Fuji Electric

Fuji Electric's reported carbon emissions

Fuji Electric, headquartered in Japan and operating within the Motor vehicles, trailers and semi-trailers industry, has established ambitious climate commitments. **Carbon Emissions Data:** * **2024:** Fuji Electric reported a total of approximately 56.1 billion kg CO2e. This comprised about 127 million kg CO2e of Scope 1 emissions, approximately 203.5 million kg CO2e of Scope 2 emissions, and a substantial 55.8 billion kg CO2e of Scope 3 emissions. * **2023:** The company's total emissions for 2023 were approximately 58.4 billion kg CO2e, with Scope 1 at about 134.3 million kg CO2e, Scope 2 at roughly 204 million kg CO2e, and Scope 3 at approximately 58.1 billion kg CO2e. * **2022:** Total emissions in 2022 were around 176.9 billion kg CO2e, including Scope 1 at approximately 139.3 million kg CO2e, Scope 2 at about 194.9 million kg CO2e, and Scope 3 at approximately 176.6 billion kg CO2e. * **2021:** In 2021, total emissions were approximately 179.9 billion kg CO2e, with Scope 1 at about 154.5 million kg CO2e, Scope 2 at around 209.5 million kg CO2e, and Scope 3 at approximately 179.6 billion kg CO2e. * **2020:** Fuji Electric recorded total emissions of approximately 56.9 billion kg CO2e in 2020. This included about 202.2 million kg CO2e for Scope 1 and roughly 234.8 million kg CO2e for Scope 2, with Scope 3 emissions at approximately 56.4 billion kg CO2e. * **2019:** Scope 3 emissions were reported at approximately 124.7 billion kg CO2e. **Climate Commitments and Reduction Targets:** Fuji Electric is committed to achieving net-zero emissions across its supply chain by 2050. In alignment with this long-term vision, the company has set interim targets: * **Science Based Targets initiative (SBTi):** Fuji Electric has committed to reducing absolute Scope 1 and 2 greenhouse gas emissions by 46.2% by Fiscal Year 2031, using FY2020 as the base year. Furthermore, they have committed to a 46.2% reduction in absolute Scope 3 greenhouse gas emissions across specific categories, including purchased goods and services, capital goods, and use of sold products, within the same timeframe. These SBTi targets are aligned with limiting warming to 1.5°C. * **Absolute Reduction Targets:** * The company aims for a reduction of over 46% in greenhouse gas emissions throughout its supply chain (Scope 1+2+3) by 2030, compared to FY2019. * They also target a reduction of over 46% in greenhouse gas emissions during production (Scope 1+2) by 2030, compared to FY2019. * Specific site-based targets include a 25% reduction in emissions at the Tokyo Factory (Scope 1) by 2024 from its base year, and a 20% reduction at the Saitama Prefecture (Fukiage Factory) (Scope 2) by 2024 from its base year. * Additionally, Shenzhen operations aim for an annual reduction of 1.71% (6.39% per year) in emissions between FY2021 and FY2025. * **Product Contribution:** Fuji Electric aims to contribute to CO2 emissions reduction in society through its products, targeting over 59,000 thousand tons by 2030.