- Raising the greenhouse gas emissions reduction targets with the aim of becoming carbon neutral in 2050 -
- Obtained 1.5°C certification from the global environmental initiative SBTi
- With the aim of becoming carbon neutral in 2050, raised the 2030 greenhouse gas emissions reduction target
- Continuing to promote ESG management in order to realize Furukawa Electric Group Vision 2030 and the SDGs
Background
Details
- Reduce Scope 1 and Scope 2 greenhouse gas emissions by 42% in 2030 compared to 2021
- Reduce Scope 3 greenhouse gas emissions from purchased goods and services and use of sold products by 25% in 2030 compared to 2021
Scope1: Direct emissions from the use of fuel and industrial processes by the company
Scope2: Indirect emissions from the use of electricity and heat purchased by the company
Scope3: Other indirect emissions from business activities, including the value chain
Along with continuing the energy saving activities at the company's offices and works, we will effectively utilize hydroelectric power, a power source we have used continuously for over a hundred years, and further install renewable energy such as solar power. We are aiming to eliminate greenhouse gas emissions directed at becoming carbon neutral in 2050 and are promoting initiatives throughout the value chain to achieve the 2030 environmental targets.
(note 1)SBT 1.5°C: Greenhouse gas reduction target that limits the rise in global temperatures below 1.5°C compared to pre-industrial levels
(note 2)SBT WB2.0°C: Greenhouse gas reduction target that limits the rise in global temperatures to a level sufficiently below 2.0°C compared to pre-industrial levels
SBTi (Science Based Targets Initiative)
The Science Based Targets initiative (SBTi) drives ambitious climate action in the private sector by enabling organizations to set science-based emissions reduction targets. The SBTi is a partnership between CDP, the United Nations Global Compact,
Source:SBTi
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