Targeting Net Zero Across Value Chain by 2050
TOKYO, Apr 18, 2024 -- OKI (TOKYO: 6703) has revised its FY2050 targets for global warming prevention in the OKI Group Environmental Vision 2030/2050 (“Environmental Vision” hereinafter) which sets forth medium- to long-term environmental goals. As a company committed to helping to resolve social issues under the key message “Delivering OK! to your life,” OKI aims to achieve net zero by eliminating CO2 emissions from its entire value chain, including its own sites.
OKI has been strengthening initiatives in areas such as global warming prevention, with “reducing environmental impact through business activities” held as one of its material issues (materiality). In 2023, OKI obtained certification (SBT certification) from the international Science Based Targets initiative (SBTi) (Note1) for its FY2030 greenhouse gas emission reduction targets outlined in the Environmental Vision as levels that are consistent with scientific knowledge. In this revision to the Environmental Vision, OKI sets out to achieve the net zero goal across its value chain, including its own sites, as its FY2050 targets. OKI plans to obtain SBT certification for these long-term targets as well.
