- Increased response costs due to stricter waste-related laws and regulations
- Increased response costs due to restrictions on water withdrawal and stricter environmental standards for wastewater discharge
- Restrictions on extraction and use of natural capital, and restrictions on use and alteration of land
- Increased costs in response to stricter laws and regulations on chemical substances in Japan and overseas
- Shortage of raw materials and increased procurement costs due to resource depletion, conflicts, trade friction, bans on the use of certain resources
SHINKO ELECTRIC INDUSTRIES CO., LTD.
Greenhouse gas emissions & sustainability report data
In its 2023-04 to 2024-03 reporting, SHINKO ELECTRIC INDUSTRIES CO., LTD. disclosed greenhouse gas emissions of 210.8K tCO2e (Market-based Scope 2). By scope: Scope 1: 45.7K tCO2e; Scope 2: 154.9K tCO2e (Location-based); Scope 3: 397.3K tCO2e. 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
210.8K tCO2e (Market-based Scope 2)
2023-04 to 2024-03
Renewable Energy
43%
of total energy
Water Usage
4.4M m3
2023-04 to 2024-03
Waste
22.2K tons
2023-04 to 2024-03
Energy Use
346.0K MWh
2023-04 to 2024-03
📊 Emissions by Scope (2023-04 to 2024-03)
| Scope | What it covers | Reported value |
|---|---|---|
| Scope 1 | Direct emissions from sources the company owns or controls (fuel combustion, company vehicles, process and fugitive emissions). | 45.7K tCO2e |
| Scope 2 | Indirect emissions from purchased electricity, steam, heat and cooling. | 154.9K tCO2e (Location-based) |
| Scope 3 | Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.). | 397.3K tCO2e |
New to scopes? Read Scope 1, 2 and 3 emissions explained and market-based vs location-based Scope 2.
✅ Reported Environmental Achievements
- Reduced CO2 emissions at all domestic sites by 29.4% (compared to FY2020)
- Increased renewable energy use rate to 45.9%
- Reduced waste by 1,218 tons
- Reduced water use by 59,166 m3
🎯 Climate & Sustainability Targets
🔜 Short-term
- Reduce CO2 emissions at all domestic sites by 22.4% (compared to FY2020) by 2025
- Increase renewable energy use rate to 49.9% by 2025
- Reduce waste by at least 203 tons by 2025
- Reduce water use by at least 38,270 m3 by 2025
📅 Medium-term
- Net reduction in greenhouse gas emissions by 56% (vs. FY2020) by 2030
- 100% renewable energy use rate by 2030
- Reduce waste equivalent to 50% of the base year FY2020 by 2030
- Reduce water use equivalent to 5% of the base year FY2020 by 2030
🔭 Long-term
- Net-zero emissions by 2050
- 100% renewable energy use rate by 2050
🌱 ESG Focus Areas
Climate ChangeResource CirculationLiving in Harmony with NatureContributing to and coexistence with local communitiesRespect for human rights and diversityCreating a dynamic corporate cultureCreating a safe and comfortable working environmentPromoting social responsibility in the supply chainContributing to society through technology and qualityStrengthening governance