NOTIFICATION: The Technology Channels will soon be discontinued.
Click here to download complimentary copies of Fastmarkets RISI’s pulp and paper newsletters.

 

Oji announces establishment of Environmental Vision 2050 and Environmental Action Targets 2030

Read so far

Oji announces establishment of Environmental Vision 2050 and Environmental Action Targets 2030

October 14, 2020 - 00:53
Posted in:

TOKYO, Japan, Oct. 14, 2020 (Press Release) -Oji  Holdings  Corporation  (President:  Masatoshi  Kaku,  Head  office:  Tokyo,  hereafter,  the  “Company”)  hereby  announces that it has established the Environmental Vision 2050 as a long-term environmental vision, coupled with the Environmental Action Targets 2030 set forth to achieve the Vision toward which the Company will start to implement initiatives in FY2021, to be completed by FY2030.

The  core  purpose  of  the  Environmental  Vision  2050  is  to  accomplish  net-zero  carbon  emissions  or  the  reduction  of  greenhouse  gas  (GHG)  emissions  to  virtually  zero  by  2050.  The Company will take a range of measures, including the implementation of comprehensive energy savings across manufacturing and logistics operations and the expansion of the use of renewable energy while making the most of forests’ CO2 absorption and fixation capacity through forest preservation and planting.  

In doing so, the Company has established the target of reducing CO2 emissions by at least 70% by FY2030 compared to FY2018. In addition, it will make an effort across the Oji Group for promoting the effective use of resources, reducing the impact on the environment, and maintaining and conserving biodiversity, among other initiatives.

Environmental Vision 2050:

Environmental Action Targets 2030: