Vision
Toyo Seikan Group
Long-Term Management Vision 2050
“The Future, Wrapped for All”
In May 2021, Toyo Seikan Group launched the Long-Term Management Vision 2050 “The Future,
Wrapped for All” toward the year 2050.
The new long-term vision has set a goal as to what we aim and want to be: a “daily living
platform” for people all over the world to live safe, secure and fulfilling lives.
It aims for a society that accepts differences and diversity to allow individual people to value
their own lives, and a society that continues to allow people to live happily into the future
without harming the environment.
In order to realize our long-term management vision, we have set quantitative and qualitative
management targets to be achieved by 2030 as the Mid-to Long-Term Management Goals 2030. As
quantitative targets, we aim to achieve 1 trillion yen in net sales and 80 billion yen in
operating income on a consolidated basis by fiscal 2030. As qualitative targets, we focus on the
main targets in the Eco Action Plan 2030, which are the Group’s environmental targets, as well
as on “building a sustainable value chain” and “creating a work environment that allows various
members to grow and demonstrate their different abilities.”
Environmental Vision and Goals
Based on the Toyo Seikan Group Environmental Policy, which was established in 2002, we have been actively working on the protection and improvement of the global environment through our business activities.
In 2021, we revised our long-term goals, which had previously aimed for a “low-carbon society” but now aims to achieve carbon neutrality by 2050 toward a “zero-carbon society,” and also raised the mid to long-term targets for fiscal 2030. Taking specific measures to reduce environmental impact, we will drive our efforts in an effective manner.
Toyo Seikan Group Environmental Policy
Environmental Philosophy
We clearly understand that the protection and improvement of the global environment is one of the most important issues common to all mankind. Based on this point of view, we will contribute to more fulfilling daily lives with careful consideration to the environment in every aspect of our business operation.
Environmental Vision
Combining our proprietary technologies and tapping into technologies across the world, we will contribute to achieving a sustainable society from three perspectives in the value chain of our products, services and systems.
Environmental Action Policy
Revision of Mid-to Long-Term Environmental Targets
“Eco Action Plan 2030”
The Eco Action Plan 2030, formulated in fiscal 2019, is a set of quantitative environmental targets for the Group to achieve by 2030, the target year of the SDGs, through the activities to address climate change, promote resource recycling, deal with marine plastic pollution and conserve biodiversity. Recently we have revised our Environmental Vision, which had previously aimed for a “low-carbon society” but now aims to achieve carbon neutrality by 2050 toward a “zero-carbon society,” and have also raised the Mid-to Long-Term targets for fiscal 2030. We will effectively implement our plan by taking specific measures to reduce the environmental impacts.
We will reduce carbon emissions from our operations (Scope 1 emissions directly from fuel combustion and Scope 2 emissions indirectly from electricity consumption) as well as emissions from the upstream and downstream of our supply chain (Scope 3 emissions). We have set our reduction targets focusing particularly on the emissions associated with procurement (purchased products and services) and disposal of products we sold, which account for a significant portion of the total emissions from the entire supply chain.
We will switch materials used for our products from fossil-based to recycled and renewable materials, including plant-based plastics. In setting the numerical targets, we placed high priority on transforming the current system that relies on single-use products into a “circular” system by minimizing the consumption of exhaustible resources and designing easily recyclable products.
We provide a lot of plastic products for the society but find it difficult to solve the problem of ocean plastic litter just by ourselves. We will cooperate with all partners in our value chain to continue to address this issue.