Management System

• Environmental Policy
• Promotion Structure
• Long-term Targets and Measures
• Compliance with Environmental Laws and Regulations
• Communication

Environmental Policy

The Olympus Group's environmental initiatives are founded on its Corporate Philosophy, the Olympus Global Code of Conduct and the Environmental Health and Safety Policy^*. The Olympus Global Code of Conduct sets out our policy on the environment and the actions required. The objectives are described with clarity and detail in the Environmental Health and Safety Policy.

* In May 2015, we published the Olympus Group Environmental Policy. This was based on the Olympus Group Environmental Charter adopted in August 1992, to which we added aspects on both environmental protection and economic growth. This Environment Policy was then converted into the Environmental Health and Safety Policy in April 2021, by incorporating environmental health and safety policies to comprehensively manage our EHS activities.

Environmental Health and Safety Policy

Promotion Structure

In the Olympus Group, the CEO and the CHRO (Chief Human Resources Officer) are appointed as the top executive officers for the environment. Also, the Human Resources Head, who manages human resource development and general affairs including matters related to the environment, health and safety (EHS), serves as the top management for environmental affairs for the entire Group. Under the Environmental Health and Safety Policy formulated by the Human Resources Head, the EHS division plans and implements environmental measures and monitors environmental initiatives across the entire Group, such as the progress of energy reduction targets and implementation status of environmental measures.
We have environmental management divisions for each business site and Group company. The EHS division is responsible for environmental management for the entire Group. Since FY2015, the EHS division has created an information platform for the entire Group to enable efficient gathering of information on environmental initiatives at various global sites that are essential to environmental management, as well as environment-related data and the status of these sites in complying with laws and regulations. In FY2021, the Olympus Group obtained ISO 14001 multi-site certification*, which covers 2 group companies in Japan and Asia region, including the EHS division, to reinforce the group's environmental governance and streamline the environmental management.

* A system in which multiple factories and business offices are certified as a single organization

Environmental Management Structure

Status of Acquiring ISO14001 Certification in Olympus Group (As of August 2024)

Long-term Targets and Measures

The Olympus Group is fully aware that the recent environmental pollution, climate change resulting from the human activities, and other impacts on ecosystems are issues we need to address promptly. In May 2021, we added "carbon neutral society and circular economy" to the materiality items. We also set ambitious targets of achieving carbon neutrality*1 with respect to greenhouse gas emissions from our site operations (Scope 1 and 2^*2) by FY2031 and using electricity generated 100% from renewable energy for our site operations by FY2031. In addition, in May 2023, we formulated and announced a target of achieving net zero^*3 greenhouse gas emissions throughout the entire supply chain (Scope 1, 2, and 3^*2) by FY2040. In October, the SBTi certified that the Olympus Group’s net zero target is consistent with the 1.5° C target level specified in the Paris Agreement.

To achieve caron neutrality by FY2031, the entire Olympus Group is working together to improve production processes and implement further energy-saving measures and accelerating initiatives to reduce greenhouse gas emissions including gradually replacing the energy used in our site operations^*4 with renewable energy sources and other measures. We also recognize the importance of environmental impact reduction across the supply chain and continuously implement measures to develop environmentally-conscious products, improve logistics efficiency, set voluntary greenhouse gas emission reduction targets in cooperation with suppliers, and support decarbonization initiatives in an effort to achieve sustainable business.

*1 Carbon neutrality refers to reducing greenhouse gas emissions from site operations (Scope 1 and 2) and offset an amount equivalent to the remaining greenhouse gas emissions using carbon credits, thereby achieving zero emissions overall.

*2 Scope 1: Direct greenhouse gas emissions by combustion of fuels in our sites.
Scope 2: Indirect greenhouse gas emissions from our sites use of electricity, heat or steam supplied by other companies.
Scope 3: Other, indirect emissions of greenhouse gas emissions (excluding Scope 1 and 2).

*3 Net zero means reducing greenhouse gas emissions (Scope 1, 2, and 3) as much as possible (at least 90%) in line with the latest climate science (1.5°C scenario) and using credits derived from carbon sequestration and removal (such as afforestation and CO₂ capture and storage) for an amount equivalent to the residual greenhouse gas emissions (less than 10%) to achieve a balance.

*4 Excluding rental properties, such as sales sites.

Major Environmental Activity Results in Fiscal 2024

Compliance with Environmental Laws and Regulations

Olympus Group continuously develops and maintains internal rules and regulations adapted to statutory requirements, and trains environmental managers and related personnel, as well as monitoring and improving on-site management.
In FY2024, there were no serious violations of laws and regulations or accidents that had a serious impact on the environment, and no fines or penalties were imposed, and no sanctions other than monetary sanctions were imposed.

Accident or violation of laws and regulations in FY2025 (updated on August 30th, 2024)

ESG Data

Communication

Green Procurement

Olympus published the "Olympus Group Green Procurement Standard" in 2001.
The Green Procurement Standard, which is also posted on our website, explains the Olympus Group's approach to its environmental activities to all suppliers.
In addition, through the corporate survey that we conduct once a year targeting major suppliers around the world with whom we conduct ongoing business, we confirm that status of the following measures, and we are working with suppliers to raise the level of our environmental activities.

• Establishment of environmental management systems and acquisition of ISO 14001 certification
• Compliance with laws, regulations, and social norms
• Determination of environmental impacts, setting targets, and taking action to reduce impact (GHG emissions (Scope 1, 2, and 3), water use, and amount of waste discharge)
• Countermeasures against chemicals
• Measures for environmentally-conscious products
• Biodiversity conservation

Olympus Group Green Procurement Standard

Environmental Education and Awareness Activities

The Olympus Group recognizes the importance of greater environmental awareness by each and every employee and full participation in environmental activities under the Environmental Health and Safety Policy. We are running more environmental awareness activities such as the Olympus Environment Day, a global group-wide event. In FY2024, as part of our Olympus Environment Day initiatives, an environmental e-learning program was conducted involving all Group employees, to promote group-wide awareness of important environmental issues, such as climate change, measures for achieving the long-term target of carbon neutrality, measures to address resource circulation including reducing the amount of water use and waste, and the state of environmental activities throughout the Group. We held events adapted to regional characteristics to promote environmental awareness in our major sites.

We have also introduced special training programs to improve our environmental management system and implement it effectively. These include programs on compliance with environmental laws and regulations, and ISO 14001 internal audits at facilities around the world, and site-specific environmental e- learning based on site conditions.

Major Environmental Education Programs (FY2024)

Environmental Conservation Activities

The Olympus Group is involved in continuous environmental conservation activities in the local communities where its business sites are located, including cleanup programs, tree planting and recycling.

Corporate Citizenship Activities' Newsroom

Olympus Environmental Day