Initiatives for Climate Change

• Basic Approach
• Environmental Goals and Progress
• External (Scope 3) Results

Basic Approach

Since establishing the Olympus Group Environmental Charter (currently the Environmental Health and Safety Policy) in 1992, the Olympus Group has committed itself to the reduction of its environment impact throughout product lifecycles, including promoting energy conservation activities and the introduction of renewable energy at its sites, the development of environmentally-conscious products, and the implementation of green procurement in collaboration with suppliers. In recent years, the intensification of natural disasters and depletion of resources caused by climate change and the issue with marine plastics has become increasingly serious, posing the dual risk of threatening the entire global environment and directly impacting the sustainability of corporations. Recognizing these challenges as an opportunity for growth as well as operating risk, under the banner of contributing to the achievement of “Carbon Neutral Society and Circular Economy” as a focus area under its ESG strategy, we are promoting initiatives aimed at realizing such a society and economy.
Moreover, in our environmental initiatives, we support the recommendations of the TCFD (Task Force on Climate-Related Financial Disclosures), and conduct disclosures concerning our governance system, the identification of risks and opportunities, our risk management system, and associated targets.

Related sites

• Information Disclosure Based on TCFD
• 2025 CDP Corporate Questionnaire

Environmental Goals and Progress

Internal (Scope 1, 2) Results

Indexes	FY2026		FY2027
	Targets	Results	Targets
Greenhouse gas emissions (Scope 1, 2)	-65%	-76%*	-78%
Renewable energy rate	90%	94%	95%（FY2029）

* With offsets from carbon credits excluded, greenhouse gas emissions were reduced by 66% compared to FY2020.

<Changes in Scope 1 and 2 Emissions>

The Olympus Group set a target of achieving carbon neutrality for greenhouse gas emissions from its site operations (Scope 1 and 2) by FY2031. To achieve this target, we aim to reduce greenhouse gas emissions from our site operations by 70% and offset the remaining emissions through carbon credits, thereby achieving net-zero greenhouse gas emissions. To this end, we are continuing to engage in the ongoing implementation of manufacturing improvement activities and the introduction of energy-saving equipment as well as routine energy conservation activities in the form of shutting off lights and properly controlling the temperature of air conditioning. Furthermore, we are bolstering our organizational initiatives, including appointing energy-saving experts and establishing a system to promote energy conservation at sites where energy consumption is high. In addition, by also promoting the active introduction of renewable energy and the utilization of environmentally conscious cars in its business activities, we are endeavoring to further reduce greenhouse gas emissions.

In FY2026, continual improvements in manufacturing, energy-saving measures, the updating of company-owned cars to environmentally conscious cars and the use of renewable energy were implemented at its sites around the world. As a result of these initiatives, greenhouse gas emissions in FY2026 were reduced by 76% compared to FY2020, the renewable energy rate increased substantially to 94% (89% in FY2025).

For our main initiatives in this regard, Olympus Corporation of the Americas implemented measures to progressively replace company-owned cars with environmentally conscious cars. Through this initiative, the company seeks to reduce both gasoline consumption and CO₂ emissions. We also reduced electricity consumption by switching lighting to LEDs at Olympus Vietnam Co., Ltd. in Vietnam and all buildings at the Kita-aizu Factory in Japan. At Olympus Trading (Shanghai) Limited and Olympus (Suzhou) Medical Device Co., Ltd. in China, we switched the electricity used at business sites to 100% renewable energy-derived power by utilizing green energy certificates (GECs). At sites in Japan, while we had already been making the transition to 100% renewable energy through power retail supply contracts, starting in April 2025, we commenced the supply of renewable energy through an offsite corporate PPA service at our Global Headquarters, Aomori Olympus, Aizu Olympus, and Shirakawa Olympus with a view to expanding renewable energy across society at large.

Moreover, we are also moving forward with initiatives to make the gas used at our various sites carbon neutral. We have completed the switchover of all quantities of gas used at those sites, including city gas and LPG, to carbon offset gas. We commenced the introduction of carbon offset gas at our Global Headquarters in April 2021 and at the Shirakawa site in October 2023. We completed the introduction of carbon offset gas at the Global Headquarters, the Shirakawa site, Aizu Olympus, and Olympus Medical Systems (Hinode Plant) as well as at Olympus UK & Ireland and Algram Group Ltd. in Europe in FY2025, and did the same at Aomori Olympus in April 2025 (which contributed to a reduction of approximately 8,400 t-CO₂ through switching to carbon offset gas in FY2026).

In FY2027 as well, we continue to promote manufacturing process improvements and energy conservation measures while simultaneously accelerating initiatives aimed at reducing greenhouse gas emissions, including gradually switching all power consumed at Olympus sites to renewable energy.

Topics: Fully meeting renewable energy targets (China site)

Olympus (Suzhou) Medical Device Co., Ltd. (Suzhou Plant) installed slower power generation facilities on the plant roof, expanding the utilization of renewable energy-derived power. Green Energy Certificates (GECs) were obtained for the Suzhou Plant and Olympus Trading (Shanghai) Limited, and the electricity used at those sites was switched to renewable energy-derived power.

Topics: Commenced introduction of offsite corporate PPA service through main manufacturing subsidiaries in Japan

In April 2025, Aomori Olympus, Aizu Olympus, and Shirakawa Olympus, which constitute the Olympus Group’s main manufacturing subsidiaries in Japan, introduced an offsite corporate PPA service to procure power derived from renewable energy from offsite sources. While we have already made the transition to 100% renewable energy through power retail supply contracts for power consumed at our main manufacturing sites in Japan, we also introduced renewable energy through this service at our main manufacturing sites in the Tohoku region (Aomori, Aizu, and Shirakawa) in order to expand renewable energy across society as a whole.

News release (Only in Japanese)

Green Energy Certificates

Logo for the Carbon Offset LNG

External (Scope 3) Results

The Olympus Group ascertains and calculates greenhouse gas emissions throughout the entire supply chain for each category and is taking action to reduce greenhouse gas emissions through green procurement, improvement of logistical efficiency, development of environmentally conscious products, and other measures. In addition, we encourage the suppliers with which we do business to set voluntary targets for the reduction of greenhouse gas emissions and to undertake initiatives for continuous reductions of emissions. We also check the status of initiatives to ascertain, set targets for, and reduce greenhouse gas emissions of these suppliers through a web-based company survey on ESG.
These efforts have been recognized, and we were selected as a “CDP Supplier Engagement Leader,” the highest rating in the Supplier Engagement Rating (SER) conducted by CDP^*, an international non-profit organization, in both 2024 and 2025.
As shown in the graph, Scope 3 greenhouse gas emissions account for 90% or more of all Olympus Group supply chain greenhouse gas emissions (Scope 1, 2, and 3). Among Scope 3 emissions, the percentages of upstream greenhouse emissions from purchased goods and services (category 1), capital goods (category 2), and upstream transportation and distribution (category 4) are extremely high.
As such, with a view to achieving the long-term target of net-zero greenhouse gas emissions by 2040, we have set forth “80% of our suppliers achieving science-based greenhouse gas reduction targets (targets whose basis is emissions from purchased goods and services, capital goods, and upstream transportation and distribution) by FY2028” as a short-term target for Scope 3 alone, and are commencing initiatives geared towards reductions of greenhouse gases, in cooperation with our suppliers.
In FY2026, we collaborated with suppliers to bolster initiatives aimed at achieving carbon neutrality with respect to “purchased goods and services,” which account for a large percentage of the Group’s Scope 3 emissions. Specifically, to help our main suppliers ascertain their greenhouse gas emissions and set reduction targets, in addition to holding briefings, we individually handled corporations that requested separate consultations, and endeavored to promote understanding through careful explanations and the sharing of information. As a result of such initiatives, as of 2026, suppliers that accounted for roughly 50% of Scope 3 emissions obtained Science Based Targets (SBTs) certification, and started taking action aimed at their adopted science-based greenhouse gas reduction targets. Going forward, as we further deepen our partnerships with suppliers, we will continue to promote carbon neutrality across the entirety of our supply chain.

* CDP is an international non-profit organization founded in the United Kingdom in 2000. CDP collects, analyzes and evaluates information on the environmental activities of major companies around the world, and discloses the results of these to institutional investors

Greenhouse Gas Emissions (Scope 3)

★ Indexes certified by external assurance.

Purchased goods and services (category 1)

To reduce greenhouse gas emissions throughout the entire supply chain, we continuously engage with main suppliers. Since FY2025, we have held briefing sessions and video presentations for 188 suppliers (conduced a total of three times: in January and August 2024 and January 2025) to deepen each supplier’s understanding of greenhouse gas emissions measurement and reduction.. We also conducted individual briefing sessions for our 35 main suppliers in Japan to promote understanding and action regarding the importance of reducing emissions, calculation methods, and target-setting approaches based on Science Based Targets (SBT). In FY2026, we built on these efforts and conducted individual briefing sessions for 15 main suppliers with large transaction volumes with the company and significant impact on the greenhouse gas emissions of our supply chains, providing practical advice through Q&A sessions tailored to each company’s progress and challenges. As a result, more than 50% of the suppliers completed science-based target setting. We are also surveying all suppliers that do business with the Olympus Group regarding their environmental conservation efforts, including measurement of greenhouse gas emissions, setting reduction targets, water resource management, and waste reduction, and we are working to understand each company’s responses and progress in making improvements.

Upstream transportation and distribution (category 4)

We are undertaking initiatives to improve measurement data accuracy by obtaining greenhouse gas emissions data directly from international logistics forwarders. In addition, we are actively promoting modal shifts from plane to ship, leading to reductions of greenhouse gas emissions from transportation. In FY2026, Olympus Vietnam Co., Ltd. (OVNC) changed the stacking of products on pallets from five tiers to three and switched to a method of double-stacking pallets for some shipped products. This improved the loading capacity per container by 20%, reducing the number of containers used.