Fuji Electric Co, Ltd. is pleased to announce that for the fifth year running, it has been included on the CDP's A list. This list recognizes companies that are pioneers in climate change action and environmental transparency. It achieves the highest ranking of the CDP (Carbon Disclosure Project).
Fuji Electric’s corporate philosophy is to contribute to prosperity, encourage creativity and seek harmony with the environment. As stated in its management policies, the company is committed to contributing to the creation of a responsible and sustainable society through its energy and environmental business.
The intent of Fuji Electric's Environmental Vision 2050 which determines the direction of the company’s long-term environmental activities, is for Fuji Electric to work toward achieving:
As part of its efforts to combat climate change, Fuji Electric is working to reduceCO2 emissions. The company supplies equipment related to clean energy (geothermal and hydroelectric power plants), and power semiconductors, as well as energy-saving equipment and systems, such as inverters, power regulators and variable frequency drives.
In addition, Fuji Electric has introduced energy-saving equipment such as energy management systems, inverters and high-efficiency air-conditioning systems manufactured at its plants.
To combat greenhouse gases other thanCO2, measures are taken to reduce and find substitutes for gases with a high global warming potential.
In this way, the company encourages the reduction of greenhouse gas emissions in production activities.
In FY 2021, following the agreement on the 1.5°C target at the Paris Agreement and COP26, the company raised the FY2030 Goals in its Environmental Vision 2050 to the 1.5°C level.
Fuji Electric determined the total amount of greenhouse gas emissions in FY2019, the base year for the FY2030 Goals, to revise the Goals.
These new goals are :
Greenhouse gas emission reduction targets based on these missions have been validated by the Science Based Targets (SBTi) initiative, and Fuji Electric obtained SBT validation in December 2022.
The Carbon Disclosure Project ( CDP ) is an international non-profit organization whose main activity is to promote environmental measures by requiring companies and local governments to disclose information on their environmental measures for climate change, water security and forest conservation etc., based on requests from institutional investors and major purchasing organizations around the world with high levels of interest in environmental issues.
