Climate Change Data

バンドー化学株式会社

Climate Impact & Sustainability Data (2021-2023, 2022, 2023)

Reporting Period: 2021-2023

Environmental Metrics

Total Carbon Emissions:176,461.7t-CO2e (Scope 1+2+3)
Scope 1 Emissions:46,722.95 tCO2e/year
Scope 2 Emissions:52,887.44 tCO2e/year
Scope 3 Emissions:78,662 tCO2e/year
Renewable Energy Share:Not disclosed
Total Energy Consumption:248,527.61 MWh/year
Water Consumption:1,189.1 ML/year
Waste Generated:5,137.4 tons/year
Carbon Intensity:Not disclosed

ESG Focus Areas

  • Anti-corruption
  • Anti-competitive behavior
  • Materials
  • Energy
  • Water and effluents
  • Emissions
  • Waste
  • Supplier assessment (environmental)
  • Employment
  • Occupational health and safety
  • Training and education
  • Diversity and equal opportunity
  • Human rights (child labor)
  • Human rights (compulsory labor)
  • Supplier assessment (social)
  • Customer health and safety
  • Compliance (environmental)
  • Compliance (social)
  • Product/process innovations
  • Safety and disaster readiness

Environmental Achievements

  • Reduced material loss by approx. 40% and energy consumption by 40% at Wakayama Plant with a new industrial toothed belt process design.
  • Approx. 66% of total products marketed in FY2022 were environmentally-friendly products (increased to approx. 65% in FY2023).

Social Achievements

  • Implemented JISHA method OSHMS and ISO 45001 for occupational health and safety management.
  • 100% of new suppliers screened using environmental and social criteria.

Governance Achievements

  • Five employees seconded to high-risk overseas affiliates received anti-corruption compliance training.

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: 205 companies (Japan and overseas) in FY2021 and FY2022, 134 (Japan only) in FY2023

Responsible Procurement
  • CSR Procurement Guidelines

Climate-Related Risks & Opportunities

Physical Risks
  • Not disclosed
Transition Risks
  • Not disclosed
Opportunities
  • Not disclosed

Reporting Standards

Frameworks Used: GRI Standards, GHG Protocol

Certifications: ISO 14001, ISO 45001, ISO 9001, IATF 16949, ISO 13485

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

  • Not disclosed

Not disclosed

Sustainable Products & Innovation

  • Eco moving products

Awards & Recognition

  • Not disclosed

Reporting Period: 2022

Environmental Metrics

Total Carbon Emissions:45,359 tCO2e (2023 target for Scope 1 & 2)
Renewable Energy Share:12% (Wakayama factory, 2022)
Water Consumption:1,047,106 m3/year (2022)
Waste Generated:1,030 tons (2022, plastic industrial waste)

ESG Focus Areas

  • Product/Process Innovation
  • Environment
  • Labor/Safety
  • Compliance/Human Rights
  • Governance/Communication

Environmental Achievements

  • Reduced CO2 emissions by 22.2% compared to 2013 (company-wide)
  • Reduced VOC emissions by 72.7% compared to 2000 (company-wide)
  • Installed solar power generation systems in India and Wakayama factories, aiming for a total CO2 emission reduction of approximately 478 tons per year.
  • Achieved zero landfill disposal rate (less than 1%).

Social Achievements

  • Launched employee well-being program, including stress checks and harassment surveys, leading to a 9.0% decrease in mental health issues.
  • Implemented a new training program for global personnel, including next-generation leaders, resulting in increased training hours per employee.
  • Increased the ratio of women in new graduate recruitment to 39.1%.

Governance Achievements

  • Established an internal reporting system and a supplier reporting system.
  • Developed Bando Group Human Rights Policy.
  • Implemented a comprehensive anti-corruption training program.

Climate Goals & Targets

Long-term Goals:
  • Achieve carbon neutrality by 2050.
Medium-term Goals:
  • Reduce CO2 emissions by 38% compared to 2013 by 2030 (company-wide)
  • Achieve a ratio of 50% or more of environmentally friendly products among newly launched products by 2026.
  • Double labor productivity, energy productivity, and environmental load productivity by 2026.
Short-term Goals:
  • Reduce raw material input unit by 1% from 2022 results (2023)
  • Reduce plastic industrial waste by 1% from 2022 total (2023)
  • Achieve a ratio of 50% or more of environmentally friendly products among newly launched products in 2023.

Environmental Challenges

  • Increased raw material waste and energy consumption per unit in 2022.
  • Falling sales of auxiliary drive belts for new cars due to the shift to EVs.
  • Need to reduce raw material waste and improve energy efficiency.
Mitigation Strategies
  • Developing new manufacturing methods to significantly reduce waste and energy consumption.
  • Developing new products and expanding into new business areas (medical devices, electronic materials) to offset the decline in sales of auxiliary drive belts.
  • Implementing energy-saving equipment and renewable energy sources (solar power).

Supply Chain Management

Supplier Audits: CSR questionnaires sent to suppliers (2022)

Responsible Procurement
  • CSR Procurement Guidelines

Climate-Related Risks & Opportunities

Physical Risks
  • Flooding
  • Typhoons and heavy rain
Transition Risks
  • Carbon tax introduction
  • Increased carbon prices
  • Sales regulations for internal combustion engine vehicles
  • Difficulties in procuring petroleum-based raw materials
Opportunities
  • Increased demand for energy-saving and low-carbon products
  • Increased demand for related products due to EV adoption
  • Improved resource efficiency through energy-saving technologies and changes in manufacturing methods

Reporting Standards

Frameworks Used: GRI Sustainability Reporting Standards, TCFD

Certifications: ISO 14001, ISO 45001, ISO 9001, IATF 16949, ISO 13485

UN Sustainable Development Goals

  • Goal 7 (Affordable and Clean Energy)
  • Goal 9 (Industry, Innovation and Infrastructure)
  • Goal 12 (Responsible Consumption and Production)

The company's initiatives contribute to these goals through renewable energy adoption, sustainable product development, and waste reduction.

Sustainable Products & Innovation

  • Environmentally friendly products (eco moving)
  • Cellulose nanofiber (CNF)-reinforced transmission belts
  • Absorbable bone regeneration material

Awards & Recognition

  • EcoVadis Silver rating (2023)
  • Health Management Excellent Company (White 500) (2021, 2022)
  • Health Management Excellent Company (White 500) (2021, 2022)

Reporting Period: 2023

Environmental Metrics

Total Carbon Emissions:41,418 tCO2e (2024 target, Scope 1 & 2)

ESG Focus Areas

  • Product/Process Innovation
  • Environment
  • Labor/Safety
  • Compliance/Human Rights
  • Governance/Communication

Environmental Achievements

  • Reduced CO2 emissions by 10.9% compared to 2013.
  • Reduced VOC emissions by 74.6% compared to 2000.
  • Achieved zero landfill disposal rate (less than 1%).
  • Installed solar power generation systems in China and Spain subsidiaries.

Social Achievements

  • Launched employee engagement survey with a score of 65.0.
  • Achieved zero lost-time injury frequency rate.
  • Improved employee engagement through various initiatives.
  • Increased female ratio in new graduate recruitment to 32.3%.

Governance Achievements

  • Established anti-corruption training for all employees.
  • Implemented a whistleblower system.
  • Strengthened corporate governance through various measures.
  • Updated human rights policy.

Climate Goals & Targets

Long-term Goals:
  • Achieve carbon neutrality by 2050.
Medium-term Goals:
  • Reduce CO2 emissions by 38% by 2030 (compared to 2013).
  • Achieve carbon neutrality by 2050.
Short-term Goals:
  • Reduce plastic industrial waste by 1% by 2024.
  • Achieve an engagement survey score of 70.0 or higher by 2026.
  • Increase the ratio of environmentally friendly products in new products to 50% or more by 2026.

Environmental Challenges

  • High energy and raw material prices.
  • Geopolitical instability and conflicts.
  • Increasing climate change risks.
  • Supply chain disruptions.
Mitigation Strategies
  • Developing alternative sourcing strategies.
  • Implementing energy efficiency measures.
  • Investing in new technologies and processes.
  • Strengthening risk management.

Supply Chain Management

Supplier Audits: CSR questionnaires and follow-up interviews.

Responsible Procurement
  • Bando Group Procurement Policy
  • CSR Procurement Guidelines

Climate-Related Risks & Opportunities

Physical Risks
  • Flooding
  • Typhoons
  • Heat waves
Transition Risks
  • Regulatory changes
  • Market shifts (e.g., EV adoption)
  • Increased carbon prices
Opportunities
  • Development of energy-efficient products
  • Increased demand for EV components
  • Cost reduction through energy efficiency improvements

Reporting Standards

Frameworks Used: GRI Sustainability Reporting Standards, TCFD

Certifications: ISO 14001, ISO 45001, ISO 9001, IATF 16949, ISO 13485

Third-party Assurance: Socotec Certification Japan (for Scope 1 & 2 emissions)

UN Sustainable Development Goals

  • Goal 7 (Affordable and Clean Energy)
  • Goal 9 (Industry, Innovation, and Infrastructure)
  • Goal 12 (Responsible Consumption and Production)

The company's initiatives contribute to these goals through energy efficiency improvements, sustainable product development, and waste reduction.

Sustainable Products & Innovation

  • eco moving products
  • HFD system
  • QUICK-CHANGE ATOM
  • Ceptor-X S3M/S5M
  • Double cog belt with cellulose nanofiber

Awards & Recognition

  • EcoVadis Silver rating
  • Health Management Excellent Company (White 500)
  • Health Management Excellent Company