Sojitz

Sojitz, a Japanese "Other Miscellaneous Durable Goods Merchant Wholesalers" company, reported its Scope 1, 2, and 3 carbon emissions for 2025, 2024, and 2023.

In 2025, Sojitz's reported:

• Scope 1 emissions: 550,000,000 kg CO2e
• Scope 2 emissions (market-based): 257,000,000 kg CO2e
• Scope 3 emissions: 62,080,000,000 kg CO2e. This includes about 26.3 billion kg CO2e from the use of sold products, approximately 20.4 billion kg CO2e from purchased goods and services, and around 8.6 billion kg CO2e from upstream transportation and distribution.

For 2024, the company's reported emissions were:

• Scope 1 emissions: 581,000,000 kg CO2e
• Scope 2 emissions (market-based): 196,000,000 kg CO2e
• Scope 3 emissions: 38,629,005,000 kg CO2e. Key contributors were about 19.6 billion kg CO2e from purchased goods and services and approximately 17 billion kg CO2e from the use of sold products.

In 2023, Sojitz's reported emissions were:

• Scope 1 emissions: 577,000,000 kg CO2e
• Scope 2 emissions (market-based): 204,000,000 kg CO2e
• Scope 3 emissions: 20,794,000,000 kg CO2e, specifically from purchased goods and services.

Looking back, in 2020, Sojitz reported Scope 1 emissions of 705,807,000 kg CO2e and Scope 2 emissions of 206,283,000 kg CO2e.

Sojitz has set several climate commitments:

• Near-term Scope 1 & 2 Reduction: Sojitz aims to reduce its total Scope 1 and Scope 2 emissions by 60% by 2030, using the fiscal year ended March 31, 2020, as the baseline.
• Thermal Coal Asset Reduction: The company targets a 100% reduction in thermal coal assets to zero by 2030, with 2018 as the benchmark year. This also applies to Scope 1 and Scope 2 emissions related to thermal coal.
• Long-term Net Zero: Sojitz aims to achieve net zero emissions across Scope 1, Scope 2, and Scope 3 by 2050. This includes reducing oil interests to zero by 2030 and coking coal interests to zero by 2050.
• Scope 3 Targets (Thermal Coal Interests): With a 2018 base year, Sojitz aims for a 100% reduction in Scope 3 emissions related to thermal coal interests by 2030. They have already achieved their interim goal of reducing these interests by half or more by 2025 ahead of schedule.

Sojitz's climate commitments indicate a focus on both operational emissions and broader value chain impacts, particularly concerning fossil fuel assets.