News Releases / 2024
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June 5, 2024
Rengo Revises Indicators and Targets of Eco Challenge 2030
Rengo Co., Ltd. announces that it has revised the indicators and targets of three core issues—creation of a carbon-free society, creation of a recycling-oriented society, and water risk management—under Eco Challenge 2030, its environmental target for FY2030, to further strengthen its initiatives for these three core issues. The company has also budgeted an estimated 70 billion yen for environmental investment to achieve these targets.
With "Less is more." which means generating more value with less resources, as the key concept for environmental management and packaging manufacturing, the Rengo Group will advance initiatives toward achieving the targets of Eco Challenge 2030 to seek the realization of a sustainable society and further improvement of the Group's value.Revisions to Indicators and Targets of Eco Challenge 2030
Creation of a carbon-free
societyThe applicable gases and scope have been expanded, and Rengo Group companies in Japan will unite as one to reduce greenhouse gas emissions. Creation of a recycling-oriented
societyThe Rengo Group will undertake the effective use of resources, raising the target for the percentage of recovered paper utilized for paperboard together with increasing use of unused materials. Water risk management A new target for reducing water usage has been established, and Rengo Group companies in Japan will unite as one to reduce water risk. Eco Challenge 2030 (excerpt showing revisions)
Core issue Item Indicator FY2031 Target Creation of a
carbon-free
societyGreenhouse
gas emissions
reductions[Before]
CO2 emissions derived
from fossil energy
(compared to FY2014)
· Scope
Rengo (non-consolidated) and
consolidated subsidiaries
in Japan subject to the
Act on the Rational Use of
Energy*1
[After]
Greenhouse gas emissions*2
(compared to FY2014)
· Scope
Rengo (non-consolidated) and
consolidated subsidiaries in Japan
(excluding non-manufacturing
sites such as offices and
warehouses)46% reduction Creation of a
recycling-oriented
societyEffective use of
resourcesPercentage of recovered paper
utilized for paperboard
· Scope
Paperboard manufacturing
sites of Rengo (non-consolidated)
and consolidated
subsidiaries in Japan[Before]
98% or more
[After]
99% or more
* By FY2028[New] Increase use of unused
materials
· Scope
Paperboard manufacturing
sites of Rengo (non-consolidated)
and consolidated subsidiaries
in Japan[New]
Aim to procure
unbleached
pulp derived from
domestic unused
materials
* By FY2028Water risk
managementWater risk
evaluation
and risk
reduction[New]
Water usage per unit
production*3
(compared to FY2022)
· Scope
Manufacturing sites of Rengo
(non-consolidated) and
consolidated subsidiaries
in Japan*1[New]
22% reduction*1 Excluding subsidiaries of consolidated subsidiaries in Japan
*2 Adjusted greenhouse gas emissions based on the Act on Promotion of Global Warming Countermeasures
*3 Water usage ÷ sales