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)

Based on the 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, 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. Biodiversity Conservation
4. Introducing internal carbon pricing

• *3 Scope1: Direct emission of greenhouse gases (during fuel combustion, industrial processes) by the business operator, Scope2 : Indirect emissions through the use of electricity and heat/steams supplied by other companies

The Fujifilm Group is actively recycling resources by establishing recycling schemes for used products such as QuickSnap cameras and multifunction devices, as well as recovering silver and other materials from our products to reuse them. We have been promoting our comprehensive efforts in recycling and waste reduction taking account of product life cycles,
such as by ensuring product designs incorporate consideration of the 3Rs (reduce, reuse, recycle), loss reduction in the production stage, collection-reuse-recycle of used products, and converting wastes into valuables or recycling them.

Following the flow of the transition to a global recycling economy, the Fujifilm Group established its Resource Recycling Policy in fiscal 2024. The policy is designed not only to reduce waste in manufacturing, but also to reduce the use of new resources. Our aim is to contribute to preventing exhaustion of the natural resources on the Earth, and shift to better controlled resource consumption by promoting recycling-oriented product design.

Based on this policy, we are minimizing the usage of resources from new mines and promoting resource recycling by expanding policy coverage to the entire product life cycle (from materials procurement, manufacturing, and usage,through to disposal) in addition to the current target “waste reduction in manufacturing.” We plan to revise the current resource recycling indices, which are “Rate of waste reduction,” “Recycling index,” and “Valuables conversion index.” We will also set new indices to further reduce usage of resources from new mines particularly in the businesses where resource recycling is seen as a critical issue.

FUJIFILM Business Innovation has already established the Closed Loop Recycling System in the area of office solution business. The company newly set a target of “natural resource input ratio of 60% or less” in fiscal 2024 to further expand usage of recycled components and materials.

• *4 Recycling index = (Recycled volume + Valuable-converted volume) / Simple disposal volume
• *5 Valuables conversion index = Valuable-converted volume / Recycled volume
• *6 Mines for non-renewable oil and mineral resources
• *7 Non-renewable mined resources, such as oil and minerals
• *8 The index refers to resource intensity per new resource usage (e.g. sales / newly mined resource usage)

Since its establishment, the Fujifilm Group has been keenly aware of the benefits that nature bestows on us in all of our business activities, as well as of the impact our businesses have on nature. This is why we emphasize the importance of protecting biodiversity and the environment. In contributing to building a sustainable society through our business activities, we believe that a nature-positive attitude (preventing loss of ecosystems and restoring them) is a priority social issue and have set out policies that will serve as the basis of this belief. We are engaged in a range of activities in line with these policies.

The following initiatives are being implemented for fiscal 2024.

• Conservation of water resources:
  Revision of targets to focus water conservation efforts on water-stressed areas (new targets to be established in fiscal 2024) 
• Disclosure of information in compliance with TNFD^*9 recommendations:
  Release of TNFD reports 
• Continued commitment to nature conservation activities:
  Biodiversity surveys of company sites and owned forests

• *9 Taskforce on Nature-related Financial Disclosures

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.