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ESPEC earns grade of B for third year in a row in CDP Climate Change Report 2022

Dec. 26, 2022

ESPEC CORP. (Head office: Kita-ku Osaka City, Representative Director and President: Satoshi Arata) was graded as B, third from the top out of eight grades, in the CDP Climate Change Report 2022 published by CDP, an international non- profit organization. The ranking was based on a setting targets, initiatives, and disclosure for climate change. We have received a grade of B for three consecutive years since FY2020, when we first voluntarily responded.

We have set long-term environmental targets of reducing greenhouse gas emissions by FY2030.
As part of our Progressive Plan 2025, a medium-term management plan launched this fiscal year, we have formulated the 8th Mid-Term Plan on the Environment (FY2022-2025) to strengthen our global warming countermeasures and biodiversity conservation activities. In response to SCOPE1 and 2, own emissions, we are reducing the amount of CFC leakage in manufacturing, installing energy-saving equipment, and increasing the ratio of in-house power generation. For SCOPE 3, indirect emissions, we promote the development of environmentally friendly products, through means such as improving energy saving and using refrigerants with low global warming potential, and engage in activities in cooperation with our suppliers.

Under the basic policy of our Mid-Term Plan on the Environment, "Contributing through business with customers developing green technologies,"we will continue to promote efforts to address climate change and proactively disclose information.


CDP is an international non-profit organization that operates a global environmental disclosure platform. They survey climate change, conservation of water resources, forest preservation, and other environmental measures taken by cities and corporations, and rank them in a system of eight grades (A, A-, B, B-, C, C-, D, and D-). Worldwide, there are some 680 investor organizations (with 130 trillion USD in total assets under management) from whom CDP received disclosure requests. In FY2022, more than 18,700 companies, or about half of the world's market capitalization, disclosed environmental information through CDP. The climate change survey will evaluate efforts toward goal setting, business strategy and recognition of risks and opportunities with regards to climate change, and disclosure of greenhouse gas emissions.


Our Sustainability Website

Contact Details:

Sustainability Management Department ESPEC CORP.