Environment (E)

1.  We shall establish an environmental management system to continuously improve the environmental impact of our business activities, products, and services, and to prevent pollution.
2. We shall establish environmental objectives and targets in our environmental management system, and implement them continuously and systematically with periodic reviews.
3. We shall strive to save energy, conserve resources, and reduce waste in our business activities, products, and services.
4. Our business activities, products, and services shall comply with environment-related laws, regulations, and ordinances.
5. We shall make this environmental policy known to all employees and all people working for our company in order to implement and maintain it.
6. We shall disclose this environmental policy both internally and externally.

Compliance with Environmental Laws and Regulations In FY2023, there were no serious violations of environmental laws and regulations. We will continue to comply with laws and regulations through the operation of the ISO14001 environmental management system and other measures. We also ask our suppliers to understand that the preservation of the global environment is an important issue common to all humanity going forward, and we ask for their active efforts to promote the manufacture of products with minimal environmental impact.

• Procurement of parts and raw materials with less environmental impact by controlling hazardous chemical substances contained in products or used in manufacturing processes (“Icom Green Procurement Standards” posted on our website)
• Compliance with local laws and regulations regarding wastewater, sludge, exhaust, etc. Promotion of effective use of resources and energy
• Promote effective use of resources and energy
• Reduction of greenhouse gas emissions and waste
• Establishment of an environmental protection system in accordance with ISO14001

Various issues, including climate change, environmental problems such as energy and resource depletion, and social problems such as an aging society and information disparity, are now pressing issues common to the world regardless of country or region. We believe that these issues are important for the sustainable management of our company, which exports products to more than 100 countries and territories, and has a large ratio of overseas sales, as well as for our brand statement, “How the World Communicates - Connecting the World Through Communication". We believe that this is an important issue (materiality) for sustainable management.

We endorsed the TCFD (Task Force on Climate-related Financial Disclosure) recommendations (May 2023) and joined the TCFD Consortium in Japan (June 2023).
Based on the TCFD recommendations, we will upgrade our risk management system by capturing the risks and opportunities posed by social issues, and we will also identify new business opportunities and utilize them in our corporate strategy.

Response to climate change: Achieve carbon neutrality by 2050

• Scope 1+2 targets: Reduce emissions by 43% from 2021 levels by 2030 (total, global)
• Scope 3 target: Calculate CO2 emissions in Scope 3 and reduce CO2 emissions from business activities (global)

Emissions reduction through collaboration with suppliers (upstream and downstream) against Scope 3 Category 1/4/11* (global)

(*Category 1: emissions from raw materials, parts, and purchased goods; Category 4: emissions from transportation of raw materials and products; Category 11: emissions from assumed electricity consumption of sold products)

As activities to achieve the target, we are monitoring electricity consumption at our business sites, upgrading to high-efficiency production and air conditioning equipment, and installing LED lighting and other facilities, and we are also focusing on environmental education for our employees. We also participate in the Japan Electronics and Information Technology Industries Association (JEITA), where we collaborate and gather information on reducing total CO2 emissions and improving energy intensity.

Our Sustainability Promotion Group is taking the lead in collecting relevant information and deepening discussions on goal setting, including TCFD (Task Force on Climate-related Financial Disclosure) and SBT (Science Based Targets). We plan to continue our efforts, starting with measures that can be initiated through appropriate target setting, management, and information disclosure.

Risks and opportunities are analyzed based on multiple climate change scenarios, including the 1.5°C scenario. We plan to examine the physical risks from severe natural disasters and transition risks arising from various regulations introduced to mitigate damage, as well as the expansion of product deployment that contributes to decarbonization and cost reductions associated with energy and resource conservation.

The Company considers environmental issues, including climate change, to be one of its most important challenges, and the Sustainability Promotion Group plays a central role in identifying, assessing, and managing risks and opportunities related to climate change in cooperation with the Risk Management Unit of the General Affairs Department. The group convenes at least once a year as an organization directly under the Executive Committee and serves as a secretariat for the Executive Committee to deliberate, review, and supervise climate change-related issues, and in addition to identifying, evaluating, and managing risks and opportunities, discusses and organizes various climate change-related matters, including the assessment of actual GHG emissions in each fiscal year, management of progress in reducing emissions, and details of disclosure to the public. The group also discusses and organizes various matters related to climate change, including the identification, assessment, and management of risks and opportunities. After discussion and organization by the group, various matters related to climate change are reported to the Executive Committee for final approval by the Board of Directors. (Agenda items related to climate change are handled at least once a year through annual data reporting, changes in requirements, study sessions on environmental response, etc.) The group is responsible for progress management of decisions, measures, etc., up to their subsequent implementation and dissemination within the company.

We began calculating annual GHG emissions from our business activities in FY2021. Of our total emissions of 60,640t-CO2, approximately 68% is accounted for by Scope 3, and more than 70% of Scope 3 falls under “Category 11: Product Use” (See table below).
Based on these achievements and characteristics, we aim to achieve a 43% reduction in Scope 1 and 2 emissions by 2030 (compared to FY2021) and virtually zero total emissions from Scope 1 to 3 by 2050 as specific GHG reduction targets. In order to steadily bring this goal closer to reality, we will promote the reduction of our own emissions (Scope 1 and 2) through thorough energy-saving activities and utilization of renewable energy, and for Scope 3, we will focus on dialogue with our supply chain, aiming to achieve net zero emissions while maintaining the strengths and attractiveness of our products. We will also focus on dialogue with the supply chain with regard to Scope 3.

【CO2 Emission Reduction Targets and Roadmap】

 Calculated at: Head Office, Tokyo Sales Office, Tokyo Office, Osaka Sales Office, Icom America / Icom Europe / Icom Spain / Icom Australia

Bases subject to calculation: Head Office, Tokyo Sales Office, Tokyo Office, Osaka Sales Office, Icom America, Icom Europe, Icom Spain, Icom Australia

We are committed to pollution prevention and proper management of hazardous chemical substances, and have set the following goals:

Our group recognizes that “global environmental conservation” and “human health” are important issues in our business activities. As part of these activities, we have established green procurement standards to contribute to the effective use of resources and give priority to parts and materials with low environmental impact.

Related Links

• Green Procurement