Kawasaki Heavy Industries, Ltd.

Kawasaki Heavy Industries, Ltd., headquartered in Japan and operating in the other transport equipment industry, has set ambitious climate commitments.

In terms of emissions, for 2023, Kawasaki Heavy Industries, Ltd. reported Scope 1 emissions of approximately 134,912,000 kg CO2e, Scope 2 emissions (market-based) of about 281,401,000 kg CO2e, and Scope 3 emissions of approximately 37,829,413,000 kg CO2e. The total emissions for 2023 sum to approximately 38,245,726,000 kg CO2e. Key categories for Scope 3 emissions include use of sold products (approximately 32,650,318,000 kg CO2e) and purchased goods and services (approximately 3,829,334,000 kg CO2e).

Looking back, in 2020, the company reported Scope 1 emissions of approximately 139,502,000 kg CO2e, Scope 2 emissions (market-based) of about 255,039,000 kg CO2e, and Scope 3 emissions of approximately 123,615,696,000 kg CO2e. The total emissions for 2020 sum to approximately 124,010,237,000 kg CO2e.

Kawasaki Heavy Industries, Ltd. has set Science Based Targets initiative (SBTi) approved targets, affirming its commitment to climate action. The company commits to reach net-zero greenhouse gas emissions across the value chain by FY2049.

Near-term targets include:

• Reducing absolute Scope 1 and 2 GHG emissions by 50.4% by FY2032 from a FY2022 base year.
• Reducing absolute Scope 3 GHG emissions from the use of sold products by 30% within the same timeframe.

Long-term targets include:

• Reducing absolute Scope 1 and 2 GHG emissions by 90% by FY2049 from a FY2022 base year.
• Reducing absolute Scope 3 GHG emissions by 90% within the same timeframe.

These targets are consistent with reductions required to keep global warming to 1.5°C.