{"id":2754,"date":"2025-06-23T10:20:56","date_gmt":"2025-06-23T01:20:56","guid":{"rendered":"http:\/\/hdktest.hitwave.or.jp\/?page_id=2754"},"modified":"2026-04-22T20:47:08","modified_gmt":"2026-04-22T11:47:08","slug":"warming","status":"publish","type":"page","link":"https:\/\/www.hdk.co.jp\/en\/sustainability\/environment\/warming\/","title":{"rendered":"Climate Change Response"},"content":{"rendered":"

Climate Change Initiatives (Response to TCFD Recommendations)<\/h3>\n
\n\t<\/div>\n<\/div><\/div><\/div>
\n
\n\t

For our Group, climate change is one of the critical issues impacting business continuity. Aligned with the disclosure framework of the Task Force on Climate-related Financial Disclosures (TCFD), we analyze the risks and opportunities climate change presents to our Group's business, incorporate these into our management strategy and risk management, and appropriately disclose our progress. We aim for further growth while contributing to the realization of a sustainable society.<\/p>\n<\/div>\n<\/div><\/div><\/div><\/div>

Governance<\/h3>\n
\n\t<\/div>\n<\/div><\/div><\/div>

Governance Related to Climate-Related Risks and Opportunities<\/h3>\n
\n\t<\/div>\n<\/div><\/div><\/div>
\n
\n\t

We recognize that our core products, electronic components, are used in various fields and that manufacturing these products results in significant CO2 emissions throughout the entire supply chain.
\nBased on this understanding, we view climate change as one of the key issues for our Group to fulfill its social responsibilities and achieve sustainable development, and manage it through the Sustainability Committee. The Sustainability Committee, established by the Board of Directors as part of the corporate governance structure, is chaired by the President and CEO. It formulates sustainability policies, goals, and action plans; monitors and evaluates progress toward goals; deliberates on specific measures; and regularly reports and makes proposals to the Board of Directors, thereby driving sustainability initiatives.<\/p>\n<\/div>\n<\/div><\/div><\/div><\/div>

Risk Management<\/h3>\n
\n\t<\/div>\n<\/div><\/div><\/div>

Processes used to identify, assess, and manage climate-related risks<\/h3>\n
\n\t<\/div>\n<\/div><\/div><\/div>
\n
\n\t

Risks associated with climate change include those stemming from the transition to a decarbonized society, such as strengthened policies and regulations, technological advances, and shifts in markets and reputation. They also include those arising from the physical impacts of climate change, such as the intensification of acute extreme weather events and chronic temperature and sea level rise. Opportunities may include aspects such as improved resource efficiency, renewable energy adoption, enhanced product quality, and increased resilience.
\nTo assess the significance of climate-related risks and opportunities, our Group evaluates impacts under the categories of \"transition risks,\" \"physical risks,\" and \"opportunities.\" We assess the likelihood of occurrence and financial impact using a three-tiered scale, identifying significant risks and opportunities.For transition risks, physical risks, and opportunities, the Sustainability Project Team identified significant risks and opportunities, developed action plans and countermeasures, and submitted them for resolution by the Board of Directors.
\nFurthermore, we have proposed climate-related risks to the Risk Management Committee as one of the risks significantly impacting our Group's business strategy. The Committee reviews the management status of these risks across the entire company and reports to the Board of Directors.
\nThe Board receives regular reports on the progress of plans addressing climate change and oversees their execution.<\/p>\n<\/div>\n<\/div><\/div><\/div><\/div>

\n
\n\t\n\n\n\n\n\n\n\n\n\n
Classification<\/span><\/strong><\/td>\nImpact on the Company<\/span><\/strong><\/td>\nLikelihood of Occurrence<\/span><\/strong><\/td>\nFinancial Impact<\/span><\/strong><\/td>\n<\/tr>\n
Risk<\/strong><\/td>\nTransition<\/strong><\/td>\nIncreased procurement and manufacturing costs due to requirements such as renewable energy procurement<\/td>\nHigh<\/span><\/td>\nMedium<\/span><\/td>\n<\/tr>\n
Increased business costs associated with the introduction of carbon taxes, fuel\/energy consumption taxes, and emissions trading schemes<\/td>\nHigh<\/span><\/td>\nMedium<\/span><\/td>\n<\/tr>\n
Loss of sales opportunities due to delayed product technology development and reduced sales from obsolescence of existing products<\/td>\nMedium<\/span><\/td>\nLarge<\/span><\/td>\n<\/tr>\n
Physical<\/strong><\/td>\nPossibility of production site damage, flooding of company factories due to typhoons or other events leading to operational shutdowns, or potential suspension of parts supply due to operational failure at parts procurement suppliers<\/td>\nMedium<\/span><\/td>\nMedium<\/span><\/td>\n<\/tr>\n
Opportunity<\/strong><\/td>\nResource Efficiency<\/strong><\/td>\nCost reduction through building more efficient production and logistics processes<\/td>\nMedium<\/span><\/td>\nMedium<\/span><\/td>\n<\/tr>\n
Products\/<\/strong>
\nServices<\/strong><\/td>\n		Sales expansion of environmentally conscious and contribution-oriented products is expected<\/td>\nHigh<\/span><\/td>\nLarge<\/span><\/td>\n<\/tr>\n
Expected growth in demand for electronic components for EVs and autonomous driving<\/td>\nHigh<\/span><\/td>\nLarge<\/span><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n<\/div><\/div><\/div><\/div><\/div><\/div>

Indicators and Targets<\/h3>\n
\n\t<\/div>\n<\/div><\/div><\/div>

Indicators and Targets for Assessing and Managing Climate-Related Risks and Opportunities<\/h3>\n
\n\t<\/div>\n<\/div><\/div><\/div>
\n
\n\t
    \n
  1. 2050 Target: Aiming for net-zero greenhouse gas emissions
    \nSwitch 100% of electricity required for operations to renewable energy<\/li>\n
  2. FY2030 Target: Reduce Scope 1 and 2 emissions by 46% (compared to FY2017, domestic operations)
    \nRenewable Energy Ratio for Electricity: 30%<\/li>\n
  3. Reduce CO\u2082 emissions (Scope 1, 2) by 22.6% in 2028 compared to 2022, at an annual rate of 3.7% (including major overseas factories)<\/li>\n<\/ol>\n<\/div>\n<\/div><\/div>
    \n
    \n\t

    Actual results are as follows.
    \n\u2460FY2024 CO\u2082 emissions achieved a 66.9% reduction compared to FY2017 (domestic, including renewable energy) and an 11.6% annual reduction compared to FY2022 (including major overseas factories, excluding renewable energy).
    \n\u2461Renewable energy ratio of electricity used in fiscal year 2024: 48.3% (domestic)<\/p>\n<\/div>\n<\/div><\/div>

    External Evaluation on Climate Change<\/h3>\n
    \n\t<\/div>\n<\/div><\/div><\/div>
    \n
    \n\t

    The assessment by CDP, an international non-profit organization addressing climate change issues, is as follows:
    \nCDP Climate Change Rating: C<\/p>\n<\/div>\n<\/div><\/div><\/div>

    \"\"<\/div><\/div><\/div><\/div><\/div><\/div><\/div><\/div>

    Data<\/h3>\n
    \n\t<\/div>\n<\/div><\/div><\/div><\/div><\/div>

    Greenhouse Gas (GHG) Emissions<\/h3>\n
    \n\t<\/div>\n<\/div><\/div><\/div>
    \n
    \n\t\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n
    <\/td>\nUnit<\/strong><\/span><\/td>\nFY2020<\/strong><\/span><\/td>\nFY2021<\/strong><\/span><\/td>\nFY2022<\/strong><\/span><\/td>\nFY2023<\/strong><\/span><\/td>\nFY2024<\/strong><\/span><\/td>\nScope<\/strong><\/span><\/td>\n<\/tr>\n
    Total GHG Emissions<\/strong><\/td>\nt-CO2<\/sub><\/td>\n65,372<\/td>\n65,250<\/td>\n63,879<\/td>\n59,329<\/td>\n48,959<\/td>\nNon-consolidated<\/span><\/td>\n<\/tr>\n
    Scope1<\/strong><\/td>\nt-CO2<\/sub><\/td>\n486<\/td>\n427<\/td>\n376<\/td>\n342<\/td>\n326<\/td>\nNon-consolidated<\/span><\/td>\n<\/tr>\n
    Scope2<\/strong><\/td>\nt-CO2<\/sub><\/td>\n12,703<\/td>\n12,211<\/td>\n11,923<\/td>\n11,312<\/td>\n10,816<\/td>\nNon-consolidated<\/span><\/td>\n<\/tr>\n
    Scope3<\/strong><\/td>\nt-CO2<\/sub><\/td>\n52,183<\/td>\n52,612<\/td>\n51,580<\/td>\n47,675<\/td>\n37,817<\/td>\nNon-consolidated<\/span><\/td>\n<\/tr>\n
    <\/td>\n1. Purchased Products and Services<\/strong><\/td>\nt-CO2<\/sub><\/td>\n45,780<\/td>\n44,563<\/td>\n44,958<\/td>\n42,071<\/td>\n31,318<\/td>\nNon-consolidated<\/span><\/td>\n<\/tr>\n
    <\/td>\n2. Capital Goods<\/strong><\/td>\nt-CO2<\/sub><\/td>\n620<\/td>\n1,707<\/td>\n1,086<\/td>\n976<\/td>\n1,808<\/td>\nNon-consolidated<\/span><\/td>\n<\/tr>\n
    <\/td>\n3. Fuel and energy-related activities not included in Scope 1 and 2<\/strong><\/td>\nt-CO2<\/sub><\/td>\n1,818<\/td>\n1,880<\/td>\n1,746<\/td>\n1,550<\/td>\n1,537<\/td>\nNon-consolidated<\/span><\/td>\n<\/tr>\n
    <\/td>\n4. Transportation and Delivery (Upstream) *Domestic Only<\/strong><\/td>\nt-CO2<\/sub><\/td>\n1,865<\/td>\n2,708<\/td>\n1,764<\/td>\n1,437<\/td>\n1,395<\/td>\nNon-consolidated<\/span><\/td>\n<\/tr>\n
    <\/td>\n5. Waste generated from operations<\/strong><\/td>\nt-CO2<\/sub><\/td>\n55<\/td>\n55<\/td>\n66<\/td>\n42<\/td>\n41<\/td>\nNon-consolidated<\/span><\/td>\n<\/tr>\n
    <\/td>\n6. Business Travel<\/strong><\/td>\nt-CO2<\/sub><\/td>\n16<\/td>\n28<\/td>\n70<\/td>\n103<\/td>\n171<\/td>\nNon-consolidated<\/span><\/td>\n<\/tr>\n
    <\/td>\n7. Commuting by Employees<\/strong><\/td>\nt-CO2<\/sub><\/td>\n2,029<\/td>\n1,672<\/td>\n1,890<\/td>\n1,496<\/td>\n1,548<\/td>\nNon-consolidated<\/span><\/td>\n<\/tr>\n
    <\/td>\n8. Lease assets (upstream)<\/strong><\/td>\nNot applicable<\/td>\nIncluded in Scope 1 and 2<\/td>\nNon-consolidated<\/span><\/td>\n<\/tr>\n
    <\/td>\n9. Transportation and Delivery (Downstream)<\/strong><\/td>\nNot applicable<\/td>\nOur products are intermediate goods. The destination after processing into final products is unknown, and emissions cannot be reasonably estimated; therefore, they are excluded.<\/td>\nNon-consolidated<\/span><\/td>\n<\/tr>\n
    <\/td>\n10. Processing of sold products<\/strong><\/td>\nNot applicable<\/td>\nSince the intermediate products sold are processed into a wide variety of final products, it is difficult to track emissions and a reasonable calculation cannot be made. Therefore, this is excluded.<\/td>\nNon-consolidated<\/span><\/td>\n<\/tr>\n
    <\/td>\n11. Use of sold products<\/strong><\/td>\nNot applicable<\/td>\nSince sold intermediate products are processed into a wide variety of final products, it is difficult to determine emissions and a reasonable calculation cannot be made. Therefore, this is excluded.<\/td>\nNon-consolidated<\/span><\/td>\n<\/tr>\n
    <\/td>\n12. Disposal of Sold Products<\/strong><\/td>\nNot applicable<\/td>\nAs we manufacture intermediate products, it is difficult to track the disposal status of final products; therefore, this is excluded.<\/td>\nNon-consolidated<\/span><\/td>\n<\/tr>\n
    <\/td>\n13. Leased Assets (Downstream)<\/strong><\/td>\nNot applicable<\/td>\nNot applicable as there are no relevant business activities.<\/td>\nNon-consolidated<\/span><\/td>\n<\/tr>\n
    <\/td>\n14. Franchise<\/strong><\/td>\nNot applicable<\/td>\nNot applicable as there are no applicable business activities.<\/td>\nNon-consolidated<\/span><\/td>\n<\/tr>\n
    <\/td>\n15. Investment<\/strong><\/td>\nNot applicable<\/td>\nNot applicable as there are no relevant business activities.<\/td>\nNon-consolidated<\/span><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n<\/div><\/div><\/div>

    Chemical Substance Management<\/h3>\n
    \n\t<\/div>\n<\/div><\/div><\/div>
    \n
    \n\t\n\n\n\n
    <\/td>\nUnit<\/strong><\/span><\/td>\nFY2020<\/strong><\/span><\/td>\nFY2021<\/strong><\/span><\/td>\nFY2022<\/strong><\/span><\/td>\nFY2023<\/strong><\/span><\/td>\nFY2024<\/strong><\/span><\/td>\nScope<\/strong><\/span><\/td>\n<\/tr>\n
    Volatile Organic Compounds (VOC) Handling Volume<\/strong><\/td>\nt<\/td>\n20<\/td>\n23<\/td>\n19<\/td>\n16<\/td>\n17<\/td>\nNon-consolidated<\/span><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n<\/div><\/div><\/div>

    Energy<\/h3>\n
    \n\t<\/div>\n<\/div><\/div><\/div>
    \n
    \n\t\n\n\n\n\n\n
    <\/td>\nUnit<\/strong><\/span><\/td>\nFY2020<\/strong><\/span><\/td>\nFY2021<\/strong><\/span><\/td>\nFY2022<\/strong><\/span><\/td>\nFY2023<\/strong><\/span><\/td>\nFY2024<\/strong><\/span><\/td>\nScope<\/strong><\/span><\/td>\n<\/tr>\n
    Total Energy Consumption<\/strong><\/td>\nMWh<\/td>\n61,061<\/td>\n66,308<\/td>\n62,729<\/td>\n56,649<\/td>\n54,828<\/td>\nConsolidated<\/span><\/td>\n<\/tr>\n
    Non-renewable energy<\/strong><\/td>\nMWh<\/td>\n61,061<\/td>\n66,308<\/td>\n54,038<\/td>\n44,126<\/td>\n42,579<\/td>\n<\/tr>\n
    Renewable Energy<\/strong><\/td>\nMWh<\/td>\n0<\/td>\n0<\/td>\n8,690<\/td>\n12,524<\/td>\n12,249<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n<\/div><\/div><\/div><\/div><\/div><\/div>

    Key Initiatives: Aiming for Net-Zero Greenhouse Gas Emissions by 2050<\/h3>\n
    \n\t<\/div>\n<\/div><\/div><\/div>

    Impact of climate-related risks and opportunities on the organization's operations, strategy, and finances<\/h3>\n
    \n\t<\/div>\n<\/div><\/div><\/div>
    \n
    \n\t

    As CO2<\/sub> emissions reductions are required across the entire supply chain, failure to reduce emissions across our entire group could pose a risk.
    \nOn the other hand, in addition to reducing the Group's overall emissions, contributing through the development and sale of products that help reduce emissions could present opportunities for business expansion.
    \nOur Medium-term Management Plan sets targets to reduce greenhouse gas emissions by 46% compared to fiscal 2017 levels by fiscal 2030 through measures such as expanding environmentally superior products, and to achieve net-zero greenhouse gas emissions across the Hokuriku Electric Industry Group's operations by 2050.<\/p>\n<\/div>\n<\/div><\/div>

    Details of Scenario Analysis<\/h3>\n
    \n\t<\/div>\n<\/div><\/div><\/div>
    \n
    \n\t

    We have identified business risks that will impact our Group's performance in the future and business opportunities that can be created by addressing climate change challenges using the following scenarios.<\/p>\n<\/div>\n<\/div><\/div>

    \n
    \n\t\n\n\n\n\n\n
    IEA Net Zero Emissions Scenario (NZE)<\/td>\n1.6\u2103\/2050<\/td>\n1.5\u2103\/2100<\/td>\n<\/tr>\n
    IEA Stated Policies Scenario (STEPS)<\/td>\n1.9\u2103\/2050<\/td>\n2.4\u2103\/2100<\/td>\n<\/tr>\n
    IPCC AR6 SSP 1 -2.6<\/td>\n1.7\u2103\/2050<\/td>\n1.8\u2103\/2100<\/td>\n<\/tr>\n
    IPCC AR6 SSP 2 -4.5<\/td>\n2.0\u2103\/2050<\/td>\n2.7\u2103\/2100<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n<\/div><\/div><\/div>

    Scenario A<\/h3>\n
    \n\t

    The 1.5\u00b0C Scenario: Advancing a Decarbonized Society Through Global Collaboration<\/p>\n<\/div>\n<\/div><\/div><\/div>

    \n
    \n\t

    Technologies for reducing, absorbing, storing, and reusing greenhouse gases (such as CCS and CCUS), along with the cost reduction and performance enhancement of solar power generation and energy storage systems, clearly demonstrate that new technologies can become drivers of economic growth. This enables decarbonization through international cooperation, putting the brakes on rising temperatures.
    \nWithin our company's environment, decarbonization initiatives become mainstream. Across automobiles, Home Appliances, and Industrial Equipment, there is a general increase in lightweight, compact, environmentally conscious, and value-added products that contribute to sustainability, further boosting demand in the electronic components industry. Meanwhile, regulations on products intensify.<\/p>\n<\/div>\n<\/div><\/div>

    Scenario B<\/h3>\n
    \n\t

    The 3\u00b0C Scenario: Global\u00a0climate change countermeasures polarize and decarbonization stalls<\/p>\n<\/div>\n<\/div><\/div><\/div>

    \n
    \n\t

    While countries transition to decarbonization infrastructure like EVs, solar power, and wind power, the impact of new technologies on decarbonization is limited. This leads to further temperature rise, increasing the frequency and severity of natural disasters caused by extreme weather.
    \nRegarding the impact on our company, successive natural disasters disrupt supply chains, making stable production and supply difficult. Shortages become the norm, and inflation accelerates.<\/p>\n<\/div>\n<\/div><\/div><\/div><\/div><\/div>","protected":false},"excerpt":{"rendered":"For our Group, climate change is one of the critical issues impacting business continuity. Aligned with the disclosure framework of the Task Force on Climate-related Financial Disclosures (TCFD), we analyze the risks and opportunities climate change presents to our Group’s business, incorporate these into our management strategy and risk management, and appropriately disclose our progress. […]","protected":false},"author":2,"featured_media":0,"parent":824,"menu_order":23,"comment_status":"closed","ping_status":"closed","template":"","meta":{"_acf_changed":false,"footnotes":""},"class_list":["post-2754","page","type-page","status-publish","hentry"],"aioseo_notices":[],"acf":[],"_links":{"self":[{"href":"https:\/\/www.hdk.co.jp\/en\/wp-json\/wp\/v2\/pages\/2754","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.hdk.co.jp\/en\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/www.hdk.co.jp\/en\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/www.hdk.co.jp\/en\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.hdk.co.jp\/en\/wp-json\/wp\/v2\/comments?post=2754"}],"version-history":[{"count":37,"href":"https:\/\/www.hdk.co.jp\/en\/wp-json\/wp\/v2\/pages\/2754\/revisions"}],"predecessor-version":[{"id":4219,"href":"https:\/\/www.hdk.co.jp\/en\/wp-json\/wp\/v2\/pages\/2754\/revisions\/4219"}],"up":[{"embeddable":true,"href":"https:\/\/www.hdk.co.jp\/en\/wp-json\/wp\/v2\/pages\/824"}],"wp:attachment":[{"href":"https:\/\/www.hdk.co.jp\/en\/wp-json\/wp\/v2\/media?parent=2754"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}