Glossary of Environmental Terms
CDP
A project that promotes the disclosure of information related to the environment, such as global warming measures and support for water strategies and forests by corporations, with the approval of institutional investors (preceded by the Carbon Disclosure Project). It is currently one of the sets of data that is most frequently used in the world as a reference for ESG investment.
COD
Chemical oxygen demand (COD) is a measure used in water quality analysis, indicating the amount of oxygen consumed by potassium permanganate, an oxidizing agent, to oxidize organic compounds in water. It is used as an indicator of organic pollution in water. Overseas, potassium dichromate is often used as an oxidizing agent, and results are different, so we compiled data separately in Japan and overseas.
MFCA
Acronym for Material Flow Cost Accounting, an environmental management and accounting tool for companies to improve cost efficiency and reduce environmental impact at the same time. Our Group uses MFCA as an analytical method.
NOx
Nitrogen Oxide
PRTR system
PRTR: Pollutant Release and Transfer Register. Japan’s PRTR Act establishes a system intended to promote voluntary improvement in management by companies that handle chemical substances by identifying the amounts of various harmful chemical substances released into the environment and to prevent chemical substances from impeding environmental conservation.
SOx
Sulfur Oxide
TCFD
TCFD: Task Force on Climate-related Financial Disclosures. An international project that calls on companies to disclose the financial risks of climate change with the participation of the Financial Stability Board (FSB), a group of central bank governors from around the world. Companies are requested to provide information that investors and financial institutions can use to make decisions and to conduct “scenario analyses” of the potential impacts of climate change on their future operations.
Carbon neutrality
The 2050 Carbon Neutral initiative showcased by the Japanese government is an application of the carbon neutral concept to policy. According to the declaration, the aim is to zero out overall greenhouse gas emissions by 2050, resulting in carbon neutrality by that year and the realization of a decarbonized society. To zero out overall means that the total emitted volume minus the absorbed and eliminated volume is to be brought to zero.
Scope 3
Whereas Scope 1 concerns direct emissions from combustion of fuel and so on and Scope 2 concerns indirect emissions from consumption of purchased electricity or heat, Scope 3 is an indication of other indirect emissions, both upstream and downstream, of the supply chain of the reporting entity. The international guidelines of the Greenhouse Gas (GHG) Protocol break down Scope 3 into 15 categories.
Soot and dust
This refers to solid particulate matter found in smoke including dust and cinders.
Glossary of Chemical Substance Terms
ExESS
A system for producing and issuing SDS multilingually. Introduced in 2020.
GHS
Acronym for the Globally Harmonized System of Classification and Labelling of Chemicals.
SDS
Acronym for Safety Data Sheet. This sheet contains the safety information regarding chemical substances and is attached to products at the time of delivery to other businesses.
VOC (Volatile Organic Compounds)
Acronym for volatile organic compounds. A general term for substances that easily volatilize into the atmosphere at room temperature and pressure.
WSSD
Acronym for World Summit on Sustainable Development.
European REACH
A European Union regulation to protect the health of people and the environment during the handling of chemical substances.
Glossary of Sustainability Terms, Others
CS
Abbreviation for Customer Satisfaction.
CSR
Acronym for Corporate Social Responsibility. CSR refers to activities carried out within the scope of a company’s operations not only geared toward generating profits, but also for fulfilling a company’s responsibilities to society and growing together with society while emphasizing relationships all stakeholders.
DX
Abbreviation for digital transformation. This refers to the use of digital technologies such as AI, IoT, and Big Data by companies not only to improve workflow and create new business models, but also to break away from legacy systems and transform their corporate culture.
ESG
Acronym that stands for Environmental, Social, and Governance; used as an indicator to determine whether a company can grow sustainably.
GRI
Acronym for Global Reporting Initiative, an international NGO. The organization publishes the GRI Sustainability Reporting Guideline.
IoT
IoT: Internet of Things. A system in which various things (such as sensor devices, actuators, houses/buildings, cars, home appliances, and electronic devices) that were not previously connected to the Internet are connected to servers and cloud services through networks, enabling mutual information exchange.
ISO 26000
International standard developed in October 2010 to help organizations address social responsibility issues. This is the first ISO standard created through a multi-stakeholder process that involved experts representing a wide range of sectors in deliberations.
QOL
Acronym for Quality Of Life. A concept of satisfaction in all aspects of life including not only material wealth, but also emotional fulfillment and self-actualization.
RBA Scope of Activity
The Electronic Industry Citizenship Coalition (EICC) established standards to ensure that working conditions in the electronics industry supply chain are safe, that workers are treated with respect and dignity, and that manufacturing processes are environmentally responsible.
Stakeholders
Persons and organizations concerned. People who have an interest in any decisions made or activities conducted by an organization.
Materialities
In the context of CSR, “Materialities” refers to significant items that need to be worked on. Materiality items reflect significant effects that an organization has on the economy, environment, and society, and identifies how they have an actual impact on evaluations and decisions by stakeholders.
Responsible care
Activity that assures environmental safety and health in all stages of a chemical material’s existence from development to manufacturing, distribution, utilization, final consumption, disposal, and recycling; publishes process results; and promotes dialogue and communication with the public. (Japan Chemical Industry Association)

