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Environmental Vision 2050

Toward the Realization of Environmental Vision 2050: Toshiba Group will resolve global environmental issues and create new value through innovation to ensure that all people can lead affluent lifestyles in harmony with the Earth.

Environmental Vision 2050

[Image] Environmental Vision 2050

The world population topped seven billion in October 2011, and rapid population growth and the urbanization of populations are expected to continue to occur mainly in the emerging countries of Africa, Asia, etc. As a result, there are food, water, and energy shortages and the non-renewable resources that support today's society, including fossil fuels, metals, and minerals, are decreasing in number. In addition, the temperature is rising due to the effects of global warming, causing serious problems worldwide, including floods, droughts, and enormous typhoons. These various problems have complex interrelationships, and their effects spread by the year. Against this backdrop, the U.N. Sustainable Development Goals (SDGs) came into effect in January 2016 alongside Paris Agreement, which was put into effect in November of the same year to provide a new international framework to prevent global warming. Thus, guidelines and rules shared worldwide aiming to resolve global issues have been developed one after another in recent years.

As the international community becomes increasingly aware of environmental issues, companies engaged in global business activities must do more than before to resolve such issues. We believe that as a member of the international community, Toshiba Group has the responsibility of helping resolve global environmental issues through our activities in four business domains: energy, electronic devices, and digital solutions centering around social infrastructure.

To fulfill this responsibility, Toshiba Group has developed Environmental Vision 2050, a corporate vision that envisages affluent lifestyles in harmony with the Earth as an ideal situation for mankind in 2050, and will work to realize this vision. Throughout the life cycle of products from manufacture and use to recycling and reuse, Toshiba Group will strive to provide safer and more comfortable lifestyles and create enriched value for customers. Toshiba Group will also strive for harmony with the Earth by working to mitigate climate change, using resources efficiently, and managing chemicals properly in order to reduce environmental impacts.

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Performance indicators for our Vision

[Image] Performance indicators for our Vision

Based on the concept of eco-efficiency, we have set goals to ensure that all people can lead affluent lifestyles in harmony with the Earth as envisaged in Environmental Vision 2050.

Eco-efficiency can be expressed as a fraction, with the creation of new value as the numerator and environmental impacts as the denominator. The more enriched value created — or the more environmental impacts are reduced and progress made toward coexisting with the Earth — the more eco-efficiency improves. We call the degree of improvement in eco-efficiency the "Factor," and increasing the Factor leads to affluent lifestyles in harmony with the Earth.

Based on several predictions about the future shapes society may take, we examined how much we need to raise the Factor by 2050. It is assumed that the gross domestic product (GDP) of a country reflects value that its people can enjoy. According to the Organization for Economic Co-operation and Development (OECD), the world's average GDP per capita is expected to grow 3.4 times by 2050. It is also expected that the world population will increase by 1.5 times compared to 2000 by 2050. And at the Conference of Parties to the U.N. Framework Convention on Climate Change, participants emphasized that it is necessary to reduce greenhouse gas emissions by half by 2050.

If the three points cited previously are taken into account, the required degree of improvement in eco-efficiency (Factor) in the world in 2050 is 10.2 (3.4 × 1.5 × 2). In light of this, Toshiba Group has made it a goal to achieve Factor 10 by 2050.

Factor 10 cannot be achieved merely by conducting business as usual. This very ambitious goal can only be accomplished by developing multiple major innovations over an extended period. Nevertheless, we will strive to the utmost to achieve our goal. Also, if there are major changes in society or international rules before 2050, we will flexibly reexamine this goal as needed.

[Image] Performance indicators for Environmental Vision 2050

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