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Teijin Limited emission reduction targets approved by SBTi

November 26/2021

MOSCOW (MRC) -- Teijin Limited announced that it has been informed by the Science Based Targets initiative (SBTi) that its new targets for greenhouse gas emissions is now officially validated as science-based targets (SBT) that limit global temperature rise to well-below two degrees Celsius, said the company.

Teijin is the first enterprise in Japanese chemical industry to receive this recognition. Teijin declared its commitment in February 2021 that the company to being validated under SBT within two years and realized the aim earlier than planned.

Teijin has established forward-looking long-term goals like net-zero in-house emissions by fiscal 2050 and committed to make avoided emissions by its products more than total emissions in supply-chain by fiscal 2030. The goals include reducing internal CO2 emissions by 30%, which was increased from the former 20% target, and two-thirds of total supply-chain emissions by 15%, both as of 2030 compared to 2018 levels.

Teijin, under its long-term vision of being a company that supports the society of the future, is delivering solutions to help realize a more sustainable society in three key fields: 1) environmental value, 2) safety, security and disaster mitigation, and 3) demographic change and increased health consciousness. As a people-focused company, Teijin provides innovative solutions for enhanced quality of life and also works to minimize any negative impact on the environment or society in its business activities.

As per MRC,Teijin says that its subsidiary Teijin Carbon Europe (Heinsberg, Germany) has increased the production capacity of chopped carbon fiber by 40%. The company says that it is responding to the growing demand from European electronics manufacturers in recent years, as well as the current increase in demand for compounds for medical devices.

As MRC reported before, Teijin Ltd. is expanding its footprint in Europe with Teijin Automotive Center Europe GmbH, a new base in Wuppertal, Germany, that will house technical functions for the companys automotive composites business.

Teijin is a technology-driven global group offering advanced solutions in the areas of sustainable transportation, information and electronics, safety and protection, environment and energy, and healthcare. Its main fields of operation are high-performance fibers such as aramid, carbon fibers & composites, healthcare, films, resin & plastic processing, polyester fibers, products converting and IT. The group has some 150 companies and around 17,000 employees spread out over 20 countries worldwide.
Author:Anna Larionova
Tags:petroleum products, compounding, compounds, neftegaz, petrochemistry, Teijin, sustainable development, Japan.
Category:General News
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