Arakawa Chemical Industries, Ltd.
Climate Impact & Sustainability Data (FY2023, FY2024)
Reporting Period: FY2023
Environmental Metrics
ESG Focus Areas
- Safety
- Corporate Governance
- Diversity & Inclusion
- Environmental Conservation
- Sustainable Procurement
- Employee Well-being
- Social Contribution
- Technology and Innovation
- Sustainable Products
Environmental Achievements
- More than 10 tons of CO2 absorption per year
- 30% reduction in CO2 emissions compared to FY2016
- 17% increase in index of sustainable products in consolidated sales compared to FY2020
Social Achievements
- Maintain zero-work-related-accident records
- 56.2% utilization rate of childcare leave
- 92.3% continuation of cleanup activities in communities, blood donation, etc., and implementation of new contribution activities
- Increased employee motivation (60% or more employees with high motivation for challenging work and a sense of accomplishment)
Governance Achievements
- Maintain zero-fraud and zero-compliance-violation records
- Establishment and operation of the Sustainability Committee
Climate Goals & Targets
Long-term Goals:
- Rescheduled in FY2026
- Rescheduled in FY2026
Medium-term Goals:
- Increase index of sustainable products in consolidated sales by 25% or more compared to FY2020
- Increase number of female managers by 5 persons
- 8 or more cases of missions advanced per 2 years for 5 years
- 5 cases of themes advanced to “RAISE” mission for 5 years
Short-term Goals:
- Maintain zero-work-related-accident records
- Maintain zero-fraud and zero-compliance-violation records
- 7% or more operating profit ratio
- 7% or more ROE
- Maintain 70% or more sustainable procurement rate
- Maintain 50 cases or more supplier audits
- 50% reduction in quality-related complaints compared to FY2020
- Commercialization of one product/project
Environmental Challenges
- Down 20.4% in value-added labor productivity compared to FY2020
- Down 24% in Career Satisfaction Questionnaire scores after medical leave related to mental health over the past three years
- Down 22% in index of sales volume converted to biomass degree compared to FY2020
Mitigation Strategies
- Implementation of various measures for products, employees, and production optimization
- Implementation of initiatives for sustainable management and improvement of corporate value
- Continuous improvement of safety level
- Promotion of strengthening measures to minimize incidence
Supply Chain Management
Supplier Audits: 22 cases (target: 50 cases or more)
Responsible Procurement
- Sustainable procurement rate(in terms of monetary amount) 71.9%
Climate-Related Risks & Opportunities
Reporting Period: FY2024
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
- Safety
- Environmental Conservation
- Sustainable Procurement
- Diversity & Inclusion
- Corporate Governance
Environmental Achievements
- 53.0% reduction in CO2 emissions compared to FY2016
- Tree planting resulting in more than 8 tons of CO2 absorption per year
Social Achievements
- Maintain zero-work-related-accident records
- 66.7% utilization rate of childcare leave
- 50.3% of employees with high motivation for challenging work and a sense of accomplishment
- 8.5% of employees highly stressed (less than 50% of the manufacturing industry average)
Governance Achievements
- Maintain zero-fraud and zero-compliance-violation records
- 68.8% sustainable procurement rate
- 26 supplier audits conducted
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: 26 cases
Responsible Procurement
- Sustainable procurement rate of 68.8%
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