Tokyu Corporation

Tokyu Corporation, headquartered in Japan and operating within the Construction work (45) industry, has established ambitious climate commitments. For the reporting year 2024, the company reported Scope 3 emissions totalling approximately 1.64 billion kg CO2e and Scope 1 and 2 emissions of approximately 378 million kg CO2e. In 2023, Scope 3 emissions were approximately 1.52 billion kg CO2e, with Scope 1 and 2 emissions around 372 million kg CO2e.

Looking at historical data, Tokyu Corporation's Scope 3 emissions for 2022 were approximately 2.33 billion kg CO2e, and Scope 1 and 2 emissions were around 406 million kg CO2e. In 2021, the company's Scope 3 emissions were approximately 2.23 billion kg CO2e, with Scope 1 and 2 emissions at about 565 million kg CO2e. For 2020, Scope 3 emissions were approximately 2.18 billion kg CO2e, and Scope 1 and 2 emissions were around 570 million kg CO2e. Prior to this, in 2019, Scope 3 emissions were approximately 2.62 billion kg CO2e, and Scope 1 and 2 emissions were about 644 million kg CO2e. In 2018, the company reported Scope 1 emissions of approximately 210 million kg CO2e and Scope 2 emissions of approximately 430 million kg CO2e, totalling around 643 million kg CO2e for Scope 1 and 2. For 2017, Scope 1 emissions were approximately 210 million kg CO2e and Scope 2 emissions were about 460 million kg CO2e, with a combined total of approximately 669 million kg CO2e. In 2016, Scope 1 emissions were approximately 210 million kg CO2e and Scope 2 emissions were around 500 million kg CO2e, totalling approximately 710 million kg CO2e for Scope 1 and 2. In 2010, Scope 1 emissions were approximately 200 million kg CO2e, and Scope 2 emissions were about 550 million kg CO2e, resulting in a combined total of approximately 750 million kg CO2e.

Tokyu Corporation has set a significant long-term goal to achieve net zero by 2050. This overarching target includes a commitment to a 55% reduction in emissions by FY2035, a 60% reduction by FY2035, and a 73% reduction by FY2040, all based on a 2019 baseline. The company also aims for carbon neutrality by 2040 for Scope 1 and Scope 2 emissions.