Initiatives against climate change
Climate change is an unavoidable and urgent issue for every human being and form of life on our planet.
One of Shinwa’s important issues to be addressed with priority (materiality) is initiatives against climate change. We will work to achieve carbon neutrality by focusing on reducing emissions of greenhouse gases (GHG) such as carbon dioxide (CO2).
Information disclosure based on TCFD Recommendations
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In line with the recommendations of the TCFD (Task Force on Climate-Related Financial Disclosures), the Shinwa Group considers the impact of climate change on our business activities. We appropriately disclose information to stakeholders for the items of governance, strategy, risk management, and indicators and targets.
Greenhouse gas emissions reduction targets and major initiatives
Target: Non-consolidated domestic and overseas group companies (Scope 1, 2)
CO2 equivalent emissions (t-CO2)
| Theme |
Initiative challenges |
Medium-term goals |
Long-term goals |
|
Carbon Neutral
|
Energy conservation and
introduction of renewable
energy at domestic sites |
By 2023: Decide on
information collection,
analysis, and policy |
2050：100％ |
Improving the ratio of EVs
among vehicles owned by
domestic companies |
2030：90％ |
2050：100％ |
Virtually zero CO2 emissions
in Scope 1 and 2 of Shinwa
(non-consolidated) |
2030: 42% reduction |
2050: Virtually zero
CO2 emissions |
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