Toward Sustainable Development Toshiba Group appreciates that all its products bring with them environmental impacts. Guided by the Group slogan, “Committed to People, Committed to the Future, TOSHIBA,” Toshiba is dedicated to minimizing such impacts and maximizing environmental awareness and concerns in all aspects of our business. We will promote technological innovations and awareness as we work toward sustain- able development. That means encouraging environmental consciousness and making full and effec- tive use of the minimum possible resources. Turning to particulars, we will continue our efforts to reduce energy consumption, promote a positive commitment to environmental protection and take leadership in establishing a recycling-based society. In fiscal 2001, we launched our “Third Voluntary Environmental Plan,” which sets corporate targets for the period to fiscal 2005. Strengthening Environment-related Communications We believe it is essential to communicate Toshiba Group’s environment-related work. We issue an- nual environmental reports, and The Toshiba Environmental Report 2002 details the actual environ- mental impacts of our activities on a site-by-site basis, quantifying the costs and effects of environ- mental protection. We seek to account for the costs of environmental measures by considering four areas: real benefit, deemed benefit, customer benefit and risk aversion benefit. In addition to this, we welcome the general public to our environmental exhibitions. The most recent, the 11th Toshiba Environment Technology Exhibition, was held in February 2002. Targets of the Third Voluntary Environmental Plan and First Year Results Initiated in fiscal 2001, the Third Voluntary Environmental Plan promotes eight targets for fiscal 2005. These include the attainment of zero waste emission and the creation of environmentally conscious products through such measures as adoption of lead-free solder. We recorded satisfac- tory progress in the first year of the plan. Efforts to Prevent Global Warming Heightened energy efficiency is central to all of our development activities. This approach also ex- tends to energy conservation at our facilities and moves to prevent global warming through dedicated efforts to reduce CO 2 release. With that in mind, we have set ourselves the target of reducing “CO2 releases to net sales” by 25% in fiscal 2010, with fiscal 1990 as our benchmark. Reducing the Environmental Impacts from Production to Recycling Toshiba is a manufacturer, and we believe that means we should make utmost efforts to reduce environmental impacts in all product processes, from manufacturing to use and through to reuse. We are also committed to maximizing recycling. The following parts of this section looks at some of our efforts. Zero Emission of Waste The volume of waste generated by Toshiba Group in fiscal 2001 totaled 180,000 tons, a 20,000-ton decrease against fiscal 2000. We are pleased to record that 94% of this was recycled. However, our ultimate target is “zero emission” of waste, which means that waste undergoing final disposal to landfill must be less than 1% of the total waste emitted. We expect to reach that under the Third Voluntary Environmental Plan, by fiscal 2003. 32