Sustainability

Climate Change Initiatives
(Endorsement of TCFD Recommendations)

As global warming becomes increasingly severe, the international community has placed the highest priority on addressing climate change. The Paris Agreement, which entered into force in 2016, sets a long‑term goal of limiting the rise in global average temperature to well below 2°C above pre‑industrial levels while pursuing efforts to limit the increase to 1.5°C. Achieving this goal requires accelerated decarbonization efforts across countries, and many regions—including the EU and Japan—have adopted national strategies to achieve carbon neutrality by 2050.

SEKISUI KASEI Group has identified “Climate Change Mitigation” as a material issue and is promoting the SKG-5R initiatives to achieve our 2030 targets and realize carbon neutrality by fiscal year 2050. We will continue to strengthen our efforts to contribute to a decarbonized society.

Carbon Neutral Roadmap

To achieve carbon neutrality by 2050, it is essential to set ambitious targets and work to reduce GHG (CO₂) emissions using a backcasting approach. Under the SKG‑5R framework, we established a goal to reduce GHG (CO₂) emissions from our business activities (Scope 1 + 2*) by 27% by fiscal year 2030 compared with fiscal year 2018, referencing the standards of the Science Based Targets (SBT) initiative.

We successfully achieved this target ahead of schedule in fiscal year 2024. As we move toward achieving carbon neutrality by 2050—defined as realizing net‑zero GHG (CO₂) emissions—we revised our target in April 2025 to a more ambitious 45% reduction, positioning it as a further challenge in our long‑term decarbonization efforts.

* Scope 1: Direct emissions from sources owned or controlled by the company
Scope 2: Indirect emissions from the consumption of purchased electricity, heat, or steam

GHG (CO₂) Emissions Reduction Roadmap

Disclosure Based on TCFD Recommendations

SEKISUI KASEI Group recognizes the importance of climate-related financial disclosures and expressed its support for the recommendations of the Task Force on Climate-related Financial Disclosures (TCFD ^*１) in May 2022.
Since then, we have been working on disclosing information related to climate change in line with the TCFD recommendations, contributing to the realization of a sustainable society through our business activities, and strengthening our management foundation for sustainable growth.
As climate change measures have become a global common goal, we support the Japan Climate Initiative (JCI ^*2) to help mitigate climate change and reduce economic risks. We also participate in activities aimed at solving environmental issues through industry-academia collaboration, such as joining the Clean Ocean Material Alliance (CLOMA ^*3) and the working team of the Japan Plastics Industry Federation. In addition, the Group actively responds to CDP, an international initiative for information disclosure and evaluation.

*1 TCFD: The Task Force on Climate-related Financial Disclosures, established in 2015 by the Financial Stability Board, an international organization aimed at stabilizing the financial system.
*2 JCI: The Japan Climate Initiative (JCI) was established in July 2018 as a loose network to strengthen information sharing and dialogue among Japanese companies, local governments, and NGOs that are actively engaged in climate change measures.
*3 CLOMA: The Japan Clean Ocean Material Alliance is a platform aimed at solving the marine plastic waste problem by strengthening collaboration among a wide range of stakeholders across various industries and accelerating innovation.

Please refer to the information below for disclosures based on the TCFD recommendations.