Environmental Action Plan
To realize its Eco Vision, every five years DENSO formulates an Environmental Action Plan outlining specific targets and plans, and conducts its activities accordingly. The seventh phase of the Environmental Action Plan (April 2021–March 2026) calls for the achievement of Target 3 and Action 10, which are identified in Eco Vision 2025. This plan clarifies specific actions and goals to be reached by March 2026.
Identifying Priority Issues
In consideration of society’s requests and expectations for DENSO’s environmental initiatives, The sixth phase establishes the three axes of “Energy,” “Clean,” and “Green,” which involve our response to energy and climate change, our response to resources, water, and materials with an environmental burden, and our response to biodiversity and coexistence with nature. Revolving around these axes, the sixth phase determines 10 actions based on anticipated risks and potential business opportunities as well as the perspective of our products, plants, employees, and overall management. These 10 actions cover all of our business domains, and all employees work toward their achievement.
Positioning of the Seventh Phase of the Environmental Action Plan
Initiatives toward Carbon Neutrality
As we have been steadily promoting initiatives aimed at realizing our targets for 2025, based on the DENSO Eco Vision 2025, there has been an accelerating shift in global society from aiming for a low-carbon world to a carbon-free one.
This accelerated shift has had a major impact on DENSO’s product development and production, and, as such, we have raised the targets we aim for with our initiatives to reduce CO2 emissions to an even higher level of carbon neutrality.
For our Monozukuri activities, we have adopted the target of realizing carbon-neutral electricity by fiscal 2026 (carbon credits to be used with respect to gas) and becoming completely carbon neutral, including gas, by fiscal 2036. To achieve this target, we will continue to promote energy-saving activities, an area in which we excel as a company. At the same time, we will introduce electricity derived from high-quality renewable energy that is optimally economic and utilize carbon credits, among other initiatives. To accelerate investments toward these kinds of efforts to reduce CO2 emissions, including energy conservation and renewable energy, we have introduced internal carbon pricing (ICP) within our investment decision-making approach.
For mobility products, we are working to reduce CO2 emissions to the greatest extent possible by promoting the development of electrification technologies. Furthermore, we are working to achieve negative CO2 emissions through technologies that create green energy using hydrogen. Through these efforts, we will aim to achieve carbon neutrality across all of society. Moreover, to balance these environmental initiatives with business growth, we are holding regular discussions on reshuffling our business portfolio based not only on profitability and growth potential but also on CO2 emissions and the reduction of these emissions and are promoting reshuffling efforts accordingly.
DIALOG DAY “Environmental Strategy”
Please see the following link for details on our environmental strategy geared toward carbon neutrality
