Daikin Industries, Ltd. has released its English edition of Sustainability Report 2020, which is currently available on the company website.
The report summarizes the basic approach of the Daikin Group for contributing to the realization of a sustainable society through its business along with fiscal 2019 results and future plans.
Accompanying economic development in emerging countries, demand for global air conditioners in 2050 is projected to be more than triple the current amount.1 Additionally, the impact of the COVID-19 pandemic has further increased interest in such issues as air quality, ventilation, and air purification. In responding both quantitatively and qualitatively to growing needs, Daikin believes that its social mission is to provide safe and healthy air environments to the world while mitigating the effects of global warming to the greatest extent possible.
In this report, the Daikin Group sets forth its position and approach to formulating and implementing specific targets and measures as it aims to achieve net zero greenhouse gas emissions toward realization of its Environmental Vision for 2050, which was formulated in 2018. Furthermore, as information disclosure has become increasingly more important, Daikin discloses the status of its initiatives for 'governance,' 'risk management,' 'strategy' and 'metrics and targets' relating to climate change in accordance with TCFD2 recommendations.
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