Committed to a
Greener Tomorrow

Sustainability
at BaxEnergy

As global awareness of social and environmental crises grows, so does the responsibility of companies. BaxEnergy embraces this challenge with a clear mission: to create “Software Solutions for a Greener World.”

To this end, the company has set three key sustainability goals aimed at improving the efficiency and accessibility of renewable energy. BaxEnergy is shaping its path with purpose, turning its vision into concrete actions for a cleaner and more sustainable planet.

140+ GW

of renewable projects
managed by BaxEnergy

 

1.45 Billion

total savings generated
for customers (€)

4.35 Million

tons of CO2 abated per year
by using BaxEnergy’s solutions (tCO2/year)

Three Sustainability Goals

NET-ZERO EMISSIONS

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NET-ZERO EMISSIONS

Climate change is an urgent issue requiring a global response. Our goal is to achieve net-zero emissions, ensuring that the concentration of greenhouse gasses in the atmosphere does not increase. This can be achieved through the adoption of renewable energy and efficient energy use. We also work to reduce the impact of natural disasters and address biodiversity-related challenges.

WELL-BEING

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WELL-BEING

Following the physical, mental, and social well-being goals outlined in the 2030 Agenda for Sustainable Development, adopted by the United Nations in 2015, we support the health and prosperity of people through safe and comfortable work environments and initiatives in life sciences and drug discovery. We promote human resource development, job creation in local communities, and inclusion based on diversity and equity.

CIRCULAR ECONOMY

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CIRCULAR ECONOMY

We are committed to transforming the linear economy model of “take, make, dispose” into one where resources are utilized in a circular manner without waste. Our goal is to create a social system where resources are effectively used and reused multiple times, contributing to water resource efficiency and the supply of safe drinking water.

Six Areas
of contribution

Achieving carbon neutrality

Indicator

  • CO2 emissions control amount through customers (accum. from FY18)
  • GHG emissions (Scope1,2) (base year FY19)
  • GHG emissions (Scope3) (base year FY19)

FY30 (FY50) target

  • 1 billion t-CO2
    (50% or more from renewable energy and new technologies)
  • 100% reduction by FY30
  • 30% reduction by FY30*
    100% reduction by FY50

    *Emissions from purchased products/services (Category1) and emissions from use of sold products (Category11)
Improving efficiency in society & industry

Indicator

  • Economic value created by improving customer productivity efficiency
  • Energy consumption (Intensity per sales, base year FY23)

FY30 (FY50) target

  • 2 trillion yen by FY30
  • 30% improvement by FY30
    (average 5% improvement per year)
Optimizing plant lifecycle & protecting environment

Indicator

  • Number of plants/factories where Yokogawa has contributed to sustainable operations
  • Water intensity (water withdrawals / sales, base year FY23)

FY30 (FY50) target

  • 20,000 plants by FY30
  • 20% reduction by FY30
Improving health & safety

Indicator

  • Total number of people whose health & safety have been enhanced through solutions provided by Yokogawa’s customers
  • Frequency rate of occupational accidents (number of lost time accidents and no lost time accidents / aggregate number of work-hours × 1,000,000)

FY30 (FY50) target

  • 100 million people by FY30
  • 0.40 or less by FY30
Creating a resource-recycling ecosystem

Indicator

  • Indicators for sustainable raw material

FY30 (FY50) target

  • To be determined in the first year of the mid-term business plan
Creating workplaces where people can fulfill their potential

Indicator

  • Engagement to enhance employee well-being
  • Achievements in human resource development and capacity development for transformation
  • Achievement level of diversity, equity & inclusion

FY30 (FY50) target

  • 84% or more by FY30
  • Advancement of employee ability to fulfill future requirement for Yokogawa’s future. (including skill improvement
  • Proportion of women in managerial positions: 20% by FY2030
    Increase diversity in upper decision-making levels

Six Areas of Contribution

Achieving carbon neutrality

Indicator

FY30 (FY50) target

CO2 emissions control amount through customers (accum. from FY18)

1 billion t-CO2
(50% or more from renewable energy and new technologies)

GHG emissions (Scope1,2) (base year FY19)

100% reduction by FY30

GHG emissions (Scope3) (base year FY19)

30% reduction by FY30*
100% reduction by FY50
*Emissions from purchased products/services (Category1) and emissions from use of sold products (Category11)

Improving efficiency
in society & industry

Indicator

FY30 (FY50) target

Economic value created by improving customer productivity efficiency

2 trillion yen by FY30

Energy consumption (Intensity per sales, base year FY23)

30% improvement by FY30
(average 5% improvement per year)

Optimizing plant lifecycle
& protecting environment

Indicator

FY30 (FY50) target

Number of plants/factories where Yokogawa has contributed to sustainable operations

20,000 plants by FY30

Water intensity (water withdrawals / sales, base year FY23)

20% reduction by FY30

Improving health
& safety

Indicator

FY30 (FY50) target

Total number of people whose health & safety have been enhanced through solutions provided by Yokogawa’s customers

100 million people by FY30

Frequency rate of occupational accidents (number of lost time accidents and no lost time accidents / aggregate number of work-hours × 1,000,000)

0.40 or less by FY30

Creating a resource
recycling ecosystem

Indicator

FY30 (FY50) target

Indicators for sustainable raw material

To be determined in the first year of the mid-term business plan

Creating workplaces where people
can fulfill their potential

Indicator

FY30 (FY50) target

Engagement to enhance employee well-being

84% or more by FY30

Achievements in human resource development and capacity development for transformation

Advancement of employee ability to fulfill future requirement for Yokogawa’s future. (including skill improvement

Achievement level of diversity, equity & inclusion

Proportion of women in managerial positions: 20% by FY2030. Increase diversity in upper decision-making levels

BaxEnergy
Sustainability
Report 2024