No targets available; showing actuals against baseline.
Carbon per million dollars of revenue. The legacy industry-standard reference (CDP, MSCI). Useful for cross-sector context, but distorted by margin — high-margin firms appear artificially efficient. Read alongside the operational and asset intensities for the full picture.
OpEx (operating expenditure) is the running cost of the business — staff, services, energy, materials. This shows how carbon-intensive operations are per million dollars of spend. Removes the margin distortion that revenue-based ratios introduce.
EVIC (Enterprise Value Including Cash) is the firm's total capital footprint — equity + debt + cash + minority interest. The EU's standard intensity measure (SFDR PAI 3) — answers: how much carbon does each million of capital deployed in this business produce?
PP&E (Property, Plant & Equipment) plus leased real-estate assets is the firm's physical infrastructure on the balance sheet. This shows the carbon intensity of that physical footprint — uses Scope 1+2+3 for consistency with the other headline intensities. Surfaces stranded-asset risk for asset-heavy firms.
How the firm describes its decarbonisation approach in its own words — alongside the headline numbers above. Self-reported, page-cited.
Shinryo introduces renewable energy facilities at the Innovation Hub as part of 'Innovation Hub-CN2030', targeting net-zero greenhouse gas emissions from research and development activities by 2030. The main building, opened March 2024, implements renewable energy alongside developed decarbonization technologies, achieving a 59% reduction at completion with the remaining gap closed through energy saving by developed technology and expansion of renewable energy facilities by 2030.
Shinryo's net-zero pathway emphasizes energy saving and renewable energy at its facilities (Innovation Hub-CN2030, ZEB-certified buildings) and Scope 3 reduction via customer-facing technologies. The report does not disclose use of carbon removals (DAC, BECCS, biochar) or offset credits — the strategy relies on technological abatement rather than neutralisation.
The Innovation Hub aims for net-zero GHG emissions from R&D activities by 2030 via three pillars: (1) implementing decarbonization technologies (CFD-connected PMV control, 4th dimension minienvironment AC, variable-air-volume Coanda AC, dynamic range radiant AC, natural ventilation); (2) effectiveness analysis of developed technologies; and (3) renovation of existing experiment laboratory plus renewable energy expansion.
Targets recycling rate >90% for industrial waste from construction sites, achieving 91% in FY2024 across concrete, metal scrap, waste plastics, and waste glass/ceramics. Began tracking plastic waste recycling rate at 85% from FY2024 under Plastic Resource Circulation Act.
Shinryo reduces Scope 1 and 2 emissions by implementing decarbonization technologies and renewable energy in its own buildings — Energy-saving Eco-project at former HQ (2011), Shinryo Shinjo Building (2020), Kofu Dormitory (2023), Innovation Hub main building (2024, ZEB), and new HQ (2026). FY2023 achieved 43% reduction vs FY2009 baseline; targeting 50% by 2030 and net zero by 2050.
Promotion of off-site production and modularization (indoor machine units, coolant standpipe units), BIM-based construction planning, and ICT tools to improve on-site productivity. Achieved 26% reduction in Scope 3 Cat 1+4 CO2 emissions in FY2022 vs baseline.
Shinryo targets 50% reduction in Scope 1+2 by 2030 vs 2009 baseline, net zero by 2050. Achieved 30% reduction as of FY2021. Levers include the energy saving Eco-project at the old headquarters (2010-2019), decarbonization technologies in the Shinryo Shinjo Building (2020 ZEB Ready, 63% primary energy reduction), and planned net-zero GHG from R&D at the Innovation Hub by 2030.
Recycling rate of construction waste reached 90% in FY2022 through use of Industrial Waste National Permit System and electronic manifests (98% digital). Focus on concrete scrap, metal scrap, waste plastics, waste glass and ceramics.
Shinryo executed the Energy Saving Eco-project from 2010-2019 to renovate the old Headquarters building demonstrating extensive energy savings even in an older building. Currently restructuring the Research and Development Center in Tsukuba as a decarbonization-technology research site, targeting Net Zero Energy Building (ZEB) for the new main building by 2024 and net zero greenhouse gas emissions from R&D activities by 2030.
Shinryo promotes recycling of four main waste materials (concrete, metal scrap, waste plastics, glass/ceramics) from construction sites through outsourcing to industrial waste disposal companies with material and thermal recycling. Recycling rate reached 88% in FY2021 (up from 77% in 2017). Electronic manifests used for 97% of waste tracking.
To reduce upstream purchased goods (Cat 1) and upstream transport (Cat 4), Shinryo uses BIM for material selection, off-site unit production, and ICT-driven on-site management. Reported a 22% CO2 reduction in FY2024 from these productivity improvements.
Use of sold products (Cat 11) dominates Shinryo's footprint at 5,253,970 tCO2e in FY2023 — over 93% of total Scope 3. Shinryo targets 100% implementation rate of design proposals to customers for energy-saving upgrades using CFD airflow simulations, ZEB-grade systems, and proprietary technologies (Corro-Guard, Arificus, Optimal AI heating/cooling control). FY2024 achieved 100% implementation rate.
Scope 3 Category 11 (use of sold products) dominates Shinryo's footprint at 8.06M tCO2e of 8.34M total (97%). The firm targets a 100% implementation rate of design proposals to customers to reduce GHG during system operations, using CFD simulations, high-efficiency equipment, commissioning, and optimal heat source control systems. Achieved 100% implementation rate FY2022.
Joint development with Marunouchi Heat Supply of AI control system for large-scale heat source facilities. Predictive AI model from machine learning on operational data forecasts and optimises operations. Introduced at Urbannet Otemachi Center and Marunouchi Nijubashi Building Plant, reducing annual energy consumption ~4%.
Shinryo deploys BIM throughout design, installation, planning and maintenance. Use of BIM data for delivery management, prefabricated spiral ducts, robots to automatically draw construction blueprints (20 units deployed in 2021, the largest in the industry, reducing marking labor by ~25%), and online progress confirmation. Adopted by MLIT as a BIM model project. Reduced Scope 3 Cat 1/4 emissions by 28% in FY2021.
Shinryo holds 51% national share in district heating & cooling systems (68 systems). Implementations include river-water heat sources at Nakanoshima 2-Chome (highest COP in Japan), heating tower heat pumps at Tokyo Sky Tree DHC (8% energy reduction), ground heat at SUITA Municipal Hospital, and gas engine cogeneration plus ground-heat heat pump at Sapporo redevelopment smart city.
Scope 3 Cat 11 (use of sold products) accounts for ~98% of total emissions (10.47M tCO2e of 10.72M tCO2e in FY2020). Shinryo addresses this through CFD-based airflow/temperature simulations, high-efficiency equipment selection, heating tower heat pumps, river-water heat sources, optimal heat-source control systems, and commissioning. KPI: 100% implementation of design proposals to reduce GHG during system operation (97% in FY2021).
No target available for this scope.
No target available for this scope.
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