YKK Accelerates Circularity and Decarbonization Strategy

YKK is embracing circularity and decarbonization arsenic halfway concern strategies.

Last week the Japanese fastenings shaper published its latest integrated report, outlining its FY2024 achievements and FY2025 initiatives. According to the report, FY2024 nett income reached a grounds precocious of 433.1 cardinal yen, oregon astir $2.7 billion.

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“For the fastening business, contempt the uncertain concern situation caused by planetary inflation, economical stagnation successful Europe and China, and the interaction of the alteration successful medication successful the U.S. connected the planetary economy, measures specified arsenic efforts to respond to lawsuit requests and amended on-time transportation show proved successful, and income remained strong, peculiarly successful ISAMEA, ASEAN, and China,” the institution stated successful the report.

FY2024 sustainability highlights see obtaining validation by the SBTi Net-Zero Standard, designation from the CDP Climate Change Program and a $53 cardinal sustainability-related investment. Additionally, In August, the institution revised its 2050 sustainability program to see caller KPIs to accelerate efforts to standard biodiversity and circularity.

“To accommodate to changes successful the marketplace and situation and to execute sustainable maturation and a competitory advantage, we are actively investing successful streamlining, sustainability, and integer transformation,” the institution stated.

In FY2024, YKK accrued its usage of sustainable materials to 48 percent, marking a 10-point year-on-year improvement. In summation to launching repairable components and caller Natulon Plus products that enactment garment-to-garment recycling, the institution began in-house recycling trials astatine the Kurobe works for copper and zinc alloys utilized successful zippers.

The institution reduced Scope 1 and 2 emissions by 57 percent (compared to a FY2018 baseline) and reduced Scope 3 emissions by 14.4 percent. YKK transitioned 45 planetary sites to renewable vigor and expanded star vigor capableness astatine 7 facilities. It besides initiated instrumentality upgrades to signifier retired coal-fired boilers and trim fossil fuel.

YKK addressed its h2o depletion successful FY2024, reducing full h2o intake by 7.5 percent compared to FY2018. However, the institution saw its h2o strength summation 3.2 percent year-on-year, citing “the usage of h2o resources for biology measures astatine the Kurobe Makino plant” arsenic the main cause. The institution installed caller accumulation and recycling facilities astatine 15 sites to little h2o depletion and managed wastewater prime successful accordance with ZDHC Wastewater Guidelines