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.