Sustainability - Promotion of Strategic Environmental Management
The Meiden Group ensures that each employee contributes to the protection of the global environment and the creation of a prosperous society through their day-to-day work according to the President’s Environmental Policy, and promotes sustainability management to achieve sustainable growth of society and improved corporate value.
The Meiden Group aims to engage in sustainability management and achieve corporate growth based on the corporate philosophies of “Illuminating a more affluent tomorrow” and “For customer peace of mind and satisfaction” by tackling the issues of adapting to and mitigating climate change, recycling resources, and preserving biodiversity, in order to realize a sustainable society.
Revised April 1, 2025
The Meiden Group is working to reduce the environmental impact of its business activities in four areas: Power Infrastructures, Public, Industrial & Commercial Sector Business, Mobility & Electrical Components Business, and Field Service Engineering.
Specifically, we provide value in the form of “realizing green, safe, and stable electricity provision” in the field of Power Infrastructures; “contributing to building sustainable infrastructure” in the area of Public, Industrial & Commercial Sector Business; “contributing to the realization of cutting-edge technology and technological innovation for mobility” in the area of Mobility & Electrical Components Business; and “realizing a secure and safe society through maintenance services” in the area of Field Service Engineering Business.
The Environmental Vision identifies realization of “a carbon-free society,” “a circulating society,” and “a society in harmony with nature” as the missions of a 21st-century company, and lists them as goals. We are working to conduct sustainability management with “human resources and communication” at its core.
In November 2021, the Meiden Group declared its long-term goal of achieving carbon neutrality by 2050. We also established our FY2030 greenhouse gas emission reduction targets as our medium-term goal. That same year we announced the Second Meiden Environmental Vision, which was recognized by the Science Based Targets (SBT) initiative*1 as being consistent with the Paris Agreement*2. Stringent, ambitious targets were set in 2025 that aimed for a 50% reduction of emissions from business activities (Scope 1+2), and a 30% reduction of emissions from business-related activities (Scope 3) by FY2030 compared to FY2019 levels (the Third Meiden Environmental Vision). These targets renewed our SBT certification as they were recognized by the SBT initiative with the 1.5℃ standard.
We have developed an action plan for each Medium-term Management Plan and we are continuously working to conduct reforms in order to realize the environmental vision.
The level of achievement for targets in FY2024, the final year of Medium-term Management Plan 2024, is as follows.
Please refer to the corresponding page for details of each item.
At the Meiden Group, we formulated Medium-term Management Plan 2027 to cover the three years from fiscal 2025 and we are working to implement sustainability management.
In particular, we have developed greenhouse gas emissions reduction targets for the next three years by back-casting based on the fiscal 2030 greenhouse gas emissions reduction targets in the Third Meiden Environmental Vision.
Our environmental targets for FY2025 are as follows. We changed the target for the zero waste emissions standard to a resource reclamation rate of 90% or greater.
