Fuji Electric Co, Ltd. is pleased to announce the validation of its greenhouse gas reduction targets for 2030. The green light was given by the Science Based Targets (SBTi) initiative. Their targets have been recognized as scientifically consistent with the Paris Agreement's 1.5°C target.
The Science Based Targets initiative (SBTi) is a notable partnership. It was created in collaboration between UNGC (United Nations Global Compact), CDP, WRI (World Resources Institute) and WWF (World Wide Fund for Nature).
Concerning the COP26 summit, this is the 26ᵉ session of the Conference of the Parties to the United Nations Framework Convention on Climate Change. In December 2021, the 197 countries and regions present reached agreement. The agreed objective is to limit the increase in global temperature to 1.5°C above pre-industrial levels.
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 innovation in the energy and environment business.
Fuji Electric formulated its Environmental Vision 2050 in 2019 to direct its environmental activities in the long term. Following the agreement on the 1.5°C target at COP26, in March 2022, the company raised the FY2030 goals in its Environmental Vision 2050.
Our targets for greenhouse gas emissions reduction validated this time have been set on the basis of the FY2030 goals (a reduction of more than 46% from FY2019).
Fuji Electric contributes to the reduction of CO2 emissions by providing clean and green energy solutions for all industrial instrumentation: pressure measurement, flow measurement, level measurement, temperature measurement, temperature controlgas analysis, radiation protection equipment. This includes installations such as geothermal and hydroelectric power plants.
In addition, Fuji Electric offers electronic components and energy-saving equipment and systems. These include inverters, variable frequency drives, atmospheric gas analysis cabinets, energy meters and energy management systems.
We are committed to reducing greenhouse gas emissions. This applies to our internal production activities (scope 1+2), where we aim to minimize our carbon footprint.
We are also aware of our responsibility throughout the supply chain (scope 3). From purchasing materials to shipping products, we work to reduce emissions.
Our commitment doesn't stop with delivery. We also aim to minimize emissions after delivery. Our ultimate goal is to contribute to a low-carbon society.
