In November 2022, the Nishitetsu Group formulated its long-term vision “NNR Group CYD Vision 2035: Growing in harmony with you” with the target year of FY2035, and clearly stated the roadmap “Toward Carbon Neutrality (2050).”
In addition, reduction targets in the 16th Medium-term Management Plan (FY2023-FY2025) have been set in line with the roadmap.
CO2 reduction targets:
FY2025: 38% reduction from the FY2013 level (16th Medium-term Management Plan)
FY2035: 50% reduction from the FY2013 level (Long-term Vision)
We are aiming to achieve the national target of a 46% reduction in CO2 emissions in fiscal 2030 compared to fiscal 2013, with the entire Group aiming to become carbon neutral (by 2050).
●CO2 emissions
We have been continuously reducing emissions. In FY2019, the impact of the demolition of the Fukuoka Building as part of the progress of the Fukuoka Building Block Development Project has resulted in a large reduction, and in FY2020, the impact of the COVID-19 pandemic has resulted in a large reduction due to reduced timetables in the transportation industry, reduced operating hours and closures at commercial facilities, and lower hotel room occupancy rates. The increase in FY2021 was due to recovery from the COVID-19 pandemic and a higher emission factor for electric utilities compared to FY2020.
In FY2022, the transportation sector (buses, railroads, etc.) accounted for about 64% of the total, and the leisure & services and distribution sectors combined accounted for about 90%. We will strive to reduce emissions by promoting energy conservation and fuel conversion. This is a 36.1% reduction compared to the base year of FY2013.
●Energy consumption
It remained flat from FY2014 to FY2018. We believe this is the result of energy-saving measures implemented through capital investment, such as introducing energy-efficient vehicles, replacing air conditioners, and changing lighting to LEDs, in response to increased business expansion due to the absorption of Nishitetsu Store in the distribution business (Uncle Fujiya: FY2017) and opening a new hotel in the leisure & services business (Solaria Nishitetsu Hotel Kyoto Premier: FY2017), which resulted in increased usage. In FY2019 and FY2020, the impact is similar to that described for CO2 emissions, with a significant reduction. In FY2021, the consumption increases slightly due to the recovery from the COVID-19 pandemic, which has led to an increase in the hotel occupancy rate.
In FY2022, Scope 1 energy use derived from fossil fuels such as diesel oil and mains gas accounted for about 40%, and Scope 2 energy use derived from electricity, heat supply, etc. accounted for about 60%. Scope 1 is mainly used by the bus business, which uses diesel oil, and Scope 2 is mainly used by the railroad business, which uses electricity as its main energy source, as well as by the leisure & services and distribution businesses. We will strive to reduce consumption by promoting energy conservation and the use of renewable energy. This is a 36.7% reduction compared to the base year of FY2013.
In the 16th Medium-term Management Plan, which sets fiscal 2025 as the target year, the Nishitetsu Group has formulated and is implementing an environmental impact reduction plan that includes specific targets for each division and company based on the following priority items for the Group.
1. Initiatives to achieve a decarbonized society
■Group target 1) CO2 emissions: 25% reduction from FY2013
*The CO2 emission conversion factor for electric power is the value [0.37 kg-CO2/kWh] published by the Federation of Electric Power Companies of Japan and others in July 2015 in the “Low-Carbon Society Action Plan in the Electricity Industry” as a control value.
2. Initiatives to realize a recycling-oriented society
■Group target 2) Copier paper consumption: 25% reduction from FY2014
■Group target 3) Water consumption: 15% reduction from FY2014
3. Environmental risk management initiatives (compliance with environmental laws and regulations)
4. Promotion of unique measures in each division and company
5. Enhancement of information dissemination
| Reduction of CO2 emissions (absolute volume) *1 | 12% decrease from FY2009 in the final year of the Medium-term Management Plan (end of FY2022) |
| Reduction of CO2 emissions (intensity) *1 | 21% decrease from FY2009 by the final year of the Medium-term Management Plan (end of FY2022) *2 |
| Reduction of copy paper | 5% decrease from FY2014 by the final year of the Medium-term Management Plan (end of FY2022) |
| Water reduction | Below FY2014 results by the final year of the Medium-term Management Plan (end of FY2022) |
*1 The CO2 emissions (absolute volume, intensity) targets are based on the assumption that the CO2 emission conversion factor for electricity will remain unchanged from the base year (FY2009).
*2 CO2 emissions per operating revenue (thousand yen)
The Group's performance against the Group-wide target is as follows.
To promote continuous efforts to reduce our environmental impact, the Group has established an environmental impact reduction plan and checks progress on it every six months.
The Nishitetsu Group monitors and analyzes changes over time in the amount of resources and energy used in its business activities and the resulting greenhouse gas and waste emissions, and links this to more effective activities. *1
