TOPPAN Holdings revealed it has received net-zero target validation from the Science Based Targets initiative (SBTi) for the TOPPAN Group’s greenhouse gas (GHG) emission reduction targets for the entire value chain, including Scope 1, 2, and 3 emissions.
TOPPAN says the SBTi encourages companies to set GHG emission reduction targets in line with the latest climate science to achieve a society with net zero GHG emissions. It adds that the SBTi verifies and validates that emission reduction targets set by companies are based on scientific evidence and consistent with the levels of the Paris Agreement.
The TOPPAN Group apparently obtained SBT approval in 2019 and 2022, but in 2023 revised the TOPPAN Group Environmental Vision 2050 and the TOPPAN Group medium and long term environmental targets for fiscal 2030 by expanding the scope and setting more ambitious targets. The company states the new SBT approval validates that the revised long-term and short-term targets are net zero targets that are science based and consistent with the levels for the 1.5℃ threshold* targeted by the Paris Agreement.
The company’s newly SBT approved GHG emission reduction targets include a long-term target of net zero Scope 1, 2 and 3 GHG emissions by 2050. The short-term targets involve reducing Scope 1, 2 and 3 GHG emissions by 54.6% compared to the fiscal 2017 level by 2030.
Aiming for a net-zero society, the TOPPAN Group will continue to drive efforts to shape a sustainable society and enhance corporate value as a leader in providing solutions to social issues worldwide through digital transformation and sustainable transformation.
*The level of GHG emission reduction to limit global warming to below 1.5℃ above pre-industrial levels, as agreed at COP21. This forms the basis of the need to achieve net-zero by around 2050.
In 2023, Henkel Adhesive Technologies unveiled its DAREX WBC 711 sealant for food cans, said to lower Greenhouse Gas Protocol emissions by over 30% compared to the existing DAREX OP 2928 compound, excluding the use phase and end-of-life emissions. The sealant is designed for irregular ends of tinplate and aluminium cans lined by shower head or die lining application.
In April this year, research from the University of Sheffield suggested that replacing plastics with alternative materials is ‘likely’ to increase greenhouse gas emissions, with the difference rising to 90% in some cases. The study revealed that compared to alternatives like glass or metal, a range of factors contributed to the reduced environmental impact of plastics, including lower energy intensity in the production process and the weight efficiency of plastics.
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