Climate change response
Policy/Basic Concept
Based on the 'Environmental Policy,' we are proactively working towards reducing greenhouse gas emissions as a measure against climate change.
By FY2030, we aim to achieve carbon neutrality in terms of Scope 1 and Scope 2 emissions from ourSNBL domestic business activities on a non-consolidated basis. In addition, we support the recommendations of the Task Force on Climate-related Financial Disclosures (TCFD) and are working to appropriately disclose information on the impact of climate change on our business activities.
Approach to Reducing Greenhouse Gas Emissions (GHG)
1. Avoidance
We consider the impact on GHG emissions throughout the lifecycle in business decision-making and strive to minimize it.
2. Reduction
If emissions cannot be avoided, we work to reduce GHG emissions through energy efficiency and conservation activities, or by reviewing and optimizing operations.
3. Substitution
If emissions cannot be avoided or reduced, we promote the use of low-carbon technologies instead of conventional technologies, or the procurement of low-carbon and carbon-free energy instead of conventional energy.
4. Cancellation
If emissions cannot be avoided, reduced, or substituted, we offset the remaining greenhouse gas emissions through carbon removal and the purchase of carbon offsets.
Promotion Structure
Our company incorporates sustainability-related risks and opportunities into decision-making for each business activity. To systematically expand and promote the group's sustainability efforts from a medium- to long-term perspective, we have established an SDGs Committee as an advisory body to the Board of Directors, which meets monthly.
Risks and opportunities related to the environment are discussed in the Environmental Committee, a sub-organization of the SDGs Committee. The chair of the Environmental Committee is the officer in charge of sustainability, who considers the status of initiatives, challenges, and investment decisions in the field of climate change as crucial themes for sustainable growth. The deliberations are reported to the SDGs Committee and, if necessary, to the Board of Directors.
As one of the non-financial goals, we set GHG emission targets and conduct budget and actual performance management for each fiscal year. We analyze the aggregated environmental performance data at each site and utilize it in PDCA management.
Goals and Results
We aim to achieve 'carbon neutrality' in Scope 1 and Scope 2 emissions from our domestic business activities by fiscal year 2030.
