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- May 15, 2023Corporate
- May 15, 2023Corporate
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Reducing the Environmental Impact of Our Business
Reducing the environmental impact of business activities is a social responsibility for companies that must be fulfilled in order to realize a sustainable society as well as an important measure for achieving sustainable growth. Accordingly, we are striving to reduce greenhouse gas (GHG) emissions and waste, effectively use energy and resources, and develop environmentally friendly and safe products.
Initiatives to Address Climate Change
Based on international frameworks, such as the United Nations Sustainable Development Goals and the Paris Agreement, Terumo recognizes that reducing GHG emissions from its business activities, through means such as improving energy efficiency and combating climate change, is an important responsibility and is advancing Group-wide activities to this end.
Companies are now expected to set science-based GHG emission reduction targets and to work toward the achievement of these targets in order to contribute to accomplishing the Paris Agreement’s goal. Terumo has established the Group’s new target of GHG emission reduction for fiscal 2030 based on the methodology for setting GHG emission reduction target endorsed by the international initiative known as Science Based Targets. The Scope 1* and 2* target was re-approved by the Science-Based Targets initiative in March 2023, and the 2030 target was increased from a 30% reduction compared to 2018 to a 50.4% reduction, with an update from the ‘well-below 2 degrees pathway’ to the ‘1.5 degrees pathway’, which was certified in 2020. In addition, the Terumo Group aims to achieve carbon neutrality by 2040 and sets a target for the proportion of renewable energy used.
Terumo Group’s target of GHG emission reduction
Scope 1* and 2*
- Reduce absolute GHG emissions 50.4% by 2030 from a 2018 base year
- Increase a ratio of renewable electricity use up to 50% by 2030
- Achieve carbon neutrality by 2040
- Reduce GHG emissions 60% per unit of revenue by 2030 from a 2018 base year
Scope 1: Direct GHG emissions by the company (e.g. fuel combustion)
Scope 2: Electricity indirect GHG emissions (e.g. GHG emissions from electric companies)
Scope 3: Other indirect GHG emissions (e.g. production of purchased materials, transportation, and waste disposal)
Terumo Group’s Target for Greenhouse Gas Reduction Approved by the SBT Initiative as 1.5°C Aligned（April 24,2023）
Development of Environmentally Friendly and Safe Products
Terumo has established and applied to product development its proprietary Human×Eco Development Guidelines, a set of guidelines for developing products that are friendly to both people and the environment. Products that exhibit excellence with regard to the guidelines display the “Human×Eco” logo, an internalcertification mark, to make this excellence readily apparent to customers.
Human×Eco Development Guidelines
Examples of Human×Eco Certified Products
Infusion Pump—Resource Conservation and Improved Usability
An infusion pump is a medical device that administers an intravenous solution (IV) etc. at a specified flow rate. By comparison with conventional devices, this product is around 40% lighter. This makes it easier to carry around, and it is also expected to make a positive contribution to environmental protection through resource conservation and enhanced delivery efficiency. Furthermore, the use of a color LCD display makes the display easier to read, and the provision of a wireless communication function that enables simple transfer of activity record data is expected to contribute toward enhancing the working efficiency of medical professionals.
Intravascular Ultrasound Catheter—Shortened Examination Times and Improved Efficiency
Intravascular ultrasound catheters are used when performing intravascular ultrasounds, an examination technique thatutilizes ultrasonic waves to observe the inside of blood vessels. By improving the image resolution, image acquisition, and processing speeds, and ease of operation of our catheters, we have helped reduce the amount of time required for preparations, examinations, and image interpretation pertaining to intravascular ultrasounds. We anticipate that the shorter procedure times will reduce the burden on patients and medical professionals and thereby contribute to the realization of safer and more efficient treatments.
IV (Intravenous) Solution Bag— Conservation of Resources and Reduction of Waste
TERUPACK Eco is an IV solution bag designed to be environmentally friendly. It is manufactured with less plastic, in a production process that consumes less energy and emits less CO2 than previous processes. In addition, because TERUPACK Eco bags weigh 23% less than prior bags, we expect them to generate less waste and reduce overall impact on the environment.
TRI Introducer Kit—Minimally Invasive and Medically Cost Efficient
Percutaneous coronary intervention (PCI) can be performed by inserting a catheter at either the wrist or the groin. Inserting at the wrist, in a procedure called transradial intervention (TRI), entails fewer complications, such as post-procedure bleeding, and is less invasive. Terumo has developed an innovative introducer kit that features a sheath with a thinner, more finely formed wall for a smaller outside diameter. A narrower sheath makes more treatment options available for patients with small arteries while also reducing costs and resource usage associated with post-procedure complications.
Effective Utilization of Water Resources
The Terumo Group uses water for production of medical devices and pharmaceuticals including IV solutions. While water shortages are becoming more serious worldwide, effective use of water resources is a social responsibility for companies that must be fulfilled and also an important initiative for the Terumo Group to ensure the sustainable supply of products. In this light, we examine the state of water resources and ascertain risks and opportunities in water use in every country and region where Terumo’s manufacturing sites are based. The Terumo Group also strives to use water resources effectively and to reduce water consumption by, for example, circulating water and using rainwater.
Initiatives for Biodiversity Conservation
Terumo understands that our lives and health and even the practice of medicine itself depend on the existence of diverse living organisms and ecosystems. As a company whose business draws benefits from nature, Terumo seeks to preserve biodiversity through environmental education and reforestation activities and works to support the development of a society in which humans coexist with nature.
Mt. Fuji Reforestation Project
Terumo has two factories in the city of Fujinomiya in Shizuoka, Japan. Both take in groundwater from springs at the foot of Mt. Fuji for use in the production of medical devices, pharmaceuticals, and other products. Recognizing that our business depends on the use of natural resources, we launched the Terumo Mt. Fuji Reforestation Project in fiscal 2003 with the aim of restoring the natural forests in this area. This project involves the reforestation of parts of Mt. Fuji’s forests where many trees have been destroyed by typhoons. Repopulating these areas with native tree species will help them become more resistant to future natural disasters and ensure that they can continue to serve as a source of groundwater.
In fiscal 2011, three parties—Shizuoka Prefecture, a local forest owner, and Terumo—entered into an agreement called the Shizuoka Mirai-no-Mori (Future Forest) Supporter Pact. Under this agreement, we plant trees and maintain forested areas to create the Terumo Megumi-no-Morireserve within the Fumoto district of Fujinomiya. Moreover, we are engaged in year-round reforestation activities based on the concepts of the environment, living organisms, interaction, and health through this agreement.
Volunteers planting trees
Volunteers creating walking paths paved with wood chips
For details, please refer to our Terumo Report ESG Section.