K&Oエナジーグループ株式会社
Climate Impact & Sustainability Data (2023)
Reporting Period: 2023
Environmental Metrics
ESG Focus Areas
- Environmental
- Social
- Governance
- Carbon Neutrality
- Resource Development
- Community Engagement
- Safety
- Stable Supply
- Stakeholder Engagement
Environmental Achievements
- Reduced CO2 emissions by utilizing clean energy (natural gas) and pursuing renewable energy initiatives.
- Implemented nitrogen reduction treatment technology using anaerobic ammonium oxidation (anammox) bacteria.
- Adherence to the ground subsidence prevention agreement with Chiba Prefecture.
Social Achievements
- Contribution to local communities through participation in events like the Mobara Tanabata Festival.
- Establishment of the Natural Gas Memorial Hall in Otaki Town.
- Cooperation with local high schools and junior high schools through lectures and workshops.
- Support for the Ichigo Shokudo (children's cafeteria).
- Participation in river conservation activities.
Governance Achievements
- Establishment of a robust safety and security system for gas supply.
- Implementation of a 24/7 monitoring and control system for gas production and distribution.
- Development of a business continuity plan for major earthquakes.
- Compliance with laws and regulations, and adherence to the Group Compliance Basic Policy and Code of Conduct.
Climate Goals & Targets
Long-term Goals:
- Achieving carbon neutrality
Environmental Challenges
- Ground subsidence due to natural gas extraction.
- Nitrogen removal from natural gas produced water.
- Ensuring stable gas supply amidst fluctuating demand and potential disruptions.
Mitigation Strategies
- Adherence to ground subsidence prevention agreements with Chiba Prefecture.
- Development and implementation of nitrogen reduction treatment technology.
- Diversification of gas sources (LNG, BOG, off-gas).
- Establishment of a robust pipeline network with multiple systems.
Supply Chain Management
Climate-Related Risks & Opportunities
Opportunities
- Development of renewable energy sources
UN Sustainable Development Goals
- Goal 7 (Affordable and clean energy)
- Goal 9 (Industry, innovation, and infrastructure)
- Goal 13 (Climate action)
The company's initiatives contribute to these goals through the development and supply of natural gas, iodine production, and renewable energy exploration.