The Carbon Disclosure Project (CDP), a global environmental non-profit organization, has recognized Murata Manufacturing by including them in the prestigious 2023 climate change A List. Once more, Murata has been recognized with the highest distinction, acknowledging the company’s commitment to the environment stewardship and innovation, after having first earned this recognition in 2021.
About CDP
CDP is a not-for-profit charity that operates a global environmental disclosure system. It supports over 23,000 companies representing two-thirds of global market capitalization, as well as 1,100+ cities, states, and regions, to measure and manage their risks and opportunities on climate change, water security, and deforestation at the request of their investors, purchasers, and city stakeholders.
Annually, CDP evaluates companies and cities by scoring them based on their progress in disclosure and their commitment to environmental leadership. CDP utilizes an independent scoring methodology to evaluate corporate and city progress on climate change, forests, and water security, assigning rankings from D- to A. Established in the year 2000, CDP pioneered the utilization of investor pressure to drive corporate transparency regarding environmental impact. With access to the most extensive and comprehensive dataset on environmental action worldwide, the insights held by CDP provide the necessary tools for investors, companies, cities, and national and regional governments to make judicious decisions that promote the establishment of a thriving economy, benefiting both people and the planet for generations to come.
CDP Global Website – https://www.cdp.net/en
Murata’s Climate Change Initiatives
Murata is dedicated to minimizing the environmental burden of its manufacturing activities, placing significant emphasis on combating climate change. Seeking to promote the use of renewable energy and sustainable business, Murata is a member of both RE100, an international initiative which aims to switch the power used in business activities to 100% renewable energy, and Japan Climate Leaders’ Partnership (JCLP). By leveraging external knowledge, the membership assists Murata in accelerating decarbonization efforts as well as allowing them to help provide suggestions to the Japanese government through JCLP.
As part of this commitment, Murata has set the goals of using 50% renewable energy for business purposes by 2030, and 100% by 2050. In 2021, when Murata was first acknowledged by the CDP, the Kanazu Murata Manufacturing plant achieved 100% renewable electricity for business activities using Murata technology.
Since then, the system presently employed by Kanazu Murata Manufacturing has been implemented across four additional plants, namely Sendai Murata, Ise Murata Manufacturing, Hakui Murata Manufacturing, and Wakura Murata Manufacturing. Consequently, the power generation facilities at these four plants will collectively reduce carbon dioxide emissions by a total of 1,897 t-CO2 annually. Furthermore, the Philippine production site has become Murata’s first overseas site to use 100% renewable energy, through the utilization of a mega solar system and a power menu based on geothermal power generation.
Construction of the Murata Group’s first multistory parking garage with a green design at Wuxi Murata Electronics has also been completed. The use of double-sided solar panels and the installation of solar panels on the walls of this parking garage increased the solar energy to ground surface area absorption rate by 1.2 times. This allows for the generation of power equivalent to the annual energy consumption of at least 300 average households and a 490 t-CO2 reduction in CO2 emissions.Following the peak of total GHG emissions in fiscal 2018, there has been a subsequent decrease, with a recorded value of 1.34 million t-CO2e for fiscal 2022. Going forward, Murata will continue making efforts to achieve its emissions targets of 870,000 tons for fiscal 2030.
With a focus on sustainability, Murata strives to solve its own challenges while also contributing to the reduction of environmental impact and resolution of social issues across society through its innovative products and technologies, generating economic and social value in the process. The CDP’s A recognition is testimony to this ethos.
For more information on Murata’s response to climate change please visit here – https://corporate.murata.com/en-global/csr/environment_murata/climate_change