Environment

To achieve sustainable development, the whole of the Fujifilm Group around the world is working on various environmental issues under its Green Policy so that it can also be the leading company in the environmental field. In addition to reducing the environmental impact of our production activities, we are focusing on cutting CO₂ emissions and making effective use of water and other resources across the entire product lifecycle, reaching as far as the use and disposal of our products by our customers. We are also developing products and services that offer outstanding energy-saving and resource saving results that will contribute to reducing the environmental impact for society as a whole. In R&D we are developing new technologies to resolve environmental issues including energy issues.

Compared to 2017, when the Fujifilm Group originally set the SVP 2030 environmental targets, the impact from climate change on society is believed to have increased and the target set in the Paris Agreement, “holding the global temperature rise to less than 2°C over the level before the Industrial Revolution,” may not be sufficient. Therefore, every corporation is required to make greater efforts. The marine plastics problem, which has been attracting social attention, is another priority issue to overcome to shift to a circular society. The important point is increasing resource recycling across various aspects of our business activities and in the products and services that we provide to society. As for chemical safety, the discussion on international targets after 2020 is in progress to further efforts in minimizing the adverse impact on health and the environment from chemical production and usage.

At the same time, the concept of Green Recovery is spreading across the world, which aims to recover economies devastated by the COVID-19 pandemic while adopting climate change countermeasures and building a sustainable society.

Against to this backdrop, the Fujifilm Group has revised upward some target values and set new targets to further contribute to environmental issue solutions. The following sections explain the new targets in each area.

For details of the activities, please see the "Environment" CSR activity report.

• *1 Including phases such as procurement of materials, and manufacturing, transportation, usage and disposal of products
• *2 Direct emission from the company at the manufacturing stage of the product (Scope 1) and indirect emission due to the use of electricity / steam supplied from other companies (Scope 2)

In December 2021, the Fujifilm Group established new climate action targets, raising its CO₂ emissions reduction targets. To achieve these targets, we launched a new Fujifilm Group environmental strategy, “Green Value Climate Strategy,” which includes promoting “Green Value Manufacturing” – a strategy to manufacture with a lower environmental impact, and delivering “Green Value Products” with excellent environmental performance.
With this new environmental strategy and the specific targets set in FY2020, we will continue to address climate change issues and contribute to achieving a zero-carbon future

（1）Reduce CO₂ emissions across the entire product life cycle by 50% (compared to FY2019 levels) by FY2030
　- Equivalent to 65% (compared to FY2013 levels). The original reduction target was 45% (compared to FY2013 levels). 
（2）Reduce CO₂ emissions from its operations by 50% (compared to FY2019 levels) by FY2030 and fully operate on carbon-free energy and achieve net zero CO₂ emissions by FY2040 (ten years ahead of the original target year of 2050)

In December 2021, we launched a new Fujifilm Group environmental strategy, “Green Value Climate Strategy,” which includes promoting “Green Value Manufacturing” – a strategy to manufacture with a lower environmental impact, and delivering “Green Value Products” with excellent environmental performance. Based on these two core strategies, we will implement the following measures.

1. Manufacturing with a lower environmental impact (Green Value Manufacturing)
2. Creation / promotion of products and services with excellent environmental performance (Green Value Products)
3. Adopting business-specific targets in line with the new environmental strategy
4. Introducing internal carbon pricing

Please see the following news release for details of the latest targets.

Since our establishment, the Fujifilm Group has been actively recycling resources, through reducing water usage, recycling and reusing water, recovering and reusing resources (e.g. silver), and establishing a recycling system for multifunction devices and copiers, etc. We are conducting efforts to use resources effectively and reduce waste through measures which take into account the total lifecycle of a product, by considering the 3Rs (reduce, reuse, recycle) in the product design, reducing loss at the manufacturing stage, collecting, reusing and recycling used products, and recycling or converting into valuables.

• *3 Recycling index = (Recycled volume + Valuable-converted volume) / Simple disposal volume
• *4 Valuables conversion index = Valuable-converted volume / Recycled volume

To build the carbon neutral society envisioned under the Paris Agreement, the Fujifilm Group will develop and make available energy-related technologies that use highly functional materials from three aspects: energy creation, energy storage and energy conservation. We continue contributing to renewable energy creation and dissemination through accelerating the introduction and widespread use of renewable energies in society by our technologies.

Because the Fujifilm Group manufactures a wide range of products including chemical products, highly functional materials, optical devices, office equipment, and medical equipment, we have established management rules for each manufacturing process of our products from two perspectives: management of the handling of chemical substances and management of information on chemical substances in our products. We have implemented global operations management across the Group and we have established a system to acquire accurate information on the laws and regulations in each country and region around the world to start a prompt preparation in an early stage. This has allowed us to maintain comprehensive and efficient management of chemical substances.