2040 Carbon Neutrality Declaration and Net Zero CO2 Emissions Target
First written in FY2022-Q3. 1 of 6 entries say "Restated". Latest entry: FY2026.
The whole theme swung hardest in 2018: 1 of 6 companies on the "Worse" side.
- FY2026Expected progress toward CO2 reductions in 2025 disclosedAnnual report
「Against the target of reducing Scope 1 and 2 CO2 emissions by 50% from 2014 levels by 2030, a 43% reduction is expected in 2025, including some estimates.」
For Scope 1 and 2, it was stated that emissions were expected to decline 43% in 2025 against the target of a 50% reduction from fiscal 2014 levels by 2030. Initiatives at the Mihara Machinery Works, the Takasago Hydrogen Park and the Nagasaki Carbon Neutral Park are continuing. - FY2025Disclosure of expected progress in CO2 reductions in 2024Annual report
「Against the target of reducing Scope 1 and 2 CO2 emissions by 50% from 2014 levels by 2030, a 47% reduction is expected in 2024.」
For Scope 1 and 2, it was stated that emissions were expected to decline 47% in 2024 against the target of a 50% reduction from fiscal 2014 levels by 2030. Initiatives at the Mihara Machinery Works, the Takasago Hydrogen Park and the Nagasaki Carbon Neutral Park are also continuing. - FY2024Expected progress toward CO2 reductions in 2023 disclosedAnnual report
「Against the target of reducing Scope 1 and 2 CO2 emissions by 50% from 2014 levels by 2030, a 42% reduction is expected in 2023.」
For Scope 1 and 2, it was stated that emissions were expected to decline 42% in 2023 against the target of a 50% reduction from fiscal 2014 levels by 2030. Initiatives including the conversion of the Mihara Machinery Works to green electricity and the Takasago Hydrogen Park are also continuing. - FY2023AdvancedAnnual report
「Against the target of reducing Scope 1 and Scope 2 CO2 emissions by 50% from 2014 levels by 2030, the Group had already achieved a 47% reduction as of 2022. In addition, it is pursuing further initiatives, including sourcing 100% green electricity for Mihara Machinery Works to make it a carbon-neutral factory. For Scope 3, the target is to reduce CO2 emissions associated with the use of the Group’s products by 30% by 2025 and 50% by 2030 from 2019 levels. To achieve this, the Group is developing and demonstrating various solutions, including the construction of the Takasago Hydrogen Park at Takasago Machinery Works.」
Scope 1 and Scope 2 CO2 emissions were reduced by 47% from 2014 levels as of 2022, bringing the Group close to its 2030 target of a 50% reduction. For Scope 3, the Group presented targets of a 30% reduction by 2025 and a 50% reduction by 2030, along with measures such as the Takasago Hydrogen Park. - FY2022RestatedAnnual report
「Under this declaration, the first target is to reduce CO2 emissions from factories and other facilities associated with the Group’s production activities (Scope 1 and Scope 2) by 50% from 2014 levels by 2030 and achieve virtually zero emissions by 2040. The second target is to reduce CO2 emissions across the entire value chain, including the contribution from CCUS to reductions in CO2 emissions from customers’ use of the Group’s products (Scope 3), by 50% from 2019 levels by 2030 and achieve virtually zero emissions by 2040.」
The annual report reaffirmed the targets under the 2040 Carbon Neutral Declaration of reducing Scope 1 and Scope 2 emissions and emissions across the entire value chain by 50% by 2030 and achieving virtually zero emissions by 2040. - FY2022-Q3First statedAnnual report
「The Group established two new targets under its “2040 Carbon Neutral Declaration.” The first is to achieve Net Zero CO2 emissions from the Group’s operations (Scope 1 and Scope 2) by 2040, with an interim target of a 50% reduction by 2030 from fiscal 2014. The second is to achieve Net Zero CO2 emissions across the entire value chain by 2040, with an interim target of a 50% reduction by 2030 from fiscal 2019.」
New carbon neutrality targets announced on 29 October 2021. The Group set targets of Net Zero by 2040 and an interim reduction of 50% by 2030 for its Scope 1 and Scope 2 emissions and emissions across its entire value chain.