[CC may contain inaccuracies] What do you hope to achieve with this new initiative. Well first of all we have to remember the fact that Asia
including China and India is the world's largest greenhouse gas emitter and we have nothing in the serious discussions of
creating a rule making led by mostly Europe and the US and without
Asia and therefore the world cannot resolve the sustainability issues. So the purpose of the council with the
young grandma leading the Eurasia is to bringing the global leaders to take
action for Asia agenda in the space of the of the sustainability. And we can't follow the European arrest
standards because of the huge changes in climate and the geography. I mean huge differences. So young. Oh. Purpose of
this council is to give the lots of opportunities for Asian countries and global leaders. So Ian Bremmer and I are working
on it. And Asia is foremost and most important to achieve the net zero goals.
So when you take a look at that graphic that we just end up there two of the world's biggest three emitters are here in
Asia. We're talking about China and India. We had the surprise commitment from India in the first day of
talks. Have you been encouraged by what's been announced at COP 26 so far.
Not really because the crucible of Asia is still in trouble. Of the economy. So the first two being by India. I
mean the Asian leaders have to tackle still economic issue and plus Asia and use a lot of support from advanced economies in
terms of technology because we can't rely on the conventional renewables like wind power like
solar panels. We need more technology like the geo some hydrogen and nuclear. So we need the bastard Bharati of
technology to secure energy sources right. More conventional ones. So how much cooperation and collaboration is there right
now when it comes to those goals whether it's on technology and other issues between governments and the private sector and
businesses like yourself. Yeah well we are committed to providing support like plastic
issues and the like at the greenhouse gas emission. Things are giving you know technology
and providing funds from the government of Japan for example to especially Southeast Asia.
When it comes to your goals specifically we know that you have targeted some ambitious goals including reducing water usage by
15 percent by 2030 50 percent by 2050 net zero gas emissions throughout your value chain by 2050.
Give us an update on how much progress you've had in the past year. OK. Our targets two other day 50 are too remote to we
believe so. We are setting yo bold goals toward that at 2030 because we have to show we are doing correctly and we are honest
about the reality. So first of all we achieved the almost in Japan yet we achieved the goal to to double the water
regeneration replenishment. And we are working with the civil societies in North America Asia and Europe to achieve the net
positive water because in the world we will be so much suffering by the lack of a natural water. By 2050 we expect that as much
as four billion people will be in danger to secure natural water. So it's been progressing. As for natural water and
greenhouse gas emission we are progressing towards the 2030 goals in Coats Cove once called Q almost a 50 percent reduction.
It's underway. But IBEX in fact there is a scope 3. Scope 3 comes from obviously mostly Asia Egypt in the center of the
problem and Asia should be center of a solution. Egypt is a center. Supply chain in the world. So we should not ignore the
fact that we've got to work together with the Asian countries as well as S.M. EAS who are big supply chain players. So to are the
third. Do we have. Yeah. I am curious so does the energy crisis higher input costs make
it more difficult for manufacturers to be able to commit to decarbonisation and to renewables.
Yeah well we're working on it but we need again more energy sources. We might have to consider nuclear. Here in Asia
including Japan Gaza. We don't have a big lead. We don't. We have long term a long time in the rainy season in Asia. So the
solar panel is not a solid solution. Wind power is not a solid solution. We need to some others. So technology matters to
achieve our 2030 goals as well as the 2050 goals.