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CSR activity report│Environment│Address Climate Change (Priority Issue 1)

Climate Change Collaboration with Third-Party Organizations

1.Participating in Climate Change Initiatives

The Fujifilm Group participates in the following climate change initiatives to endorse and support their activities.

(1) Japan Climate Leader’s Partnership (JCLP)

A coalition of Japanese companies that aim to build a sustainable decarbonized society, established in 2009. We became a partner in May 2018.

Activities/Achievements
  • In July 2020, we gave a presentation, "The Fujifilm Group's Procurement of Renewable Energy," at a seminar held by the organization. The presentation introduced our renewable energy usage practices and our electricity and fuel strategy toward decarbonization.
(2) Japan Climate Initiative (JCI)

Established in July 2018 as a voluntary network to reinforce communications and exchange opinions among companies, local governments, NGOs, and other organizations that are actively working for climate change. We joined the initiative in 2018.

Activities/Achievements
  • In June 2020, as a JCI member, we participated in an opinion exchange session with the Minister of the Environment toward Green Recovery at the COVID-19 pandemic. We appealed for the need to support technological development and infrastructure building toward fuel decarbonization, which is critical in the chemical industry.
  • In January 2021, as one of 93 corporate members, we published a message calling for the Japanese government to raise its 2030 renewable energy target to 40–50% in the 6th Strategic Energy Plan.
  • In April 2021, JCI submitted a statement to request the Japanese government to raise its emission reduction target from 26% (at that time) to a more ambitious level, one that better represents Japan’s responsibility as a leading economy and is more aligned with the European Union’s target of 55% and 50% for the United States. At the press conference related to the statement, we announced our endorsement of the JCI message along with our own efforts toward reducing climate change.
(3) Task Force for Climate-related Financial Disclosure (TCFD)

An organization that advises corporations to disclose their financial information concerning climate change risks and opportunities. We announced our endorsement of the TCFD recommendations in December 2018.

Activities/Achievements
  • Joined the TCFD Support Project by the Ministry of Environment in 2019.
  • Joined the TCFD Consortium in 2019.
  • Started disclosing environmental analyses and information based on TCFD recommendations in our Sustainability Report 2019.
(4) RE100

An international initiative of corporations that are committed to 100% renewable electricity for their business operations. We joined the organization in 2019.

The deadlock for achieving decarbonization in chemical indstry

The chemical industry requires high temperature steam heat. It is extremely difficult to replace this energy with renewable energy using currently available technology. In our case, CO2 emissions from such high temperature heat usage accounts for almost 50% of the CO2 emissions from the energy used in our manufacturing processes. We are aware that acceleration of technological innovation is indispensable toward the decarbonization of electricity and energy, not only within our companies but across society as a whole. For this reason, we join the RE100 setting our renewable energy usage target in 2019 and a target date of 2050 to achieve zero CO2 emissions, combining the renewable energy usage and replacement with fuels without CO2 emissions, such as hydrogen. In 2021, we brought forward our renewable energy usage target by ten years, stating “convert to 100% renewable energy by fiscal 2040.” We continue seeking all possible solutions, working together with other companies to help break the deadlock in converting to renewable energy in the chemical industry.

(5) Science Based Targets initiative: SBTi

A partnership among the World Wide Fund for Nature (WWF), CDP (former Carbon Disclosure Project), United Nations Global Compact, and the World Resources Institute (WRI). They recommend corporations to set science-based CO2 emissions reduction targets restricting the global average temperature rise to 1.5°C above pre-industrial levels.

Activities/Achievements
  • In 2017, we announced our reduction targets and obtained the SBT 2°C target approval.
  • In 2020, we obtained the SBT Well-Below 2°C target approval by presenting our revised targets.
2.Endorsement and Support for Climate Change Policies

The Fujifilm Group announces political requests and endorsements through participating in climate change initiatives and industry organizations.

(1) 2019: Participated in the “Project to support for the Scenario Analysis in Line with the TCFD Recommendations” by the Ministry of Environment.

(2) 2020: Participated in the Ministry of Environment’s project to promote a decarbonized society, “Growing Momentum for Carbon Neutrality–Top Executives Talks about Decarbonization” through our video. The video introduced the Fujifilm Group’s anti-climate change efforts, such as 100% switch to wind energy in FUJIFILM Manufacturing Europe B.V. in the Netherlands in 2016, and setting group targets for renewable energy usage in 2019.

(3) Participating in projects by the New Energy and Industrial Technology Development Organization (NEDO), “Development of Continuous Production and Process Technologies of Fine Chemicals” and “Artificial Photosynthesis Project.” We were listed among the corporations under the Zero Emissions Challenge 2021, which covers companies participating in projects related to the Environment Innovation Strategy, under the Ministry of Economy, Trade and Industry.

(4) Keidanren Carbon Neutrality Action Plan (former Commitment to a Low Carbon Society)
Cross-industrial voluntary efforts by the economic community aiming at carbon neutrality by 2050. The plan is designed to encourage corporations to create their carbon neutrality visions and monitor their progress by undertaking assessment. We participated in the plan through the Japan Chemical Industry Association by reporting progress in CO2 emissions reduction and energy-saving measures.

Examples of our concrete measures
  • We are working to reduce CO2 emissions by continuing our pursuit of efficient energy usage in manufacturing processes, begun in the 1990s, and a gradual switch to low carbon fuels, such as natural gas, since the 2000s.
  • The manufacturing industry tends to aim at optimization of energy efficiency toward a set CO2 emission per unit target. However, we decided to set an absolute reduction target determined from the base year to achieve business expansion and emissions reduction at the same time.