Addressing Climate Change
The JVCKENWOOD Group is implementing various energy-saving initiatives set out under its Eco Promotion Plan 2020. In 2019 we participated in the Ministry of the Environment’s program designed to support companies that use internal carbon pricing and started efforts to raise in-house awareness about the social cost of carbon.
The JVCKENWOOD Group has set a mid- to long -term global carbon reduction target, aiming to reduce greenhouse gas emissions by 1% annually against FY2012 emission through FY2020.
As part of our initiatives aimed at achieving this target, we have been monitoring power consumption at business centers, upgrading production/air-conditioning equipment to high-efficiency models, introducing LED lighting, and promoting environmental education among employees. As a member of the Japan Electronics and Information Technology Industries Association (JEITA), we have joined Keidanren (the Japan Business Federation) in its Commitment to a Low Carbon Society and have been working to not only reduce total CO₂ emissions but also improve energy intensity.
In order to step up efforts, it is also necessary to consider various issues related to climate change and share information across the company. At the JVCKENWOOD Group, we are gathering relevant information, including the Task Force on Climate-related Financial Information Disclosure (TCFD) and science-based targets (SBT), and engaging in in-depth discussions on setting targets under the leadership of the Sustainability Management Office. We will continue to implement measures whenever we can to ensure the appropriate setting and management of targets as well as disclosure of information.
Organizational Structure for Addressing Climate Change
The JVCKENWOOD Group sees climate change as a major problem. We set up the Sustainability Management Office that is overseen by one of our corporate officers (a managing executive officer since April 2020), who reports to the Board of Directors, in order to swiftly implement our Sustainability Management Strategy, which addresses climate change among other things. The Sustainability Management Office is responsible for coordinating the implementation of company-wide climate change initiatives and progress management. It works with relevant departments to periodically review material issues and key performance indicators (KPIs), study and collect information about the potential effects of climate change on our operations, and enhance the disclosure of sustainability-related information. In addition, the Sustainability Management Office actively communicates with relevant departments and sections and takes the lead in efforts to make sustainability part of our business operations, all with an eye to fostering awareness and understanding of climate change issues among employees. It also regularly reports on the progress made in implementing the Sustainability Management Strategy to the Board of Directors and presents proposals for agenda items to be discussed at meetings of the Board of Directors, as necessary.
KPIs and Targets
Trend in CO₂ emissions (Scopes 1 & 2)
Total CO₂ emissions from the entire JVCKENWOOD Group (Scopes 1 and 2) have been in a general downtrend over the past six years. In FY2019, our CO₂ emissions fell to 44,742 tons, well below the target of 69,750 tons.
Mid- term target
Reduce greenhouse gas emissions by 1% from FY2012 levels annually through FY2020
CO₂ emissions (FY2012–FY2019)
Emissions per unit of sales (1000 tons per 100 million yen)
| 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | |
|---|---|---|---|---|---|---|---|---|
Emissions per unit of sales |
0.024 | 0.018 | 0.021 | 0.018 | 0.017 | 0.016 | 0.016 | 0.015 |
Coverage: All Group companies in Japan and certain overseas companies
CO₂ emissions by business center (FY2016–FY2019)
CO₂ emissions (thousand tons)
| Japan/overseas | Company Name and location | 2016 | 2017 | 2018 | 2019 |
|---|---|---|---|---|---|
| Fiscal year target | 72.0 | 71.0 | 70.5 | 69.8 | |
Japan |
Head Office & Yokohama Business Center | 3.2 | 3.3 | 3.2 | 3.1 |
| Hachioji Business Center | 2.2 | 2.0 | 2.1 | 1.8 | |
| Hakusan Business Center | 1.3 | 1.2 | 1.2 | 1.1 | |
| Kurihama Business Center | 2.9 | 3.0 | 3.1 | 3.2 | |
| Yokosuka Business Center | 0.5 | 0.5 | 0.4 | 0.4 | |
| JVCKENWOOD Yamagata | 0.7 | 0.6 | 0.6 | 0.5 | |
| JVCKENWOOD Nagano | 1.1 | 1.1 | 1.1 | 1.1 | |
| JVCKENWOOD Nagaoka | 1.0 | 1.0 | 1.0 | 1.1 | |
| JVCKENWOOD Creative Media | 7.7 | 6.5 | 6.1 | 5.7 | |
| JVCKENWOOD Victor Entertainment | 0.9 | 0.9 | 0.9 | 1.0 | |
| JVCKENWOOD Video Tech | 0.2 | 0.2 | 0.2 | 0.2 | |
| JVCKENWOOD Design | 0.1 | 0.0 | 0.0 | 0.0 | |
| Other affiliate companies | 0.6 | 0.3 | - | - | |
| Malaysia | JVCKENWOOD Electronics Malaysia Sdn. Bhd. | 3.2 | 3.0 | 2.8 | 2.8 |
Thailand |
JVCKENWOOD Electronics (Thailand) Co., Ltd. | 4.1 | 3.8 | 3.3 | 3.1 |
| JVCKENWOOD Optical Electronics (Thailand) Co., Ltd. | 3.6 | 3.7 | 3.5 | 3.1 | |
| Indonesia | PT. JVC Electronics Indonesia | 9.5 | 9.3 | 10.5 | 10.2 |
| People’s Republic of China | Shanghai Kenwood Electronics Co., Ltd. | 7.7 | 7.6 | 6.9 | 5.3 |
| Singapore | JVCKENWOOD Technologies Singapore Pte. Ltd. | 1.2 | 1.2 | 1.3 | 1.2 |
| Overall total | 51.7 | 49.2 | 48.3 | 44.7 | |
Coverage: All Group companies in Japan and certain overseas companies
CO₂ emissions (Scope 3)
The JVCKENWOOD Group’s indirect CO₂ emissions other than those covered in Scopes 1 and 2 are shown below. Going forward, we will continue to work to cut CO₂ emissions by reducing the number of parts per product and developing power-saving products.
CO₂ emissions in Scope 3 (FY2019) Calculation period: from April 2019 to March 2020
| Category | Calculation results (Thousand tons CO₂e) |
Calculation summary | |
|---|---|---|---|
| 2019 | |||
| 1 | Purchased goods and services | 366.9 [61%] |
Emissions associated with activities up to the manufacturing of materials, etc. relating to raw materials, parts, purchased products, and sales
|
| 2 | Capital goods | 20.4 [3%] |
Emissions generated by the construction and manufacturing of own capital goods
|
| 3 | Fuel- and energy-related activities not included in Scope 1 or 2 | 5.6 [1%] |
Emissions associated with procurement of fuel necessary for power generation, heat supply, etc. and power such as electricity supplied by other parties
|
| 4 | Upstream transportation and distribution | 45.4 [7%] |
Emissions associated with logistic processes up to the delivery to our company of materials, etc. relating to raw materials, parts, purchased products, and sales
|
| 5 | Waste generated in operations | 0.5 [0%] |
Emissions associated with transporting and processing waste produced by our company
|
| 6 | Business travel | 1.1 [0%] |
Emissions associated with employee business travel
|
| 7 | Employee commuting | 4.0 [1%] |
Emissions associated with employees commuting to and from their respective workplaces
|
| 8 | Upstream leased assets | - | (Not calculated) |
| 9 | Downstream transportation and distribution | - | (Not calculated) |
| 10 | Processing of sold products | - | (Not calculated) |
| 11 | Use of sold products | 160.3 [26%] |
Emissions associated with the use of products by users (consumers/business operators)
|
| 12 | End-of-life treatment of sold products | 1.7 [0%] |
Emissions associated with the transportation and processing of products for disposal by users (consumers/business operators)
|
| 13 | Downstream leased assets | - | (Not calculated) |
| 14 | Franchises | - | (Not calculated) |
| 15 | Investments | - | (Not calculated) |
| Overall total | 605.8 | ||
CO₂ total emissions (FY2019 Scope 1＋Scope 2＋Scope 3)
Collaboration with External Organizations
As a member of the Japan Climate Initiative (JCI), the JVCKENWOOD Group exchanges information and supports policy recommendations related to climate change.
JCI is a network of companies, local governments, NGOs, and other organizations that have joined forces with the rest of the world to be at the forefront of the challenge to achieve the decarbonization goals set out by the Paris Agreement. JCI lobbies for governmental strategies to reduce greenhouse gas emissions and expresses its views at international conferences on climate change. Having endorsed JCI’s declaration, “Joining the front line of the global push for decarbonization from Japan,” the JVCKENWOOD Group will step up its efforts, including reducing energy consumption in the production process. It will do this in line with JCI’s intention to play an active role in pursing more ambitious goals than the official commitment of the Japanese government and demonstrate global leadership in achieving the well below two-degree goal.
For more information, see Climate Change Initiatives page.
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