Japan Tobacco Inc. (JT) (TSE:2914) launches its latest JT Group Environment Plan with the aim to achieve its new targets by 2030. The plan is a key component of the Group’s commitment to conduct its business in a sustainable manner and will supersede the current Environment Plan 2020i.
Energy and Emissions:
Doubling the proportion of renewable electricity that we use to 25% by 2030 and 100% by 2050.
Reducing Greenhouse Gas (GHG) emissions from our own operationsii and emissions associated with our purchased goods and servicesiii by 32% and 23%, respectively.
Natural Resources:
Reducing water withdrawal associated with our tobacco business by 15%.
Replacing all wood from natural forests used in the tobacco curing process of our directly contracted growers with renewable fuel sources.
Waste:
Reducing waste associated with our tobacco business by 20%.
“We are looking forward to meeting this new plan’s objectives, which reflect changes in our business, societal expectations, and growing scientific understanding of the environment,” said Chigusa Ogawa, Senior Vice President, Sustainability Management. “Our new targets go beyond our current plan, and address a broader range of issues that affect not only our operations, but also key elements of our value chain. We are particularly proud that our science-based GHG emission reduction target has recently been approved by the Science Based Targets initiative (SBTi)iv. We will track performance and progress toward our objectives and targets and we will revisit the plan periodically to ensure that it remains relevant to our business and stakeholders”. […]
i For the details, please see https://www.jt.com/sustainability/people_planet_society/planet/enviroment/
ii Refers to both Scope 1, direct GHG emissions from corporate activities, and Scope 2, indirect GHG emissions from consumption of purchased electricity, heat or steam.
iii Refers to Scope 3 Category1, other indirect emissions, including from the manufacture of products bought from other companies.
iv For the details, please see our press release https://www.jt.com/media/news/2019/pdf/20190227_E01.pdf