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LIXIL Corporation has unveiled its updated environmental strategy which outlines how LIXIL will tackle key environmental issues.
LIXIL Corporation is a maker of pioneering water and housing products.
The key environmental issues to be addressed by the strategy include; climate change mitigation and adaptation, water sustainability, and contributing to the realisation of a circular economy.
In each of these three focus areas, the updated strategy sets out new mid-term targets across LIXIL’s operations, value chain and beyond, to expand the positive impact the company is having on environmental and social issues of the world.
The company’s approach extends beyond the mitigation of risks and adaptation, but throughout its value chain; leveraging its expertise to change the way people live, today and tomorrow.
Reacting to this development, president and CEO of LIXIL, Kinya Seto, said: “as a purpose-driven organisation, LIXIL is embedding ESG activities and commitments into our core business strategy, to ensure that we are having a positive impact and to strengthen our business over the long-term.
“Our updated environmental strategy is central to this approach, ensuring that we are aligned across our business to important environmental commitments, but also because it will allow us to capture new opportunities and manage risks.”
Demonstrating the company’s strengthened commitment to accelerate efforts for sustainable business practices from operations and in collaboration with business partners, LIXIL recently marked its third consecutive year on the Supplier Engagement Leaderboard and Water Security A List by the CDP, one of the founding partners of the SBTi.
On climate change mitigation and adaptation, LIXIL has renewed its certification from the Science Based Targets initiative (SBTi) in line with its targets to cap global temperature increase at 1.5ºC compared to pre-industrial temperatures. By 2026, LIXIL’s window product line-up ratio will become 100 per cent high-performance for newly constructed homes and will continue to enhance technologies for improved energy efficiency, replacing existing windows and housing products in response to the growing renovation market.
On water sustainability, the company said, by 2050, an estimated 40 per cent of the world’s population will suffer from severe water depravation, adding that, “as the world’s leading water technology provider, LIXIL will improve water use efficiency by 20 per cent in its operations by FYE2031 and will reduce water usage at water-scarce business sites in accordance with TNFD.”
On circular economy, the firm said, across the value chain, LIXIL has set enterprise-level targets to reduce single-use plastics used for packaging, increase resource efficient products and solutions, building take-back systems for product to product use; supported by repairing, resale or leasing services to ensure products can be used longer.
Chief technology officer and chair of the Environmental Strategy Committee, Uchu Mukai, said: “with the updated Environment Strategy we want to reduce our CO2 targets by evaluating our total emissions, including Scope 1, 2, and 3, protect water – one of the most precious resources – and focus on circular solutions that can have a positive impact on our planet; aiming at waste reduction from our facilities, resource efficiency, circularity throughout our products along the value chain.
“With the addition of Biodiversity as an interconnecting material issue, we believe that this strategy is an important step forward in addressing challenges and to have a positive impact on our business and the environment.”
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