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SBTI approves CO2 emissions reduction targets of Brother

29
Aug '18
Courtesy: Brother Industries
Courtesy: Brother Industries
The mid-term targets for CO2 emissions reduction set out by Brother Industries Ltd in the ‘Brother Group Environmental Vision 2050’ have been approved by the international environmental initiative Science Based Targets Initiative (SBTI) as the science-based reduction targets for achieving the Paris Agreement’s goal of limiting global warming to well below 2°C.

With this, Brother has become the first company in Chubu—a central region on Japan’s main island, Honshu—to have CO2 emissions reduction targets approved by the SBTI.

The Brother Group, which is into several businesses including textile and apparel machinery, identifies CO2 emissions reduction as one of the priorities in the ‘Brother Group Environmental Vision 2050’, a long-term environmental vision towards 2050.

“The mid-term targets for CO2 emissions reduction, which have been recognised as science-based targets, were set based on the view that worsening worldwide climate change is a serious social challenge and a business risk for the Brother Group that need to be addressed continuously for years. The Group’s reduction targets have been expanded to include CO2 emissions from its value chain that account for more than 90 per cent of its total CO2 emissions (Scope 3) in addition to CO2 emissions from office activities (Scope 1 and 2), which the Group has already been addressing,” the company said on its website.

In April this year, Brother Industries marked the 110th anniversary of its founding. Brother started its history in 1908 as a company providing repair services for sewing machines. Since then, it has been diversifying its business to respond to the changing times and business environment. Now, the company has grown to a global enterprise operating in more than 40 countries and regions and offering a diverse product portfolio ranging from printers and all-in-ones to industrial equipment.

“Brother is currently working on the medium-term business strategy ‘CS B2018’ under the theme of ‘Transform for the Future’. In FY2018, the final year of CS B2018, we will further focus on ‘Business, Operational, and Talent’ transformations and strive to become a multi-business enterprise with resilient DNA and a track record of success that continually evolves to deliver profitable growth by meeting the challenges of changing times and environments,” said representative director & president Toshikazu Koike. (RKS)

Fibre2Fashion News Desk – India


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