Sustainability Environment and Society
Information disclosure based on TCFD recommendations
Our Company has expressed its support for the recommendations of the Task Force on Climate-related Financial Disclosures (TCFD), established by the Financial Stability Board (FSB), and is a member of the TCFD Consortium, which consists of supporting companies and financial institutions.
In line with the TCFD recommendations, we disclose the risks and opportunities posed by climate change to our group as follows.
Governance
Our Company has established a Sustainability Committee to formulate policies and plans concerning climate change action and other sustainability issues and to monitor related initiatives..
Issues and strategies
Our Company is pursuing opportunities for business development and business expansion, based on the following business strategies while considering response to climate change.
| Electronic Devices Business |
Development of new products and new commercial rights |
|---|---|
| Maintenance and enhancement of the profitability of existing businesses | |
| Electronic Systems Business |
Expansion of business scale and earnings base in new areas |
| Strengthening of competitive advantages in existing areas | |
| Strengthening of collaboration with the Group | |
| Electronic Solutions Business |
Development of high-value-added businesses |
| Construction and expansion of new business model | |
| Enhancement of solutions development capabilities and creation of group synergies |
■1.5°C scenario
Changes in energy policies and the introduction of carbon taxes are expected to increase costs (expenses and purchasing costs). Conversely, while many low-carbon technologies are being put into practical use in the markets we target, the adoption of electronic devices, semiconductors, and electronic components in EVs, industrial equipment, and communication equipment is increasing, and demand is expected to grow. If expected cost increases can be passed on and recovered, we can expect an increase in profit in line with market growth.
■ 4°C scenario
This scenario expects that increases in costs (expenses and purchasing costs) will not beas large as under the 1.5°C scenario, but the frequency and intensity of natural disasters will increase. On the other hand, while markets are not expected to grow significantly, a certain degree of continued growth is expected. Earnings cannot be expected to grow as much asunder the 1.5°C scenario, but if expected cost increases can be passed on and recovered, a certain degree of earnings growth matched to market growth can be expected.
■Strategies impact analysis for 1.5°C and 4°C scenarios
Risk management
The Sustainability Committee comprehensively evaluates risks and opportunities relatedto climate change. In our priority ranking of climate-related risks, we set importance on the basis of factors including the degree of impact of risks and opportunities under multiple scenarios and the content and the magnitude of the impacts on our financial situation. We incorporate the outcomes into our Company-wide risk management plan, which is submitted to the Internal Control Committee chaired by the Representative Director and CEO for approval and is then reported to the Board of Directors.
Indicators and targets
In evaluating our climate change initiatives, we use Scope 1 to 3 greenhouse gas emissions volumes as indicators.
MARUBUN Group (Consolidated) results for FY2023
| Scope1 | 884 t-CO2 (non-consolidated Company: 91 t-CO2) |
|---|---|
| Scope2 (Market-based) | 893 t-CO2 (non-consolidated Company: 542 t-CO2) |
| Scope2 (Location-based) | 930 t-CO2 (non-consolidated Company: 607 t-CO2) |
| Scope3 | 1,543,110 t-CO2 (non-consolidated Company: 1,463,041-CO2) |
*Note 1: Group results are the total figure for the non-consolidated Company and three domestic consolidated subsidiaries.
*Note 2: The figue for Scope 3 is the total for categories 1 to 7.
MARUBUN Group targets for FY2030
| Scope1+Scope2 | 50% reduction (compared with FY2019) |
|---|
MARUBUN Group targets for FY2050
| Scope1+Scope2 | Carbon Neutrality |
|---|
We also consider initiatives in the supply chain to be important to our business. Once a year, we check major suppliers’ efforts to reduce greenhouse gas emissions. We also deliver our thoughts and initiatives regarding CSR procurement, including greenhouse gas emission reduction, to other top suppliers on an annual basis as an effort to gain their understanding.
Initiatives aimed at the global environment
Basic approach
Our Company views environmental issues as a key issue within our corporate activities. Based on our Environmental and Quality Policy, we engage in multi-faceted environmental activities including resource conservation, energy saving, and waste reduction as environmental conservation initiatives.
Environmental Performance Data
We consider “environmental issues” to be an important challenge in our corporate activities, and based on our “Environment and Quality Policy,” we are promoting various environmental activities such as resource saving, energy saving, and waste reduction as part of our efforts to protect the environment.
(Reference）
For more information about our environmental activities, please click here.
Chart Generator
Examples of initiatives
■Switch to LED office lighting
We use low-energy-consumption LED lighting in the head office.
■Adoption of eco-cars for company vehicles
We are promoting a switch to eco-cars as lease periods expire.
（Number of Company Vehicles and Eco-Car Ratio）
| FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | |
|---|---|---|---|---|---|
| Company-owned vehicles | 41 | 36 | 27 | 23 | 22 |
| Of the above, eco-cars | 28 | 27 | 20 | 16 | 16 |
| Ratio | 68.3 ％ | 75.0 ％ | 74.0 ％ | 69.6 ％ | 72.7 ％ |
■Use of green electric power
We use green electric power for a portion of the electric power consumed in our head office building (results in FY2023: 50,000 kWh)
■Green Fund administered by the National Land Afforestation Promotion Organization
Our Company supports a variety of initiatives, including forest development and human resource development at home and overseas through forest volunteers and NPOs. We also donate to the Green Fund of the National Land Afforestation Promotion Organization. Donations are used in projects that span the greening of nearby environments to forest maintenance, projects to raise awareness of greenery proliferation, and forest environment education, as well as the invigoration of forest development and human resource development activities.
■Use of Rainforest Alliance Certified products
Our Company has introduced vending machines offering Rainforest Alliance Certified* products.
The tea and coffee that we serve to guests at the Marubun head office are also Rainforest Alliance Certified.
* A comprehensive certification system aimed at promoting more sustainable agriculture, incorporating protection of forests, respect for workers’ human rights, improvement of workers’ living conditions, and mitigation of and adaptation to the climate crisis.
Relations with society
Basic approach
Our Charter of Corporate Conduct sets out that “we will contribute to a sustainable society as a good corporate citizen.” We engage in a number of social contribution activities including support for future researchers, donations to organizations tackling social issues, and interaction with our local communities.
Academic support through the Marubun Research Promotion Foundation
The Marubun Research Promotion Foundation was established in 1997 to contribute to the strengthening of industrial and technological infrastructure in Japan and overseas and to contribute to the sound advancement of Japan’s economy and society in harmony with the international community.
The foundation commends outstanding research achievements of young researchers at universities and at national and public research institutions, and offers research exchange grants. These include grants subsidizing joint research expenses for Japanese researchers at overseas universities and research institutes, as well as research expenses for foreign researchers engaged in research activities at Japanese universities*.
Endorsing the Marubun Research Promotion Foundation’s initiatives for the continuation of activities aimed at the advancement of next-generation creative industrial technologies, we provide support for researchers through donations to the foundation.
* The Marubun Research Promotion Foundation has provided over 1,500 commendations and research exchange grants to date. The foundation has supported many researchers whose achievements have subsequently won acclaim. Examples include current Nagoya University professor Hiroshi Amano, who was commended by the foundation in FY2000 for his outstanding achievements as a young researcher at the time, and the late Isamu Akasaki, who had recommended Mr. Amano. The two were among the recipients of the Nobel Prize in Physics in 2014.
Donation to the TABLE FOR TWO International specified non-profit organization
We donate to TABLE FOR TWO International, an organization that provides support for school lunches and for enhanced agricultural productivity in East Africa and Southeast Asia. The organization does so under a mission of eliminating the food imbalances occurring on a global scale and improving the health of people in both developing and developed countries.
【About TABLE FOR TWO International】
The mission of this organization is to eliminate the food inequality that is occurring on a global scale and to improve the health of people in both developing and developed countries at the same time.
The organization supports school lunches, vegetable gardens, and agricultural productivity in six countries in East Africa (Uganda, Rwanda, Tanzania, Kenya, and Malawi) and Southeast Asia (the Philippines).
Sponsorship of Paralym Art
We are an official partner of the Paralym Art program operated by Shougaisha Jiritsu Suishin Kikou Association, which supports economic independence and social participation for people with disabilities.
【About Paralym Art】
ParalynArt is a social contribution project conducted by the Organization for the Promotion of Independence of Persons with Disabilities based on the philosophy of “creating a world where people with disabilities can realize their dreams through art.
Partner companies use the works of artists with disabilities for promotional activities, etc., and the artists are compensated according to the use of their works, thereby supporting the independence of people with disabilities.
Donation of disaster supplies
We donate disaster supplies to General Incorporated Association National Food Bank All Japan.
NPO Special Olympics Nippon Tokyo
Special Olympics Nippon Tokyo support organizations that provide people with intellectual disabilities with a variety of sports training and competitions where they can showcase their achievements.
【About Special Olympics Nippon Tokyo】
Special Olympics Nippon Tokyo provide year-round opportunities for people with intellectual disabilities (athletes) to train and compete in a variety of Olympic sporting events, and provide ongoing opportunities for athletes to improve their health, exercise their courage, experience joy, and share their talents, skills, and friendship with their families, other athletes, and the community. and to share their talents, skills, and friendship with their families, other athletes, and the community.
Japan Pink-Ribbon of Smile and Happiness campaign
With the desire to “reduce the number of people suffering from breast cancer” and “eliminate breast cancer”, we are engaged in various activities to promote early detection and treatment of breast cancer through breast cancer awareness activities.
【About Japan Pink-Ribbon of Smile and Happiness campaign】
Through the Pink Ribbon Campaign, the organization promotes monthly self-examination and aims for early detection and treatment through educational activities for breast cancer screening, and also provides support and activities for breast cancer patients.
Our activities are based on the three core activities listed on the left (activities for “all women”, “breast cancer patients”, and “breast cancer patients’ families”).
Business perspective
■Case1：Local 5G Infrastructure Construction Support Project
Local 5G is a 5G communication network that is built independently within a limited area, such as a company. The Ministry of Internal Affairs and Communications anticipates that the spread of local 5G will promote telemedicine, remote control of construction machinery, smart factories, automatic farm management, distribution of high-definition video, and the development of telework environments.
We provide various solutions centered on “virtualized mobile cores,” including “mobile core testing,” “network synchronization/synchronization analysis,” “radio propagation simulation,” “radio quality measurement,” and “terminal and application development,” to help local 5G We contribute to the spread of local 5G system design, construction, and operation.
■Case 2: High-reliability products for rockets and satellites
In order to build “resilient disaster prevention and mitigation” and “response and adaptation to climate change” while aiming to coexist with nature, it is necessary to develop Earth observation satellites and advanced weather observation radar networks. In addition, positioning systems using satellites have become an indispensable part of the infrastructure for daily life.
Satellites are expected to operate for 5 to 15 years in the harsh environment of space, where they are exposed to extremely severe temperature changes and radiation. In addition, once the rocket engines are ignited, no repairs or modifications can be made, so the electronic components and other components used must be extremely reliable.
We contribute to building resilient disaster prevention and mitigation systems by supplying highly reliable components that meet various requirements for use in satellites and various microwave-related products used in weather observation radars, as well as providing maintenance services.