Climate Change Response

Climate change—a vital issue requiring an urgent global response—affects the PILOT Group’s business. We might need to change the way we do business in various ways as increasingly intense natural disasters become greater risks to buildings and plants, supply chains are at more risk of being disrupted, policies and regulations are tightened, and investors and other stakeholders want disclosure of information related to climate change. The Group has identified “response to climate change” as one of our crucial sustainability issues. We will use energy more efficiently and reduce greenhouse gas emissions, while we will work on many types of climate change countermeasures.

Pilot Corporation of Europe, one of the Group's overseas production bases, calculates the amount of CO2 emissions generated from production and is working on carbon offsets. In addition, our Group companies in Europe (the UK, Nordic countries, Germany, and France) calculate CO2 emissions associated with business operations and are also working on carbon offsets.

In March 2023, the we announced support for the recommendations of the Task Force on Climate-Related Financial Disclosures (TCFD). Going forward, we will continue to improve our information disclosure and work with all stakeholders to help bring about a decarbonized society.

Initiatives to Address Climate Change

Initiatives to reduce energy use

Every business site within the PILOT Group is working to use energy more efficiently and to reduce consumption. Offices and plants are adopting LED lighting, and we are using energy-saving equipment in manufacturing.

Initiatives for Reducing CO₂ Emissions and Gasoline Consumption at the Factory

At the Hiratsuka Plant, the power source for deodorizing and smoke removal equipment have switched from natural gas to electricity, reducing CO₂ emissions from this equipment by approximately 80%. We also plan to replace forklifts in this plant, with an expected reduction in fuel consumption of about 30%.

Energy Reduction through Geothermal Heating Systems

Pilot Nordic (Sweden) has introduced a heating system that uses geothermal heat to reduce energy consumption.