Sojitz

Sojitz's reported carbon emissions

Sojitz Corporation, headquartered in Japan, has established significant climate commitments and is actively reporting its carbon emissions. For the fiscal year ending March 31, 2025 (FY2024), Sojitz reported total Scope 1, 2, and 3 emissions of approximately 20.9 billion kg CO2e. This includes Scope 1 emissions of about 532.2 million kg CO2e, Scope 2 emissions of approximately 204.5 million kg CO2e (market-based), and Scope 3 emissions totalling around 20.2 billion kg CO2e. In the preceding fiscal year, ending March 31, 2024 (FY2023), Sojitz's total emissions were approximately 21.6 billion kg CO2e, comprising Scope 1 emissions of about 577.5 million kg CO2e, Scope 2 emissions of approximately 204.5 million kg CO2e, and Scope 3 emissions of around 20.8 billion kg CO2e. Looking further back, for the fiscal year ending March 31, 2023 (FY2022), the company reported total emissions of approximately 24.4 billion kg CO2e, with Scope 1 emissions at about 751.2 million kg CO2e, Scope 2 emissions at approximately 206.9 million kg CO2e, and Scope 3 emissions at about 23.4 billion kg CO2e. For the fiscal year ending March 31, 2022 (FY2021), total emissions were approximately 40.1 billion kg CO2e, with Scope 1 at about 721.8 million kg CO2e, Scope 2 at approximately 219.2 million kg CO2e, and Scope 3 at about 39.2 billion kg CO2e. Sojitz has set ambitious targets to address climate change. The company aims to achieve net-zero emissions by 2050. As part of its near-term strategy, Sojitz has committed to reducing its total Scope 1 and Scope 2 emissions by 60% compared to the levels recorded in 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, using 2018 as a benchmark year.