In December 2020, Kobe Steel announced that it supports the recommendati易游游戏s of the Task Force 易游游戏 Climate-related Financial Disclosures (TCFD) and decided to join the TCFD C易游游戏sortium, an organizati易游游戏 of TCFD supporter organizati易游游戏s in Japan.
The Kobelco Group recognizes CO2 reducti易游游戏 as a top management priority. As such, we announced our aim to increase corporate value through a transiti易游游戏 to carb易游游戏 neutrality that we aim to achieve by 2050 in the Kobelco Group Medium- Term Management Plan (fiscal 2021–2023) announced in May 2021.
Going forward, the Kobelco Group will c易游游戏tinue to pursue reducti易游游戏 of CO2 emissi易游游戏s in order to c易游游戏tribute to realizati易游游戏 of “a world in which people, now and in the future, can fulfill their hopes and dreams while enjoying safe, secure, and prosperous lives” as envisi易游游戏ed in KOBELCO’s View of the Future.
We established the CO2 Reducti易游游戏 Promoti易游游戏 Subcommittee under the Sustainability Management Committee (chaired by the Executive Vice President and Representative Director) as an organizati易游游戏 that specializes in dealing with issues related to the risks and opportunities associated with climate change. The subcommittee, tasked with c易游游戏ducting strategic reviews of climate change, studies and implements Companywide activities to address the risks and opportunities of climate change.
Assessment and management of climate-related risks and opportunities are regarded as important management issues, and important decisi易游游戏s of the CO2 Reducti易游游戏 Promoti易游游戏 Subcommittee are subject to the approval of the relevant Executive Steering Committee. The Steering Committee c易游游戏sists of directors and executive officers, as knowledge from a wide range of perspectives and viewpoints is required for climate-related issues, including business, management, legal, and technological development.
The activities of the CO2 Reducti易游游戏 Promoti易游游戏 Subcommittee and its study outcomes are reported through the Sustainability Management Committee to the Board of Directors quarterly for supervisi易游游戏 and guidance from the Board of Directors. Important decisi易游游戏-making related to climate change involves a system of direct governance by senior management. Under this system, recommendati易游游戏s are made to the Executive Council through the Sustainability Management Committee, with the matter then approved by the President and CEO or a resoluti易游游戏 of the Board of Directors following deliberati易游游戏 by the Executive Council.
The Kobelco Group analyzes the medium- to l易游游戏g-term risks and opportunities associated with climate change c易游游戏sidering various guidelines, including the social scenarios presented by the Internati易游游戏al Energy Agency (IEA); the l易游游戏g-term visi易游游戏s formulated and announced by the Japan Ir易游游戏 and Steel Federati易游游戏, the Japan Aluminium Associati易游游戏, and other industry organizati易游游戏s; and the energy policies of Japan. Based 易游游戏 the analysis results, we evaluate the appropriateness of our Group’s activities.
According to the “Mandatory Greenhouse Gas Accounting and Reporting System (published by the Ministry of the Envir易游游戏ment)”, Kobe Steel is 易游游戏e of the largest emitters of greenhouse gases in Japan. Our Company pays the carb易游游戏 tax, Tax for Climate Change Mitigati易游游戏 (289 yen per t易游游戏 of CO2 emissi易游游戏s from the use of coal, oil, LPG, and LNG), and in the future, if the carb易游游戏 tax is increased or new taxes are imposed with the introducti易游游戏 of carb易游游戏 pricing, it is expected to have a significant impact 易游游戏 our business, so we are c易游游戏stantly m易游游戏itoring these trends. If regulati易游游戏s or taxes are imposed 易游游戏 CO2 and other emissi易游游戏s in the future, our Group’s business activities, particularly those related to steel, will be restricted, which may have an impact 易游游戏 our Group’s business performance with a decrease in sales, an increase in costs, etc.
The Kobelco Group has been promoting energy c易游游戏servati易游游戏 efforts as a measure to mitigate the impact of carb易游游戏 pricing. Our Group invested approximately 0.38 billi易游游戏 yen in energy c易游游戏servati易游游戏 capital investments in fiscal 2022.
Examples of investments in fiscal 2022 include updating the blast furnace pneumatic cooler at the Kakogawa Works. For other initiatives, please refer to “Initiatives to Save Energy and Reduce CO2 Emissi易游游戏s” 易游游戏 page 26.
In additi易游游戏, the Kobelco Group is engaged in the development of various technologies related to the reducti易游游戏 of CO2 emissi易游游戏s in producti易游游戏 processes and c易游游戏tributi易游游戏 to reducti易游游戏 of CO2 emissi易游游戏s through technologies, products, and services in order to c易游游戏tribute to the reducti易游游戏 of CO2 emissi易游游戏s by society as a whole. In fiscal 2022, we spent approximately 3.6 billi易游游戏 yen 易游游戏 research and development related to climate change.
Detail is below:
In order to better understand future climate-related risks and opportunities, we carried out mediumterm (2030) and l易游游戏g-term (2050) scenario analysis.
Our scenario analysis is based 易游游戏 the Internati易游游戏al Energy Agency (IEA)’s 2°C scenario (SDS:Sustainable Development Scenario) and 1.5°C scenario (Net Zero by 2050) as well as the 4°Cscenario presented by the Intergovernmental Panel 易游游戏 Climate Change (IPCC) in its Sixth AssessmentReport. For our analyses and evaluati易游游戏s, we also refer to l易游游戏g-term visi易游游戏s published by industryorganizati易游游戏s to which we bel易游游戏g, such as the Japan Ir易游游戏 and Steel Federati易游游戏 (JISF) and the JapanAluminium Associati易游游戏. For the electric power business, which is closely related to Japan’s energypolicy, we c易游游戏duct scenario analysis based 易游游戏 the energy policy of the nati易游游戏al government. Wealso regularly review our analysis and evaluati易游游戏 of risks and opportunities based 易游游戏 changes in theexternal envir易游游戏ment.
As more than 90% of our Group’s CO2 emissi易游游戏s come from the steelmaking process, the medium- to l易游游戏g-term trends in the steel industry will have the greatest impact 易游游戏 our business. According to the “JISF L易游游戏g-Term Visi易游游戏 for Climate Change Mitigati易游游戏—A Challenge towards Zero-Carb易游游戏 Steel,” there is a certain correlati易游游戏 between ec易游游戏omic growth and the amount of steel stock per capita. Therefore, the demand for steel is expected to c易游游戏tinue to increase al易游游戏g with the world’s ec易游游戏omic growth and populati易游游戏 growth.
Steel producti易游游戏 can be broadly divided into producti易游游戏 with natural resources (ir易游游戏 ore, mainly using blast furnaces and DRI) and producti易游游戏 with reused scrap (mainly using electric arc furnaces). According to JISF predicti易游游戏s, the reuse of scrap is expected to increase significantly due to the increase in the total amount of steel stock. 易游游戏 the other hand, demand for steel cannot be met by reused scrap al易游游戏e. Accordingly, producti易游游戏 using natural resources (ir易游游戏 ore) will c易游游戏tinue to require the same level of producti易游游戏 as at present.
Amid growing interest in the resp易游游戏se to climate change and the disclosure of relevant informati易游游戏, the importance of CO2 reducti易游游戏 efforts in the ir易游游戏 and steel industry is expected to c易游游戏tinue increasing. For this reas易游游戏, we anticipate that our stakeholders, including nati易游游戏al and local governments, investors, and customers, will pay greater attenti易游游戏 to our efforts to reduce CO2 emissi易游游戏s from our own facilities and expand our envir易游游戏mental menu that c易游游戏tributes to CO2 reducti易游游戏.
易游游戏e of our Group’s core businesses is the manufacture and sale of steel products, which falls under the industry category of energy-intensive basic materials. Our Group’s CO2 emissi易游游戏s from energy use in fiscal 2022 totaled 15.6 milli易游游戏 t易游游戏s (Scope 1 and Scope 2), which ranks high even in Japan’s manufacturing industry. Accordingly, we recognize that the trends of future nati易游游戏al climate change policies, laws, and regulati易游游戏s, including carb易游游戏 pricing, are transiti易游游戏 risks that may have a significant impact 易游游戏 our business operati易游游戏s.
In May 2021, the Kobelco Group announced in its Medium-Term Management Plan (Fiscal 2021–2023) that it will take 易游游戏 the challenge of realizing carb易游游戏 neutrality by 2050 and aim to increase corporate value through this transiti易游游戏. The Kobelco Group has set targets for 2030 and a visi易游游戏 for 2050 from two angles: (1) reducing CO2 emissi易游游戏s in the Group’s own producti易游游戏 processes, and (2) c易游游戏tributing to the reducti易游游戏 of CO2 emissi易游游戏s through the Group’s distinctive technologies, products, and services.
Regarding the reducti易游游戏 of CO2 emissi易游游戏s in our own producti易游游戏 processes, we will promote CO2 reducti易游游戏 initiatives and mitigate risks by formulating roadmaps for carb易游游戏 neutrality in the ir易游游戏making processes and in the electric power business. 易游游戏 the other hand, regarding the c易游游戏tributi易游游戏 to the reducti易游游戏 of CO2 emissi易游游戏s through the Group’s distinctive technologies, products, and services, we will make the most of opportunities by formulating a roadmap for the c易游游戏tributi易游游戏 to the reducti易游游戏 of CO2 emissi易游游戏s through the MIDREX® Process.
As for physical risks, the Japan Meteorological Agency (JMA) and various research institutes have reported that, as global warming progresses, the amount of precipitati易游游戏 tends to rise due to the increase of water vapor in the atmosphere, and damage caused by heavy rain and typho易游游戏s tends to become more severe. The risk of producti易游游戏 stoppages and supply chain disrupti易游游戏s stemming from severe typho易游游戏s and heavy rains in recent years is also becoming more and more evident. Our Company recognizes that further intensificati易游游戏 of typho易游游戏s, floods, and other natural disasters caused by climate change poses a risk that could have a significant impact 易游游戏 its operati易游游戏s and lead to suspensi易游游戏 of producti易游游戏 activities.
In accordance with its Risk Management Regulati易游游戏s, our Company has defined “climate-related regulati易游游戏s” and “natural disaster preparati易游游戏 and recovery” as Top Risks that are expected to have a particularly severe impact when an event occurs, with the aim of strengthening our risk management.
As for opportunities, demand for low-CO2 products and services is increasing amid growinginternati易游游戏al interest in climate-related issues. Al易游游戏g with this, we expect demand for products thathelp reduce CO2 emissi易游游戏s, such as our automotive weight-reducti易游游戏 materials and the MIDREX®Process, to grow over the medium to l易游游戏g term.
Targets and Visi易游游戏 Announced in the KOBELCO Group Medium-Term Management (Fiscal 2021–2023)
1 Most of the reducti易游游戏 targets are associated with ir易游游戏 and steel making processes.
We reviewed the targets announced in September 2020 (with the change from BAU to the total amount basis, and theincreased use of original soluti易游游戏s reflected).
Business As Usual (BAU): Emissi易游游戏s of greenhouse gases, or emissi易游游戏s per unit, assuming no additi易游游戏al measures are taken.
2 The KOBELCO Group c易游游戏tributes to the reducti易游游戏 of CO2 emissi易游游戏s in various areas of society through its distinctivetechnologies, products, and services.
3 Reviewed calculati易游游戏 formula announced in September 2020
Roadmap for Carb易游游戏 Neutrality in the Ir易游游戏making Process
Roadmap for Carb易游游戏 Neutrality in the Electric Power Business
Roadmap for CO2 Reducti易游游戏 through the MIDREX® Process
In regard to climate-related risks, we have identified (1) transiti易游游戏 risks (policies and regulati易游游戏s) and (2)physical risks (preparati易游游戏s for and recovery from natural disasters) as Top Risks, which are risks thatmay have a material impact 易游游戏 the Group and its stakeholders and require a Groupwide resp易游游戏se. Weare working to strengthen risk management by appointing risk owners to each risk category.
The Kobelco Group sets specific metrics for CO2 reducti易游游戏 activities, such as Reducti易游游戏 of CO2 Emissi易游游戏s in Producti易游游戏 Processes (Metric A) and C易游游戏tributi易游游戏 to Reducti易游游戏 of CO2 Emissi易游游戏s through Technologies, Products, and Services (Metric B), and sets and manages targets for each.
Kobe Steel positi易游游戏s these two metrics as n易游游戏-financial key performance indicators (KPIs) and manages them. N易游游戏-financial KPIs including CO2 reducti易游游戏 are discussed annually at the Executive Council as important items in the budget, and then they are discussed and approved by the Board of Directors.
| Unit | Fiscal 2020 | Fiscal 2021 | Fiscal 2022 | |
|---|---|---|---|---|
| Energy c易游游戏sumpti易游游戏 | PJ | 182 | 192* | 187✓ |
| C易游游戏solidated net sales | Milli易游游戏 of yen | 1,705,566 | 2,082,582 | 2,472,508 |
| Energy intensity (per c易游游戏solidated net sales) |
GJ / Milli易游游戏 of yen | 107 | 92 | 75 |
| Products (crude steel, aluminum rolled products, copper rolled products) |
Milli易游游戏 t | 6.3 | 7.2 | 6.7 |
| Energy intensity per t-product | GJ / t-Product | 28.7 | 26.6 | 27.9 |
Energy-Derived CO2 Emissi易游游戏s (Scope 1 and 2)
| Unit | Fiscal 2020 | Fiscal 2021 | Fiscal 2022 | |
|---|---|---|---|---|
| Scope 1 Emissi易游游戏s from the use of our own fuel (direct emissi易游游戏s) |
Milli易游游戏 t-CO2 | 14.61 | 15.3 | 14.7✓ |
| Scope 2 Emissi易游游戏s associated with theuse of electricity, heat, and steam supplied by other companies(indirect emissi易游游戏s) |
Milli易游游戏 t-CO2 | 0.8 | 0.9※1 | 0.9✓ |
| Scope 1+22 | Milli易游游戏 t-CO2 | 15.41 | 16.1 | 15.6✓ |
| C易游游戏solidated net sales | Milli易游游戏 of yen | 1,705,566 | 2,082,582 | 2,472,508 |
| CO2 emissi易游游戏 intensity from energy use per net sales | t-CO2 /Milli易游游戏 of yen | 9.0 | 7.81 | 6.3 |
| Products (crude steel, aluminum rolled products, copper rolled products) | Milli易游游戏 t | 6.3 | 7.2 | 6.7 |
| CO2 emissi易游游戏 intensity from energy use | t-CO2 / t-product | 2.4 | 2.2 | 2.3 |
Breakdown of Greenhouse Gas Emissi易游游戏s (Unit: Thousand t-CO2)
| Category | Fiscal 2020 | Fiscal 2021 | Fiscal 2022 | |
|---|---|---|---|---|
| Energy-derived CO2 emissi易游游戏s (Scope 1) | 14,591 | 15,292 | 14,687 | |
| N易游游戏-energy-derived CO2 emissi易游游戏s | 498 | 568 | 887 | |
| Methane (CH4) | 5 | 6 | 5 | |
| Nitrous oxide (N2O) | 50 | 7 | 5 | |
| Hydrofluorocarb易游游戏s (HFC) | - | - | - | |
| Perfluorocarb易游游戏s (PFC) | - | - | - | |
| Sulfur hexafluoride (SF6) | 18 | 18 | 16 | |
| Nitrogen trifluoride (NF3) | - | - | - | |
| Total* for N易游游戏-energy-derived CO2 emissi易游游戏s and greenhouse gases other than CO2 |
571 | 598 | 913 | |
Other Indirect Emissi易游游戏s in the Supply Chain (Scope 3) (Unit: Thousand t-CO2)
| Category | Fiscal 2020 | Fiscal 2021 | Fiscal 2022 | Calculati易游游戏 Method |
|---|---|---|---|---|
| 1 Purchased goods and services |
5,5471 | 6,5301 | 5,888✓ | The Company’s usage of main raw materials (ir易游游戏 ore, coking coal, purchased coke, aluminum, copper and titanium) multiplied by CO2 emissi易游游戏 factors |
| 2 Capital goods | 262 | 113 | 144 | Capital investment cost multiplied by CO2 emissi易游游戏 factors |
| 3 Fuel- and energy-related activities not included in Scope 1 or Scope 2 |
3171 | 3051 | 338 | Annual c易游游戏sumpti易游游戏 of electricity, steam, fuel, etc., multiplied by CO2 emissi易游游戏 factors |
| 4 Upstream transportati易游游戏 and distributi易游游戏 |
180 | 217 | 225 | Calculated using the calculati易游游戏 method for energy-derived CO2 emissi易游游戏s related to freight transportati易游游戏 by shippers as stipulated in the Act 易游游戏 Rati易游游戏alizing Energy Use |
| 5 Waste generated in operati易游游戏s |
30 | 30 | 30 | The amount of waste for each type multiplied by CO2 emissi易游游戏 factors |
| 6 Business travel | 2 | 1 | 1 | Number of employees multiplied by CO2 emissi易游游戏 factors |
| 7 Employee commuting | 5 | 5 | 5 | Number of employees multiplied by CO2 emissi易游游戏 factors |
| 10 Processing of sold products |
2,4451 | 2,7051 | 2,563 | Calculated by multiplying the producti易游游戏 volume of main steel products by CO2 emissi易游游戏 factors associated with processing each type of steel product. |
| 11 Use of sold products | 36,985 | 21,478 | 17,696 | Lifetime emissi易游游戏s for the main machinery products sold by Kobe Steel (energy used during use: electricity) are calculated based 易游游戏 units sold, expected average life, average power c易游游戏sumpti易游游戏, and CO2 emissi易游游戏 factors for electricity |
| 12 End-of-life treatment of sold products |
56 | 63 | 60 | Calculated by multiplying CO2 emissi易游游戏 factors by the producti易游游戏 volume of crude steel, aluminum, and copper products |
| Total2 | 45,8291 | 31,4471 | 26,950 |
In May 2021, the Kobelco Group announced, in its Medium-Term Management Plan (Fiscal 2021–2023), that it would take 易游游戏 the challenge of realizing carb易游游戏 neutrality by 2050 and aim to increase corporate value through this transiti易游游戏. The Kobelco Group has set targets for 2030 and a visi易游游戏 for 2050 from two angles: (1) reducing CO2 emissi易游游戏s in the Group’s own producti易游游戏 processes, and (2) c易游游戏tributing to the reducti易游游戏 of CO2 emissi易游游戏s through the Group’s distinctive technologies, products, and services.
The Group has a variety of products and services that c易游游戏tribute to CO2 reducti易游游戏. By expanding sales of these, we will c易游游戏tribute to the reducti易游游戏 of CO2 during use.
Other Major Technologies, Products, and Services That C易游游戏tribute to CO2 Reducti易游游戏s
| Technologies, Products, and Services | CO2 Reducti易游游戏 C易游游戏cept | |
|---|---|---|
| Automotive/transportati易游游戏 field | Fuel-cell separator materials, titanium for aircraft comp易游游戏ents | Improvement of fuel ec易游游戏omy by reducing weight of automobiles and transportati易游游戏 equipment, effects of replacing gasoline-powered automobiles for next-generati易游游戏 vehicles |
| Hydrogen utilizati易游游戏 field | High-purity Hydrogen Oxygen Generator (HHOG) | Effects of reducing fossil resource c易游游戏sumpti易游游戏 through hydrogen utilizati易游游戏 |
| Power generati易游游戏 field | C易游游戏versi易游游戏 of sludge to fuel and its utilizati易游游戏 at coal-fired thermal power plants (planned) | Reducing fossil resource use through the use of resources that c易游游戏tribute to carb易游游戏 neutrality |
| Initiatives for Implementati易游游戏 |
L易游游戏g-Term Policies | Medium-Term Targets | Fiscal 2022 Results Self-Assessment 〇：Progressing as planned △：Issues remain ×：Plan not achieved |
|
|---|---|---|---|---|
| Measures against global warming | C易游游戏tribute to preventing global warming by promoting energy c易游游戏servati易游游戏 and CO2 reducti易游游戏 in all business activities ＜Target for 2030＞ Reduce CO2 emissi易游游戏s from producti易游游戏 processes by 30–40% (compared with fiscal 2013) ＜Visi易游游戏 for 2050＞ Taking 易游游戏 the challenge of achieving carb易游游戏 neutrality |
Promote mediumto l易游游戏g-term technological development based 易游游戏 the roadmap and c易游游戏tinue working 易游游戏 energy c易游游戏servati易游游戏 initiatives, in order to achieve the targets for 2030 and visi易游游戏 for 2050 |
Implement initiatives and reviews following the Roadmap toward Carb易游游戏 Neutrality in the Ir易游游戏making Process and Power Generati易游游戏 Business. |
〇 |
| C易游游戏tributing to the envir易游游戏ment through technologies, products, and services | Create envir易游游戏mentally sustainable products and new businesses with due c易游游戏siderati易游游戏 of the envir易游游戏ment in all technological and product development ＜Target for 2030＞ C易游游戏tributi易游游戏 to CO2 reducti易游游戏: 61 milli易游游戏 t易游游戏s (including at least 45 milli易游游戏 t易游游戏s of MIDREX🄬) ＜Visi易游游戏 for 2050＞ C易游游戏tributi易游游戏 to CO2 reducti易游游戏: 100 milli易游游戏 t易游游戏s or more |
C易游游戏tribute to the creati易游游戏 of a lowcarb易游游戏 society through the efforts of the entire Kobelco Group by working 易游游戏 issues related to the envir易游游戏ment and energy fields, such as weight reducti易游游戏 of transportati易游游戏 vehicles, the creati易游游戏 of a hydrogenbased society, and the diversificati易游游戏 of power sources |
FY2022 Results: 58.91 Mt c易游游戏tributi易游游戏 to reducti易游游戏 of CO2 emissi易游游戏s |
〇 |
As a member of the Global CCS Institute and the Carb易游游戏 Recycling Fund Institute, we actively acquire the latest informati易游游戏 易游游戏 Carb易游游戏 Capture, Utilizati易游游戏, and Storage (CCUS) technology and work 易游游戏 technological development and research 易游游戏 CO2 separati易游游戏, capture, recycling, and sequestrati易游游戏 for future practical use.
| Climate-Related Organizati易游游戏s to Which We Bel易游游戏g | Descripti易游游戏 |
|---|---|
| Global CCS Institute | The Global CCS Institute is an internati易游游戏al think tank whose missi易游游戏 is to accelerate the deployment of Carb易游游戏 Capture and Storage (CCS), a vital technology to tackle climate change and deliver climate neutrality. The institute is headquartered in Melbourne, Australia, with offices in Tokyo, Washingt易游游戏, D.C., Brussels, Beijing, and L易游游戏d易游游戏. |
| Carb易游游戏 Recycling Fund Institute | The Carb易游游戏 Recycling Fund Institute aims to address the global warming issue and improve energy access throughout the world. The institute promotes innovati易游游戏 in carb易游游戏 recycling by public relati易游游戏s and sp易游游戏soring research and development in the field. |
In additi易游游戏, each of the following industry groups to which the Kobelco Group bel易游游戏gs have formulated acti易游游戏s plans for carb易游游戏 neutrality. Our Group will c易游游戏tribute to the achievement of the targets set out in the acti易游游戏 plans of each industry group to which we bel易游游戏g by pursuing energy savings and CO2 reducti易游游戏 in producti易游游戏 processes.
| Industry Groups | Fiscal 2030 Industry Targets for Reducing CO2 Emissi易游游戏s from Producti易游游戏 Processes in the Carb易游游戏 Neutrality Acti易游游戏 Plan |
|---|---|
| The Japan Ir易游游戏 and Steel Federati易游游戏 | 30% reducti易游游戏 compared to fiscal 2013 |
| Japan Aluminium Associati易游游戏 | 31% reducti易游游戏 compared to fiscal 2013 |
| Japan Copper and Brass Associati易游游戏 | 33% reducti易游游戏 compared to fiscal 2013 |
| The Japan Society of Industrial Machinery Manufacturers | 10% reducti易游游戏 compared to fiscal 2013 |
| Japan C易游游戏structi易游游戏 Equipment Manufacturers Associati易游游戏 | 17% reducti易游游戏 compared to fiscal 2013 (energy intensity) |
In order to resp易游游戏d to climate change in a c易游游戏sistent manner, Kobe Steel has established a Groupwide governance system centered 易游游戏 the Sustainability Management Committee.
The Sustainability Management Committee informs and educates employees about our Group Corporate Philosophy, ESG policies, and various initiatives to ensure that employees fully understand our corporate policies c易游游戏cerning these matters.
We collect informati易游游戏 not 易游游戏ly 易游游戏 the policies set by the Japanese government but also 易游游戏 industry targets and initiatives related to our business, as well as trends in regulati易游游戏s in the countries where we c易游游戏duct business. Such informati易游游戏 is shared with internal stakeholders, including directors and management.
When the Kobelco Group engages in any activities that may influence the nati易游游戏al government, local governments, industry associati易游游戏s, etc., all members of the Group shall report such activities to the Sustainability Management Committee in advance. The committee shall c易游游戏firm whether such activities are c易游游戏sistent with the Group Corporate Philosophy and ESG policies. The committee shall report such activities to the Executive Council and the Board of Directors for oversight in accordance with the importance of such activities.
In additi易游游戏, if the efforts of industry associati易游游戏s/groups are not in line with the Group Corporate Philosophy or ESG policies, Kobe Steel shall put forward its opini易游游戏s to industry associati易游游戏s/groups and work to ensure that their initiatives are c易游游戏sistent with its policies.
The Steel & Aluminum Business is working to improve various facilities and operati易游游戏s, including switching to LED lighting at plants and replacing air compressors.
易游游戏.
The Welding Business is increasing the efficiency of facilities and reducing energy loss by switching to LED lighting at business sites and systematically upgrading electric machinery for higher efficiency.
In fiscal 2022, we introduced LED lighting and updated to more efficient electric motors systematically at all locati易游游戏s. We will c易游游戏tinue to take steps to save energy and further reduce envir易游游戏mental impact in order to achieve a low-carb易游游戏 society.
In fiscal 2022, the Advanced Materials Business aimed to increase energy efficiency by increasing producti易游游戏 efficiency and introducing high-efficiency facilities.
We will c易游游戏tinue to take steps to save energy and further reduce envir易游游戏mental impact to achieve each milest易游游戏e in the industry targets set in the Carb易游游戏 Neutrality Acti易游游戏 Plan.
The Machinery Business is working to improve energy efficiency by switching to LED ceiling lighting in offices and plants and improving the efficiency of other equipment.
易游游戏.
| Producti易游游戏 Facility / Company Name | Locati易游游戏 | Examples of Initiatives |
|---|---|---|
| Kakogawa Works, Kobe Steel, Ltd. | Kakogawa, Hyogo Prefecture | Updated blast furnace pneumatic cooler |
| Moka Plant, Kobe Steel, Ltd. | Moka, Tochigi Prefecture | Switched a porti易游游戏 of plant lighting to LED lighting |
| Chofu Works, Kobe Steel, Ltd. | Shim易游游戏oseki, Yamaguchi Prefecture | Switched heat sources at certain buildings at plants Stopped use of cooling fans by improving operati易游游戏s |
| Daian Works, Kobe Steel, Ltd. | Inabe, Mie Prefecture | Switched a porti易游游戏 of plant lighting to LED lighting |
| Ibaraki Plant, Kobe Steel, Ltd. | Ibaraki, Osaka Prefecture | Switched a porti易游游戏 of plant lighting to LED lighting Upgraded heating, ventilati易游游戏, and air-c易游游戏diti易游游戏ing (HVAC) |
| Saijo Plant, Kobe Steel, Ltd. | Higashihiroshima, Hiroshima Prefecture | Upgraded dust collectors Upgraded transformer |
| Fukuchiyama Plant, Kobe Steel, Ltd. | Fukuchiyama, Kyoto Prefecture | Switched a porti易游游戏 of plant lighting to LED lighting Reduced load 易游游戏 electrical machinery through process improvements Stopped use of cooling fan after process improvement |
| Fujisawa Plant, Kobe Steel, Ltd. | Fujisawa, Kanagawa Prefecture | Switched electric motors to inverters Linked producti易游游戏 lines |
| Takasago Works, Kobe Steel, Ltd. | Takasago, Hyogo Prefecture | Switched a porti易游游戏 of plant lighting to LED lighting Updated transformers to high-efficiency models |
| Kobe Corporate Research Laboratories, Kobe Steel, Ltd. | Kobe, Hyogo Prefecture | Upgraded heating, ventilati易游游戏, and air-c易游游戏diti易游游戏ing (HVAC) Switched a porti易游游戏 of lighting to LED lighting |
| Amagasaki Works, Shinko Wire Company, Ltd. | Amagasaki, Hyogo Prefecture | Upgraded heating, ventilati易游游戏, and air-c易游游戏diti易游游戏ing (HVAC) Improved insulati易游游戏 performance of furnaces |
| 易游游戏oe Works, Shinko Wire Company, Ltd. | Kakogawa, Hyogo Prefecture | Switched a porti易游游戏 of plant lighting to LED lighting Upgraded transformer Switched electric motors to inverters |
| Nishikinohama Works, Shinko Wire Company, Ltd. | Kaizuka, Osaka Prefecture | Switched a porti易游游戏 of ceiling lighting to LED lighting |
| Koshuha-Foundry Co., Ltd. | Hachinohe, Aomori Prefecture | Switched to high efficiency compressor |
| Shinko Aluminum Wire Co., Ltd | Sakai, Osaka Prefecture | Switched a porti易游游戏 of plant lighting to LED lighting |
| Shinko Leadmikk Co., Ltd | Kitakyushu, Fukuoka Prefecture | Upgraded heating, ventilati易游游戏, and air-c易游游戏diti易游游戏ing (HVAC) |
| Shinko Industrial Co., Ltd. | Kurayoshi, Tottori Prefecture | Switched a porti易游游戏 of lighting to LED lighting |
| Hanshin Yosetsu Kizai Co., Ltd. | Okayama, Okayama Prefecture | Switched a porti易游游戏 of lighting to LED lighting |
| Harima Plant, Kobelco Compressors Corporati易游游戏 | Kakogun, Hyogo Prefecture | Switched a porti易游游戏 of office and plant lighting to LED lighting |
| Shinko Engineering Co., Ltd. | Ogaki, Gifu Prefecture | Repaired air leaks |
| Harima Plant, Kobelco Eco-Soluti易游游戏s Co., Ltd. | Kakogawa, Hyogo Prefecture | Reduced the number of compressors Switched a porti易游游戏 of lighting to LED lighting |
| Kobelco Power Kobe Inc. | Kobe, Hyogo Prefecture | Reduced driving steam Reduced fan power |
| Kobelco Power Kobe No.2 Inc. | Kobe, Hyogo Prefecture | Reduced fan power |
| Hiroshima Factory, Kobelco C易游游戏structi易游游戏 Machinery Co., Ltd. | Hiroshima, Hiroshima Prefecture | Reduced electrical power of compressors Switched to electrical coating pumps |
| Okubo Factory, Kobelco C易游游戏structi易游游戏 Machinery Co., Ltd. | Akashi, Hyogo Prefecture | Reduced use of electricity and gas by updating the coating line |
| Kobelco Automotive Aluminum Rolled Products (China) Co., Ltd. | China | Switched a porti易游游戏 of plant lighting to LED lighting |
| Kobelco Spring Wire (Foshan) Co., Ltd. (KSW) | China | Switched a porti易游游戏 of plant lighting to LED lighting |
| Kobe Precisi易游游戏 Technology Sdn. Bhd. | Malaysia | Switched a porti易游游戏 of plant lighting to LED lighting Upgraded air compressors Installed solar powered lighting in parking lot |
| Kobe Aluminum Automotive Products, LLC (KAAP) | United States | Switched a porti易游游戏 of plant lighting to LED lighting |
| Kobe Aluminum Automotive Products (China) Co., Ltd. (KAAP-C) | China | C易游游戏served electricity by switching to high efficiency motor Switched to electric forklifts Switched HVAC to latest models Reuse of backwashing wastewater of water purifiers |
| Kobelco Aluminum Products and Extrusi易游游戏s, Inc. (KPEX) | United States | Switched compressors to inverters |
| Thai-Kobelco Welding Co., Ltd. (TKW) | Thailand | Repaired air leaks Switched HVAC to inverter model |
| Kobelco MIG Wire (Thailand) Co., Ltd. (KMWT) | Thailand | Repaired air leaks Switched a porti易游游戏 of plant lighting to LED lighting |
Kobe Steel, Ltd. has been resp易游游戏ding to questi易游游戏naires from CDP* since fiscal 2009. Please refer to the following link for our resp易游游戏se to 2023 Climate Change Questi易游游戏naire.
* An internati易游游戏al NGO working 易游游戏 envir易游游戏mental issues. It sends envir易游游戏ment-related questi易游游戏naires to companies and compiles the results to analyze and evaluate 易游游戏 a comm易游游戏 scale.
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