{"id":2786,"date":"2025-10-29T18:00:44","date_gmt":"2025-10-29T09:00:44","guid":{"rendered":"https:\/\/www.hodogaya.co.jp\/english\/?page_id=2786"},"modified":"2026-10-29T14:57:50","modified_gmt":"2026-10-29T05:57:50","slug":"tcfd","status":"publish","type":"page","link":"https:\/\/www.hodogaya.co.jp\/english\/csr\/eco\/tcfd\/","title":{"rendered":"Disclosure of Information Related to Climate Change Based on TCFD"},"content":{"rendered":"
\n
\n
\n<\/div>\n
\n
Basic Concept<\/h5>\n
\n\n<\/div>\n

Under the Mid-term Management Plan CODE\/CHORD 2030, which began in FY2026, the Hodogaya Chemical Group aims to provide value by balancing the pursuit of economic value with solutions to social issues. As a chemical company, Hodogaya Chemical takes climate change seriously and, based on the TCFD recommendations, for which it declared its support in November 2022, will continue to advance its initiatives and proactively disclose information.<\/p>\n<\/div>\n

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Governance and risk management<\/h5>\n
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The Sustainability Development Committee is responsible for promoting initiatives toward the realization of a sustainable planet and society in accordance with the Management Philosophy. Under the Committee, we have established the Global Environment Subcommittee, which promotes activities related to the preservation of the global environment, and the TCFD Subcommittee, which addresses the TCFD recommendations, in addition to the RC\/QM Subcommittee, which promotes Responsible Care activities. The Risk Management Committee, which discusses Companywide risk recognition and evaluation as well as risk mitigation measures, also discusses, as environmental risks, the climate-related risks and opportunities identified by the TCFD Subcommittee. The matters discussed by each committee and subcommittee are submitted to the Board of Directors and Management Committee for deliberation or reporting, with management working together to address them.<\/p>\n<\/div>\n

\n\n<\/div>\n<\/div>\n
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Strategy\/Risk Analysis<\/h5>\n
\n

As we advance the business strategies under the Mid-term Management Plan CODE\/CHORD 2030, production volumes are expected to increase. We have classified the risks projected from a long-term perspective, looking ahead to 2030, into TCFD risk categories, are proceeding with climate scenario analysis, and from the results of our analysis, we are promoting new initiatives and opportunities for transition risks and physical risks.<\/p>\n<\/div>\n

\n
\u25cfScenario<\/div>\n
\n\n\n\n\n
1.5\u00b0C scenario<\/td>\n\n
    \n
  • Policies, laws and regulations on climate change : Carbon taxes have been introduced globally, and strict regulations to deal with climate change will be enforced worldwide<\/li>\n
  • Climate change : As a result of the above, climate change will be curbed, and the occurrence of natural disasters will not increase significantly from the present<\/li>\n
  • The procurement of raw materials will be greatly affected by the significant increase in energy costs<\/li>\n<\/ul>\n<\/td>\n<\/tr>\n
4\u00b0C scenario<\/td>\n\n
    \n
  • Policies, laws and regulations on climate change : Developed countries in the West are expected to become stricter, but in developing countries, policies andlaws and regulations will not be strengthened (= GHG emission reductions will not be sufficient)<\/li>\n
  • Climate change : As a result of the situation mentioned, the impact on climate change will continue (= natural disasters occurring more frequently)<\/li>\n
  • There will be a limit on the rise in energy costs and will not have a large impact<\/li>\n<\/ul>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n<\/div>\n
    \n
    \u25cfScenario analysis<\/div>\n
    \n\n\n\n\n\n\n\n\n\n\n\n\n\n
    Risks and Opportunities<\/th>\nRisk<\/th>\nOpportunities<\/th>\nMeasures<\/th>\nImpact on business<\/th>\n<\/tr>\n<\/thead>\n
    Transitional risk 1.5\u00b0C scenario<\/td>\n<\/tr>\n
    Policy\/
    Regulation<\/td>\n    		\n
      \n
    • Strengthening energyrelated laws and regulations<\/li>\n
    • CO2<\/span> reduction<\/li>\n<\/ul>\n<\/td>\n
    		\u3007<\/td>\n <\/td>\n\n
      \n
    • Promoting energy saving<\/li>\n
    • Use of renewable energy<\/li>\n
    • Review of manufacturing process<\/li>\n<\/ul>\n<\/td>\n
    		Increase in energy costs and raw material procurement costs due to the introduction of a carbon tax, etc.<\/td>\n<\/tr>\n
    Strengthening environment management<\/td>\n\u3007<\/td>\n <\/td>\nStrengthen the internal structure by leveraging the knowledge gained thus far<\/td>\nIncreased cost burden for maintenance and improvement of management system<\/td>\n<\/tr>\n
    Technology<\/td>\nCreation of new technologies for environmental friendliness<\/td>\n\u3007<\/td>\n\u3007<\/td>\n\n
      \n
    • Strengthen R&D to meet demands<\/li>\n
    • Strengthen production technology capabilities by reviewing manufacturing processes, etc.<\/li>\n<\/ul>\n<\/td>\n
    		\n[Risk]
    Increase in R&D and manufacturing costs<\/p>\n

    [Opportunity]
    Maintain and expand market share by providing products and services that meet demand\n<\/td>\n<\/tr>\n

    Market<\/td>\nEco-friendly market formation<\/td>\n\u3007<\/td>\n\u3007<\/td>\nRevise and strengthen business strategies by deepening market and customer needs, and improve R&D and manufacturing technology capabilities corresponding to them<\/td>\n[Risk]
    Increase in R&D and manufacturing costs<\/p>\n

    [Opportunity]
    Maintain and expand market share by providing products and services that meet demand<\/td>\n<\/tr>\n

    Reputation<\/td>\nStakeholders making environment as important matters<\/td>\n\u3007<\/td>\n\u3007<\/td>\nEnhancing dialogue with local communities, officers and personnel, and shareholders and securing a system<\/td>\n\u30fc<\/td>\n<\/tr>\n
    Physical risk 4\u00b0C scenario<\/td>\n<\/tr>\n
    Chronic<\/td>\nRise in average temperature<\/td>\n\u3007<\/td>\n\u3007<\/td>\nLabor saving and automation of manufacturing equipment<\/td>\n[Risks and Opportunities]
    Response to market changes, especially in the agrochemicals business<\/td>\n<\/tr>\n
    Acute<\/td>\nIncrease in earthquakes, typhoons, and floods<\/td>\n\u3007<\/td>\n <\/td>\nPromote multiple purchases, strengthen BCP<\/td>\nShutting down of factories and inability to procure raw materials<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n<\/div>\n
    \n
    \u25cfMajor business opportunities in transition<\/div>\n
    \n\n\n\n\n\n\n\n\n
    Segment<\/th>\nOpportunity<\/th>\n<\/tr>\n<\/thead>\n
    Functional Colorants Segment
    <\/td>\n    		\n
      \n
    • Aluminum coloring dyes
      Expand sales by developing eco-friendly products<\/li>\n
    • Bio business
      Expansion from materials for PCR diagnostic kits to medical use<\/li>\n<\/ul>\n<\/td>\n<\/tr>\n
    Specialty Polymers Segment
    <\/td>\n    		\n
      \n
    • PTG (urethane materials)
      Promoting green chemistry through biotechnology<\/li>\n<\/ul>\n<\/td>\n<\/tr>\n
    Basic Chemicals Segment
    <\/td>\n    		\n
      \n
    • Hydrogen
      Expanding business opportunities due to the advent of the hydrogen society<\/li>\n<\/ul>\n<\/td>\n<\/tr>\n
    Agro-Science Segment
    <\/td>\n    		\n
      \n
    • Hydrogen peroxide and derivatives
      Expanding applications to the field of agricultural materials<\/li>\n<\/ul>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n<\/div>\n<\/div>\n
      \n
      Target and indicators<\/h5>\n

      The Hodogaya Chemical Group has set the following non-financial target (climate change-related) in its Mid-term Management Plan CODE\/CHORD 2030: a 38% reduction in energy-related CO2<\/span> emissions from the FY2013 level (non-consolidated). This target is reviewed by the Global Environment Subcommittee, discussed by the Sustainability Development Committee, and progress is confirmed by the Board of Directors and Management Committee.<\/p>\n

      \n
      \u25cfNon-financial targets<\/div>\n

      \u201c38% reduction in energy-related CO2<\/span> emissions from the FY2013 level (non-consolidated)\u201d<\/p>\n<\/div>\n<\/div>\n

      \n
      Responding to Climate Change<\/h5>\n
      \n

      Most of the greenhouse gases (GHG) emitted by Hodogaya Chemical are carbon dioxide. Energyrelated GHG emissions for FY2025 were 19,400 t-CO2<\/span>*1<\/sup>. In anticipation of increased production volumes as our business expands, we will work to reduce energy-related CO2<\/span> emissions with a view toward FY2030 and FY2040. We have also implemented Internal Carbon Pricing (ICP), which assigns a price to carbon emissions, since FY2022. By establishing a framework that supports investment as part of our climate change measures toward a low-carbon society, we aim to reduce emissions by 38% in FY2030 compared with the FY2013 baseline.<\/p>\n

      *1 Non-energy-originated CO2<\/span> emissions are not included<\/p>\n<\/div>\n

      \n
      \n
      \u25cfCO2<\/span> emissions trend*1<\/sup><\/div>\n

      <\/p>\n

      *1 Non-energy-originated CO2<\/span> emissions are not included.
      FY2025 non-energy-related GHG emissions were 16,300 t-CO2<\/span>.<\/p>\n

      *2 Reduction targets for FY2030 and FY2040 are based on governmentannounced reduction targets by industry.<\/p>\n<\/div>\n

      \n
      \u25cfCO2<\/span> emissions<\/div>\n

      \n<\/div>\n<\/div>\n<\/div>\n

      \n
      Roadmap for reducing CO2<\/span> emissions<\/h5>\n

      <\/p>\n

      *1 Scope 1: Direct emissions<\/p>\n

      *2 Scope 2: Indirect emissions<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

      Basic Concept Under the Mid-term Management Plan CODE\/CHORD 2030, which began in FY2026, the Hodogaya Chemical […]<\/p>\n","protected":false},"author":1,"featured_media":0,"parent":1209,"menu_order":10,"comment_status":"closed","ping_status":"closed","template":"page.php","meta":[],"acf":[],"_links":{"self":[{"href":"https:\/\/www.hodogaya.co.jp\/english\/wp-json\/wp\/v2\/pages\/2786"}],"collection":[{"href":"https:\/\/www.hodogaya.co.jp\/english\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/www.hodogaya.co.jp\/english\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/www.hodogaya.co.jp\/english\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.hodogaya.co.jp\/english\/wp-json\/wp\/v2\/comments?post=2786"}],"version-history":[{"count":16,"href":"https:\/\/www.hodogaya.co.jp\/english\/wp-json\/wp\/v2\/pages\/2786\/revisions"}],"predecessor-version":[{"id":4905,"href":"https:\/\/www.hodogaya.co.jp\/english\/wp-json\/wp\/v2\/pages\/2786\/revisions\/4905"}],"up":[{"embeddable":true,"href":"https:\/\/www.hodogaya.co.jp\/english\/wp-json\/wp\/v2\/pages\/1209"}],"wp:attachment":[{"href":"https:\/\/www.hodogaya.co.jp\/english\/wp-json\/wp\/v2\/media?parent=2786"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}