The environment
Basic approach
We are committed to adhering to the following policy and will engage in business activities with the aim of undergoing sustainable growth.
An organization committed to environmental conservation
We have established committees in the fields of products and production and promoted initiatives with a view to realizing our basic environmental philosophy.
Taiho Kogyo’s 2021-2025 Environmental Action Plan
Having formulated the 2021-2025 Environmental Action Plan, we are promoting initiatives as laid out therein.
Our current progress is as follows:
Action item | Contents | State of progress |
---|---|---|
1
Pursuit of environmental
technologies that contribute to a sustainable society |
Contributing to vehicle mileage and developing products consistent with electrification |
Currently expanding sales of products related to fuel cells and HEVs/BEVs. |
2
Manufacturing that is
in a state of harmony with the environment |
Promoting activities towards CN in 2035 | Currently setting and promoting milestones |
Initiatives for dealing with water-related risks | Expanded the setting of targets for water consumption to cover domestic subsidiaries |
|
Suppressing and reducing emissions | Continuing to attain unitary targets | |
Preventing environmental irregularities and complaints |
Maintaining a clean record in terms of zero environmental irregularities and complaints |
|
3
Collaborating and
cooperating with society |
Complying with regulations governing chemical substances |
Currently complying with regulations on PFAS(*) |
Providing support for business connections | Continuing to engage in energy-saving support activities |
|
Interacting with local residents | Holding town hall meetings and volunteer programs | |
Engaging in programs promoting coexistence with nature |
Working to promote Yanami Wetland conservation efforts and engaging in forestry-related volunteer activities |
|
Engaging in information disclosure on the environment |
Disclosing information to outside parties through company reports and the TCFD and CDP |
*Organic fluorine compounds
Initiatives for the attainment of carbon neutrality
In order to realize a sustainable society, we have sought to reduce carbon dioxide emissions and enacted a policy with the aim of reducing emissions of carbon dioxide (Scope 1 or 2*) from our domestic plants effectively to zero by 2035. We will promote initiatives for the attainment of carbon neutrality that are centered around reduction activities and transformational activities.
Scope1:Direct emissions from in-house fuel use, Scope2:indirect emissions from in-house purchased electricity, etc.
Products and the environment
Basic approach
In accordance with a policy of providing products that can contribute to society and the environment and of complying with global environmental regulations, we will earn the trust of stakeholders through exceptional product development work that is clearly one step ahead of the times.
System for the promotion of products and the environment
We established a Products & Environment Committee, which is headed by the head of the Technology Division, in order to promote initiatives that contribute to the environment through products, such as by promoting reductions of CO2 emissions by products and selecting materials that have a low environmental impact. In June 2022, we also established a new CN Design Sub-Committee to promote initiatives with a view to achieving carbon neutrality across all processes up to and including the delivery of products.
Environmental contributions through products
Only about thirty percent of fuel-derived energy used by a typical automobile is harnessed as pure kinetic energy to move the automobile. The remaining energy of about 70% is lost as heat and other forms of waste energy. With a focus on the area of friction loss, which accounts for ten percent of this energy loss, we are working to develop low-friction products to help increase the fuel energy usage rate in vehicles and thereby help improve fuel economy. We see the promotion of environmental conservation through the adoption of automobiles featuring our products across society as our way of “contributing to the environment through products”. The amount by which carbon dioxide emissions are reduced through improved fuel efficiency is publicly announced as a measure of our contribution.
Complying with environmental regulations
We keep ourselves apprised of regulatory trends applicable to our products. Since overseas regulations governing chemical substances in particular constitute requirements that should be taken into account when designing products, we continue to manage information in this area.
Complying with environmental regulations
We keep ourselves apprised of regulatory trends applicable to our products. Since overseas regulations governing chemical substances in particular constitute requirements that should be taken into account when designing products, we continue to manage information in this area.
Status of compliance with environmental regulations
Applicable regulations | State of initiative |
---|---|
European REACH regulations |
There were no violations of laws and regulations during occasional monitoring |
ELV Directive | There were no violations of laws and regulations during occasional monitoring |
Other regulations | PFOA Regulations under the Act on the Regulation of Manufacture and Evaluation of Chemical Substances No violation of China VOC national standard |
Production and the environment
Basic approach
Environmental issues are a universal theme and are one of the most important challenges to be addressed as we aim to achieve sustainable growth. It is vital that we reduce the environmental impact if we are to continue engaging in production activities. We refer to such activities as “production and environmental activities” and promote improvement activities by setting item-by-item targets as they relate to carbon dioxide, waste, water consumption, and abnormalities and complaints. This year, we formulated a policy with the aim of achieving carbon neutrality by 2035. In order to resolve global environmental issues, we will promote activities on a company-wide basis.
System for the promotion of the production environment
We are promoting initiatives throughout the Group with the aim of reducing the environmental impact of production activities.
Company-wide environmental targets
We have set targets for 2023 and are working on improvement activities.
Action item | CO2reduction | Waste reduction | Water consumption reduction | Preventing irregularities and complaints |
---|---|---|---|---|
FY2023 Targets |
Total discharge volume Consolidated:
64,187t/year Non-consolidated:
38,868t/year |
Emission intensity Domestic consolidated:1.81t/million Non-consolidated: 1.87t/million |
Emission intensity Domestic consolidated:615㎥/million pc Non-consolidated: 595㎥/million pc |
0 irregularities/complaints |
Coexistence with nature
Basic approach
The Taiho Group is engaged in activities with the aim of building a sustainable society in which people and nature can coexist in a state of harmony by promoting environmental conservation and working to ensure biodiversity.
Case study: Conserving the Yanami Wetland
We participate in activities to conserve the Yanami Wetland in Toyota City, Aichi Prefecture. The Yanami Wetland has been designated a registered wetland under the Ramsar Convention on Wetlands and is a habitat for approximately 300 species of plants and approximately 500 species of wildlife. This fiscal year, we participated in activities twice: once in the fall and once in winter. For these activities, we performed weeding and maintenance work in the area.
Engaging in information disclosure on the environment
We provide responses to the CDP, an environmental non-governmental organization operating an information disclosure system. These responses are made by completing two questionnaires: one on climate change and the other on water security. Through our responses, we review and endeavor to upgrade our climate change initiatives.