Osaki Electric Co., Ltd.

Osaki Electric Co., Ltd., a Japanese electrical machinery and apparatus manufacturer, reported total global emissions of approximately 292.3 million kg CO2e in 2024. This figure includes about 3.5 million kg CO2e from Scope 1, approximately 3.6 million kg CO2e from Scope 2, and around 288.7 million kg CO2e from Scope 3. In the preceding year, 2023, their total global emissions were approximately 265.8 million kg CO2e, with Scope 1 emissions at about 3.5 million kg CO2e, Scope 2 at approximately 3.7 million kg CO2e, and Scope 3 at around 249 million kg CO2e.

Osaki Electric Co., Ltd. has set near-term Science Based Targets initiative (SBTi) aligned targets. They are committed to reducing absolute Scope 1 and 2 greenhouse gas emissions by 42% by FY2030, from a FY2023 base year. Additionally, the company aims to reduce absolute Scope 3 greenhouse gas emissions from purchased goods and services and the use of sold products by 25% within the same timeframe. These targets cover their company operations and are consistent with reductions required to keep global warming to 1.5°C.