Orix

Orix's reported carbon emissions

Orix Corporation, headquartered in Japan, has outlined ambitious climate commitments, including a long-term goal to achieve net-zero greenhouse gas (GHG) emissions by the fiscal year ending March 31, 2050. This aligns with their commitment to net-zero GHG (CO2) emissions, with multiple reports confirming this target. In addition to their net-zero aspiration, Orix has set near-term reduction targets. They aim to reduce their GHG (CO2) emissions by 50% compared to the fiscal year ended March 2020, by the end of the fiscal year ending March 2030. This target applies to Scope 1, Scope 2, and overall emissions. For the fiscal year 2025, Orix reported total emissions of approximately 1,097,005,000 kg CO2e. This includes Scope 1 emissions of approximately 942,714,000 kg CO2e and Scope 2 emissions of approximately 121,591,000 kg CO2e. Scope 3 emissions for business travel were approximately 50,000,000 kg CO2e, and for employee commute were approximately 5,000,000 kg CO2e. In fiscal year 2024, total emissions were approximately 1,131,757,000 kg CO2e, comprising Scope 1 emissions of approximately 991,233,000 kg CO2e and Scope 2 emissions of approximately 137,525,000 kg CO2e. Scope 3 emissions for business travel were approximately 49,000,000 kg CO2e, and for employee commute were approximately 5,000,000 kg CO2e. For fiscal year 2023, total emissions were approximately 1,111,285,000 kg CO2e, with Scope 1 emissions at approximately 981,519,000 kg CO2e and Scope 2 emissions at approximately 139,766,000 kg CO2e. Scope 3 emissions for business travel were approximately 39,000,000 kg CO2e, and for employee commute were approximately 4,000,000 kg CO2e. Orix also has a commitment to achieve a zero investment and credit balance in GHG-emitting industries by the fiscal year ending March 31, 2040. It is important to note that for some reporting years, Scope 3 data beyond business travel and employee commute is marked as missing, specifically "scope_3/purchased_goods_and_services."