Nitto Boseki 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, Nitto Boseki Co., Ltd. disclosed greenhouse gas emissions of 280 thousand tons CO2e/year (Scope 1 and 2). By scope: Scope 3: 230 thousand tons 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
280 thousand tons CO2e/year (Scope 1 and 2)
2023-04 to 2024-03
💧
Water Usage
8.28 million m3/year
2023-04 to 2024-03
♻️
Waste
23 thousand tons/year
2023-04 to 2024-03
⚙️
Energy Use
6 million GJ/year
2023-04 to 2024-03

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

ScopeWhat it coversReported value
Scope 3Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.).230 thousand tons CO2e/year

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 30% compared to FY2013 levels by 2030.
  • Achieve net-zero waste glass by 2030.
  • Develop products that contribute to the environment by 2030.

🔭 Long-term

  • Achieve carbon neutrality by 2050.

🌱 ESG Focus Areas

Environment & EnergyDigital SocietyHealth, Security & Safety

⚠️ Challenges & Risks +

  • Missed operating profit target in the previous medium-term management plan due to external factors (U.S.-China trade friction, semiconductor sector recession).
  • Low stock liquidity and large day-to-day fluctuations in stock price.
  • Labor shortage in Japan due to declining birthrate and aging population.
  • Difficulty in measuring the environmental impact of products in quantitative terms.
  • Challenges in reusing glass fiber due to the presence of resin.

📋 Report Information

Reporting Period: 2023-04 to 2024-03
Frameworks: TCFD