Management
Sustainability Management
Astemo believes that by providing next-generation mobility solutions to solve global social and environmental challenges, it will create social, environmental, and economic value while contributing to realizing a sustainable society and environment.
Astemo's carbon neutrality target
- CO₂ emissions from company production activities (Scope 1*1, 2*2)
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FY2030: Achieve carbon neutrality (including partial carbon offsetting)
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CO₂ emissions throughout the value chain
(Scope1, 2, 3*3） -
FY2030: 50 percent reduction (compared to FY2010)
FY2050: Achieve carbon neutrality
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*1
Scope 1 (Scope 1 emissions): Indicator that shows direct emissions from the company itself.
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*2
Scope 2 (Scope 2 emissions): Indicator that shows indirect emissions from energy sources such as electricity, heat, and steam that has been purchased/used by the company.
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*3
Scope 3 (Scope 3 emissions): Indicator that shows indirect emissions from the supply chain, excluding Scope 1 and Scope 2 emissions.
Engagement and Participating in Initiatives
Astemo endeavors to solve social issues in various countries and regions together with a diverse range of stakeholders, including customers, suppliers, central and local governments, as well as academic and research organizations. Moreover, we are promoting initiatives that emphasize direct dialogue between employees and management with the aim of enhancing the value of our human capital.
This table can be scrolled horizontally.| Stakeholder | challenges | Main contact point | Communication method (results in FY2023) |
|---|---|---|---|
| Customers | Create better products and services, handle complaints, and disclose appropriate product and service information. | QA/Sales | Customer Satisfaction(CS) activities Sales activities Website |
| Suppliers | Smooth information sharing to create fair business relationships and better partnerships. | Procurement | Procurement activities |
| Employees | Promote appropriate compensation and occupational health and safety, and improve employee engagement. | Internal Communications/Human Capital | Dedicated employee website (Astemo Times) / Intranet / company newsletter Training Town hall meetings between management and employees Employee surveys |
| Central/local governments & industry bodies | Compliance with domestic as well as international laws and regulations; strengthening of industrial infrastructure; attracting companies; contributing to a decarbonized, recycling-oriented society | PR/Human Capital | Liaison with international agencies, national government bodies, and localgovernments Participate in industry-government-academia initiatives |
| Academic/research organizations | Promote technological innovation and participate in projects that collaborate between industry, government, and academia. | R&D | Open innovation (joint research) |
| Local community | Fulfill responsibilities as a corporate citizen and participate in the local community. | Business Divisions /Human Capital | Contribute to local community through business Participate in volunteer activities |
Major Initiatives and Organizations Involved
Obtained SBTi (Science Based Targets initiative*1) certification
Astemo's greenhouse gas (GHG) reduction targets for 2030 have been set in accordance with the GHG Protocol, an international standard for calculating and reporting GHG emissions, which aims to increase the scientific basis and transparency of the targets.
As a result, we have obtained certification from the SBTi, an international climate change initiative for our short-term target of reducing emissions by at least five years and up to ten years from the base year.
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*1
SBTi:International organization jointly established by WWF*2, CDP*3 , WRI*4, and UNGC*5
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*2
WWF: World Wide Fund for Nature
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*3
CDP: Carbon Disclosure Project
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*4
WRI: World Resources Institute
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*5
UNGC: United Nations Global Compact
Collaboration with stakeholders
Efforts to achieve carbon neutrality and a circular economy cannot be completed by individual companies alone; collaboration with governments, local municipalities and cooperation among companies are essential.
To this end, Astemo has joined the GX League and Circular Partners, an industry-government-academia initiative established by the Ministry of Economy, Trade and Industry, to further strengthen and accelerate our efforts. Through collaborating with various stakeholders, we will contribute to the realization of a sustainable society.
GX League
A forum where companies tackling green transformation (GX) collaborate with like-minded enterprises as well as governments and institutions. With a view to becoming carbon neutral by 2050 and realizing social transformation, GX League’s aim is for sustainable growth for both the present and future societies.
Website (GX League)
Citcular Partners
Based on the "Growth-Oriented Resource Autonomous Economy Strategy" developed by the Ministry of Economy, Trade and Industry in March 2023, the partnership was established to promote collaboration among industry, government, and academia.
Website (Citcular Partners)
Approach to international standardization
Astemo is working to solve social issues from a global perspective through creating new social norms, together with a diverse range of stakeholders that include governments and municipalities throughout the world, academic and research institutions, companies, and users.
Astemo's international standardization activities implement our policy of "global initiatives that contribute to realizing a sustainable society, being based on explicitly stated standards, formed on the basis of fair discussions involving members representing specialized fields, with international consensus, and an accurate grasp of social issues facing the world."
Accordingly, we consider international standardization activities to be of importance, along with research and development as well as intellectual property-related activities. To contribute to resolving social issues on a global scale, Astemo actively engages in activities with international standardization organizations, including ISO*1 activities, and in particular, cybersecurity, functional safety, software updates, and automated driving, which are handled by ISO/TC22 (automotive-related) and TC204 (ITS-related) as well as Japanese standardization study groups, such as the Society of Automotive Engineers of Japan (JSAE) and JASPAR.*2
Regarding the promotion of international standardization, we are working to adopt Astemo's leading/proprietary technologies and to capture the market through the formation of rules.
We are also actively working to develop standardization human capital who can promote and plan for standardization not only in engineering, but also in operational strategy, business planning, and marketing.
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*1
ISO: International Organization for Standardization. An international organization composed of member countries and regions.
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*2
JASPAR: Japan Automotive Software Platform and Architecture. Engineers from car manufacturers, electrical components, semiconductor/electronic components, and software/tools, trading companies, career organizations, universities, and research institutes participate in the project.