[Priority issue 1]Promote Global Warming Countermeasures ： Outline of Activities in FY2014「Global Warming Countermeasures」

In FY2014, despite our Group's production output exceeding that of the base year, FY2005, the Group's overall CO₂ emissions were reduced by 293,000 tons (6%) from the base year level. However, CO₂ emissions from the entire group increased by 1.6% compared to FY2013. Although we have maintained a downward transition since FY2011, there was a 4% increase in the procurement stage due to greater production of major products. Also, a further increase occurred in the transportation and use stages through an increase in sales of copiers and multifunction devices.

On the other hand, CO₂ emissions in the manufacturing stage were reduced by 1% compared to FY2013 despite the production increase. Compared to the base year of FY2005, we have reduced CO₂ emissions in the manufacturing stage by 12%, under conditions in which the CO₂ emission coefficients of the electric power utilities in Japan(*1) increased by 34% compared to FY2005. This was achieved by efforts to improve the energy usage efficiency at our facilities, through promotion of energy-saving measures across the group companies, enhanced utilization of in-house co-generation system in Japan, and utilization of renewable energy in overseas sites. We were also able to reduce emissions by 1% compared to FY2013 in the disposal stage by cutting waste and promotion of Zero Waste Emissions. Further, we have participated to the Carbon Neutral Project led by the Ministry of the Environment and offset equivalent to 1.6% of CO₂ utilizing our carbon emission credits.

*1 CO₂ emission coefficients：
In Japan, we referred to the CO₂ emission coefficients for electric power utilities shown on the Japanese Ministry of the Environment's website for the greenhouse gas emission calculation and reporting scheme every year. For overseas, we referred to CO₂ Emissions from Fuel Combustion 2012 (IEA).

The Fujifilm Group founded the Global Warming Prevention Committee in FY2007 to work on achieving significant improvements in production energy intensity and CO₂ emissions per unit production at six major factories in Japan. We have also conducted the Energy Cost Reduction Project,including overseas companies and factories, since FY2010 to reduce energy and CO₂ emissions through enforcing energy-saving measures (targets of both activities were achieved in FY2012). In FY2013, such energy management schemes were renewed and restarted as the Energy Strategy Promotion Committee, now giving them control over energy procurement and supply across the company. In FY2014, we continued deploying group-wide energysaving measures, such as energy reductions that is not directly linked with production output (fixed amount of energy used regardless of the production and standby energy consumed during non-production), as well as rolling out of new energy-saving measures across the group. We also actively promoted group-wide energy-saving activities in offices as well as production processes to ensure implementation of energysaving measures. As a result of these efforts, we improved per-unit energy use by 5%, resulting an entire annual energy cost saving effect equivalent to approx. 6%.

Also, we started utilizing the wheeling of electric power with in-house co-generation system(*1), immediately after its enforcement in Japan in April 2014 following the revision of the Electricity Business Act, as our new energy measure in FY2014. Using this system, we supply the power generated in the Fujinomiya Factory to 16 sites among our group companies, simultaneously contributing to alleviating the peak demand to the power grid, a scheme introduced by the revised Act on the Rational Use of Energy, and to a reduction in electricity costs.

*1 Wheeling of electric power with in-house co-generation system: The wheeling of electric power with in-house co-generation system enables a company to distribute electricity generated within the company to the company's closely related business sites for non-profit purposes, using the electricity networks owned by utility companies. Using this system, the Fujifilm Group distributes power generated in Fujinomiya Factory equally to the group's 16 business sites.