Toshiba Corp. launched its Environmental Vision 2050 initiative, which it billed as the company's "long-term commitment and determination to contribute to a better environment by recognizing and responding to environmental issues."
Through the effort, Toshiba said it aims to improve the value and eco-efficiency of its products and business processes and to reduce emissions of carbon dioxide by the equivalent of 57.6 million tons per year in fiscal 2025 compared against the benchmark year of fiscal 2000. The company also aims to enhance its environmental efficiency and raise overall eco-efficiency to a factor of 10 by FY2050.
The company will meet specific goals and address environmental issues using two approaches: Energy Vision and Eco Products Vision. The Energy Vision Meeting direction will address ever-growing global energy requirements while combating global warming at the same time. Toshiba said it will enhance its nuclear power business and promote deployment of high efficiency thermal power plants and CO2 fixation, while also working to advance the capabilities of power transmission networks and realize new energy sources.
The Eco Products Vision will stress enhanced development and delivery of environmentally friendly products, improved assessment of product life cycles and impacts, and the manufacture of products that provide consumers with a high level of value.