Keio Corporation

Keio Corporation, headquartered in Japan and operating in the "Other business services (74)" industry, has set ambitious climate targets, aiming for net-zero CO2 emissions (Scope 1 and 2) by fiscal year 2050. As an intermediate step, the company aims for a 30% reduction in consolidated CO2 emissions by fiscal year 2030, compared to fiscal year 2019 levels. Their railway division has a more specific target of a 46% reduction by fiscal year 2030, relative to fiscal year 2013.

For the reporting year 2024, Keio Corporation reported total emissions of approximately 1,355.5 million kg CO2e. This figure is comprised of Scope 1 emissions amounting to approximately 79.3 million kg CO2e, Scope 2 emissions of approximately 188.4 million kg CO2e, and Scope 3 emissions totalling approximately 988.0 million kg CO2e. Of the Scope 3 emissions, purchased goods and services represent the largest portion, at approximately 698.3 million kg CO2e.

In the preceding year, 2023, the company's total emissions were approximately 1,089.5 million kg CO2e. This included Scope 1 emissions of approximately 88.7 million kg CO2e, Scope 2 emissions of approximately 175.5 million kg CO2e, and Scope 3 emissions of approximately 825.3 million kg CO2e. Purchased goods and services were again the largest contributor to Scope 3 emissions, at approximately 613.2 million kg CO2e.

The company's emissions data for 2022 showed a total of approximately 1,116.6 million kg CO2e, with Scope 1 at approximately 84.2 million kg CO2e, Scope 2 at approximately 210.8 million kg CO2e, and Scope 3 at approximately 821.6 million kg CO2e. Purchased goods and services accounted for approximately 578.3 million kg CO2e within Scope 3.

Keio Corporation's reported data indicates that they are on track to meet their long-term net-zero goal, with their 2024 consolidated performance showing a 17.2% reduction in CO2 emissions compared to fiscal year 2019, and the railway division achieving a 25.4% reduction compared to fiscal year 2013.