To address climate change even more efficiently, the Company has established greenhouse gas reduction targets for 2030 and obtained certification from the international environmental organization “SBT Initiative” in November 2021. Furthermore, in June 2024, together with DMG MORI AG in Germany, the Company obtained the “Net-Zero” target certification from SBTi. This SBTi-certified target aims for a 46.2% reduction in Scope 1 and Scope2 emissions, and a 27.5% reduction in Scope3 emissions by 2030 compared to the levels in 2019. The Company’s long-term target by 2050 is a 90% reduction in total emissions from Scope1 to Scope3.

Reduction Targets for Greenhouse Gas (CO₂) Emissions

The Company will strive to achieve the SBTi-approved Net-Zero emissions targets by 2050, in line with the 1.5℃ trajectory. Our definition of “Net-Zero” is consistent with the SBT initiative, which requires companies to set reduction targets based on the 1.5℃ target and to neutralize residual emissions through carbon removal.

Actual carbon footprint results and progress against carbon footprint reduction targets accredited by SBT

Carbon footprint trend (compared to carbon footprint reduction targets accredited by SBT)