Tokyo Electric Power

Tokyo Electric Power's most recent disclosed emissions for 2024 totalled approximately 108.0 billion kg CO2e. This includes Scope 1 emissions of 221 million kg CO2e, market-based Scope 2 emissions of approximately 5.0 billion kg CO2e, and Scope 3 emissions of approximately 102.8 billion kg CO2e. The Scope 3 emissions largely comprised Fuel and Energy-Related Activities (88.3 billion kg CO2e) and Use of Sold Products (6.8 billion kg CO2e).

Looking back, in 2023, the company's total emissions were approximately 121.6 billion kg CO2e, with Scope 1 at 215 million kg CO2e, market-based Scope 2 at approximately 5.9 billion kg CO2e, and Scope 3 at approximately 115.5 billion kg CO2e.

Tokyo Electric Power has committed to several climate reduction targets. The TEPCO Group aims to achieve net-zero CO2 emissions from energy supply by 2050, based on the Paris Agreement. They also have a near-term target to reduce CO2 emissions from retailed power by 50% by FY2030, compared to FY2013 levels. This 50% reduction target for FY2030 (versus FY2013) also applies specifically to Scope 1 and Scope 2 emissions.

Additionally, the company has set a target to reduce Scope 1 and Scope 2 GHG emissions from its business activities by 70% by FY2030, and by 55% by FY2025, both against a 2013 baseline. A 50% reduction target for Scope 3 emissions across the entire supply chain by FY2030 (against a 2013 baseline) has also been set.

It should be noted that Tokyo Electric Power's performance data is inherited from its parent company, Tokyo Electric Power Company Holdings, Incorporated.