In our previous five-year plan, we worked to reduce production volume intensity by 5% over five years. Although we achieved a 5% reduction in CO2 emissions, we did not achieve our electricity consumption target. Conventional activities to achieve targets will not meet the emissions reductions required by the Paris Agreement. We decided that aggressive targets aimed at 2030 are needed in our future initiatives to reduce CO2 emissions.
● CO2 emissions reduction: five-year plan and evaluation
Year set | 2015 | Evaluation |
Starting fiscal year Evaluation - Target fiscal year | FY2015 - FY2019 | |
Reduction target | 5% reduction compared to FY2014 by FY2019 (1) Electric power consumption production volume intensity (kwh/million yen) (2) CO2 emissions production volume intensity (t-CO2/million yen) |
Not achieved Achieved |
Environmental Targets:
New Five-Year Plan
In fiscal year 2020, we proceeded with a new five-year plan based on our own reduction targets. However, we revised our reduction targets following the announcement by the Japanese government on April 22, 2021 that it would raise its fiscal year 2030 greenhouse gas reduction targets. We will extend our target fiscal year by one year and reduce CO2 emissions by 35% compared to fiscal year 2018 by the end of fiscal year 2025.
This target is a number that we cannot achieve simply by conserving electricity. Accordingly, we are making reductions in our electricity usage by adopting the use of electricity derived from renewable energy and low-carbon electricity, switching to high-efficiency equipment, and other means.
● CO2 Emissions reduction: New five-year plan and progress
Year set | 2020 → Revised 2021 | FY2020 Performance |
Starting fiscal year - Target fiscal year | FY2020 - FY2025 | |
Benchmark emissions Reduction target |
35% reduction compared to FY2018 by FY2025 12,312 (t-CO2) 8,003 (t-CO2) |
9,524 (t-CO2)
(23% reduction) |