Nitto Group Report 2017

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15Nitto Group Report 2017Environmental ManagementStatus of Fiscal 2016 Environmental Target AchievementThe Nitto Group has set mid-term environmental targets of reducing the total CO2 emissions of the entire Group to 859,000 tons per year* and the total atmospheric toluene emissions of Nitto (non-consolidated) to 300 tons per year by scal 2018.Despite an increase in the amount of business activity, the rise in CO2 emissions for scal 2016 was kept to a minimum at 875,037 tons (up by 4.4% from the previous year) thanks to a series of measures taken under the lead of each sector to address environmental issues. Total atmospheric toluene emissions ended up at 590 tons (up by 0.8% from the previous year) – equivalent to the previous year’s level.*The CO2 emissions target for scal 2016 provided in the Nitto Group Report 2016 (789,000 tons per year) was incorrect, and should have been 859,000 tons per year. Mid- and Long-Term Environmental Plan (Ending in Fiscal 2025)At the Nitto Group, as a part of our constant efforts to integrate our management objectives with our environmental activities, we involve the President and other members of our management team in discussions to draw up an environmental vision by the Green Committee. In scal 2016, the Committee set a new reduction target for waste, in addition to those for CO2 emissions and atmospheric toluene emissions. The goal is to reduce waste by 21% (per unit production, compared with scal 2015 levels) by scal 2025 by reducing waste by 3% (per unit production) per annum. In scal 2017, more detailed analysis of waste generated by the entire Group will be conducted to gain a better picture of the realities so that the efciency of activities in this regard may be assessed and any ndings fed back to future initiatives.A new target of reducing CO2 emissions by 6.5% (compared with the scal 2013 levels, or by 730,000 tons per year) by scal 2025 has been added, which we plan to achieve by conserving more energy and collecting organic solvents. A new target has also been added for atmospheric toluene emissions, which aims to reduce atmospheric toluene emissions to 200 tons per year by scal 2020.In scal 2017, 4.2 billion yen will be set aside to address environmental issues so that these targets can be achieved.• Mid- and Long-Term Environmental PlanTargetMid-termLong-termCO2 emissions805,000 tons/year (Fiscal 2019)730,000 tons/year (Fiscal 2025)Atmospheric toluene emissions228 tons/year (Fiscal 2019)200 tons/year (Fiscal 2020)Waste reduction3% reduction in per unit production (vs. the previous year)21% reduction in per unit production (Fiscal 2025 levels vs. scal 2015 levels)Environmental Risks and OpportunitiesWe closely monitor environmental risks incidental to our business activities (see the illustration below) and strive to reduce them by placing them under proper management. By coming up with technologies, products, and services that provide solutions to these environmental risks, access to greater business opportunities will be achieved. To create a sustainable society, we will continue to seek such opportunities that help to reduce environmental impact and conserve the environment by making various suggestions on solutions to such issues.ESG Issue 2The Nitto Group remains committed to our environmental policy of “protecting our planet for future generations.”By valuing compliance with the letter and spirit of the law and acting with integrity and a commitment to environmental preservation both locally and globally, we believe that we will be able to contribute even further to the development of a sustainable society.Fiscal 2019Fiscal 2020Fiscal 2025CO2 emissions(Scope 1+2)TargetsProjectedemissions• CO2 Emissions Targets02004006008001,00002004006008001,000CO2 emissions (Scope 1+2) (K tons)Toluene emissions (tons)20122013201420162015(FY)758477722464853437838586875590CO2 emissionsToluene emissions• Environmental risks and opportunities incidental to the Nitto Group’s business activitiesClimate change•Global warming•Abnormal weatherWater crisisResource depletion• Energy resource depletion•Increase of wasteDecrease of biodiversity• Use of harmful chemical substances