Furukawa Electric, Tokyo, has received the top rating for its climate change initiatives across the entire supply chain and related information disclosure from CDP, an international environmental NGO.
This is the fourth year in a row that Furukawa Electric has been recognized with this high rating, having been selected by CDP for its Leader of “A” rated companies. The Supplier Engagement Rating (SER) is an index that rates companies’ engagement with their supply chains concerning climate change issues and promotes coordination among companies in the value chain. Furukawa Electric has been acknowledged for its outstanding climate change initiatives, which are in line with the company’s goal of eliminating greenhouse gas emissions from its business activities (carbon neutral).
To achieve the sustainable development goals (SDGs) and realize Furukawa Electric Group Vision 2030, the company has been working on strengthening its ESG (Environment, Social, Governance) management. Furukawa Electric Group Environmental Vision 2050 was established in March 2021, declaring the company’s goal of achieving carbon neutrality. The company has also identified “Creating environmentally-friendly businesses” as a key management issue to be addressed to achieve Vision 2030 and is taking steps to enhance its responses to these materiality issues. Furukawa Electric’s commitment to environmental sustainability and its consistent recognition by CDP highlight the company’s ongoing efforts to lead the way in climate change initiatives and make a positive impact on the world.
