SEKISUI CHEMICAL CO., LTD. (President and Representative Director: Keita Kato; hereinafter, “SEKISUI CHEMICAL”) has been awarded a place on the Climate Change A List and Water Security A List by the international non-profit environmental organization CDP on December 7, 2021. This is the fourth consecutive year that SEKISUI CHEMICAL has been awarded a place in the Climate Change A List and the second consecutive year in the Water Security A List.
CDP is an international non-profit organization that drives companies to disclose environmental information, reduce greenhouse gas emissions, safeguard water resources, and protect forests. In 2021, over 590 institutional investors and over 200 major purchasing companies around the world requested the disclosure of environmental information through CDP’s platform, obtaining replies from approximately 13,000 companies and approximately 1,100 local governments.
In its long-term vision “Vision 2030” for the period until FY2030, SEKISUI CHEMICAL Group states its vision statement as “Innovation for the Earth: In order to realize sustainable society, we support the basis of LIFE and will continue to create ‘peace of mind for the future.’” The Group is focusing on ESG management to improve social sustainability while at the same time achieving profitable growth by the Group.
In dealing with climate change issues, the goal is to build a decarbonized society. SEKISUI CHEMICAL has set a long-term target of zero greenhouse gas emission from business activities by 2050, and aims to switch to 100% renewable energy for purchased electricity by 2030 based on backcasting.
In the area of resolving water risk issues, SEKISUI CHEMICAL Group plans to minimize the impact of water risk on the Group in order to ensure sustainable business operation as well as minimize the water risk caused by the Group in order to preserve biodiversity. Through such activities, the Group intends to generate positive return on the natural capital used in its business activities and contribute toward resolving local water issues through products to enhance sustainability and collaboration with the parties in watersheds where our sites are located.
About SEKISUI CHEMICAL Group
Headquartered in Japan, SEKISUI CHEMICAL CO., LTD. (TSE: 4204) and its subsidiaries make up the SEKISUI CHEMICAL Group. 27,000 employees in over 200 companies throughout 21 countries and regions aim to contribute to improving the lives of the people of the world and the earth’s environment. Thanks to a history of innovation, dedication and a pioneering spirit, SEKISUI CHEMICAL now holds leading positions in its three diverse business divisions as well as top global market share in interlayer film, foam products, conductive particles and more.
Since its foundation in 1947, the SEKISUI CHEMICAL Group has dedicated itself to social and environmental contribution and is now an internationally recognized leader in sustainability and environmental initiatives, having recently been selected as one of the Global 100 most sustainable companies. SEKISUI CHEMICAL Group will continue to maintain a strong corporate presence for 100 years and beyond.
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This press release may contain forward-looking statements. Such forward-looking statements are based on current expectations and beliefs and are subject to a number of factors and uncertainties that could cause actual results to differ materially from those expressed or implied by such statements due to changes in global economic, business, competitive market and regulatory factors.