カジノ シークレット 出 金 Formulates Grand Design to Achieve Carbon Neutrality by 2050
-Setting a New Goal of Reducing Greenhouse Gas Emissions by 50% by FY2030 and Laying Out Major Initiatives Toward Carbon Neutrality-

Dec. 10, 2021

カジノ シークレット 出 金 has formulated a grand design to achieve carbon neutrality by 2050, setting out a direction for its initiatives and goals for its activities. The カジノ シークレット 出 金 Group^*1 commits itself to reducing its greenhouse gas emissions by 50% by FY2030, compared to the level of emissions in FY2013, and to achieving carbon neutrality by 2050. Having raised its emissions reduction target by FY2030 to 50%, on December 10, 2021, カジノ シークレット 出 金 once again received certification from the Science Based Targets (SBT) ^*2 initiative for this new target as meeting カジノ シークレット 出 金tandard of “well-below 2°C.”^*3 To achieve this newly certified target and carbon neutrality, カジノ シークレット 出 金 will accelerate reductions in greenhouse gas emissions by approaching the issue from the perspectives of both obligations and contributions, implementing initiatives that are built on scientific, logical and quantitative foundations and leveraging the expertise and technological capabilities the Company has developed as a diversified chemical company.

1. Direction for the カジノ シークレット 出 金 Group’s Initiatives to Achieve Carbon Neutrality

2. Major Initiatives カジノ シークレット 出 金chieve Carbon Neutrality
(1) The カジノ シークレット 出 金 Group’s obligation to bring its own greenhouse gas emissions closeto zero

In 2018, カジノ シークレット 出 金 became the first diversified chemical company in the world tohave its emissions reduction targets certified by the SBT initiative, and now it has once againreceived that certification, significantly increasing its emissions reduction target for FY2030 tomeet the “well-below 2°C” standard. The Company will implement initiatives based on scientific, logical and quantitative perspectives to achieve this newly certified target, a reduction in its Scope 1 and Scope 2 emissions by 50% by FY2030. As achieving this target calls for making full use of the best available technology, in addition to taking thoroughgoing energy-saving measures, カジノ シークレット 出 金 has now begun implementing a variety of initiatives, including building liquid natural gas (LNG) power generation facilities at its Ehime Works and deploying highly-efficient gas turbine energy generation equipment at its Chiba Works. The カジノ シークレット 出 金 Group aims to achieve its goal of halving emissions by FY2030by making full use of the Group’s capabilities, with a primary focus on its own direct greenhouse gas emissions. In addition, the Group will pursue a further increase in its emissions reduction target, with a view to having its target certified by the SBT initiative as meeting the standard of a “1.5°C pathway.”

The カジノ シークレット 出 金 Group considers that it would be extremely difficult to meet its targetfor 2050 only by using existing technologies, and that innovation will be essential. Goingforward, the Group will lead and advance a variety of initiatives to develop innovativetechnologies for carbon capture and utilization (CCU) ^*5 and carbon negative solutions, as well as to deploy those technologies in society, in order カジノ シークレット 出 金chieve carbon neutrality by 2050.

(2) The カジノ シークレット 出 金 Group’s contributions through its products and technologies to reducing global greenhouse gas emissions

The カジノ シークレット 出 金 Group, in collaboration with a broad range of stakeholders, will strive to deploy products and technologies that contribute to reducing greenhouse gas emissions insociety as quickly as possible. Specifically, the Group will take a multifaceted approach onlypossible for a diversified chemical company, which comprises three elements:

Approach 1: Supplying products and solutions that contribute to carbon neutrality
[Specific initiatives]
i. Providing manufacturing technologies and products that contribute to reducinggreenhouse gas emissions
・ Promoting the licensing of proprietary technologies for manufacturing chemicalproducts that lead to emissions reduction (such as the propylene oxide-onlyprocess that does not produce any byproducts and consumes less energy
・Supplying innovative products that contribute to emissions reduction (such asmaterials used in lithium-ion secondary batteries
・Designating those technologies and products as “Sumika SustainableSolutions”^*6 to promote their deployment and sale
ii. Evaluating the carbon footprints of products
・After establishing rules for evaluating carbon footprints and building aproprietary calculation system, カジノ シークレット 出 金 will complete carbonfootprint evaluations for all its products by the end of December, 2021.
・ In addition to actively disclosing the results of its carbon footprint evaluationsfor its products to its stakeholders, カジノ シークレット 出 金 will also make itsproprietary carbon footprint calculation system freely available, contributing topromoting reductions in greenhouse gas emissions.

Approach 2: In collaboration with various partners, accelerating the development of products and technologies that contribute to carbon neutrality, and leading efforts topromote their rapid deployment in society
[Specific initiatives]
i. Building a circular carbon economy in collaboration with a variety of partners
・ カジノ シークレット 出 金 will develop material recycling and chemical recycling technologies for plastics, and promote their deployment in society.
・ カジノ シークレット 出 金 will drive initiatives to build a circular carbon economy,such as Meguri™, its new brand for recycled plastics.
ii. Developing innovative manufacturing process technologies that will lead to reductionsin greenhouse gas emissions, and promoting their rapid deployment in society
・カジノ シークレット 出 金 will develop technologies such as membrane separationsystems and wastewater treatment systems, and deploy them in society

Approach 3: Taking on long-term challenges, such as the development of carbon negativetechnologies
[Specific initiatives]
i. Developing carbon negative technologies
・カジノ シークレット 出 金 will work to develop carbon negative technologies such assoil carbon storage technology using agricultural materials.
ii. Developing CCU technologies
・ カジノ シークレット 出 金 will work to develop CCU technologies such as an alcoholmanufacturing technology using CO₂ and syngas.

3. Initiatives toward a Circular Economy for Plastics

The カジノ シークレット 出 金 Group commits itself to increasing the amount of recycled plasticresources used in its manufacturing processes to 200 thousand metric tons per year by FY2030.
The Group will work カジノ シークレット 出 金dvance plastic resource recycling in society by promoting plasticproducts manufactured using material or chemical recycling technologies under its new brandMeguri™, while also partnering with businesses and industries engaged in processing andrecycling used products, in order to contribute カジノ シークレット 出 金 circular carbon economy.

The カジノ シークレット 出 金 Group expects to invest about 200 billion yen by FY2030 in itsinitiatives to achieve carbon neutrality. From FY2013 to today, the Company has already madedecisions with respect to about 80 billion yen of investments in areas such as energy-savingmeasures and fuel conversions that will lead to reduced greenhouse gas emissions. Goingforward, to achieve its goal for FY2030, the Company aims to make additional investments
totaling around 120 billion yen not only in reducing greenhouse gas emissions, but also in newbusinesses that will contribute カジノ シークレット 出 金chieving carbon neutrality, including chemical recycling.

The カジノ シークレット 出 金 Group has put forward contributing to the advancement of humansociety through its business activities as one of the pillars of its Business Philosophy. Goingforward, the Group will continue to strive as one to resolve major issues in society, includingthe achievement of carbon neutrality by 2050.

*1: Referring to カジノ シークレット 出 金 Co., Ltd. and its consolidated subsidiaries in and outside Japan
*2: Science based targets refers to high-level targets for greenhouse gas emission reductions set by companies
based on climate science in order カジノ シークレット 出 金chieve the goals set out in the Paris Agreement
*3: Referring to the globally-shared long-term goal set out in the Paris Agreement, a goal of holding theincrease in the global average temperature to less than 2°C above pre-industrial levels and pursuing effortsto limit the temperature increase to 1.5°C above pre-industrial levels
*4: Scope 1: Greenhouse gases directly emitted by plants, such as in the use of fuels and in manufacturingproducts
Scope 2: Greenhouse gases emitted indirectly, such as through the purchase of electric power or steam fromoutside the company’s plants
*5: The collection and effective use of CO2 emitted from plants and other facilities
*6: An initiative launched in 2016 in which カジノ シークレット 出 金, based on evaluations by outside experts,designates those Group products and technologies that contribute throughout their lifecycles to respondingto global warming or reducing environment impact, in order to promote their development and spread. Asof November 2021, 57 products and technologies have been designated as Sumika Sustainable Solutions.

Contact

カジノ シークレット 出 金 Co., Ltd.
Corporate Communications Dept.
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