The latest statement issued by the Japan Climate Initiative (JCI), Tokyo/Japan, which has called on the Japanese government to take stronger action to mitigate climate change, including by introducing renewable energy, despite the fossil-energy crisis and global instability, is being supported by Teijin.
The JCI network was established in Japan in 2018 to help entities working to combat climate change to strengthen their intercommunication and exchange best practices and solutions. Global energy supply has been destabilized by soaring prices for crude oil and natural gas due to the crisis in Ukraine. Japan, which is heavily dependent on fossil fuels, has been strongly affected by such circumstances. Nevertheless, despite current global conditions, the JCI has newly urged the Japanese government to address climate-change countermeasures.
Teijin Ltd., Tokyo, a member of JCI, has set internal goals for lowering its group-wide environmental impact, include targets for achieving net-zero emissions by 2050. As one such practical initiative, Teijin introduced internal carbon pricing to quantify CO2 emissions as costs and thereby create economic incentives to reduce emissions.