Daikin receives climate change acclaim from CDP, again

Written on: December 13, 2022 by ICM

Daikin Industries, Ltd. said it recently received high acclaim as a company excelling in climate change measures and corporate disclosure by its inclusion in the “A List” compiled by CDP for the second consecutive year.

CDP is an international environmental non-profit organization that operates a global environmental information disclosure system for companies and local governments. It asks companies and local governments to disclose information on environmental issues, such as greenhouse gas emissions, water resources and forest protection. CDP collects, analyzes and evaluates this info and selects the companies with the most distinguished climate change initiatives and information disclosure for its “Climate Change A List.” CDP evaluated 15,000 companies this year.

As a company that manufactures both air conditioners and refrigerants, Daikin provides products and services around the world that utilize environmental technologies. Its main business of air conditioning helps improve the health and productivity of people as part of social infrastructure that contributes to economic development, but the widespread use of air conditioning also increases electrical power consumption, which impacts global warming.

To promote business growth while also mitigating impact to climate change, Daikin established its “Environment Vision 2050,” which aims for net zero greenhouse gas emissions from company business activities in 2050. To achieve this, the company established “Challenge to Achieve Carbon Neutrality” as a growth strategy theme in its strategic management plan Fusion 25 up to fiscal 2025. In addition to measures at the production stage and the development and increase of environmentally conscious products, the company confronts the entire value chain including the building of a refrigerant recovery and reclamation system in the market.

Source: https://www.daikin.com/press/2022/20221213