Rengo : Revises Indicators and Targets of Eco Challenge 2030

June 5, 2024

Rengo Revises Indicators and Targets of Eco Challenge 2030

Rengo Co., Ltd. announces that it has revised the indicators and targets of three core issues-creation of a carbon-free society, creation of a recycling-oriented society, and water risk management-under Eco Challenge 2030, its environmental target for FY2030, to further strengthen its initiatives for these three core issues. The company has also budgeted an estimated 70 billion yen for environmental investment to achieve these targets.
With "Less is more." which means generating more value with less resources, as the key concept for environmental management and packaging manufacturing, the Rengo Group will advance initiatives toward achieving the targets of Eco Challenge 2030 to seek the realization of a sustainable society and further improvement of the Group's value.

Revisions to Indicators and Targets of Eco Challenge 2030

Creation of a carbon-free society	The applicable gases and scope have been expanded, and Rengo Group companies in Japan will unite as one to reduce greenhouse gas emissions.
Creation of a recycling-oriented society	The Rengo Group will undertake the effective use of resources, raising the target for the percentage of recovered paper utilized for paperboard together with increasing use of unused materials.
Water risk management	A new target for reducing water usage has been established, and Rengo Group companies in Japan will unite as one to reduce water risk.

Eco Challenge 2030 (excerpt showing revisions)

*1 Excluding subsidiaries of consolidated subsidiaries in Japan
*2 Adjusted greenhouse gas emissions based on the Act on Promotion of Global Warming Countermeasures
*3 Water usage ÷ sales