- Profitability and capital efficiency issues due to the COVID-19 pandemic and supply chain disruptions
- Intensifying competition in technological development and changes in product development styles
- Supply risks for components and raw materials due to climate change, infectious diseases, conflicts, etc.
- Rising costs for labor, energy, and raw materials
TS TECH Co., Ltd.
Greenhouse gas emissions & sustainability report data
In its 2022-04 to 2023-03 reporting, TS TECH Co., Ltd. disclosed greenhouse gas emissions of 14.8K t-CO2e reduction compared to FY2020 (Scope 1 & 2). By scope: Scope 1: 7.1K t-CO2e; Scope 2: 49.9K t-CO2e; Scope 3: 2.6M t-CO2e. Figures are as stated in the company's own report and may use different boundaries, units or methods (for example market-based vs location-based Scope 2), so compare with care.
GHG Emissions
14.8K t-CO2e reduction compared to FY2020 (Scope 1 & 2)
2022-04 to 2023-03
Water Usage
422.1K m3 (reduction of 12% compared to FY2020)
2022-04 to 2023-03
Waste
16.2K tons (reduction of 16% compared to FY2020)
2022-04 to 2023-03
📊 Emissions by Scope (2022-04 to 2023-03)
| Scope | What it covers | Reported value |
|---|---|---|
| Scope 1 | Direct emissions from sources the company owns or controls (fuel combustion, company vehicles, process and fugitive emissions). | 7.1K t-CO2e |
| Scope 2 | Indirect emissions from purchased electricity, steam, heat and cooling. | 49.9K t-CO2e |
| Scope 3 | Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.). | 2.6M t-CO2e |
New to scopes? Read Scope 1, 2 and 3 emissions explained and market-based vs location-based Scope 2.
✅ Reported Environmental Achievements
- CO₂ emissions reduction rate (Scope 1 and 2): -16% compared to FY2020
- Waste reduction rate: -16% compared to FY2020
- Water intake reduction rate: -13% compared to FY2020
- Installation of solar power systems at Hamamatsu Plant, Suzuka Plant, Saitama Plant, and TS TECH INDIANA, LLC
🎯 Climate & Sustainability Targets
🔜 Short-term
- CO₂ emissions reduction rate (Scopes 1&2): -25% compared to FY2020
- Waste reduction rate: -25% compared to FY2020
- Water intake reduction rate: -15% compared to FY2020
📅 Medium-term
- CO₂ emissions reduction rate (Scopes 1&2): -50% compared to FY2020
- Waste reduction rate: -50% compared to FY2020
- Water intake reduction rate: -50% compared to FY2020
- Achieve AAA engagement rating
🔭 Long-term
- Achieve carbon neutrality by 2050
🌱 ESG Focus Areas
Climate ChangeHuman RightsSupply Chain SustainabilityWorkforce DiversityCorporate Governance