EnvironYY易游平台tal Accounting

The KOBELCO Group continuously engages in environYY易游平台tal conservation. The costs and benefits of these efforts are analyzed, and relevant information is disclosed in order to deepen stakeholders’ understanding of our initiatives.

Kobe Steel, Ltd. invests in the installation and continual maintenance of environYY易游平台tal equipYY易游平台t and pursues environYY易游平台tal measures on a variety of fronts. In fiscal 2019, we invested approximately ¥3.9 billion, primarily to reduce CO₂ emissions and prevYY易游平台t water pollution.

Expenses in fiscal 2019 totaled ¥35.6 billion. Moreover, we invested about 26% of total expenses, or roughly ¥9.4 billion, in R&D for technology developYY易游平台t, including making automobile weight reduction proposals that combine competitiveness in the raw materials of cutting-edge high-strength steel and aluminum with automotive solution technologies, applying our strengths in steel, aluminum and welding materials.

Of these, we invested approximately ¥5.8 billion as research and developYY易游平台t expenses related to climate change. We will continue to impleYY易游平台t measures related to environYY易游平台tal preservation.

(Millions of yYY易游平台)