Brother Became the First Company in the Chubu Region to Have CO2 Emissions Reduction Targets Approved by the "Science Based Targets Initiative"
July 25, 2018
Brother Industries, Ltd.
Brother Industries, Ltd. (President: Ichiro Sasaki) announces that its mid-term targets for CO2 emissions reduction set out in the "Brother Group Environmental Vision 2050" have been approved by the international environmental initiative "Science Based Targets initiative"*1 as the science-based reduction targets for achieving the Paris Agreement's goal of limiting global warming to well below "2 degrees Celsius."
The Brother Group identifies CO2 emissions reduction as one of the priorities in the "Brother Group Environmental Vision 2050," a long-term environmental vision towards 2050. The mid-term targets for CO2 emissions reduction, which were recognized as science-based targets this time, were set based on the view that worsening worldwide climate change is a serious social challenge and a business risk for the Brother Group that need to be addressed continuously for years. The Group's reduction targets have been expanded to include CO2 emissions from its value chain that account for more than 90% of its total CO2 emissions (Scope 3*4) in addition to CO2 emissions from office activities (Scope 1*2 and 2*3), which the Group has already been addressing. Focusing on these scopes, the Brother Group contributes to preventing climate change.
The Brother Group will take various approaches continuously to contribute to resolving global environmental issues towards the establishment of a sustainable society.
Mid-term targets and main approaches for reducing CO2 emissions
|Mid-term targets by FY2030||Main approaches to reduce CO2 emissions|
||Reduce solvents containing greenhouse gases in production processes, promote energy-saving activities (the introduction of highly efficient devices, etc.) in business facilities, use renewable energy sources|
||Develop more resource-saving, energy-efficient Brother products, promote resource recycling|
Change in CO2 emissions in the whole Brother Group value chain
- This initiative was established, and is run, by four organizations, including CDP, World Resources Institute (WRI), the World Wide Fund for Nature (WWF), and the United Nations Global Compact, to promote science-based greenhouse gas emissions reduction targets for keeping global temperature increase below 2 degrees Celsius compared to pre-industrial temperatures.
- Direct greenhouse gas emissions by business operators
- Indirect greenhouse gas emissions resulting from the use of electricity, heat, and steam supplied by other entities
- Indirect greenhouse gas emissions other than Scopes 1 and 2 (emissions by other entities in connection with business operators' activities)