Green Energy
Otsuka Chemical (India) Private Limited announced that it has built a large-scale solar power generation facility (mega solar)
in Jaisalmer, Rajasthan. The planned annual generation capacity of the facility is 15 million kWh, which is expected to result in a 14,000-ton reduction in the CO2 emissions of Otsuka Chemical (India) annually.
The Otsuka group specifies that the material issues related to its environmental efforts are carbon neutrality, circular economy and water neutrality. It has set a medium-term target of reducing CO2 emissions by 50% by 2028 compared to 2017. India is the region accounting for the group’s third largest CO2 emissions following Japan and Indonesia. We will continue our efforts to reduce environmental impact by promoting the introduction of renewable energy in India as well.
The Otsuka group of companies, as a group is working to contribute to the realization of a decarbonized society, and thereby a sustainable society, through the use of new technologies and solutions.
Otsuka group’s environmental goals
Based on its 2050 Environmental Vision, “Net Zero,” the Otsuka group aims to reduce the total environmental impact of its business activities to zero. The group has set medium-term targets for each of its three environmental material issues and is making a group-wide effort to achieve them.
Materiality
Approach
Our Goals
Related SDGs
Carbon Neutrality
Sustainable energy use
Reduce greenhouse gas emissions from business activities to virtually zero (make emissions and absorption the same)
2028 targets : Reduce 50% in CO2 emissions compared to 2017
Circular Economy
Sustainable use of raw materials
Recycle resources by reusing waste discharge from business activities as new raw materials (minimize waste)
2028 targets : Reduce 50% in simple incineration and landfill disposal compared to 2019 2030 targets : 100% content of recycled and plant-based
materials in our PET bottles
Water Neutrality
Sustainable use of water resources
Ultimately eliminate the impact on water resources of water withdrawal and discharge in business activities (exist in harmony
with local water resources)
2028 targets : Expand the plant water management program to all locations globally
2028 targets : Develop a water use strategy for business
locations in water-stressed areas
