Teijin Introduces New Green Standard And Waste Reduction Goals

Tokyo-based Teijin Group Ltd.’s holding group, Teijin Ltd., has unveiled the Japanese fiber industry’s first system for evaluating the environmental friendliness of products and processes. Teijin will use its recognition system mainly to evaluate the production process lifecycle based on six criteria: energy efficiency, resource conservation, security, environmental friendliness, transparency and environmental impact. Teijin Group employees will use detailed checklists in line with the new “Teijin Group Guidelines for Environmentally Friendly Design” for assessment, allowing only those products and processes that comply to be certified under the system. The new system will be instated July 2008.

Teijin Ltd. also announced new goals for reducing chemical substance and industrial waste emissions up to fiscal year (FY) 2020, with a commitment to reduce chemical substance emissions by more than 80 percent and total industrial waste volume by more than 85 percent, compared to the volume produced in FY 1998. These goals raise the bar on the long-term policy goal that Teijin adopted in its previous medium-term plan in 2007.

Teijin’s new green standard and waste reduction goals complement its other environmentally sustainable business developments, such as the Eco Circle™ closed-loop polyester recycling system and Biofront™ heat-resistant bioplastic.

May 21, 2008