GHG emissions reduction (50% reduction by 2030, net zero by 2050)
First written in FY2022. 2 of 6 entries say "Advanced", first in FY2023-Q2. Latest entry: FY2026.
86 other companies' latest entry also says "Advanced".
- FY2026AdvancedAnnual report
「Emissions reductions since the base year are progressing steadily. The main factor is the expanded adoption of renewable energy. As of FY2025, the main buildings of Mitsukoshi Nihombashi, the main and annex buildings of Iwataya, and the Tokorozawa Center are operated with effectively 100% renewable energy. From April 2026, the Isetan Shinjuku main store and Mitsukoshi Ginza store will also be operated with effectively 100% renewable energy. In addition, to clarify that the level of the medium-term emissions target is aligned with the Paris Agreement, the company obtained SBT (Science Based Targets) certification in September 2025.」
Against its targets of reducing Scope 1 and 2 emissions by 42% by 2030 and achieving a 55% renewable energy adoption rate, the company had reduced emissions by 7.0% and reached a renewable energy adoption rate of 7.9% as of the fiscal year ended March 2025, and had progressed toward obtaining SBT certification. - 2026-05-13AchievedFinancial results presentation
「SBT certification obtained」
The company has progressed from a commitment to obtaining certification to actually obtaining SBT certification for its greenhouse gas reduction targets. - FY2025ReframedAnnual report
「Medium-term environmental target: GHG emissions (Scopes 1 and 2) in 2030: 42% reduction from FY2023 Renewable energy adoption rate in 2030: 55% Long-term environmental target: net-zero GHG emissions in 2050 (Scopes 1, 2 and 3)」
The base year for the 2030 target was changed from FY2013 to FY2023, the reduction target was redefined as covering Scopes 1 and 2, and a renewable energy target of 55% was added. The scope of the 2050 target was specified as net zero for Scopes 1, 2 and 3. The company also expressed its commitment to obtaining SBT certification. - FY2023-Q2AdvancedAnnual report
「As part of its greenhouse gas reduction initiatives, the company began construction to install a PPA-model, self-consumption solar power generation facility at the Mitsukoshi Isetan distribution center.」
As a specific measure toward its greenhouse gas reduction targets, the company began construction to install a PPA-model, self-consumption solar power generation facility at a distribution center. - FY2023-Q1RestatedAnnual report
「We will continue working through dialogue with our stakeholders to achieve our medium- and long-term environmental targets and expand initiatives through our business activities.」
The company continues to pursue its medium- and long-term environmental targets and expand its business activities through dialogue with stakeholders. - FY2022First statedAnnual report
「・Medium-term environmental target: reduce greenhouse gas emissions in 2030 by 50% from FY2013 levels ・Long-term environmental target: achieve net-zero greenhouse gas emissions in 2050 ・To achieve the long-term environmental target, we will consider and implement initiatives including a plan to switch to renewable energy, assessments of business partners and obtaining SBT certification.」
For climate change initiatives, the company specified for the first time its GHG reduction targets for 2030 and 2050, along with measures including renewable energy, supplier assessments and obtaining SBT certification.