Updated on March 25, 2026 Sustainability Medium-term Plan for Planet
- GHG Emission Reduction
- Reduction of Environmental Impacts
- Climate Change Initiativies (TCFD)
GHG Emission Reduction
The Kuraray Group regards climate change countermeasures as one of its priority issues and aims to achieve carbon net zero for Scope 1, 2 emissions by 2025. The GHG emissions reduction goals for Scope 1, 2 as well as for Scope 3 (Category 1) emissions, within the Kuraray Group are as follows.
GHG Emission Reduction (Scope 1, 2)
The Kuraray Group has set a new roadmap and goal to reduce Scope 1, 2 emissions by 63% by 2035 compared to 2021 levels. We are steadily implementing reduction measures that can be carried out internally, and we are also working with our utility suppliers to explore the transition of the fuels we use to clean new energy sources. Our aim is to achieve this new goal.
Roadmap towards net-zero carbon emissions in 2050
GHG Emission Reduction from the Supply Chain (Scope 3)
In 2024, we calculated the Scope 3 emissions for the entire Kuraray Group (details are shown in the table below). Through the calculation, we identified that the primary source of emissions is from "Purchased Goods and Services" (Scope 3 Category 1). Consequently, we have set a new goal to reduce Scope 3 (Category 1) emissions by 37.5% by 2035 compared to 2021 levels. To achieve this goal, we are working on transitioning to raw materials with lower GHG emissions, such as biomass and recycled materials, and expanding the use of carbon reactivated in our activated carbon business. Additionally, we aim to achieve our reduction new goal through dialogue and collaboration with our suppliers.
Scope 3 (Category 1) GHG emission reduction roadmap
Furthermore, the Kuraray Group aims to obtain SBT* verification for its GHG emission reduction goals for Scope 1, 2 and for Scope 3.
*
SBT (Science Based Targets): Voluntary targets set by business corporations with regards to GHG emission reductions in a manner consistent with the levels required by the Paris Agreement. The SBT certification ensures that the company's targets are scientifically based and aligned with the goals of the Paris Agreement.
Reduction of Environmental Impacts
The Kuraray Group has identified (1) energy conservation, (2) waste reduction, (3) effective use of water resources, and (4) emission management of chemical substances as key environmental issues that will continue to be significantly involved in Kuraray Group business activities, and while the Medium-Term Management Plan, we set numerical targets and pursue improvements in these items.
Based on the idea of "providing more valuable products with less environmental impacts", the sales intensity of environmental impacts is used as the evaluation index of environmental activities. And in 2026, the final year of the Medium-Term Management Plan, we aim to improve the sales intensity by 5% or more compared to 2019. Regarding the emission management of chemical substances, we aim not to increase the environmental impacts outside our plants even if the businesses expand, and we aim to control the amount of emissions below the actual value for 2019.
Targets for Reduction of Environmental Impacts in the Sustainability Medium-Term Plan for Planet and Results in 2024
TCFD* Disclosure Roadmap
As part of Kuraray Group's efforts to deal with climate change control, we conduct scenario-based analyses to disclose information based on TCFD recommendations. Under the Sustainability Committee, the TCFD Promotion Project Team collaborated with various organizations to show the financial impact and resilience in a number of climate scenarios. We have gradually enhanced our disclosures by referring to the "Recommendation on how to use TCFD for business strategy planning: Scenario Analysis Practical Guide that Incorporates Climate-Related Risks and Opportunities" published by the Ministry of the Environment, as follows. By 2023, we had completed and disclosed an impact assessment of major risks and opportunities based on climate change scenarios for the entire Kuraray Group. As the disclosure work has now been completed, we concluded the TCFD Promotion Project Team. We will continue to review and existing measures and consider new initiatives as appropriate in response to future environmental change.
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TCFD stands for “Task Force on Climate-related Financial Disclosures” which has been established under Financial Stability Board (FSB) to review how to correspond to climate change disclosures and requirements from the financial sector.
