Wearable sensors employing carbon nanotubes for use in the fields of nursing care and welfareAccelerating Initiatives with a View to SustainabilitySteps to enhance ESG-related initiatives are essential to our efforts to realize a sustainable society, as outlined in LSV 2030. The reduction of CO2 emissions remains our biggest environmental challenge. In addition to the fuel and electricity used in manufacturing processes, the LINTEC Group needs to reduce CO2 emissions from the combustion of organic sol-vents. The Research & Development Division has adopted “Carbon Neutral Challenge” as its slogan, and we are step-ping up R&D efforts to reduce CO2 emissions by moving toward solvent-less products. We are also promoting the introduction of solar power generation systems, cogeneration systems, and high-efficiency, energy-saving facilities at each of our production sites. Our goal is to reduce the LINTEC Group’s CO2 emissions by 50% or more by 2030, from the fiscal 2013 level, and to achieve net-zero emissions by 2050. As a social initiative, in April 2022 we established the Diversity & Work Style Reform Promotion Subcommittee. Composed of people from across the Company, this subcom-mittee aims to create a more diverse workforce and a more comfortable workplace. On the governance front, independent outside directors have accounted for one-third of the Board of Directors since the previous fiscal year. Through the participa-tion of outside directors in various meetings, we have increased opportunities to receive their objective and expert recommendations. We will continue to promote sustainability initiatives with a focus on our material issues.20A Message from the PresidentCreating New Businesses and Products That Will Serve As Pillars of Future EarningsIn recent years, semiconductor- and electronic component-related products have become a major source of income for the LINTEC Group. However, products have life cycles; we cannot rely on the continuing success of the same products forever. Existing products must be upgraded to meet changing customer needs, but we cannot respond to major changes in technological trends by drawing on conventional technologies alone. Accordingly, we must actively promote initiatives to create new technologies by evolving and integrating existing ones or by combining external technologies with our own to create new ones. In these ways, we will develop new busi-nesses and products that will become future pillars of earn-ings for the LINTEC Group. To drive this process, we have established the New Project Planning Office within the Business Administration Division, which is in charge of sales and marketing. This office works to develop new businesses, focusing on the fields of telecommunications, electronics, mobility, the environment, life science, and energy, and sev-eral of its products have entered the stage of practical appli-cation. We also have established the Next Generation Innovation Group within the same division. From the current fiscal year, this office will begin to consider the development of products that go beyond existing technologies, thereby accelerating efforts to create new products and businesses.CO2 Emissions Reduction Targets:Reduce CO2 Emissions by 50% or More by 2030, Compared with Fiscal 2013 Level, and Achieve Net-Zero Emissions by 2050CO2CO2
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