Nankai Electric Railway Co

Nankai Electric Railway Co's reported carbon emissions

Nankai Electric Railway Co. is committed to reducing its carbon footprint and has set ambitious targets to achieve this goal. For the fiscal year 2025, the company reported approximately 88.27 million kg CO2e for Scope 1 emissions and about 136.64 million kg CO2e for Scope 2 emissions. Scope 3 emissions were substantial, with purchased goods and services accounting for approximately 500.27 million kg CO2e, and downstream leased assets contributing around 114.10 million kg CO2e. Looking at previous years, Nankai Electric Railway Co. reported total emissions of approximately 772.37 million kg CO2e in fiscal year 2024 (Scope 3 included), with Scope 1 at roughly 85.52 million kg CO2e and Scope 2 at about 126.65 million kg CO2e. In fiscal year 2023, Scope 1 emissions were approximately 84.66 million kg CO2e, Scope 2 emissions were about 107.61 million kg CO2e, and Scope 3 emissions were approximately 467.88 million kg CO2e from purchased goods and services. Nankai Electric Railway Co. has a clear climate strategy, aiming for a reduction of at least 46% in CO2 emissions by fiscal year 2030, compared to fiscal year 2013 levels. This target encompasses all scopes of emissions. The company also has specific targets for direct business activities (Scope 1 and 2), aiming for a 55% reduction by FY2025 and a 70% reduction by FY2030, both from a 2013 baseline. These commitments align with broader industry efforts to mitigate climate change and transition towards a more sustainable operational model within the electrical machinery and apparatus sector.