Fuji Oil Holdings

Fuji Oil Holdings, a Japanese vegetable oils and fats company, reported global Scope 1 emissions of 179,678,000 kg CO2e and Scope 2 emissions of 181,943,000 kg CO2e in 2023. Additionally, their Scope 3 emissions from purchased goods and services were 2,656,779,000 kg CO2e for the same year. In 2022, their global Scope 1 emissions were 196,187,000 kg CO2e and Scope 2 emissions were 182,414,000 kg CO2e, with Scope 3 purchased goods and services at 2,721,949,000 kg CO2e.

Fuji Oil Holdings has set near-term Science Based Targets initiative (SBTi) approved targets. They commit to reducing absolute Scope 1 and 2 GHG emissions by 42.0% by FY2030 from a FY2020 base year. Furthermore, they aim to reduce absolute Scope 3 GHG emissions from purchased goods and services by 25.0% within the same timeframe, and absolute Scope 3 FLAG GHG emissions by 30.3% by FY2030 from a FY2020 base year. Fuji Oil Holdings also commits to no deforestation across its primary deforestation-linked commodities by December 31, 2025. Their SBTi targets are consistent with reductions required to keep warming to 1.5°C. The company also has a long-term target to achieve net-zero Scope 1, 2, and 3 emissions by FY22050, using FY2020 as a base year, with a targeted 42% reduction in Scope 1 and 2 emissions and a 25% reduction in Scope 3 (Category 1) emissions by that time.