Performance

In FY2024, the GHG emissions by the entire group decreased by 36,000 t-CO₂e compared to FY2023. Specifically, the emissions by the sites in Japan decreased from 173,000 t-CO₂e in FY2023 to 137,000 t-CO₂e, and those by the overseas sites remained the same as in FY 2023 at 246,000 t-CO₂e (see G1).
The amount of energy used by the entire group was 273,000 kL (crude oil equivalent).
We will continue to review production processes, with a focus on core products, to further improve production efficiency and reduce energy use.
Furthermore, we have been promoting the incorporation of renewable energy in our efforts to combat global warming. The renewable energy used in FY2024 was 270,662 MWh.

In recent years, there has been an increasing demand from our stakeholders to disclose information on Scope3 emissions, in addition to information on Scope1 and Scope2 emissions. In order to respond to such a demand, we are striving to keep track of our Scope3 emissions. To reduce Scope3 emissions, we started engagement with our suppliers.

As the impact of climate change on society, such as frequent storms and floods, is increasing, the role of companies in achieving a decarbonized society is becoming more important.
As we aim to improve our corporate value with a focus on both economic value and social value based on our Medium-term Management Plan 2025. we consider that strengthening the measures to respond to climate change is one of the most important business challenges.
While we promote manufacturing based on the decarbonization concept to achieve carbon neutrality in order to tackle the global issue of climate change, we have set the medium-term target of reducing GHG emissions by 42% compared to FY2020 by FY2030 based on the 1.5℃ SBT, and it was approved by the SBTi as the Near-Term Target in FY2024. To achieve the target, we thoroughly promote energy saving, energy creation, and the utilization of renewable energy.
We aim to contribute to the achievement of the international goals set forth in the SDGs and the Paris Agreement through collaboration with a wide range of stakeholders. We also recognize the importance of climate-related financial information disclosure, endorse the TCFD, and are enhancing information disclosure in accordance with the TCFD recommendations.

We recognize climate change as one of the important management issues and aim to promote activities for sustainability issues through business activities throughout the company, and since FY2021, we have held the Sustainability Committee (four times a year) chaired by the President and Chief Executive Officer.
In addition, there are directors who have expertise and experience in ESG and sustainability on the Board of Directors. The Environmental Promotion Committee, a sub-committee of the Sustainability Committee sets quantitative targets for climate change and monitors the status of achievement.
If the targets are not achieved or may not be achieved, the Environmental Promotion Committee needs to investigate the cause and take corrective measures for improvement. The deliberations and decisions by the Environmental Promotion Committee are reported to the Sustainability Committee, which is its superior committee.

In order to identify climate-related risks and opportunities that affect our business, we used climate scenarios such as the IEA and the IPCC to identify them, qualitatively evaluated their characteristics, and conducted scenario analysis.

We carried out a scenario analysis on the following themes evaluated as “highly important risks and opportunities” based on the degree of impact on our business, the relevance to our business strategies, and the degree of stakeholder interest.

This data covers the 17 sites in Japan and 7 sites outside Japan.
We assessed physical impacts at the baseline (current), and at the middle and end of this century.

Regarding climate-related risks, we assign Executive Operating Officer who is a responsible director of safety and environment, reports and deliberates these issues at the the Internal Control Committee through the Compliance Subcommittee and the Risk Management Subcommittee in accordance with the group management system. We refer to the social situation analysis, interviews with customers and suppliers, and ESG-related engagement process with investors as tools to identify risks and opportunities related to climate change. The impact of these risks has been assessed in relation to their financial impact and management strategy.

The Taiyo Yuden Group has set the target of reducing GHG emissions through its business activities by 42% by FY2030 compared to FY2020, which is consistent with the 1.5℃ scenario, to contribute to the global initiatives to limit the temperature rise to 1.5℃. In order to achieve this target, we are steadily promoting the efforts to reduce GHG emissions through measures to improve production efficiency and to use renewable energy as well as to smoothly move forward with our plan by introducing the energy-saving measures and photovoltaic facilities. We switch power consumption to 100% renewable energy at the two domestic sites in FY2024, and plan to further reduce our GHG emissions by expanding 100% renewable energy sites and taking other measures.
Please refer to "GHG, Energy".

The GHG emission reduction targets the Taiyo Yuden Group set have been accepted as the targets based on scientific evidence and approved by the SBTi, an international initiative, as the SBT.
The approved GHG emissions reduction targets of the Taiyo Yuden Group are shown below.

The Taiyo Yuden Group was selected by CDP^*, an international environmental nonprofit organization, as an A List company, earning the highest rating for its outstanding transparency and leadership in performance in the field of climate change for the third consecutive year.

The Taiyo Yuden Group was selected by CDP*, an international environmental nonprofit organization, as an A List company, earning the highest rating for its outstanding transparency and leadership in performance in the field of climate change for the third consecutive year.

The amount of waste generated in FY2024 by the entire group increased to 28,100 tons from 25,000 tons in FY2023 (see G1).
The waste(including valuables)mainly consists of waste plastic, waste oil, and sludge (see G2).
The domestic final disposal volume remained the same as in FY2023 at 0 tons. The waste recycling rate reached 100% (see G3).
The overseas final disposal volume was increased to 2,200 tons from 2,000 tons in FY2023 (see G4).
We will continue working to reduce waste volumes, boost in-house recycling rates, and recycle waste into resources at our overseas sites.

92% of the waste generated through our business activities is recycled and reused as resources in society. However, we are also promoting efforts to reuse waste for the Taiyo Yuden Group’s own business activities.
For solvent A, which is the most frequently used solvent in our business, 46% of the amount used is recycled waste solvent.
In addition, for reels that are used in packaging electronic parts, strict quality checks are performed and 1.4% of all the reels are recycled reels.

The amount of water used by the entire group increased from 3,764,000 m³ in FY2023 to 4,259,000 m³ in FY2024. Specifically, the amount of water used by the sites in Japan decreased from 1,483,000 m³ in FY2023 to 1,426,000 m³ and those by the overseas sites increased from 2,281,000 m³ in FY2023 to 2,833 ,000 m³ (see G5).
The quantity of water withdrawals was 3,918,000 m³ from municipal water supplies (or other water supply facilities), and 341,000 m³ from freshwater and underground water. The quantity of water recycled was 648,000 m³.

The Taiyo Yuden Group has been installing solar panels as part of our efforts to combat global warming. After establishing the group’s first power-generating sute, Hongo Photovoltaic Power Plant in FY2013, others have been built as well, and there are currently 13 powergenerating sites in Japan and overseas.
We installed solar panels at 3 sites in FY2024.

The Taiyo Yuden Group has been expanding the use of renewable energy. We transformed electricity supply to R&D Center and Sun Vertex to 100% renewable energy by installing photovoltaic facilities on the premises and switching to energy creation and electricity from renewable energy.

In some parts of the production process of electronic components, solvents are used to clean the production equipment, and the solvents are properly treated as wastewater after being used for cleaning. By reviewing the production method and decreasing the amount of solvents used for cleaning, the amount of wastewater generated was reduced.
We reduced waste liquid by 140 tons per year.

In the process where electronic components are plated, water is used in a variety of processes. Water use was reduced by collecting and treating water generated from some parts of the production process and reusing it for infrastructure equipment.
The amount of water used was reduced by 64,332 tons per year.

In FY2008, Taiyo Yuden (Philippines) began planting mangrove seedlings on Olango Island, near Mactan Island where the company is located. Mangrove trees are planted.

Since FY2007, Taiyo Yuden has participated in a forest maintenance project run by Gunma Prefecture, involving corporate volunteer work. Every year, volunteers from Taiyo Yuden have helped to maintain the "Taiyo no Mori" forest, joining with prefectural government employees to trim underbrush and thin trees.

The crayfish is included in the list of designated Invasive Alien Species because they have disruptive effects on Japan's indigenous species including aquatic organisms and plants.
Niigata Taiyo Yuden leads a biodiversity conservation activity every year in which employees and their family members exterminate crayfish. They also exterminate alien plants such as daisy fleabanes.

Taiyo Yuden Mobile Technology conducts volunteer activities with its employees and their family members to collect oak saplings grown from acorns as a treatment for ”Japanese oak wilt^*". The collected oak saplings are grown in the forest park and will be planted in the forests affected by "Japanese oak wilt^*".