Minebeamitsumi

MinebeaMitsumi Inc., a Japanese company in the Electricity nec industry, has reported its carbon emissions and climate commitments.

In 2024, MinebeaMitsumi reported total Scope 1, 2, and 3 emissions of approximately 35.2 billion kg CO2e. This included Scope 1 emissions of about 108.8 million kg CO2e, Scope 2 emissions of around 752.7 million kg CO2e, and Scope 3 emissions of approximately 34.36 billion kg CO2e. Key categories within Scope 3 included approximately 28.937 billion kg CO2e from the use of sold products and about 4.127 billion kg CO2e from purchased goods and services.

Looking ahead, the company has set several ambitious reduction targets. MinebeaMitsumi aims to achieve carbon neutrality by 2050. They have committed to reducing absolute Scope 1 and 2 GHG emissions by 42% by the fiscal year 2030, using a fiscal year 2022 base year. This target covers greenhouse gas emissions from company operations and is consistent with reductions required to keep global warming to 1.5°C, as validated by the Science Based Targets initiative (SBTi). Additionally, the company commits to reducing absolute Scope 3 GHG emissions from the use of sold products by 25% within the same timeframe (FY2030 from a FY2022 base year). A medium-term intensity target is also in place, aiming for a 10% reduction in greenhouse gas emissions per unit sales for Scopes 1 and 2 by the fiscal year ending March 2026, compared to the fiscal year ended March 2020.