Osaki Electric Co., Ltd.

Osaki Electric Co., Ltd. Carbon Emissions and Climate Commitments

Osaki Electric Co., Ltd., a Japanese company operating in the electrical machinery and apparatus sector, has established ambitious near-term climate targets aligned with a 1.5°C pathway.

Emissions Data:

In 2024, Osaki Electric reported total greenhouse gas emissions of approximately 1.04 billion kg CO2e. This figure is comprised of:

• Scope 1 emissions: Approximately 3.53 million kg CO2e, primarily from fugitive emissions.
• Scope 2 emissions: Approximately 3.59 million kg CO2e.
• Scope 3 emissions: Approximately 288.72 million kg CO2e.

The previous year, 2023, saw total emissions of approximately 1.28 billion kg CO2e, with:

• Scope 1 emissions: Approximately 3.55 million kg CO2e, with fugitive emissions being the largest contributor.
• Scope 2 emissions: Approximately 3.73 million kg CO2e.
• Scope 3 emissions: Approximately 248.97 million kg CO2e.

Climate Commitments and Reduction Targets:

Osaki Electric has committed to significant greenhouse gas emission reductions through the Science Based Targets initiative (SBTi). Their near-term targets, set against a FY2023 baseline year, include:

• A 42% reduction in absolute Scope 1 and Scope 2 greenhouse gas emissions by FY2030.
• A 25% reduction in absolute Scope 3 greenhouse gas emissions from purchased goods and services and the use of sold products by FY2030.

These targets are classified as being consistent with reductions required to keep global warming to 1.5°C. The company's reported emissions data covers Scope 1, 2, and 3.