The TOA CORPORATION Group recognizes global and regional environmental issues, such as climate change, resource circulation, and biodiversity, as a part of our management issues. Through our business activities, we will contribute to the realization of sustainable society that protects and utilizes natural capital.
We will comply with all environment-related laws and regulations applicable to the countries and regions in which we conduct business.
We will identify negative environmental impacts on our supply chain, prevent and mitigate them. We continuously improve it through a series of processes for monitoring and correcting results.
We will work to minimize greenhouse gas emissions by promoting energy conservation and the use of renewable energy sources, so that we contribute to the realization of a decarbonized society.
We take into consideration the environment issues in the regions related to our business activities, and promote sustainable use of resources such as water and natural resources under proper management.
In waste disposal, we will comply with laws and regulations, reduce and reuse waste generated in the process of our business activities, and contribute to the development of Cycler Economy.
We will examine the impact of our business activities on biodiversity and contribute to the realization of nature symbiotic society by conserving and sustainably use of biodiversity.
We will supply materials and equipment with minimal environmental impact and promote environmentally conscious construction methods. With the respect for United Nations' joint statement on the prevention of deforestation, we aim for zero deforestation and promote wood procurement that is assessed legality and sustainability.
We will contribute to the realization of sustainable society by promoting decarbonization and developments of environmental technologies that contribute to appropriate resource circulation, and biodiversity conservation.
We will disclose environmental information and promote communication with our stakeholders.
Through trainings and other activities, we will raise environmental awareness among group executives and employees as well as the entire supply chain.
Enacted May 2024
We identified risks and opportunities of the TOA Group's environmental issues as shown in the table below. We will continue to work on mitigating the risks and taking advantage of the opportunities.
■Risk and opportunity of the TOA CORPORATION Group's environmental issues
| Environmental problems | Risks | Opportunities |
|---|---|---|
| Decarbonation |
■Introduction of a carbon tax and strengthening of regulations for decarbonization ■Change in the energy mix ■Increase in the global average temperature ■Aggravation of natural disasters |
■Growing demand for environmentally conscious buildings ■Increased demand for carbon-neutral facilities ■Increased demand for renewable energy ■Growing demand for creation of Blue Carbon ■Improved reputation for climate change responses ■Market changes with climate change ■Increased construction demand due to sea level rise |
| Resource recycli |
■Increased material procurement costs due to resource depletion/constraints ■Increased costs due to stricter regulations on resource cerculation ■Increased costs for reuse and disposal of used materials ■Decline in corporate reputation due to lack of response to resource cerculation |
■Reduction of business activity costs through more efficient use of resources ■Increase opportunities to receive orders by providing technologies to promote resource cerculation ■Enhancement of corporate reputation through proactive engagement in resource circulation |
| Biodiversity |
■Increased material procurement and construction costs due to reduced or restricted ecosystem services ■ Impacts on biodiversity due to water use and sediment outflow during construction ■Degradation of ecosystems due to material procurement in the supply chain ■Degradation of corporate reputation due to lack of response to biodiversity |
■Expansion of the market through demand for blue and green infrastructure ■Improve corporate competitiveness by developing environmentally conscious construction methods ■Improve corporate reputation by providing ecosystem conservation and restoration technologies ■Increased opportunities to create new businesses that contribute to biodiversity conservation and enhancement |