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Climate Change Initiative
In order to strengthen our efforts toward helping to achieve the SDGs and carbon neutrality, which is a global target, we established the ESG Promotion Office and CN Promotion Office in FY2021 and we reorganized the ESG Promotion Dept. and CN Promotion Office under the Management Planning Div. to advance environmental activities.
Initiatives for Carbon Neutrality
To achieve our CO2 emissions goal of carbon neutrality, the CN Promotion Section plays a central role in promoting activities at all group sites, including production sites, offices, and sales companies.
These activities include providing examples of daily energy-saving activities, ensuring follow-up on implementation, and supporting the planning of renewal plans based on inventories of aging facilities.
In addition, we promote the creation of action plans tailored to the circumstances of each site and country of operation by studying the introduction of renewable energy sources with an eye to future power procurement.
Action plans are shared among the members of the CN and Energy Conservation Subcommittee, which meets monthly to discuss issues and activities at each site and to provide an opportunity to review the plans of their own sites.
All group sites share the transition plan toward carbon neutrality and are working toward this goal.
Information Disclosure Using a Questionnaire from CDP*
KYB received a “B” rating in the Climate Change category (in December 2022) and a rating of “A–” in Supply Chain Engagement (in March 2023).
*CDP is a UK-based non-governmental organization (NGO) controlled by charitable organizations. It conducts administration on a global disclosure system that assists investors, companies, countries, regions, and cities in managing their own environmental impacts. Also, CDP is fully TCFD compliant and maintains the world’s largest environmental database. The organization’s scores are widely used to promote investment and procurement decision-making aimed at achieving a zero-carbon, sustainable, resilient economy.