Based on its corporate mission of “Materials Innovation: We create value through materials to enrich society, people and the environment,” JSR Group positions sustainability initiatives as one of its key management strategies.

Addressing climate change is one of the most crucial priority issues in that context, as it has a direct impact on our business foundation—all the way from raw material procurement to manufacturing processes and product life cycles. The progression of climate change poses risks to the stability of raw material procurement and the availability and efficient use of energy in factories, affecting supply stability and manufacturing efficiency. If we are to keep delivering our products and technologies in a stable way, we cannot afford to overlook these risks. As a company that manufactures chemical products, we thus believe it is our responsibility to engage seriously with the climate change challenges facing society and create effective solutions through innovation and materials technologies.

In addition, many of our key customers in the global arena have raised specific questions about our sustainability initiatives.

As a first step in our efforts to address these issues, we have revised our greenhouse gas (GHG) reduction targets for FY2024 to align with the goals of the Paris Agreement and have also set the following concrete targets. These targets have been validated as Science Based Targets (SBTs) by the Science Based Targets initiative (SBTi).
・We commit to reduce our direct (scope 1) and indirect emissions (scope 2) by 42% by FY2030 from a FY2023 base year.
・For indirect emissions; scope3 other than scope 1 and scope 2, we commit that 85% of our suppliers by emissions covering purchased goods and services, capital goods, and upstream transportation and distribution, will have science-based targets by FY2029.

We will continue to view sustainability as an important management strategy. By fusing together our technological prowess and human strengths and linking them with other management measures, we will contribute to sustainable development—of society, the environment, and the economy—and build the future together.