Initiatives in Business Activities
Initiatives in Business Activities
Casio’s efforts to promote resource recycling are guided by its targets to achieve zero emissions of waste and reduce water usage by the Group. As part of its efforts to achieve zero emissions, Casio strives to reduce the amount of waste generated by its business activities and to increase the waste recycling rate, as well. The company is also taking initiatives for voluntary collection and recycling of used products.
Reducing and Recycling Waste
Approach and Policy
The Casio Group has set a zero-emissions targets for waste generated by its business activities and is working hard to recycle resources. As part of its initiatives for achieving zero emissions, Casio has set targets for reducing waste generated from its business activities and for promoting the recycling of such waste.
Targets and Performance
Casio has set targets for each fiscal year and is verifying the status of achievement. For FY 2023, Casio set targets to reduce the amount of generation of waste (including valuables) by at least 3% compared to fiscal 2020 and to achieve a recycling rate of 96% or higher.
In fiscal 2023, continuing efforts to reduce emissions at each Group site allowed Casio to achieve its fiscal 2023 target for total reduction of wastes and valuable wastes.
Meanwhile, Casio has been able to closely approach its recycling rate target by implementing countermeasures primarily at sites with low recycling rates and sharing information on good practces that contribute to improvement
Evaluation ◎: All targets met, ○ : Most targets met, △ : Remaining issues outweigh results, × : No progress made
| Medium and long-term target | FY2023 Target | FY2023 Performance | Evaluation | FY2024 Target |
|---|---|---|---|---|
| Achieve zero emissions *1 of waste at businesssites by FY2031 | Reduce the amount of generation of waste(including valuable waste) by entire Casio Group by at least 3% compared to FY2020 | Reduced the amount of waste(including valuable waste) generated by Casio Group by 34.3% compared to FY2020. | ◎ | Reduce the amount of waste（including valuable waste） generated by Casio Group by at least 4％ compared to FY2020. |
| Achieve a recycling rate *2 for Casio Group sitewaste of at least 96% | Achieved 93.9% recycle rate for entire Casio Group | 〇 *3 |
Achieve a landfill disposal rate for entire Casio Group site of at least 4% or less |
*1 Casio Group’s definition of zero emissions:
Landfill disposal rate = (final landfill disposal amount ÷ amount of waste generated [including valuable waste]) × 100 is 1 or less.
*2 Recycling rate = (Amount of valuable waste generated + Amount recycled) ÷ (Amount of valuable waste generated + Amount recycled + final landfill disposal amount) ×100
*3 ○ evaluation determined based on at least 80% achievement of the target figure.
*4 Casio had been using the recycling rate as an indicator for the entire group, but in order to stay consistent with its medium-to-long-term targets and after scrutinizing indicators for the entire group,
Reducing water usage
Approach and Policy
Water resources are essential in maintaining human activities. However, in recent years, water-related risks, including increasing demand due to population growth and decreasing supply due to climate change, have become a cause for concern, and Casio business activities could face similar risks.
The Casio Group uses a limited amount of water in production activities, to wash a few of the components in production activities. Use for applications such as air conditioning and domestic-type use account for the majority of the water used by the Casio Group. The domestic-type use of water is important in terms of maintaining hygienic at its sites.
When Casio conducted an evaluation of water stress levels*1 with a focus on access to water for hygiene at production sites with relatively high water usage, one out of all the Group’s production sites was found to be under water stress. Despite the relatively low level of overall water stress, Casio has set a target of continually reducing water usage for the entire Group, and is working to reduce risk related to use of water resources.
*1 The Baseline Water Stress indicator presented in WRI Aqueduct Water Risk Atlas 3.0. Casio assessed sites where the Baseline Water Stress is High or more as under water stress.
Targets and Performance
Casio has set targets for each fiscal year and is verifying the status of achievement. For FY 2023, the company set a target of reducing water use by at least 3% compared to FY 2020.
In addition to the water used in production activities, a large proportion of the Casio Group’s total water use comes from water used daily by employees at its facilities. In fiscal 2023, as the effects of the COVID-19 pandemic have Despite this trend, Casio continued to reduce the amount of water used at each site, so there was only a slight increase in total water consumption compared to the previous year and achieved the target.
Evaluation ◎: All targets met, ○ : Most targets met, △ : Remaining issues outweigh results, × : No progress made
| FY2023 Target | FY2023 Performance | Evaluation | FY2024 Target |
|---|---|---|---|
| Reduce water usage for Casio Group by at least 3% compared to FY2020 | Reduced water usage for Casio Group by 23.9% compared to FY2020 | ◎ | Reduce water usage for Casio Group by at least 4% compared to FY2020 |