Toyo Ink SC Holdings Co., Ltd., the parent company of the Toyo Ink Group of Japan, launched the “Toyo Ink Group Sustainability Vision TSV2050/2030” in January as the long-term strategy for its Corporate Social Responsibility (CSR) and sustainability. The Vision was established in response to recent global trends regarding climate change, carbon neutrality as well as the current social climate that calls on companies to meet increasing demands for sustainability. Under the TSV2050/2030 Vision, the company reaffirms its commitment to making 100 percent of its products and manufacturing operations carbon neutral by 2050.
The TSV2050/2030 Vision is comprised of two components: TSV2050, which sets forth specific targets that the Group intends to achieve by 2050, and the TSV2030, which defines interim targets to be realized in 2030. Specifically, CO2 emissions are to be reduced by 35 percent in Japan by 2030 (from fiscal 2020 levels), 35 percent reduction in other countries compared to fiscal 2030 BAU (business as usual) level.