Fast Retailing Co

Fast Retailing Co. (JP), operating within the retail trade services sector, has established ambitious climate commitments, including a long-term goal of achieving net-zero greenhouse gas (GHG) emissions by 2050.

For the fiscal year 2025, the company reported total GHG emissions of approximately 4,410,222,000 kg CO2e. This figure is composed of Scope 1 emissions amounting to approximately 9,301,000 kg CO2e, Scope 2 emissions (market-based) totalling approximately 20,906,000 kg CO2e, and Scope 3 emissions reaching approximately 4,379,915,000 kg CO2e.

In line with their sustainability strategy, Fast Retailing has set near-term targets. By the fiscal year ending August 2030, they aim to reduce absolute GHG emissions from their own operations, such as stores and main offices, by 90% compared to their fiscal year 2019 levels. Furthermore, they are committed to reducing absolute GHG emissions from the production of raw materials, fabric, and garments by 20% over the same timeframe. These targets have been approved by the Science Based Targets initiative (SBTi) and align with the emission reduction levels required to achieve the goals of the Paris Agreement. The company also aims for 100% renewable electricity sourcing by FY2030.

Emissions data for previous years are also available. In FY2024, total emissions were approximately 4,376,941,000 kg CO2e, with Scope 1 at approximately 8,760,000 kg CO2e, Scope 2 (market-based) at approximately 43,154,000 kg CO2e, and Scope 3 at approximately 4,325,027,000 kg CO2e. For FY2023, total emissions were approximately 4,131,948,000 kg CO2e, comprising Scope 1 of approximately 9,558,000 kg CO2e, Scope 2 (market-based) of approximately 85,502,000 kg CO2e, and Scope 3 of approximately 4,036,888,000 kg CO2e. In FY2022, the total emissions were approximately 4,097,560,000 kg CO2e, with Scope 1 at approximately 9,738,000 kg CO2e, Scope 2 (market-based) at approximately 159,047,000 kg CO2e, and Scope 3 at approximately 3,928,775,000 kg CO2e. In FY2021, Scope 1 and 2 emissions totalled approximately 250,000,000 kg CO2e, with Scope 3 emissions at approximately 3,800,000,000 kg CO2e. For FY2020, Scope 1 and 2 emissions were approximately 300,000,000 kg CO2e, and Scope 3 emissions were approximately 4,000,000,000 kg CO2e. In FY2019, Scope 1 emissions were approximately 12,295,000 kg CO2e, Scope 2 (market-based) were approximately 298,566,000 kg CO2e, and Scope 3 emissions were approximately 5,561,682,000 kg CO2e. In FY2016, total emissions were approximately 3,371,932,000 kg CO2e.