Mankind faces serious issues such as climate change and the food problem. The world places expectations on companies that take on the challenge of resolving these issues.
With the serious problems facing us now, the Sumitomo Chemical Group reaffirms its corporate mission of contributing to society through its business activities. We identify certain kinds of our products and technologies as “Sumika Sustainable Solutions” that offer technology-based new value in solving the problems to help build a sustainable society. We promote the development and use of these products and technologies.
We have established the Sumika Sustainable Solutions Identification Committee under the Responsible Care Committee to examine whether products and technologies recommended by each business sector and Group companies satisfy identification requirements such as innovation and contribution to environmental protection and identify those meeting the requirements as Sumika Sustainable Solutions.
|Area||Required conditions||Contribution to SDGs|
|Climate change efforts||Contribution to reducing greenhouse gas emissions|
|Products, parts and materials used for development of new energy sources|
|Use of biomass-derived materials|
|Contribution to adapting to climate change impacts|
|Reducing environmental burdens||Contribution to reducing waste and environmental burdens|
|Contribution to curbing the use of, and reducing emissions of hazardous substances|
|Effective use of resources||Contribution to resource savings|
|Contribution to promotion of recycling|
|Others||Other contributions to building a sustainable society||(depending on the item)|
Depending on the features of products and technologies, identification requirements may not fully correspond with contribution to SDGs.
The first identification
In the first identification, 21 products and technologies were identified as Sumika Sustainable Solutions. Sales of these products and technologies totaled about 280 billion yen in fiscal 2015. Such products throughout their life cycle are expected to contribute to reducing greenhouse gas emissions by about 52 million tons in total (a figure projected in terms of CO2 for fiscal 2020*1).
Sumitomo Chemical aims to double its sales of the Sumika Sustainable Solutions items as early as possible, thereby creating and offering a broad range of solutions that will contribute to a sustainable society by capitalizing on the great variety of technologies the Company has cultivated in the past as a chemical company operating in widely diverse industrial fields.
- *1The figure is an estimate of reduction in greenhouse gas emissions that will be achieved by the Sumika Sustainable Solutions products throughout their life cycle, if it is assumed that the products are sold in fiscal 2020. The estimate has been made in accordance with the guidelines of the Japan Chemical Industry Association and the International Council of Chemical Associations.