Nikon

Nikon, headquartered in Japan, reported approximately 1.07 billion kg CO2e in total emissions for fiscal year 2024. This figure encompasses Scope 1, Scope 2, and Scope 3 emissions, with Scope 3 emissions accounting for the largest portion at approximately 991.8 million kg CO2e, primarily driven by purchased goods and services.

The company has set ambitious climate targets. Nikon is committed to achieving carbon neutrality by the fiscal year ending March 2051. In line with this, they aim to reduce greenhouse gas (GHG) emissions across the value chain by 90% by FY2050 from a FY2022 base year. Near-term targets include reducing absolute Scope 1 and 2 GHG emissions by 57% by FY2030 from a FY2022 base year. Furthermore, Nikon has committed to reducing absolute Scope 3 GHG emissions by 25% by FY2030, also from a FY2022 base year. These targets are aligned with the Science Based Targets initiative (SBTi) and contribute to keeping global warming to 1.5°C.

Nikon has demonstrated progress towards its goals. By fiscal year 2024, Scope 1 and 2 emissions reduction reached approximately 56.01% against their FY2030 target. To achieve their Scope 3 targets, Nikon is focusing on reducing product components, engaging with suppliers, and enhancing product energy efficiency. The company is also actively introducing energy-saving production equipment and buildings, promoting in-house energy-saving measures, improving business efficiency, and increasing the use of renewable energy, aiming for 100% renewable energy utilisation by FY2030. They have already achieved a 71% utilisation ratio for renewable energy.