Tokyo, Japan — Sony Group Corporation (Sony) has been included in the CDP's A-List,*1 a distinction which recognizes Sony as a leader in efforts to address climate change. This is the third year in a row and the eighth time that Sony has made the A List in the climate change category.

Based on the recognition that its business success depends upon a healthy global environment, Sony has established "Road to Zero," a long-term environmental plan to achieve a zero environmental footprint throughout the entire Sony Group by the year 2050, and is promoting activities from the four perspectives of climate change, resources, chemical substances and biodiversity.

As climate change risk becomes an increasingly serious and pressing issue, Sony has pushed forward its net-zero targets throughout the value chain, including Scopes 1 to 3, from 2050 to 2040, and its target to achieve 100% renewable electricity used at its own sites, from 2040 to 2030.*2
Furthermore, Sony received approval for its net-zero targets from the "Science Based Targets initiative (SBTi)*3" in 2022.

To achieve these targets, the Sony Group is engaged in various energy conservation activities at its sites and offices. In addition, as part of its Green Management 2025 medium-term environmental targets, Sony aims to make renewable electricity account for more than or equal to 35% of the power at its own sites by fiscal 2025, and is working to install solar power systems, purchase renewable electricity from power utilities and utilize renewable energy certificates. All of its sites in Europe and China have already achieved 100% renewable energy. In Japan, Sony began operating a virtual PPA*4 using the Feed-in Premium (FIP) system in fiscal 2022. As a result, the rate of renewable electricity at the Sony Group in fiscal 2022 doubled to 29.7% from fiscal 2021.

Sony has implemented many initiatives to reduce energy consumption of its products, setting specific annual goals for each product category. At the same time, Sony has been working to reduce greenhouse gas emissions across its supply chain. These initiatives include its "Partner Eco Challenge Program" introduced in fiscal 2022, whereby Sony visits the sites of its materials and parts suppliers and shares expertise relating to Sony's energy saving activities.

In pursuit of its long-term goal of a zero environmental footprint, Sony will continue to strive to reduce its environmental impact and create environmentally conscious products and services, while engaging in business activities to help create a more sustainable society and global environment.

About CDP

CDP is a global non-profit organization (NPO) founded in the UK in 2000 that runs the world's environmental disclosure system for companies, cities, states and regions. This year, over 740 financial institutions with over US$136 trillion in assets requested companies to disclose data on environmental impacts, risks and opportunities through CDP's platform. Over 23,000 companies responded.

• *1:The rating system is a 5-rank scale (A, A-, B, B-, C, C-, D, D-, F). The A List is made up of the companies awarded the highest performance rank of "A."
• *2:In 2022, Sony made the decision to bring forward the target year of achieving a zero environmental footprint in the climate change area by ten years.
• *3:An international initiative to encourage companies to set science-based greenhouse gas reduction targets in order to limit the increase in the average global temperature due to climate change to 1.5 degrees Celsius above pre-industrial levels.
• *4:A virtual PPA (Power Purchase Agreement) is a system in which consumers (companies that wish to use electricity) conclude a long-term contract with a power generation company directly, trading the "environmental value" contained in renewable power rather than actual power. Sony has concluded a contract with OTS LLC, a power generation company, to utilize the platform provided by Digital Grid Corporation.