(MENAFN- PR Newswire) KYOTO, Japan, Nov. 8, 2022 /PRNewswire/ -- OMRON Corporation headquartered in Shimogyo-ku, Kyoto, became a member of The
Climate Group's 'EP100' (*1) initiatives. OMRON is the first Japanese company
in the manufacturing industry and the fourth Japanese company in general to
join the EP100 initiative, which brings together over 120 energy smart
businesses committed to measuring and reporting on energy efficiency
improvements.
OMRON's logo:
EP100's logo:
With its Industrial automation and Healthcare businesses joining the
Initiative, OMRON commits to doubling its energy productivity. The goal is to
double the amount of sales per gigawatt hour (Gwh) compared to 2016 levels by
2040. 'Energy productivity' (*2) refers to the absolute amount of energy
consumption in the denominator and the amount of sales and value added in the
numerator for Scope 1 and Scope 2. It is an indicator that aims to achieve
reduction in energy consumption and simultaneously boost economic growth.
Improvement of energy productivity:
Carbon Zero in 2050
In its long-term vision 'Shaping the Future 2030,' launched in April 2022,
OMRON expressed its commitment to solving social issues through its business.
By transforming its organization in the years to come, the company aims to
contribute to social needs such as achieving carbon neutrality. It is committed
to reducing greenhouse gas emissions, and bringing about a decarbonized society
through energy conservation and cleaner power consumption.
To achieve 'Carbon Zero in 2050,' as committed to in 2018, OMRON set a target of reducing greenhouse gas emissions (Scope 1 and 2) from its own operations by 53% in fiscal year 2024 and 65% in fiscal year 2030, compared to fiscal year 2016.
To achieve these targets, OMRON is expanding its energy conservation and
creation efforts while working to achieve zero carbon emissions at 76 sites in
Japan by fiscal year 2024, as outlined by its mid-term management plan 'Shaping
the Future Phase 1.'
Unique energy productivity initiatives
To achieve both zero carbon and business growth, OMRON is developing unique
initiatives to reduce absolute energy consumption and improve productivity --
with the end goal of realizing double energy productivity. For more than a
decade, its Industrial Automation Business has been working to balance quality
and productivity improvements with global environmental conservation at its
Ayabe Plant (Ayabe City, Kyoto Prefecture) and other in-house factories.
Providing the technologies and know-how cultivated through these efforts allows
the company to lead the manufacturing industry in energy productivity
improvement. These products and services are not only used at its own
production sites but also the manufacturing sites of its customers.
Starting now, the Industrial Automation Business will visualize production
volume, quality, and energy consumption as well as evaluating the potential for
energy reduction at the respective production bases of its Healthcare Business.
Through the Industrial Automation Business' energy control technology, OMRON
will build a system in which improving productivity will directly lead to
energy reduction. In addition, the Industrial Automation Business will
proactively deploy the technologies and know-how acquired through these
initiatives to its customers and partners to help manufacturers around the
world not only reduce greenhouse gas emissions but also realize resilient manufacturing.
Mr. Toby Morgan, Senior Manager of Built Environment at Climate Group, gave this welcome to the affiliation.
'We are delighted that OMRON has signed up to EP100, joining over 120 other
members who are committed to doing more with less. By committing to improving
their energy efficiency, OMRON is showing ambition and leadership in Japan,
demonstrating how other corporates in this region can lower emissions, reduce
costs and accelerate the transition to a climate-resilient economy.'
Yoshihito Yamada, President and CEO, OMRON Corporation, also commented on
joining the EP100.
'In OMRON's long-term vision for the next 10 years, 'Shaping the Future 2030,'
we identified 'Contributing to Achievement of Carbon Neutrality' as one of the
social issues to be addressed through our business activities. OMRON is serious
about its commitment to the social issue of climate change, and joining the
EP100 is another important step to realize our ambition of carbon neutrality.
We want to promote carbon neutrality throughout our entire value chain by
empowering our customers to curb their emissions using our initiatives and
solutions. Climate consciousness is not only a part of our responsibility to
our planet, but also a key differentiator to ensure we run a future proof business. OMRON is committed to fulfill its corporate social responsibility to the earth and society, while transforming carbon neutrality into a competitive advantage for the company and further increasing the added value of its value chain to enhance its corporate value.'
Innovation for a sustainable future
In light of the urgency for agreement at the United Nations Framework Convention on Climate Change Conference of the Parties (COP27), OMRON is determined to provide the industry leadership needed to accelerate climate action and work to create more resilient and sustainable automation together
with its customers and partners across the value chain.
Notes:
(*1) An international corporate initiative in which companies participate with the goal of doubling the energy productivity of their operations (e.g.,
improving energy efficiency by 50%). Abbreviation of '100% Energy Productivity,' meaning doubling the energy efficiency (Energy Productivity) of a business.
(*2) Ratio of economic productivity to energy consumption. It is an indicator
for Scope 1 and 2 of the company's business locations, with absolute energy
consumption in the denominator and sales and value-added in the numerator,
aiming to achieve both energy consumption reduction and economic growth.
About Omron Corporation:
- Long-term vision 'Shaping the Future 2030'
- Sustainability Initiatives
About EP100:
About Climate Group:
SOURCE OMRON Corporation