Oji

Oji, a Japanese paper and paper products company, reported total carbon emissions of approximately 12.997 billion kg CO2e in 2024. This figure comprises 5.791 billion kg CO2e in Scope 1 emissions, 1.117 billion kg CO2e in Scope 2 emissions, and 6.089 billion kg CO2e in Scope 3 emissions.

The company is committed to achieving net-zero carbon by fiscal year 2050. As a key milestone, Oji aims to reduce its Scope 1 and 2 GHG emissions by at least 70% by 2030, compared to a 2018 base year. A significant initiative towards this goal involves an investment of approximately ¥100 billion to shut down all coal-only-fired boilers in Japan by fiscal year 2030, projected to reduce GHG emissions by about 1 billion kg CO2e (1,000 kt-CO2e). Oji also aims to absorb and sequester an equivalent of 50% of its fiscal year 2018 GHG emissions through its forests annually by fiscal year 2040 and to reduce Category 4 emissions from chip transport vessels by 40% by 2040, compared to fiscal year 2018.