TOKAI CARBON CO., LTD.

Greenhouse gas emissions & sustainability report data

📊 Latest report period: 2023🗂️ Report periods on file: 2023

In its 2023 reporting, TOKAI CARBON CO., LTD. disclosed greenhouse gas emissions of 2.2K thousand tCO2e/year (Scope 1 & 2). By scope: Scope 1: 1.9K thousand tCO2e/year; Scope 2: 318 thousand tCO2e/year; Scope 3: 1.7K thousand tCO2e/year (estimated). 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
2.2K thousand tCO2e/year (Scope 1 & 2)
2023
💧
Water Usage
8.4 million m3/year (Consolidated)
2023
♻️
Waste
5.8K tons/year (Domestic Group)
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).1.9K thousand tCO2e/year
Scope 2Indirect emissions from purchased electricity, steam, heat and cooling.318 thousand tCO2e/year
Scope 3Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.).1.7K thousand tCO2e/year (estimated)

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

✅ Reported Environmental Achievements

🎯 Climate & Sustainability Targets

🔜 Short-term

  • Reduce CO2 emissions by 25% (compared to 2018) by 2030
  • Increase ratio of female employees in managerial positions to 5.6% or higher by 2024 (Non-consolidated)
  • Increase percentage of new female graduates hired for career-track positions to 30% (Non-consolidated)

📅 Medium-term

  • Achieve carbon neutrality by 2050
  • Increase recycling rate to 50% or higher (Consolidated)

🔭 Long-term

  • Achieve carbon neutrality by 2050

🌱 ESG Focus Areas

Carbon NeutralityEnvironmental Impact ReductionRecycling-Oriented SocietyStrengthening Corporate GovernanceHuman Capital DevelopmentSupply Chain ManagementCommunity Contribution

⚠️ Challenges & Risks +

  • Oversupply of graphite electrodes from China and India impacting market share
  • Tough business conditions in Graphite Electrodes and Smelting & Lining businesses due to global economic fluctuations and competition
  • High energy costs in Europe impacting Smelting & Lining profitability
  • Need to improve PMI (Post Merger Integration) in overseas subsidiaries

📋 Report Information

Reporting Period: 2023
Frameworks: TCFD
Assurance: KPMG AZSA Sustainability Co., Ltd.