2050 Carbon Neutrality and 50% Reduction in CO2 Emissions by 2030
First written in FY2023-Q3. 1 of 2 entries say "Raised", first in FY2023. Latest entry: FY2023.
- FY2023RaisedAnnual report
「Specifically, we changed the base year from fiscal 2013 to fiscal 2019 and added Scope 3 to the target. The target is to reduce CO2 emissions in fiscal 2030, including Scopes 1, 2 and 3, by 50% from fiscal 2019 levels. Initiatives to reduce emissions have also been expanded to the supply chain, and efforts to reduce CO2 are being accelerated from a life-cycle assessment (LCA) perspective, evaluating environmental impact across the entire product life cycle.」
While maintaining the numerical target of a 50% reduction by fiscal 2030, the company has changed the base year to fiscal 2019 and added Scope 3, the entire supply chain and the product life cycle to the scope. - FY2023-Q3First statedAnnual report
「To achieve carbon neutrality by 2050, we are pursuing initiatives aimed at reducing CO2 emissions by 50% from 2019 levels by 2030. In our existing powertrain products business, we will also pursue reductions in CO2 emissions through improvements in manufacturing and the replacement of materials with lower-carbon alternatives. As initiatives for the future, we will promote efforts aimed at carbon neutrality and resource-circulating manufacturing.」
The company has set a goal of achieving carbon neutrality by 2050 and made its first explicit disclosure of the numerical target of reducing CO2 emissions by 50% from 2019 levels by 2030. The measures cited include improving manufacturing, replacing materials with lower-carbon alternatives and pursuing resource-circulating manufacturing.