Fast Retailing Co

Fast Retailing Co., headquartered in Japan and operating in the Retail trade services sector, has reported its carbon emissions and set ambitious climate commitments.

For the fiscal year 2025, Fast Retailing Co. reported Scope 1 emissions of approximately 9,301,000 kg CO2e. Market-based Scope 2 emissions for the same period were approximately 20,906,000 kg CO2e, while location-based Scope 2 emissions stood at approximately 301,434,000 kg CO2e. Scope 3 emissions in 2025 were detailed across several categories: purchased goods and services accounted for approximately 3,669,604,000 kg CO2e, upstream transportation and distribution for approximately 648,584,000 kg CO2e, and end-of-life treatment of sold products for approximately 677,284,000 kg CO2e. Other Scope 3 categories included employee commute (approximately 52,779,000 kg CO2e), waste generated in operations (approximately 84,948,000 kg CO2e), business travel (approximately 14,340,000 kg CO2e), upstream leased assets (approximately 8,104,000 kg CO2e), franchises (approximately 1,328,000 kg CO2e), and fuel and energy related activities (approximately 5,693,000 kg CO2e).

Looking back, in 2024, Fast Retailing Co. reported Scope 1 emissions of approximately 8,760,000 kg CO2e and market-based Scope 2 emissions of approximately 43,154,000 kg CO2e. Location-based Scope 2 emissions were approximately 297,360,000 kg CO2e. Key Scope 3 categories included purchased goods and services (approximately 3,630,293,000 kg CO2e), end-of-life treatment of sold products (approximately 759,664,000 kg CO2e), and upstream transportation and distribution (approximately 644,578,000 kg CO2e).

The company has established a near-term science-based target, approved by the Science Based Targets initiative (SBTi), to reduce absolute Scope 1 and 2 greenhouse gas emissions by 90% by fiscal year 2030, using fiscal year 2019 as a base year. Additionally, Fast Retailing Co. aims to achieve 100% sourcing of renewable electricity by fiscal year 2030. For Scope 3 emissions, the company has committed to reducing absolute emissions from purchased goods and services by 30% by fiscal year 2030, also from a fiscal year 2019 base year. These targets are consistent with reductions required to limit global warming to 1.5°C. Fast Retailing Co. is also working towards achieving net-zero greenhouse gas emissions by 2050.