Japan Inc confronts limit of corporate carbon cuts

Kao

04/12/2020 01:57

(The author is a Reuters Breakingviews columnist.  The opinions
expressed are her own.)
    By Katrina Hamlin
    HONG KONG, Dec 4 (Reuters Breakingviews) - Companies
including Sony are lobbying for more renewable power in Japan.
They need to satisfy clients like Apple, who have committed to
carbon-neutral supply chains as soon as 2030. But even an edict
from the $2 trln tech titan can’t force change where
policymakers lag behind.
    Full view will be published shortly.
    On Twitter https://twitter.com/KatrinaHamlin
    
    CONTEXT NEWS
    - Chief executives of four companies, including Sony, met
with Japan’s minister for Administrative Reform and Regulatory
Reform on Nov. 18 to discuss the expansion of renewable energy
in the country, according to a statement from the Japan Climate
Initiative on Nov. 26. The executives noted that one client
required them to manufacture products with 100% renewable energy
by 2030.
    - Apple plans to remove carbon emissions from its entire
business, including its products and supply chain, over the next
decade, the company said in July. Sony is an Apple supplier,
according to a list published by the American company for the
fiscal year 2018.
    - For previous columns by the author, Reuters customers can
click on  HAMLIN/  
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Japan Climate Initiative statement    https://japanclimate.org/english/news-topics/re-expansion-topleader/
BREAKINGVIEWS - Japan’s financiers face a carbon cleanup   
 urn:newsml:reuters.com:*:nL4N2HW23X
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 (Editing by George Hay and Sharon Lam)
 ((katrina.hamlin@thomsonreuters.com; Reuters Messaging:
katrina.hamlin.thomsonreuters.com@reuters.net))