Furukawa Electric Received the highest rating for CDP’s Supplier Engagement Rating for Fourth Consecutive Year

In recent years, the extreme weather events occurring in various parts of the world are believed to have been caused in part by the environmental impact of corporate activities, including greenhouse gas emissions. Our Group’s business activities have also been affected. In response, we are strengthening our environmental management systems throughout the business activities, including the establishment and revision of the Environmental Targets 2030. In addition, based on the details of these, we are promoting the disclosure of information, such as responding to questionnaires from CDP and publishing integrated reports and sustainability books. We have been rated highly for our grasp of greenhouse gas emission volumes, transparency, target setting and actions in our climate change measures across the entire supply chain, as well as for our proactive disclosure of information in these regards. This has resulted in our selection for the highest rating - Supplier Engagement Rating Leader - for the fourth consecutive year. To contribute toward the achievement of the SDGs and realize Vision 2030, we will continue to promote energy conservation activities at our plants and works, as well as the use of renewable energy sources such as hydroelectric power, which we have been using continuously for over a century, and solar power with the aim of eliminating our greenhouse gas emissions by 2050. In addition, we will promote initiatives throughout the Group and entire value chain to achieve our greenhouse gas reduction targets, while also enhancing information disclosure and increasing our transparency, and thereby further strengthen the relationships of trust with stakeholders.