Furukawa Electric Co Ltd 2024 IR
The report outlines Furukawa Electric Group's progress during the second year of its Medium-term Management Plan 2022-2025, highlighting the establishment of the new Furukawa Electric Group Purpose in March 2024. Financially, the company achieved consolidated net sales of 1,056.5 billion yen, though operating profit declined to 11.2 billion yen due to sluggish demand in the Communications Solutions segment. On the sustainability front, the group made significant strides by obtaining SBT 1.5°C certification for its greenhouse gas reduction targets and reducing Scope 1 and 2 emissions by 45.4% compared to the FY2017 baseline. Additionally, the company advanced its transition plan toward carbon neutrality by 2050 and expanded its human rights due diligence and employee engagement initiatives globally.
Company: Furukawa Electric Co Ltd
Sector: Industrials
Country: Japan
Year: 2024
Type: IR
Pages: 49
Furukawa Electric Co Ltd
Integrated Report
The report outlines Furukawa Electric Group's progress during the second year of its Medium-term Management Plan 2022-2025, highlighting the establishment of the new Furukawa Electric Group Purpose in March 2024. Financially, the company achieved consolidated net sales of 1,056.5 billion yen, though operating profit declined to 11.2 billion yen due to sluggish demand in the Communications Solutions segment. On the sustainability front, the group made significant strides by obtaining SBT 1.5°C certification for its greenhouse gas reduction targets and reducing Scope 1 and 2 emissions by 45.4% compared to the FY2017 baseline. Additionally, the company advanced its transition plan toward carbon neutrality by 2050 and expanded its human rights due diligence and employee engagement initiatives globally.
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Document Details
Report Year
2024
Reporting Period
Apr 1, 2023 - Mar 31, 2024
Fiscal Year
2023
Published
Jun 1, 2024
Type
Integrated Report
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
ESG Data?Experimental — AI-extracted data, may contain inaccuracies
Emissions
Scope 1:
Scope 2:
Scope 3:
Energy Consumption
Renewable Energy
Women in Management
Net Zero Target
Employees