Brother Industries : Becomes the First Company in the Chubu Region to Have CO2 Emissions Reduction Targets Approved by the "Science Based Targets Initiative"
July 24, 2018 at 10:08 pm EDT
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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
[Scope 1, 2] Reduce CO2 emissions by 30% from the FY2015 level
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
[Scope 3] Reduce CO2 emissions by 30% from the FY2015 level
Develop more resource-saving, energy-efficient Brother products, promote resource recycling
Change in CO2 emissions in the whole Brother Group value chain
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Brother Industries Ltd. published this content on 25 July 2018 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 25 July 2018 02:07:06 UTC
Brother Industries Ltd is a Japan-based company mainly engaged in the manufacture and sale of office equipment and supplies. The Company operates in six business segments. The Printing and Solutions segment manufactures and sells communication and printing equipment like printers, multifunction devices and electronic stationery, among others. The Personal and Home segment is engaged in the manufacture and sale of household sewing machines. The Machinery segment manufactures and sells industrial sewing machines, garment printer, machine tools, reducers and gears, among others. The Network and Contents segment is involved in the manufacture, sale and service of commercial karaoke equipment, as well as the provision of contents delivery services. The Domino segment is engaged in the manufacture and sale of industrial printing equipment. The Others segment is involved in the real estate business.
Brother Industries : Becomes the First Company in the Chubu Region to Have CO2 Emissions Reduction Targets Approved by the "Science Based Targets Initiative"