Review of CO2 Emissions Reduction Targets and Specific Measures
First written in FY2020. 8 of 16 entries say "Advanced", first in FY2021-Q2. Latest entry: FY2026.
1 other company's latest entry also says "Advanced".
- FY2026AdvancedAnnual report
「Invest approximately ¥100 billion in carbon neutrality by 2035, achieve the target for reducing CO2 emissions associated with cement production, and contribute to biodiversity conservation through afforestation activities and the development of a marine products business」
The Company specified carbon-neutral investment of approximately ¥100 billion through 2035 and disclosed fiscal 2024 energy-related CO2 emissions intensity of 263kg-CO2/t and a fossil energy substitution rate of 43%. It also presented an 11-stage roadmap, including operation of an artificial limestone pilot plant and CRC and CCUS initiatives. - 2026-05-29AdvancedOther Disclosures
「Under SOCN2.0, we revised the plan by specifying the roadmap and carbon-neutral investment plan, expanding the scope of interim reduction targets based on them, and establishing new reduction targets through FY2035.」
The revision of SOCN2050 added an interim reduction target and KPIs for FY2035 to the existing FY2030 target and specified the carbon-neutral investment plan and roadmap. The FY2035 targets include a 42% reduction in the Group's Scope 1 and 2 GHG emissions, a 24% reduction in CO2 emissions intensity from cement production, and a 60% fossil-fuel substitution rate. - FY2025AdvancedAnnual report
「The Company successfully developed and conducted pilot construction using a NETs technology product with an atmospheric CO2 absorption and fixation rate more than twice that of ordinary cement, establishing a path toward practical application.」
The CO2 reduction policy advanced beyond targets of a 30% reduction in energy-related CO2 emissions intensity by fiscal 2030 and an average company-wide fossil energy substitution rate of at least 50% to include specific technological achievements such as artificial limestone, CRC and NETs. Emissions intensity was 269kg-CO2/t in fiscal 2023, with a target of 220kg-CO2/t for fiscal 2030. - FY2025-H1RestatedAnnual report
「As part of “Building a Growth Platform”: expanding scale and strengthening profitability through concentrated investment of resources in the electronic materials business for semiconductor manufacturing equipment; expanding overseas businesses (the Australian business); and developing new businesses in the decarbonization field」
The development of new businesses in the decarbonization field continues as a measure for building a foundation for growth, but no new reduction results or commercialization milestones have been disclosed. - FY2024AdvancedAnnual report
「Reduce energy-related CO2 emissions intensity by 30% from 2005 levels by 2030, equivalent to a 45% reduction in emissions」
The CO2 reduction policy was translated into numerical targets of a 30% reduction in emissions intensity by 2030, a 45% reduction in emissions, and an average company-wide fossil energy substitution rate of at least 50%. Emissions intensity was 274kg-CO2/t in fiscal 2022, with a target of 220kg-CO2/t for fiscal 2030. Specific measures, including CCU, CRC, the NEDO project and feasibility studies for CCS, were also disclosed. - FY2024-Q2ReframedAnnual report
「Under "SOC Vision2035," the medium- to long-term vision setting out the Group's desired future state in 2035, the Company has identified environmental solutions as a key theme and aims to become a company with a strong presence in society through sustainable growth.」
The response to environmental issues is now framed not only as specific measures to reduce CO2 emissions, as before, but also as a core theme of "environmental solutions" and sustainable growth under the medium- to long-term vision for 2035. - FY2024-Q1ReframedAnnual report
「Positioning the development of new businesses in the decarbonization field as a measure for building a foundation for growth under the Group-wide strategy」
In addition to considering CO2 emissions reduction targets and specific measures and pursuing existing environmental initiatives, the scope was broadened to incorporate the decarbonization field into the development of new businesses as a measure for building a foundation for growth. - FY2023-Q3RestatedAnnual report
「In addition, the Company has implemented "strengthening environmental measures" and "initiatives to reduce CO2 emissions" as environmental measures.」
The continued strengthening of environmental measures and implementation of CO2 emissions reduction initiatives under the medium-term management plan has been reconfirmed. - FY2023-Q1RestatedAnnual report
「We are also implementing measures to strengthen environmental measures and reduce CO2 emissions.」
Environmental measures, including CO2 emissions reduction, continue as initiatives under the 2020–22 fiscal-year medium-term management plan, but no new numerical targets or results have been disclosed. - FY2022AdvancedAnnual report
「Under NEDO's Green Innovation Fund project, the theme "Establishment of Carbonation Technology Using Diverse Calcium Sources" was selected for funding. …The Group will continue to pursue initiatives to reduce CO2 emissions based on "SO-CN2050," its specific medium-term targets and long-term action policy toward carbon neutrality by 2050.」
Regarding CO2 reduction, the Group advanced the implementation stage based on "SO-CN2050" by securing selection for NEDO's Green Innovation Fund project, considering carbon-recycled cement and promoting TCFD-based information disclosure. - FY2022-Q3RestatedAnnual report
「In addition, the Company endorsed the TCFD (Task Force on Climate-related Financial Disclosures) and joined the TCFD Consortium. Going forward, the Company will continue to promote initiatives addressing climate change, centered on CO2 emissions reduction, and advance information disclosure based on the TCFD recommendations.」
The Company's endorsement of the TCFD, participation in the consortium, and policy of promoting CO2 emissions reduction and TCFD-based information disclosure have been reconfirmed. No new systems or numerical targets have been disclosed. - FY2022-Q2AdvancedAnnual report
「In addition, the Company endorsed the TCFD (Task Force on Climate-related Financial Disclosures) and joined the TCFD Consortium. Going forward, the Company will continue to promote initiatives addressing climate change, centered on CO2 emissions reduction, and advance information disclosure based on the TCFD recommendations.」
In addition to CO2 emissions reduction initiatives, the Company specified its endorsement of the TCFD, participation in the consortium and promotion of TCFD-based information disclosure. - FY2021AdvancedAnnual report
「To strengthen initiatives aimed at reducing greenhouse gas emissions and achieving a decarbonized society, the Group established a Sustainable Measures Committee, advanced consideration of medium- to long-term CO2 reduction targets and specific measures, and formulated "SO-CN2050," its specific medium-term targets and long-term action policy toward carbon neutrality by 2050.」
The Group moved from the consideration stage by the Sustainable Measures Committee to the formulation stage of "SO-CN2050," its medium-term targets and long-term action policy centered on achieving "carbon neutrality by 2050." No specific numerical emissions reduction amounts have been disclosed. - FY2021-Q3RestatedAnnual report
「Against this backdrop, our Group launched the FY2020–22 medium-term management plan in FY2020. As its business strategy, we pursued initiatives in the cement-related business to improve the profitability of cement and solidifying materials and strengthen the business foundation, and to expand related businesses; in the high-performance products business, we pursued initiatives to secure the competitive advantage of existing core products and develop new products. We also implemented measures to strengthen environmental measures and reduce CO2 emissions.」
The Group continues to state that CO2 emissions reduction is being implemented as an environmental measure under its 2020–22 fiscal-year medium-term management plan, but no new specific results or numerical targets have been disclosed. - FY2021-Q2AdvancedAnnual report
「Against this backdrop, our Group launched the FY2020–22 medium-term management plan in FY2020. As its business strategy, we pursued initiatives in the cement-related business to improve the profitability of cement and solidifying materials and strengthen the business foundation, and to expand related businesses; in the high-performance products business, we pursued initiatives to secure the competitive advantage of existing core products and develop new products. We also implemented measures to strengthen environmental measures and reduce CO2 emissions.」
Regarding CO2 emissions reduction, the Group stated that it had moved from the stage of considering medium- to long-term targets and specific measures through a committee to the implementation stage, as an environmental measure under its 2020–22 fiscal-year plan, of initiatives to reduce CO2 emissions. - FY2020First statedAnnual report
「A Sustainable Measures Committee has been established to consider medium- to long-term reduction targets and specific measures.」
The Group disclosed for the first time an initiative to establish a cross-functional Sustainable Measures Committee and consider medium- to long-term CO2 emissions reduction targets and specific measures.