Sysmex Corporation has been approved by the Science Based Targets initiative (SBTi)*, an international initiative working to overcome the environmental crisis on the basis of climate science, for the Group's FY2033 greenhouse gas reduction target.
In response to the demand for solutions to worldwide social issues related to climate change, the Company proceeded with its efforts to submit its support for the TCFD in 2021 and its commitment to set GHG reduction targets to SBTi in 2022 and to declare its carbon neutrality that same year. In February 2024, the Company applied its target values to SBTi and, upon validation, received approval.
As part of the "Sysmex Eco-Vision 2033," Sysmex has set reduction targets for its own GHG emissions (Scope 1 and 2) and its supply chain GHG emissions (Scope 3). Among these targets, the Company's target to reduce its Scope 1 and 2 emissions by 55% was found to be based on scientific evidence in line with a 1.5°C trajectory, while its target to reduce GHG emissions from use of sold products under Scope 3 by 35% was found to be well below the 2.0°C level. Furthermore, our newly established engagement goal was recognized as promoting 60% of our business partners in purchased goods and services, capital goods, and upstream and downstream transportation and distribution under Scope 3 to have a science-based GHG reduction targets within five years.
With the gap between the global GHG emissions reduction and the 1.5°C target of the Paris Agreement, it is expected that further changes in social demands are to come. Seizing the SBTi certification as an opportunity, Sysmex will continue pursuing CO2 emission reductions by changing energy procurement at business locations and how sales and services are performed while promoting resource recycling by adopting environmentally friendly materials for products. We will further promote its decarbonization efforts by implementing green innovation based on the ingenuity built by combining the wisdom of the entire Group.