F-tech Inc.
Climate Impact & Sustainability Data (2021-04 to 2022-03)
Reporting Period: 2021-04 to 2022-03
Environmental Metrics
Total Carbon Emissions:86,987 t-CO₂/year
Total Energy Consumption:186,574 MWh/year
Water Consumption:689,898 m3/year
Waste Generated:4,500 tons/year
ESG Focus Areas
- Governance
- Social
- Environment
- Climate Change
Environmental Achievements
- Reduced CO₂ emissions per unit of sales by 16.3% compared to FY2017.
- Reduced water resource consumption per unit of sales by 5.6% compared to FY2017.
- Reduced waste emissions per unit of sales by 22.6% compared to FY2017.
Social Achievements
- Achieved zero carryover of annual paid leave for 23 consecutive years.
- Launched a "Takumi" (mentoring) system to pass on skills from retiring employees.
- Held a joint food drive donation ceremony with major financial institutions, donating food to seven children's cafeterias.
Governance Achievements
- Established a voluntary Nomination and Remuneration Committee.
- Implemented comprehensive compliance training and established anonymous reporting channels.
- Strengthened information security initiatives to prevent malware attacks.
Climate Goals & Targets
Long-term Goals:
- Achieve carbon neutrality by 2050.
Medium-term Goals:
- Reduce CO₂ emission intensity by 18% compared to FY 2017 by 2030.
- Reduce water consumption intensity by 14% compared to FY 2017 by 2030.
- Reduce waste intensity by 13% compared to FY 2017 by 2030.
Short-term Goals:
- Increase the number of female managers by more than double compared to FY 2020 figures by FY 2025.
- Increase the percentage of female managers to more than 10% of all managers by FY 2030.
Environmental Challenges
- Semiconductor supply shortages impacting production and sales.
- COVID-19 pandemic causing production fluctuations and personnel adjustments.
- Rising raw material and energy prices due to a weak yen.
Mitigation Strategies
- Implemented cost reduction measures.
- Developed alternative sourcing strategies.
- Implemented thorough measures to prevent COVID-19 infection.
Supply Chain Management
Responsible Procurement
- F-tech Green Purchasing Guidelines
- Responsible Mineral Procurement using CMRT
Climate-Related Risks & Opportunities
Opportunities
- Development of energy-efficient products
- Weight reduction in products contributing to improved fuel efficiency
Reporting Standards
Frameworks Used: TCFD, ISO 26000
Certifications: ISO 9001, ISO 14001, ISO 50001, ISO 17025
UN Sustainable Development Goals
- Goal 1
- Goal 2
- Goal 3
- Goal 11
- Goal 12
- Goal 7
- Goal 13
Initiatives contribute to poverty reduction, zero hunger, health and well-being, sustainable cities and communities, responsible consumption and production, affordable and clean energy, and climate action.
Sustainable Products & Innovation
- Lightweight products contributing to fuel efficiency
- FUT-1 ultra-precise forming technology
Awards & Recognition
- GM “Supplier of the Year Award”
- TOYOTA “Excellent Quality Award”
- Nissan “Nissan Global Supplier Award”
- Praised Creativity Award 2022 by the Minister of Education, Culture, Sports, Science and Technology