We estimated the amount of CO2 emissions during the processes of managing raw materials, production, distribution, and use of architectural and automotive paints, which are the main products of our business. We found that for architectural paints, 96% of CO2 emissions are from raw materials (Scope 3, Category 1), and for automotive paints, 82% is from use of paint (Scope 3, Category 11), while 17% is from raw materials (Scope 3, Category 1).
For this reason, along with reduction of emissions in the paint production process (Scopes 1 and 2), we consider development and deployment of products that can reduce GHG emissions generated when using paint, recycling with reduced GHG emissions, identification and consideration of switching to green raw materials, to be important issues. As such, we have worked with ourcustomers to develop and deploy products that reduce emissions and environmental impact.
We will continue to work with our customers and suppliers to improve the original environmental value of our paints by promoting the reduction of GHG emissions and VOCs in addition to their “protection” function.
Once we accurately grasp and visualize the environmental impact of our business activities, we will undertake environmental initiatives by continuing to conduct appropriate evaluations and management.For this reason, we collect energy and environmental load data throughout the paint production and supply processes, and use this information in activities for reduction.
Until now, information disclosure was limited to the business activities at our Head Office. In the future, we will aggregate data for each business and each plant within the Group, and expand the activities to the entire group.
Paint has three roles: color, protection, and additional functions. Among them, “protection” enhances durability of painted objects, and they are repainted regularly for protecting their value over the long term.
This repainting entails costs and CO2 emissions. We believe we can increase the environmental value of our products by maximizing the durability of coating film and developing products with excellent longterm durability that can reduce the number of repaintings needed.