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DENSO Announces its Updated Environmental Policy: ECO VISION 2025
DENSO outlines its global 2025 sustainability targets
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Contact: Bridgette LaRose
DENSO International America, Inc.
Phone: (248) 372-8266
bridgette-larose@denso-diam.com
KARIYA (Japan) – DENSO Corporation has formulated ECO VISION 2025, its 10-year environmental policy and action plan to help resolve environmental and energy issues and conduct business in harmony with nature. DENSO’s ECO VISON policy, which was first launched in 1997, has been in place for nearly 20 years.
In fiscal 2015, DENSO achieved its fiscal 2016 targets for CO2 emissions with a reduction of 66% based on its basic unit,* compared with fiscal 1991, and with a reduction of 19% on a global basis compared with fiscal 2011. (* Basic unit = CO2 emissions divided by sales)
DENSO’s ECO VISION 2025 outlines three targets (Target 3) to be achieved by 2025 and also outlines 10 specific action plans (Action 10) to achieve these targets in the areas of products, factories, employees, and management.
Target 3
| Energy 1/2 |
Contribute to permanent maintenance of global environment by the technologies that can solve the problems of global warming, energy and resources. DENSO will attempt to halve automotive CO2 emissions by developing new technologies and products to improve fuel efficiency and use various fuels in vehicles. |
|
Clean x 2 |
Comply with laws and promote continuous improvement in order to provide reassurance to all stakeholders and remain a corporation that grows with the society. To gain the confidence of all stakeholders, DENSO will continuously strive to improve ways to halve the impacts of environmentally hazardous substances that it uses and its industrial emissions and waste. DENSO will also contribute to improving air quality in the regions where it operates by developing technology to reduce vehicle exhaust emissions, as well as decrease waste and water usage at its factories and throughout its logistics chain. Moreover, DENSO will provide its employees with a wider range of environmental learning programs to encourage them to become more aware of the global environment and take action to help create a sustainable society. |
|
Green x 2 |
Realize a society with sharing nature’s wisdom and benefit in order to take over rich natural environment to the next generation through cooperate activity aiming at symbiosis with nature. To pass on a rich natural environment to future generations, DENSO will promote green environmental businesses, such as biofuel research and agricultural support, and enhance factory greening to conduct business in harmony with nature. |
Through the activities stated in DENSO ECO VISION 2025, DENSO will create new environmental values, preserve the planet, and prepare a bright future for future generations.
Target 3 consists of three targets and Action 10 identifies 10 specific actions.
Related links
DENSO ECO VISION 2025 http://globaldenso/en/ecovision/
CSR report 2015 http://www.globaldenso.com/en/csr/report/2015/
About DENSO Corporation:
DENSO Corp., headquartered in Kariya, Aichi prefecture, Japan, is a leading global automotive supplier of advanced technology, systems and components in the areas of thermal, powertrain control, electronics and information and safety. Its customers include all the world’s major carmakers. Worldwide, the company has more than 200 subsidiaries and affiliates in 38 countries and regions (including Japan) and employs more than 150,000 people. Consolidated global sales for the fiscal year ending March 31, 2016, totaled US$40.2 billion. Last fiscal year, DENSO spent 8.8 percent of its global consolidated sales on research and development. DENSO common stock is traded on the Tokyo and Nagoya stock exchanges. For more information, go to www.globaldenso.com, or visit our media website at www.globaldenso.com/en/newsreleases/media-center/
About DENSO in North America:
In North America, DENSO employs more than 23,000 people at 30 consolidated companies and affiliates. Of these, 25 are manufacturing facilities located in the United States, Canada and Mexico. In the United States alone, DENSO employs more than 15,000 people in California, Michigan, North Carolina, South Carolina, Tennessee, Kentucky, Georgia, Iowa, Ohio, Pennsylvania, Texas and Arkansas. DENSO’s North American consolidated sales totaled US$9.9 billion for the fiscal year ending March 31, 2016. For more information, go to www.densocorp-na.com.
Connect with us on Facebook: www.facebook.com/DENSOinNorthAmerica
(Notes)
The above forecasts are created based on the information obtained by the date of this announcement and the actual results may differ due to various causes in the future.
U.S. dollar amounts have been translated, for convenience only, at the rate of 112.68 yen = US$1, the approximate exchange rate prevailing in the Tokyo Foreign Exchange Market on Mar 31, 2016. Billion is used in the American sense of one thousand million.
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