Climate Change Data

Furukawa Electric Co., Ltd.

Climate Impact & Sustainability Data (2015-04 to 2016-03)

Reporting Period: 2015-04 to 2016-03

Environmental Metrics

Total Carbon Emissions:350,740 t-CO2e (domestic) + 456,388 t-CO2e (overseas)
Total Energy Consumption:682,749 MWh
Water Consumption:19,887,000 m3 (domestic) + 2,649,000 m3 (overseas)
Waste Generated:33,571 tons (domestic) + 241 tons (overseas)

ESG Focus Areas

  • Environment
  • Social
  • Governance

Environmental Achievements

  • Reduced CO2 emissions by 16.1% from fiscal 2012 (domestic group), achieved group target in greenhouse gas emissions.
  • Reduced water consumption by 2.9% against fiscal 2013 (wastewater).
  • Increased sales ratio of environmentally friendly products to 30.6%.

Social Achievements

  • Launched “Furukawa “V” Challenge!!” to promote women’s careers.
  • Achieved Level Three of the “L-Mark” for promoting women’s careers.
  • Implemented private sector training for public school teachers.

Governance Achievements

  • Strengthened corporate governance, improved board of directors operation.
  • Established the Nominating/Compensation Committee.
  • Implemented Work Style Reform activities.

Climate Goals & Targets

Long-term Goals:
  • Reduce CO2 emissions by at least 50% by 2050.
Medium-term Goals:
  • Reduce CO2 emissions by at least 26% by 2030 against 2013 levels.
  • Increase sales ratio of environmentally friendly products to 35%.
Short-term Goals:
  • Reduce failure costs by 10% from fiscal 2015.

Environmental Challenges

  • Supply chain disruptions due to snow damage at Nikko Works.
  • Sluggish sales in China (Energy and Industrial Products).
  • Increased costs for automotive wire harnesses due to weak yen and new model production.
  • Fall in product prices due to decline in copper price (Metals).
Mitigation Strategies
  • Concentrated manufacturing bases to reduce costs and emissions.
  • Implemented profit and loss improvement measures (Metals).
  • Transferred manufacturing to Taiwanese subsidiary (Metals).
  • Strengthened business in overseas markets (Energy and Industrial Products).

Supply Chain Management

Supplier Audits: 157 business partners evaluated in fiscal 2015.

Responsible Procurement
  • CSR Deployment Guideline for Business Partners
  • Conflict minerals survey
  • Procurement from EICC accredited smelters

Climate-Related Risks & Opportunities

Opportunities
  • Development of energy-efficient products
  • Offshore wind power generation

Sustainable Products & Innovation

  • Green Trough® (recycled plastic cable trough)
  • Aluminum wire harnesses
  • Optical fiber cables
  • OPGW (optical ground wire)
  • URD cable (underground distribution cable)

Awards & Recognition

  • BCAO Award 2011
  • Award for Outstanding Business in the Field of Recycling and Reduction (Kitakyushu Environment Bureau)
  • FY 2015 Chairman’s Award (Japan Industrial Safety & Health Association)