Teijin Group Sustainability Website Content 2022

Sustainability

Materiality 2 Achievement of a CircularEconomy

The Teijin Group will contribute to the establishing of a circular economy by extending
product life spans and promoting the 3Rs (reduce, reuse, recycle).
Until now society has evolved through therepeated mass production, mass consumption,and mass waste. The result, however, has been
the depletion of resources and environmental
pollution, which in turn have wreaked enormous
damage on ecosystems. As a manufacturing
company producing materials and otherproducts, the Teijin Group has been striving toimplement the 3Rs toward the realization of arecycle-oriented society, but we realize that evenmore effort is required. It is for this reason that
we have identified “achievement of a circulareconomy” as a materiality.
A society in which a consumption-only economy
continues is not a sustainable one. The TeijinGroup wants to contribute toward the shift to acircular economy in which, just like the natural
ecosystem cycle, resources continue to circulate,
and the “throwaway” concept does not exist. We
will, of course, endeavor to recycle resources inour production activities. But even more, we will
promote the circularization of society by, forexample, encouraging a material recycling basedon local production for local consumption inwhich discharged resources are used as recycled
products and returned to the market. In this way,
we will also contribute toward solving theincreasingly serious problem of marine plastics.

Teijin Group Sustainability Website Content 2022

Environmental Value Solutions: Recycling, etc.
Achieving a circular economy will require the transformation of social structures so that resources cancontinuously be used without the generation of hazardous waste, rather than assuming that waste will
be produced. The Teijin Group strives to provide highly durable and high-quality products that extend
the life spans of products and promote sharing and contributes to improving resource circulation
throughout the value chain by utilizing partnerships forged through the development and provision ofrecycling technologies.

Recycling systems based on local-production for localconsumption
Teijin Frontier Co., Ltd. is promoting "local-production for local-consumption" recycling projects at allsites, to recycle waste produced at outdoor events venues into resources.

Proprietary Teijin Group technology enables integrated product creation starting from collection.

Teijin Group Sustainability Website Content 2022

Initiatives to address the plastic marine waste problem
Detrimental impacts from plastic marine waste on life and ecosystems through marine pollution andfood chains have become a serious global problem.
In September 2018, the Teijin Group issued the "Declaration for Solving the Plastic Marine Waste
Problem (PDF:40KB)" to demonstrate its commitment to tackling the problem of plastic marine waste.
While regulatory trends surrounding marine plastic waste could elevate the risk of a loss of existing
business, the Teijin Group considers this as an opportunity to drive growth in the markets for recycling
and alternative products. Based on this belief, the Teijin Group is advancing initiatives to reduce
environmental loads and provide environmental value solutions.
Teijin Limited initiated "Re:ism," a new project for material recycling of fishing nets, in 2021. Teijin andfour companies specializing respectively in fishing net manufacture, plastic molding, textile
processing, and resin treatment, divide supply chain tasks from collection to retail, developing
businesses which give new life to polyester fishing nets which have been converted to resin pellets, inthe form of products including food trays and stationery. We will continue to efficiently recycle fishingnets, including those which have been discarded on coastlines and landfilled, to actively contribute to
the reduction of marine waste.

"RE:ism," a new project for material recycling of fishing nets

Teijin Group Sustainability Website Content 2022

Resource-Efficient Use and Waste Minimization
To promote resources recycling and reduce waste, the Teijin Group has set a target of improving thelandfill waste volume per sales unit by 10% by FY2030 compared to FY2018. To preserve water
resources, we are also expanding products with low water usage to achieve a target of reducing
freshwater intake volume per sales unit by 30% by FY2030 compared to FY2018.

Related information
Materiality and KPIs

Solutions and Value Creation

Management of Water Resources

Resources Recycling Initiatives