Climate Change

The COP 21 Paris Agreement, adopted in December 2015, set out a long-term, shared worldwide goal to hold “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 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.

The Task Force on Climate-related Financial Disclosures (TCFD) was established in December 2015 by the Financial Stability Board, which members comprise central banks, financial regulatory authorities and finance ministries from major countries. Based on the TCFD framework, companies use multiple climate scenarios to evaluate the climate-related risks and opportunities to their business and to assess and disclose the financial impact. In addition, the Science Based Targets initiative (SBTi) calls for corporate emissions reduction targets set to meet the 1.5℃ trajectory, 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.

*1: CDP:
An international not-for-profit organization providing the only global system for companies and cities to measure, disclose, manage, and share vital environmental information. CDP works with major institutional investors around the world to encourage companies to disclose their impact on the environment and natural resources and to adopt measures that mitigate the impact.

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, the energy consumption for cloud computing, IoT, and network communications continues to rise. To curb energy consumption and reduce GHG emissions, the Fujitsu Group conducts regular checks at its factories, data centers, and offices.

In May 2017, the Fujitsu Group formulated the FUJITSU Climate and Energy Vision, its medium- to long-term environmental vision. In August of the same year, the company obtained SBT validation for 2°C-aligned GHG emissions reduction targets. The SBTi aims to significantly reduce greenhouse gases over the medium to long term by encouraging companies to set voluntary GHG emissions reduction targets based on scientific knowledge compiled by organizations such as the IPCC (*2). Given the accelerating global trend toward carbon neutrality, the Fujitsu Group reviewed its position and revised its target to reduce GHG emissions from business sites in FY2030 from 33% to 71.4% below FY2013 levels. On April 15, 2021, this revised figure was successfully validated as a 1.5°C-aligned target by SBTi. To accelerate the global community’s journey to carbon neutrality, including within our supply chain, Fujitsu has pledged to expand our use of renewables to achieve ‘net-zero ready’ GHG emissions for our own operations by FY2030, and across our entire value chain (Scope 1, 2, 3) by FY2040.
In June 2023, our net-zero(*3) by FY2040 target obtained “Net-Zero Target validation” under the SBTi standard.

Working backwards from these GHG emissions reduction targets, we developed the Fujitsu Group Environmental Action Plan (Stage XI) to implement our environmental targets for FY2023-2025. To achieve carbon neutrality, we are aiming for at least 50% of the energy used by our businesses to be from renewable sources by FY2025, with a target of 100% by FY2030. At the same time, we are working towards achieving net-zero GHG emissions across the entire value chain through measures such as identifying the environmental impacts of our suppliers and promoting emissions reductions, and by further reducing energy consumption of Fujitsu products.

*2: Intergovernmental Panel on Climate Change (IPCC):
An organization established in 1988 by the United Nations Environment Programme (UNEP) and the World Meteorological Organization (WMO) with the aim of providing comprehensive assessments of human-induced climate change and its impacts, together with adaptation and amelioration measures from scientific, technological and socio-economic perspectives.
*3: Net-zero:
The elimination of greenhouse-gas emissions through emissions reductions of at least 90% of the base year by the target year and removing the remaining 10% or less through measures such as reforestation or Direct Air Capture (DAC) of CO₂ in the atmosphere.