Sojitz

Sojitz Corporation, headquartered in Japan and operating within the Wholesale Trade Agents and Brokers industry, has reported significant climate commitments and emissions data.

For the fiscal year ending March 31, 2025 (reporting year 2025), Sojitz reported total global emissions of approximately 7.53 billion kg CO2e. This figure comprises Scope 1 emissions totalling about 580.9 million kg CO2e and Scope 2 emissions amounting to roughly 195.7 million kg CO2e (market-based). Scope 3 emissions for this period were substantial, including approximately 17.48 billion kg CO2e from investments and 16.98 billion kg CO2e from the use of sold products.

In the previous fiscal year, ending March 31, 2024 (reporting year 2024), global emissions reached approximately 20.46 billion kg CO2e. This included Scope 1 emissions of about 532.2 million kg CO2e and Scope 2 emissions of approximately 190.2 million kg CO2e. Scope 3 emissions were reported at about 19.68 billion kg CO2e.

Looking further back, in the fiscal year ending March 31, 2023 (reporting year 2024 for reporting purposes), global emissions totalled approximately 21.57 billion kg CO2e, with Scope 1 at about 577.5 million kg CO2e and Scope 2 at roughly 204.5 million kg CO2e. Scope 3 emissions were about 20.79 billion kg CO2e.

Sojitz has established several key reduction targets. The company aims for net zero emissions by 2050. As a near-term goal, Sojitz is committed to reducing its total Scope 1 and Scope 2 emissions by 60% compared to the levels recorded for the year ended March 31, 2020, by 2030. Furthermore, Sojitz has a target to reduce its thermal coal assets to zero by 2030, with a long-term goal of achieving this by 2050. New businesses initiated from 2023 onwards are intended to be oriented towards achieving overall net zero emissions by 2050.

The emissions data and reduction targets are reported for Sojitz Corporation itself and are not cascaded from a parent organisation.