Approach to Climate Change
Based on "The Advantest Way," Advantest continuously engages in long-term initiatives to alleviate and adapt to climate change in order to contribute to tackling important social challenges related to environmental issues.
For disclosures related to climate change based on the TCFD Recommendations, please refer to "Risk Management" on the "Governance" page.
International initiatives and Advantest’s efforts on climate change
| Name of institution | Advantest’s efforts |
|---|---|
| TCFD The Task Force on Climate-Related Financial Disclosures |
As part of our efforts to ensure information disclosure, we analyze the impacts of climate change on business continuity as well as management risks and opportunities associated with laws and regulations based on the temperature increase scenarios outlined by the IPCC. |
| SBTi Science-based Targets Initiative |
We formulate CO2 emissions reduction goals based on scientific insights and implement relevant measures as we work to achieve the goal of limiting temperature increases adopted in the Paris Agreement. In November 2021, Advantest obtained certification from the Science Based Targets initiative (SBTi), which recognized that Advantest's greenhouse gas reduction goals will contribute to achieving the target.（Scope1,2：1.5-degrees Celsius、Scope3：2-degrees Celsius） |
| RE100 Renewable Energy 100% |
We formulate and implement plans for transitioning to renewable energy sources for the electricity consumed upstream and downstream in our business operations and in our supply chain. |
| CDP Carbon Disclosure Project |
We proactively disclose information on initiatives for risks associated with climate change, such as the TCFD Recommendations, SBTi, and RE100. In December 2021, Advantest was promoted to A- rank from 2020 in the CDP corporate evaluation results. In February 2022, Advantest was selected as the highest-rated Supplier Engagement Leaderboard in the Supplier Engagement Rating (SER). |
| IPCC Intergovernmental Panel on Climate Change |
The IPCC is an intergovernmental organization established by the World Meteorological Organization (WMO) and the United Nations Environment Programme (UNEP). With the contributions of scientists from all over the world, it regularly produces reports and provides evaluations of the latest scientific findings on climate change. Advantest also leverages these evaluation reports and scenarios published by the IPCC as a basis for analysis of physical and transition risks. |
| The Paris Agreement (COP21) An international agreement adopted in 2015 with the goal of limiting the global average increase in temperature to 1.5-degrees Celsius, a level that is well below 2-degrees Celsius, compared to pre-industrial levels. |
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Initiatives Through Industry Groups
Japan Climate Initiative
Japan Climate Initiative (JCI) is a network of non-state actors who make serious efforts towards the 1.5-degrees Celsius target and the realization of a decarbonized society.
Advantest supports the declaration of the JCI, "Joining the front line of the global push for decarbonization from Japan," and participated in the initiative to support the transition to a decarbonized society by 2050.
We will contribute to the realization of a decarbonized society by voluntarily and proactively taking actions on climate change and by working together with local governments and private companies, which are actively engaged in climate change countermeasures.
Semiconductor Climate Consortium
The Semiconductor Climate Consortium (SCC) is a consortium established by the Semiconductor Equipment and Materials International (SEMI) to speed industry value chain efforts to reduce greenhouse gas emissions from the semiconductor ecosystem. Advantest joined the SCC, as one of the founding members, bolstering climate change measures along with member companies to achieve the 1.5-degrees Celsius target.
