Climate Change Data

神奈川中央交通株式会社 (Kanagawa Chuo Kotsu Co., Ltd.)

Climate Impact & Sustainability Data (2021-04 to 2022-03, 2022, 2022-04 to 2023-03)

Reporting Period: 2021-04 to 2022-03

Environmental Metrics

Climate Goals & Targets

Supply Chain Management

Climate-Related Risks & Opportunities

Reporting Period: 2022

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

  • Sustainable Cities
  • Environmental Preservation
  • Resource Recycling
  • Social Issues
  • Employee Wellbeing

Environmental Achievements

  • Opened the Oyama Material Recycling Center, contributing to PET bottle-to-PET bottle recycling.
  • Adopted new EV buses to verify environmental load and operation costs.
  • Promoted the adoption of ultra-water-saving bus wash machines.

Social Achievements

  • Acquired the “Worker-friendly workplace” certification for automobile traffic business operators.
  • Implemented measures to prevent infections (antibacterial coating of taxis and disinfecting bus interiors).
  • Promoted micro-tourism measures (1-day unlimited passes, campaigns for 1 accompanying person riding free).

Governance Achievements

  • Not disclosed

Climate Goals & Targets

Long-term Goals:
  • Not disclosed
Medium-term Goals:
  • Not disclosed
Short-term Goals:
  • Restore operating profit margin and net interest-bearing debt to EBITDA ratio to pre-COVID-19 levels by FY2023.

Environmental Challenges

  • Harsh business environment due to COVID-19 restrictions, impacting passenger demand.
  • Ongoing delays in production delivery of new vehicles due to semiconductor shortages.
Mitigation Strategies
  • Initiatives to reform the cost structure (going cashless, digitalizing operations, streamlining organization).
  • Strengthening financial/earnings bases (reducing interest-bearing debt, raising profitability).

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement
  • Not disclosed

Climate-Related Risks & Opportunities

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

Reporting Standards

Frameworks Used: Null

Certifications: Worker-friendly workplace certification

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

  • SDG 11: Sustainable Cities and Communities

Initiatives such as the Oyama Material Recycling Center, adoption of EV buses, and partnerships with housing complexes contribute to building sustainable cities.

Sustainable Products & Innovation

  • Not disclosed

Awards & Recognition

  • Not disclosed

Reporting Period: 2022-04 to 2023-03

Environmental Metrics

ESG Focus Areas

  • Safety and Security
  • Environment (E)
  • Local Community (S)
  • Human Capital (S)
  • Governance (G)

Environmental Achievements

  • Introduced EV bus in Hiratsuka depot in March 2023, aiming for CO2 emissions reduction and offsetting remaining emissions.
  • Set a CO2 emission reduction target of 35% by 2030 (compared to 2013) and aiming for carbon neutrality by 2050.

Social Achievements

  • Opened ASHITA∞kids Kanachu Honatsugi child care facility in April 2023, offering diverse learning content and after-school services.
  • Conducted a demonstration experiment of AI on-demand bus service in the Miyagase Lake area in October-November 2022 to promote tourism and regional revitalization.

Governance Achievements

  • Established the "Sustainability Basic Policy" in April 2023, identifying five materiality (key issues) to guide sustainability initiatives.

Climate Goals & Targets

Long-term Goals:
  • Achieve carbon neutrality by 2050.
Medium-term Goals:
  • Reduce CO2 emissions by 35% by 2030 (compared to 2013).

Environmental Challenges

  • Impact of the long-term COVID-19 pandemic on customer behavior and values.
  • Declining population and aging society.
  • Changes in lifestyles and work styles.
  • Accelerating climate change.
  • Diversification of values and human resources.
  • Digitalization/DX.
Mitigation Strategies
  • Developing a sustainable growth foundation, transforming mobility services, and contributing to enriched lives (as outlined in the "Vision 2030 NEXT Kanachu" long-term vision).
  • Implementing cost structure reforms, strengthening the revenue base, and creating a more comfortable work environment.
  • Creating new mobility services and pursuing safety and comfort.
  • Addressing sustainability issues and providing services that meet changing lifestyles and work styles.

Supply Chain Management

Climate-Related Risks & Opportunities