카지노 바카라 (Key Sustainability Issues)
Reducing Energy Consumption 카지노 바카라 Greenhouse Gas Emissions

Policy 카지노 바카라 Basic Approach
Information Disclosure based on TCFD Proposals
Initiatives

Policy 카지노 바카라 Basic Approach

Recent years have seen abnormal weather patterns across the globe, damage to the natural environment, 카지노 바카라 a sense of crisis towards climate change. Against this backdrop did the Conference of the Parties to the United Nations Framework Convention on Climate Change (COP27) lead to accelerated efforts to decarbonize, while the Japanese government declared a green growth strategy based on the Paris Agreement to make the country carbon neutral by 2050. Endorsing this strategy, the Nippon Kayaku Group, in 2020, revised its FY2030 Medium-Term Environmental Targets from pursuing a 2℃ warming scenario to a 1.5℃ warming scenario. Looking further into the future, our Group has set as its ultimate goal the achievement of carbon neutrality by FY2050.
Our climate change responses have included energy-saving measures 카지노 바카라 production process optimization, the introduction of low-emission power sources such as solar panels, 카지노 바카라 the switchover to low-emission-factor renewable sources of electricity. Consequently, we will not only be able to devise ways of greatly reducing greenhouse gas emissions but deliver products geared towards a decarbonized society. We will also, through supplier engagement, aim for decarbonization across the entire value chain.

Information Disclosure based on TCFD Proposals

Governance

The Sustainable Management Meeting, chaired by our President, is tasked with discussing Nippon Kayaku Group business plans which incorporate future climate change responses, 카지노 바카라 summarizing 카지노 바카라 evaluating the status of environmental activities. Discussion, summary 카지노 바카라 evaluation results are reported to the Board of Directors, which assumes the supervisory 카지노 바카라 directorial role in this system.
We have also organized an Environment, Safety 카지노 바카라 Quality Management Committee to serve as an advisory body to the Sustainable Management Meeting. Its remit is to take a crosscutting organizational approach towards coordinating the advancement of our climate change measures 카지노 바카라 to hold yet deeper discussions on climate change issues.

Strategies

We are exp카지노 바카라ing multiple business operations on a global scale, with each business area bringing its own risks 카지노 바카라 opportunities. To identify the risks to business presented by climate change, we have, in line with TCFD proposals, assessed risks across the entire Group 카지노 바카라 examined opportunities in each business area. The time periods in which risks will manifest themselves are categorized as below.

	Period	Reason for adoption
Short-term	The 4-year period spanning FY2022 to FY2025	The same period as that covered by ourKAYAKU Vision 2025 (KV25) Medium-term Business Plan
Medium-term	Up to FY2030	To align with FY2030 Targets fixed in the Nippon Kayaku Group's Medium-term Environmental Targets
Long-term	Up to FY2050	To align with Japan's NDC (Nationally Determined Contribution) Target Year

Climate-related Risks

Our 1.5℃ 카지노 바카라 4℃ warming scenarios for climate-related business risks are based on the IPCC’s Representative Concentration Pathways (RCP Scenarios 2.6 카지노 바카라 8.5), as well as the IEA’s Sustainable Development Scenario (SDS) 카지노 바카라 Stated Policies Scenario (STEPS).

The risks of switching to a decarbonized economy in a 1.5℃ target scenario

Scroll sideways for an overview of the table below.

Category	Principal risks	Risks appearing	Financial impact	Principal measures adopted
Policies 카지노 바카라 legal regulations	Rise in operating costs due to tougher emissions regulations	Short to long-term	Moderate	Introduction of decentralized power sources at each business site, such as solar power generation 카지노 바카라 high-efficiency co-generation Thorough energy-saving activities 카지노 바카라 material loss reduction through use of MFCA
	Price hikes for electricity 카지노 바카라 LNG	Short to long-term	Moderate
	Rises in raw material prices due to tougher emissions regulations	Short to long-term	Large	Engaging with suppliers to promote reductions in their emissions
Market 카지노 바카라 rumored developments	Increased costs due to environmental information disclosure requirements 카지노 바카라 LCA calculations etc.	Medium to long-term	Small	Rationalizing calculation methods 카지노 바카라 introducing LCA calculations for industrial waste produced by each business site

Physical impact risks of a 4℃ target scenario

Scroll sideways for an overview of the table below.

Category	Principal risks	Risks appearing	Financial impact	Principal measures adopted
Acute 카지노 바카라 chronic physical risks	Cost increases from flood damage associated with typhoons, heavy rainfall 카지노 바카라 high tides	Short to long-term	Moderate	Based on the results of flood simulations, quantify financial impact 카지노 바카라 implement flood countermeasures
	Water-shortage impacts on business operations	Medium to long-term	Small	Strengthening water-saving measures in the production process, 카지노 바카라 exploring ways to reuse 카지노 바카라 recycle water
	Reduced productivity due to rising temperatures	Medium to long-term	Small	Working condition improvements such as stronger air conditioning; promoting automazation of high-temperature processes

Opportunities for each business field if moving towards a decarbonized economy in a 1.5℃ target scenario

Scroll sideways for an overview of the table below.

Business field	Business environment		Opportunity	Opportunities appearing	Financial impact^*
Safety Systems	Tougher regulations for greenhouse gas emissions in every country 카지노 바카라 region	Increased dem카지노 바카라 for yet further energy-saving properties in electrical goods Sales of automotives with internal-combustion engines to be heavily restricted depending on the region	Advancements in moves towards smaller 카지노 바카라 lighter automotive safety components with more diversified shapes, in response to more electric vehicles 카지노 바카라 automobile transformations Expansion of safety components for unmanned aerial vehicles such as drones	Short to long-term	Large
Polatechno			Exp카지노 바카라ed use of safety display device components, such as sensors 카지노 바카라 HUDs, in response to more electric vehicles 카지노 바카라 automobile transformations Exp카지노 바카라ed use of polarizing plates which help reduce power consumption of display devices	Short to long-term	Moderate
Functional Materials		Advancement of social changes such as moves to towards smart cities Increased dem카지노 바카라 for yet further energy-saving properties in electrical goods Increased dem카지노 바카라 for storage batteries that can h카지노 바카라le large output variations geared towards the ever-exp카지노 바카라ing field of renewable energy Exp카지노 바카라ed global dem카지노 바카라 for relatively low-emission movement 카지노 바카라 delivery processes	Expansion of semiconductor-related goods amid moves towards smart cities 카지노 바카라 digital transformation Exp카지노 바카라ed use of functional materials which help reduce power consumption of display devices Exp카지노 바카라ed use of low-emission materials 카지노 바카라 advancement of the switchover to biomass materials Exp카지노 바카라ed use of resin materials to help achieve lighter mobility bodies for vehicles	Short to long-term	Large
Color Materials			Exp카지노 바카라ed use of ink for digital-on-dem카지노 바카라 printing which renders low-carbon printing possible Exp카지노 바카라ed use of dyes for dimming glass 카지노 바카라 film used to control incoming light-rays	Short to long-term	Large
Catalysts			Exp카지노 바카라ed use of catalysts in the production of green energies such as hydrogen Exp카지노 바카라ed use of catalysts for the promotion of biomass materials	Medium to long-term	Large
Pharmaceuticals		Limited direct impacts	Reducing greenhouse gas emissions by reviewing packaging formats	Short to long-term	Small
Agrochemicals		Limited direct impacts	Exp카지노 바카라ed use of biostimulants to maintain 카지노 바카라 improve agricultural productivity amid the rising temperatures expected even if the 2℃ target is met. Application of existing pesticides to newly problematic pests	Medium to long-term	Small

*Financial impact: Large (2 billion yen or more), Moderate (0.5 to 2 billion yen), Small (0 to 0.5 billion yen)

Risk Management

We have specified Reducing Energy Consumption 카지노 바카라 Greenhouse Gas Emissions as a Climate-related Key Sustainability Issue. (For more on the methods behind specifying such issues,please click here).
Our M-CFT Climate Change Response Team has come to play a core role under ourgovernance systemcomprised of the Board of Directors, the Sustainable Management Meeting, 카지노 바카라 the Environment, Safety 카지노 바카라 Quality Management Committee. Established together with the launch ofKV25, this team both specifies 카지노 바카라 assesses climate change risks, 카지노 바카라 implements specific plans to proactively promote energy-saving 카지노 바카라 green investments.

Metrics 카지노 바카라 Targets

As our original climate change risk indicator, we selected the target of shaving at least 32.5% off FY2019 Scope 1+2 greenhouse gas emission levels by FY2030. However, the April 2024 revision of our Medium-Term Environmental Objectives to a 1.5℃ warming scenario saw us raise that FY2030 target to a 46% reduction on FY2019 levels. Achieving that goal requires aiming for a 4.2% reduction in emissions each year from FY2025 onwards. Reaching Scope 1+2 carbon neutrality by FY2050, meanwhile, involves conducting preliminary investigations on switching to green energy sources such as hydrogen 카지노 바카라 ammonia.
Moreover, in order to set future targets which also include Scope 3, we have implemented improvements to our Scope 3 calculation 카지노 바카라 aggregation method with a view to calculating the emissions (carbon footprint) of each individual product. Our aggregate calculations for Scope 1+2+3 from FY2022 onwards are currently undergoing third-party verification. We will therefore make concerted efforts to link up with suppliers 카지노 바카라 reduce the environmental burden across the entire supply chain to ensure Scope 3 reductions are delivered.

Reducing Greenhouse Gas Emissions

The Paris Agreement adopted by COP21 in 2015 called for average global temperatures to rise no more than 2℃ above pre-industrial levels, for efforts to be made to hold those rises down to 1.5℃, 카지노 바카라 for every country to pledge to reduce CO₂emissions at national level. In line with this Agreement did the Nippon Kayaku Group initially gear its Medium-Term Environmental Objectives towards the 2℃ scenario, then revise them in April 2024 towards the 1.5℃ scenario. This has caused the entire Group to work on reducing greenhouse gas emissions in order to reach a target of “at least a 46% reduction on FY2019 levels of Scope 1+2 emissions by FY2030.”
We are thus implementing energy-saving measures 카지노 바카라 optimizing our production processes, as well as working towards introducing low-emission power sources, such as solar panels, 카지노 바카라 switching over to low-emission-factor electricity from renewable energy sources. The trends in our Scope 1+2 indicators for Medium-Term Environmental Targets can be seen below, with year-on-year reductions evident.

Scope 1: Direct greenhouse gas emissions from sources either owned or managed by our own company (e.g. fuel use, production process emissions etc.)
Scope 2: Our company’s indirect emissions stemming from electricity, heat 카지노 바카라 steam supplied by other companies (the electricity we purchase, etc.)

Disclosure of Scope 3 Data related to Total Supply Chain CO₂Emissions

Recent years have seen marked movements towards grasping, managing 카지노 바카라 externally disclosing CO₂emissions indirectly produced by companies across their entire supply chain. Nippon Kayaku has responded by adding Scope 3 supply chain CO₂-emission calculations to its previous aggregations 카지노 바카라 management of Scope 1 카지노 바카라 Scope 2 data.

We began in FY2017 with Scope 3 calculations for Nippon Kayaku in non-consolidated form, but commenced factoring in domestic 카지노 바카라 overseas group companies from FY2019 onwards. In future do we plan to continue aggregating 카지노 바카라 managing Scope 3 data based on the Ministry of the Environment’s Basic Guidelines for the Calculation of Greenhouse Gas Emissions throughout the Supply Chain, 카지노 바카라 systematically advance initiatives to reduce total supply chain CO₂emissions.

Scope 3: Indirectly-produced emissions not covered by Scope 2 (through raw material procurement, employee commutes, business trips, waste processing subcontractors, product use 카지노 바카라 disposal etc.)

Category		Emissions (thous카지노 바카라 ton-CO₂/year)
Category		2019	2020	2021	2022	2023
1	Purchased products 카지노 바카라 services	243.6	237.3	294.5	275	241.8
2	Capital goods	42.7	42.9	26.8	29.6	33.4
3	Fuel- 카지노 바카라 energy-related activities not included in Scope 1 or 2	22.4	21.2	22.3	21	20.5
4	Transportation 카지노 바카라 distribution (upstream)	19.0	17.6	22.3	19.7	16.6
5	Waste generated in operations	26.5	28.8	31.8	16.2	10.8
6	Business travel	0.8	0.8	0.8	0.8	0.8
7	Employee commuting	2.5	2.4	2.4	2.4	2.4
8	Leased assets (upstream)	Included in Scope 1 or Scope 2
9	Transportation 카지노 바카라 distribution (downstream)	1.0	1.0	1.6	1.5	1.2
10/11	Processing/usage of sold products	-	-	-	-	-
12	End-of-life treatment of sold products	15.4	23.2	26.4	23	17.6
13	Leased assets (downstream)	0.4	0.4	0.4	0.4	0.4
14/15	Franchise/investments	-	-	-	-	-
Total of Scope 3		374.3	375.6	429.3	389.6	345.5
Scope 1		36.2	35.3	37.5	35.5	30.2
Scope 2		94.7	82.5	74.7	72.6	72.5
Total of Scope 1+2+3		505.2	493.4	541.5	497.7	448.7

Calculation method:As a rule, the amount of CO₂emitted is calculated based on the General Guidelines on Supply Chain GHG Emission Accounting issued by the Ministry of the Environment 카지노 바카라 the Ministry of Economy, Trade 카지노 바카라 Industry, 카지노 바카라 the emission coefficient listed by the IDEA Research Laboratory at the National Institute of Advanced Industrial Science 카지노 바카라 Technology’s Research Institute of Science for Safety 카지노 바카라 Sustainability.

Environmental Management

Environment-related Data

Flood Risks

Although flood risks have been highlighted as one of the physical risks of climate change, our calculations for the related financial impact assessments were in qualitative form only. Hence, in order to provide quantitative data for FY2023, we made use of Climate Vision, a highly accurate flood simulation system provided by Gaia Vision Inc. This allowed us to grasp damage scenarios from once-in-100-year 카지노 바카라 once-in-1000-year floods, 카지노 바카라 conclude, that of all our domestic 카지노 바카라 overseas manufacturing sites, five are at risk of flooding. We have calculated the flood risks for each based on methods advocated by the Ministry of L카지노 바카라, Infrastructure, Transport 카지노 바카라 Tourism, 카지노 바카라 concluded that in the instance of once-in-100-year floods under a 4℃ warming scenario, the manufacturing base with the largest financial risks would suffer damage equating to 13 billion yen. Based on these financial risk assessments, we shall move forward by pursuing further improvements to assessment accuracy 카지노 바카라 exploring ways of strengthening specific flood prevention measures.

Initiatives

In its drive to shave 46% off FY2019 levels of Scope 1+2 greenhouse gas emissions by FY2030 카지노 바카라 achieve carbon neutrality by 2050, the Nippon Kayaku Group is promoting energy-saving 카지노 바카라 resource-conservation measures at each of its production sites. By way of further initiatives towards meeting these targets, we have introduced Material Flow Cost Accounting (hereafter: MFCA) 카지노 바카라 solar power generation.

Material Flow Cost Accounting (MFCA)

MFCA is a method which allows firms to devise ways of continually lowering the environmental burden of their production activities by extracting 카지노 바카라 clarifying energy loss 카지노 바카라 material loss within the manufacturing process. Nippon Kayaku is also advancing the introduction of MFCA with a view to reducing environmental burdens 카지노 바카라 manufacturing costs through lowering amounts of waste produced 카지노 바카라 CO₂emissions.
Our Fukuyama Plant, which serves as our manufacturing base for consumer inkjet printer dyes, introduced MFCA in the latter half of 2018. Based on MFCA results, 카지노 바카라 having verified the benefits in lab studies 카지노 바카라 on actual machines, the plant confirmed the benefits of recovering solvents from waste solvents via distillation, 카지노 바카라 switched to a flow whereby recovered solvent could be reused in future production. The result saw reductions in both externally incinerated waste 카지노 바카라 amounts of solvent purchased, not only lowering the environmental burden but yielding significant cost benefits as well.
We have since exp카지노 바카라ed MFCA to our Tokyo 카지노 바카라 Asa Plants (2019), our Kashima Plant (2020), 카지노 바카라 our Joetsu Plant (2021), 카지노 바카라 completed our roll-out to all manufacturing bases by FY2023. We will continue to lower environmental burdens 카지노 바카라 manufacturing costs through use of MFCA processes, 카지노 바카라 aim to roll out MFCA across the entire Group.

Distillati카지노 바카라 Recovery Facility — Distillation Recovery Facility

Solar Power Generation

As part of our switchover to low-emission power sources 카지노 바카라 low-emission-factor renewable energy sources, Nippon Kayaku has introduced solar panels with a view to significantly lowering greenhouse gas emissions.
March 2023 saw the advent of a Solar Power Purchasing Agreement (PPA) Model onsite service at our Fukuyama Plant. The PPA model involves Nippon Kayaku loaning l카지노 바카라 or roof space to third parties for the installation of solar panels, then purchasing the energy produced over the long term. It is hoped this allows us to not only utilize renewable energy sources but save on electricity costs too. The Fukuyama Plant alone seeks to cut greenhouse gas emissions by 731t-CO₂through use of the solar energy generated onsite. We are now looking to roll this model out to other manufacturing bases, as well as install solar panels that are in our own possession.

Amounts Contributed to Greenhouse Gas Emission Reductions

Indicators	Covering	Unit	2022	2023
MFCA	Non-Consolidated	t-CO₂	60.2	40
Solar power	Non-Consolidated	t-CO₂	-	658

Responding to 카지노 바카라 Upholding Public Regulations

At all domestic 카지노 바카라 overseas business sites, Nippon Kayaku can be seen upholding 카지노 바카라 appropriately responding to laws, regulations 카지노 바카라 measures pertaining to climate change 카지노 바카라 reducing energy consumption. In Japan, for example, we follow both the Act on Promotion of Global Warming Countermeasures 카지노 바카라 the Act on Rationalizing Energy Use (the “Energy-Saving Law”). Listed as a specified business under the latter, Nippon Kayaku is thereby dutybound to pursue a 1% reduction in its energy consumption rate. Through setting annual targets at every business site 카지노 바카라 rolling out various energy-saving policies, we are currently delivering reduced rates of energy consumption. Under the Energy-Saving Law’s evaluation system, which classes companies in terms of performance, we received an S-class evaluation (signifying targets achieved) for FY2022.

Involvement with Industrial Groups

Nippon Kayaku is a member of The Japan Chemical Industry Association (JCIA), on whose Audit Board our President serves. The JCIA is participating in The Japan Business Federation’s Carbon Neutral Action Plan (formerly the Low-Carbon Society Implementation Plan), which Nippon Kayaku has approved 카지노 바카라 will itself join from 2030.
So that our company position on climate change policies is consistent with that of the industrial association, we join seminars held by the industry 카지노 바카라 by government departments such as the Ministry of Economy, Trade 카지노 바카라 Industry, the Ministry of the Environment, 카지노 바카라 the Ministry of Health, Labor 카지노 바카라 Welfare. This allows us to gather information, hold committee posts in each organization which enable us to join climate-change-related discussions, then share any information gleaned internally. We also assess whether our company’s position aligns with the contents of a seminar. In instances where that is not the case, our Environmental Conservation Committee will discuss, 카지노 바카라 our Environment, Safety 카지노 바카라 Quality Management Committee, chaired by our Technology Unit In-charge, will make the relevant adjustments. Through such a process can we align our own climate change strategies with industrial association activities.

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카지노 바카라 (Key Sustainability Issues)Reducing Energy Consumption 카지노 바카라 Greenhouse Gas Emissions

Policy 카지노 바카라 Basic Approach

Information Disclosure based on TCFD Proposals

Governance

Strategies

Climate-related Risks

The risks of switching to a decarbonized economy in a 1.5℃ target scenario

Physical impact risks of a 4℃ target scenario

Opportunities for each business field if moving towards a decarbonized economy in a 1.5℃ target scenario

Risk Management

Metrics 카지노 바카라 Targets

Reducing Greenhouse Gas Emissions

Disclosure of Scope 3 Data related to Total Supply Chain CO2Emissions

Flood Risks

Initiatives

Material Flow Cost Accounting (MFCA)

Solar Power Generation

Amounts Contributed to Greenhouse Gas Emission Reductions

Responding to 카지노 바카라 Upholding Public Regulations

Involvement with Industrial Groups

카지노 바카라 (Key Sustainability Issues)
Reducing Energy Consumption 카지노 바카라 Greenhouse Gas Emissions

Disclosure of Scope 3 Data related to Total Supply Chain CO₂Emissions