Resource Circulation
Basic Concept
In order to realize one of the OKI Group's materialities, "reducing the environmental impact through business activities," we are working to reduce the environmental impact of our own bases. As a response to the risk and opportunity process based on scenario analysis, we will strive to reduce and recycle waste.
*Collection and recycling of used products.
The OKI Group works actively on reducing waste and recycling. Our waste reduction efforts focus on optimizing purchase quantities, and involve effective use of production management systems and enforcing operation rules. Improving yields at productions sites is a perennial goal, and we are always keen to eliminate waste when using input resources. Unneeded materials generated from production activities are sold as valuables or outsourced for processing by recyclers that can turn them into new resources.
Managing risks and opportunities based on scenario analysis
| Scenario Analysis | Response to risk and opportunity process | ||||
|---|---|---|---|---|---|
| Category | Expected Phenomena |
Risk/ Opportunity |
Impact on Future Finances |
Time frame*1 | |
| Resource circulation | Strengthening of laws and regulations for oceanic plastics and microplastics | Risk | Site: Inflation of waste product disposal costs; refusal to accept from waste disposal companies | Medium term |
Site: Waste reduction
|
| Product: Risks of resource deprivation; risks of materials supply shortage | Product: Recovery and reuse of parts from used products utilizing the wide area certification system for industrial waste | ||||
| opportunity | Product: Expansion of demand for resource-saving products and recycling services | Product: Provide solutions to extend the service life of customer facilities, reduce burden on customers by recovering used products utilizing the wide area certification system for industrial waste | |||
*1:Time frame definitions: Long term means more than 10 years, medium term means 3 to under 10 years, and short term means 1 to under 3 years
Goals and Achievements
Environmental activities from fiscal 2023 to fiscal 2025
| Initiatives | Classification | Applicable | Material Issues | Action Plan and Targets by FY2025 | FY2024 Target | FY2024 Results |
|---|---|---|---|---|---|---|
| Reduction of waste from factories | Risk | Site | 〇 | Recycling rate*2 of 84% or more | 84% or higher | 86% |
| Collection of used products | Opportunity | Products | Recycle rate of collected used products of 90% or more | 90% or higher | 98.6% |
*2：(Valued amount sold + amount recycled by contractor) ÷ (Valued amount sold + amount entrusted for disposal)
