Raito Kogyo Co., Ltd.

Greenhouse gas emissions & sustainability report data

📊 Latest report period: 2022-04 to 2024-03🗂️ Report periods on file: 2022-04 to 2024-03, 2021-04 to 2023-03

In its 2022-04 to 2024-03 reporting, Raito Kogyo Co., Ltd. disclosed greenhouse gas emissions of 439.2K t-CO2e/year. By scope: Scope 1: 24.8K tCO2e/year; Scope 2: 1.6K tCO2e/year; Scope 3: 412.8K 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
439.2K t-CO2e/year
2022-04 to 2024-03
💧
Water Usage
1.4K m3/year (Head Office)
2022-04 to 2024-03
♻️
Waste
5.5 tons/year (Head Office)
2022-04 to 2024-03
⚙️
Energy Use
3.8K MWh/year (non-consolidated)
2022-04 to 2024-03

📊 Emissions by Scope (2022-04 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).24.8K tCO2e/year
Scope 2Indirect emissions from purchased electricity, steam, heat and cooling.1.6K tCO2e/year
Scope 3Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.).412.8K 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 2024-03439.2K t-CO2e/year
2021-04 to 2023-03449.0K t-CO2 (FY2021)

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

  • Target by end of FY2024: 15 women managers (Up 50% vs. FY2021)
  • Reducing greenhouse gas emissions in FY ending March 2030 by 50% vs. FY ending March 2014
  • An incident rate of 0.25 or less (FY2023)

📅 Medium-term

  • Increase the payout ratio to at least 35% by FY2024
  • Sustained growth of international businesses to reach a level of about 10% of total sales

🔭 Long-term

  • Aiming to eliminate greenhouse gas emissions (i.e., achieve carbon neutrality) in 2050

🌱 ESG Focus Areas

Building a sustainable, eco-friendly societyBuilding strong social infrastructure to support safety and securitySecuring quality and pursuing technological innovationThorough occupational health and safety managementDeveloping diverse human resources and realizing attractive, rewarding working environmentsPromoting respect for human rights and fair business activities

⚠️ Challenges & Risks +

  • Disappointing FY2022 profit despite sales growth
  • Dramatically changing external conditions (geopolitical risks, unprecedented cost hikes, yen devaluation)
  • Shortage of labor and successors in the construction industry
  • Work-style reforms (overtime restrictions)
  • Need to improve productivity through digital transformation (DX)
  • Securing human resources in a low birthrate, aging society
  • Increasingly severe natural disasters
  • Difficulties in material procurement due to price hikes

📋 Report Information

Reporting Period: 2022-04 to 2024-03
Frameworks: Ministry of the Environment of Japan Environmental Reporting Guidelines (2018), GRI Standards, International Integrated Reporting Framework, Value Creation Guidance 2.0, TCFD Guidance 3.0, IFRS S1, IFRS S2