Fuji Oil Holdings

In 2023, Fuji Oil Holdings reported total greenhouse gas emissions of approximately 361.6 million kg CO2e. This figure includes 179.7 million kg CO2e from Scope 1 emissions, 181.9 million kg CO2e from Scope 2 emissions, and a significant 2.7 billion kg CO2e from Scope 3 emissions, specifically from purchased goods and services.

Fuji Oil Holdings has set ambitious climate commitments, aiming to reduce its absolute Scope 1 and 2 emissions by 40% by 2030, using 2016 as the baseline year. Additionally, the company targets an 18% reduction in Scope 3 emissions by the same year. These targets are aligned with the Science Based Targets initiative (SBTi) and are classified as consistent with a well-below 2°C warming scenario.

The company has made progress towards these goals, with a commitment to achieve a 42% reduction in Scope 1 and 2 emissions by FY2030 from a FY2020 base year, and a 25% reduction in Scope 3 emissions from purchased goods and services within the same timeframe. Furthermore, Fuji Oil Holdings has pledged to eliminate deforestation linked to its primary commodities by December 31, 2025.

Overall, Fuji Oil Holdings is actively working towards significant emissions reductions and sustainability initiatives, reflecting its commitment to addressing climate change and promoting environmental responsibility.