Environment

Natural Capital and Biodiversity Conservation

Basic Approach

To realize our corporate philosophy of “Contributing to the preservation of the Earth and the prosperity of the human race,” we are promoting initiatives to achieve our Medium-Term Business Plan under our materiality, the Five Gears that drive Zeon.
In realizing this corporate philosophy, we recognize that contributing to the achievement of carbon neutrality and the coexistence of nature and humankind (conservation of biodiversity) is an indispensable and inherent mission for our company, and we have reflected these two perspectives in the illustration of our materiality.

Structure and System

To continuously promote initiatives based on TCFD, we have established and are operating an internal TCFD Subcommittee. Going forward, we will address not only climate change but also natural capital and biodiversity conservation, utilizing the frameworks of TCFD and TNFD. Through the operation of the above subcommittee, we will deepen our examination of these themes and connect them to the implementation of impact assessments and concrete measures.

Key Initiatives

The Tokuyama Plant conducts activities to maintain forests with water sources, with participation from a wide range of stakeholders including companies that use the water, to deepen understanding of forests’ role in water source cultivation and global warming prevention as well as to promote independent activities to improve and appropriately manage forests.
As part of our activities to conserve and restore blue carbon ecosystems, we also participate in conservation activities held at the Oshima tidal flats in Shunan City. Furthermore, through the Japan Blue Economy Association, we purchase and utilize J Blue Credit® created in the Oshima tidal flats–originating Shunan City blue carbon project in the Port of Tokuyama Kudamatsu. This helps offset our CO2 emissions, while also contributing to conserving the natural environment in the surrounding area, promoting marine industry, and promoting community vitalization.

Responding to TNFD recommendations

Starting in FY2025, we launched an initiative to analyze our dependencies, impacts, risks, and opportunities related to natural capital using the TNFD LEAP approach, focusing on our worksites considered to have significant dependencies and impacts on natural capital. Based on this, we will proceed with assessing our impacts on the natural environment and examining measures.