The Teijin Group outlines priorities to support the society of the future
“We create and accelerate new value-added solutions that support the society of the future.” Akimoto Uchikawa, President & CEO, Teijin Limited
Established in 1918, Teijin has evolved into a unique enterprise encompassing three core business domains: high-performance materials, healthcare and IT – offering advanced solutions catering to various demands, including the environment; safety, security and disaster mitigation; and healthcare issues spurred by demographic changes and increased consumer health consciousness.
Now, in a time characterized by great social, economic and political upheaval, the Teijin Group is reaffirming its commitment to its core promise: to use chemistry to help people realize and maintain a high quality of life. To this end, a pledge to achieve carbon net zero by the end of 2050 sits alongside an innovative internal carbon pricing (ICP) system aimed at creating economic 9incentives to lower CO2 emissions.
In the high-performance material business, Teijin carries out an LCA of its carbon fiber TenaxTM and para-aramid fiber Twaron® to calculate their carbon emissions based on the calculation method in accordance with the ISO14040 and ISO14044 standards. The company also shares with its customers information on its CO2 emissions related to its fiber-reinforced plastics (FRP) products for automotive components.
Moreover, a recently launched project will realize a blockchain-based commercial platform for enhancing the environmental value of recycled FRP for manufacturers. Such initiatives not only promote the circular economy, but are essential in creating new value-added solutions that support the society of the future.
Company president and CEO Akimoto Uchikawa is clear that the potential of chemistry can only be fully unlocked by focusing on its benefits for society and the global environment, and thus providing solutions that help to ensure our future existence on Earth.