Climate Change
Policy and Basic Approach
Based on our Corporate Policy on the Global Environment, the Kansai Paint Group addresses environmental issues through responsible care and related initiatives. We have established our basic position on climate change, water resources, and biodiversity based on this Corporate Policy.
In conducting our business activities, we strive to recognize the impact we may incur due to the climate change, dependency on environmental resources, and the risk the changing environment causes, promoting eco-friendly activities such as reducing GHG emission and negative impact to environmental resources.
1.Responding to climate change is a top priority. We will actively pursue reductions in GHG emissions and aim to achieve carbon neutrality by 2050.
2.We support the recommendations of the Task Force on Climate-Related Financial Disclosures (TCFD) and will disclose information in line with those recommendation.
3.We will pursue measures not only within our own operations but across the entire supply chain.
Kansai Paint’s Policy and Basic Approach
With regard to climate change, we support the Carbon Neutral Action Plan of the Japan Chemical Industry Association (JCIA) and are active as a member company. The Japan Chemical Industry Association participates in the Keidanren (Japan Business Federation)'s “Carbon Neutral Action Plan” and is working to reduce CO₂ emissions by 32% (compared to 2013) by 2030, based on the chemical industry's policy toward carbon neutrality by 2050.
Corporate Policies on Environmental Conservation
1.To supply products after due consideration of their potential impacts on people and the environment.
2.To take proactive measures assessing the potential effects of products on people and the environment.
3.To contribute to society while raising awareness about the environment, safety and health.
4.To disclose and provide information related to the environment, safety and health.
Structure & System
The Kansai Paint Group has established the Sustainability Promotion Committee under the Corporate Governance Committee to oversee the improvement of corporate value from a non-financial perspective and make prompt decisions. The Strategy Department, a standing organization, revises plans and collaborates with each department to implement specific measures. This ensures both innovation and feasibility, working together to enhance long-term corporate value.
Initiatives
Disclosure Based on TCFD Recommendations
The Kansai Plant Group will gradually disclose the 11 recommended disclosure items in the TCFD recommendations.
- Scope 3 estimates
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We estimated the Scope 3 emissions of Group companies by adjusting definitions, scope, and calculation methods for each category of Scope 3 with reference to the recommendations of the Science Based Targets Initiative. Category 10 GHG emissions are generated from mixing, painting, and drying processes by retailers and customers after the sale of the paint (e.g., auto painting lines). While their volumes are significant compared to Scope 1 and Scope 2, they lie beyond our direct control. As such, we consider them as emissions for which calculations and reductions are optional. Category 4 emissions (raw materials distribution) are also optional, while emissions in categories 8 (upstream leased assets), 11 (use of sold products), 13 (downstream leased assets), and 14 (franchises) are negligible and not subject to control. After adding in-house logistics between business sites, we identified 10 other items subject to control.
- Green Energy Plan
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Under the Green Energy Plan, switching to renewables was given priority in India, where the percentage of energy from renewables reached 11.2%. While Group companies are also switching to renewables, they are not making progress on reducing energy consumption. We will reduce GHG emissions Groupwide by studying optimal measures for switching and reduction in each region.
