March 30, 2023
March 24, 2023
Mitsubishi Materials Corporation
(Note)
Due to the review of GHG reduction targets (*), our company withdrew its SBT certification in November 2024.
Mitsubishi Materials Corporation has received SBT certification from the SBT Initiative(*1), an international organization that certifies Science Based Targets (SBT) that are greenhouse gas emission reduction targets scientifically consistent with the goals set forth in the Paris Agreement(*2).
Based on the corporate philosophy "For People, Society and the Earth," our Group plans and promotes strategic initiatives to address the risks and opportunities associated with global warming in conjunction with the company-wide management strategy. With the goal of achieving carbon neutrality by FY2046, we are working to develop and expand the use of renewable energy, including geothermal power generation, which is one of our strengths, while conserving energy at our manufacturing sites and improving technology and equipment to reduce greenhouse gas (hereinafter "GHG") emissions. We aim to use renewable energy for 100% of our electricity needs in FY2036 and to achieve the generation of as much electricity as we consume from renewable sources in FY2051.
Following this certification, we will continue to ensure we perform manufacturing that considers the reduction of its environmental impact and actively promote the reduction of GHG emissions to further contribute to achieving a decarbonized society.
SBT-certified GHG emission reduction targets (submitted in July 2022 based on the business categories as of April 2022)
The current GHG reduction targets are shown below, as announced on February 10, 2023 (*6).
[Related release]
July 19, 2022
Application for the International Initiative Science Based Targets Certification
URL : https://www.mmc.co.jp/corporate/en/news/2022/news20220719.html
December 13, 2021
Notice Concerning Revision of Greenhouse Gas Emissions Reduction Target
- Aiming to Achieve Carbon Neutrality Five Years Earlier than the Original Goal -
URL : https://www.mmc.co.jp/corporate/en/news/2021/news20211213.html
Corporate Communications Dep., Management Strategy Div.,
Strategic Headquarters : +81-3-5252-5206