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Environment

Targets and Performances of Environmental Conservation Activities

Targets and Performance of Environmental Conservation Activities

Targets and Performances

Indicators Furukawa Electric Group 
Base yearFY2022 Target for FY2023*5 2025 Mid-term target
TargetResult
Reduction of greenhouse gas emissions (Scope1, 2)
*1*7
CO₂+SF6 FY2017 decrease 17.7% decreased 37% decrease 21.2% (decrease 42%)*3
FY2021 decrease 18.7%*4
CO₂ FY2017 decrease 10.8% decreased 34%
Reduction of greenhouse gas emissions (Scope3)*2 FY2019 decrease 4% decreased 6% decrease 6%
FY2021 decrease 11.1%
*4
Ratio of renewable energy use to total consumption*7 11.5% 20% 12% 30%*4
Reduction of water withdrawal (Per unit of net sales) FY2020 decrease 2% decreased 23% decrease 3% decrease 5%
Reduction of energy for production (Per unit of net sales)decrease 2% decreased 24% decrease 3% decrease 5%
Reduction of transportation energy in Japan (tkm)(Per unit of net sales) decrease 2% decreased 1% decrease 3% decrease 5%
Reduction of total waste in Japan (Per unit of net sales)  decrease 2% decreased 5% decrease 3% decrease 5%
Reduction of total plastic waste in Japan (Per unit of net sales) *6 decrease 3%
Reduction of VOC emissions in Japan (Per unit of net sales) *6 the previous fiscal year decrease 1%
Environment business promotion Sales ratio of environmentally friendly products*7 64% 65% 66% 70%
CO2 avoided emissions 120,000ton-CO₂
132,000ton-CO₂
130,000ton-CO₂
Contamination prevention Prevention of environmental accidents and anomaly Number of environmental accidents 0 2 0
Environmental anomaly 3 or less 2 3 or less
CDP Score on climate change*8 A A- A

*1 Scope 1: Direct emissions from works resulting from the use of fossil fuels, etc.
Scope 2: Indirect emissions resulting from the use of electricity, steam, and heat supplied from outside of works

*2 Scope 3: Other indirect emissions, such as purchased products and services, business trip, commuting, and transportation
The Group began calculating emissions for downstream Scope 3 (activities related to products and services sold in principle) from FY2020.

*3Base year was updated to FY2021 upon the revision of Environmental Target 2030; the reduction target when applying the previous base year FY2017 is also shown as a reference.

*4Targets for FY2025 were revised upon the revision of Environmental Target 2030.

*5Environmental Target 2030 raised in FY2022 is scheduled to be applied from FY2024.

*6New targets were set in FY2023.

*8CDP: An organization through which institutional investors cooperate to run projects that require companies to disclose their strategies on climate change and specific greenhouse gas emissions.

 Performance in FY2022 

The total greenhouse gas emissions in FY2022 were significantly reduced by 36.8% compared to FY2017 for two years in a row. As measures against climate change, we made steady progress in energy conservation at our factories, and increased the number of production sites equipped with solar power generation system. As for purchased electricity, we proceed to switch to electricity derived from renewable energy in and out of Japan. In addition, towards the "Furukawa Electric Group Environmental Vision 2050", the Environmental Targets 2030 was revised in November 2022. We accelerate our efforts to reduce greenhouse gas emissions by setting high reduction targets. 

 Target in FY2023 

As the entire Group,we will work on the reduction of greenhouse gas emissions to achieve the revised "Environmental Targets 2030". As for GHG reduction target, we applied to SBTi for a change from Well-Below 2 °C to 1.5 °C and the proposal was approved in July 2023. In line with the target, we promote plans to introduce solar power generation system, in addition to promoting energy-saving activities more than ever before. And we plan to switch from purchased power to power derived from renewable energy.

DFF Inc., サステナビリティ推進室, 環境部