Azbil

Azbil Corporation, an automotive industry player based in Japan, has established significant climate commitments. The company aims to achieve net-zero greenhouse gas (GHG) emissions across its entire value chain by fiscal year 2049.

For near-term emissions reduction, Azbil has set targets:

• Scope 1 and 2 GHG emissions: A commitment to a 55% reduction by FY2030 from a FY2017 base year. Some sources indicate this has been updated to a 60% reduction by FY2030 from a FY2017 base year.
• Scope 3 GHG emissions: A commitment to a 33% reduction by FY2030 from a FY2017 base year. Previously, a target of 20% reduction by FY2030 from a FY2017 base year was noted.

For long-term goals, Azbil commits to reducing absolute scope 1 and 2 GHG emissions by 90% by FY2049 from a FY2017 base year. Additionally, they aim for a 90% reduction in absolute scope 3 GHG emissions within the same timeframe.

In terms of reported emissions for fiscal year 2024, Azbil recorded approximately 837.5 million kg CO2e in total emissions. This breaks down into approximately 3.95 million kg CO2e for Scope 1 emissions, approximately 7.50 million kg CO2e for Scope 2 emissions (market-based), and approximately 830.2 million kg CO2e for Scope 3 emissions. The largest contributors to Scope 3 emissions in 2024 were purchased goods and services (approximately 415.1 million kg CO2e) and the use of sold products (approximately 351.2 million kg CO2e).

For fiscal year 2023, total emissions were approximately 899.1 million kg CO2e, comprising approximately 4.25 million kg CO2e (Scope 1), 11.50 million kg CO2e (Scope 2, market-based), and 885.9 million kg CO2e (Scope 3). Scope 3 emissions in 2023 were primarily driven by purchased goods and services (approximately 435.3 million kg CO2e) and the use of sold products (approximately 386.0 million kg CO2e).