Formulation of BCP for Large-scale Natural Disasters / Water Risk Analysis
AGC Inc.
| Publication date | August 12, 2021 (Posted on June 1, 2022) |
|---|---|
| Sector | Water Environment / Water Resources, Natural Disasters / Coastal Areas, Industrial and economic activities |
Company Overview
AGC Inc. was founded in 1907 as Asahi Glass Co., Ltd. with the aim of domestically producing flat glass, and changed its name in 2018. The Group operates globally in four business areas: glass, electronics, chemicals, and ceramics. We offer a wide variety of products to customers in various industries, leveraging our world-class technologies and know-how cultivated over our 110-year history of innovation, and propose solutions that only raw material manufacturers can provide. We will continue to pursue the challenge of creating new values to realize a prosperous society.
Climate Change Impacts
The impacts of climate change are becoming more serious every year, including natural disasters such as heavy rains, floods, and droughts, as well as adverse effects on agriculture and fisheries due to rising temperatures.
Adaptation Initiatives
We have issued the AGC Group Business Continuity Plan (BCP) Development Guidelines as a guideline for each division and business site for large-scale accidents or disasters, and we are committed to continuously maintain and improve our BCP.
In 2018, we conducted a water risk evaluation as a part of our climate change adaptation measures. This is a comprehensive assessment of regional water risks by taking into account the evaluation results of each site (obtained with Aqueduct* developed by the World Resources Institute), as well as past water-related disasters and problems, whether emergency response equipment have been installed, and the status of BCP settings. Based on the results of this evaluation, measures were implemented according to regional characteristics, such as installing water storage tanks at sites with high risk of drought, relocating emergency power generation facilities from the basement to the second floor or higher at sites with high flood risk, and installing drain pumps at sites with high tide risk.
In addition, we assessed our major sites in approximately 200 locations around the world for the risk of natural disasters such as earthquakes, strong winds, and floods, and prepared hazard maps with color-coded hazard risks. The sites that have been assessed as being located in areas with a high possibility of being affected, are aware of the impact on their business and are working to reduce the damage by taking measures in terms of facilities and formulating BCPs.
The AGC Group (Japan) has been operating a safety confirmation system since 2009 to confirm the safety of employees and their families when disaster occurs, and conducts company-wide drills twice a year. Sites in Southeast Asia have also conducted drills to respond to power outages caused by natural disasters.
Since 2019, we have also been conducting a pilot scenario analysis using the TCFD framework to analyze the risks and opportunities associated with climate change in more detail.
*A tool to provide water risk status by region
Effects / Expected Benefits
By planning and implementing measures to prepare for large-scale natural disaster risks on a regular basis, we can prevent the spread of damage, contribute to the local community, and continue important business operations while placing the highest priority on securing human life and safety in the occurrence of a disaster.
