The effects of climate change are becoming more serious year by year, with significant impacts on the natural environment and society, and we recognize that climate change is an important issue for us as well. As extreme weather events occur around the world, efforts to transition to a decarbonized society are accelerating around the world. The Paris Agreement has set a common goal to limit the rise in global average temperature to well below 2°C compared to pre-industrial levels, and to pursue efforts to limit it to 1.5°C.
In April 2024, the CMP Group announced its Carbon Neutrality Declaration, aiming to reduce total greenhouse gas (GHG) emissions by 45% by fiscal 2030 (compared to fiscal 2021) and achieve carbon neutrality by fiscal 2050.
In addition to reducing GHG emissions from our own activities, we believe it is important to contribute to society-wide GHG emission reductions through the products we provide.
We will also promote the reduction of GHG emissions as a measure to mitigate the progress of climate change. We are committed to reducing GHG emissions throughout our production and supply chain processes. This includes achieving “low-carbon production” through measures such as reducing energy consumption in production, utilizing renewable energy sources, and transitioning to low-carbon raw materials, “GHG emission reduction through products with environmental contribution value,” such as low-friction antifoulings and biomass coatings, and “GHG emission reduction through the supply chain” by implementing strategies such as the reuse of product containers.
We will work to realize a society resilient to climate change risks as a measure to adapt to environmental changes caused by climate change. Global warming associated with climate change is expected to have significant impacts on people’s lives and health.
We aim to realize a society that can adapt to environmental changes due to climate change through the expansion of products that have quality of life (QOL) improvement value, such as suppressing indoor temperature rises with heat-shielding coatings that have high solar reflectivity. Reduction of GHG emissions is considered important as a climate change mitigation measure, and transparent disclosure of climate-related information is required.
We support the Task Force on Climate-related Financial Disclosures (TCFD) and disclose information on the financial impact of climate-related risks and opportunities based on the TCFD framework.

The Sustainability Committee’s Climate Change Subcommittee and related departments are working together to reduce GHG emissions and save energy. At our overseas Group companies, we are proactively working in compliance with the laws and regulations of each country.
We receive monthly reports on energy usage from domestic Group companies and once a year from overseas Group companies.

The total CO₂ emissions (Scope 1 and 2) of the CMP Group amounted to 12,809 tons, a decrease of 2,064 tons from the previous fiscal year.
The CO₂ emissions intensity in fiscal 2024 decreased by 30% compared with fiscal 2022, showing an improvement over the 9% reduction recorded in fiscal 2023. Contributing factors included the switch to 100% renewable electricity for purchased power at the Group’s site in the Netherlands and the expanded procurement of renewable electricity by Group companies in Japan.

The CMP Group’s total Scope 1 emissions decreased by 264 tons compared with fiscal 2023, representing a 6% reduction from fiscal 2023 and a 5% reduction from fiscal 2022.

The CMP Group’s total Scope 2 emissions decreased by 1,800 tons compared with fiscal 2023, representing a 17% reduction from fiscal 2023 and a 27% reduction from fiscal 2022.

The CMP Group total produced 925,000 tons of Scope 1, 2, and 3 emissions, 96% of which were from purchased raw materials (Scope 3) and 1% from Scope 1 and 2 emissions.

The CMP Group’s total energy consumption in fiscal 2024 was 266 TJ, down 3 TJ from the previous fiscal year. The energy intensity improved by 20% compared with fiscal 2022.
Contributing factors included replacing dispersers, compressors, and air conditioners, installing LED lighting, and implementing strict power demand management at factories and laboratories in Japan.

The CMP Group is actively upgrading outdated equipment to reduce fuel consumption. The Group is also working to enhance facility efficiency by improving boiler performance and reducing operating hours.

The total energy consumption during transportation by CMP (parent company basis) in fiscal 2024 was 57 TJ, a 2% increase from fiscal 2023. The energy intensity (per unit of transportation volume) rose by 0.8% compared with fiscal 2022, but this represented an improvement over the 2.9% increase recorded in fiscal 2023.

CMP’s CO₂ emissions during transportation in fiscal 2024 increased slightly from fiscal 2023 to 3,900 tons. The CO₂ emissions intensity (per unit of transportation volume) rose by 1.4% compared with fiscal 2022, but this represented an improvement over the 3.4% increase recorded in fiscal 2023.

We are continuously working on increasing the load capacity and the size of vehicles for mainline transportation to expand the amount of cargo transported at one time.

We continue to implement modal shifts from truck transportation to railways, ships, and other forms of transport that emit less CO₂.

We propose the shortest transportation routes to freight forwarders and review them continuously.

Owners of commercial refrigeration and air conditioning equipment that use fluorocarbons are required to thoroughly manage the fluorocarbons they use and to report the leakage of fluorocarbons in excess of a certain amount. Our Group companies in Japan own 414 units of such equipment and work to properly monitor the amount of fluorocarbons leaked in accordance with the management criteria established by the government. In fiscal 2024,
there were no leaks of fluorocarbons of 1,000 tons of CO₂ or more.

CMP is a member of the Japan Paint Manufacturers Association (JPMA), which, as a corporate regular member of the Japan Chemical Industry Association (JCIA), carries out its activities in line with the JCIA’s policies.
The JCIA has formulated a long-term strategy aimed at providing solutions to global warming and achieving a sustainable society toward and beyond 2050, defining the chemical industry’s vision for the future and the pathways to realize it.
Following this policy, the JPMA also promotes related initiatives. Coatings support the generation of green electricity through anticorrosive coatings for offshore wind turbines and silicone coatings for solar panels. Furthermore, coatings for electric wires and cables contribute to the transmission and storage of electricity in decentralized renewable energy systems. Through its participation in the JPMA, CMP is therefore indirectly engaged in initiatives to address climate change.

The Japan Paint Manufacturers Association (JPMA) is working to reduce indirect CO₂ emissions by reducing non-methane volatile organic compounds (NMVOCs). Every year, JPMA calculates the actual status of VOC emissions from coatings based on information from its member companies. We are also working to reduce indirect CO₂ emissions by reducing VOCs.