Oji

Oji, a Japanese company in the Paper and paper products industry, reported its carbon emissions for 2024 as follows:

• Scope 1 emissions: approximately 5.791 billion kg CO2e
• Scope 2 emissions: approximately 1.117 billion kg CO2e
• Scope 3 emissions (Purchased goods and services): approximately 3.647 billion kg CO2e

Oji is committed to achieving net-zero carbon by fiscal year 2050. As an interim target, the company aims to reduce its Scope 1 and Scope 2 GHG emissions by at least 70% by fiscal year 2030, compared to a fiscal year 2018 baseline. This reduction includes a strategy to shut down all coal-only-fired boilers in Japan by fiscal year 2030, which is projected to reduce GHG emissions by about 1,000,000,000 kg CO2e. The company also has a long-term goal to reduce Category 4 emissions from chip transport vessels by 40% by fiscal year 2040, compared to fiscal year 2018. Additionally, Oji targets a 50% reduction in Scope 1 and 2 GHG emissions by fiscal year 2040 from fiscal year 2018 levels, intending to absorb and sequester an equivalent amount of carbon through its forests annually by the same year.