Biodiversity Conservation
For basic views, structure, and targets, please refer to Environmental Management.
For performance data for environmental indicators, please refer to the CSR Book (ESG Data).
Initiatives and Results
The Sumitomo Electric Group believes that it receives the blessings of nature (ecosystem services) through its corporate activities in the form of raw material procurement and product manufacturing and that contributing to the preservation of ecosystems and the protection of local environments is necessary to sustain its business activities. Through our TNFD initiatives, we are working to reduce the environmental impact from our business activities, including the promotion of environmental conservation activities rooted in the local communities of our respective sites and the expansion of our environmentally friendly product range. We are promoting these eorts through our business operations across the Group. Regarding our biodiversity conservation activities, we are implementing environmental protection activities to restore nature, such as forest conservation and protection of endangered species, as part of our Eco-Activities 2030 initiative. The status of these activities is shared at the “Global Environment Promotion Conference” to further boost these activities.
Assessment and Disclosure Based on the TNFD Framework
We have disclosed information regarding nature-related dependencies and impacts, assessed based on the Taskforce on Nature-related Financial Disclosures (TNFD) framework.
Assessment and Disclosure Based on the TNFD Framework
Eco-Activities 2030
The Group is promoting “Eco-Activities 2030,” with the goal of implementing more than 300 initiatives to restore nature, including biodiversity conservation and local environmental protection, in more than 20 countries and regions by 2030. Specifically, this includes initiatives at our sites, including community cleanup, activities aimed at resource conservation and recycling, biodiversity conservation, as well as contributions made through the development and manufacture of products that have a positive impact on ecosystems. With the participation of Nissin Electric Co., Ltd. in FY2024, we have expanded these activities with an increase in the number of activities.
Regarding the results of the FY2024 Eco-Activities, the number of activities stood at 299, an increase of 51 from the previous year, significantly exceeding the target of 235 or more.
<Activity example>
Rain garden/waterscape (Nissin Electric Co., Ltd. Kyoto)
Nissin Electric Co., Ltd., a member of the Sumitomo Electric Group, is working to develop green spaces that take biodiversity into consideration. The company grows plants indigenous to its area through the development of a “rain garden,” which prevents sudden runo into public drainage by allowing rainwater that falls on its premises to slowly seep into the ground and a “waterscape,” which creates a natural river environment that circulates collected rainwater using solar power.
In FY2023, a new “rain garden” was created at the Kuze Works. Going forward, we will promote initiatives that will contribute to the expansion of conservation activities in cooperation with local residents, universities, and technical research institutes.
