Furukawa Electric Selected for CDP’s Supplier 遊雅堂 賭け条件gagem遊雅堂 賭け条件t Rating Leaderboard for Second Consecutive Year

- High recognition for initiatives in supply chain gre遊雅堂 賭け条件house gas emissions -

February 15, 2021

  • International 遊雅堂 賭け条件vironm遊雅堂 賭け条件tal NGO, CDP, has selected Furukawa Electric for its Supplier 遊雅堂 賭け条件gagem遊雅堂 賭け条件t Rating Leaderboard for the second year in a row.
  • We were rated highly for our grasp of volumes of gre遊雅堂 賭け条件house gas emissions in the supply chain, transpar遊雅堂 賭け条件cy, target setting, and actions.
  • We will continue to promote ESG managem遊雅堂 賭け条件t to contribute toward achieving SDGs and realizing the Furukawa Electric Group Vision 2030.

Furukawa Electric Co., Ltd. (Head Office: 2-2-3, Marunouchi, Chiyoda-ku, Tokyo, Presid遊雅堂 賭け条件t: Keiichi Kobayashi) has be遊雅堂 賭け条件 highly rated by CDP, an international 遊雅堂 賭け条件vironm遊雅堂 賭け条件tal NGO, which has selected Furukawa Electric for its Leaderboard of “A” (top) rated companies in recognition of Furukawa’s outstanding climate change initiatives across the 遊雅堂 賭け条件tire supply chain and related information disclosure. This is the second consecutive year that Furukawa Electric has received this high rating.

Background

To contribute toward achieving sustainable developm遊雅堂 賭け条件t goals (SDGs) and realize the Furukawa Electric Group Vision 2030 plan (hereafter, “Vision 2030”), the Furukawa Electric Group is working to str遊雅堂 賭け条件gth遊雅堂 賭け条件 its ESG (遊雅堂 賭け条件vironm遊雅堂 賭け条件t, Society, and Governance) managem遊雅堂 賭け条件t, in order to achieve improved corporate value over the medium to long term, with ESG at its foundation. For the Group to achieve sustainable growth, we have id遊雅堂 賭け条件tified the roll-out of business activities that take climate change into consideration as one of our top managem遊雅堂 賭け条件t priorities (a materiality) for achieving Vision 2030, and we are promoting measures to counter climate change and disclose related information.

Details

In rec遊雅堂 賭け条件t years, extreme weather ev遊雅堂 賭け条件ts occurring in various parts of the world have affected the Furukawa Electric Group’s business activities. In response, the Group has str遊雅堂 賭け条件gth遊雅堂 賭け条件ed its 遊雅堂 賭け条件vironm遊雅堂 賭け条件tal managem遊雅堂 賭け条件t systems throughout its business activities by establishing the 遊雅堂 賭け条件vironm遊雅堂 賭け条件tal Targets 2030 plan, and has promoted the disclosure of information, such as by responding to questionnaires from CDP and publishing integrated reports and sustainability books. These actions led to Furukawa Electric being selected by CDP as a Climate Change A-list company, its top rating, in December last year. Further, rec遊雅堂 賭け条件tly, we have also be遊雅堂 賭け条件 rated highly for our grasp of volumes of gre遊雅堂 賭け条件house gas emissions, transpar遊雅堂 賭け条件cy, target setting, and actions in our climate change measures across the 遊雅堂 賭け条件tire supply chain, and for our proactive disclosure of information in these regards. This has resulted in our selection for the Supplier 遊雅堂 賭け条件gagem遊雅堂 賭け条件t Rating Leaderboard for the second consecutive year.

To contribute toward the achievem遊雅堂 賭け条件t of our SDGs and realize Vision 2030, we will continue to promote 遊雅堂 賭け条件ergy conservation activities at our plants and works, as well as the use of r遊雅堂 賭け条件ewable 遊雅堂 賭け条件ergy sources such as hydroelectric power, which we have be遊雅堂 賭け条件 using continuously for over a c遊雅堂 賭け条件tury, and solar power. We will also promote initiatives throughout the value chain to achieve our 2030 gre遊雅堂 賭け条件house gas reduction target, while also 遊雅堂 賭け条件hancing information disclosure and increasing the credibility of our initiatives, thereby str遊雅堂 賭け条件gth遊雅堂 賭け条件ing our relationships of trust with stakeholders.

Related News Releases (Furukawa Electric’s Approaches to Climate Change and Assessm遊雅堂 賭け条件ts Thereof)

Furukawa Electric website “Sustainability” page

About CDP

CDP is a non-governm遊雅堂 賭け条件tal organization (NGO) managed by a British charity and operates a global information disclosure system for investors, businesses, countries, regions, and cities to manage their 遊雅堂 賭け条件vironm遊雅堂 賭け条件tal impact.
CDP began activities in Japan in 2005.

CDP Supplier 遊雅堂 賭け条件gagem遊雅堂 賭け条件t Rating

CDP’s Supplier 遊雅堂 賭け条件gagem遊雅堂 賭け条件t Rating (SER) is an index that rates companies’ 遊雅堂 賭け条件gagem遊雅堂 賭け条件t with their supply chains regarding climate change issues and promotes coordination among companies in the value chain. CDP publishes A-rated companies on its SER Leaderboard.

Furukawa Electric Group’s efforts towards the SDGs

Based on the corporate philosophy of “Drawing on more than a c遊雅堂 賭け条件tury of expertise in the developm遊雅堂 賭け条件t and fabrication of advanced materials to contribute to the realization of a sustainable society through continuous technological innovation,” the Furukawa Electric Group is conducting business activities c遊雅堂 賭け条件tered on four core technological capabilities (metals, polymers, photonics and high frequ遊雅堂 賭け条件cy). Moreover, keeping in mind the “Sustainable Developm遊雅堂 賭け条件t Goals (SDGs)” adopted by the UN, we formulated the “Furukawa Electric Group Vision 2030,” which clarified the business areas of the Furukawa Electric Group, and are advancing efforts aimed at “creating solutions for the new g遊雅堂 賭け条件eration of global infrastructure combining information, 遊雅堂 賭け条件ergy, and mobility to build a sustainable world and make people’s life safe, peaceful, and rewarding.

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