MAX CO., LTD.

Greenhouse gas emissions & sustainability report data

📊 Latest report period: 2023-04 to 2024-03🗂️ Report periods on file: 2023-04 to 2024-03

In its 2023-04 to 2024-03 reporting, MAX CO., LTD. disclosed greenhouse gas emissions of 12.7K tCO2e/year (Scopes 1 and 2). By scope: Scope 1: 1.7K tCO2e/year; Scope 2: 11.0K tCO2e/year; Scope 3: 2.6M tCO2e/year (Category 11). 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
12.7K tCO2e/year (Scopes 1 and 2)
2023-04 to 2024-03

📊 Emissions by Scope (2023-04 to 2024-03)

ScopeWhat it coversReported value
Scope 1Direct emissions from sources the company owns or controls (fuel combustion, company vehicles, process and fugitive emissions).1.7K tCO2e/year
Scope 2Indirect emissions from purchased electricity, steam, heat and cooling.11.0K tCO2e/year
Scope 3Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.).2.6M tCO2e/year (Category 11)

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 50% from FY2018 level by 2030 (Scopes 1 and 2); Reduce CO2 emissions 30% from FY2018 level by 2030 for Scope 3 Category 11

📅 Medium-term

  • Achieve net zero CO2 emissions by 2042.
  • Increase overseas sales ratio to 50% by FY2026 and more than 55% by FY2030.
  • 10% of management positions held by women by 2030.

🔭 Long-term

  • Net sales over ¥110.0 billion, operating profit over ¥20.0 billion, ROE over 12%, PBR over 2 times, overseas sales ratio over 55% by FY2030.

🌱 ESG Focus Areas

Human resources developmentDiversityRespect for human rightsWork-life balanceOccupational safety and healthEnvironmental management and complianceDevelopment of environmentally friendly productsResponse to climate changeResource recycling and wasteCorporate governanceCompliance and risk managementInformation securityResponsible supply chain management

⚠️ Challenges & Risks +

  • Uncertain business environment including foreign exchange rate movements, labor shortages, geopolitical risks, sluggish economies, and rising costs.
  • Slowing pace of sales growth in the final year of the previous Medium-Term Management Plan.
  • Need to increase planning capabilities and speed of implementing initiatives.
  • Need to further increase profitability in some businesses.
  • Addressing rising costs.
  • Labor shortages and aging workforce.
  • Stricter environmental regulations in Europe.
  • Maintaining supplies of products in the event of large-scale disasters.

📋 Report Information

Reporting Period: 2023-04 to 2024-03
Frameworks: GRI Standards, TCFD