Advantest

Advantest's reported carbon emissions

Advantest Corporation, a company within the electrical machinery and apparatus n.e.c. (31) industry with headquarters in Japan, is committed to reducing its greenhouse gas emissions. For fiscal year 2019, Advantest reported total emissions of approximately 1.34 billion kg CO2e, comprising Scope 1 emissions of 4,000,000 kg CO2e and Scope 2 market-based emissions of 29,000,000 kg CO2e. Scope 3 emissions, specifically from purchased goods and services and the use of sold products, contributed approximately 400,000,000 kg CO2e and 855,000,000 kg CO2e respectively. In fiscal year 2018, Advantest reported total emissions of approximately 1.68 billion kg CO2e, with Scope 1 emissions at 5,000,000 kg CO2e and Scope 2 market-based emissions at 33,000,000 kg CO2e. Scope 3 emissions for this period included approximately 490,000,000 kg CO2e from purchased goods and services and 1,175,000,000 kg CO2e from the use of sold products. Advantest has set ambitious climate targets. A near-term goal is to reduce absolute Scope 1 and 2 greenhouse gas (GHG) emissions by 60% by fiscal year 2030, compared to a fiscal year 2018 baseline. They also aim to reduce absolute Scope 3 GHG emissions by 15% within the same timeframe. Furthermore, Advantest has committed to achieving net-zero GHG emissions for Scopes 1 and 2 by fiscal year 2050. Some reports indicate a near-term target to reduce Scope 1+2 GHG emissions by 65% by FY2026 compared to FY2018. The company's targets are recognised by the Science Based Targets initiative (SBTi) as being consistent with limiting warming to 1.5°C for Scopes 1 and 2.