Azbil Recognized by CDP as Supplier Engagement Leader, the Highest Designation in the Supplier Engagement Rating

TOKYO, February 25, 2022: Azbil Corporation (Tokyo Stock Exchange code 6845) announced that it has been named by the nonprofit environmental organization CDP as a Supplier Engagement Leader, the highest CDP Supplier Engagement Rating. This recognition follows Azbil’s “A List” rating in December 2021 for combating climate change and “A?” for water security.

CDP Supplier Engagement Rating

The Supplier Engagement Rating assesses the extent to which companies effectively cooperate with suppliers to resolve climate change problems from the viewpoint of governance, targets, GHG emissions in the overall supply chain (scope 3), and value chain engagement. In 2021, more than 500 companies (including 105 Japanese companies), which is the top 8% of the approximately 6,300 companies assessed, were selected globally as Supplier Engagement Leaders for their excellent efforts in tackling climate change throughout their supply chain.

As one of its unique SDG-related goals,*1 the azbil Group has set a target of reducing GHG emissions (scope 3) by 20% compared with 2017 (a goal approved by the Science Based Targets initiative [SBTi]*2).

In other measures to address climate change, the azbil Group, based on the idea of environment-integrated management, is tackling global warming through a wide range of action, including energy-saving initiatives that make use of Azbil’s systems and equipment. The azbil Group’s SBTi-approved environmental targets aim to keep global temperature increase below 1.5 °C compared with pre-industrial levels. In addition, the Group supports recommendations by the Task Force on Climate-related Financial Disclosures (TCFD) and on that basis discloses information on governance, strategy, risk management, metrics and targets.

Furthermore, as its unique contribution, the Group offers automation-related products, services, and solutions that help its customers to reduce CO2 emissions at their places of business. By 2030, the Group aims to achieve CO2 reduction*1 of 3.4 million metric tons per year.

Based on its philosophy of “human-centered automation,” the azbil Group strives to fulfill its 2050 long-term vision for reducing greenhouse gas emissions from its own business activities to substantially zero while also making contributions “in series” to the achievement of a sustainable society, thereby promoting the Group’s medium-to-long term development and continuous increase in enterprise value.

About CDP
CDP is a global non-profit that runs the world’s environmental disclosure system for companies, cities, states and regions. Founded in 2000 and working with more than 590 investors with over $110 trillion in assets, CDP pioneered using capital markets and corporate procurement to motivate companies to disclose their environmental impacts, and to reduce greenhouse gas emissions, safeguard water resources and protect forests. https://www.cdp.net/en

※1 The azbil Group’s goals for the SDGs
The azbil Group has established and is undertaking the “Essential Goals of azbil Group for SDGs,” which are four concrete targets (Environment and Energy; New Automation; Supply Chain and Social Responsibility; and Health and Well-Being Management and An Organization That Never Stops Learning) that the Group is continuously reevaluating and improving. The targets for reducing GHG emissions are as follows.
• Reducing CO2 at customers’ sites (by 2030): 3.4 million metric tons/year
• Reducing GHG emissions from business activities (scopes 1+2): 55 % (from a 2017 base year)
  (reapproved in August 2021 by the SBTi to match their goal of 1.5 degrees Celsius)
• Reducing GHG emissions across the Group’s supply chain (scope 3): 20 % (from a 2017 base year)
  (approved in May 2019 by the SBTi)
※2 The SBTi is an international organization jointly established by the CDP, the World Resources Institute, the World Wide Fund for Nature, and United Nations Global Compact, and certifies companies’ targets for reducing CO2 emissions as having a scientific basis.

* Posted information is accurate as of the date of announcement.


Contact

For media inquiries
Robert Jones / Mikako Takahashi
Public Relations Section, Azbil Corporation
Phone: +81-3-6810-1006 Email: publicity@azbil.com