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Tokai Tokyo Financial Holdings (8616) · TargetAdvanced

CO2 Emissions Reduction and Support for the GX League Basic Concept

First written in FY2023-Q2. 1 of 3 entries say "Restated". Latest entry: FY2026.

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ProgressHeldSoftenedWorseFirst statedFY2023-Q2 – FY2023-Q32022: 120222023: 120232024: 020242025: 020252026: 12026
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GHG emissions (Scopes 1–3): calculation, emissions-reduction target-setting and renewable energy procurementA theme 1076 companies write about · 9 as a headwind · 1131 as a tailwind
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  1. FY2026AdvancedAnnual report

    「Our group supports the Paris Agreement and the Japanese government's “2050 Carbon Neutrality Declaration” and has set a target of achieving net-zero greenhouse gas emissions from its own operations (Scope 1 and Scope 2) in fiscal 2030. As an interim target, we aim to halve emissions from fiscal 2021 levels by March 2027 and regularly disclose progress as a medium-term management plan KPI.」

    While continuing its decarbonization targets, the company disclosed that Scope 1 and 2 emissions declined from 2,947t-CO2 in fiscal 2021 to 1,704t-CO2 in fiscal 2024. It also disclosed progress toward achieving net-zero emissions in fiscal 2030 and halving emissions from fiscal 2021 levels by March 2027.
  2. FY2023-Q3RestatedAnnual report

    「✓ Achieve net-zero greenhouse gas emissions from our own operations (Scope 1 and Scope 2) by 2030 ✓ Set the interim target of halving greenhouse gas emissions from our own operations (Scope 1 and Scope 2) from fiscal 2021 levels by March 2027, and disclose progress as a medium-term management plan KPI」

    The targets of achieving net-zero CO2 emissions by 2030 and halving emissions from fiscal 2021 levels by March 2027 were reaffirmed as the net-zero declaration and medium-term management plan KPI.
  3. FY2023-Q2First statedAnnual report

    「In addition to setting the target of halving CO2 emissions by March 2027 from fiscal 2021 levels as a KPI in the medium-term management plan, we set a target of achieving net zero by 2030. As this approach is consistent with the objectives of the GX League Basic Concept, we decided to support the GX League Basic Concept published by the Ministry of Economy, Trade and Industry.」

    For decarbonization, we first stated numerical and time-bound targets as medium-term management plan KPIs: halve CO2 emissions from fiscal 2021 levels by March 2027 and achieve net zero by 2030. We also announced our support for the GX League Basic Concept.
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Tokai Tokyo Financial Holdings's next results are scheduled for 2026-10-30. Read the earnings preview
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