Fast Retailing Co
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 80 is higher than 89% 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., headquartered in Japan, reported total greenhouse gas emissions of approximately 5,250,804,000 kg CO2e. This figure 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 around 5,198,891,000 kg CO2e. The Scope 3 emissions encompass various categories, with purchased goods and services accounting for about 3,630,293,000 kg CO2e. Fast Retailing has set ambitious climate commitments, aiming to reduce its absolute Scope 1 and 2 emissions by 90% by FY2030, using FY2019 as the baseline. Additionally, the company targets a 20% reduction in Scope 3 emissions from purchased goods and services over the same timeframe. To support these goals, Fast Retailing is committed to achieving 100% renewable electricity sourcing by FY2030. The company is also on track to meet its long-term goal of net zero greenhouse gas emissions by 2050. This includes a 90% reduction in emissions from its stores and main offices and a 20% reduction in emissions from the manufacturing of raw materials, fabric, and garments for its UNIQLO and GU products by FY2030. Fast Retailing's targets are aligned with the Science Based Targets initiative (SBTi), ensuring that their emissions reduction strategies are consistent with the global aim of limiting temperature rise to 1.5°C.
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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 |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Fast Retailing Co is participating in some of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.
