Letter to Our Stakeholders
“To materialize the ‘2030 Aspiration’ and our purpose of ‘To Make Our Lives Easier,’ we will continue to provide products and solutions that make people’s lives easier. As a member of the global community, we will remain steadfast in our commitment to further enhance our corporate value by addressing environmental issues and contributing to a sustainable society.”
President and CEO
Hidetoshi Shibata
2024 Business & Sustainability Report
Fueled by our “2030 Aspiration,” we strive to demonstrate our business and financial strengths to our stakeholders, enhance our customers’ experience through digitalization, and continue to build on our ESG efforts. We invite you to explore our latest report that outlines our 2024 progress and commitment for a sustainable future.
In order to realize a sustainable society, Renesas is strengthening its sustainability initiatives while enhancing its governance structure. Click here to learn more about our Sustainability Governance Structure.
Sustainability Governance Structure
- Environmental Initiatives
- Response to the TCFD Proposal
- Environmental Protection Goals
- Climate Change Initiatives
- Conserving Water
- Waste Reduction Efforts
- Chemical Substance Use
- Eco-Product Initiatives
- Eco-Communication Initiatives
- Biodiversity Conservation Activities
- Environmental Data and Third-Party Verification
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Renesas’ Greenhouse Gas Emissions Reduction Target Certified by SBTi
In August 2022, The Science-Based Target initiative (SBTi) approved Renesas’ emissions reduction targets as consistent with a 1.5°C trajectory endorsed by the Paris Agreement. Our SBTi-approved targets include the reduction of Scope1 and Scope2 GHG emissions by 38% by 2030 (2021 base year) and having 70% of our suppliers by emissions covering Cat1, set science-based targets by 2026.
Green Bond
Renesas issued its first green bond (USD) in November 2021 in overseas markets. Proceeds from the green bond will be used solely for projects that are expected to contribute to the global environment. For details, please refer to the Green Bond Framework. Renesas has obtained a second-party opinion from Sustainalytics, a global ESG assessment entity.
Green Bond Framework
Second-party Opinion
In November 2022, one year after the issuance of the above Green Bond, Renesas issued the following “Green Report 2022” on the details of the application of the proceeds. Renesas has also obtained a second-party opinion from Sustainalytics for this report.
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