Our Targets to Cut Greenhouse Gas Emissions Receive Accreditation from the Science Based Targets initiative

KOKUSAI ELECTRIC CORPORATION (President and Chief Executive Officer: Fumiyuki Kanai, Head Office: Chiyoda-ku, Tokyo) has received SBT^*1 accreditation from the Science Based Targets initiative (SBTi)^*2 as its 2030 targets to cut greenhouse gas (hereinafter “GHG”) emissions have been recognized as science-based targets.

The KOKUSAI ELECTRIC Group has set the “creation of a sustainable society and the conservation of the global environment” as a materiality (important) issue and “reduction of environmental burden” as a priority subject. One of the items of these activities is the “reduction of GHG emissions,” and we have been working to achieve our GHG emission reduction target of limiting temperature rise to 1.5 degrees Celsius. In addition to the existing electricity- and energy-saving efforts to reduce energy consumption in the manufacturing process, our group has promoted the use of renewable energy by installing a solar power generation system at Toyama Technology & Manufacturing Center in April 2022. A larger-scale solar power generation system will also be introduced at Tonami Center (provisional name), which will start operation in Tonami City, Toyama Prefecture in this autumn. We are determined to further increase efforts to tackle climate change.

Under the corporate slogan of “Technology & Tai-wa for Tomorrow,” our group will continue to pursue economic, environmental, and social values in terms of both our business and ESG efforts (solving environmental and social issues, and strengthening governance) and thereby contribute to the achievement of SDGs, while aiming to simultaneously achieve a sustainable society and the sustainable development of our group.