Use of Natural Capital
As a Group that conducts business using natural capital, SEKISUI CHEMICAL Group undertakes initiatives aimed at reducing environmental impact, to achieve both environmental preservation and sustainable business. In addition to reducing greenhouse gases, introducing renewable energy, and analyzing risks and opportunities related to climate change, the Group is moving forward with such efforts as resource recycling and protection of water resources.
Initiatives to Reduce its Impact on the Environment
SEKISUI CHEMICAL Group is engaged in businesses that use fossil fuels, lumber, and other resources of the earth (natural capital).
To balance conservation of the irreplaceable global environment and sustainable business, we are working to reduce the impact on the environment.
From fiscal 2020, we have been expanding the scope of our efforts to include the supply chain and strengthen our lifecycle management, including the supply chain, with the aim of resolving environmental issues.
Climate ChangeIn response to the urgent global need to address the issue of climate change, SEKISUI CHEMICAL Group is working to reduce not only its own greenhouse gas emissions, but also those of its entire supply chain, from the procurement of raw materials to the transportation and use of its products.
Based on the Long-term Vision launched in fiscal 2020, we are focusing on expanding the use of renewable energy and more clearly communicating our policies of contributing to global warming countermeasures through our business activities. At the same time, we are accelerating efforts to achieve carbon neutrality by 2050.
Realizing Resource RecyclingSEKISUI CHEMICAL Group strives to thoroughly implement the 3Rs (reduce, reuse, and recycle) throughout the entire lifecycle of its products and to achieve zero waste emissions from its business sites. In addition to continuing these activities going forward, we will promote recycling, including resource conversion centered on plastic raw materials (use of non-fossil and renewable materials) and the development and social implementation of waste recycling technologies, in a bid to realize a circular economy and a recycling-oriented society in 2050.
Reducing Water-related RisksWater resources are natural capital that is indispensable to the continuation of business, and at the same time are also natural capital shared by the community.
Up to fiscal 2019, the entire Group has focused on reducing water intake volume and the environmental impact attributable to water drainage. However, the situation and challenges of water resources are highly localized and contradictory to working toward a uniform global goal.
In addition to the activities undertaken to reduce environmental impact by cutting back water intake volume as well as water discharge from fiscal 2020, we are examining our business activities with the use of water in a sustainable manner as a shared regional resource uppermost in our mind after identifying the risk that our ongoing business will have on the water resources located in close proximity to our business sites.
Chemical Substance ManagementWe believe that properly managing chemical substances while taking into consideration product safety, occupational safety and health, as well as environmental impact is an important responsibility of any company. SEKISUI CHEMICAL Group has set its own targets for reducing the emission and transfer of chemical substances and is working to comply with global laws and regulations on an ongoing basis.
Environmental Impact AssessmentWith the aim of understanding and minimizing the impact of products and services on the global and social environment, we will continue to assess the environmental impact of our products at each stage of product planning, development, mass production trials, market launch, and initial distribution.