-
Published:
Overall sustainability governance
Committee:
Sustainability & Social Responsibilitystatus:
NewJapan under former Prime Minister Suga joined other countries in announcing that Japan will be carbon neutral by 2050. While the announcement was met with fanfare at the time, some of the momentum seems to have been lost. Not only where there no immediate follow-up, but concrete implementation has been slow.
-
Published:
Climate action, responsible consumption and production
Committee:
Sustainability & Social Responsibilitystatus:
NewTo decouple economic growth from environmental degradation, increase resource efficiency and promote sustainable lifestyles, Japan needs to invest in renewable energy or energy savings technologies and align its business models to circular-based-economy through government promotion as well. Regarding responsible consumption and production, despite efforts on food loss and waste reduction, additional actions are still needed to further reduce food waste: it is estimated that 5.22 million tons of food waste is still produced annually in Japan.
-
Published:
Gender equality
Committee:
Sustainability & Social Responsibilitystatus:
NewJapan, known to have the world’s highest rate of seniority, also has one of the fastest population declining paces in the world. Its economy is bound to drastically change in the following decades due to a decrease in population of 30 million by 2050. The Sustainability & Social Responsibility committee of the EBC supports Prime Minister Kishida’s “New Capitalism” encouraging investment in human capital as one of the main pillars of his growth strategy. We expect that this initiative will result into a more inclusive Japanese economy.