Obayashi

Obayashi, a Japanese construction company, reported total carbon emissions of approximately 5.26 billion kg CO2e (5.26 million metric tonnes CO2e) in 2024. This figure includes Scope 1 emissions of approximately 246.74 million kg CO2e, Scope 2 emissions of about 24.46 million kg CO2e, and Scope 3 emissions of approximately 4.05 billion kg CO2e.

Looking at previous years, Obayashi's total emissions were approximately 4.32 billion kg CO2e in 2023, about 4.52 billion kg CO2e in 2022, and around 3.9 billion kg CO2e in 2021.

Obayashi has set several climate commitments:

• Net-Zero Target: The company aims to achieve net-zero emissions by 2050.
• Long-Term Reduction Targets (Obayashi Sustainability Vision 2050): Obayashi targets an 85% reduction in Scope 1 emissions and an 85% reduction in Scope 2 emissions by fiscal year 2051 (April 1, 2050 - March 31, 2051), compared to a fiscal year 2014 baseline.
• Science Based Targets Initiative (SBTi) Commitments:
  • Near-term (1.5°C aligned): Obayashi Corporation commits to reduce absolute Scope 1 and 2 GHG emissions by 46.2% by fiscal year 2030, using a fiscal year 2019 base year.
  • The company also commits to reduce absolute Scope 3 GHG emissions from purchased goods and services and use of sold products by 27.5% within the same fiscal year 2019 to 2030 timeframe.