“My core belief is that semiconductor products and solutions Renesas develops directly contribute to achieving a sustainable future.”
President and CEO
At Renesas, we are driven by our mission to develop products and solutions that directly contribute to building a more sustainable future. We invite you to explore our inaugural report that outlines our 2022 progress and commitment toward meeting the Environmental, Social, and Governance (ESG) goals.
Renesas’ purpose, “To Make Our Lives Easier,” is driven by our commitment to aligning our business and sustainability goals and making positive changes for all stakeholders. To identify top strategic priorities, we conducted a materiality assessment engaging various stakeholders. We invite you to learn more about our approach, procedure, and 2022 material issues we will focus on.
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.
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.
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.
See our awards and recognitions in the sustainability, environment, innovation and products categories.
Renesas proactively participates in international/domestic initiatives.