Kioxia Aims for Net-Zero Emissions by 2050
Kioxia Group has announced its target to achieve net-zero direct and purchased energy-related greenhouse gas emissions (Scope 1 and Scope 2) by FY2050.
Kioxia Group will intensify its efforts to combat climate change, a primary management goal, through its net-zero emissions commitment for both direct and purchased energy-related greenhouse gases by FY2050.
The company has already aimed to source 100% renewable energy by FY2040 and will now also include its business site emissions to achieve a more comprehensive net-zero goal for all business activities.
To achieve its goal, the company is committed to continuing its efforts to install equipment that eliminates the emission of perfluorocarbons (PFCs)—gases that have a high potential for contributing to global warming—in all of its manufacturing facilities constructed since 2011.
The company also plans to install energy-efficient manufacturing and power equipment to reduce energy consumption. Starting from FY2022, it has been setting up solar power generation systems at the Kitakami and Yokkaichi plants, which are the largest of their kind at any semiconductor plant in Japan, and purchasing electricity generated from on-site systems under a Power Purchase Agreement (PPA) model. Additionally, it is procuring FIT non-fossil certificates, which are commonly used renewable energy certificates in Japan.
Nobuo Hayasaka, the President and CEO of Kioxia Holdings Corporation stated that they are dedicated to enacting measures to combat climate change, an urgent issue for the global community. They are also committed to resolving various social concerns, such as worldwide environmental challenges, to facilitate the creation of a sustainable society.
Tomoharu Watanabe, the Executive Vice President and Executive Officer in Charge of Sustainability, Kioxia Holdings Corporation, emphasized that climate change countermeasures are a crucial management issue. The company will continue to promote technological innovation in their manufacturing processes and enhance their products' energy efficiency. Their goal is to achieve net-zero Scope 1 and 2 GHG emissions.
Kioxia Group maintains a sustainability website where they regularly report their ongoing efforts to address climate change. For further information, visit https://www.kioxia-holdings.com/en-jp/sustainability/environment/climate.html.
To view and compare company ESG Ratings and Sustainability Reports across sectors, follow our Company ESG Profiles page.
Source: Kioxia
