Sustainability/Environmental Reportベラ ジョン カジノ 評判sclosure in Line with TCFD Recommendations

  1. Basic Approach
  2. Governance
  3. Strategy
  4. Risk Management
  5. Metrics ベラ ジョン カジノ 評判argets

Basic Approach

The Daicel Group endorsed the TCFD* recommendations in November 2021. In accordance with the recommendations, the Group disclosed information on each item related to climate change for governance, strategy, risk management, and metrics ベラ ジョン カジノ 評判argets, and conducted a scenario analysis in major business areas in FY2024/3.

*Task Force on Climate-related Financial Disclosures

SustainabilityParticipation in Initiativeベラジョン ログインnd

Governance

The response to climate changベラ ジョン カジノ 評判s discussed at the management level. At the Sustainable Management Committee held three times in FY2024/3, there were mainly discussions on the response to climate change, the certification system for the contribution to the development of a circular society, initiatives to reduce GHG emissions, and the calculation of our Carbon Footprint of Products (CFP), with the details reported to the Board of Directors.

vera&johnup Sustainability

Strategy

In order to examine strategies and organizational resiliencベラ ジョン カジノ 評判n light of climate-related risks and opportunities, the Daicel Group conducted a scenario analysis using the following procedure with reference to climate change scenarios from thベラ ジョン カジノ 評判nternational Energy Agency (IEA) and thベラ ジョン カジノ 評判ntergovernmental Panel on Climate Change (IPCC), and considered thベラ ジョン カジノ 評判mpact as of 2030.

● Implementation procedures for scenario analyses

Scenario analyses follow the procedures listed below.

Implementation procedures for scenario analyses

● Scenario analysis conditions and overview

  1. ①Scenario analysis scope

    The following businesses were evaluated as the Group's main business areas.

    • Engineering Plastics Business (Polyplastics)
    • Acetyl Business centered on cellulose acetate (Smart and Material SBUs)
    • Safety Business (Safety SBU)
  2. ②Time frame

    We examined transition risks, physical risks, ベラ ジョン カジノ 評判ransition opportunities in 2030.

  3. ③Assumed scenarios

    Based on information from thベラ ジョン カジノ 評判PCC, IEA, and other sources, we examined the risks and opportunities of two scenarios: onベラ ジョン カジノ 評判n which decarbonization progresses (1.5°C/2°C scenario) and the other in which decarbonization does not progress (4°C scenario).
    As the temperaturベラ ジョン カジノ 評判ncrease at 2030 in both the 4°C scenario and the 1.5°C/2°C scenario is around 1.5°C and not significantly different from one another, the physical risk in 2030 is assumed to be similar in both the 1.5°C scenario (in part, below 2°C scenario) and the 4°C scenario. Therefore, no distinction is made for each of the two scenarios in terms of physical risk, and the same situation is predicted for 2030.

Scenario overview

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1.5℃/2℃ 4℃
Societal changes
  • In order to limit thベラ ジョン カジノ 評判ncreasベラ ジョン カジノ 評判n average temperature to less than 1.5/2°C by the end of this century, bold legislation and technological innovation will be promoted.
  • Efforts are being made to realize a decarbonized society around the world, and environmental performance (low environmental impact) is a value provided to customers on a par with QCD.
  • In the chemical industry, companies and businesses that cannot adapt to a decarbonized society will be weeded out, and procurement risks for raw materials and fuels will increase as consolidation progresses.
  • Public scrutiny of non-compliance with environmental policies will increase (a condition for stopping transactions from customers).
  • Increasing proportion of renewable energy will destabilize the power supply.
  • Therベラ ジョン カジノ 評判s a gap between regions where bold legislation is prompt, mainly in Europe, and where the emphasis is on economic growth and regions where thベラ ジョン カジノ 評判ntroduction of strict regulations is slow, especially in emerging countries. This gap results in a lack of progress in GHG reduction.
  • Customers evaluating environmental performance (low environmental impact) are limited.
  • In the fossil fuel and chemical industries, therベラ ジョン カジノ 評判s no activベラ ジョン カジノ 評判nvestment, and procurement risks for raw materials and fuels increases as consolidation of companies and businesses in such industries progresses due to the aging facilities.
  • Public scrutiny of non-compliance with environmental policies will increase (a condition for stopping transaction from some customers).
  • Increasing proportion of renewable energy will destabilize the power supply in some regions.
Technological innovation
  • Technologies related to CCU* and resource recycling (circular economy) have been actively developed and put into practical usベラ ジョン カジノ 評判n 2030.
  • Investment in energy-saving and CO2-saving technologies is becoming more active, ベラ ジョン カジノ 評判he acquisition of these technologies is directly linked to cost competitiveness.
  • Rising energy prices will increasベラ ジョン カジノ 評判nvestment in energy-saving technologies, and the availability of technology acquisition is directly linked to cost competitiveness.
Climate change
  • The scale of disasters such as typhoons and floods will increase.
  • Extreme weather, such as high temperatures, is progressing.
  • The scale of disasters such as typhoons and floods will increase.
  • Extreme weather, such as high temperatures, is progressing.

※Carbon dioxide Capture and Utilization

● Scenario Analysis Results -Risks and Opportunities-

The following table shows the risks and opportunities related to climate changベラ ジョン カジノ 評判n the analyzed businesses, their degree of impact, and proposed countermeasures.

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Risks/Opportunities Category Details Overall Engineering Plastics (Polyplastics) Acetyl Chain Safety Response
4℃ 1.5/2℃ 4℃ 1.5/2℃ 4℃ 1.5/2℃ 4℃ 1.5/2℃
Transition Risks Policies
and
Regulations		 Increased operating costs due to thベラ ジョン カジノ 評判ntroduction and strengthening of carbon pricing (taxes) ● ● ● ● ● ● ● ● ● ● ● ● ● ● ● ● ● Promote activities to achieve the GHG reduction target (50% reduction in total compared to FY2019/3)
By introducing and strengthening carbon pricing (taxes), thベラ ジョン カジノ 評判ncreased costs to upstream business partners are passed on, resulting in higher procurement costs ● ● ● ● ● ● ● ● ● ● ● ● ● ● ● ● Reduce thベラ ジョン カジノ 評判mpact by promoting the reduction of GHG emission intensity in cooperation with suppliers
Switch to low-GHG raw materials
Strengthening of GHG emissions regulations based on carbon emission targets and policies of each country, including EU Carbon Border Adjustment Measure ● ● ● ● ● ● - ● Promote activities to achieve the GHG reduction target (50% reduction in total compared to FY2019/3)
Switch to energy-saving, low-GHG raw materials, and change suppliers
Market Price fluctuations of petrochemical-derived raw materials to realize a low-carbon society ● ● ● ● ● ● ● ● ● ● Optimizベラ ジョン カジノ 評判nventory management
Promote multiple purchases, simplification of raw materials through formulations, and standardization of quality through improvement of manufacturing technology
Technology Increasベラ ジョン カジノ 評判n equipment investment costs for energy saving and productivity improvement ● ● ● ● ● ● - Resolve risks by accelerating the development of technology and know-how for formulation design ベラ ジョン カジノ 評判echnical services
Reputation Identification of and response to risks and opportunities related to climate change, and increasing demand for disclosure of environmental management information ● ● - - Reinforce systems and structures related to environmental measures
Continue disclosing information related to the environment in accordance with the changing needs of society
Physical Risks Chronic Acute Intensification of disasters due to abnormal weather conditions (heavy rain, floods, ベラ ジョン カジノ 評判yphoons), resulting in suspension of operations and damage to raw materials and products
Supply chain disruptions		 ● ● ● ● Strengthen BCP
Chronic Worsening working conditions and the spread of infectious diseases due to the risベラ ジョン カジノ 評判n average temperature - - - - Continue making work environment improvements
Transition Opportunities Market Expansion of new markets for environment-friendly products
Biodegradable plastics, EVs, renewable energy, recycling, and water resource conservation		 ● ● ● ● ● ● ● ● ● ● Develop recycling business (re-compounding business)
Develop low-GHG products (utilization of CCU technology, and development of bio-based products)
Functionalize cellulose acetate, develop new fine cellulose, and commercialize BIC*1 projects
Develop market for EV current interrupters
Resource
Efficiency		 Reduction of operating costs through energy saving and productivity improvements ● ● ● ● ● ● ● ● ● ● Adopt DAICEL Production Innovation ベラ ジョン カジノ 評判he Autonomous Production System
Other Reduction Activities*2 ● ● ● ● ● ● ● ● ● ● ● ● ● ● ● ● ●

(Impact)● ● ●: Over 10 billion yen, ● ●: Several billion yen, ●: Less than 1 billion yen, -: Almost no impact

  1. *1Biomass Innovation Center: The research division of our company aiming to convert biomass resources into raw materials.
  2. *2Other reduction activities: Investment for a 50% reduction in GHG emissions, reducing thベラ ジョン カジノ 評判mpact of carbon pricing due to GHG emission reductions, transitioning to low-GHG raw materials, overall reduction activities in the supply chain, etc.

Scenario Analysis Results［PDF：402KB］

Risk Management

The Daicel Group regards climate change as a major risk in sustainable management, and we conduct risk assessment, formulate responses, and confirm implementation status as part of the Group's risk management system. The Sustainable Management Committee conducts detailed examinations for key issues.

Metrics ベラ ジョン カジノ 評判argets

The Group has listed “Repond to climate change,” “Provide environment-friendly materials and technology,” and “Contribute to the development of a circular society” as three of its 15 key sustainability issues (materiality), and has set KPIs for each. For “Respond to climate change” we will further develop energy-saving measures to achieve GHG emission reduction targets and carbon neutrality by 2050. In addition, we are promoting thベラ ジョン カジノ 評判ntroduction of an in-house certification system, the “Certification System for the Contribution to Build a Circular Society," and we will build a structure to visualize the level of contributions.

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Materiality Metric Target Note
Respond to climate change GHG emission reduction rate of our Group*1 Scope 1 and 2
FY2031/3: 50% reduction (compared to FY2019/3)
FY2024/3 result: 2.3%
  • *1Achieve carbon neutrality by 2050 (Scope 1, 2, and 3)
Provide environment-friendly materials ベラ ジョン カジノ 評判echnology Rate of recyclable raw materials*2 used in products FY2031/3: 30% or more
FY2024/3 result: 15.8%
  • *2Biomass raw materials, use of atmospheric CO2, reuse of waste, and recycling
    The targets are the main resin materials for Daicel, Polyplastics and Daicel Miraizu
Contribute to the development of a circular society Number of external proposals for resource recycling systems using natural materials FY2026/3: 3 cases
FY2024/3 result: 1 case

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The Group's Sustainable Management Policy includes the development of circular processes that coexist with the global environment. We will continue to discuss products and services that contribute to a low carbon economy, and consider setting better metrics ベラ ジョン カジノ 評判argets.