Basic Approach

The Toppan Group has formulated the following basic policies for mitigating global warming.

Toppan positions global warming mitigation as an important element of management. The Group focuses on energy management and the rational use of energy in implementing activities towards climate security.

The Group will continue to adopt renewable energy sources on a preferential basis and assertively encourage the broad use of renewables into the future.

Topic

Achieving the Group’s Fiscal 2030 Targets

To achieve new medium-and-long-term environmental targets for fiscal 2030, the Toppan Group has been systematically replacing its existing low-efficiency equipment with highefficiency, energy-saving alternatives and switching from fuels with higher CO2 emission factors to electricity. The Group is also considering the adoption of an electric rate structure with a lower adjusted emission factor.

In August 2020, Toppan made further headway in the Group’s shift to renewable energy sources through the installation of solar-power generation equipment on the rooftop of the second plant at Siam Toppan Packaging Co., Ltd. in Thailand. The electrical energy generated by the equipment is consumed on the site premises, reducing CO2 emissions from plant operations.

Second plant at Siam Toppan

Second plant at Siam Toppan

Activities

Mitigating Global Warming

The Toppan Group has been reducing total emissions of carbon dioxide (CO2) and other greenhouse gases (GHGs) to help mitigate global warming. To reduce Scope 1 GHG emissions (direct emissions from industrial processes or fuels consumed at the Group), Toppan is systematically replacing long-used utility facilities with high-efficiency alternatives. The Group is also installing systems to abate high-global-warmingpotential (GWP) gases emitted from semiconductor production processes and replacing the high-GWP gases used in those processes with lower-GWP alternatives.

Toppan also reduces Scope 2 GHG emissions (indirect emissions associated with the consumption of electricity, heating, or cooling purchased or acquired by the Group) by operating a nationwide demand-monitoring system to control peak power demand across Japan, redressing power demand-and- supply imbalances, and reducing the nonessential use of power by suspending the operation of equipment during vacations.

Toppan Logistics Co., Ltd., the logistics specialist for the Group, is working with shippers from Toppan Group companies to optimize transportation conditions and further improve transportation efficiency. Together they endeavor to reduce the energy consumption per unit of transport volume by company vehicles and the total volume of CO2 emissions from transport.

As a member of the Japan Federation of Printing Industries (JFPI), Toppan has driven industry-wide efforts to spawn global warming mitigation measures, primarily through its involvement in JFPI activities to address climate change and promote low carbonization. Under the leadership of Toshiro Kinoshita from Toppan Inc.’s Ecology Center, the JFPI’s Working Group for Voluntary Action Plans on the Environment (under the Environmental Management Task Force of the Global Environment Committee) pursues industry-wide global warming mitigation initiatives by devising voluntary action plans for reducing VOC emissions and implementing various other measures towards the realization of a low-carbon, circular economy.