Sustainability

- TCFD

TCFD

We disclose of climate-related information
based on TCFD framework,
We will further enhance this information and
promote a series of activities.

①Governance

Practicing the principles of our Management Philosophy, will enable Fujitec to achieve harmonious coexistence with society and nature, as well as contribute to the creation of sustainable societies. We work together with stakeholders in a variety of business activities that include the pursuit of safety and security, human resources development, technology transfer, social contribution and environmental activities. The Sustainability Committee, under the supervision of Fujitec’s Representative Director and President, analyzes and manages risks and opportunities related to climate change. Together with other sustainability issues and initiatives, the Committee confirms alignment with management plans, managing and overseeing the implementation of relevant measures. The Sustainability Committee also reports to the Board of Directors on important sustainability issues, including climate change, as required.
Specific analyses and measures related to climate change issues are conducted by the Sustainability Promotion Office under the supervision of the Board of Directors, the Sustainability Committees and the owner of the environmental materiality.
In addition, the Sustainability Promotion Office collaborates with group business units, head office organizations, and subsidiaries to incorporate climate change risks and opportunities into business strategies and consider measures to address climate change-related issues, management indicators, and targets. The Office escalates and reports to the Sustainability Committee.

Governance

②Strategy: Climate Change Risks and Opportunities

We conducted a qualitative analysis of the impact of climate change on business and performance based on the TCFD framework.

Scenarios

We conducted scenario analysis based on the following two scenarios:

  • Scenario below 2°C (IPCC SSP1-2.6 scenario): Scenario of transition to a low-carbon economy

  • 4°C scenario (IPCC SSP5-8.51): Scenario of increased risk of physical climate change

The basic time horizon of the analysis was the year 2030 for transition risk and the year 2050 for physical risks.

Scope

We selected Fujitec Co., Ltd. and consolidated subsidiaries as the scope of analysis.

Summary of Risks and Opportunities

We will continue to assess the financial impact of the risks and opportunities identified, to generate countermeasures to address the risks and opportunities.

Summary of Risks and Opportunities

③Risk Management

Fujitec established the Risk Management Committee, chaired by our President, to reduce business risks and eradicate risks that have a major impact on society, including ethical, legal, environmental, and quality issues. The Committee strives to ensure the early detection of risks and appropriate responses measures.
As a subordinate organization, the Risk Management Operation Committee was established to collect information, provide guidance and management of risk management functions on a company-wide basis.
This Committee is also charged with taking prompt and appropriate action to deal with potential risks surrounding the company.
As with company-wide risk management processes, once analyses have been performed by the Sustainability Committee and the Executive Committee, the Risk Management Committee reports to the Board of Directors as appropriate about the degree of impact and management status of important risks related to climate change.

Risk Management

④Indicators and Targets

The Fujitec Group’s greenhouse gas (GHG) emissions Scope1 and 2 are shown below.
CO2 emissions for Scope 1 and 2 in fiscal 2020 were 23,691 tons, down 10.8% from the previous year. CO2 emissions per unit of sales also decreased to 14.0 tons per 100 million yen from 14.6 tons per 100 million yen in the previous year.
As a company that aims to make a positive impact on the environment and society, Fujitec takes a proactive stance to our social responsibilities. We consider how we can contribute to decarbonization and solutions to other social issues in ways only a company responsible for social infrastructure can.
As part of our decarbonization efforts, we will continue to capture Scope 3 GHG emissions while sharing information with suppliers in our supply chain.
In the future, we will formulate targets for contributing to decarbonized societies, considering the best formats for disclosure.

Indicators and Targets
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