IBIDEN Sets Mid- and Long-Term Objectives to Achieve Environmental Vision 2050
March 31, 2021 | IBIDENEstimated reading time: 1 minute
IBIDEN Co, Ltd. has positioned its actions to address the issue of climate change as a key business challenge and has set greenhouse gas (GHG) emissions reduction targets for FY2030 to accomplish its Environmental Vision 2050.
Pursuing a good balance between future growth strategies centered on the Electronics Operation and actions to address climate change, the newly formulated targets are to reduce GHG emissions intensity by half as well as total emissions by 16 percent within the IBIDEN Group by FY2030, compared with FY2017.
As a new framework, under a conference meeting specializing in actions to address climate change (Chairperson: President), the Green Innovation Promotion Division, which is to be set up in FY2021, and operational divisions will take the initiative. The ESG Promotion Group working in cooperation will send and collect information of a global standard such as the TCFD recommendations. More specifically, the IBIDEN Group will accelerate innovation in manufacturing technologies that enable low carbon operation by introducing internal carbon pricing. In cooperation with its suppliers, the Group will also reduce emissions, convert to low carbon energy, and procure renewable energy to realize GHG reduction.
In addition, the Group will develop technologies and expand businesses which contribute to a decarbonized society through carbon capture and other approaches to reach net zero GHG emissions at the earliest possible stage by the long-term goal of 2050.
Moreover, details of the IBIDEN Group's actions to address climate change including the action results by FY2020 will be published in an Integrated Report to be issued at the end of this September as well as on the Group's ESG web page, to be updated around the same time.
Suggested Items
SMC Korea 2024 to Highlight Semiconductor Materials Trends and Innovations on Industry’s Path to $1 Trillion
04/24/2024 | SEMIWith Korea a major consumer of semiconductor materials and advanced materials a key driver of innovation on the industry’s path to $1 trillion, industry leaders and experts will gather at SMC (Strategic Materials Conference) Korea 2024 on May 29 at the Suwon Convention Center in Gyeonggi-do, South Korea to provide insights into the latest materials developments and trends. Registration is open.
Schweizer Electronic Appoints Thomas Gottwald as New Member of the Executive Board
04/23/2024 | Schweizer Electronic AGThe Supervisory Board of Schweizer Electronic AG has appointed Mr. Thomas Gottwald to the Executive Board as CTO (Chief Technology Officer) for a period of 3 years with effect from 1 May 2024.
Microsoft, Google Join as Sponsors for First-Ever AI Expo for National Competitiveness
04/19/2024 | SCSPThe Special Competitive Studies Project (SCSP), a non-partisan, non-profit project dedicated to strengthening America’s long-term competitiveness in artificial intelligence (AI), announced today two additional sponsors of the AI Expo for National Competitiveness.
Altus Group Celebrates 30 Years of Innovation with Scienscope
04/08/2024 | Altus GroupAltus Group, a prominent distributor of capital equipment within the electronics industry across the UK and Ireland, is pleased to commemorate the 30th anniversary of Scienscope International, a leading supplier of advanced inspection solutions.
Thales Bolsters Homeland Security in Singapore
04/08/2024 | ThalesThales announces the inauguration of the Public Security Centre of Excellence (CoE) and extension of its partnership with HTX (Home Team Science & Technology Agency) to continue driving innovation in homeland security, at Milipol Asia-Pacific–TechX Summit 2024. The new CoE is poised to significantly propel Thales in Singapore as a global hub for border security.