Climate Change Data

株式会社 北川鉄工所 (Kitagawa Tekkojo Co., Ltd.)

Climate Impact & Sustainability Data (2023, 2024)

Reporting Period: 2023

Environmental Metrics

Total Carbon Emissions:74000 t-CO2e/year (Scope 1 & 2, domestic only, 2022)
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

  • Climate Change
  • Governance

Environmental Achievements

  • Reduced CO2 emissions (Scope 1 & 2, domestic only) from 81,000 t-CO2 in 2018 to 74,000 t-CO2 in 2022. Increased solar power generation capacity to 2000 kW in 2023 (from 0 kW in 2013).

Social Achievements

  • Not disclosed

Governance Achievements

  • Established a company-wide risk management committee and company-specific risk management committees to oversee climate-related risks and opportunities.

Climate Goals & Targets

Long-term Goals:
  • Not disclosed
Medium-term Goals:
  • Not disclosed
Short-term Goals:
  • Not disclosed

Environmental Challenges

  • Increased costs due to carbon tax introduction.
  • Decreased sales due to lagging technology in product adaptation to market needs.
  • Decreased sales of related parts due to the increase in electric vehicles and decrease in new car sales.
  • Increased costs due to rising raw material and energy prices.
  • Increased risk of natural disasters (flooding, heatstroke).
Mitigation Strategies
  • Promoting energy saving and improving productivity to reduce costs.
  • Utilizing renewable energy such as solar power.
  • Utilizing Green Innovation Funds and collaborating with external organizations for development.
  • Expanding sales to EV-related and non-automotive sectors.
  • Improving added value and shifting prices to products.
  • Improving productivity to reduce costs.
  • Implementing countermeasures against heatstroke, such as equipment improvements.
  • Market introduction and sales enhancement of energy-saving products for energy-related equipment and automation.
  • Installation of solar power generation equipment.

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement
  • Not disclosed

Climate-Related Risks & Opportunities

Physical Risks
  • Natural disasters (flooding, heatstroke)
Transition Risks
  • Increased costs due to carbon tax, lagging technology, decreased sales due to market shifts (EV).
Opportunities
  • Increased sales of energy-saving products.

Reporting Standards

Frameworks Used: TCFD

Certifications: Null

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

  • Not disclosed

Not disclosed

Sustainable Products & Innovation

  • Energy-saving products for energy-related equipment and automation.

Awards & Recognition

  • Not disclosed

Reporting Period: 2024

Environmental Metrics

Total Carbon Emissions:432 t-CO2 (2023) (Scope 1+2, domestic)
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:1.88 t-CO2/million yen (2023)

ESG Focus Areas

  • Climate Change

Environmental Achievements

  • Reduced Scope1+2 greenhouse gas emissions (mainly CO2) in domestic operations from 1209 t-CO2 in 2020 to 432 t-CO2 in 2023. Installation of solar power generation equipment.

Social Achievements

  • Not disclosed

Governance Achievements

  • Established a risk management system with a company-wide risk management committee and segment risk management committees to oversee climate-related risks and opportunities.

Climate Goals & Targets

Long-term Goals:
  • Not disclosed
Medium-term Goals:
  • Not disclosed
Short-term Goals:
  • Not disclosed

Environmental Challenges

  • Transition risks associated with decarbonization (e.g., increased energy and raw material costs, decreased sales due to technological lag in energy-efficient products, decreased sales of automotive parts due to electric vehicle growth).
  • Physical risks associated with climate change (e.g., extreme weather events leading to operational disruptions and supply chain interruptions).
Mitigation Strategies
  • Cost reduction through energy saving and productivity improvement.
  • Utilization of renewable energy (solar power).
  • Development of energy-efficient products through green innovation funds and collaboration with external organizations.
  • Expansion of sales to non-EV and non-automotive related products.
  • BCP review to improve resilience and production at multiple sites.
  • Heatstroke countermeasures.

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement
  • Not disclosed

Climate-Related Risks & Opportunities

Physical Risks
  • Natural disasters (e.g., operational stoppages, supply chain disruptions)
Transition Risks
  • Increased energy and raw material costs, decreased sales due to technological lag in energy-efficient products, decreased sales of automotive parts due to electric vehicle growth, carbon tax introduction/increase, other environmental regulations
Opportunities
  • Increased sales due to demand for energy-saving products, cost reduction through renewable energy use

Reporting Standards

Frameworks Used: TCFD

Certifications: Null

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

  • Not disclosed

Not disclosed

Sustainable Products & Innovation

  • Energy-saving products

Awards & Recognition

  • Not disclosed