Oriental Land Co

Oriental Land Co., a Japanese company in the Recreational, Cultural and Sporting Services industry, reported its Scope 1, 2, and 3 carbon emissions for 2024. Its total emissions were approximately 2,686,746,000 kg CO2e. This included Scope 1 emissions of 63,988,000 kg CO2e, Scope 2 emissions of 89,415,000 kg CO2e, and Scope 3 emissions of 2,533,343,000 kg CO2e.

Looking at previous years, in 2023, the company's Scope 1 emissions were 71,424,000 kg CO2e, Scope 2 were 91,201,000 kg CO2e, and Scope 3 were 810,893,000 kg CO2e. In 2022, Scope 1 emissions were 74,866,000 kg CO2e, Scope 2 were 98,761,000 kg CO2e, and Scope 3 were 792,234,000 kg CO2e. In 2021 and 2020, only Scope 1 and 2 emissions were disclosed, totalling 146,000,000 kg CO2e and 135,000,000 kg CO2e respectively. In 2019, Scope 1 and 2 emissions totalled 173,000,000 kg CO2e, and in 2018 and 2017, these figures were 184,000,000 kg CO2e and 183,000,000 kg CO2e, respectively.

Oriental Land Co. has set ambitious climate commitments. It aims to achieve net-zero greenhouse gas emissions across its entire value chain by FY2050. This long-term target is supported by near-term Science Based Targets (SBTi). The company commits to reduce absolute Scope 1 and 2 GHG emissions by 42.0% by FY2030 from a FY2024 base year. Additionally, it plans to reduce absolute Scope 3 GHG emissions from purchased goods and services and capital goods by 25.0% within the same timeframe. For its long-term goals, Oriental Land commits to reducing absolute Scope 1, 2, and 3 GHG emissions by 90.0% by FY2050 from a FY2024 base year. These targets are consistent with reductions required to keep warming to 1.5°C.