CDP2023 Assessment Results and Greenhouse Gas Reduction Initiatives

Fuji Seal Group is committed to addressing climate change, marine plastic issues (biodiversity), and resource depletion as important issues. We contribute to the environment thorough our products and services and are working to reduce our impact during manufacturing. In order to objectively assess the status of these efforts and link them to the next level of improvement, we underwent another CDP evaluation for FY2023. The results of the CDP 2023 evaluation and our efforts to reduce greenhouse gas emissions are presented below.

■ CDP

Fuji Seal International, Inc. received a Management Level "B" rating in "Climate Change" and "Water" under CDP 2023.

CDP2023 evaluation results

What is CDP ？

CDP is a non-governmental organization (NGO) established in the U.K. in 2000, which operates a global information disclosure system for investors, companies, cities, nations, and regions to manage their environmental impacts. Its disclosure system has received responses from more than 8,000 companies and is known as one of the most influential data sources used by more than 650 investment institutions and 115 major purchasing companies.

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【CDP website】

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■Greenhouse Gas (GHG) Emissions Trends and Reduction Efforts

Our materiality is focused on action to create value, which is specified in our Environmental Vision, but we are also devoting efforts to action to protect value. Fighting climate change is an important challenge common to humanity. FSG also positions it as a priority issue to be tackled.

In FY2020, FSG began to use renewable energy in the Americas and the ASEAN, following Europe and Japan. This measure has required us to procure a total of 6,461 MWh of renewable energy (3.5% of our total electricity consumption) in the four regions where we have manufacturing sites, resulting in the first step taken in each region to reduce CO2 emissions while pursuing business expansion. In Japan, The Tsukuba Plant renewed two once-through boilers and reduced CO2 emissions by 164.09 t/CO2 per year. In overseas, the renewal of an oxidizer in France contributed to a reduction of 283.10 t/CO2 per year. In January 2024, the German plant switched all of its purchased electricity to 100% renewable energy origin.

This is expected to result in an annual reduction of approximately 911tCO2. At the same time, the Tsukuba Plant in Japan began operating solar panels of a total area of 1,289 m2, which are self-owned and self-consumed, and are expected to reduce CO2 emissions by approximately 150 tCO2 per year.

Based on the evaluation by CDP, We will continue to reflect the results in our management strategies for the transition to a low-carbon society.

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Fuji Seal International Inc. published this content on 26 March 2024 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 26 March 2024 04:43:08 UTC.