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Committed to People, Committed to the Future.

Actions for the Achievement of Sustainable Development Goals (SDGs)

Toshiba Group and the SDGs

The main plank of the "Toshiba Group Basic Commitment" is "Committed to people, Committed to the Future.". This expresses Toshiba Group's unwavering determination to contribute to the development of society through its business, and is consistent with the direction of the SDGs, which aim to realize a sustainable society. Acting in good faith in our daily activities, and with a passion to make the world a better place, looking to the future beyond the next generation, and to create that future with our stakeholders—inspired by these ideas, Toshiba Group has and will continue to bring together the creativity and technological capabilities it has cultivated to confront social issues that are becoming more complicated and serious, and to turn on the promise of a new day.

The Essence of Toshiba

[Image] The Essence of Toshiba

Sustainable Development Goals

[Image] Sustainable Development Goals

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Contributions to Achieving the SDGs through Corporate Activities

The SDGs Secretariat, comprising Toshiba's corporate divisions, promotes SDGs understanding and initiatives, and has played the central role in coordinating with key Group companies and exchanging opinions to clarify the relationships between our business and the SDGs. Within that process, and with consideration of impacts on society throughout our value chain, eight goals that Toshiba Group can contribute to through its business were identified, and our intention to accelerate those initiatives was announced in the Toshiba Next Plan (FY2019-23 Business Plan). Since then we have added two more goals where we can contribute outside of business, and by centering on these 10 goals Toshiba Group will continue to contribute to the achievement of the SDGs in all of its corporate activities.

With the SDGs, working toward one goal has the ripple effect of contributing to another goal, and with this in mind, Toshiba Group will continue to undertake initiatives that extend beyond the aforementioned 10 goals to cover all 17 of the SDGs.

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Response to Climate Change

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Among the wide range of issues identified by the SDGs, climate change is one with a social impact that increases in seriousness with each passing year and that threatens the safety and security of future generations. Given this situation, companies are also required to play their part in taking speedy and positive action.

Toshiba Group recognizes responding to climate change as one of its most important management issues. Accordingly, we set annual targets to guide initiatives for reducing greenhouse gas emissions in both our own business activities and the products and services we provide.

Going forward, we will intensify our activities based on Environmental Future Vision 2050, a long-term vision looking ahead to the year 2050. As part of the Vision’s response to climate change, which calls for a contribution encompassing Toshiba Group's entire value chain, we aim to achieve a 50% reduction in greenhouse gas emissions generated within the Group value chain by FY2030 compared to FY2019 level and to contribute to realizing a net zero emissions society by 2050. To fulfill these targets, we will concentrate in our business activities on investing in energy-saving equipment and expanding the use of renewable energy, while in the area of products and services we will focus on development of energy technologies to realize decarbonization, highly energy efficient social infrastructure products and building-related products, and so on.

As the basis for initiatives, the FY2030 greenhouse gas reduction target is divided into separate figures for emissions generated by Toshiba Group's business activities and those generated by the utilization of our products and services. The reduction target was approved by the Science Based Targets (SBT*1) initiative as fully meeting science-based targets for "keeping the global average temperature increase this century well below 2 degrees Celsius above pre-industrial levels and to pursue efforts to limit the temperature increase even further to 1.5 degrees Celsius" as defined by the Paris Agreement*2.

Meanwhile, to respond to public calls for disclosure of climate-related information, we support the recommendations of the Task Force on Climate-related Financial Disclosures (TCFD) and apply them to our analysis of risks and opportunities and our information disclosure.

*1
Science-based targets are scientifically grounded GHG reduction targets set by companies on a medium- to long-term basis in order to keep the global average temperature increase this century well below 2 degrees Celsius above pre-industrial levels, and to pursue efforts to limit the temperature increase even further to 1.5 degrees Celsius. Science-based targets are validated by the SBT initiative.
*2
The Paris Agreement is an international framework adopted at the 21st session of the Conference of the Parties (COP21) that seeks to reduce the amount of greenhouse gas (GHG) emissions. It aims to restrain the increase in the global average temperatures to less than 2°C from the pre-industrial level and to pursue efforts to limit the temperature increase even further to 1.5°C. To this end, the Agreement's target is to lower the amount of GHG emissions to substantially zero by the latter half of this century.

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Case Examples of Contributions to Achieving the SDGs through Our Corporate Activities

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