Yokogawa Electric

Yokogawa Electric's reported carbon emissions

Yokogawa Electric, a Japanese firm in the electrical machinery and apparatus sector, has outlined significant climate commitments. For the reporting year 2024, the company reported a total of approximately 806.7 million kg CO2e. This total is comprised of approximately 12.1 million kg CO2e for Scope 1 emissions and approximately 33.8 million kg CO2e for Scope 2 emissions. Scope 3 emissions for 2024 were approximately 734.8 million kg CO2e, with purchased goods and services accounting for about 391.2 million kg CO2e and the use of sold products contributing approximately 249.1 million kg CO2e. Yokogawa Electric has established ambitious targets to combat climate change. The company aims for net-zero emissions by 2050. As an interim measure, it has committed to a 90% reduction in absolute Scope 1 and Scope 2 greenhouse gas (GHG) emissions by FY2030, using FY2019 as the base year. Furthermore, Yokogawa Electric has set a target to reduce absolute Scope 3 GHG emissions by 30% by FY2030, focusing on purchased goods and services and the use of sold products, also from a FY2019 baseline. To achieve these targets, Yokogawa Electric is implementing strategies such as reducing energy consumption, increasing the use of renewable energy, and promoting internal carbon pricing. The company has also integrated GHG and energy-related indicators into its executive remuneration and employee performance management systems to drive progress across the organisation. In 2024, it reported a 42% reduction in Scope 1 and 2 emissions compared to the FY2019 baseline, indicating progress towards its goals.