Komatsu

Komatsu, headquartered in Japan and operating in the machinery and equipment sector, has set ambitious climate commitments. For the reporting year 2024, the company reported total global emissions of approximately 28.89 billion kg CO2e. This includes Scope 1 emissions of approximately 80 million kg CO2e, Scope 2 emissions of approximately 250 million kg CO2e, and substantial Scope 3 emissions totalling around 28.51 billion kg CO2e.

Komatsu has declared its goal of achieving carbon neutrality by 2050 across all scopes. This long-term commitment is supported by several near-term targets. Notably, the company aims for a 45% reduction in emissions by 2024 compared to a 2010 baseline, and a 50% reduction by 2030 from the same baseline. Furthermore, Komatsu is committed to reducing Scope 3 emissions from the use of sold products by 50% by FY2030, relative to FY2010.

The company's Science Based Targets initiative (SBTi) commitments include reducing absolute Scope 1 and 2 greenhouse gas emissions by 30% by 2030 from a 2019 base year. Additionally, Komatsu has committed to reducing absolute Scope 3 GHG emissions from the use of sold products by 15% within the same timeframe. More recently, for the FY2034 target, Komatsu aims for a 59% reduction in absolute Scope 1 and 2 GHG emissions from an FY2022 base year, and a 35% reduction in absolute Scope 3 GHG emissions from fuel- and energy-related activities and the use of sold products. These targets are validated to be consistent with limiting global warming to 1.5°C for Scope 1 and 2 emissions.