Addressing climate change and achieving carbon neutrality by 2050
First written in FY2023. 2 of 4 entries say "Advanced", first in FY2025-H1. Latest entry: FY2025.
- FY2025AdvancedAnnual report
「This target was assessed as aligned with the 1.5°C level of the SBT (Science Based Targets) criteria for greenhouse gas emissions reduction targets, which are scientifically aligned with the goals of the Paris Agreement, and we obtained certification for our SBT near-term target from the SBTi (Science Based Targets initiative) on 1 October 2024.」
For the 2030 targets of reducing global Scope 1 and 2 emissions by 80% and Scope 3 emissions by 25%, the company obtained SBT short-term target validation from the SBTi on 1 October 2024. - FY2025-H1AdvancedAnnual report
「Regarding sustainability initiatives, the Group regards climate change as an important issue in environmental management and conducts business activities based on the risks and opportunities that climate change presents to the business environment, with the aim of reducing greenhouse gas emissions. As part of this effort, in August 2024 we obtained a third-party assurance report based on verification by an independent third party in accordance with international standards for greenhouse gas emissions data for the fiscal year ended March 2024, covering Scope 1, 2 and 3, in order to disclose more reliable and transparent data to stakeholders.」
Regarding the response to climate change, in addition to initiatives to reduce greenhouse gas emissions, the company obtained a third-party assurance report based on international standards for its Scope 1, 2 and 3 emissions data. - FY2024RaisedAnnual report
「Previously, the company had targeted a 48% reduction in CO2 emissions by 2030 in Japan only, using fiscal 2014 as the base year. In April 2024, it revised the target to cover the entire global Group, using fiscal 2021 as the base year, with an 80% reduction in GHG Scope 1 and 2 emissions and a 25% reduction in Scope 3 emissions by 2030.」
The climate targets were expanded and revised from a 48% reduction in CO2 emissions in Japan to an 80% reduction in Scope 1 and 2 emissions and a 25% reduction in Scope 3 emissions globally. - FY2023First statedAnnual report
「Regarding the Group’s response to climate change, we have joined the Japan Climate Initiative and, toward achieving carbon neutrality by 2050, set and disclosed an interim target for CO2 emissions to be achieved in 2030. While considering the early adoption of renewable energy, we aim to reduce CO2 emissions by 48% by 2030, using fiscal 2014 as the base year.」
Regarding the response to climate change, the company disclosed separately for the first time targets with a deadline, a numerical target and a means of implementation: carbon neutrality by 2050, a 48% reduction in CO2 emissions by 2030 and consideration of introducing renewable energy.