Participation in partnership between industries, academia, and government on Circular Economy

Tokyo, August 30, 2024 — Kawasaki Heavy Industries, Ltd. announced today that it has participated in the partnership between industries, academia, and government on circular economy, named “Circular Partners” which is led by the Ministry of Economy, Trade and Industry of Japan (METI).

Circular economy is an economic system that aims to promote the circulation of resources and achieve both economic activities and environmental conservation by designing products based on the premise of using recycled materials, minimizing waste, and ensuring that the products are used for a long time.
This partnership is based on the "Resource-Autonomous Circular Economy Growth Strategy" published by METI in March 2023, and aims to promote cooperation among industries, academia, and government and to effort among stakeholders throughout the life cycle to realize a circular economy.*¹

In the Kawasaki Group Policy on Environmental Management*² established in June this year, the company has stated that it will contribute to a sustainable society through technologies, products, and services, and our efforts for a circular economy are one of our activities that follow this policy. In the future, the company will apply circular economy policies in each product of the Kawasaki Group. The company will promote the development of environmentally conscious products with consideration for longevity, degradability, and recyclability on the product design stage.
In particular, the company will promote the effective use of recycled resources by increasing the ratio of recycled materials in raw materials used during manufacturing process and promoting the use of recycled materials in products and their parts.
In addition, through our participation in “Circular Partners”, the company will contribute to the realization of a sustainable society in resource recycling throughout the supply chain by actively collaborating with external stakeholders in the use of precedents and joint research.

*1 About Circular Partners
https://www.cps.go.jp/webruntime/org-asset/c1d2d24970/resource/081GA000001iEGV

*2 Kawasaki Group Policy on Environmental Management
https://global.kawasaki.com/en/corp/sustainability/pdf/policy-em.pdf