Following the basic policy of “Establishment of a Friendly Environment for People and Our Planet,” stated in our CSR Charter / Code of Conduct, we comprehensively manage environmental risks and opportunities, such as climate change, stricter environmental regulations around the world, and growing needs for products with low environmental impacts. Our specific efforts toward this include certification and management under ISO 14001 for the environment and ISO 50001 for energy. We aim to achieve the objectives set forth in Sustainable Value 2023 to reduce our global environmental impact through our business activities and contribute to the creation and sustainable development of a decarbonized and sound material-cycle society in harmony with nature.
Specifically, the Group EHS Committee and its subcommittees share environmental issues and problems and make continuous improvements to resolve them, while the CSR Committee reviews progress. The Group Risk Management Committee manages risks, including environmental risks, to move ahead with the initiatives across the Group.
We will reduce CO2 emissions in line with the SBTi framework and contribute to the realization of a decarbonized society through our business activities. We have set reduction targets for CO2 emissions from our business activities and CO2 emissions from the use of products sold , and are working to reduce CO2 emissions, including those in our supply chain.
In December 2021, SCREEN declared its support for the recommendations published by the Task Force on Climate-related Financial Disclosures (TCFD). We will actively promote information disclosure in accordance with TCFD recommendations and promote our business activities in order to contribute to the construction and sustainable development of a decarbonized, recycling-based, and nature-harmonious society.
In order to reduce the environmental impact of our business activities, we are pursuing initiatives that will reduce the intensity of annual water withdrawal (tap water, industrial water, etc.) at Group business sites. And aiming to Improve Recycling Rates , our efforts focus on effectively using materials, minimizing waste, and recycling waste into materials.
To ensure compliance with environmental regulations applicable to our products in different countries, the Product EHS Subcommittee, formed under the Group EHS Committee, gathers regulatory information and initiates timely responses.
We are focused on expanding sales of products that are certified as “Green Products” according to SCREEN’s independent evaluation standards, thus offering such a high level of environmental performance as to contribute to CO2 emission reductions at our customers’ plants.