Oji

Oji, a Japanese company operating in the Paper and paper products industry, is committed to reducing its carbon emissions. For the reporting year 2024, Oji reported total Scope 1 and 2 emissions of approximately 6.9 billion kg CO2e, with Scope 1 emissions at approximately 5.79 billion kg CO2e and Scope 2 emissions at approximately 1.12 billion kg CO2e. Scope 3 emissions for purchased goods and services were approximately 3.65 billion kg CO2e.

The company has set ambitious climate targets. Oji aims for net-zero carbon emissions by FY2050. As a near-term goal, the company is targeting a reduction of at least 70% in GHG emissions by FY2030, compared to FY2018 levels for Scope 1 and Scope 2 emissions. Furthermore, Oji plans to invest approximately ¥100 billion to shut down all coal-only-fired boilers in Japan by FY2030, which is expected to reduce GHG emissions by about 1,000 kilotonnes of CO2e. They are also working towards absorbing and sequestering the equivalent of 50% of FY2018 GHG emissions through their forests annually by FY2040, and reducing Category 4 emissions from chip transport vessels by 40% compared to FY2018.