Yamaha Motor First in Japan*¹ to Use Green Steel JGreeX in Industrial Equipment - Green Steel with the Mass Balance Approach Employed in Surface Mounters toward Achieving Carbon Neutrality with Raw Materials -
September 3, 2024
IWATA, September 3, 2024 - Yamaha Motor Co., Ltd. (Tokyo: 7272) announced today that it has decided to utilize JFE Steel Corporation's (hereinafter referred to as "JFE Steel") green steel JGreeX for some of the exterior parts of its surface mounters, beginning with two models that will commence shipments from October 2024. This is the first time that JGreeX has been adopted for industrial equipment in Japan.
JGreeX is a green steel that significantly reduces CO₂ emissions in the steel manufacturing process by applying the mass balance approach to allocate the amount of reduction achieved through JFE Steel's CO₂ reduction technology toward steel materials of their choosing. Yamaha Motor will adopt JGreeX for some of the exterior parts of its YRM20 and YRM20DL surface mounters, and the Company plans to expand the range of use for green materials in the industrial equipment space in the future.
Yamaha Motor, in line with its Yamaha Motor Group Environmental Plan 2050, is working toward being carbon neutral*² throughout all of its supply chains, including the company's business activities by 2050. As the Company works toward achieving this goal and eventually switching to 100% sustainable materials, Yamaha Motor is pushing to adopt and further expand its use of green and recycled materials.
*1 According to Yamaha Motor survey (August 2024)
*2 Emissions as a direct result of business activities (Scope 1 and 2) and emissions outside of these (Scope 3)
Exterior cover of surface mounter using JGreeX
JGreeX is a green steel that significantly reduces CO₂ emissions in the steel manufacturing process by applying the mass balance approach to allocate the amount of reduction achieved through JFE Steel's CO₂ reduction technology toward steel materials of their choosing. Yamaha Motor will adopt JGreeX for some of the exterior parts of its YRM20 and YRM20DL surface mounters, and the Company plans to expand the range of use for green materials in the industrial equipment space in the future.
Yamaha Motor, in line with its Yamaha Motor Group Environmental Plan 2050, is working toward being carbon neutral*² throughout all of its supply chains, including the company's business activities by 2050. As the Company works toward achieving this goal and eventually switching to 100% sustainable materials, Yamaha Motor is pushing to adopt and further expand its use of green and recycled materials.
*1 According to Yamaha Motor survey (August 2024)
*2 Emissions as a direct result of business activities (Scope 1 and 2) and emissions outside of these (Scope 3)
