Environment
CO2 Reduction Initiatives
GHG Emission and Reduction Targets
SMC is promoting various initiatives to reduce GHG emissions through own activities. We have completed the compilation of data on Scope 1, 2 and 3*1 emissions covering the entire group*2 based on the GHG Protocol, international standard, and after anticipating increases in future sales and the scale of manufacturing, we have compiled concrete measures to formulate medium- to long-term targets*3 to reduce absolute amount of GHG emissions. For the accuracy and reliability of the compiled data, a third-party verification is received from LRQA Limited. In addition, the GHG reduction target for the medium-term (by 2030) has been validated by the international organization, SBTi (Science Based Target initiative).
- *1 Scope 1: CO? emissions produced by the Company's own fuel consumption.
Scope 2: CO? emissions produced through the consumption of energy supplied by other companies.
Scope 3: Indirect CO? emissions from business activities, such as raw material purchases, product deliveries, and energy consumption when customers use our products. - *2 The 34 locations, which include sales locations, mass production locations, and major distribution centers, make up more than. 95% of consolidated external net sales.
- *3 Reduction targets to meet the demand of SBTi's 1.5℃ scenario with FY2021 as the base year.