Development of Policies, Measures and a Roadmap for a Decarbonized Society
First written in FY2021. 4 of 6 entries say "Advanced", first in FY2022. Latest entry: FY2026.
The whole theme swung hardest in 2018: 1 of 6 companies on the "Worse" side.
- FY2026AdvancedAnnual report
「As a member of the global community, the Group has established an environmental policy aimed at achieving carbon neutrality for its own Group emissions (Scope 1 and 2) by FY2040, endorsing the Task Force on Climate-related Financial Disclosures (TCFD) and setting a GHG reduction target for FY2030. The GHG reduction targets were certified by SBTi (Science Based Targets initiative) on 31 March 2026. The Group has set targets to reduce Scope 1 and 2 emissions by 42% in FY2030 versus FY2024 and Scope 3 emissions by 25% versus FY2024.」
The existing decarbonization policy has developed into a specific framework comprising carbon neutrality by FY2040, SBTi certification, and reductions by FY2030 of 42% in Scope 1 and 2 emissions and 25% in Scope 3 emissions. - FY2025Actual GHG emissions diverge from the reduction targetAnnual report
「GHG emissions (Scope 1 and 2) reduction 35% reduction versus FY2014 22.7% increase※7」
Against the target of a 35% reduction in FY2030 versus FY2014, actual emissions in FY2024 were disclosed as having increased by 22.7%, quantifying the gap from the target. The company states that it will formulate SBTi-aligned targets, reduce emissions intensity and expand the use of renewable energy. - FY2024AdvancedAnnual report
「Following the acceptance in January 2024 of its commitment letter to the Science Based Targets initiative (SBTi), the company is formulating GHG emissions reduction targets and a reduction plan aligned with the initiative.」
In addition to the existing target of a 35% reduction by FY2030, the company’s commitment letter to SBTi has been accepted, and it has moved to the stage of formulating SBTi-aligned targets and a reduction plan. - FY2023AdvancedAnnual report
「Toward achieving carbon neutrality by 2050, the Group aims to reduce greenhouse gas (GHG) emissions from its own plants (Scope 1 and 2) by 35% in FY2030 compared with FY2014.」
The decarbonization policy has been translated into specific numerical targets and initiatives, including carbon neutrality by 2050, a 35% reduction by FY2030, renewable energy and reductions in emissions intensity. - FY2022AdvancedAnnual report
「As a member of the global community, the Group has resolved at a Board of Directors meeting held in October 2010 to endorse the Task Force on Climate-related Financial Disclosures (TCFD) and establish a “New Environmental Policy” setting a GHG reduction target for FY2030, with the aim of achieving carbon neutrality and a decarbonized society by 2050. Through expanding renewable energy procurement, the Group will contribute to reducing GHG emissions, while actively disclosing improvement efforts, including periodic revisions to the plan, and progress.」
The decarbonization policy has developed into a specific framework comprising carbon neutrality by 2050, a GHG reduction target for FY2030, TCFD endorsement and expanded renewable energy procurement. - FY2021First statedAnnual report
「As a member of the global community, the Group will promptly consider and formulate policies, initiatives and a roadmap toward achieving a decarbonized society, and will actively disclose progress.」
The company has explicitly disclosed for the first time its consideration and formulation of policies, initiatives and a roadmap toward achieving a decarbonized society, together with the disclosure of progress.