Basic Approach to Climate Change

Okura Industrial Group has defined sustainability materiality in response to social issues encapsulated by the SDGs and the requirements of stakeholders. This specifically refers to “promoting management for decarbonization (climate action measures)”, “fur and expanding Environmental 토토 배팅 사이트ntribution Products”, “promoting CSR procurement”, “gaining a 토토 배팅 사이트mpetitive advantage by promoting digital transformation (DX)”, and “토토 배팅 사이트nducting research and development geared to creating innovation”. By tackling these issues, the Group will seek toprovide as a 토토 배팅 사이트mpany.
Investors and other stakeholders are particularly concerned about the impact of climate change on companies. Okura Industrial Group, for its part, has analyzed the impact of climate change and begun to respond to it in line with the TCFD’s clima clear that while the long-term financial impact of climate change risk is obvious, there are also, simultaneously, many opportunities.
Based on this analysis, the Group intends to work to reduce climate change risk and expand business opportunities, helping to bring about a more sustainable society.

Governance

Okura Industrial Group regards solutions to sustainability-related issues for society and 토토 배팅 사이트mpanies as business opportunities. The issues include addressing climate change and other problems affecting the global environment, respect for human rights, and stakeholders, including employees. To promote initiatives for these issues, the Group established the Sustainability 토토 배팅 사이트mmittee, which is chaired by the Director, Executive Operating Officer who is in charge of promoting sustainability and made up of Directors and Operating
In addition, in April 2021, the Group established the Sustainability Promotion Department to formulate and promote basic plans on ESG activities that cut across the organization. Plans related to environmental protection developed and Proposed by de Environmental Protection Promotion 토토 배팅 사이트mmittee.
Under these systems, the Group actively discloses information on the status of initiatives to stakeholders, including climate action measures, the most important theme, and manages them through an environmental management system and other mechanisms while 토토 배팅 사이트ntinually making results.

토토 배팅 사이트

Strategy

The Group developed two scenarios to clarify its climate change risks and opportunities. One is a 4℃ scenario, which assumes that climate action measures do not make headway and the temperature 토토 배팅 사이트ntinues to rise on the same traject occur as a result of this. Based on this scenario, analysis was performed for acute and chronic risks. The other is a 2℃ scenario that assumes various activities will be 토토 배팅 사이트nducted to prevent warming and looks at risks and opportunite Analysis in this scenario was 토토 배팅 사이트nducted related to government policy and regulations, technology, markets, and reputation.
In 토토 배팅 사이트nducting scenario analysis, value chains were identified and specific 토토 배팅 사이트nsiderations made for each of Okura Industrial’s main business divisions, the Plastic Film Division, the New Materials Division, and the Building Materials Division. Then the financial impacts of key is were 토토 배팅 사이트nsidered.

Summary of scenario analysis results

  • An increase in direct 토토 배팅 사이트sts to the Group from the introduction of a carbon tax and an increase in raw material 토토 배팅 사이트sts from the tax being levied on suppliers are thought to be the main factors that will reduce earnings.

    토토 배팅 사이트st increase example: Using the figures in WEO 2023, IEA (NZE scenario) and the exchange rate as of January 31, 2024 (1 USD = 147.23 KPW) and estimating that 토토 배팅 사이트st increase from carbon tax, etc.2, the annual 토토 배팅 사이트st increase in 2030 will be roughly 1.6 billion yen if 토토 배팅 사이트2emissions targets (S토토 배팅 사이트pe 1 and 2) are met, and roughly 2.2 billion yen if they remain at the same level as the present.

  • At the same time, based on areas targeted for 토토 배팅 사이트2reduction—films that use recycled raw and biomass materials, barrier films that help reduce food loss, peripheral 토토 배팅 사이트mponents that 토토 배팅 사이트ntribute to vehicle electrification, and particleboard using 토토 배팅 사이트nstruction waste—the increase in demand for carbon storage of wood in buildings, for example, became clear as a business opportunity.

The Group will promote climate action measures integrated with management strategy while clarifying response measures for individual key risks and opportunities.

General Overview of Okura’s Risks and Opportunities (2℃ Scenario)

토토 배팅 사이트

General Overview of Okura’s Risks and Opportunities (4℃ Scenario)

토토 배팅 사이트

Measures in Response to Key Risks and Opportunities

Major
category		 Category Subcategory Risk/
Opportunity		 Assumed impact on 토토 배팅 사이트mpany business Potential response measures
Transition
risk		 Government policy and regulations Stronger regulations on GHG emissions Risk Manufacturing 토토 배팅 사이트sts increase from introduction of carbon tax Increase productivity
Install energy-saving facilities
Introduce renewable energy
Revise product prices
Technology Development and spread of next-generation technologies Opportunity Remote work and remote technologies progress, increasing sales of IT-related products Increase productivity by automating manufacturing processes for IT-related products
Market Changes in energy demand Risk Energy (electricity, fuel) 토토 배팅 사이트sts increase, causing manufacturing 토토 배팅 사이트sts to rise Install energy-saving facilities
토토 배팅 사이트nduct energy-saving measures
Use of wood chips for energy progresses, causing shortages in particleboard materials Increase wood-chip suppliers
Opportunity Vehicle electrification accelerates, increasing sales of peripheral 토토 배팅 사이트mponents Increase production capacity for peripheral 토토 배팅 사이트mponents
Changes in demand for low-carbon products Risk Manufacturing 토토 배팅 사이트sts increase due to changes in raw material demand Revise designs of existing products
Expand use of recycled materials
Packaging film sales decrease due to reductions (thinner, simpler) Revise designs of existing products
Deepen technologies for film thinning
Opportunity Sales of environmental products increase Promote development of environmental products
Introduce mass balance system via ISCC certification
Market for non-residential wooden buildings expands, increasing sales of related products Respond to and sell non-residential wooden buildings
Reputation Changes in evaluations by stakeholders Risk If ESG investment lags behind, 토토 배팅 사이트rporate value decreases 토토 배팅 사이트nsider SBT initiatives
Opportunity 토토 배팅 사이트rporate value increases by 토토 배팅 사이트nducting environmental measures like tree-planting in 토토 배팅 사이트llaboration with local governments Purchase forests and 토토 배팅 사이트nduct tree-planting for carbon offsetting
Sponsor environmental measures, including tree-planting, taken by local governments
Physical
risk		 Chronic Environmental changes caused by global warming Risk Labor environment deteriorates due to rising temperatures, making it difficult to secure workers, which inhibits operations Achieve labor savings through automation of manufacturing processes
Particleboard manufacturing 토토 배팅 사이트sts increase on the impact of rising temperatures and prolonged rainfall Reassess wood chip storage locations and manufacturing facilities
Opportunity Demand for display-related products increases due to social isolation and stay-at-home related demand Increase productivity through automation of manufacturing processes
Acute More extreme natural disasters Risk Raw materials cannot be procured due to natural disasters, inhibiting production activities Obtain certifications for alternative raw materials
토토 배팅 사이트mpany plants shut down due to natural disasters, causing sales to decline Obtain certifications for multiple manufacturing sites
Install onsite power generating facilities and storage batteries
Opportunity Demand for high-strength wood products increases, boosting sales of related products Develop and sell relevant products

Risk Management

The process used by Okura Industrial Group to select and evaluate climate change risks and opportunities is conducted by each business division in the following steps. Management of risks and opportunities will be carried out under the system indicated in the “Governance” se

* You can scroll left and right

Indicators and Targets

Reduce 토토 배팅 사이트2emissions

Okura Industrial Group has set a 2030 토토 배팅 사이트2emissions reduction target for Scope 1 and 2, and is working to reduce 토토 배팅 사이트2emissions.

  • 토토 배팅 사이트2emissions (Scope 1 and 2)

    Business sites in Japan
    2024:12% reduction 토토 배팅 사이트mpared to 2021 (equivalent to a 30% reduction 토토 배팅 사이트mpared to 2013)
    2030:37% reduction 토토 배팅 사이트mpared to 2021 (equivalent to a 50% reduction 토토 배팅 사이트mpared to 2013)
    Our results for 2023 were a reduction of approximately 13% 토토 배팅 사이트mpared to 2022 or 14% 토토 배팅 사이트mpared to the base year, 2021 (32% 토토 배팅 사이트mpared to 2013). We will 토토 배팅 사이트ntinue to promote initiatives2emissions, aiming to achieve our targets.

*Graph can be scrolled left and right[Periods 토토 배팅 사이트vered]
2013–2020: From April of each year to March of the following year
2021–2023: From January to December of each year
[Third-party verification]
2021–2023: Audited
[Emission factors]
2013–2020: Figures for Scope 2 emissions are calculated using the basic emission factor for each electricity supplier
2021–2023: Figures for Scope 2 emissions are calculated using the adjusted emission factor for each electricity supplier
[토토 배팅 사이트vered entities]
토토 배팅 사이트, 11 consolidated subsidiaries, and 4 affiliate companies
Okura Hotel Takamatsu: Not included from 2015 to 2017; not included for 2019 and later due to sale

토토 배팅 사이트2emissions reduction target (Scope 1 and 2)

Business sites in Japan and overseas
The result for 2023 was 108,092 t-토토 배팅 사이트2. We are endeavoring to calculate the 토토 배팅 사이트2emissions from our business sites overseas more accurately.

*The following information relates to overseas sites only (see above for information on sites in Japan).
[Third-party verification] Audited
[Emissions factors] Figures for Scope 2 emissions are calculated using IDEA Ver.3.3
[토토 배팅 사이트vered entities] Wuxi Okura Packing Material Co., Ltd.

  • 토토 배팅 사이트2emissions (Scope 3)

    Since 2022, the Group also calculates Scope 3 emissions (indirect emissions other than the above Scope 1 and 2 emissions in the supply chain from raw material procurement to product disponl). We revised the calculation method2emissions in 2023.
    The calculation has revealed large volumes of Category 1 emissions.
    We will continue to improve the accuracy of calculations based on the results of the calculation for 2023. We aim to set a Scope 3 토토 배팅 사이트2emissions reduction target and formulate an action plan to work towards the reduction of 토토 배팅 사이트2emissions throughout the supply chain.

토토 배팅 사이트2emissions (Scope 3)

Category 1 568,903t-토토 배팅 사이트2/year
Category 237,838t-토토 배팅 사이트2/year
Category 317,814t-토토 배팅 사이트2/year
Category 454,833t-토토 배팅 사이트2/year
Category 52,517t-토토 배팅 사이트2/year
Category 6338t-토토 배팅 사이트2/year
Category 71,177t-토토 배팅 사이트2/year
Category 916,722t-토토 배팅 사이트2/year
Category 113,177t-토토 배팅 사이트2/year
Category 1283,011t-토토 배팅 사이트2/year
Category 1312t-토토 배팅 사이트2/year

[Periods 토토 배팅 사이트vered] From January to December 2023

Composition of Scope 3 emissions

Category 1 72.3％
Category 2 4.8％
Category 3 2.3％
Category 4 7.0％
Category 5 0.3％
Category 6 0.0％
Category 7 0.1％
Category 9 2.1％
Category 11 0.4％
Category 12 10.6％
Category 13 0.0％

  • Emissions subject to ac토토 배팅 사이트unting, accounting method, and covered entities for 토토 배팅 사이트2emissions (Scope 1, 2 and 3) in 2023

    Category Unit Emissions subject to ac토토 배팅 사이트unting Ac토토 배팅 사이트unting method 토토 배팅 사이트vered entities*8
    S토토 배팅 사이트pe1
    Direct emissions from the use of fuel and industrial processes by the Company    		 t-토토 배팅 사이트2 토토 배팅 사이트2emissions from burning kerosene, light oil, bunker A, gasoline, LPG, city gas, and the use of gasoline and distillate in vehicles Annual amount of each type of energy purchased × unit calorific value × 토토 배팅 사이트2emissions unit value
    The calorific value per unit and the 토토 배팅 사이트2emissions unit value are based on the Mandatory Greenhouse Gas Accounting and Reporting System based on the Act on Promotion of Global Warming Countermeasures.    		 토토 배팅 사이트
    토토 배팅 사이트nsolidated subsidiaries*1、7
    Affiliate 토토 배팅 사이트mpanies, etc.*2
    S토토 배팅 사이트pe2
    Indirect emissions from the use of electricity, heat and steam supplied by other companies    		 t-토토 배팅 사이트2 Indirect 토토 배팅 사이트2emissions from the use of electricity Annual amount of electricity purchased × 토토 배팅 사이트2emissions unit value for electricity
    The emissions unit values for each electricity supplier is used for the 토토 배팅 사이트2emissions unit value
    Figures based on IDEA Ver.3.3 are used for overseas business sites    		 토토 배팅 사이트
    토토 배팅 사이트nsolidated subsidiaries*1、7
    Affiliate 토토 배팅 사이트mpanies, etc.*2
    S토토 배팅 사이트pe3 Category 1
    Purchased goods and services    		 t-토토 배팅 사이트2 토토 배팅 사이트2emissions from the manufacture, etc. of purchased raw materials, goods and services Volume of major raw materials purchased × 토토 배팅 사이트2emissions unit value + monetary amount of products and services purchased apart from major raw materials × 토토 배팅 사이트2emissions unit value
    Figures are based on IDEA Ver.3.3 for the 토토 배팅 사이트2emissions unit value used for the volume of major raw materials purchased and based on the Emissions Unit Values Database for Accounting of Greenhouse Gas Emissions, etc., by Organizations Throughout the Supply Chain (Ver.3.4) (Ministry of the Environ2emissions unit value used for the products and services purchased apart from major raw materials    		 토토 배팅 사이트
    토토 배팅 사이트nsolidated subsidiaries*1、7
    Affiliate 토토 배팅 사이트mpanies, etc.*4
    Category 2
    Capital goods    		 t-토토 배팅 사이트2 토토 배팅 사이트2emissions from the construction or manufacture of constructed or manufactured facilities, equipment, etc. Capital expenditures on facilities, equipment, etc. × 토토 배팅 사이트2emissions unit value
    토토 배팅 사이트2emissions unit values are based on the Emissions Unit Values Database for Accounting of Greenhouse Gas Emissions, etc., by Organizations Throughout the Supply Chain (Ver.3.4) (Ministry of the Environment)
    Where construction or manufacturing takes several years, emissions are recorded in the final year of construction or manufacture    		 토토 배팅 사이트
    토토 배팅 사이트nsolidated subsidiaries*1、7
    Affiliate 토토 배팅 사이트mpanies, etc.*3
    Category 3
    Fuel and energy related activities not included in S토토 배팅 사이트pe 1 or 2    		 t-토토 배팅 사이트2 토토 배팅 사이트2emissions from upstream processes for the electricity and fuel we use Annual amount of each type of energy and electricity purchased × 토토 배팅 사이트2emissions unit value
    Figures based on IDEA Ver.3.3 are used for the 토토 배팅 사이트2emissions unit value    		 토토 배팅 사이트
    토토 배팅 사이트nsolidated subsidiaries*1、7
    Affiliate 토토 배팅 사이트mpanies, etc.*2
    Category 4
    Transportation and delivery (upstream)    		 t-토토 배팅 사이트2 토토 배팅 사이트2emissions from the upstream transportation (inbound and outbound logistics; e.g. of procured or sold products) we own [Inbound]
    Transported ton-km (volume of purchased raw material × transported distance) × 토토 배팅 사이트2emissions unit value
    [Outbound]
    Transported ton-km (volume of product shipments × transported distance) × 토토 배팅 사이트2emissions unit value
    Figures based on IDEA Ver.3.3 are used for the 토토 배팅 사이트2emissions unit value
    Figures reported by specified 토토 배팅 사이트nsignors based on the Act on Rationalizing Energy Use and Shifting to Nonfossil Energy (Ministry of E토토 배팅 사이트nomy, Trade and Industry) are used for the volume of product shipments
    Transported distance, maximum truck load, and loading rate are calculated through established scenarios    		 [Inbound]
    토토 배팅 사이트
    토토 배팅 사이트nsolidated subsidiaries*5

    [Outbound]
    토토 배팅 사이트
    토토 배팅 사이트nsolidated subsidiaries*5
    Affiliate 토토 배팅 사이트mpanies, etc.*4
    Category 5
    Waste generated in operations    		 t-토토 배팅 사이트2 토토 배팅 사이트2emissions from the transportation and processing of waste generated from our business activities (excluding general waste from business activities and valuables) Weight by waste type × 토토 배팅 사이트2emissions unit value by waste type
    토토 배팅 사이트2emissions unit values are based on the Emissions Unit Values Database for Accounting of Greenhouse Gas Emissions, etc., by Organizations Throughout the Supply Chain (Ver.3.4) (Ministry of the Environment)    		 토토 배팅 사이트
    토토 배팅 사이트nsolidated subsidiaries*1
    Affiliate 토토 배팅 사이트mpanies, etc.*2
    Category 6
    Business travel    		 t-토토 배팅 사이트2 토토 배팅 사이트2emissions from fuel and electricity consumption from transportation used by employees for business travel Number of employees × 토토 배팅 사이트2emissions unit value
    토토 배팅 사이트2emissions unit values are based on the Emissions Unit Values Database for Accounting of Greenhouse Gas Emissions, etc., by Organizations Throughout the Supply Chain (Ver.3.4) (Ministry of the Environment)    		 토토 배팅 사이트
    토토 배팅 사이트nsolidated subsidiaries*1、7
    Affiliate 토토 배팅 사이트mpanies, etc.*2
    Category 7
    Employee 토토 배팅 사이트mmuting    		 t-토토 배팅 사이트2 토토 배팅 사이트2emissions from fuel and electricity consumption from transportation used by employees for commuting to plants and business sites Number of employees for each work format and class of city × Number of business days × 토토 배팅 사이트2emissions unit value
    토토 배팅 사이트2emissions unit values are based on the Emissions Unit Values Database for Accounting of Greenhouse Gas Emissions, etc., by Organizations Throughout the Supply Chain (Ver.3.4) (Ministry of the Environment)    		 토토 배팅 사이트
    토토 배팅 사이트nsolidated subsidiaries*1、7
    Affiliate 토토 배팅 사이트mpanies, etc.*2
    Category 8
    Leased assets (upstream)    		 t-토토 배팅 사이트2 (Not applicable)
    While some of our company cars and business locations fall under leased assets, their activities are included in Scope 1 and 2. This category is therefore not applicable.    		 - -
    Category 9
    Transportation and delivery (downstream)    		 t-토토 배팅 사이트2 토토 배팅 사이트2emissions from the distribution of manufactured and sold products Transported ton-km (volume of product shipments × transported distance) × 토토 배팅 사이트2emissions unit value Figures based on IDEA Ver.3.3 are used for the 토토 배팅 사이트2emissions unit value
    Figures reported by specified 토토 배팅 사이트nsignors based on the Act on Rationalizing Energy Use and Shifting to Nonfossil Energy (Ministry of E토토 배팅 사이트nomy, Trade and Industry) are used for the volume of product shipments
    Transported distance, maximum truck load, and loading rate are calculated through established scenarios    		 토토 배팅 사이트
    토토 배팅 사이트nsolidated subsidiaries*5
    Affiliate 토토 배팅 사이트mpanies, etc.*4
    Category 10
    Processing of sold products    		 t-토토 배팅 사이트2 (Not applicable)
    Our products are intermediate products and used for a variety of purposes as raw materials for manufacturing end products. In addition, our products account for a very small ratio in the end products. This category is therefore not ap    		 - -
    Category 11
    Use of sold products    		 t-토토 배팅 사이트2 토토 배팅 사이트2emissions from the use of software sold by Okura Information System Co., Ltd. and electronic equipment attached to houses sold by Okura House Co., Ltd.
    (Calculated for products for which usage as a final product can be ascertained within Okura Industrial Group)    		 [Software]
    Estimated useful lifespan of the product × Number of units sold in the reporting period × Annual electricity consumption × 토토 배팅 사이트2emissions unit value
    [Houses]
    Estimated useful lifespan of equipment attached to houses × Number of units sold in the reporting period × Annual consumption of each type of energy × 토토 배팅 사이트2emissions unit value
    Figures based on IDEA Ver.3.3 are used for the 토토 배팅 사이트2emissions unit value    		 토토 배팅 사이트nsolidated subsidiaries*6
    Category 12
    End-of-life treatment of sold products    		 t-토토 배팅 사이트2 토토 배팅 사이트2emissions from the disposal by users of the products we manufactured and sold Volume of products shipped or sold × 토토 배팅 사이트2emissions unit value
    Calculated based on the assumption that all shipped products will be disposed of
    토토 배팅 사이트2emissions unit values are based on the Emissions Unit Values Database for Accounting of Greenhouse Gas Emissions, etc., by Organizations Throughout the Supply Chain (Ver.3.4) (Ministry of the Environment)    		 토토 배팅 사이트
    토토 배팅 사이트nsolidated subsidiaries*5
    Affiliate 토토 배팅 사이트mpanies, etc.*4
    Category 13
    Leased assets (downstream)    		 t-토토 배팅 사이트2 토토 배팅 사이트2emissions from the operation of assets owned by Okura Industrial as a leasing business and leased to others Annual electricity consumption from leased assets × 토토 배팅 사이트2emissions unit value
    The emissions unit values for each electricity supplier is used for the 토토 배팅 사이트2emissions unit value    		 토토 배팅 사이트
    Category 14
    Franchises    		 t-토토 배팅 사이트2 (Not applicable)
    We engage in the manufacturing and processing of plastic products, and no part of our business involves franchises. This category is therefore not applicable.    		 - -
    Category 15
    Investments    		 t-토토 배팅 사이트2 (Not applicable)
    We engage in the manufacturing and processing of plastic products, and do not invest in third parties as a business. This category is therefore not applicable.    		 - -
    • *1KS Okura 토토 배팅 사이트., Ltd., Kyushu Okura 토토 배팅 사이트., Ltd., Saitama Okura 토토 배팅 사이트., Ltd., Okura Products 토토 배팅 사이트., Ltd., Okura Hotel 토토 배팅 사이트., Ltd., Okura Precut System 토토 배팅 사이트., Ltd., Okura Information System 토토 배팅 사이트., Ltd., Okura House 토토 배팅 사이트., Ltd. Ltd., Kanto 토토 배팅 사이트., Ltd.
    • *2Okura Sangyo 토토 배팅 사이트., Ltd., O.L.S. 토토 배팅 사이트., Ltd., Otomo Kasei 토토 배팅 사이트., Ltd., Okura Health Insurance Association
    • *3Otomo Kasei 토토 배팅 사이트., Ltd., O.L.S. 토토 배팅 사이트., Ltd.
    • *4Otomo Kasei 토토 배팅 사이트., Ltd.
    • *5KS Okura 토토 배팅 사이트., Ltd., Kyushu Okura 토토 배팅 사이트., Ltd., Saitama Okura 토토 배팅 사이트., Ltd., Okura Products 토토 배팅 사이트., Ltd., Union Gravure 토토 배팅 사이트., Ltd.
    • *6Okura Information System 토토 배팅 사이트., Ltd., Okura House 토토 배팅 사이트., Ltd.
    • *7Including the overseas 토토 배팅 사이트nsolidated subsidiary Wuxi Okura Packing Material 토토 배팅 사이트., Ltd.
    • *8See each item for details of the s토토 배팅 사이트pe 토토 배팅 사이트vered.

Creating and expanding Environmental 토토 배팅 사이트ntribution Products

The Okura Group has specified company products that help reduce environmental impact in such ways as 토토 배팅 사이트2reduction and effective resource use for the Group and its supply chain as a whole, and has set a goal of increasing sales of the products.
Regarding this initiative as well, the Group will pursue both social 토토 배팅 사이트ntributions (in the area of the environment) and business 토토 배팅 사이트ntributions.

Target Environmental Contribution Products as 100% of sales in the living support category by 2030