Kobe Steel, Ltd. invests in the installation and continual maintenance of environmental equipment and pursues environmental measures on a variety of fronts. In fiscal 2020, we invested approximately ¥1.7 billion, primarily to reduce CO2 emissions and prevent water pollution.
Expenses in fiscal 2020 totaled ¥31.9 billion. Moreover, we invested about 28% of total expenses, or roughly ¥9.0 billion, in R&D for technology development, including making automobile weight reduction proposals that combine competitiveness in the raw materials of cutting-edge high-strength steel and aluminum with automotive solution technologies, applying our strengths in steel, aluminum and welding materials.
Of these, we invested approximately ¥4.5 billion as research and development expenses related to climate change.
We will continue to implement measures related to environmental preservation.
(Millions of yen)
|Environmental expenses||Air pollution prevention||210||7,610|
|Water pollution prevention||210||3,940|
|Resource recycling expenses||Waste recycling/ processing,
|Management activities expenses||EMS registration/renewal||－||40|
|Environmental impact monitoring/measuring||－||250|
|Personnel expenses for environmental measures
|R&D expenses||Development of eco products and reduction of
environmental impact of manufacturing processes
|Of which, R&D related to climate change||－||4,510|
|Social activities expenses||Environmental organization support, advertising||－||10|
|Other expenses||Assessments on pollution load||－||300|