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Sony Recognized as a Climate Change Leader -Selected for CDP's A List

15/12/2022

Tokyo, Japan - Sony Group Corporation (Sony) has been included in the CDP's A-List,*1 a distinction which recognizes Sony as a leader in efforts to address climate change. This is the second year in a row and the seventh time that Sony has made the A List in the climate change category.

Based on the recognition that its business success depends upon a healthy global environment, Sony has established Road to Zero , a long-term environmental plan to achieve a zero environmental footprint throughout the entire Sony Group by the year 2050, and is promoting activities from the four perspectives of climate change, resources, chemical substances and biodiversity.

Considering that climate change risk becomes a more serious and pressing issue, and also given our past achievements, this May, Sony announced the acceleration of the target year for achieving its goals in the climate change area. Specifically, Sony has pushed forward the net-zero targets throughout the entire value chain, including Scopes 1 to 3, from 2050 to 2040, and is aiming to achieve net-zero in Scopes 1 and 2 by 2030. As announced in this September, Sony received approval for its net-zero targets from the Science Based Targets initiative (SBTi)*2 .

To achieve this goal, Sony has been promoting energy saving initiatives and introducing renewable energy at its business sites. Sony has already accomplished 100% renewable electricity use for all business activities in Europe and China. Going forward, the company will accelerate the use of renewable energy in Japan, North America, and Southeast Asia, with the aim of achieving a 35% renewable electricity ratio for the entire group by 2025, and 100% by 2030.

Sony will also promote further energy saving in our products. At the same time, Sony will work to reduce greenhouse gas emissions throughout the entire supply chain by accelerating efforts to reach out to materials and parts suppliers and manufacturing contractors.

In pursuit of the long-term goal of zero environmental footprint, Sony will continue working to reduce environmental impact and create environmentally conscious products and services, while engaging in business activities to help create more sustainable human society and global environment.

About CDP

CDP is a global nonprofit organization (NPO) founded in the UK in 2000. Backed by investors from around the globe, it conducts surveys on climate change, water security, and forests at private companies, then analyzes and releases the findings of these surveys to the public. This year, CDP surveyed over 18,700 companies globally on behalf of more than 680 institutional investors representing more than 130 trillion U.S. dollars in managed assets.

*1: The rating system is a 5-rank scale (A, A-, B, B-, C, C-, D, D-, F). The A List is made up of the companies awarded the highest performance rank of A.

*2: An international initiative to encourage companies to set science-based greenhouse gas reduction targets in order to limit the increase in the average global temperature due to climate change to 1.5 degrees Celsius above pre-industrial levels.

About Sony Group Corporation

Sony Group Corporation is a creative entertainment company with a solid foundation of technology. Across its six business segments Game & Network Services; Music; Pictures; Entertainment, Technology & Services; Imaging & Sensing Solutions; and Financial Services Sony's purpose is to fill the world with emotion through the power of creativity and technology.

For more information, visit: www.sony.com
LINK: https://www.sony.co.uk/presscentre/news/sony-recognized-as-a-climate-c...
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