2050 Carbon Neutrality and Electrification Roadmap
First written in FY2020. 3 of 11 entries say "Advanced", first in FY2022. Latest entry: FY2026.
Subaru moved to the "Worse" side of this theme in 2026.
0 other companies' latest entry also says "Softened".
- FY2026SoftenedAnnual report
「In light of changes in the business environment, including stronger demand for HEVs and the reevaluation of internal combustion engines (ICEs), we set the interim product target of “aiming for BEVs to account for 50% of all unit sales from 2030 onward.”」
The previous target of BEVs accounting for 50% in 2030 was revised to “from 2030 onward,” pushing back the target achievement date. The focus on BEVs, carbon neutrality in 2050 and a 60% reduction in Scope 1 and 2 emissions from fiscal 2016 levels in fiscal 2035 remain unchanged. - FY2025AdvancedAnnual report
「For fiscal 2023 results against the medium-term product target, electrified vehicles accounted for 7.8% of global unit sales and electric vehicles accounted for 1.5%.」
Under the decarbonization and electrification roadmap, actual results against the 50% BEV target for 2030 were disclosed, with electrified vehicles accounting for 7.8% of sales and BEVs for 1.5% in fiscal 2023. Scope 1 and 2 emissions were reported to have declined 20.9% from fiscal 2016 levels. - FY2024RaisedAnnual report
「In 2023, we raised the interim product target to “aiming for BEVs to account for 50% of all unit sales in 2030” and the medium-term target for factories, offices and other facilities to “a 60% reduction from fiscal 2016 levels in fiscal 2035.”」
The electrification and decarbonization targets were raised to BEVs accounting for 50% in 2030 and a 60% reduction in Scope 1 and 2 emissions from fiscal 2016 levels in fiscal 2035. Fiscal 2022 results, including an electrified vehicle ratio of 5.7% and a 19% reduction in emissions, were also disclosed. - FY2024-Q2RaisedAnnual report
「Regarding the 2030 milestone, the previous plan called for BEVs and hybrid vehicles to account for at least 40% of global sales, but the target was substantially revised upward to achieve an electrification ratio of 50% with BEVs alone.」
The target was raised from electrified vehicles accounting for at least 40% in 2030 to BEVs alone accounting for 50%. The targets of equipping all vehicles with electrification technologies in the first half of the 2030s and reducing Well-to-Wheel CO2 emissions in 2030 remain unchanged. - FY2023AdvancedAnnual report
「In fiscal 2021, electrified vehicles accounted for 4.9% of global unit sales, while Scope 1 and 2 emissions totaled 470,701t-CO2, a 23% reduction from fiscal 2016. Results for fiscal 2022 are scheduled to be disclosed in the integrated report for the current fiscal year and on the Company’s website.」
Actual results under the carbon neutrality and electrification roadmap, including an electrified vehicle sales ratio of 4.9% and a 23% reduction in Scope 1 and 2 emissions, were disclosed. The Company also stated that it had endorsed the TCFD recommendations in April 2023. - FY2022AdvancedAnnual report
「To accelerate the roadmap toward 2050, we are strategically reorganizing our domestic production system with a view to expanding and accelerating the development of electrified vehicles, enabling a flexible response during the transition to BEVs, and improving business viability through highly efficient production. We plan to invest ¥250 billion over the five years from the fiscal year ending March 2024.」
The carbon neutrality and electrification roadmap was translated into a strategic reorganization of the domestic production system and a ¥250 billion investment plan over five years from the fiscal year ending March 2024. - FY2022-Q2RestatedAnnual report
「During the six months ended 30 September, there were no material changes to the content of the management policies, management strategies or other matters described in the securities report for the previous fiscal year.」
The filing states that there were no material changes to the management policies or management strategies, and indicates no changes to the existing sustainability and electrification roadmaps. - FY2021RestatedAnnual report
「For Scope 1 and 2 emissions, we aim to achieve carbon neutrality in fiscal 2050 and, as a milestone, are working to reduce CO2 emissions by 30% in absolute terms from fiscal 2016 levels by fiscal 2030. For Scope 3 emissions from products, we aim to reduce average CO2 emissions from new vehicles on a Well-to-Wheel basis by at least 90% from 2010 levels by 2050. We also aim for EVs and hybrid vehicles to account for at least 40% of global unit sales by 2030 and are working to equip all SUBARU vehicles produced and sold in the first half of the 2030s with electrification technologies.」
The roadmap for carbon neutrality in 2050, CO2 reductions in fiscal 2030, the EV and hybrid vehicle ratio, and electrification technologies in all vehicles in the first half of the 2030s was reiterated without change. - FY2020First statedAnnual report
「For Scope 1 and 2 emissions, we aim to achieve carbon neutrality in fiscal 2050 and, as a milestone, are working to reduce CO2 emissions by 30% in absolute terms from fiscal 2016 levels by fiscal 2030. For Scope 3 emissions from products, we aim to reduce average CO2 emissions from new vehicles on a Well-to-Wheel basis by at least 90% from 2010 levels by 2050. We also aim for EVs and hybrid vehicles to account for at least 40% of global unit sales by 2030 and are working to equip all SUBARU vehicles produced and sold in the first half of the 2030s with electrification technologies.」
Long- and medium-term climate change targets were first identified as an independent theme. The targets are carbon neutrality for Scope 1 and 2 emissions in fiscal 2050, a 30% reduction in CO2 emissions in fiscal 2030, a reduction of at least 90% in Scope 3 product CO2 emissions by 2050, EVs and hybrid vehicles accounting for at least 40% of sales by 2030, and electrification technologies in all vehicles in the first half of the 2030s.