Daido Steel Co., Ltd.

Greenhouse gas emissions & sustainability report data

📊 Latest report period: 2022-04 to 2023-03🗂️ Report periods on file: 2022-04 to 2023-03, 2020-04 to 2021-03, 2019-04 to 2019-09

In its 2022-04 to 2023-03 reporting, Daido Steel Co., Ltd. disclosed greenhouse gas emissions of 824.0K tCO2e/year. By scope: Scope 3: 1.5M tCO2e/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
824.0K tCO2e/year
2022-04 to 2023-03
💧
Water Usage
22.7M m3/year
2022-04 to 2023-03
♻️
Waste
75.0K tons/year
2022-04 to 2023-03

📊 Emissions by Scope (2022-04 to 2023-03)

ScopeWhat it coversReported value
Scope 3Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.).1.5M tCO2e/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
2022-04 to 2023-03824.0K tCO2e/year
2020-04 to 2021-03943.0K tCO2e/year (FY2020)

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 FY2030 emissions by 50% (compared to FY2013)

📅 Medium-term

  • Achieve carbon neutrality by 2050
  • Increase the percentage of next-generation lead supervisor positions responsible for management held by women to 17%
  • Increase the retention rate of female employees hired 9 to 11 business years ago to 80%
  • Reduce the amount of cross-shareholdings to 20% or less of net assets by March 2024

🔭 Long-term

  • Achieve carbon neutrality by 2050
  • Double the number of women in managerial positions by 2030

🌱 ESG Focus Areas

Climate ChangeHuman Capital ManagementCorporate Governance

⚠️ Challenges & Risks +

  • Rise in electricity costs caused by increased use of renewable energy
  • Increase in operating and material procurement costs caused by the introduction of carbon pricing
  • Suspension of operation at plants due to increases in natural disasters
  • Reduced demand for internal combustion engine components caused by progressive shift to electric vehicles
  • Loss of business opportunities due to inadequate response to laws and regulations and the demands of society
  • Reduced employee motivation and productivity due to inadequate initiatives within the Company
  • Accidents and fires during operation of major facilities
  • Infectious disease leading to paralysis of business activities
  • Failure to recruit and develop sufficient personnel due to the declining birthrate and aging of society
  • Reduced employee motivation due to inadequate workplace environment and employment systems

📋 Report Information

Reporting Period: 2022-04 to 2023-03
Frameworks: VRF “Sustainability Reporting Standards”, IFRS Foundation “International Integrated Reporting Framework”, Ministry of the Environment “Environmental Reporting Guidelines 2018”, Ministry of Economy, Trade and Industry “Guidance for Collaborative Value Creation”