In the 1970s, when awareness of the possible crisis-level impact of industrialization and population growth on the planet was rising, and the United Nations and other global forums were beginning
to discuss environmental issues, we made a full-scale entry into the wastepaper recycling business based on the growing recognition that promoting the use of wastepaper as a recycled resource
was essential to ensuring a stable supply of paper for the future. Since then, we have been committed to contributing to environmental conservation through our business activities, and to finding
a way to link those efforts to the group’s mission of “carving a better future for society and the environment”—a mission we still uphold today.
With this mission in mind, the group has identified “climate change,” “biodiversity,” “resource recycling,” and “environmental impact” as material issues and has strengthened its efforts to address
these global environmental problems. In 2022, we established the Japan Pulp & Paper Group Environmental Policy, and in 2024 we formulated a new “Approach to Sustainable Procurement.” In
addition, as part of our proactive response to climate change, we have set “Japan Pulp & Paper Group Medium- and Long-term Reduction Targets for Greenhouse Gas Emissions.” Key initiatives
for achieving carbon neutrality by 2050 include improving production efficiency in the Paper Manufacturing & Processing segment, promoting energy conservation, and transitioning to renewable
energy. We will regularly disclose our progress.