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FUJIFILM Joins the International Initiative “RE100” (100% Renewable Electricity): Fujifilm Will Switch to Renewable Electricity for All of Electricity Purchased & Strive to Achieve Zero Carbon Emissions in All Energies It Uses by 2050

FUJIFILM Joins the “RE100” (100% Renewable Electricity)
FUJIFILM Joins the “RE100” (100% Renewable Electricity)

The following video presents RE100 – by CBS EcoMedia:

Welcome to our newest member Fujifilm! Joining with a target to source 100% renewable electricity for its entire global operations by 2050.

It’s fantastic to see business leadership on renewables continuing to grow in Japan.
RE100

The following video presents NEVER STOP – Concept Movie | FUJIFILM:
NEVER STOP TRANSFORMING OURSELVES AND THE WORLD

For more than 80 years, we’ve continued transforming ourselves. Building from our origins as a film company known for innovations like the world’s first high ISO 400 film, we’ve evolved into a technology company working in areas such as healthcare, highly-functional materials, imaging solutions and more. By leveraging our advanced and unique technologies, we will continue creating value from innovation and contribute to solving social challenges. Which means we’ll never stop building on our experience and expertise to help transform ourselves, and the world.

Image grab from the first video above

Image grab from the first video above

  • The world’s most influential companies, committed to 100% renewable power
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PRESS RELEASE

FUJIFILM Holdings joins the international initiative “RE100”

RE100 Brought to you by @ClimateGroup in partnership with @CDP

RE100 Brought to you by @ClimateGroup in partnership with @CDP

Tokyo, April 25, 2019 — FUJIFILM Holdings Corporation (President: Kenji Sukeno) has joined “RE100”*1, an international initiative aimed at engaging companies to use electricity generated with renewable energies*2 for 100% of their business activities. The company will work toward switching to electricity derived from renewable resources for all of electricity purchased and strive to achieve zero carbon emissions in all energies it uses by 2050.

The Paris Agreement, a set of international rules effectuated in November 2016 for mitigating global warming, aims at “keeping a global temperature rise below 2  degrees Celsius above pre-industrial levels”. Fujifilm Group has been actively introducing the use of electricity derived from renewable resources as its contribution to achieving the targets, set to resolve global social issues. One of its production sites, FUJIFILM Kyushu in Japan, uses solar power while its production site in the Netherlands, FUJIFILM Manufacturing Europe, uses wind power. FUJIFILM Holdings set a target for renewable energy usage in January this year, further accelerating the transition.

Highly functional films that the Fujifilm Group produces, including films used in displays, require high-temperature steam in some of its manufacturing processes such as film formation and drying. For this reason, the company uses in-house co-generation systems capable of generating high-temperature steam required for film-formation and drying processes and electricity for use in other processes at the same time, so as to maintain a high level of energy efficiency in manufacturing.

In its target for renewable energy usage, FUJIFILM Holdings strives to adopt renewable energies to cover 50% of electricity purchased by 2030, and raise the ratio to 100% by 2050. At the same time, the company will embrace new technologies, including the usage of renewables-based hydrogen fuel for in-house co-generation systems capable of generating high-temperature steam and electricity at the same time, thereby achieving zero carbon emissions in all energies used.

The target aims to achieve zero carbon emissions by 2050 by combining the use of electricity derived from renewable resources and the introduction of renewables-based hydrogen fuel for in-house co-generation systems. The Climate Group, an international NPO that runs the RE100 program, recognizes this target as an initiative that is in line with the purport of RE100. FUJIFILM Holdings has joined the RE100 to show its way of decarbonization to the society, and lead the movement for actualizing a non-carbon society.

FUJIFILM Holdings has been praised from domestic and international parties for its active involvement in various climate change initiatives, including expressing support for recommendations issued by the Task Force on Climate-related Financial Disclosures (TCFD)*3 and having its target approved by the international environmental initiative, “Science Based Targets (SBT) initiative*4.”

The Fujifilm Group is currently promoting a CSR plan “Sustainable Value Plan 2030 (SVP2030),” specifying targets to be achieved by FY2031/3. SVP2030 defines four key areas, namely the “environment,” “health,” “daily life” and “work style,” examined the perspectives of “considering environmental and social impacts through business processes” and “resolving social issues through business activities.” For the area of the “environment,” the plan sets numerical targets including “a 30% reduction in the volume of CO2 emitted across the entire product lifecycle compared to FY2014/3.”

Fujifilm: Sustainable Value Plan 2030

Fujifilm: Sustainable Value Plan 2030

FUJIFILM Holdings will continue to actively work on addressing climate-related issues and engage in dialogues with stakeholders so as to contribute to the realization of sustainable society.

Message from Sam Kimmins, Head of RE100, The Climate Group

I’m thrilled to welcome FUJIFILM Holdings to RE100, with an ambitious commitment of sourcing 100% renewable electricity for its global operations.

FUJIFILM Holdings’ commitment is notable as it will involve renovating conventional in-house co-generation systems to new, zero carbon solutions. By stepping up to this technical challenge, FUJIFILM Holdings is showing great leadership, and sending a clear invitation to their peers in the advanced materials sector to join them in striving towards this ambitious but achievable goal.

※1 RE100 is an initiative run by the Climate Group, an international NPO promoting climate change actions, in partnership with international NPO, CDP, which campaigns to make companies disclose and manage the environmental impact of their operations. The initiative consists of companies that have made a commitment to go 100% renewable in electricity used in their business activities. A total of 173 companies have joined the initiative globally as of April 2019.
※2 Solar, wind, hydro, biomass, geothermal and other types of energies that can be renewed after use within a relatively short period of time. While oil, coal and other fossil fuels are limited energy resources, renewable energies do not deplete and can be used indefinitely
※3 In June 2017, the FSB Task Force on Climate-related Financial Disclosures (TCFD), which consists of the world’s major central banks and financial regulation authorities, issued its recommendations, urging business corporations and financial institutions to disclose the financial impact of “risks” and “opportunities” attributable to climate change, in order to identify the extent of influence climate issues have on the stability of financial markets. The taskforce recommends that financial organizations use climate-related financial information as an evaluation factor, in a way similar to the existing program for the disclosure of financial information.
※4 The Science Based Targets initiative was launched in September 2014 as a collaboration between the CDP, World Resources Institute, the World Wide Fund for Nature, and the United Nations Global Compact, aimed at promoting science-based targets for reducing greenhouse gas emissions to keep global temperature increases below 2 degrees Celsius compared to pre-industrial temperatures. In November 2016, the Paris Agreement, aimed at keeping a global temperature rise this century well below 2 degrees Celsius, went into effect as an international framework on climate change.

<Future trend of energy composition ratio>

Fujifilm: Future trend of energy composition ratio

Fujifilm: Future trend of energy composition ratio

For inquiries on information in this media release, contact:
Media contact: Corporate Planning Division, Corporate Communications Office TEL:+81-3-6271-2000
Others: Corporate Planning Division, CSR Group TEL:+81-3-6271-2065
Website: http://www.fujifilmholdings.com/

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