SEKISUI CHEMICAL Named to the CDP A List in Both Climate Change and Water Security
SEKISUI has been awarded a place on the Climate Change A List and Water Security A List by the international non-profit environmental organization CDP. This is the third consecutive year that SEKISUI CHEMICAL has been awarded a place in the Climate Change A List and the first time in the Water Security A List.
CDP is an international non-profit organization that drives companies and governments to reduce greenhouse gas emissions, safeguard water resources, and protect forests. In 2020, companies were requested to disclose their environmental data by over 515 investors and about 150 purchasing organizations. CDP collects and assesses this data and scores companies from A to D- based on how they are tackling climate change, deforestation and water security. Of more than 5,800 companies that were covered in the 2020 survey, 53 Japanese companies including SEKISUI CHEMICAL were named in the Climate Change A List, 30 in the Water Security A List and 17 were named in both categories.
In April 2020, the SEKISUI CHEMICAL Group announced its long-term vision "Vision 2030" and its vision statement titled "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”’. In order to achieve this vision statement, the Group plans to expand contributions toward resolving social issues through “business growth, reform and creation centered on ESG management.”
In August 2020, the SEKISUI Environment Sustainability Vision 2050 was formulated to refine the Group's direction in addressing environmental issues with a view of 2050.
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, the 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 by contributing toward resolving local water issues through products to enhance sustainability and collaboration with the parties in watersheds where our sites are located.