Furukawa Electric Selected for CDP’s Supplier Engagement Assessment Leaderboard
- High recognition for the initiatives for greenhouse gas emissions in the supply chain -
- CDP, an international environmental NGO, selected Furukawa Electric for its Supplier Engagement Assessment Leaderboard for the fifth time
- Received high recognition for the initiatives for grasping greenhouse emissions in the supply chain, transparency, target setting and actions
- Will continue to promote ESG management directed toward achieving Furukawa Electric Group Vision 2030
Furukawa Electric Co., Ltd. (Head office: 2-6-4 Otemachi, Chiyoda-ku, Tokyo; President: Hideya Moridaira) was selected by CDP, an international environmental NGO, for its highest ranking A Leaderboard in recognition of our outstanding initiatives for climate change throughout the supply chain and related information disclosure. The supplier engagement assessment (SEA) evaluates a company’s actions directed toward the supply chain aimed at responding to the problem of climate change and serves as an indicator that promotes cooperation between companies within the value chain.
Background
Directed at achieving the “Furukawa Electric Group Vision 2030”, our group has been working to strengthen ESG (Environment, Social, Governance) management toward increasing medium to long-term corporate value centered on ESG. As part of these efforts, we set forth the Furukawa Electric Group Environmental Vision 2050 in March 2021 and have promoted activities with the aim of contributing to a carbon free society. In July 2023, we also obtained SBT WB1.5℃(note 1) certification. Moreover, in March 2025, we updated our Furukawa Electric Group Environmental Vision 2050 with the aim of further contributing to a carbon free society.
Details
The current selection as a CDP2024 Supplier Engagement Assessment Leaderboard company reflects the high recognition by CDP for our group’s initiatives for grasping greenhouse emissions in the supply chain, transparency, target setting and actions. It is also the fifth time we have been selected.
Going forward, along with carrying out energy saving activities at our offices and plants, we will effectively utilize hydroelectric power, which we have been using continuously for over a century and install renewable energy including solar power. Directed at realizing net zero greenhouse gas emissions in 2050, our group will aim for net zero greenhouse gas emissions throughout the entire value chain.
(Note) SBT1.5℃: Greenhouse gas reduction target that limits the rise in global temperatures to a level sufficiently below 1.5℃ compared to pre-industrial levels
Related news release (Furukawa Electric initiatives for climate change and external recognition)
Formulation of the “Furukawa Electric Group Environmental Vision 2050”
Revision to Furukawa Electric Environmental Targets 2030
Furukawa Electric obtains SBT 1.5℃ certification for greenhouse gas emissions reduction targets
Furukawa Electric selected as a CDP “Climate Change A List” company
Revision to “Furukawa Electric Group Environmental Vision 2050”
Furukawa Electric Website "Sustainability" Page
About CDP
An organization through which institutional investors cooperate to run projects that require companies to disclose their strategies on climate change and specific greenhouse gas emissions.
About the CDP Supplier Engagement Assessment (SEA)
SEA evaluates a company’s actions directed toward the supply chain aimed at responding to the problem of climate change and serves as an indicator that promotes cooperation between companies within the value chain. Companies receiving an “A” assessment are named to CDP’s SEA Leaderboard.
Furukawa Electric Group’s efforts towards the SDGs
Based on the “Sustainable Development Goals (SDGs)” adopted by the United Nations, Furukawa Electric Group has formulated the “Furukawa Electric Group Vision 2030” which sets the year 2030 as its target and is advancing efforts with the aim to “Build a sustainable world and make people’s life safe, peaceful and rewarding, Furukawa Electric Group will create solutions for the new generation of global infrastructure combining information, energy and mobility.” Toward the achievement of our Vision 2030, we will take open, agile, and innovative approaches to promote ESG management that aims to increase corporate value over the medium to long term and will contribute to the achievement of the SDGs.
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