Hakuhodo Dy Holdings

Hakuhodo Dy Holdings's reported carbon emissions

Hakuhodo DY Holdings, an advertising and marketing services company based in Japan, reported total emissions of approximately 23.8 million kg CO2e in 2024. This figure comprises Scope 1 emissions of about 355,070 kg CO2e, Scope 2 emissions (market-based) of approximately 5.23 million kg CO2e, and Scope 3 emissions totalling around 17.9 million kg CO2e. In 2023, the company's total emissions were approximately 29.8 million kg CO2e, with Scope 3 emissions accounting for roughly 22.3 million kg CO2e and Scope 1 and 2 emissions totalling about 7.49 million kg CO2e. Hakuhodo DY Holdings has set ambitious climate commitments. The company aims for carbon neutrality by fiscal year 2050. As an interim goal, it has committed to a 50% reduction in absolute Scope 1 and Scope 2 greenhouse gas emissions by fiscal year 2030, compared to a fiscal year 2019 baseline. Furthermore, Hakuhodo DY Holdings also commits to a 25% reduction in absolute Scope 3 greenhouse gas emissions from purchased goods and services and business travel by fiscal year 2030, also from a fiscal year 2019 baseline. These targets are aligned with the Science Based Targets initiative (SBTi) for keeping warming to 1.5°C.