Furukawa Electric Group has set Environmental Targets 2030 and has been making efforts to contribute to a carbon-free society, etc. In order to accelerate our efforts to achieve the ultra-long-term goals of the Environmental Vision 2050, The Group has revised the Environmental Goals 2030 in February 2022.
The Group obtained SBT WB２℃ (well-below 2°C) certification from SBTi (Science Based Targets Initiative) for the company’s greenhouse gas reduction targets in July 2022.
(note1) New material: virgin materials for electrolytic copper, new aluminum ingots, and plastics, etc.
(note2) Single-use plastic: disposable plastics used in containers, plastic bags, etc.
(note3) SBT: Science Based Target.
：Achieved 
：Partially achieved 
：Not achieved
| Activity | Furukawa Electric Group (Domestic and overseas) | |||||||
|---|---|---|---|---|---|---|---|---|
| Targets for FY 2020 | FY 2020 results | Evaluation | Targets for FY 2021 | Medium-term target for FY 2025 | ||||
| Environmental impact reduction Base year 2017年 |
Reduction of greenhouse gas emissions (Scope1, 2)(note 1) | CO₂+SF6 | 6.7% or more | Reduced 28.3% |  |
Base year 2017 |
8.9% or more | 28.3% |
| CO₂ | 5.0% or more | Reduced 23.8% | |
6.6% or more | ー | |||
| Improvement ratio of renewable energy | 1% or more | Increased 2.3% | |
1.5% or more | 5% | |||
| Reduction of greenhouse gas emissions (Scope3)(note 1) | Start of reduction scenario | Scenario development:done | |
Base year 2019(note2) |
2% or more | 10% | ||
| Reduce water withdrawal | 3% or more | Increased 8.1% |  |
Base year 2020 |
1% or more | 5% | ||
| Reduce production energy | 3% or more | Reduced 1.0% | |
1% or more | 5% | |||
| Reduce transportation energy | 3% or more | Reduced 2.1% | |
domestic：1% or more | 5% | |||
| Reduce total waste | 3% or more | Increased 1.2% | |
domestic：1% or more | 5% | |||
| Environment Business promotion | Improvement sales of environmentally friendly products | 60% or more | 58.2% | |
62% or more | ー | ||
| Contribution of products to avoided environmental impact | 100,000 ton-CO₂ or more | 157,000 ton-CO₂ or more | |
110,000 ton-CO₂ or more | ー | |||
| Contamination prevention | Prevention of environmental accidents | Number of accidents | Zero | 0 | |
Zero | ー | |
| Number of small accidents | 3 or less | 1 | |
3 or less | ー | |||
| CDP(note 3) SCORE UP (Climate Change) | Score B or higher | A | |
Score A | ー | |||
(note 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
Scope 3: Other indirect emissions, such as purchased products and services, business trip, commuting, and upstream transportation
(note 2)The Group has started calculating downstream emissions of Scope 3 in activities related to the products and the services sold by the Group in principle from FY2020.
The calculation is retroactive to FY2019, and the base year has been changed from FY2017 to FY2019.
(note 3)CDP: 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.
The total amount of greenhouse gas emissions in fiscal 2020 was 28.3% lower than in fiscal 2017, due in part to the impact of economic stagnation. As a measure against climate change, the Group is promoting energy conservation at our plants, installing solar power generation systems, and switching purchased electricity to renewable energy. Furthermore, the Group established the new “Furukawa Electric Group Vision 2050”, an environmental vision looking ahead to 2050, in order to take measures aimed at the awareness of ultra-long-term issues and their resolution from 2030 on.
The entire group will work to achieve the environmental targets for 2030. In terms of climate change measures, the Group will promote energy conservation activities, promote plans to introduce solar power generation, and switch purchased electricity to renewable energy, in line with long-term greenhouse gas reduction targets (SBT).
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