Fuji Electric on the Carbon Disclosure Project's A-list for the 5th year running

Fuji Electric Co, Ltd. is pleased to announce that for the fifth year running, it has been included on the CDP's A list. This list recognizes companies that are pioneers in climate change action and environmental transparency. It achieves the highest ranking of the CDP (Carbon Disclosure Project).


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Corporate philosophy

Fuji Electric's corporate philosophy is tocontribute to prosperity, encourage creativity and seek harmony with the environment. As stated in its management policies, the company is committed to contributing to the creation of a responsible and sustainable society through its activities in the fields of energy and the environment.

The objective of Environmental Vision 2050 which sets the direction for the company's long-term environmental activities, is to work towards :

  • of a low-carbon society,
  • a company focused on recycling
  • and a society in harmony with nature through initiatives covering its entire supply chain.

Combating climate change

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As part of its efforts to combat climate change, Fuji Electric is working to reduceCO2 emissions. The company supplies equipment related to clean energy (geothermal and hydroelectric power plants), and power semiconductors, as well as energy-saving equipment and systems, such as inverters, power regulators and variable frequency drives.
In addition, Fuji Electric has introduced energy-saving equipment such as energy management systems, inverters and high-efficiency air-conditioning systems manufactured at its plants.

To combat greenhouse gases other thanCO2, measures are taken to reduce and find substitutes for gases with a high global warming potential.
In this way, the company encourages the reduction of greenhouse gas emissions in production activities.


The revised objectives of Environmental Vision 2050

During 2021, Fuji Electric adjusted the targets set out in its Environmental Vision 2050 to meet the 1.5°C target of the Paris Agreements established at COP26.

In order to revise its targets, Fuji Electric has determined the total amount of greenhouse gas emissions in fiscal 2019 (the base year for setting targets to 2030).

These new goals are :

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  • The installation of solar power plants at the company's plants and the purchase of renewable electricity (Scope 1 + 2).
  • Increasing the percentage of products with low environmental impact, such as SiC electronic components (Scope 3).

Greenhouse gas emission reduction targets based on these missions have been validated by the Science Based Targets (SBTi) initiative, and Fuji Electric obtained SBT validation in December 2022.


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About the Carbon Disclosure Project

The Carbon Disclosure Project ( CDP ) is an international non-profit organization dedicated to promoting environmental action. It asks companies and local governments to disclose information on their environmental measures to combat climate change, secure water supplies, conserve forests and more. It acts at the request of institutional investors and major consumer organizations with a keen interest in environmental issues.