Accelerated Controls on GHG Emissions are Required for Carbon Neutrality
The Paris Agreement, adopted in December 2015, set out a long-term, shared worldwide goal of limiting the average global temperature increase to considerably less than 2℃ and preferably 1.5℃ over pre-Industrial Revolution temperatures, as well as the goal of carbon neutrality (net zero emissions) by the second half of this century. Correspondingly, moves aimed at achieving a carbon neutral society have been accelerating on a global scale.
The Task Force on Climate-related Financial Disclosures (TCFD) was established in December 2015 by the Financial Stability Board, which includes participants representing central banks, financial regulatory authorities and finance ministries from major countries. The TCFD requests companies to use multiple climate scenarios to evaluate the climate-related risks and opportunities to their business and to assess and disclose the financial impact. Various international initiatives have also been launched, such as Science Based Targets (SBT), which calls for corporate emissions reduction goals designed to meet the 1.5℃ target, and RE100, which calls for companies to source 100% of the electricity they use from renewable energy. Furthermore, CDP (*1), which runs the global disclosure system for investment that takes into account Environmental, Social and Governance (ESG) factors, requests that companies reduce GHG emissions by at least 2.1% year-on-year through voluntary efforts.
An international not-for-profit organization providing the only global system for companies and cities to measure, disclose, manage, and share vital environmental information. CDP works with major institutional investors around the world to encourage companies to disclose their impact on the environment and natural resources and to adopt measures that mitigate the impact.
GHG Emissions Reductions are a Critical Issue for the Fujitsu Group
The Fujitsu Group, as an entity with global operations, is fully aware that climate change is a serious worldwide issue that spans national and regional boundaries. For example, disasters triggered by climate change can disrupt procurement, logistics and energy supply networks, which in turn interrupts the process of supplying materials and energy to business sites. Regulations governing GHG emissions have an impact on the development and production of products and services, and any delays in responding to requirements can lead to lost business opportunities.
Since launching the Fujitsu Group Environmental Action Plan, we have treated the reduction of GHG emissions as a critical issue and worked to achieve the defined targets.
Most of the GHG emissions generated by the Fujitsu Group derive from purchased electricity, not from the combustion of oil or gas. Advances in 5G technology will lead to the expansion of cloud computing, IoT and mobile communications, thereby spurring increased power consumption in data centers, and this growing trend is expected to continue. We are therefore focusing on reducing power consumption by conducting energy conservation audits and regular power usage checks in our data centers, as well as in our factories and production lines in Japan and elsewhere.
Approach under the Fujitsu Group Environmental Action Plan (Stage X)
Focusing on Expanding the Use of Renewable Energy
In May 2017, the Fujitsu Group formulated the FUJITSU Climate and Energy Vision, its medium- to long-term environmental vision. In August of the same year, the company obtained SBT certification for 2°C-aligned GHG emissions reduction targets. The SBT initiative aims to significantly reduce greenhouse gases over the medium to long term by encouraging companies to set voluntary GHG emissions reduction targets based on scientific knowledge compiled by organizations such as the IPCC (*2). Given the accelerating global trend toward carbon Neutrality, the Fujitsu Group reviewed its position and revised its target to reduce GHG emissions from business sites in FY2030 from 33% to 71.4% below FY2013 levels. On April 15, 2021, this revised figure was successfully validated as a 1.5°C-aligned target by SBT. In April 2021, we revised its reduction targets in fiscal 2030 from 33% to 71.4% below fiscal 2013 levels and were validated as 1.5 °C-aligned targets by the SBT initiatives. In June 2022, we submitted a commitment letter to the SBT Initiative towards the Net-zero targets and received it.
In the Fujitsu Group Environmental Action Plan (Stage X), we are undertaking activities to “reduce GHG emissions at our business sites by at least 4.2% year-on-year”, in accordance with the 1.5°C SBT target.
The use of renewable energy is an important element in achieving carbon neutrality, and Fujitsu joined the global initiative RE100 in 2018. At Fujitsu Group locations in Japan and elsewhere, we are aiming to source 40% of the electricity used from renewable energy by 2030, with a goal of 100% by 2050. In the Fujitsu Group Environmental Action Plan (Stage X), we have set a target of “expanding to 16% the renewable energy usage ratio in terms of power generation”. From April 1, 2021, the largest facility in the Fujitsu Group, the Kawasaki Factory, switched over to 100% renewable energy for power consumed. This initiative accounts for approximately 5% of the electricity used by the Fujitsu Group in Japan. Furthermore, from October 1, 2021, we transitioned to fully renewable sources for the power consumed on the floors leased by Fujitsu at its headquarters in the Shiodome City Center building in Tokyo. This marks the first such attempt for the Fujitsu Group within a leased office facility in Japan.
In addition, Fujitsu intends to continue boosting purchases of green energy and renewable energy certificates, after considering relevant regional characteristics and the economic feasibility, and to implement more on-site renewable energy capacity. Use of the Fujitsu Group’s leading-edge technological expertise in areas such as blockchain technology will also contribute to the spread and expansion of renewable energy.
- (*2)In 2017, Fujitsu obtained SBT certification for 2°C-aligned emissions reduction targets. In April 2021, these targets were revised for business sites in FY2030 from 33% to 71.4% below FY2013 levels, and these were successfully validated as 1.5°C-aligned targets by SBT.
Actions and targets related to climate change initiatives under the Fujitsu Group Environmental Action Plan (Stage X)
- Reducing Greenhouse Gas (GHG) Emissions at Our Business Sites
- Improve Power Usage Effectiveness (PUE) at Our Data Centers
- Expand the Use of Renewable Energy