Mitsubishi

Mitsubishi's reported carbon emissions

Mitsubishi Corporation, headquartered in Japan and operating within the Chemicals nec industry, has set ambitious targets to address its climate impact. For the fiscal year 2025, the company reported a total of approximately 23.7 billion kg CO2e across Scopes 1, 2, and 3. This includes Scope 1 emissions of approximately 479 million kg CO2e and Scope 2 emissions of about 73 million kg CO2e. Significant Scope 3 emissions were also recorded, with approximately 10.5 billion kg CO2e from purchased goods and services, 15.7 billion kg CO2e from the use of sold products, and 7.02 billion kg CO2e from the processing of sold products. Looking at the fiscal year 2024, Mitsubishi Corporation's total emissions were approximately 43.5 billion kg CO2e. Scope 1 emissions were around 580 million kg CO2e, and Scope 2 emissions were approximately 86 million kg CO2e. Scope 3 emissions for this period included about 11.6 billion kg CO2e from purchased goods and services, 22.9 billion kg CO2e from the use of sold products, and 10.1 billion kg CO2e from the processing of sold products. Mitsubishi Corporation is committed to achieving net-zero greenhouse gas (GHG) emissions by 2050. As a near-term target, the company aims to halve its GHG emissions by fiscal year 2030, using fiscal year 2020 as a baseline. This target applies to Scope 1 and Scope 2 emissions on a consolidated basis, calculated using the equity share method for affiliates. Furthermore, Mitsubishi Corporation is working towards a 100% non-fossil power generation portfolio by 2050. For Scope 1 and Scope 2 emissions, a specific target is to reduce them by 50% by FY2030 compared to FY2020 levels. An initiative by BMA aims to reduce electricity Scope 2 emissions by approximately 50% by 2025. Mitsubishi Corporation also has a target to reduce its emissions per total assets by 25% by 2030, compared to year-ended March 2017 levels on a consolidated basis, covering both Scope 1 and Scope 2 emissions.