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FP Corporation Eco Action 2.0

Structure

The FPCO Group has built a system of oversight by the Board of Directors through the following process to solve climate change and other environmental issues.

1) The Environmental Strategy and TCFD Promotion & Management Committee, which spans every sector of the organization, discusses Groupwide environmental strategies and TCFD promotion, and drafts related policies and strategies. In the operation of the Environmental Strategy and TCFD Promotion & Management Committee, the Sustainability Promotion Department, a dedicated environmental organization under the jurisdiction of the President, acts as the administrative office.
2) Under the Groupwide environmental strategy, working groups (WGs) in each of the product, production, logistics, sales and office sectors set their own targets and implement efforts aimed at solving social issues such as climate-related challenges.
3) Once a quarter, each WG reports on the progress of their efforts to the Environmental Strategy and TCFD Promotion & Management Committee.
4) Environmental Strategy and TCFD Promotion & Management Committee reports on the progress of policies, strategies and initiatives to the Board of Directors each year.
5) The Board of Directors conducts monitoring in light of various perspectives and knowledge in response to reports from the Environmental Strategy and TCFD Promotion & Management Committee.

(Organizational chart)

(Role of each organization)

Organization		Role	Members
Board of Directors		Monitoring the FP Corporation Eco Action 2.0, an environmental management system	Directors
Corporate Management Committee		Committee Discussing environment-related corporate strategies and business operation, checking the conformity of various business strategies with the policy, and reporting the results	Directors, operating officers, and presidents of Group companies
Environmental Strategy and TCFD Promotion & Management Committee		Discussing Groupwide environmental strategies and TCFD promotion, and drafting related policies and strategies	Chairperson: President Vice-chairpersons: Director and supervisor of Corporate Planning Office, and director and supervisor of Environment Management Department Members: Executive general managers of divisions
	TCFD Promotion and Management WG	Calculating the environmental impact of each product by using LCA	Director and supervisor of Corporate Planning Office, and director and supervisor of Environment Management Department Corporate Planning Office and Environment Management Department
	Product WG	Calculating the environmental impact of each product by using LCA	Executive general manager of Manufacturing Division, and Production Management Department
	Production WG	Reducing the environmental impact of manufacturing plants	Executive general manager of Manufacturing Division, and Production Management Department
	Logistics WG	Reducing the environmental impact of all logistics activities	Presidents of FP Logistics Corporation and I-LOGIC Co. Ltd., and administrative divisions
	Sales WG	Expanding sales of eco-friendly products and promoting recycling	Executive general manager of Sales Division, and Sales Planning Department
	Office WG	Improving energy efficiency by building infrastructures for the overall Group	Executive general manager of General Affairs and Personnel Division, and General Affairs and Personnel Division
Environmental Strategy External Advisory Board		Giving advice on environmental strategies from an external point of view	Outside directors, external experts, etc.
Environmental Strategy Task Force		Set up temporarily to solve highly urgent environmental problems or to develop an environmental p	Executive general managers of related divisions, and related departments

Targets

The FPCO Group has formulated medium and long-term targets for CO2 emission reductions from the perspective of sustainability aimed at realizing a decarbonized society. As new target values, we aim to reduce CO2 emissions (Scope 1 and 2) by 31% by the fiscal year ending March 31, 2031, and achieve zero effective CO2 emissions (Scope 1 and 2) by FY2050.

Initiatives of Each Working Group (WG)

Each WG has made preparations to formulate initiatives aimed at achieving the medium and long-term environmental targets of the FPCO Group.

<Development WG>
- By FY2031, Reduce weight per product unit by 1.5% compared with FY2021

<Production WG>
- Reduce CO2 emissions per product unit in production activities by 85% compared with FY2008

<Logistics WG>
- Keep total CO2 emissions in logistics activities to within 123.4% of FY2019 levels.

<Office WG>
Compared with FY2019 levels:
- Reduce CO2 emissions of sales vehicles by 15%
- Reduce electricity usage per unit floor area by 7%
- Reduce waste generation per person by 10%
- Reduce paper usage by 5%
- Increase the green purchase rate by 60%

<Sales WG>
- Raise Eco Trays products as a percentage of all general purpose PSP containers to 60%
- Raise Eco APET products as a percentage of all APET products to 100%