Sekisui House

Sekisui House's reported carbon emissions

Sekisui House, Ltd., a Japanese construction company, reported a total of approximately 11.2 billion kg CO2e in emissions for the fiscal year ending March 2024. This figure encompasses Scope 1, Scope 2, and Scope 3 emissions. Breaking down the emissions for the fiscal year ending March 2024: * **Scope 1:** Approximately 42.9 million kg CO2e. * **Scope 2:** Approximately 19.9 million kg CO2e. * **Scope 3:** Approximately 11.1 billion kg CO2e. The largest contributors within Scope 3 include the "use of sold products" (approximately 8.16 billion kg CO2e) and "purchased goods and services" (approximately 2.42 billion kg CO2e). Sekisui House has established several climate commitments and reduction targets: * **Vision 2050:** A long-term goal to achieve zero CO2 emissions from housing by 2050. * **Science Based Targets initiative (SBTi) Approval:** * A commitment to reduce absolute Scope 1 and Scope 2 greenhouse gas (GHG) emissions by 75% by Fiscal Year 2030, compared to FY2013 levels. * A commitment to reduce absolute Scope 3 emissions from the use of sold products by 55% by Fiscal Year 2030, relative to FY2013. * Additionally, Sekisui House commits to reach net-zero GHG emissions across its value chain by FY2050, with a target to reduce absolute Scope 1 and 2 emissions by 90% and absolute Scope 3 emissions by 90% by FY2050, both from a FY2023 base year. * Recent targets also include reducing absolute Scope 1 and 2 GHG emissions by 42% by FY2030 from a FY2023 base year, and reducing absolute Scope 3 GHG emissions from the use of sold products by 27% within the same timeframe. * **RE100 Membership:** As a member of RE100, Sekisui House aims to transition to renewable electricity sources for its business operations, with targets of 50% by 2030 and 100% by 2040. The company has also demonstrated progress in reducing emissions, with a target for a 75% reduction in Scope 1 and 2 emissions by 2030 compared to FY2013 levels. The Science Based Targets initiative has approved these targets, indicating alignment with a 1.5°C trajectory.