May 12, 2023

ADEKA CORPORATION

ADEKA Group introduces internal carbon pricing system

ADEKA CORPORATION began trial introduction of internal carbon pricing ("ICP") in FY2023. We plan to introduce this system in earnest during the next mid-term management plan, which will start in April 2024 after trial operation.

ICP is a system that is used internally to price carbon independently and to promote low- carbon investiment and measures. In the Carbon Neutral Roadmap, ADEKA Group aims to reduce GHG emissions by 46% by 2030 (compared to 2013) and 2050 by achieving carbon neutral emissions. To achieve this goal, we have formulated and are implementing a carbon neutral promotion strategy. The focus is on creating value from a long-term perspective through GHG reductions and visualizing GHG emissions that can be utilized. The introduction of this ICP on a trial basis is part of this effort, and we will further advance our efforts toward carbon neutrality.

ADEKA Group will strive to maximize both social and economic value by not only reducing GHG emissions associated with its business activities, but also by demonstrating innovation through the technological capabilities it has cultivated to date and contributing to GHG reductions with completely new technologies and products.

  • Outline of our ICP

Internal carbon-price¥15thousand /t-CO2

Target facilitiesOur group plants and research laboratories

Application methodICP is applied to CO2 emissions associated with the subject capital investment and is used as a reference for investment decisions.

  • Our carbon neutral promotion strategy

Creating Value from a Long-Term

Review of product strategy

Perspective by Reducing GHG

Reducing unit energy consumption

Development of environmentally

conscious technologies

Use of Renewable Energy

Visualization of GHG emissions that

Improve accuracy of GHG control

can be utilized

Introduction of ICP

*GHGGreen House Gas

  • Contacts
    ADEKA CORPORATION
    Publicity Administration group , Legal Affairs Publicity Department E-mail: somu@adeka.co.jp

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Disclaimer

Adeka Corporation published this content on 12 May 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 06 June 2023 10:28:36 UTC.