Sustainability news
The Ä¢¹½ÊÓƵ Group’s greenhouse effect gas reduction targets approved by SBT initiative
May 20, 2020
On April 28, 2020, the Ä¢¹½ÊÓƵ Group’s greenhouse effect gas reduction targets toward 2030 were approved by Science Based Targets (SBT) initiative*1〶Äas to limit global warming to less than 1.5 degrees Celsius compared to pre-industrial temperatures.
The targets approved by SBT initiative:
Scope 1 + 2*2Â FY2030: Reduce by 50% (vs. FY2018)
Scope 3*3Â FY2030: Reduce by 24% (vs. FY2018)
Ä¢¹½ÊÓƵbusiness is built on top of a healthy global environment and rich ecosystems. In order to continue being an integral part of society, we need to conduct business activities that help transform society into an environmentally-friendly, low-carbon, circular economy. The Ä¢¹½ÊÓƵ Group will continue contributing to global sustainability by determining of environmental impact across the entire lifecycle and initiatives to reduce such impact.
*1 The Science Based Targets initiative champions science-based target setting as a powerful way of boosting companies’ competitive advantage in the transition to the low-carbon economy. It is a collaboration between CDP, the United Nations Global Compact (UNGC), World Resources Institute (WRI), and the World Wide Fund for Nature (WWF) and one of the We Mean Business Coalition commitments.
*2Â Scope 1: Direct greenhouse effect gas emissions from sources that are owned or controlled by the organization (burning fuel, industrial processes, vehicle use, etc.)
Scope 2: Indirect emissions from the generation of purchased electricity, heat, or steam consumed by the company
*3Â Scope 3: Other indirect emissions (product use, disposal and transport, employee commuting and business travel, investment, etc.)