Our Long-Term Vision for Combatting Global Warming
In addition to reducing the environmental impact of our own business activities and of our supply chain, and drawing upon the technologies and know-how obtained by doing so, the azbil Group will make use of its measurement and control technology to find solutions to the environment-related problems faced by our customers. In doing so, we will help to preserve the environment through our core businesses.
We set our environmental agenda and advance our environmental initiatives with an awareness of related global developments, including the U.N.’s adoption of Sustainable Development Goals (SDGs) and the entry into force of the Paris Agreement. In particular, we view response to the global warming crisis as a most important issue, and we aim for a low-carbon society.
In June 2023, a commitment letter was submitted to SBTi for application within two years to set a net zero target for 2050 for all CO2 emissions (scopes 1+2+3).
Our 2050 Long-Term Vision for Reducing Greenhouse Gas Emissions
We will continue to reduce CO2 emissions at our customers’ sites as a part of our business, and also work to reduce the environmental impact of our entire supply chain.
For greenhouse gas (GHG) emissions (Scopes 1 + 2) from our business activities, we aim to achieve substantially zero emissions by FY 2050.
In addition to further developing and strengthening energy-saving measures within the azbil Group, we will promote the use of a higher percentage of renewable energy, including the introduction of solar power, and also consider new measures.
Our 2030 Targets for Reducing Greenhouse Gas Emissions
The azbil Group’s 2050 Long-Term Vision for Reducing GHG*1 Emissions aims to cut GHGs emitted from our business activities (scopes 1+2)*2 to substantially zero by 2050 with the ultimate aim of achieving a carbon-neutral society. To achieve this long-term vision, we have set medium-term 2030 GHG Emission Reduction Targets for our business activity and we are working on measures to cut CO2 emissions across our entire supply chain.
Seeing the rapidly building momentum to create a decarbonized society, the azbil Group revised its target of reducing GHG emissions through business activities from the previous 30% (from a 2013 base year) to 55% (from a 2017 base year). The new target was again approved by the Science Based Targets initiative*3 as meeting the requirement for achieving the organization’s goal of keeping global temperature increase below 1.5 degrees Celsius compared with pre-industrial levels. The azbil Group’s targets for reducing GHG emissions by 2030 was recognized as meeting the requirements of the international community and align with the Paris Agreement, thus allowing the Group to further accelerate efforts to achieve carbon neutrality. To accomplish its goal, the azbil Group will strengthen efforts in testing and applying energy-saving technology cultivated at the various business segments as well as proactively use renewable energy.
- Reduce GHG emissions from business activity (scopes 1+2) by 55% compared to 2017 [Recertified in August 2021].
- Reduce GHG emissions from the entire supply chain (scope 3)*2 by 20% compared to 2017 [Certified in May 2019].
*1. A general term for gases in the atmosphere that cause a “greenhouse effect” by absorbing part of the infrared radiation emitted from the earth’s surface
*2. Greenhouse gas scopes are as follows.
Scope 1: direct GHG emissions from a business (from burning fuel and industrial processes)
Scope 2: indirect GHG emissions from the use of electricity, heat, or steam provided by another business
Scope 3: indirect GHG emissions related to business activities (emissions not included in Scopes 1 and 2)
*3. The SBTi is a collaboration between the CDP, World Resources Institute, World Wide Fund for Nature, and United Nations Global Compact, and helps corporations achieve science-based targets (SBT) for reducing GHG emissions that keep global temperature increase below 1.5 degrees Celsius compared with pre-industrial levels (their previous aim was to keep the increase well below 2 degrees Celsius). As of August 2021, about 120 corporations in Japan have been approved by the SBTi, with that number increasing at an accelerating rate compared with the rest of the world.
- Overall of Environmental Initiatives
- Contributing to the environment through our core businesses
- Reducing the environmental impact of our own business activities