Hitachi High-Tech Achieves CDP’s Highest Score of “A List” in Climate Change for the First Time JCN Newswire

Hitachi High-Tech Achieves CDP’s Highest Score of “A List” in Climate Change for the First Time

December 14, 2022
TOKYO, Dec 13, 2022 - (JCN Newswire via SEAPRWire.com) - Hitachi High-Tech Corporation today was selected for the 2022 "A List" by CDP(1), a non-governmental organization that conducts environmental research and information disclosure globally, out of more than 10,000 companies that were evaluated for their climate change initiatives and transparency in information disclosure. In 2010, we registered with CDP and have continued our efforts to decarbonize and harmonized with nature, and today we have been selected for the first time as an "A list", the highest rating in the field of climate change.Hitachi High-Tech's Environmental InitiativesAs a member of the wider Hitachi Group, Hitachi High-Tech Group is pushing forward with efforts to achieve carbon neutral status in our factories and offices by FY2027 and throughout our entire value chain by FY2050, all in service of our environmental vision and fulfilling the Long-term Environment Targets put forth in Hitachi Environmental Innovation 2050(2). Through these efforts, Hitachi High-Tech has achieved carbon neutrality in seven facilities.As a further effort to achieve the goal, in addition to the introduction of Hitachi Internal Carbon Pricing(3) in FY2021, we are also working to introduce environmental assessments into executive compensation for top management.Furthermore, in order to achieve carbon neutrality throughout the entire value chain by FY2050, we began surveying suppliers' CO2 emissions in fiscal 2020 in order to improve the accuracy of calculations for Scope3 Category1 (Purchased products and services), which emits the most CO2, and to consider reduction measures.At manufacturing process, we aim to offer products with reduced environmental impact by implementing environmentally conscious design (Eco-design) and working to reduce "CO2 emissions during product use", which is CO2 emissions second highest after "Scope3 Category1".In addition, in order to meet the growing demand for the reuse and remanufacture of lithium- ion batteries (LiB) for EVs, we have developed a "Rapid diagnostic method for battery degradation that instantly assesses the performance degradation and remaining life of lithium- ion batteries" together with Hitachi, Ltd. to accelerate the evaluation of the residual performance of batteries and achieve higher accuracy.Encouraged by this selection as an "A list" in the field of climate change, the Hitachi High-Tech Group will continue to create environmental value through manufacturing aimed at reducing environmental impact and strengthening environmental management, with the aim of contributing to a sustainable global environment.(1) CDP: CDP is a global non-profit charity that runs the global disclosure system for investors, companies, cities, states and regions to manage their environmental impacts. The organization analyzes and evaluates the environmental initiatives and information disclosure of the world's major companies in the three themes of climate change; water security; and forests - and selects the best companies as "A list" companies each year.(2) Hitachi Environmental Innovation 2050: Long-term goals established to aim toward building a "decarbonized society," a "resource efficient society" and a "harmonized society with nature" by 2050, set out under the vision that "Hitachi will resolve environmental issues and achieve both a higher quality of life and a sustainable society through its Social Innovation Business in collaborative creation with its stakeholders," which Hitachi instituted as its Environmental Vision.(3) Internal Carbon Pricing: A system in which a company places a price on its own carbon emissions in order to quantitatively clarify the impact on current and/or future business activities and to facilitate strategic decision-making, based on the premise that addressing climate change will present both costs and opportunities.This is a system to reduce CO2 emissions by converting the CO2 emission reduction effect of new equipment into a monetary amount and factoring it into investment decisions.Hitachi High-Tech's Sustainability Initiativeswww.hitachi-hightech.com/global/en/company/sustainability/Hitachi High-Tech's Materiality 1: Contributing to a Sustainable Global Environment Hitachi High-Tech Group has identified five themes of Materiality based on Sustainable Development Goals (SDGs), which are priority issues for resolving social issues. One of our identified Materiality is "Contributing to the Sustainable Global Environment," involving initiatives for realizing a decarbonized society and other such measures in combating climate change. bit.ly/3BwmtNGHitachi High-Tech's Climate Change Countermeasuresbit.ly/3PrN5W6About Hitachi High-TechHitachi High-Tech, headquartered in Tokyo, Japan, is engaged in activities in a broad range of fields, including manufacture and sales of clinical analyzers, biotechnology products, and analytical instruments, semiconductor manufacturing equipment and analysis equipment. and providing high value-added solutions in fields of social & industrial infrastructures and mobility, etc. The company's consolidated revenues for FY 2021 were approx. JPY 576.8 billion [USD5.1 billion]. For further information, visit www.hitachi-hightech.com/global/Contact:Katakura, KawamotoSustainability Management Dept., CSR Div., Hitachi High-Tech Corporation+81-80-9207-5075For more information, visit www.hitachi.com/New/cnews/month/2022/12/221213c.pdf. Copyright 2022 JCN Newswire. All rights reserved. (via SEAPRWire)
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NEC named to the CDP “A List” for advanced Climate Change and Water Security initiatives four years in a row JCN Newswire

NEC named to the CDP “A List” for advanced Climate Change and Water Security initiatives four years in a row

December 13, 2022
TOKYO, Dec 13, 2022 - (JCN Newswire via SEAPRWire.com) - NEC Corporation (TSE: 6701) has been recognized for leadership in corporate sustainability by global environmental non-profit CDP(1), securing a place on its prestigious "A List" four years in a row for tackling climate change, as well as acting to protect water security.NEC has set forth a policy for "Living harmoniously with the earth to secure the future" under the NEC 2030VISION and positioned decarbonization as a priority management theme, materiality, from an ESG perspective. While working on the Mid-term Management Plan 2025, NEC is striving to provide solutions that contribute to realizing a decarbonized society, responding to global warming, and guaranteeing food and water security.In addition to conducting business operations towards achieving SBT 1.5deg(2), NEC signed the "Business Ambition for 1.5degC Pledge"(3) in October 2021 and declared that greenhouse gas emissions throughout its entire supply chain will be virtually zero by 2050. Furthermore, NEC is accelerating activities with a view to achieving this declaration 10 years ahead of schedule.NEC also participates in international initiatives in the field of natural capital, which requires complex solutions to climate change, and contributes to discussions to address issues as a whole around the world(4).Going forward, NEC will continue to contribute to solving environmental issues, including climate change measures, water security and natural capital through the use of ICT.(1) CDP is an international non-profit organization in which investors, companies, cities, nations, and regions operate a global information disclosure system to manage environmental impacts. Nearly 20,000 organizations around the world disclosed data through CDP in 2022, including more than 18,700 companies worth half of global market capitalization, and over 1,100 cities, states and regions.(2) NEC upgrades its greenhouse gas reduction target to SBT1.5degCwww.nec.com/en/press/202106/global_20210611_01.html(3) NEC signs the "Business Ambition for 1.5degC Pledge"www.nec.com/en/press/202110/global_20211026_01.html(4) NEC's approach to biodiversitywww.nec.com/en/global/csr/eco/life.htmlAbout NEC CorporationNEC Corporation has established itself as a leader in the integration of IT and network technologies while promoting the brand statement of "Orchestrating a brighter world." NEC enables businesses and communities to adapt to rapid changes taking place in both society and the market as it provides for the social values of safety, security, fairness and efficiency to promote a more sustainable world where everyone has the chance to reach their full potential. For more information, visit NEC at www.nec.com. Copyright 2022 JCN Newswire. All rights reserved. (via SEAPRWire)
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Fujitsu Earns Top Rating from CDP in Climate Change, Water Security Categories JCN Newswire

Fujitsu Earns Top Rating from CDP in Climate Change, Water Security Categories

December 13, 2022
TOKYO, Dec 13, 2022 - (JCN Newswire via SEAPRWire.com) - Fujitsu Limited today announced that the Fujitsu Group has been selected for the CDP's A List for both climate change for the sixth year in a row and water security for the fourth year in a row, earning the highest rating in the CDP's evaluation of corporate activities in response to climate change and water security.CDP is an international non-profit organization that manages annual global disclosure for companies' activities relating to climate change, forests, and water security, on behalf of institutional investors that have total investment assets in excess of US $130 trillion (as of December 2022). The survey evaluates companies' outstanding efforts to demonstrate leadership in disclosing information, identifying and managing risks, addressing challenges, as well as setting ambitious and significant goals.The Fujitsu Group's Initiatives in Climate Change and Water Security In 2017, The Fujitsu Group laid out its medium- to long-term environmental vision, the Fujitsu Climate and Energy Vision, setting its goal to achieve zero carbon emissions by 2050. In April 2021, Fujitsu raised its greenhouse gas emissions reduction target for 2030 from a 33% reduction compared to FY 2013 to a 71.4% reduction. This reduction target has been certified as 1.5degC-aligned by SBTi(1).Utilizing AI and other advanced digital technologies to support innovation, Fujitsu is working to mitigate and adapt to the impacts of climate change through its business operations. Fujitsu ultimately aims to contribute to the realization of the common social goal of carbon neutrality and the construction of a more resilient infrastructure for society.In the area of water security, Fujitsu actively promotes the reduction of water consumption at its plants and the effective use of water resources through the recycling of pure water and the use of rainwater. Fujitsu further develops high-performance computing (HPC) and AI technologies to address societal issues including disaster prevention and mitigation and resilient urban development.Based on the "Fujitsu Group Environmental Action Plan (Stage X)", which outlines Fujitsu's environmental targets over the two-year period from FY 2021 to FY 2022, Fujitsu is working to minimize negative environmental impacts in the supply chain, while undertaking workstyle reforms and restructuring its business operations. To this end, Fujitsu has identified targets that address three key global societal challenges: climate change, resource circulation, and living in harmony with nature (conservation of biodiversity). The Fujitsu Group will continue to promote these initiatives to realize a sustainable world.(1) SBTi (Science Based Targets initiative) :An initiative jointly established by the United Nations Global Compact, the World Resources Institute (WRI: World Resources Institute), and other organizations in 2015.It encourages companies to set GHG emission reduction targets consistent with science-based evidence to the level required by the Paris Agreement, validating targets that comply with criteria including indirect emissions not only within the company but also in the supply chain.About FujitsuFujitsu's purpose is to make the world more sustainable by building trust in society through innovation. As the digital transformation partner of choice for customers in over 100 countries, our 124,000 employees work to resolve some of the greatest challenges facing humanity. Our range of services and solutions draw on five key technologies: Computing, Networks, AI, Data & Security, and Converging Technologies, which we bring together to deliver sustainability transformation. Fujitsu Limited (TSE:6702) reported consolidated revenues of 3.6 trillion yen (US$32 billion) for the fiscal year ended March 31, 2022 and remains the top digital services company in Japan by market share. Find out more: www.fujitsu.com. Copyright 2022 JCN Newswire. All rights reserved. (via SEAPRWire)
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COP27 inspires global community to tackle climate change: Pertamina ACN Newswire

COP27 inspires global community to tackle climate change: Pertamina

November 14, 2022
JAKARTA, Nov 14, 2022 - (ACN Newswire via SEAPRWire.com) - The UN Climate Change Conference (COP27) 2022 can inspire the global community and all parties to increase contribution to tackling climate change, according to Senior Vice President of Strategy and Investment of Pertamina Daniel Purba.Senior Vice President of Strategy and Investment of Pertamina Daniel Purba speaks at a discussion organized on the sidelines of COP27, at the Indonesian Pavilion in Sharm el-Sheikh, Egypt on Friday (November 11, 2022). (ANTARA/HO-PT Pertamina)"Sometimes when we work only focusing on our own sector, we never think about a global point of view. So I'm sure this COP27 will inspire and encourage everyone to think globally in order to accelerate contributions in dealing with climate change through industries that we each work on," Purba said during a discussion organized on the sidelines of COP27, at the Indonesian Pavilion in Sharm el-Sheikh, Egypt on Friday (November 11) .Reducing carbon emissions is one of the ways to tackle climate change, Purba added.Through the COP27 event, he continued, all nations around the world are reminded that there is still a lot of work to do to save planet Earth from the impacts of climate change, and it is not only for the benefit of future generations, but also for the sustainability of the business environment."I hope that after the implementation of COP27, everyone will realize that they have to play a role in saving the Earth. And that effort is not just a jargon, but must become a reality, our mindset and lifestyle that encourage us to save our planet," Purba said.As a concrete step to tackle climate change, Indonesia is committed to achieving net zero emissions (NZE) by 2060, and Pertamina is supporting the realization of that commitment by decarbonizing its existing businesses and developing green businesses."Currently Indonesia has committed to achieving net zero emissions by 2060 so that Pertamina, as a state-owned company, supports this commitment and we have also prepared various work programs to achieve this national (NZE) target," he pointed out.The decarbonization measures taken by the company include encouraging energy efficiency, zero-flare oil and gas activities, as well as carbon capture and utilization.Apart from that, Pertamina has also developed a number of green business initiatives, including those related to biofuels, renewable energy, batteries and electric vehicles, hydrogen as well as carbon businesses."Of course, we also view the energy transition period as a very good opportunity for us to build some green businesses," Purba said.In addition, Pertamina is also committed to allocating 14 percent of the projected capital expenditure for the 2022-2060 period, which is worth US$70-80 billion, for the development of clean, new and renewable energy.Contact: Brahmantya Satyamurti Poerwadi, Corporate Secretary, PT Pertamina (Persero)Email: pcc135@pertamina.com, URL: https://www.pertamina.comWritten by: Yuni Arisandy Sinaga, Editor: Fardah Assegaf (c) ANTARA 2022 Copyright 2022 ACN Newswire. All rights reserved. (via SEAPRWire)
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Green business to reduce 26 million tons of CO2 by 2060: Pertamina ACN Newswire

Green business to reduce 26 million tons of CO2 by 2060: Pertamina

November 7, 2022
JAKARTA, Nov 7, 2022 - (ACN Newswire via SEAPRWire.com) - Pertamina is expecting its green business of new and renewable energy (NRE) to be able to meet its target of reducing 26 million tons of CO2 by 2060, higher than its 2030 target of 11 million tons of CO2 reduction."Pertamina targets New Renewable Energy (NRE) capacity to reach 60GW from solar, hydro, wind power and geothermal, to be able to meet 15 percent market share in 2060," the company's President Director and CEO Nicke Widyawati said in a panel discussion of COP27 in Sharm El Sheikh, Egypt, on Sunday (November 6).It also has a battery production capacity of up to 80 GWh, and sales of 800,000 two-wheel electric vehicles with 1.5 TWh charging station in 2060, as well as an increase in hydrogen energy with an optimal capacity of 3 MTPA.Through the development of the green refinery, Pertamina is committed to increasing the production capacity of biofuels from the current 3,000 bpd to 200,000 bpd in 2060 by focusing on hydrotreated vegetable oil (HVO) and hydro-processed esters and fatty acids (HEFA)."We are also targeting to be able to produce up to 600,000 bpd of B30 and A20 by 2060," Widyawati noted.Considering Indonesia's potential for large carbon capture storage which is estimated to reach about 80 gigatonnes to 400 gigatonnes of C02, Pertamina is eyeing such potential to be a new business of oil and gas."And the majority (of carbon capture storage) are onshore, so we have a competitive advantage compared to other countries in the region," she concluded.Watch the video, A World Class Energy Company, at: https://youtu.be/IIflZaKvaag At the United Nations Climate Change Conference or COP27 Sharm El-Sheikh, Indonesia voiced various actions, strategies, innovations and achievements as a concrete manifestation of leading climate action to prevent global temperature increases.Through soft diplomacy, the Pavilion Indonesia displays the policies and concrete results of previous work, as well as paving the way for future climate ambitions together with relevant parties."Multilateral, collective and integrated action is needed as the only way to overcome a real global threat. We must maintain the spirit of collaboration at COP27," Indonesian Environment and Forestry Minister Siti Nurbaya stated in her speech at the opening of the Pavilion Indonesia during the COP27 in Sharm El-Sheikh, Sunday.In recent decades, governments have shared climate change responsibilities with academia, business, civil society organizations and others.However, the practice of climate change mitigation and adaptation sometimes experiences challenges and limitations, such as the decision-making process influenced by politics as well as disputes due to the priority interests of socio-economy and environment."Sometimes this becomes a paradox, a form of discrepancy in social relevance, so that policies are less effective into action. Therefore, joint action on climate change requires leaders to guide action," Nurbaya said.Under the theme of Stronger Climate Actions Together, Pavilion Indonesia reflects the mission carried out by Indonesian delegation to take urgent action in combating climate change and its impacts, as mandated by goal number 13 of the Sustainable Development Goals (SDGs).Watch the video, A World Class Energy Company, at: https://youtu.be/IIflZaKvaag Contact: Fajriyah Usman, VP Corporate Communications, PT Pertamina (Persero)M: +62 858 8330 8686, Email: fajriyah.usman@pertamina.com, URL: https://www.pertamina.comWritten by: Yashinta Difa Pramudyani, Editor: Fardah Assegaf (c) ANTARA 2022 Copyright 2022 ACN Newswire. All rights reserved. (via SEAPRWire)
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HKIoD joins Climate Governance Initiative and launches CGI Hong Kong Chapter ACN Newswire

HKIoD joins Climate Governance Initiative and launches CGI Hong Kong Chapter

September 26, 2022
HONG KONG, Sep 26, 2022 - (ACN Newswire via SEAPRWire.com) - The Hong Kong Institute of Directors ("HKIoD") announced at the Directors' Conference 2022 that it has joined the Climate Governance Initiative ("CGI") and launched the CGI Hong Kong Chapter ("CGI HK").CGI is a global initiative the World Economic Forum started in 2019, with the aim of encouraging boards worldwide to address climate change issues in their businesses. It upholds eight principles: 1. climate accountability on boards, 2. command of the subject, 3. board structure, 4. material risk and opportunity assessment, 5. strategic integration, 6. incentivisation, 7. reporting and disclosure, and 8. exchange.Dr Moses Cheng, Honorary President and Founding Chairman of HKIoD, GBM, GBS, OBE, JP, said, "Climate risks will seriously affect sustainable development of the human society and corporate environment, and their impacts on the survival and shareholder value of enterprises are even harder to predict. Thus, tackling climate change is a matter of urgency for the human society. At the helm of sustainable development of their corporations, directors are duty-bound and crucial to leading climate governance actions. HKIoD is honoured to join CGI and to launch CGI HK, and work with partners and collaborators to provide directors with an important platform for exchanging climate governance knowledge and opinions. In addition, CGI HK will strive to have boards include 'Responses to Climate Change' in their regular agenda."Dr Christopher To, Chairman of HKIoD, said, "HKIoD sees promoting corporate social responsibility and sustainable development as an important action plan. Being able to join CGI this year while HKIoD celebrates its 25th anniversary means a lot to us. It is a testament to HKIoD upholding its original intentions, which are to lead the business community in contributing to building a better future, and to earn the recognition of international authoritative organisations for its efforts made over past years. HKIoD will continue to help the Hong Kong business community raise corporate governance standard and together with it build a more brilliant future."Dr Carlye Tsui, CEO of HKIoD, said, "Climate change and sustainable development have caught eyes in recent years and are key topics many HKIoD training courses cover. In our new role in hosting CGI Hong Kong Chapter, we will help strengthen communication and exchanges with corporate directors and experts from around the world, take reference of their knowledge and experience in enhancing the quality and quantity of our climate governance-related training."CGI currently has over 20 chapters in its global network with altogether 100,000 members.CGI HK is a community composing of directors, including non-executive directors ("NEDs") and executive directors ("EDs"), and subject matter experts.To assist in meeting the challenges arising from climate change, CGI HK's mission is to reach out to directors to advance knowledge, motivate actions and promote best board practice in climate governance. As Chairman of the CGI HK Steering Committee, Dr Carlye Tsui said, "CGI HK acts to empower, enable and engage directors in gaining climate awareness and skills and in embedding climate considerations into board decision-making. Directors should understand and the risks to the success of and opportunities for their organisations that the climate emergency brings. To support directors in climate governance, CGI HK will develop and curate regular forums and training and produce and share relevant published information. These activities will be opportunities for NEDs and EDs to learn, and interact with each other and subject matter experts."The Founding Partners of CGI HK include the following:1. Deloitte Touche Tohmatsu Limited 2. The Hong Kong Institute of Directors3. The Hongkong and Shanghai Banking Corporation Limited4. The Hong Kong University of Science and TechnologyThe CGI HK Advisory Council composition:1. Dr The Hon Moses CHENG Mo-chi GBM GBS OBE JP2. Prof Christine LOH SBS JP3. Ms Bonnie Y CHAN4. Mr Dennis CHOW5. Ms May TAN6. Dr Christopher TOThe CGI HK Steering Committee composition:1. Dr Carlye TSUI SBS MBE JP, Chairman2. Prof Veronique LAFON-VINAIS3. Mr Anthony TSUI4. Mr Mohit GROVER5. Ms Victoria SHAPOVALOVA6. Dr Agnes K Y TAI7. Mr Anthony CHEUNG8. Ms Athena NG9. Ms Alison TSOI, SecretaryPlease click [ https://www.hkiod.com/governance-structure/ ] for more details about CGI HK's Governance Structure.About The Hong Kong Institute of DirectorsThe Hong Kong Institute of Directors is Hong Kong's premier body representing directors to foster the long-term success of companies through advocacy and standards-setting in corporate governance and professional development for directors. A non-profit-distributing organisation with membership consisting of directors from listed and non-listed companies, HKIoD is committed to providing directors with educational programmes and information service and establishing an influential voice in representing directors. With international perspectives and a multi-cultural environment, HKIoD conducts business in biliteracy and trilingualism. Website: http://www.hkiod.com.Media Enquiries:Strategic Public Relations GroupBrenda Chan +852 2114 4396 brenda.chan@sprg.com.hkChak Yau +852 2114 4395 chak.yau@sprg.com.hkFax: +852 2114 4948The Hong Kong Institute of DirectorsOdessa So +852 2889 4988 odessa.so@hkiod.com Joanne Yam +852 2889 1414 joanne.yam@hkiod.comFax: +852 2889 9982 Copyright 2022 ACN Newswire. All rights reserved. (via SEAPRWire)
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