CO2 Emissions

We have set "Conserving resources and energy, and promoting the introduction of renewable energy" as a key materiality action plan. The plan includes a KPI of reducing domestic CO2 emissions by 50% or more by fiscal 2030 compared to fiscal 2013, and we are proactively working toward achieving this target. Concrete measures undertaken by Maxell Group as part of plant electricity-saving measures include visualizing electricity consumption patterns to reduce wasteful electricity usage, improving operational efficiency through demand management at facilities, updating air conditioning systems, switching to LED lighting, and planting of green walls. In fiscal 2022, the Kobuchizawa Works, Kyoto Works, and Ono Works began solar power generation for in-house consumption. In fiscal 2024, the Kobuchizawa Works generated 164 MWh, the Kyoto Works generated 261 MWh, and the Ono Works generated 717 MWh. We also started purchasing non-fossil certificates in fiscal 2022. As a result of these initiatives, we achieved our KPI of "10% domestic renewable energy ratio by FY2030" already in fiscal 2022, and we therefore have revised the KPI to a more ambitious target of 15%.

Our domestic CO2 emissions in fiscal 2024 dropped by 2% from the previous year, while overseas emissions dropped by 6%, leading to an overall drop of 3% across the Group as a whole (down 43% compared to fiscal 2013). In the future, we will continue to reduce electric power through energy-saving activities, introduce solar power generation for in-house consumption, and increase our percentage of non-fossil certificates. In addition to solar power generation for in-house consumption, the Ono Works is also selling electricity generated with its solar power facilities. In fiscal 2024, 1,344 MWh of electricity was generated for this purpose, contributing to the prevention of global warming.

CO2 emissions Scope1 Scope2
*1 Scope1: Direct emissions due to fuel combustion etc.at business site Scope2: Indirect emissions from purchased electricity,etc
*2 Electricity/CO2conversioncoefficient: Malaysia0.63, China0.59, Indonesia0.79(unit is t-CO2/MWh for all countries)
(Unit: kt-CO2/year)
Domestic 2020 2021 2022 2023 2024
Scope1 21.7 20.3 20.9 19.6 19.5
Scope2 40.4 46.5 28.4 35.0 34.2
Total 62.1 66.8 49.3 54.7 53.7
Overseas 2020 2021 2022 2023 2024
Scope1 1.0 1.1 1.0 0.9 0.6
Scope2 38.5 36.8 36.4 34.0 32.3
Total 39.5 37.9 37.4 34.9 32.9
Data Coverage: figures for the entire Maxell Group
Reduction of CO2 Emissions Including Scope 3

Maxell Group calculates total CO2 emissions across the entire supply chain, including Scope 3 emissions. Scope 3 emissions refer to indirect emissions other than Scope 1 and Scope 2 emissions. For emissions calculations, starting from fiscal 2018, we aggregate and disclose performance data in accordance with the "Basic Guidelines on Accounting for Greenhouse Gas Emissions Throughout the Supply Chain" issued by the Ministry of the Environment and the Ministry of Economy, Trade and Industry.

(Unit: kt-CO2/year)
Scope3 2020 2021 2022 2023 2024
1.Products/services purchased 190.4 194.6 155.0 218.5 197.3
2.Capital goods 40.5 10.9 13.2 19.1 20.8
3.Fuel and energy related activities not included in Scope 1 and 2 7.4 11.0 11.1 14.1 14.2
4.Upstream transportation/distribution 1.9 3.7 3.5 11.1 9.4
5.Waste generated in operation 0.9 1.0 1.0 4.1 4.3
6.Business trip 0.9 0.7 1.0 1.3 1.3
7.Commuting of employees 1.4 1.4 1.3 2.0 2.0
8.Upstream leased assets 0.0 0.0 0.0 0.0 0.0
9.Downstream transportation/distribution 1.5 0.0 0.0 0.0 0.0
10.Processing of products sold 0.0 0.0 0.0 0.0 0.0
11.Use of products sold 423.5 39.2 3.8 5.2 4.9
12.Disposal of products sold 43.6 45.5 38.4 36.4 19.9
13.Downstream leased assets 0.0 0.0 0.0 0.0 0.0
14.Franchises 0.0 0.0 0.0 0.0 0.0
15.Investments 0.0 0.0 0.0 0.0 0.0
Scope3 2020 2021 2022 2023 2024
Total 712.0 308.0 228.3 311.7 274.0
Data coverage: Values for Maxell and Maxell Frontier until FY2022, and values for the entire Maxell Group from FY2023 onwards.
(Unit: kt-CO2/year)
Crude oil equivalent volume
(Unit: ML/year)
Domestic/overseas plants 2020 2021 2022 2023 2024
Crude oil equivalent volume 46.5 47.3 47.9 42.1 42.0

Energy Intensity per production
(Unit: kL/million yen×10-3)
Domestic/overseas plants 2021 2022 2023 2024 2025
Energy Intensity per production 404 432 417 410 355
Transport-related Energy Intensity Per Production

Since Maxell Group offers a wide range of products, we monitor the transport-related energy intensity per production at each manufacturing base.
In fiscal 2025, the total figure for all manufacturing bases increased by 5% compared to the previous fiscal year.

Fiscal Year Production amount (million yen) Usage (ten thousand ton-km) Intensity (ton-km/million yen)
2021 58,186 1,014 174
2022 51,919 958 184
2023 53,008 903 170
2024 57,641 890 154
2025 53,618 872 163
Data Coverage: Maxell Only

Waste Reduction and Recycling

With regard to conserving resources as part of our materiality action plan, our recent focus has been on measures for waste plastic as an environmental issue, and we are investigating chemical/materials recycling. Furthermore, at Maxell Group, we are working toward "Zero emissions"*1 by ensuring thorough waste separation, promoting the monetization of valuable waste through information sharing across business sites, and expanding and enhancing in-house intermediate processing.

For example, in the lithium-ion battery electrode manufacturing process, we separate paint residue and end cuts generated in each production step, and deliver these to appropriate companies to recycle copper, aluminum, and rare metals such as cobalt (102 tons in fiscal 2025).In the primary battery manufacturing process, in addition to the conventional recovery of silver oxide (2.3 tons in fiscal 2025), we have begun recovering zinc (0.5 tons in fiscal 2025) and copper (0.02 tons in fiscal 2025) since the previous fiscal year, thereby strengthening resource recycling. The amount of valuable waste generated domestically in fiscal 2025 increased by 35% compared to the previous fiscal year.As a result of our intensified recycling efforts, domestic manufacturing bases achieved zero emissions for the 25th consecutive year.
*1 Criteria for zero emissions (criteria for each business site): Final waste disposal volume less than 5 tons/year and final disposal ratio less than 1%/year

Situation of wastes, etc.
Situation of wastes, etc  Waste intensity per production
(Unit: t/year)
Domestic 2021 2022 2023 2024 2025
Recycling 2,959 3,679 3,534 3,782 4,363
Intermediate Processing 3,456 3,383 3,095 3,382 3,596
Final Disposal Volume 3 2 3 3 2
Total Emissions 4,975 4,594 4,291 4,351 5,153
Overseas 2021 2022 2023 2024 2025
Recycling 790 604 662 927 803
Final Disposal Volume 251 199 238 253 339
Total Emissions 1,234 1,042 1,161 1,213 1,167
Data Coverage: figures for the entire Maxell Group
Specified Hazardous Wastes generated
(Unit: t/year)
Specified Hazardous Industrial Wastes 2021 2022 2023 2024 2025
PCB 0.0 0.0 36.0 0.0 1.8
Data Coverage: figures for the entire Maxell Group
Waste Intensity per production
(Unit: t/million yen×10-4)
Domestic/overseas plants 2021 2022 2023 2024 2025
Waste Intensity per production 559 532 512 586 641

Water Consumption Reduction Initiatives

Maxell Group strives to reduce water consumption in manufacturing processes and conserve water resources through reutilization and other practices. For instance, at the Kyoto Works, a system to recover and reuse 100% of drain water was introduced in response to increased steam usage due to the increased production of lithium-ion battery electrodes. This resulted in a saving of 40 thousand m3 of water annually.At domestic Group business sites, water usage decreased by 6% compared to the previous fiscal year, while at overseas Group business sites with high water risk*2, it decreased by 32%. Overall, water consumption in the Maxell Group decreased by 10% compared to the previous fiscal year, mainly due to the sale of a plant in China that produced Prismatic Lithium-ion Rechargeable Batteries.
 *2 Water Risk Atlas (Aqueduct)

Business Activities in Water-Stressed Areas
Maxell's overseas group factories are located in China (2 sites), Malaysia (1 site), and Indonesia (1 site). According to the Water Risk Atlas (Aqueduct), these four sites face higher water risks, including baseline water stress and flood risk, compared to domestic sites. Consequently, these overseas factories set annual targets for water consumption intensity and actively work on reducing it.

Water consumption  Water intensity per production
Water consumption (Water intake volume/Water discharge volume)
(Unit: thousand m3/year)
Water Intake Volume (input volume) Domestic 2021 2022 2023 2024 2025
Water Supply System 203 198 218 239 263
Industrial Water 0 0 0 0 0
Groundwater 561 433 400 467 401
Rainwater 0 0 0 0 0
Total Input Volume 764 631 619 706 664
Water Intake Volume (input volume) Overseas 2021 2022 2023 2024 2025
Water Supply System 172 158 161 136 92
Industrial Water 13 14 18 15 10
Groundwater 0 0 0 0 0
Rainwater 0 0 0 0 0
Total Input Volume 186 172 178 151 103
Water Discharge Volume Domestic 2021 2022 2023 2024 2025
Public Water 157 132 147 156 164
Water Sewerage System 582 480 461 543 446
Total Discharge Volume 739 612 609 699 611
Water Discharge Volume Overseas 2021 2022 2023 2024 2025
Public Water 0 0 0 0 0
Water Sewerage System 181 167 173 145 101
Total Discharge Volume 181 167 173 145 101
Data Coverage: figures for the entire Maxell Group
Figures for fiscal 2021 onward were revised retroactively because groundwater at certain domestic sites had been recorded as industrial water.
Water Intensity per production
(Unit: m3/million yen×10-2)
Domestic/overseas plants 2021 2022 2023 2024 2025
Water Intensity per production 782 726 755 795 793

Chemical Substance Management During Production

The Maxell Group manages and strives to reduce the amount of chemical substances handled, emitted, and transferred during the manufacturing process.

(Unit: t/year)
2021 2022 2023 2024 2025
PRTR Law Substances Handling Amount of PRTR Substances (Domestic) 1,480 1,403 1,622 1,253 1,310
Emission Amount of PRTR Substances (Domestic) 98 80 72 67 127
Transfer Amount of PRTR Substances (Domestic) 192 154 157 160 186
Volatile Organic Compounds (VOC) Atmospheric Emission Amount of VOC (Domestic) 131 95 130 130 187
Atmospheric Emission Amount of VOC (Overseas) 10.2 21.5 21.0 10.8 11.4
Air Pollutants SOx Emission Amount 0.2 0.2 0.6 0.3 1.0
NOx Emission Amount 10.7 10.9 9.7 11.1 15.2
Water Pollutants BOD Emission Amount 11.6 10.1 7.4 4.9 7.2
COD Emission Amount 1.6 2.0 0.9 1.3 1.1
Data Coverage: Up to FY2024 figures for Maxell and Maxell Frontier only. FY2025 onwards, figures for the entire Maxell Group(Domestic)
Note: PRTR Law revised in 2023

Environmental Fines and Penalties in Fiscal Year

In 2017, our factory in China received administrative guidance and a fine for exceeding wastewater pollutant concentration standards. Since then, we have installed wastewater treatment facilities and have had no further issues. Learning from this experience, we have implemented sufficient measures to prevent legal violations, and no violations have occurred to date.

(Fiscal Year)
Environmental Violations Unit 2021 2022 2023 2024 2025
Violation Cases (Fines over $10,000) Cases 0 0 0 0 0
Fine Cases (Fines over $10,000) Yen 0 0 0 0 0
Year-end Environmental Liability Amount Yen 0 0 0 0 0
Data Coverage: figures for the entire Maxell Group

ISO 14001 Certification

(Fiscal Year)
ISO 14001 Certification Rate Unit 2021 2022 2023 2024 2025
Maxell Group Production and Sales Sites 56% 56% 51% 51% 50%
Data Coverage: figures for the entire Maxell Group
The acquisition rate decreased due to the integration of domestic sales offices in FY2023 and the sale of an overseas plant in FY2025