Daikin Industries, Ltd. has released the English edition of its Sustainability Report 2024, which details the company's ESG (Environmental, Social, and Governance) information and outlines its strategy for contributing to a sustainable society through business activities. The report covers fiscal 2023 activities, results, and future plans.
The 2024 edition focuses on Daikin's efforts to achieve both business growth and sustainability, centering on the themes of the three-year plan under the Fusion 25 strategic management plan formulated in fiscal 2023.
Commitment to Social Responsibility
"Air conditioning is an important form of infrastructure supporting our daily lives, and its demand is expected to increase for health and economic development reasons. However, air conditioning has a significant impact on the environment due to its high electricity consumption. Addressing society's needs for air solutions and contributing to the decarbonization of society is the Group's most important social mission. We will seize change as an opportunity to contribute to a sustainable society and grow as a corporate group," said Masanori Togawa, Chairman of the Board and CEO of Daikin.
Main Points of Sustainability Report 2024
Message from the Chairman
The report includes a comprehensive message from Chairman Masanori Togawa, emphasizing the necessity of sustainable practices in the air conditioning industry.
Overview of Daikin's Sustainability Efforts
This section highlights Daikin's strategy and specific activities in fiscal 2023 aligned with the key themes of the Fusion 25 plan: promoting energy-saving technologies for a decarbonized society and developing globally-minded employees.
ESG Activity Results in Fiscal 2023
The report details Daikin's policies, organizational structure, targets, and results for various ESG fields. This includes measures for achieving carbon neutrality, contributions to greenhouse gas emissions reduction, and a case study of the Rinkai Factory in Osaka, Japan, which operates as a net-zero greenhouse gas emissions facility. The report also discusses the development of a circular economy through a refrigerant eco-cycle.
ESG-related Materials and Data
This section presents data on greenhouse gas emissions throughout the value chain, SBT-certified targets, and workforce diversity metrics.
The full report is available for download on the Daikin website at
https://www.daikin.com/csr/report
