IDEC CORPORATION

Greenhouse gas emissions & sustainability report data

📊 Latest report period: 2023🗂️ Report periods on file: 2023, 2021-04 to 2022-03

In its 2023 reporting, IDEC CORPORATION disclosed greenhouse gas emissions of 11.2K t-CO2e/year (consolidated). By scope: Scope 1: 781 t-CO2e/year; Scope 2: 10.4K t-CO2e/year; Scope 3: 871.6K 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
11.2K t-CO2e/year (consolidated)
2023
⚡
Renewable Energy
8.2%
of total energy
💧
Water Usage
64.5K m3/year (consolidated)
2023
♻️
Waste
704 tons/year (consolidated)
2023
⚙️
Energy Use
26.8M kWh/year (consolidated)
2023

📊 Emissions by Scope (2023)

ScopeWhat it coversReported value
Scope 1Direct emissions from sources the company owns or controls (fuel combustion, company vehicles, process and fugitive emissions).781 t-CO2e/year
Scope 2Indirect emissions from purchased electricity, steam, heat and cooling.10.4K t-CO2e/year
Scope 3Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.).871.6K t-CO2e/year

New to scopes? Read Scope 1, 2 and 3 emissions explained and market-based vs location-based Scope 2.

📈 Emissions by Report Period

Report periodHeadline emissions figure reported
202311.2K t-CO2e/year (consolidated)
2021-04 to 2022-034.4K t-CO2e (FY2022 unconsolidated)

Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.

✅ Reported Environmental Achievements

🎯 Climate & Sustainability Targets

🔜 Short-term

  • Reduce Scope 1 and Scope 2 CO2 emissions by 24% by FY2025 (vs. FY2020)
  • Increase solution ratio to sales to 12% by FY2025
  • Increase cumulative attendees of safety & explosion protection seminars by 5% YoY

📅 Medium-term

  • Achieve net sales of 85 billion yen or higher and operating income margin of 18% or higher by FY2025
  • Reduce Scope 1 and Scope 2 CO2 emissions by 50% by 2031 (vs. FY2020)
  • Achieve 18% renewable energy utilization ratio by FY2025

🔭 Long-term

  • Achieve carbon neutrality by 2050
  • Increase overseas share of core product sales to 80% or more within ten years

🌱 ESG Focus Areas

Safety, ANSHIN, and well-beingClimate changeBusiness foundationProductivity improvement

⚠️ Challenges & Risks +

  • Rising raw material prices and shortages of electronic components
  • Global economic uncertainty
  • Climate change

📋 Report Information

Reporting Period: 2023
Frameworks: International Integrated Reporting Framework, Guidance for Collaborative Value Creation, TCFD