Change
Location

Currently Using The English Site.

Circular Economy

Approach

The IHI Group positions the creation of a circular economy as one of its main environmental issues, and strives to reduce waste emissions and water consumption, improve resource efficiency, and reduce environmental impact.

Policy

IHI Group Basic Environmental Policy

Strategy

The IHI Group aims to create a resource-recycling-oriented society thereby helping drive the transition to a circular economy. Therefore, in its business activities, the Group is working to reduce waste emissions through the 3Rs (reduce, reuse, recycle) and to reduce water withdrawal and water consumption. Also, in addition to providing resource-efficient products using minimal quantities of resource input and consumption, the Group is working to expand its business of providing comprehensive services that include reuse, repair and maintenance throughout the entire product life cycle.

Risk Management

Waste

The IHI Group strives to reduce waste emissions by improving the yield of raw materials in plant production and improving recycling rates through careful separation. The Group is also working to promote the transition to a circular economy. To this end, the Group is working, through its lifecycle businesses, to develop designs that take into consideration the effective use of social capital in the raw material procurement, plant production, and product use processes, and to expand services that allow products to continue to be used for a long time and which minimize the amount of waste generated.
Additionally, to ensure that all waste is disposed of properly, the Group reviews collection, transportation, and waste disposal contracts, verifies final disposal through digital manifests, and confirms circumstances on-site at intermediate and final waste disposal sites.
In order to continue these efforts effectively over the long term, the Group is implementing waste auditing using the ISO 14001 framework.

Cooperation with Third Parties to Reduce Waste Emissions

The IHI Group works with expert consultants to operate a waste management system to reduce waste emissions at its plants and offices and ensure compliance with laws and regulations. By monitoring the amounts of each type of waste generated at each site, and the main sources of waste, the Group is striving to reduce the overall quantity of waste generated. Furthermore, the Group ensures compliance with laws and regulations and reduces waste emissions by checking intermediate disposal contracts and contract periods.
Similarly, the Group regularly entrusts specialized consultants with group training for waste management personnel at offices, plants, and affiliated companies, where they learn about legal and regulatory requirements and case studies of legal and regulatory violations.

Water Resources

The IHI Group primarily uses public and industrial water as water resources. In regions with abundant underground and river water resources, the Group uses these resources in combination with public water carefully to reduce its risk of obstruction to stable water withdrawal. Therefore, each office and plant considers the water quality and quantity necessary for its use and chooses the best resource to withdrawal water.
In some plants where river water is available in abundance, river water is used instead of tap water as cooling water for heat treatment furnaces, etc. When draining water, heat exchangers are used to avoid pollution risks during water discharge.
Also, the Group is also working with local governments to consider products and services that contribute to the effective use of agricultural water and other water resources.

Water Risks Survey

The IHI Group conducted a survey of water-stressed regions using the World Resource Institute’s Aqueduct Water Risk Atlas, a global water risk map, targeting consolidated affiliate companies that collect environmental information.
Of the 71 locations surveyed, 4 locations (5.6%) were in areas classified as High Risk or higher. Based on the survey results, the Group will consider measures at sites classified as High Risk or higher and implement water risk management.

Specific Activities to Reduce Water Consumption

In order to reduce water consumption, the IHI Group reuses tertiary treated water instead of city water for sprinklers on its grounds to the extent possible, and reuses wastewater in painting and cleaning processes. At the head office building, gray water made from recycled kitchen wastewater and other gray water is used to flush the toilets.
In addition, as a Group-wide environmental activity goal, the Group has set a 1% reduction in water withdrawal at each site compared to the previous fiscal year, and the Group is managing the monthly water withdrawal at each environmental management center by graphing it and comparing it over time. Monitoring the monthly changes in water withdrawal leads to early detection of any leakage.

Metrics and Targets

“Circular Economy” Targets and Results (IHI Group Environmental Action Plan 2023 [FY2023–2025])

(Scope: IHI and consolidated subsidiaries)

FY2025 Target KPI FY2022 Results (Base Year) FY2023 FY2024
Reduce waste emissions by 3% or more in FY2025 from that in FY2022 Reduction rate of waste emissions Waste emissions
23,044 tons
Financial year target Compared to FY2022
1% reduction
Compared to FY2022
2% reduction
Results 25,410 tons 21,942 tons
Compared to FY2022 10.3% increase 4.8% reduction
  • Review the definition of recycling rate
  • Determine the amount of final disposal to be at least 90 wt% of total waste
Rate of final disposal volume determined Financial year target Revising the definition of recycling rate Determine 50 wt% of total disposal
Results The definition of recycling rate was revised and finalized 59.3 wt% determine
Reduce water withdrawal by 3% or more in FY2025 from that in FY2022 Reduction rate of water withdrawal Water withdrawal
4,037 thousand ㎥
Financial year target Compared to FY2022
1% reduction
Compared to FY2022
2% reduction
Results 5,844 thousand ㎥ 4,662 thousand ㎥
Compared to FY2022 44.8% increase 15.5% increase*

Water withdrawal increased due to increased production.

Waste Emissions and Water Withdrawal/Waste Water

(Scope: IHI and consolidated subsidiaries)

Item FY2021 FY2022

Third-party Verification

FY2023

Third-party Verification

FY2024

Third-party Verification

Waste Waste emissions (tons) 23,633 23,044 25,410 21,942
Of which, toxic waste emissions (tons) 255 156
(Domestic only)
128
(Domestic only)
150
(Domestic only)
Amount of valuable materials (recycled) (tons) 16,164 17,869 15,219 16,310
Water Water withdrawal (1,000㎥)* 4,195 4,037 5,844 4,662

Public water (1,000㎥)

664 670 2,326 728

Industrial water (1,000㎥)

792 737 738 704

Groundwater (1,000㎥)

1,691 1,451 1,506 1,472

Rainwater, rivers, lakes, etc. (1,000㎥)

1,047 1,180 1,274 1,758
Waste water (1,000㎥)* 3,265 3,181 4,856 3,746

Sewage (1,000㎥)

498

Rivers(1,000㎥)

3,107

Lakes, wetlands (1,000㎥)

0

Seawater or brackish water (1,000㎥)

140

Underground penetration (1,000㎥)

0

The total value for each item is rounded off and may not match the figures in the breakdown.

Third-party Verification of Data

Environmental Top