Suntory Holdings Limited

Suntory Holdings Limited, a Japanese beverage company, reported approximately 8.57 billion kg of CO2e emissions in 2024. This total comprises 522 million kg CO2e from Scope 1 (direct emissions), 164 million kg CO2e from Scope 2 (indirect emissions from purchased energy), and approximately 7.72 billion kg CO2e from Scope 3 (value chain emissions). Key contributors to their Scope 3 emissions include purchased goods and services, which accounted for approximately 4.88 billion kg CO2e, and upstream transportation and distribution at around 458 million kg CO2e.

Suntory has set ambitious climate targets. They aim for net-zero greenhouse gas (GHG) emissions across their entire value chain by 2050. In the near term, the company has committed to reducing absolute Scope 1 and 2 GHG emissions by 50% from a 2019 base year, with a target year of 2030. Additionally, Suntory aims to reduce absolute Scope 1, 2, and 3 GHG emissions by 30% by 2030, also against a 2019 baseline. Specific Scope 3 targets include a reduction of 27.5% for downstream emissions by 2030, and a 33.3% reduction for Scope 1 and 3 FLAG (Forest, Land and Agriculture) emissions by 2030. They also aim to achieve a 72% reduction in Scope 1 and 3 FLAG emissions by 2050. The company is also working towards the ambitious goal of eliminating deforestation from its supply chain by the end of 2025.