NEWS RELEASE

Teijin Supports JCI’s Latest Call for Stronger Climate Action
Tokyo, Japan, June 3, 2022 --- Teijin Limited announced today its support for the latest
statement issued by the Japan Climate Initiative (JCI), which has called on the Japanese
government to take stronger action to mitigate climate change, including by introducing
renewable energy, despite the fossil-energy crisis and global instability.
The JCI network was established in Japan in 2018 to help entities working to combat
climate change to strengthen their intercommunication and exchange best practices andsolutions. The JCI’s last statement issued in April 2021 encouraged companies, local
governments and organizations to help achieve the country’s emissions-reduction
targets and collectively demonstrate Japan’s willingness to support global efforts tocombat climate change.
Global energy supply has been destabilized by soaring prices for crude oil and natural gas
due to the crisis in Ukraine. Japan, which is heavily dependent on fossil fuels, has beenstrongly affected by such circumstances. Nevertheless, despite current global conditions,
the JCI has newly urged the Japanese government to address climate-change
countermeasures and reduce the nation’s total energy consumption by widely and morevigorously promoting energy conservation and efficiency as well as the introduction ofrenewable energy.
Teijin, a member of JCI, has set internal goals for lowering its groupwide environmental
impact, include targets for achieving net-zero emissions by fiscal 2050. As one suchpractical initiative, Teijin introduced internal carbon pricing (ICP) to quantify CO2emissions as costs and thereby create economic incentives to reduce emissions. Also,
Teijin’s new targets for greenhouse gas emissions are officially validated science-basedtargets (SBT) for helping to limit the average global temperature rise to well below twodegrees Celsius from pre-Industrial Revolution levels, which presumably could reduce
the risks and impacts of climate change significantly.
Teijin is a people-focused company that develops innovative solutions for enhanced
quality of life and also works to minimize any negative impact on the environment orsociety through its business activities.
About the Teijin GroupTeijin (TSE: 3401) is a technology-driven global group offering advanced solutions in thefields of environmental value; safety, security and disaster mitigation; and demographic
change and increased health consciousness. Originally established as Japan's firstrayon manufacturer in 1918, Teijin has evolved into a unique enterprise encompassing
three core business domains: high-performance materials including aramid, carbon
fibers and composites, and also resin and plastic processing, films, polyester fibers andproducts converting; healthcare including pharmaceuticals and home healthcare
equipment for bone/joint, respiratory and cardiovascular/metabolic diseases, nursing
care and pre-symptomatic healthcare; and IT including B2B solutions for medical,
corporate and public systems as well as packaged software and B2C online services for
digital entertainment. Deeply committed to its stakeholders, as expressed in the brandstatement “Human Chemistry, Human Solutions,” Teijin aims to be a company that
supports the society of the future. The group comprises some 170 companies andemploys some 20,000 people across 20 countries worldwide. Teijin posted consolidated
sales of JPY 926.1 billion (USD 7.2 billion) and total assets of JPY 1,207.6 billion (USD
9.4 billion) in the fiscal year that ended on March 31, 2022
Press Contact
Corporate Communications
Teijin Limited
pr@teijin.co.jp