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Other Disclosures5232Sumitomo Osaka Cement Co.,Ltd.Construction and Materials

Revised the medium- to long-term vision for achieving carbon neutrality by 2050 and released “SOCN2050” Version 2.0

Revised the vision toward carbon neutrality by 2050 and specified the roadmap for emissions-reduction measures and the investment plan. In addition to the 2030 fiscal year, set interim emissions-reduction targets and KPIs for the 2035 fiscal year, and expanded the scope covered.

Worth reading
49Recurring
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Direction
Improvement
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Announced details

Environmental solutions products and servicesCO₂-recycled artificial limestoneCarbon-recycled cementNew geopolymer material (GeoElement)
Applicable field (uses covered by this announcement)
Cement manufacturingCarbon businessHigh-performance productsLand and ocean NETs
What the company reported numerically
Quantitative Effects

2030 fiscal year: 36% reduction in Scope 1 + 2 GHG emissions across the Group

2035 fiscal year: 42% reduction in Scope 1 + 2 GHG emissions across the Group

2030 fiscal year: 15% reduction in CO₂ emissions intensity from cement manufacturing

2035 fiscal year: 24% reduction in CO₂ emissions intensity from cement manufacturing

2030 fiscal year: 29% reduction in Scope 1 + 2 GHG emissions from cement manufacturing

2035 fiscal year: 36% reduction in Scope 1 + 2 GHG emissions from cement manufacturing

2030 fiscal year: 50% fossil-energy substitution rate

2035 fiscal year: 60% fossil-energy substitution rate

2030 fiscal year: 2% reduction in the clinker/cement ratio

2035 fiscal year: 7% reduction in the clinker/cement ratio

In this announcement the company addresses none of Contract Value / Offering price / Impact on Business Performance.

Announced details
ItemDetails
Names of Products / Services CoveredEnvironmental solutions products and services, CO₂-recycled artificial limestone, Carbon-recycled cement, New geopolymer material (GeoElement)
Applicable areaCement manufacturing, Carbon business, High-performance products, Land and ocean NETs
Quantitative Effects2030 fiscal year: 36% reduction in Scope 1 + 2 GHG emissions across the Group, 2035 fiscal year: 42% reduction in Scope 1 + 2 GHG emissions across the Group, 2030 fiscal year: 15% reduction in CO₂ emissions intensity from cement manufacturing, 2035 fiscal year: 24% reduction in CO₂ emissions intensity from cement manufacturing, 2030 fiscal year: 29% reduction in Scope 1 + 2 GHG emissions from cement manufacturing, 2035 fiscal year: 36% reduction in Scope 1 + 2 GHG emissions from cement manufacturing, 2030 fiscal year: 50% fossil-energy substitution rate, 2035 fiscal year: 60% fossil-energy substitution rate, 2030 fiscal year: 2% reduction in the clinker/cement ratio, 2035 fiscal year: 7% reduction in the clinker/cement ratio
Items this document does not state (15)
CounterpartyCounterparty overviewRelationship with the CompanyContract ValueOffering priceContract DateLaunch dateAward/certification nameAwarding / certifying bodyRegistration number and expiry dateLocationLocation scaleUsage historyImpact on Business PerformanceSource

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The reasons the company gives

The company's own explanation, not something inferred from the numbers.

The external environment, including GX-related laws and regulations and government policies, has changed significantly, in addition to changes in the internal and external operating environment.

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Revised the medium- to long-term vision for achieving carbon neutrality by 2050 and released “SOCN2050” Version 2.0 | Sumitomo Osaka Cement Co.,Ltd. (5232) timely disclosure | Komori