Due to the increase in global population, total household use of water has increased six-fold since 1960.*1 By 2050, 40% of global population is likely to experience water stress.*2 Indeed, in 2022, 2.2billion people did not have access to safely managed drinking water.*3 *4
In order to realize the circular economy, set forth in LIXIL’s Environmental Vision, we have designated water sustainability as one of our focus areas and positioned that goal as a priority among our material issues. As a leading company in water-related products, we will pursue water sustainability by promoting responsible use of it in our operations and providing safer, delicious drinking water so that everyone, including future generations, can fully enjoy the benefits of this resource.
To achieve our goals, we are taking a comprehensive strategic approach and pursuing medium-term targets through each of three phases: Our Operations, Our Value Chain, and Expanding Our Impact. We will go beyond simply fulfilling our corporate responsibility to minimize the environmental burden of our business and products, and also create new value in the environmental field together with all stakeholders in order to have an even greater positive impact on the global environment and society.
