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|
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.|
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）|
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.|
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).|
Intergovernmental Panel on Climate Change
Declared target temperature increases and GHG emissions based on projections for scenarios on what the world will look like after a temperature increase of less than 2-degrees Celsius and 4-degrees Celsius, respectively. Advantest uses these scenarios as a basis for analysis of physical and transition risk.
|The Paris Agreement (COP21)
An international agreement adopted in 2015 to limit the global average increase in temperature to 1.5-degrees Celsius, a level that is far below 2-degrees Celsius, compared to pre-industrial levels.