Kyocera Corporation (President: Hideo Tanimoto) today announced that it has been selected as a "Supplier Engagement Leader" for its environmental initiatives by the international reporting non-profit CDP, which operates a global disclosure system for investors, companies, cities, states, and regions to manage environmental impacts.
This marks the fifth consecutive year that CDP has recognized Kyocera for its comprehensive approach to reducing greenhouse gas (GHG) emissions throughout its value chain, and for its aggressive renewable energy adoption plans.
Kyocera has committed to reducing its GHG emissions 46% by FY2031 (compared to FY2020 levels), and increasing its renewable energy adoption 20x by FY2031 (compared to FY2014 levels). The company aims to achieve carbon neutrality by FY2051*, and supports the goal to hold the average rise in global temperature to below 1.5°C through FY2031 as compared to pre-industrial levels.
This year, CDP recognized 458 companies including 109 Japan-based enterprises.
The Kyocera Group will continue to implement innovative greenhouse gas reduction measures that go beyond conventional frameworks, contributing to sustainable development and a decarbonized future.
*Kyocera's carbon neutrality goal includes both direct and indirect emissions. Direct emissions are associated with fuel consumption and production processes. Indirect emissions are associated with consumption of power or heat purchased from external suppliers. Indirect emissions also include procurement of raw materials, transport, use and disposal of products, as well as employee commuting and business trips.
CDP was established as the 'Carbon Disclosure Project' in 2000, asking companies to disclose their climate impact. Since then, CDP has broadened the scope of environmental disclosure to include risks and opportunities on climate change, water security and deforestation. In 2023, over 24,000 organizations, including more than 23,000 companies representing two-thirds of the world's market capitalization and over 1,100 cities, states, and regions, disclosed environmental information through CDP.
