FUJIFILM Holdings Corporation
updated its environmental targets for Fiscal Year ending March 2031 (FY2030) to accelerate its climate change initiatives from the approaches of “solving social issues through business activities” and “giving environmental and social considerations in business processes.”
The target to reduce Fujifilm Group’s carbon dioxide (CO2) emissions across the entire product lifecycle (from material procurement to product manufacturing, transportation, use and disposal) has been raised from 30% to 45% compared to the FY2013 level.
This target has been certified as being WB2°C (well below 2°C) by the international environmental initiative “Science-Based Targets (SBT) initiative” for being scientifically based to meet the “2°C goal” of the Paris Agreement. The target to contribute to a reduction in CO2 emissions in society by providing low-emissions products and services has been raised from 50 million tons to 90 million tons.
The Fujifilm Group has been providing environmentally conscious products and services by considering environmental impacts in the process of developing these products and services.
The products and services that would significantly reduce environmental impacts are certified as Fujifilm Group “Green Value Products.”
FUJIFILM Holdings introduced a new group-wide target to bring the sales ratio of “Green Value Products” to 60% of the group’s total sales.
FUJIFILM Holdings drew up the “Sustainable Value Plan 2030 (SVP2030)” in FY2017 as a CSR plan to be achieved by FY2030 and has since worked toward it from the approaches of “solving social issues through business activities” and “giving environmental and social considerations in business processes.”
There is a growing awareness that climate change has a significant impact on society even at the level of meeting the Paris Agreement target of keeping global temperature increase attributable to human activities below 2°C above pre-industrial levels.
Amidst this trend, the Fujifilm Group has decided to adopt further climate change measures to revise its emission-related environmental targets upwards.
As part of economic measures implemented in response to the spread of COVID-19, there is a global call to kick-start a green recovery, building a sustainable society through climate actions.
The Fujifilm Group will continue to promote the SVP2030, creating new value through the development of products, services and technologies in an effort to contribute to solving issues in post-COVID-19 society.