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Environment

Targets and Performance of Environmental Conservation Activities

Targets and Performance of Environmental Conservation Activities

Environmental Targets 2030

  1. Contribution to the decarbonized society: Aiming for zero emissions over the long term.
    1. The greenhouse gas emissions in the business activities: Reduce absolute scope 1 and 2 GHG emissions 26% by FY2030 from a FY2017 base year.
    2. The greenhouse gas emissions in the value chain: Reduce absolute scope 3 GHG emissions 20% by FY2030 from a FY2017 base year.
  2. Contribution to the sound material-cycle society: Promote of the recycled materials usages aiming at the sound material-cycle society.
  3. Contribution to the circular & ecological sphere society: Minimize the impact on the ecological system through the provision of the environmental activities and products / services.

In fiscal 2018, Furukawa Electric Group has set the Environmental Targets 2030 and applied for SBT(note) and got certified in fiscal 2019.

(note) SBT: Science Based Target.

Targets and Performance (Environment)

Achieved:Achieved Partially achieved:Partially achieved Not achieved:Not achieved

Activity Furukawa Electric Group (Domestic and overseas)
Targets for FY 2019 FY 2019 results Evaluation Target for FY 2020 Medium-term target for FY 2025
Contribution of products to avoided environmental impact Base year 2017 Reduction of greenhouse gas emissions (Scope1&2)(note 1) CO2+SF6 4.5% or more Reduced 17.9% Achieved 6.7% or more 17% Base year 2017
CO2 3.4% or more Reduced 12.7% Achieved 5.0% or more  
Improvement ratio of renewable energy 0.5% or more Increased 3.1% Achieved 1% or more 3%
Reduce water withdrawal 2% or more Increased 1.6% Not achieved 3% or more 5% Base year 2020
Reduce production energy 2% or more Reduced 0.9% Not achieved 3% or more 5% Base year 2020
Reduce transportation energy 2% or more Increased 8.8% Not achieved Domestic :3% or more Domestic :5% Base year 2020
Reduce total waste 2% or more Increased 6.1% Not achieved Domestic :3% or more Domestic :5% Base year 2020
Promotion of environmentally friendly business Improvement sales of environmentally friendly products 50% or more 56.2% Achieved 60% or more  
Contribution of products to avoided environmental impact 90,000 ton-CO2 or more 160,000 ton Achieved 100,000 ton-CO2 or more  
Contamination prevention Prevention of environmental accidents Number of accidents Zero 2 Not achieved Zero  
Number of small accidents 3 or less 1 Achieved 3 or less  
CDP(note 2) SCORE UP (Climate Change) Score B or more B Achieved Score B or more  

(note 1) Scope 1: Direct emissions from business sites through the use of fossil fuels, etc.
Scope 2: Indirect emissions through the use of electricity, steam and heat supplied from outside of business sites

(note 2) CDP: CDP is an organization formed from institutional investors for the purpose of managing a project requiring companies to disclose their strategies for climate change and the specific amount of greenhouse gases they generate.

Activities Targets and Performance in Fiscal 2019

Total emissions were reduced by a massive 17.9% from fiscal 2017. Furukawa Electric Group has set a new long-term GHG emissions reduction target (by 2030) versus the fiscal 2017 level, and the target has been certified as SBT. We have also set a fiscal 2019 target versus the fiscal 2017 level in accordance with SBT. In response to climate change, we promoted energy saving and fuel conversion at plants. We also installed solar power generation equipment and promoted a shift in purchased power toward renewable power. In fiscal 2019, total CO2 emissions at the Group in Japan and overseas fell a massive 17.9% from fiscal 2017 partly due to falls in the operating rate at plants and in the consumption of sulfur hexafluoride.

Activity Targets in Fiscal 2020

In fiscal 2020, we will continue Group-wide efforts to achieve our targets in the final year of the medium-term environment plan. We will execute our plan to address climate change, save energy and introduce solar power in line with our long-term greenhouse gas reduction targets (SBT: Science Based Targets) as we push forward with shifting the power we purchase to renewable energy.

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