As a global company responsible for the environment, we will endeavor through all areas of our activities to achieve the sustainable development of society wherein human prosperity and the environment co-exist harmoniously.
In February 2021, Sumitomo Rubber Industries released its Carbon Neutrality Declaration, thereafter launching initiatives to reduce CO2 emissions from factory operations by 55% by 2030 and reduce such emissions to net zero by 2050.
In line with the Sumitomo Rubber Group’s Long-Term Sustainability Policy: “Driving Our Future Challenge 2050,” we verify results achieved thus far against targets specified under this policy and then formulate targets for the upcoming fiscal year.
Here, we present targets and results for each item.
Targets under the Long-Term Sustainability Policy | PLAN Fiscal 2022 Target |
DO Fiscal 2022Activity Results |
CHECK Self-Assessment |
ACTION Fiscal 2023 Target |
|
---|---|---|---|---|---|
Carbon Neutrality | |||||
|
|
6% reduction in CO2 emissions compared to 2017 levels | 15% reduction compared to 2017 levels | 100% or more | 6% reduction compared to 2022 levels |
|
|
Formulate Scope 3 reduction targets | Assessed emission volumes to identify reduction targets for Scope 3 emissions | 75% | Establish targets by the end of 2023 |
|
|
Introduce hydrogen boilers at the Shirakawa Factory (Fukushima Prefecture) | Completed the installation of hydrogen boilers at the Shirakawa Factory (Fukushima Prefecture) | 100% | Initiate the mass-production of tires manufactured via a carbon neutral process in terms of CO2 emissions |
Confirm issues associated with the around-the-clock operation of hydrogen boilers | |||||
Water Resources | |||||
|
|
Maintain 100% water recycling rate at the Turkey Factory | Maintained the 100% water recycling rate at the Turkey Factory | 100% | Specify bases with high water security risks and formulate plans to address such risks |
Discussed methods for assessing water risks |