Environmental Policy

KEYENCE will continue to fulfill its social responsibilities including efforts to protect the environment through its business activities and products.

Basic Principle

We recognize that efforts to protect the global environment, including the prevention of global warming, are of the utmost importance for the entire world.

Environmental Policy

Based on the fact that we develop, manufacture, and sell automatic control equipment, measuring equipment, related electronic/optoelectronics equipment, etc.and these systems, we are working on reducing the environmental burden based on the following policy.

• 1.
  We will comply with environmental laws, regulations, and other requirements, and work on environmental conservation by establishing voluntary management standards.
• 2.
  In order to reduce our environmental burden, we will establish and maintain an environmental management system to continuously improve and promote the prevention of environmental pollution.
• 3.

  Among the environmental impacts related to our activities, products, and services, we will address the following items as priority items.

  • i)
    Establish and maintain a chemical substance management system that includes the absence of harmful chemical substances from our products.
  • ii)
    Establish and promote a management system for electricity consumption for suppressing/reducing CO2 emissions.
  • iii)
    In order to make effective use of resources, we will reduce waste emission, promote energy conservation activities, and promote recycling.
  • iv)
    Promote the design and development of products that take into consideration customers' environmental load reduction activities.
  • v)
    Promote activities that take into account the conservation of biodiversity.

Initiatives for Combatting Climate Change

Through careful consideration of the risks and opportunities climate change poses to operations, and in line with the final TCFD report, KEYENCE will continue sharing relevant information based on four topics: Governance, Strategy, Risk management, and Indicators and targets.

Governance

We recognize that climate change is one of the most pressing challenges to ensuring the sustainability of KEYENCE—one of the company's core management principles. Climate change initiatives are often promoted at Management Committee meetings and meetings where division managers are in attendance. The Board of Directors is responsible for overseeing the details of those initiatives.

Strategy

At KEYENCE, our business goal is to use products to solve the various challenges facing the manufacturing field. Going forward, the nature of manufacturing will continue to change dramatically. To address these changes and the accelerated evolution of the industry, we define our social contribution through continuous creation of new value the likes of which have never been offered before. Through our business activities and products, KEYENCE is dedicated to the fulfillment of our social responsibilities, particularly environmental conservation. In addition to reducing the environmental impact of KEYENCE products—including through reducing product size and promoting energy savings—we will continue to promote measures to prevent climate change and to preserve the global environment by helping our customers to reduce their environmental impact through our products.

Risks

• 1.
  Depending on the severity of the natural disaster (including tsunamis, floods, torrential rains, and lightning strikes), the suspension of production, shipments, and other business activities may be necessary.
• 2.
  Higher average temperatures can result in increased material and energy costs.

Opportunities

• 1.
  Climate change gives KEYENCE the opportunity to promote customer energy and resource conservation efforts (contributing to customer energy conservation activities through KEYENCE products).
• 2.
  Climate change awareness highlights the importance of renewing KEYENCE product specifications such as reducing product size and increasing energy savings.
• 3.
  Environmentally friendly products expand the company's consulting sales opportunities.

Risk Management

• 1.
  At KEYENCE, we regularly gather information on climate change regulations and risk factors that may affect business.
• 2.
  In addition to comprehensively evaluating and determining relevant risks and potential impacts on business at Management Committee meetings and meetings where division managers are in attendance, we consider available countermeasures. The results of reviews and the policies determined for addressing problems are then reported to the Board of Directors.

Indicators and Targets

• 1.
  KEYENCE is dedicated to the planning and development of products that contribute to reducing our environmental impact.
• 2.
  We strive to help customers reduce their own environmental impact through our products.
• 3.
  We intend to reduce greenhouse gas emissions from business activities (Scope 1 + 2) by 43% in FY 2030 compared to FY 2016 levels.