For the Global Environment

Based on our recognition that the Group’s business activities can contribute directly to global environmental conservation, we will actively develop our business and contribute to the creation of a carbon-neutral and recycling-oriented society by reducing CO2 emissions that exacerbate climate change and by working on energy-saving and resource-saving solutions through instrumentation engineering.

Strategies

The Group recognizes the importance of the impact of climate change-related risks and opportunities on its corporate value and performance. The opportunities and risks identified by the Group are as follows.
We will continue to conduct various scenario analyses to determine their impact on our finances and explore measures to respond to them.

Type
Transition risks
  • Increase in energy and operational costs due to introduction of carbon tax, etc.
  • Increase in construction costs due to tighter environment-related regulations
Physical risks
  • Suspension of business activities due to extreme weather events
  • Procurement delays and other risks associated with shutdown of operations of business partners, etc., due to extreme weather events
  • Decrease in work efficiency and increase in health risks due to rising temperatures
Type
Opportunities
  • Greater demand for energy-efficient work and services tailored to customer needs
  • Greater demand for services adapted to climate change

Reference information

Indicators and targets

The Group’s greenhouse gas emissions (Scopes 1 and 2) for FY2022/3 and FY2023/3 are as follows. We will continue to work toward setting targets that allow us to contribute to the reduction of greenhouse gas emissions from a medium- to long-term perspective.

FY2022/3 FY2023/3
Scope 1 direct emissions (t-CO2) 624.1 673.4
Scope 2 indirect emissions (t-CO2) 465.7 512.6
Scope 1 + Scope 2
Subtotal (t-CO2)
1,089.8 1,186.0