- Difficulty in securing human resources due to declining birthrate and increasing number of high school graduates going to university.
- Rising prices of raw materials, electricity, and logistics.
- Slump in purchasing appetite among consumers due to successive price hikes for major daily necessities.
- Deterioration in market conditions for electronic materials and semiconductor-related applications.
- Slump in construction demand.
- Decline in the number of new housing starts.
- Price competition with Chinese manufacturers.
- Larger-than-anticipated decline in demand for some electronics materials.
Okura Industrial Co., Ltd.
Greenhouse gas emissions & sustainability report data
In its 2023 reporting, Okura Industrial Co., Ltd. disclosed greenhouse gas emissions of 105.3K t-CO2e/year (Scope 1 and 2). By scope: Scope 1: 15.0K t-CO2e/year; Scope 2: 90.2K t-CO2e/year; Scope 3: 568.9K t-CO2e/year. 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
105.3K t-CO2e/year (Scope 1 and 2)
2023
Water Usage
459.5K m3/year
2023
Waste
6.2K tons/year
2023
Energy Use
196.6K MWh/year
2023
📊 Emissions by Scope (2023)
| 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). | 15.0K t-CO2e/year |
| Scope 2 | Indirect emissions from purchased electricity, steam, heat and cooling. | 90.2K t-CO2e/year |
| Scope 3 | Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.). | 568.9K t-CO2e/year |
New to scopes? Read Scope 1, 2 and 3 emissions explained and market-based vs location-based Scope 2.
✅ Reported Environmental Achievements
- Reduced CO2 emissions by approximately 13% compared to 2022 (14% compared to 2021; 32% compared to 2013). Achieved 2024 CO2 emission reduction target one year ahead of schedule.
- Introduced solar power generation at five sites (with plans for two more in 2025), resulting in a reduction of 5,300 t-CO2 in emissions per year.
- Increased percentage of net sales of Environmental Contribution Products to 48.21% in the living support category (targeting 50% by 2024 and 100% by 2030).
🎯 Climate & Sustainability Targets
🔜 Short-term
- Reduce water consumption intensity by 3% or more from 2021 by 2024.
- Increase the recycling rate of waste plastics to 80% or more by 2024.
- Expand the percentage of net sales of Environmental Contribution Products to at least 50% of sales in the living support category by 2024.
📅 Medium-term
- Reduce CO2 emissions by 37% compared to 2021 levels (equivalent to a 50% reduction from 2013 levels) by 2030.
- Achieve a PBR of 1.0 or above.
🔭 Long-term
- Achieve carbon neutrality by 2050.
🌱 ESG Focus Areas
Climate changeResource recyclingEnvironmental Contribution ProductsCSR procurementDigital transformation (DX)Innovation