Japan Partnership for Circular Economy

Japan Partnership for Circular Economy

FUJITSU LIMITED

Basic values and policies for corporate efforts toward a circular economy

① Materiality to be addressed and reasons for identifying

The Fujitsu Group employed a materiality analysis in a Groupwide review designed to enhance the effectiveness of activities that aim to contribute to sustainable development. This analysis identified seven priority issues including the environment; human rights, diversity and inclusion; wellbeing; supply chain; Compliance; Health and Safety; and Communities as Global Responsible Business (GRB). Fujitsu is identifying priority areas based on the life cycle of the products and services it provides and will set and promote nine targets from the three perspectives of "Climate change," "Resource circulation," as well as "Co-existence with nature."

②Direction for linking circular economy initiatives to enhancing corporate value

We will continue to practice LCA for various servicizing efforts and use it to identify LCA issues in servicizing, to consider circular product design with a focus on the point of use in order to transition services to low-carbon and circular systems, and to form business models. We anticipate that the shift towards sharing and cloud computing will continue to accelerate, and we aim to contribute to Goal 12 of the SDGs by helping to build a sustainable society by providing services (functions) that conserve energy and resources and achieve sustainable business. We believe that by supporting new services such as PaaS (Product as a Service) and sharing through cloud technology using green products, and by accelerating Digital Transformation (DX) toward green (Reduction of environmental impact), we can contribute to solving social issues, thereby enhancing corporate value.

(Figure: Services' Life Cycle Flow on Circular Economy Business)

Market opportunities and strengths in circular economy businesses

• Design for Environment in Fujitsu’s green product: Complies with the European ErP (Energy related Product) Eco-Design Directive and the North American’s EPEAT(Electronic Product Environmental Assessment Tool) of GEC(Green Electronics Council).

• Cloud services supporting sharing using green products

• Blockchain technology to connect the supply chain

Setting goals

With regard to "Resource circulation" on Fujitsu Group Environmental Action Plan (Stage X), Fujitsu will strengthen its efforts to collect information on water and measures to mitigate the impacts of climate change from suppliers using the CDP Supply Chain Program to promote the resource-saving design of products (focus on measures for reuse and reduce the use of plastic) as well as understanding and reducing environmental impact throughout the supply chain.

System Chart of Sustainability Management Committee

The Sustainability Management committee is scheduled to meet every six months to check on the progress of our activities in non-financial areas and to confirm if we are on track to meet our targets. The committee will also discuss new activities and consider non-financial indicators, and then report to management meetings and the Board of Directors with the results. The committee is chaired by the CEO, who will nominate executives with a perspective on sustainability management for appointment as committee members. (As of April 2020, the committee had 13 members, including the chair.)

URL

Resource circulation of "Fujitsu Group Environmental Action Plan (Stage IX)"

https://www.fujitsu.com/global/about/environment/resource-circulation/#anc-200

Resource circulation of "Fujitsu Group Environmental Action Plan (Stage X)"

https://www.fujitsu.com/global/about/resources/news/press-releases/2021/0416-01.html

System Chart of Sustainability Management Committee

https://www.fujitsu.com/global/about/csr/vision/policy/

Fujitsu Group Sustainability Data Book 2020

https://www.fujitsu.com/global/about/resources/reports/sustainabilityreport/2020-report/

Servicizing

https://www.fujitsu.com/global/about/environment/lca/

FJ Cloud

https://www.fujitsu.com/global/about/resources/news/press-releases/2021/0215-01.html

Seven technologies support DX

https://blog.global.fujitsu.com/fgb/2020-02-19/seven-technologies-and-a-rd-strategy-that-support-dx/