At the Sumitomo Electric Group, we will proceed with the Eco-Activities 2030 program, designed to implement 300 or more activities to conserve biodiversity, preserve community environments, and restore nature in at least 20 countries and regions by 2030. Specifically, the program includes activities, such as community cleanup, activities for energy-saving and recycling and biodiversity conservation activities (forest conservation and endangered species conservation), carried out by our business facilities, and contribution through the development and manufacturing of products that have a positive impact on the ecosystem. We will work on the Eco-Activities 2030 program as part of “Go for Green 2025” and expand the scope of our initiatives for contributing to conserving biodiversity.

In view of growing demand for information disclosure on environmental impacts including on biodiversity, we launch an environmental impacts survey of our Group business starting fiscal 2024. We are going to survey and analyze environment loads in manufacturing sites in each Group company and those in value chains. When it comes to environmental loads in value chains, as showed in the material balance, we recognize that those of mineral resources including copper, aluminum, and iron are larger than those of raw materials derived from biological materials.