Toyo Ink SC Holdings Co., Ltd. the parent company of the Toyo Ink Group in Japan, has published a new document entitled ‘Toyo Ink Group Sustainability Vision TSV2050/2030’ with the aim of disclosing the company’s long-term strategy on CSR as well as sustainability.
This new initiative of the Japanese company responds to the new global trend on climate change, carbon neutrality, as well as the current social climate that calls for companies to meet the growing demand for actions aimed at sustainability. Under the TSV2050/2030 Vision, the company reaffirms its commitment to make 100% of its products and manufacturing operations carbon neutral by 2050.
In this regard, Kazuhito Nakano, chief sustainability officer of Toyo Ink SC Holdings confirms that “Toyo Ink Group’s sustainability vision sets out an ambitious vision to bring our total global carbon footprint to net zero by 2050,” adding that “while we have been steadily reducing CO2 emissions at our production bases since 2010, the renewed vision is critical to delivering on our commitment to developing low-carbon products.”
The TSV2050/2030 vision consists of two components: TSV2050, which sets specific objectives that the Group aims to achieve by 2050, and TSV2030, which defines intermediate objectives to be realized by 2030. Specifically, CO2 emissions will be reduced by 35% in Japan by 2030 and 35% in other countries compared to the FY2030 BAU level*.
