Materiality 1
Contributing to Environmental Conservation
The Group maintains a keen awareness of the impact our business activities have on the environment, and our basic policy is to contribute to conservation of the environmental on a global scale by promoting the development of technologies that enhance the productivity of resources and materials. Furthermore, as we execute business, we seek to reduce our environmental impact at every stage of the supply chain.
■ KPIs and Progress
Assessment: Achieved / Steady Progress Not Achieved
| KPI | FY2023 Results/Progress | Assessment |
|---|---|---|
| Increase percentage of recycled raw materials: Expand the breadth of recycled materials to be treated |
We have been working to increase the percentage of recycled raw materials used in copper smelting (input ratio of raw materials or content ratio in products) to 50% or more by 2040 by expanding our facilities and by researching and testing new processes for better treatment of recycled materials and improving logistics efficiency. |
|
| CO2Total in-house CO2 emissions: Promoting initiatives to achieve net zero CO2 emissions in fiscal 2050 and 50% reduction in fiscal 2030 (vs. fiscal 2018) |
We continued our activities through the Carbon Free Committee, which was launched to achieve these targets, and promoted a variety of initiatives for decarbonization, including the introduction of CO2-free electricity at each of our sites and the creation of roadmaps per division toward net zero emissions. |
|
| Landfill disposal rate: Less than 1% in FY2023 |
We have set a goal of keeping our landfill disposal rate at no more than 1% in order to cut down on waste with the aim of minimizing our impact on the environment. Our landfill disposal rate in fiscal 2023 was 0.99%. |
The Three Pillars of Global Environmental Conservation
Themes such as decarbonization, resource recycling, and nature-positive are interconnected in the context of environmental conservation. Therefore, a more integrated approach, rather than a single initiative, is needed to comprehensively address environmental and sustainability challenges. Our Group has established decarbonization, resource recycling, and nature-positive as the three pillars of our initiatives for global environmental conservation, promoting them in an integrated manner under our environmental management system.
