Subaru Corp

SUBARU has established the Environment Committee for the purpose of promoting the sustainable growth of both society and the company, and thereby contributing to global environment conservation. The committee discusses targets and measures from broad as well as medium- to long-term perspectives that accommodate environmental standards required by future societies, and evaluates the progress of related implementations and achievements. The Environment Committee is chaired by the Executive Officer in charge of the Sustainability Division appointed by the Board of Directors. Details of discussions by the Environment Committee are reported to the Sustainability Committee. We also have a system for escalation and reporting to the Executive Management Board Meeting and Board of Directors to be used as necessary. Management of climate change-related activities is included in the responsibilities of the environmental management structure. Environmental risks and opportunities associated with climate change are assessed and monitored, and undergo management review before major issues are reported to the Board of Directors. Each of the four bodies within the structure – Production & Environment Subcommittee, Global Warming Prevention Division, Domestic Affiliated Companies' Environment Subcommittee, and Sales and Service/Distribution Environment Subcommittee – meet twice a year for the purpose of monitoring.

Describe the process(es) your organization has in place to ensure that your engagement activities are consistent with your overall climate change strategy[…]†Challenge Zero† (Challenge Net Zero Carbon Innovation) is a new initiative in which Keidanren (Japan Business Federation) works with the Japanese government to strongly support the innovative actions of enterprises and organizations which take on the challenge of realizing a decarbonized society as positioned by the Paris Agreement, an international framework for climate change measures, as a long-term goal and communicate information on such actions within Japan and abroad. SUBARU has expressed its support for this "Challenge Zero† initiative.

Does your organization have a public commitment or position statement to conduct your engagement activities in line with the goals of the Paris Agreement?[…]Yes

Describe the process(es) your organization has in place to ensure that your external engagement activities are consistent with your climate commitments and/or climate transition plan?[…]"Challenge Zero" (Challenge Net Zero Carbon Innovation) is a new initiative in which Keidanren (Japan Business Federation) works with the Japanese government to strongly support the innovative actions of enterprises and organizations which take on the challenge of realizing a decarbonized society as positioned by the "Paris Agreement," an international framework for climate change measures, as a long-term goal and actively disseminate such actions within Japan and abroad. Subaru has expressed its support for this "Challenge Zero" initiative.