Mitsubishi Logistics

Mitsubishi Logistics's reported carbon emissions

Mitsubishi Logistics, headquartered in Japan and operating within the Other business services industry, has reported its greenhouse gas emissions for the fiscal years 2021-2024. For the most recent reporting year, 2024, the company recorded total emissions of approximately 1.11 billion kg CO2e. This comprises 15.37 million kg CO2e from Scope 1 emissions, 47.39 million kg CO2e from Scope 2 emissions, and approximately 1.05 billion kg CO2e from Scope 3 emissions. Within Scope 3, upstream transportation and distribution were the largest contributors, accounting for about 696.85 million kg CO2e. In 2023, total emissions were approximately 1.10 billion kg CO2e, with Scope 1 at 15.01 million kg CO2e, Scope 2 at 54.86 million kg CO2e, and Scope 3 at approximately 1.03 billion kg CO2e. The company has set ambitious climate commitments, including a long-term goal to achieve carbon neutrality by 2050 for both Scope 1 and Scope 2 emissions. Furthermore, Mitsubishi Logistics has committed to the Science Based Targets initiative (SBTi), pledging to reduce absolute Scope 1 and 2 greenhouse gas (GHG) emissions by 42% by fiscal year 2030, using FY2022 as the base year. Additionally, they commit to reducing absolute Scope 3 GHG emissions by 25% within the same timeframe. These SBTi targets are aligned with keeping global warming to 1.5°C.