Environmental Management System
Mission
Although we use fossil raw materials and fuels in our product manufacturing processes and emit greenhouse gases (GHG), we have many products and services that contribute to energy conservation, resource recycling and biodiversity. To this end, we regard addressing the environment as a crucial management issue in terms of both opportunity and risk, and under the supervision of the Board of Directors, we will make medium- to long-term efforts to enhance our corporate value.
Resonac Group’s Environmental Policy
In June 2024, we established a new Environmental Policy as the Resonac Group, which outlines the key environmental issues that warrant addressing and action guidelines for solving these issues.
The Resonac Group (Resonac Holdings Corporation and its consolidated subsidiaries) aims to contribute to the sustainable development of global society based on its purpose "Change society through the power of chemistry.”
The Resonac Group is committed to addressing environmental issues in all countries and regions where we do business by establishing "important environmental issues to be addressed by the Resonac Group" and "action guidelines for solving such issues," with the aim of realizing a sustainable society.
Clarifying these ideas and stances, and as a promise to all of our stakeholders, we have formulated our environmental policy (hereinafter referred to as the "Policy").
Scope of Application of the Environmental Policy
The Policy shall apply to the Resonac Group. We also expect all business partners, including suppliers of the Resonac Group, to understand and support the details of the Policy, and will continue to encourage them to respect the Policy.
Important Environmental Issues to be Addressed by the Resonac Group
The Resonac Group, with the aim of realizing a carbon-neutral society, will strive to reduce greenhouse gas emissions across the value chain by implementing measures for the following: “Thorough rationalization, higher efficiency, energy conservation, and fuel conversion;" "product manufacturing using in-house hydroelectric power generation and renewable energy;" "development and manufacturing of energy-efficient and environment-friendly products,” and "development of innovative CO2 separation and capture technology and use of captured CO2 as a raw material for chemical products.”
In order to continue to use the earth's limited resources and energy for a long time, the Resonac Group believes that it is necessary to use resources in a cyclical manner and improve productivity per resource. For this reason, we are committed to "developing and implementing sustainable plastic chemical recycling technology,” "recycling waste and using resources efficiently," "manufacturing with consideration for the entire product life cycle from product design and development to disposal," and "co-creation with various stakeholders in the value chain.”
The Resonac Group will contribute to the realization of a sustainable society by working on the “appropriate assessment of the impact of our business on the environment" and "environmental impact reduction and global environmental preservation activities based on the results of such assessment.”
Recognizing the importance of biodiversity preservation to the natural resilience of ecosystems, the Resonac Group is committed to "assessing and reducing the impact of our business activities on ecosystems," "restoring biodiversity under the threat of being lost," and "making sustainable use of resource capital such as forests, soil, water, air, and biological resources,” thereby, it will contribute to the realization of Nature Positive.
Action Guidelines for Solving Issues
Under the oversight and supervision of the Board of Directors, the Resonac Group will improve its efforts and environmental performance in accordance with the Policy. The person in charge of each business division and head office functional department will promote environmental measures, and important matters will be discussed and decided by the Board of Directors. We will also reflect the Policy in relevant policy procedures and operations to ensure that it is appropriately integrated into our business activities.
As a manufacturing company, the Resonac Group will not only comply with legal requirements, but will also identify social trends and address environmental issues in an autonomous manner. In addition, we will conduct due diligence to identify environmental risks and take appropriate actions based on the results of such due diligence.
Co-creation, Dialogue and Information Disclosure with Stakeholders
In order to solve environmental issues, the Resonac Group is committed to co-creation with various stakeholders and the realization of a better society through the power of chemistry. In addition, we will attach importance to dialogue with our various stakeholders, including customers, investors, government agencies, and suppliers, and regularly disclose information in accordance with international disclosure standards such as the Recommendations of the Task Force on Climate-related Financial Disclosures (TCFD recommendations).
Raising Environmental Awareness
By providing appropriate education and training within the company, the Resonac Group will raise the environmental awareness of all officers and employees (including temporary and contract employees, hereinafter referred to as "Officers and Employees") so that each and every one of the Officers and Employees will be committed to solving environmental issues and realizing a better society through the power of chemistry.
Review of the Environmental Policy
The Policy will be periodically reviewed in response to social trends and the business environment through dialogue with stakeholders, followed by discussion and resolution of the resulting revision by the Board of Directors. Amendments other than those pertaining to the Policy’s basic items may be made by the Chief Sustainability Officer (CSuO) based on a proposal of the department in charge of sustainability.
Overview of Resonac’s environmental initiatives
The four pillars of our environmental initiatives are “Measures to Combat Climate Change,” “Efforts for Preservation of Biodiversity,” “Towards Circular Economy” and “Response to Environmental Risks.” As each of these initiatives relate, “Efforts for Preservation of Biodiversity” and “Towards Circular Economy” must be addressed simultaneously in order to implement “Measures to Combat Climate Change,” which is an urgent matter. We will view the entire environment as a social issue more than ever, and as such, we will take on the challenge of changing society through the power of chemistry. We will strengthen our efforts to manage risks and seize opportunities through “Response to Environmental Risks” spanning across all of our environmental initiatives.
Promotion system
The CEO supervises the risks and business opportunities, targets, and specific initiatives associated with the environment including climate change, while the CSuO takes responsibility for promoting actions. These issues are deliberated at the Sustainability Promotion Council and the Management Committee. The progress of each initiative is regularly monitored, and remedial measures are discussed when needed.
The Board of Directors receives periodic reports of what the Sustainability Promotion Council and the Management Committee discussed, and on which points they made decisions and deliberates and supervises them from the perspective of maximizing corporate value.
At each site, the head of the site and the environment & safety manager lead environmental preservation activities based on their environment and safety action plans.
Implementation of environmental management systems
At our company, we obtain certification for the “Environmental Management System” at each site, appropriately reducing and managing environmental risks within the business premises, while continuously improving the management system to reduce the potential for environmental pollution incidents and the associated business risks. This system undergoes periodic maintenance and renewal audits by external certification bodies to ensure it remains up-to-date. In addition, in its operation, the entire business site works together to implement the PDCA cycle, aiming to further energize activities.
- * The Resonac Group obtains certification for the environmental management system of each site.
List of External Certifications Related to Environment, Safety, and Quality Assurance
Issues and targets
Issues to be addressed
Short to medium term (2024-2026)
- Improved data preparation and accuracy through consolidation and portfolio changes
- Calculation of Scope 3 emissions/exploration of reduction measures on a global scale
- eexamination of climate change response target levels (verification of target levels based on scientific evidence)
Short to long term (2024-2030)
- Development of technologies for carbon neutrality and increase in reduction measures
- Development of technologies for carbon neutrality and increase in reduction measures
- Shift to businesses and corporate value that contribute to a circular economy
- Consistent response to and disclosure of environmental risks
Non-financial KPI targets and results
We position sustainability as the foundation of the entire corporate strategy and define three key sustainability materialities. In the environmental area, we have established non-financial KPI and measures linked to "Gain credibility through responsible business management" and aim to achieve our long-term vision by focusing efforts on these.
| Key Performance Indicators (KPIs) | 2025 Targets | 2024 Results |
|---|---|---|
| Reduction of greenhouse gas emissions |
GHG emissions (All group companies): 30% reduction (Scope 1 + Scope 2) from fiscal 2013 (2030 target) |
Scope 1 + Scope 2: 2023 results (All group companies): 8.3% reduction from the level of 2013 |
| Reduction of industrial waste sent to landfills | Reduction of waste sent to landfills compared to 2024 (All group companies) | 2023: 10,845 tons → 2024: 8,655 tons (All group companies) |
| Number of serious environmental accidents | Serious environmental accidents (All group companies): 0 | Serious environmental accidents (All group companies): 0 |
The goals and measures for fiscal 2025 are as follows.
| KGI(Result of KPI) | Measure①(KSF*1) | Measure②(SKSF*2) | |
|---|---|---|---|
| 2030 Targets | 2025 Goals | ||
| Zero Environmental Accidents | Zero Environmental Accidents | Environmental Accident Prevention and Mitigation Measures | - Risk management of leaks outside the premises during non-regular times (construction, power outages, heavy rain, abnormalities, etc.) - Preparation for confirming the impact outside the business premises assuming occurrences of leaks, etc. - Establishment and training of notification and communication procedures to the environmental safety and security management department and external stakeholders in case of abnormalities - Awareness and understanding of the Environmental Management Checklist |
| Reduction of environmental risks | - Implementation of measures to reduce environmental accident risks based on environmental risk assessments - Awareness and understanding of the "Risk Assessment Procedure (Process Edition)" (domestic initial deployment) |
||
| Violations of environmental-related laws and regulations Zero |
Violations of environmental-related laws and regulations Zero |
Acquisition of knowledge on laws, regulations, and other rules | Implementation of education Fulfillment of qualified personnel |
| Identification and compliance with obligations | Identification and compliance with laws, policies, and standards to be observed | ||
| GHG emissions (Scope 1 & 2) 30% reduction compared to fiscal year 2013 Sufficient response to laws and customer requirements regarding GHG reduction |
Energy consumption intensity: 1% reduction compared to 2024 | Promotion of energy usage rationalization and transition to non-fossil energy | Setting activity plans and managing progress |
| Promotion of GHG reduction measures by Business Unit | |||
| Contributing to the realization of a sustainable circular society by reducing natural resource consumption | Waste generation intensity: 1% reduction compared to 2024 | Accurate grasp of waste generation and promotion of recycling | Setting activity plans and managing progress |
| Freshwater intake intensity: 1% reduction compared to 2024 | Grasping water intake volume and water risks, and promoting efficient use | Setting activity plans and managing progress | |
| Preventing environmental pollution and increase of environmental load due to discharge of hazardous substances, etc. | Air emission rate of chemical substances (specified 30 substances): 1% reduction compared to 2024 | Grasping handling and emission volume of chemical substances and reducing air emissions | Setting activity plans and managing progress |
- *1 KSF=Key Success Factor
- *2 SKSF=Sub Key Success Factor
Environmental education
We plan and conduct various environmental-related training for its domestic Business Units. We conduct communication-focused training centered on group discussions, progressing while confirming the level of understanding.
Headquarters Sponsored 2024: Environmental-Related Training Sessions
| Date Held | Training Session Name | Participants | Number of Attendees |
|---|---|---|---|
| March and September 2024 | ISO 14001 Internal Auditor Training (Online Format) | Applicants from Business Units | 58 participants |
| December 2024 | Environmental Legislation Training Session (Online Format) | Applicants from Business Units | 90 participants |
Communication about environmental management
We inform people living around our sites of the details of our environmental management through on-site tours, opinion exchange meetings and the sites’ CSR reports and regularly conduct dialogue meetings with them. We also invite them to share their opinions and comments via the Resonac Group’s hotline.