities

Physical Risks
  • Extreme weather events (typhoons, torrential rains, floods, droughts).
  • Impacts on agricultural production and water resources.
Transition Risks
  • Stricter regulations on greenhouse gas emissions.
  • Higher energy prices.
  • Increased demand for decarbonization technologies.
Opportunities
  • Development of energy-efficient products and services.
  • Expansion of renewable energy use.
  • Growth in demand for climate change adaptation solutions.

Reporting Standards

Frameworks Used: GRI Sustainability Reporting Standards, ISO 26000, Environmental Reporting Guidelines 2018 (Ministry of the Environment, Japan), TCFD Recommendations

Certifications: ISO 14001, ISO 45001, ISO 9001

Third-party Assurance: KPMG AZSA Sustainability Co., Ltd.

UN Sustainable Development Goals

  • Goal 2: Zero Hunger
  • Goal 6: Clean Water and Sanitation
  • Goal 7: Affordable and Clean Energy
  • Goal 9: Industry, Innovation and Infrastructure
  • Goal 11: Sustainable Cities and Communities
  • Goal 12: Responsible Consumption and Production
  • Goal 13: Climate Action
  • Goal 15: Life on Land

Kubota's initiatives contribute to these goals through sustainable agriculture, water infrastructure development, renewable energy use, resource efficiency, and biodiversity conservation.

Sustainable Products & Innovation

  • Eco-Products (347 certified products)
  • Electric tractors and mini excavators
  • Fuel-cell tractors
  • Smart agriculture solutions

Awards & Recognition

  • CDP Water Security A List (2021)
  • CDP Climate Change A- rating (2021)
  • Green Industry Award (Thailand)
  • Amata Best Waste Management Platinum Award (Thailand)
  • Green Award (China)