Fast Retailing Co Sustainability Profile
Fast Retailing Co., Ltd., commonly known as Fast Retailing, is a leading Japanese retail company headquartered in Tokyo, Japan. Founded in 1984, the company has established itself as a major player in the global apparel industry, primarily through its flagship brand, UNIQLO, alongside other brands such as GU and Theory. Fast Retailing operates extensively across Asia, Europe, and North America, offering a diverse range of clothing and accessories that emphasise quality, affordability, and innovative design. The company is renowned for its unique approach to casual wear, particularly its LifeWear concept, which focuses on functional and versatile clothing for everyday life. With a strong market position, Fast Retailing has achieved significant milestones, including rapid international expansion and recognition for its commitment to sustainability and ethical practices in fashion.
DitchCarbon Score
How does Fast Retailing Co's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Industry Average
Mean score of companies in the Retail Trade Services industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Industry Benchmark
Fast Retailing Co's score of 87 is higher than 93% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Fast Retailing Co's reported carbon emissions
In 2024, Fast Retailing Co., Ltd. reported total greenhouse gas emissions of approximately 5,250,804,000 kg CO2e. This includes Scope 1 emissions of about 8,760,000 kg CO2e, Scope 2 emissions of approximately 43,154,000 kg CO2e (market-based), and a significant Scope 3 contribution of about 5,198,891,000 kg CO2e. The Scope 3 emissions breakdown reveals major sources such as purchased goods and services (approximately 3,630,293,000 kg CO2e) and end-of-life treatment of sold products (approximately 759,664,000 kg CO2e). Fast Retailing has set ambitious climate commitments, aiming to reduce absolute Scope 1 and Scope 2 emissions by 90% by FY2030, using FY2019 as the baseline. Additionally, the company plans to cut Scope 3 emissions from purchased goods and services by 30% over the same period. These targets are aligned with the Science Based Targets initiative (SBTi) and reflect a commitment to achieving net zero greenhouse gas emissions by 2050. The company is also focused on renewable energy, committing to 100% sourcing of renewable electricity by FY2030. Fast Retailing's proactive approach to climate action underscores its dedication to sustainability within the retail sector, particularly in Japan, where it is headquartered.
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| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|
| Scope 1 | 12,295,000 | 00,000,000 | 00,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 2 | 298,566,000 | 000,000,000 | 000,000,000 | 000,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | 5,730,400,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
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Fast Retailing Co's Scope 3 Categories Breakdown
Fast Retailing Co's Scope 3 emissions, which decreased by 4% last year and decreased by approximately 9% since 2019, demonstrating supply chain emissions tracking. Nearly all of their carbon footprint comes from suppliers and value chain emissions, representing nearly all emissions under the GHG Protocol, with "Purchased Goods and Services" being the largest emissions source at 70% of Scope 3 emissions.
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Fast Retailing Co's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Fast Retailing Co has established climate goals through participation in recognized frameworks and target-setting initiatives. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
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Frequently Asked Questions
Common questions about Fast Retailing Co's sustainability data and climate commitments