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Activities to combat climate change

The need for climate change countermeasures

Temperatures worldwide have been climbing steadily as the growth of energy consumption that began with the Industrial Revolution raised the atmospheric density of CO2 and other greenhouse gases. If nothing is done to slow down this global warming, there will be a dramatic change in the climate worldwide that is accompanied by rising sea levels, extreme weather and other problems. The result would be a severe impact on the environment that people and all other living things depend on for their survival.

The USS Group is committed to slowing global warming, reducing the group’s exposure to risk associated with climate change and playing a role in creating a sustainable low carbon society that preserves a healthy environment for people and all other living things. We strongly believe that one of our most important social missions is to accomplish these goals by using less energy and lowering greenhouse gas emissions associated with the operation of auctions.

Policy for environmental activities

To contribute to establishing a low carbon, society we are building and operating auction sites with lower energy requirements and greenhouse gas emissions. In addition, we encourage group companies, business partners and auction members to engage in energy conservation and other activities for slowing global warming.

Target*

Our goal is a long-term reduction in our energy intensity at an annual rate of 1%. Energy intensity was 1.692 in the fiscal year that ended in March 2021, down 0.8% from the previous fiscal year. More information about energy intensity is in the “Energy consumption” section.

*Target: Carbon dioxide associated with the consumption of energy is the primary greenhouse gas produced by the USS Group’s business operations. Although we have no target for the reduction of greenhouse gas emissions, we have established a target for lowering energy consumption and many initiatives are under way to accomplish this goal.
*Formula used for calculating the energy intensity of USS business operations:
Energy intensity = Energy consumption (converted to kl of crude oil) / Number of vehicles consigned at automobile auctions (thousand vehicles)

Energy consumption

Category FY3/17 FY3/18 FY3/19 FY3/20 FY3/21
Kerosene (kl) 2 2 3 2
Kerosene (gigajoules) 73 73 103 84
A Heavy oil (kl) 13
A Heavy oil (gigajoules) 508
LPG (t) 24 53 179 159 184
LPG (GJ) 1,219 2,692 9,093 8,077 9,347
City gas (thousand m3) 57 144 81 71 93
City gas (gigajoules) 2,565 6,480 3,645 3,159 4,185
Electricity (thousand kWh) 20,039 17,967 17,170 16,217 15,317
Electricity (gigajoules) 199,789 175,760 167,864 159,001 149,568
Energy consumption (kl of crude oil) 5,265 4,773 4,661 4,396 4,210
Energy intensity 2.123 1.977 1.855 1.705 1.692
CO2 emissions (tons) 9,181 9,349 8,196 7,365 7,204

Evaluation of energy reduction activities external organizations

For the third consecutive year, starting in 2018, USS was classified as an outstanding energy conservation company (class S) under the business classification system for energy conservation measures. The Japanese Ministry of Economy, Trade and Industry assigns one of four classes (S, A, B, C) to all companies that submit periodic reports prescribed by the Energy Conservation Act. We will continue to use a broad range of energy conservation activities in order to retain our S rating.
*URL for more information about this evaluation system
https://www.enecho.meti.go.jp/en/


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