Reduce greenhouse gas emissions by developing and commercializing methanation technologies and equipment

• Develop and commercialize an ammonia co-firing burner that cuts greenhouse gas emissions by 20% by fiscal 2024
• Develop and commercialize a 2,000-kilowatt-class ammonia-fired gas turbine that lowers greenhouse gas emissions by 100% by fiscal 2025

Reduce greenhouse gas emissions by developing and commercializing methanation technologies and equipment

• Surpass existing technologies by attaining an energy conversion efficiency of 60% to 65% by 2030 from the volumes of methane that it synthesizes

Build growth businesses to help create a world where nature and technology work in unity

• Leverage open collaboration between industry, academia, government, and the financial services sector to develop and apply green transformation solutions

Build a corporate culture that fosters creativity and innovation by empowering women

• Raise female representation on Board of Directors to at least 30% by 2030

• Eliminate violations of environmental laws and regulations and severe environmental accidents
• Maintain waste emission and water withdrawal levels below those of fiscal 2018 (base year through fiscal 2022 under IHI Group Environmental Action Plan 2019, which management looks to update from fiscal 2023)

• Reduce plant and office carbon dioxide emissions intensity by 4% from fiscal 2018 level (base year through fiscal 2022 under IHI Group Environmental Action Plan 2019, which management looks to update from fiscal 2023)

• Monitors Scope 3 and other operational carbon dioxide emissions
• Has set a long-term goal of reaching carbon neutrality across the entire value chain by 2050 and has established environmental management indicators linked to business plans
• Helps to materialize a carbon-neutral economy by extensively providing eco-friendly products and services and developing carbon solution technologies

• Discloses numerical targets and progress not just for carbon dioxide emissions but also for water intake and waste emissions
• Task Force on Climate-Related Financial Disclosures scenario analysis organizes and discloses climate change risks, opportunities, and response measures for key businesses that are especially vulnerable to climate change, namely energy, bridges and water gates, vehicular turbochargers, and civil aero engines
• Provides particularly clear disclosure of scenario analysis process and findings

• Formulates rules and policies to ensure fair business transactions and safeguard customer interests while stepping up efforts to educate and train executives and employees
• Ensures business sustainability by reinforcing the supply chain and recognizes the importance of contributing to employees, communities, and other stakeholders, undertaking concrete support efforts
• Has positioned itself well to bolster sustainable procurement efforts

• Discloses rules and policies regarding fair business transactions and clearly presents stance on fulfilling social responsibilities
• Discloses employee-related benchmarks and presents specific social contribution initiatives and measurable outcomes
• Looking for the company to more extensively measure and disclose the social impact of its operations

• Identified ESG-related operational risks, stepping up measures to manage them as an important priority
• Established ESG Management Promotion Committee, incorporating feedback from communications with shareholders, other investors, and other stakeholders as needed while constantly enhancing ESG management
• Undertakes initiatives to make Board of Directors more effective

• As well as disclosing director and executive officer nomination and remuneration rules and policies, extensively discloses varying ESG management approaches on its website and through its integrated report, data book, and other channels
• Draws on examples in clearly disclosing stakeholder communications record
• Will hopefully enhance disclosure of specific approaches to and outcomes from human rights due diligence that it has prioritized

• Develops carbon solutions based on new technologies, including to use hydrogen and ammonia and materializing carbon recycling (inputs), while deploying these technologies (outputs) to mitigate climate (outcomes), thus helping attain SDGs including numbers 7 and 13

• Discloses specific SDGs attainment policies
• Has positioned itself to visualize input through output, outcome, and impact (the long-term and broad impacts of outcomes) flows, more clearly disclosing the path to attaining SDGs