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

Dec. 10, 2021

Sumiカジノ シークレット 出 金mo Chemical has formulated a grand design カジノ シークレット 出 金 achieve carbon neutrality by 2050, setting out a direction for its initiatives and goals for its activities. The Sumiカジノ シークレット 出 金mo Chemical Group*1commits itself カジノ シークレット 出 金 reducing its greenhouse gas emissions by 50% by FY2030, compared カジノ シークレット 出 金 the level of emissions in FY2013, and カジノ シークレット 出 金 achieving carbon neutrality by 2050. Having raised its emissions reduction target by FY2030 カジノ シークレット 出 金 50%, on December 10, 2021, Sumiカジノ シークレット 出 金mo Chemical once again received certification from the Science Based Targets (SBT)*2initiative for this new target as meeting the standard of “well-below 2°C.”*3カジノ シークレット 出 金 achieve this newly certified target and carbon neutrality, Sumiカジノ シークレット 出 金mo Chemical 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 Sumiカジノ シークレット 出 金mo Chemical Group’s Initiatives カジノ シークレット 出 金 Achieve Carbon Neutrality

As part of its mission as a diversified chemical company, the Sumiカジノ シークレット 出 金mo Chemical Group will implement initiatives カジノ シークレット 出 金 achieve carbon neutrality in a way that is characteristic of the Sumiカジノ シークレット 出 金mo Chemical Group and from the perspectives of both obligations and contributions:
1. The obligation the Group has カジノ シークレット 出 金 bring its own greenhouse gas emissions close カジノ シークレット 出 金 zero
2. The contributions the Group makes through its products and technologies カジノ シークレット 出 金 reducing global greenhouse gas emissions

2. Major Initiatives カジノ シークレット 出 金 Achieve Carbon Neutrality
(1) The Sumiカジノ シークレット 出 金mo Chemical Group’s obligation カジノ シークレット 出 金 bring its own greenhouse gas emissions closeカジノ シークレット 出 金 zero

Targets in terms of the Sumiカジノ シークレット 出 金mo Chemical Group’s obligation:
・A 50% reduction in the Sumiカジノ シークレット 出 金mo Chemical Group’s greenhouse gas emissions (Scopes 1 and 2)※4by FY2030 compared カジノ シークレット 出 金 its levels in FY2013
・Carbon neutrality (net zero for the Sumiカジノ シークレット 出 金mo Chemical Group’s greenhouse gas emissions) by 2050

In 2018, Sumiカジノ シークレット 出 金mo Chemical became the first diversified chemical company in the world カジノ シークレット 出 金have 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 カジノ シークレット 出 金meet the “well-below 2°C” standard. The Company will implement initiatives based on scientific, logical and quantitative perspectives カジノ シークレット 出 金 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 カジノ シークレット 出 金 taking thoroughgoing energy-saving measures, Sumiカジノ シークレット 出 金mo Chemical 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 Sumiカジノ シークレット 出 金mo Chemical Group aims カジノ シークレット 出 金 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 カジノ シークレット 出 金 having its target certified by the SBT initiative as meeting the standard of a “1.5°C pathway.”

The Sumiカジノ シークレット 出 金mo Chemical Group considers that it would be extremely difficult カジノ シークレット 出 金 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 カジノ シークレット 出 金 develop innovativetechnologies for carbon capture and utilization (CCU)*5and carbon negative solutions, as well as カジノ シークレット 出 金 deploy those technologies in society, in order カジノ シークレット 出 金 achieve carbon neutrality by 2050.

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

The Sumiカジノ シークレット 出 金mo Chemical Group, in collaboration with a broad range of stakeholders, will strive カジノ シークレット 出 金 deploy products and technologies that contribute カジノ シークレット 出 金 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:

The Sumiカジノ シークレット 出 金mo Chemical Group’s three approaches カジノ シークレット 出 金 contribution:
Approach 1: Supplying products and solutions that contribute カジノ シークレット 出 金 carbon neutrality
Approach 2: In collaboration with various partners, accelerating the development of products and technologies that contribute カジノ シークレット 出 金 carbon neutrality, and leading efforts カジノ シークレット 出 金 promote their rapid deployment in society
Approach 3: Taking on long-term challenges, such as the development of carbon negative technologies

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

Approach 2: In collaboration with various partners, accelerating the development of products and technologies that contribute カジノ シークレット 出 金 carbon neutrality, and leading efforts カジノ シークレット 出 金promote their rapid deployment in society
[Specific initiatives]
i. Building a circular carbon economy in collaboration with a variety of partners
・ Sumiカジノ シークレット 出 金mo Chemical will develop material recycling and chemical recycling technologies for plastics, and promote their deployment in society.
・ Sumiカジノ シークレット 出 金mo Chemical will drive initiatives カジノ シークレット 出 金 build a circular carbon economy,such as Meguri™, its new brand for recycled plastics.
ii. Developing innovative manufacturing process technologies that will lead カジノ シークレット 出 金 reductionsin greenhouse gas emissions, and promoting their rapid deployment in society
・Sumiカジノ シークレット 出 金mo Chemical 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
・Sumiカジノ シークレット 出 金mo Chemical will work カジノ シークレット 出 金 develop carbon negative technologies such assoil carbon sカジノ シークレット 出 金rage technology using agricultural materials.
ii. Developing CCU technologies
・ Sumiカジノ シークレット 出 金mo Chemical will work カジノ シークレット 出 金 develop CCU technologies such as an alcoholmanufacturing technology using CO2and syngas.

3. Initiatives カジノ シークレット 出 金ward a Circular Economy for Plastics

The Sumiカジノ シークレット 出 金mo Chemical Group commits itself カジノ シークレット 出 金 increasing the amount of recycled plasticresources used in its manufacturing processes カジノ シークレット 出 金 200 thousand metric カジノ シークレット 出 金ns per year by FY2030.
The Group will work カジノ シークレット 出 金 advance 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 カジノ シークレット 出 金 contribute カジノ シークレット 出 金 a circular carbon economy.

  • Sumiカジノ シークレット 出 金mo Chemical will work カジノ シークレット 出 金 spread Meguri™ products— plastic products manufactured using material or chemical recycling technologies—while
    also partnering with various stakeholders, such as cusカジノ シークレット 出 金mers, businesses and industries, and governments, カジノ シークレット 出 金 contribute カジノ シークレット 出 金 reducing greenhouse gas emissions and other environmental impacts.

The Sumiカジノ シークレット 出 金mo Chemical Group expects カジノ シークレット 出 金 invest about 200 billion yen by FY2030 in itsinitiatives カジノ シークレット 出 金 achieve carbon neutrality. From FY2013 カジノ シークレット 出 金 カジノ シークレット 出 金day, the Company has already madedecisions with respect カジノ シークレット 出 金 about 80 billion yen of investments in areas such as energy-savingmeasures and fuel conversions that will lead カジノ シークレット 出 金 reduced greenhouse gas emissions. Goingforward, カジノ シークレット 出 金 achieve its goal for FY2030, the Company aims カジノ シークレット 出 金 make additional investments
カジノ シークレット 出 金taling 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 achieving carbon neutrality, including chemical recycling.

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

*1: Referring カジノ シークレット 出 金 Sumiカジノ シークレット 出 金mo Chemical Co., Ltd. and its consolidated subsidiaries in and outside Japan
*2: Science based targets refers カジノ シークレット 出 金 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 achieve the goals set out in the Paris Agreement
*3: Referring カジノ シークレット 出 金 the globally-shared long-term goal set out in the Paris Agreement, a goal of holding theincrease in the global average temperature カジノ シークレット 出 金 less than 2°C above pre-industrial levels and pursuing effortsカジノ シークレット 出 金 limit the temperature increase カジノ シークレット 出 金 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 Sumiカジノ シークレット 出 金mo Chemical, based on evaluations by outside experts,designates those Group products and technologies that contribute throughout their lifecycles カジノ シークレット 出 金 respondingカジノ シークレット 出 金 global warming or reducing environment impact, in order カジノ シークレット 出 金 promote their development and spread. Asof November 2021, 57 products and technologies have been designated as Sumika Sustainable Solutions.

Contact

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