Furukawa Electric has been involved the United Nations Global Compact since February 24, 2020. The Group believes that respecting and fulfilling the ten principles of the United Nations Global Compact will lead to the strengthening of the management base in order to continue sustainable growth as a global company.
“Furukawa Electric Group Vision 2030” was formulated to provide clarity for the group’s business domains based on the “Sustainable Development Goals (SDGs)”.
The Sustainable Development Goals (SDGs), set in 2015 by the United Nations Summit and intended to be achieved by the year 2030, are a collection of 17 global goals and 169 targets.
Furukawa Electric has agreed with the recommendations of the Task Force on Climate related Financial Disclosures (TCFD) on January, 2020. At the same time, Furukawa Electric has been involved the TCFD Consortium.
Furukawa Electric is a member of the Japan Climate Initiative (JCI). JCI is a network committed to strengthening communication and exchange of strategies and solutions among Japanese companies, local governments and NGOs that are implementing climate actions in Japan. As a global company, Furukawa Electric Group will continue to actively develop measures against climate change and promote efforts to realize a decarbonized society.
Furukawa Electric supports COOL CHOICE, an initiative of the Ministry of the Environment to encourage wise choices including buying products, using services and choosing lifestyles that contribute to a carbon-free society.
Furukawa Electric has participated in the "GX (Green Transformation) League" announced by the Ministry of Economy, Trade and Industry (METI) of Japan in April 2023.
Furukawa Electric Group endorsed the Task Force on Nature-related Financial Disclosures (TNFD), and participated in TNFD forum in November 2023, which supports its activities. We will promote the preparation of nature-related disclosure in line with TNFD recommendations to strengthen the relationship of trust with our stakeholders.
Furukawa Electric has been a member of the Japan Clean Ocean Material Alliance (CLOMA), which is a platform that helps a wide variety of cross-sectoral stakeholders to collaborate and accelerate innovation to overcome the marine plastic waste issue. The Group has engaged in the recycling of plastic waste to reduce resource use, to protect ecosystems by preventing environmental pollution, and to solve climate change by reducing greenhouse gas emissions.
Furukawa Electric has participated as a partner company in WIPO GREEN, a platform for technology exchange on environmental conservation operated by the World Intellectual Property Organization (WIPO) of the United Nations. The plastic recycling technology that the Company has registered with WIPO GREEN will contribute to waste reduction. By promoting technology exchange through the use of intellectual property, the Company will contribute to the spread of environment-related technologies.
Furukawa Electric is a supporting member of the National Federation of UNESCO Associations in Japan, which works in Japan and overseas primarily in the field of education.
The Company promotes the following initiatives
Corporate members of Keidanren (Japan Business Federation)
Chairman of the Japan Copper and Brass Association
Director of the Japanese Electric Wire & Cable Makers' Association
