At Mabuchi Group, we set a Mid-Term Target of "reducing CO2 emissions by 30% from 2018 levels by 2030."Climate change is an urgent issue that needs to be addressed by society as a whole. Therefore, we have been working to reduce CO2 emissions by promoting the use of renewable energy and power saving in our production facilities, such as the installation of solar power generation systems at our overseas sites and the adoption of systems that recover and reuse exhaust heat. We will accelerate these efforts in order to achieve the Mid-Term Target.
Initiatives towards Climate Change
Mid-Term Target of Reducing CO2 Emissions by 2030
Efforts to reduce CO2 emissions
Our basic unit (per production efficiency) CO2 emissions have been declining over the past five years. Total CO2 emissions in 2020 have decreased by 11% due to the decrease in production affected by the COVID-19. Emissions per basic unit (per production efficiency) have also decreased by 6%, which is the result of CO2 reduction activities through continuous production efficiency improvement and energy saving measures.
Endorsement of the "Task Force on Climate-related Financial Disclosure (TCFD) Recommendations"
In March 2021, Mabuchi has announced its support for the recommendations of the "Task Force on Climate-related Financial Disclosure (TCFD)". We are pleased to inform you that we have participated in the "TCFD Consortium". Under our Management Principle, "Contribution to the International Community and its Continuous Expansion," we have established the Sustainability Policy to achieve sustainable development and have established Sustainability Committee to implement actions in line with the policy. In the future, based on the TCFD recommendations, we will analyze the risks and opportunities that climate poses to our business, and by proactively disclosing information, we will build strong and long-term relationships of trust with all of our stakeholders, including customers, business partners, and employees, and contribute to the realization of the sustainable society.
|Governance||In order to promote activities for the reduction of environmental impact, including response to climate change, the Sustainability Committee, chaired by the President, clarifies issues and goals, monitors activities for the goals, and reports to the Board of Directors. The Board of Directors receives reports from the Committee and other organizations and supervises efforts to promote sustainability.|
|Strategy||Recognizing the important business risks and opportunities associated with climate change, we have set mid-term sustainability targets and are actively working to achieve them. In the future, we will proceed with verification of the impact on our business and strategies / goals based on scenario analysis.|
|Risk management||As risk management for the entire group, we analyze various risks surrounding management and take measures for events that have a significant impact.|
|Indicators and Targets||Within our mid-term targets, we are working to reduce greenhouse gas emissions per production volume. In the future, we will consider revising our goals from a medium- to long-term perspective.|