Kawasaki Heavy Industries, Ltd.

Kawasaki Heavy Industries, Ltd.'s reported carbon emissions

Kawasaki Heavy Industries, Ltd., headquartered in Japan and operating in the "Other transport equipment" sector, has outlined significant climate commitments. **Greenhouse Gas Emissions:** * **2023:** Kawasaki Heavy Industries reported total emissions of approximately 38.3 billion kg CO2e. This figure comprised Scope 1 emissions of about 134.9 million kg CO2e, Scope 2 emissions of approximately 281.4 million kg CO2e, and Scope 3 emissions totalling around 37.8 billion kg CO2e. Notably, the use of sold products accounted for the largest portion of Scope 3 emissions. * **2024:** For 2024, the company reported Scope 3 emissions of approximately 32.6 billion kg CO2e and combined Scope 1 and 2 emissions of around 446 million kg CO2e. Data for Scope 1 and Scope 2 specifically were not fully disclosed for this year, with some Scope 3 categories also missing. **Climate Commitments and Targets:** Kawasaki Heavy Industries has made robust commitments aligned with the Science Based Targets initiative (SBTi): * **Net-Zero Target:** The company commits to achieving net-zero greenhouse gas emissions across its entire value chain by fiscal year 2049. * **Long-Term Targets (FY2049):** * A 90% reduction in absolute Scope 1 greenhouse gas (GHG) emissions is targeted from a fiscal year 2022 base year. * Similarly, a 90% reduction in absolute Scope 2 GHG emissions is targeted, also from a fiscal year 2022 base year. * A 90% reduction in absolute Scope 3 GHG emissions is targeted within the same timeframe. * **Near-Term Targets (FY2032):** * A 50.4% reduction in absolute Scope 1 and 2 GHG emissions is committed from a fiscal year 2022 base year. * A 30% reduction in absolute Scope 3 GHG emissions, specifically from the use of sold products, is also targeted by fiscal year 2032. These targets are validated by the SBTi and are consistent with limiting warming to 1.5°C. The company is considered on track for its five-year SBTi targets, indicating progress towards its near-term goals.