• Company

Murata Selected for CDP’s Climate Change A List for 1st Time

12/8/2021

Murata Manufacturing Co., Ltd.
President: Norio Nakajima

NewsArticleTitle

Murata Manufacturing Co., Ltd. (hereinafter, “Murata”) has made the 2021 climate change A List1 compiled by CDP, a global environmental non-profit organization, for the first time. This evaluation is given to companies that are leading the world in setting targets, taking initiatives, and disclosing information on their climate change countermeasures.

1 Assessments are grouped as follows, from highest to lowest: Leadership level (A and A-), Management level (B and B-), Awareness level (C and C-), and Disclosure level (D and D-).

About CDP

CDP is a global environmental non-governmental organization (NGO) that runs the world’s environmental disclosure system for companies, cities, states, and regions. In fiscal 2021, working with more than 590 investors with a total of over $110 trillion in assets under management, CDP used capital markets and corporate procurement to evaluate companies’ initiatives by interviewing them on their efforts to address and strategies regarding disclosure of their environmental information, reduction of greenhouse gas emissions, safeguarding of water resources, and protection of forests. Today, over 14,000 organizations around the world disclose data through CDP, including more than 13,000 companies worth over 64% of global market capitalization, and over 1,100 cities, states, and regions. CDP holds the largest environmental database in the world that is fully TCFD aligned, and CDP scores are widely used to drive investment and procurement decisions toward a sustainable and flexible decarbonized society. For details, please refer to the following website.
CDP Global Website
https://cdp.net/en

Murata’s Climate Change Initiatives

In recent years, companies have been expected to take climate change measures, including decarbonization, to tackle environmental problems that are becoming increasingly serious around the world. To respond accurately to such demands from society, Murata has chosen to reinforce climate change countermeasures as a priority issue (material issue) and conduct business operations with a total GHG reduction target in mind. The Murata Group is investing aggressively to encourage energy conservation and the use of renewable energy.
As an energy-saving initiative, Murata has continued for many years to implement 450–600 energy conservation measures annually (equivalent to about 50,000 tons of CO2 reduction). However, recent business expansion had outpaced the effects of these efforts, and total GHG emissions2 had been increasing in recent years. Since fiscal 2018, Murata has been working actively to expand its use of renewable energy in addition to conserving energy. Total GHG emissions peaked in fiscal 2018 and then began decreasing, reaching 1.435 million t-CO2e for fiscal 2020 (a reduction of 174,000 t-CO2e year over year). Going forward, Murata will continue making efforts to achieve its emissions targets of 1.4 million tons for fiscal 2021, 1.28 million tons for fiscal 2024, and 870,000 tons for fiscal 2030.
Seeking to promote the use of renewable energy, Murata joined RE1003 in 2020. Murata has set the goals of using 50% renewable energy for business purposes by 2030, and 100% by 2050. In November 2021, Kanazu Murata Manufacturing Co., Ltd. went 100% renewable for electricity associated with business activities by leveraging storage batteries, which are a Murata technology, plus energy management technology. Murata will actively roll out measures to expand the use of renewable energy to each group company.

To further accelerate such environmental investment, Murata has been operating a carbon pricing system4 since fiscal 2021. By assigning an economic value to CO2 reduction and embedding it into its investment index, Murata has made it easier for group companies to make environmental investments. Murata aims to design this system and all its systems to be highly effective at driving CO2 reduction.
Looking to help realize a sustainable society, Murata will not only solve its own challenges, but also contribute to the reduction of environmental impact and the resolution of social issues across society through its unique products and technologies, working to create economic value and social value along the way.

2 Total GHG emissions: Total greenhouse gas emissions. Murata’s total GHG emissions cover Scope 1 and Scope 2.
3 RE100: An international initiative aiming to switch the power used in business activities to 100% renewable energy. RE100 is led by The Climate Group in partnership with CDP, as part of the We Mean Business coalition. Since 2017, Japan Climate Leaders’ Partnership (JCLP) has been The Climate Group’s Regional Delivery Partner on the RE100 initiative in Japan, supporting Japanese companies’ participation and activities.
4 Carbon pricing system: A shadow pricing system at Murata Manufacturing. A system to encourage environmental investment by assigning economic value to CO2 that can be reduced by investment.

 

On Murata’s website:
Murata’s material issues
Murata’s responses to climate change

Murata has received a score of A- on Water Security from CDP since last year. Please refer to the following website for Murata’s water resource management policy.
Water resource management at Murata

 

 

Related press releases:

Murata participation in Global Environmental Initiative RE100 - Aiming for 100% renewable energy use by 2050 -
https://corporate.murata.com/en-global/newsroom/news/company/csrtopic/2020/1217

Kanazu Murata Manufacturing's Plant Set to Operate on 100 percent Renewable Energy- Reducing the load on social infrastructure by deploying the largest storage battery system in the Hokuriku region -
https://corporate.murata.com/en-global/newsroom/news/company/csrtopic/2021/1012

 


Murata in Brief

Murata Manufacturing Co., Ltd. is a worldwide leader in the design, manufacture and sale of ceramic-based passive electronic components & solutions, communication modules and power supply modules. Murata is committed to the development of advanced electronic materials and leading edge, multi-functional, high-density modules. The company has employees and manufacturing facilities throughout the world.

For more information, visit Murata's website

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