First Bank
Climate Impact & Sustainability Data (2023-02-28 to 2025-09-30, 2023-03-31, 2023-03-31 to 2033-03-31, 2024, 2024-04 to 2024-06)
Reporting Period: 2023-02-28 to 2025-09-30
Environmental Metrics
ESG Focus Areas
- Climate Change
- Diversity & Inclusion
- Governance
- Regional Revitalization
- Employee Well-being
Environmental Achievements
- Achieved ZEH-M (Net Zero Energy House for Multi-family dwellings) certification for one building in 2022.
- Developed and planned multiple ZEH-M projects with a target of 5% of total supply by 2024.
- Achieved a total renewable energy generation capacity of 310MW by March 2022, with a plan to reach 360MW by March 2025.
- Reduced CO2 emissions by approximately 70,410 tons annually (based on comparison with fossil fuel power plants).
Social Achievements
- Launched a Women's Empowerment Project to create a supportive work environment for women.
- Employs three people with disabilities at Leven Village farm in Chiba.
- 100% return rate for employees taking maternity/childcare leave.
- Implemented a telework system in 2019, supporting diverse work styles.
- Leven Home Build (subsidiary) continuously recognized with Yokohama Good Balance Award since 2017.
Governance Achievements
- Established a Sustainability Committee chaired by the CEO, overseeing ESG strategy and sustainability initiatives.
- ISO 14001 certification obtained in 2008 for environmental management system, with annual external audits.
Climate Goals & Targets
- Not disclosed
- Achieve ZEH-M certification for one building annually.
- Reach 360MW of total renewable energy generation capacity by March 2025.
- Achieve two new redevelopment project participations annually.
Environmental Challenges
- Negative impacts on climate, waste, and resource efficiency during real estate development.
- Potential risks to resource efficiency and safety in solar power generation.
- Balancing affordable housing with profitability.
Mitigation Strategies
- ISO 14001 certification and implementation of environmental management system.
- Risk assessment and verification through technical reports and soil surveys during development.
- Offering a range of housing options to meet diverse needs (e.g., compact apartments for single people and DINKs).
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
Third-party Assurance: Not disclosed
UN Sustainable Development Goals
- Goal 7 (Affordable and Clean Energy)
- Goal 9 (Industry, Innovation and Infrastructure)
- Goal 11 (Sustainable Cities and Communities)
The company's initiatives contribute to these goals through renewable energy generation, urban development, and sustainable housing.
Sustainable Products & Innovation
- ZEH-M apartments
Awards & Recognition
- Yokohama Good Balance Award (Leven Home Build)
Reporting Period: 2023-03-31
Environmental Metrics
ESG Focus Areas
- Environmental
- Social
- Governance
Environmental Achievements
- Acquired IATF16949, ISO9001, and ISO14001 certifications.
- Implemented initiatives to reduce waste and CO2 emissions.
- Introduced a solar power generation system for renewable energy.
Social Achievements
- Established a stress check system and refresh day system for employee well-being.
- Implemented a short-term overseas dispatch system for employee development.
- Promotes diversity and inclusion, particularly for women engineers, with programs supporting career development and work-life balance.
Governance Achievements
- Established a sustainability management system with a designated manager (Mr. Iwasaki) and department (Management Department) responsible for ESG initiatives.
Climate Goals & Targets
- Maintain 100% re-employment rate for employees at age 60.
- Increase solar power generation to 500,000 kW by 2028.
- Maintain a paid leave usage rate of 62% or higher.
- Reduce waste rate to 0.52% or less by 2028.
- Reduce defect rate to 1.00% or less by 2028.
- Maintain 100% return-to-work rate for maternity/childcare leave.
Environmental Challenges
- Negative environmental impacts from plastic waste and CO2 emissions during manufacturing and disposal.
- Balancing the positive impacts of employment with potential negative impacts on worker health and safety.
Mitigation Strategies
- Focus on reducing waste and defect rates, promoting recycling and reuse of materials.
- Implementing measures to ensure employee safety and well-being, including stress checks and refresh days.
- Continuous improvement through ISO14001 certification and other environmental management systems.
Supply Chain Management
Responsible Procurement
- Efforts to recycle and reuse materials from suppliers.
Climate-Related Risks & Opportunities
Opportunities
- Expansion of renewable energy through solar power generation.
Reporting Standards
Frameworks Used: UNEP FI Principles for Positive Impact Finance, ESG Finance High-Level Panel
Certifications: IATF16949, ISO9001, ISO14001
Reporting Period: 2023-03-31 to 2033-03-31
Environmental Metrics
ESG Focus Areas
- Environmental
- Social
- Governance
Environmental Achievements
- Shifted 100% of heating fuel for Hida Shogawa Onsen Sakura no Yu from kerosene to wood chip biomass fuel, achieving carbon neutrality.
- Implemented a unique low-temperature drying system using wood waste from the sawmill as fuel for the hot water drying process since 2014.
- Achieved 100% renewable energy supply at the Takayama headquarters in May 2022.
Social Achievements
- Collaboration with Hida Takayama High School on the "Hida Takayama High School Practice Forest Utilization Project" increasing interest in forestry and construction.
- Annual internships from Takayama Technical High School.
- Employs approximately 80% local residents from Takayama City.
- Established a safety and health management plan and holds safety promotion meetings twice a year.
Governance Achievements
- Established a 12-level ranking system for carpenters based on skill level, promoting continuous improvement.
Climate Goals & Targets
- Not disclosed
- Increase the proportion of naturally dried lumber to 90%.
- Increase in-house utilization of wood chips to 800㎥ by 2028.
- Increase the proportion of Takayama-produced materials to 90%.
Environmental Challenges
- Shortage of workers in forestry and construction industries.
- Potential negative impacts on biodiversity, resource efficiency, climate, and waste management.
Mitigation Strategies
- Collaboration with local high schools to cultivate interest in forestry and construction.
- Cascade utilization of wood chips and sawdust.
- Implementation of low-temperature drying system using wood waste as fuel.
- Annual safety and health management plan and regular safety meetings.
Supply Chain Management
Responsible Procurement
- Direct purchase of raw materials from forest owners in Takayama City
Climate-Related Risks & Opportunities
Physical Risks
- Not disclosed
Transition Risks
- Not disclosed
Opportunities
- Development of energy-efficient products and processes
Reporting Standards
Frameworks Used: UNEP FI Positive Impact Finance Principles, ESG Finance High-Level Panel
Certifications: ISO 9001-2000, Gifu Performance Display Material Certified Factory
UN Sustainable Development Goals
- SDG 7 (Affordable and Clean Energy)
- SDG 8 (Decent Work and Economic Growth)
- SDG 9 (Industry, Innovation, and Infrastructure)
- SDG 11 (Sustainable Cities and Communities)
- SDG 12 (Responsible Consumption and Production)
- SDG 13 (Climate Action)
- SDG 15 (Life on Land)
- SDG 17 (Partnerships for the Goals)
The company's initiatives contribute to these goals through sustainable forestry practices, renewable energy use, local employment, and community engagement.
Sustainable Products & Innovation
- Not disclosed
Awards & Recognition
- Not disclosed
Reporting Period: 2024
Environmental Metrics
ESG Focus Areas
- Environment
- Social
- Governance
Environmental Achievements
- ISO14001 certified (renewal application in progress)
Social Achievements
- Providing a work environment where employees can thrive
- Work-life balance promotion to support childcare and work
Governance Achievements
- Established sustainability-related policies and initiatives
Climate Goals & Targets
- Not disclosed
- Achieve Platinum Kurumin certification by FY2029
- Reduce electricity usage by 3% in FY2024 (compared to FY2023)
Environmental Challenges
- High energy consumption leading to CO2 emissions
- Low awareness of R&D center's wheelchairs
- Need to improve male employee participation in childcare leave
Mitigation Strategies
- Replacing energy-saving equipment to reduce electricity usage
- Initiating CO2 emission measurement in 2024
- Expanding sales channels for wheelchairs
- Aiming for 'Platinum Kurumin' certification by 2029 to promote work-life balance
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: UNEP FI Principles for Positive Impact Finance, ESG Finance High-Level Panel
Certifications: ISO 9001, ISO 14001
Third-party Assurance: Rating and Investment Information, Inc. (R&I)
UN Sustainable Development Goals
- SDG 8: Decent Work and Economic Growth
- SDG 9: Industry, Innovation and Infrastructure
- SDG 13: Climate Action
The company's activities contribute to these goals through its manufacturing operations, support of the semiconductor industry, and initiatives to reduce environmental impact.
Sustainable Products & Innovation
- Wheelchairs
Awards & Recognition
- Not disclosed
Reporting Period: 2024-04 to 2024-06
Environmental Metrics
ESG Focus Areas
- Not disclosed
Environmental Achievements
- Not disclosed
Social Achievements
- Not disclosed
Governance Achievements
- Not disclosed
Climate Goals & Targets
- Not disclosed
- Not disclosed
- Not disclosed
Environmental Challenges
- Labor costs rising and difficult to pass on to trading prices.
- Sales decrease/order slump
- Rising raw material and purchase prices
- Shortage of personnel/manpower
- Rising labor costs
- Excessive competition
Mitigation Strategies
- Passing on price increases to sales prices
- Cost reduction
- Procurement of alternative products
- Change of suppliers
- Review of working environment
- Review of working conditions
- Streamlining of business procedures
- Review of employee benefits
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
- Not disclosed