Sumitomo Bakelite Co., Ltd.

Security Code: 4203A311

Industrial Classification: MANUFACTURE OF CHEMICAL AND ALLIED PRODUCTA314

Sales: 284,939million yenA317 (FYA3162022)A315

Category: Group XA318

Organizational boundary type : Control Criteria: Financial Control CriteriaA605

Number of legal entities included in the organizational boundary (excluding representative participating companies)

11A320

Target(vs FY2013)A321

Phase1 Total Emission Targets: 130,526A327t-CO_2e
FY2025: 44,636A332t-CO_2e
(62% Emission Reduction)A333
( scope1 -21%A329, scope2 -99%A331 )
FY2030: 36,137A338t-CO_2e(69% Emission Reduction)A339( scope1 -37%A335, scope2 -99%A337 )
FY2050: Carbon Neutrality

Companies participating in the fiscal year 2023 will be subject to reporting for the three fiscal years from 2023 to 2025, and newly participating companies in the fiscal year 2024 will be subject to reporting for the two fiscal years from 2024 to 2025.

Actual Emissions

FY2023: Emission Amount t-CO_2e
( scope1 t-CO_2e, scope2 t-CO_2e )
FY2024: Emission Amount t-CO_2e
( scope1 t-CO_2e, scope2 t-CO_2e )
FY2025: Emission Amount t-CO_2e
( scope1 t-CO_2e, scope2 t-CO_2e )

Comparison of Emissions Reduction Targets and Actual Emissions

Companies participating in the fiscal year 2023 will be subject to reporting for the three fiscal years from 2023 to 2025,
and newly participating companies in the fiscal year 2024 will be subject to reporting for the two fiscal years from 2024 to 2025.

Please explain how you set your goals.

The actual result for FY2022 was 64.9%, achieving the target. This is because all of the electricity purchased at all domestic business sites has been switched to electricity derived from RE.A342

Emissions Intensity Target

FY2030
―A340
t-CO_2e/
―A341

Reduction at a pace exceeding NDC levels & Commitment to additional reductions

1
A344For the most recent emissions, the rate of reduction from the base year is above the NDCs (FY2023), and the company is committed to additional reductions above the NDCs toward FY2025 and FY2030.)
2
A345Not Applicable

Details of Emission Results

※ You can see all by scrolling horizontally.

		Unit (t-CO_2e)
		2023	2024	2025	2023-2025 (Total)
Scope1 Actual	After deduction of for eligible carbon credit and GX credit
	before deduction for eligible credit and GX credit
	Amount of eligible carbon credit procured
	GX credit procured
Scope2 Actual	After deduction of eligible carbon credit, certificates, etc.
	before deduction for credits and certificates
	Amount of eligible carbon credits procured
	Certificates procured
Scope1+Scope2	After deduction of eligible carbon credit, GX credit and certificates

Scope1 Actual from power generation division
Scope2 Actual from power generation division

Progress towards achieving Phase 1 target

Scope1
Scope2

State of progress

1
The reductions are progressing sufficiently towards achieving the goal.
2
There is a delay in reductions towards achieving the goal.

Companies participating in the fiscal year 2023 will be subject to reporting for the three fiscal years from 2023 to 2025,
and newly participating companies in the fiscal year 2024 will be subject to reporting for the two fiscal years from 2024 to 2025.

Applicable
Not applicable

Transition Strategy Text

・ Integrated Report 2022A380/ Page No. : page 52A381
https://www.sumibe.co.jp/english/csr/report/files/IR2022.pdfA382

Implementation status of recommended measures for transition strategy

1
A383Targeting core business activities
2
A384Describing the scenario roadmap referenced
3
A385Considering impacts on the environment and society other than climate change

・ Integrated Report 2022A387/ Page No. : page 52-63A388
https://www.sumibe.co.jp/english/csr/report/files/IR2022.pdfA389

Scenario roadmap referenced during formulation

1
A390Sectoral Technology Roadmap for Transition Finance Promotion
2
A391A scientifically based plan for the realization of the Paris Agreement as defined
3
A392GHG reduction targets set by the government（NDC）
4
A393Others

Status of Governance Initiatives

1
A396Linked to management plan
2
A397Establishing a department in charge
3
A398Establishing an executive officer in charge
4
A399Developing and disclosing investment plans necessary to implement the strategy

・ Integrated Report 2022A401/ Page No. : page44,45A402
https://www.sumibe.co.jp/english/csr/report/files/IR2022.pdfA403

Implementation or planning of dialogue on climate change initiatives with consumers, educational institutions, and NGOs, etc.

A481Dialogue with local communities and residents

The Shizuoka Plant is engaged in biodiversity conservation activities centered on biotopes, and provides on-site classes at nearby elementary schools and off-campus learning using biotopes.A482

Integrated report 2022A483/ Page No. : 83A484
https://www.sumibe.co.jp/english/csr/report/files/IR2022.pdfA485

A486Dialogue with NGO and NPO

Our Company contributes to conservation of biodiversity by protecting forest environments through our support for activities including forest thinning projects and afforestation activities of the environmental NPO Office Chonaikai (Office Neighborhood Association).A487

Integrated report 2022A488/ Page No. : 84A489
https://www.sumibe.co.jp/english/csr/report/files/IR2022.pdfA490

A496Regular participation in forums, etc. held by other companies

Our company regularly participates in subcommittees and lectures of the main organizations of which our company is a member (Keidanren (Japan Business Federation), Japan Thermosetting Plastics Industry Association, Japan Chemical Industry Association, CLOMA, etc.).A497

Integrated report 2022A498/ Page No. : 120A499
https://www.sumibe.co.jp/english/csr/report/files/IR2022.pdfA500

A506Participation in international initiatives

Continuous response to CDP Climate Change and Water Security. February 2021 Statement of support for TCFD and disclosure of information based on TCFD recommendations including scenario analysis.A507

Integrated report 2022A508/ Page No. : 52-53A509
https://www.sumibe.co.jp/english/csr/report/files/IR2022.pdfA510

Implementation or planning of initiatives to expand the green market by creating innovations, contributing to reductions through products and services, and bringing carbon offset products to market through credits, etc.

A517Launch of decarbonized products and services to market

Our company's "contribution to next-generation automobiles from resin products" is presented on the NEXT MOBILITY website. (Written in Japanese)A518

Press release, 2021/7/29A519
https://www.sumibe.co.jp/topics/2021/scm/0729_01/index.htmlA521

A522Investments in the development of decarbonization technologies

Our group is engaged in R & D activities with the SDGs as one of its management policies, including in response to climate change (FY 2022 R & D expenditure: \11,582,000,000). (Written in Japanese)A523

Securities report(132nd term)A524/ Page No. : 37A525
https://www.sumibe.co.jp/ir/library/report/files/132.pdfA526

A527Production and supply of low and decarbonized energy

We are actively promoting the introduction of solar power generation at our plants in Japan and overseas.A528

Integrated report 2022A529/ Page No. : 59, 60A530
https://www.sumibe.co.jp/english/csr/report/files/IR2022.pdfA531

A532Collaboration and partnership with others to develop and deploy decarbonization-related products and services

"Program to Develop and Promote the Commercialization of Energy Conservation Technologies to Realize a Decarbonized Society" promoted by "NEDO" includes the "Application of Resin to Electric Axles" promoted by our company's "Next e-Axle business development promotion project team". (In Japanese)A533

Future map of the automobile industry drawn by "Next e-Axle business development promotion project"A534
https://www.sumibe.co.jp/newsletter/cartalk/2021/12/index.htmlA536

A537Emission reductions through product recycling and other resource recycling

Development of PAC Using Recycled Carbon Fibers (Written in Japanese)A538

Press release, 2023/4/20A539
https://www.sumibe.co.jp/topics/2023/hpp/0412_02/index.htmlA541

Implementation or planning of own procurement and purchase of green products for greening the consumer market.

A568Procurement from ISO 14001 certified companies

We recommend the acquisition of ISO14001 certification as an environmental management system in the manufacturer selection criteria of the Green Procurement Guidelines.A569

Green Procurement GuidelineA570
https://www.sumibe.co.jp/english/purchase/policy/files/material001.pdfA572

A573Preferential procurement of products with low emissions during production

At the same time as procuring products based on corporate social responsibility, we also ask our suppliers to (4) protect the global environment and reduce environmental impact.A574

Procurement PolicyA575
https://www.sumibe.co.jp/english/company/purchasing/index.htmlA577

A598Others (free answer)

1)Development of Environmentally Friendly Phenolic Resin Molding Materials Utilizing Biomass Raw Materials 2)Development of Pharmaceutical Packaging Films Using Biomass Raw Materials 3)Development of Food Packaging Films Using Biomass Raw Materials (Written in Japanese)A599

Press release: 1)2023/4/19 2)2022/6/7 3)2022/3/4A600
https://www.sumibe.co.jp/topics/2023/hpp/0412_03/index.html https://www.sumibe.co.jp/topics/2022/film-sheets/0601_01/index.html https://www.sumibe.co.jp/topics/2022/film-sheets/0302_01/index.htmlA602

Criteria for Establishing Organizational Boundaries

1
A347Equity share-based criteria (GHG Protocol compliant)
2
A347Financial control criteria (GHG Protocol compliant).
3
A347Operational control criteria (GHG Protocol compliant).
4
A347Financial accounting standards
5
A347Non-Consolidated
6
Others

Sumitomo Bakelite Co., Ltd.

Number of legal entities included in the organizational boundary (excluding representative participating companies)

Target(vs FY2013)A321

Actual Emissions

Comparison of Emissions Reduction Targets and Actual Emissions

Please explain how you set your goals.

Emissions Intensity Target

FY2030

t-CO_2e/

Reduction at a pace exceeding NDC levels & Commitment to additional reductions

Details of Emission Results

Progress towards achieving Phase 1 target

State of progress

Transition Strategy

Implementation status of recommended measures for transition strategy

Scenario roadmap referenced during formulation

Status of Governance Initiatives

List of initiatives required from GX League companies

1. Initiatives towards reducing supply chain emissions

2. Initiatives in the market through products and services.

Criteria for Establishing Organizational Boundaries

Emission target (vs. base year)

Actual Emissions

Comparison of Emissions Reduction Targets and Actual Emissions

Number of legal entities included in the organizational boundary (excluding representative participating companies)

Target(vs FY2013)A321

Actual Emissions

Comparison of Emissions Reduction Targets and Actual Emissions

Please explain how you set your goals.

Emissions Intensity Target

FY2030

t-CO2e/

Reduction at a pace exceeding NDC levels & Commitment to additional reductions

Details of Emission Results

Progress towards achieving Phase 1 target

State of progress

Implementation status of recommended measures for transition strategy

Scenario roadmap referenced during formulation

Status of Governance Initiatives

List of initiatives required from GX League companies

Criteria for Establishing Organizational Boundaries

Emission target (vs. base year)

Actual Emissions

Comparison of Emissions Reduction Targets and Actual Emissions

t-CO_2e/