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 facilities:Our group plants and research laboratories
・Application method:ICP 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
*GHG:Green House Gas
Contacts
ADEKA CORPORATION
Publicity & Administration group , Legal Affairs & Publicity Department E-mail: somu@adeka.co.jp
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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.
ADEKA CORPORATION is a Japan-based company mainly engaged in the manufacture and sale of chemical products and food ingredients. The Company operates through three business segments. The Chemicals segment manufactures and sells resin additive products such as flame retardants; information and electric chemical products such as ultrapure semiconductor materials, light curing resin and others; functional chemical products such as additives, fire retardant, interfacial active agents and kitchen cleaning agents and others. The Life Sciences segment manufactures and sells agricultural chemicals, pharmaceuticals, quasi-drugs, veterinary medicines, wood medicines, and medical materials. The food segment manufactures and sells margarines, fats and oils for chocolate and others. The Company is also involved in the equipment plant design, construction and construction management, equipment maintenance, logistics, warehousing, leasing of vehicles, real estate, insurance agency and others.