Climate change

The COP 21 Paris Agreement, adopted in 2015, established a shared global long-term goal to limit “the increase in the global average temperature to well below 2°C above pre-industrial levels” and pursue efforts “to limit the temperature increase to 1.5°C above pre-industrial levels.”, as well as the long-term goal of carbon neutrality (net zero emissions) by the second half of this century. Since then, efforts to achieve a carbon-neutral society have been accelerating on a global scale.
Based on the International Sustainability Disclosure Standards issued by the International Sustainability Standards Board (ISSB) and the disclosure standards issued by the Sustainability Standards Board of Japan (SSBJ), Fujitsu evaluates and discloses climate-related risks and opportunities, and financial impacts, in accordance with the framework established by the Task Force on Climate-related Financial Disclosures (TCFD). In addition, the Science Based Targets initiative (SBTi) calls for corporate emissions reduction targets set to meet the 1.5°C pathways, and RE100 promotes activity by 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.

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. Furthermore, delays in responding to societal and legislative requirements to reduce GHG emissions may impact product manufacturing, service development, etc., potentially leading to the loss of business opportunities.
Since launching the Fujitsu Group Environmental Action Plan, we have treated the reduction of GHG emissions as a critical issue and strived to achieve the defined targets.
The majority of the GHG emissions generated by the Fujitsu Group derive from purchased electricity, rather than the combustion of oil or gas. In particular, energy consumption associated with the growing AI demand is trending upward and will continue to increase. To curb this, the Fujitsu Group regularly monitors energy consumption and GHG emissions at its data centers, factories, and offices and promotes measures to reduce energy consumption.

In May 2017, the Fujitsu Group formulated the FUJITSU Climate and Energy Vision, its environmental vision. In August of the same year, the Group obtained SBTi validation for its GHG emissions reduction targets as in line with 2°C pathways. The SBTi provides a framework for companies to set voluntary GHG emissions reduction targets based on scientific knowledge compiled by organizations such as the IPCC (*2), with the aim of driving significant mid- to long-term reductions in GHG emissions.
Given the global trend toward net-zero, the Fujitsu Group reviewed its position and revised its FY2030 target for reducing GHG emissions from its business sites from 33% to 71.4% below FY2013 levels. On April 15, 2021, this revised figure was also validated as a 1.5°C pathways-aligned target by the SBTi. To accelerate the global community’s journey to net-zero, including within its supply chain, Fujitsu has pledged to expand its use of renewable energy to achieve ‘net-zero equivalent’ GHG emissions from its own operations by FY2030, and to achieve net-zero (*3) across its entire value chain (Scope 1, 2, 3) by FY2040. This net-zero by FY2040 target has been approved by the SBTi (*4) in June 2023,
Under the Fujitsu Group Environmental Action Plan Stage XII, the Group will leverage its technologies to reduce environmental impacts across its operations and supply chain, while simultaneously delivering value to customers and society. Through this dual approach, the Group will continue to reduce GHG emissions while aiming to achieve both business growth and solutions to social challenges.