The impact of global warming, including extreme weather events, is increasing year by year, and efforts to prevent global warming have become an important challenges for the international community. The Paris Agreement at COP21 calls for limiting the average global temperature increase to less than 2 degrees Celsius compared to pre-industrial levels, with the goal of essentially reducing greenhouse gas emissions from human activities to zero. To this end, we have established an medium- to long-term environmental vision (ECO VISION 2050) based on our "Global Environmental Policy". Recognizing the corporate social responsibility for the environment, we will promote environmentally friendly activities in all of our business activities in order to realize a richer global environment.
Under the corporate philosophy "Dedicated to the Fight against Disease and Pain,” ONO group contributes to the realization of a sustainable and prosperous society by creating innovative medicines and working on solving environmental issues such as climate change.
ONO has established a medium- to long-term environmental challenge vision for 2050, named “Environmental Challenge Ono Vision (ECO VISION 2050)” to realize a sustainable society.
In recent years, the global environmental issues including climate change and other issues have become serious. In the future of 2050, it is expected that people's healthy and sound life will be threatened due to various threats such as water and food shortages, increase of new diseases, devastating natural disasters and so on.
In order to promote the creation of a healthy and sound society through the discovery and development of innovative pharmaceutical products under the corporate philosophy to be "Dedicated to the Fight against Disease and Pain", it is important that we recognize that our business activities are supported by a sound global environment and that we will strengthen our activities toward the resolution of environmental challenge. We believe that such activities are not only our corporate responsibility for the environment, but also lead to build the foundation for sustainable business activities.
We will challenge to reduce the environmental burden in anticipation of 2050 based on the ECO VISION 2050 so that people can welcome a healthy and sound society.
Based on our medium- to long-term environmental vision, "ECO VISION 2050," established in 2019, we have set respective goals and taken initiatives to realize a "decarbonized society," "water recycling society," and "resource recycling society.” In fiscal 2023, we reviewed our medium- to long-term environmental targets in order to strengthen and accelerate our efforts to address various environmental issues around the world, and we established the following new targets. We recognize that the new target represents a goal that can lead the industry to promote the "creation of a healthy and sound society" as set forth in ECO VISION 2050. We will accelerate various initiatives to achieve our goals.
ONO has been working toward decarbonization by setting ambitious targets from an early stage, setting a goal of zero emissions (Scope 1+2) of the company itself by 2050, which was approved by SBTi in October 2019 as a 1.5°C target, the highest level at that time. (For more information, please visit here.) In fiscal 2023, in order to accelerate our efforts, we have set a new goal of achieving carbon neutrality* for our own emissions (Scope 1+2) by 2025, and moving up the target date for achieving zero emissions from 2050 to 2035.
In terms of energy, we will further increase the use of renewable energy sources (we joined RE100 in June 2020).
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Previously, we have set a target for reducing the use of water resources (water withdrawal). In FY2023, we revised our approach to a risk-based approach based on water-related risks in each catchment. We aim to minimize water-related risks associated with our business activities by 2030, and achieve sustainable management of water resources. The following targets have been set to achieve these goals.
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In order to promote the formation of a recycling-based society and contribute to the realization of a sustainable society, we revised our medium- to long-term goals for the realization of a resource recycling-oriented society in FY2022. From FY 2023, we will work to achieve the following targets.
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| Reduce the Environmental Impact of Product Packaging |
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To realize "ECO VISION 2050," we have set 3 priority items: "Realization of a decarbonized society," "Realization of a water recycling society," and "Realization of a resource recycling society," and have set specific medium-to long-term targets for greenhouse gas, water, and resource recycling in 2019. We have also set annual targets.
Our medium- to long-term greenhouse gas reduction targets are classified by the SBTi as the most ambitious "1.5 °C target." For more information, please see here (Environmental Initiatives). As for energy, we will increase the use of renewable energy in line with the RE100 target that we joined in June 2020.
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