Fuji Electric

Fuji Electric, a Japanese company in the motor vehicles, trailers, and semi-trailers industry, reported total carbon emissions of approximately 56.12 billion kg CO2e in 2024. This includes Scope 1 emissions of 127 million kg CO2e, Scope 2 emissions of 203.5 million kg CO2e, and Scope 3 emissions of 55.79 billion kg CO2e. The largest contributor to Scope 3 emissions was the use of sold products, accounting for about 53.11 billion kg CO2e. In the previous year, 2023, their total emissions were approximately 58.41 billion kg CO2e.

Fuji Electric has set several climate commitments. The company aims to achieve carbon neutrality throughout its supply chain by 2050. They also have a near-term target to reduce absolute Scope 1 and Scope 2 greenhouse gas emissions by 46.2% by fiscal year 2031, using fiscal year 2020 as a base year. Additionally, they commit to reducing absolute Scope 3 GHG emissions from purchased goods and services, capital goods, fuel and energy-related activities, upstream transportation and distribution, waste generated in operations, business travel, employee commuting, upstream leased assets, and use of sold products by 46.2% within the same timeframe (FY2020-FY2031). These Scope 1, 2, and 3 targets are validated by the Science Based Targets initiative (SBTi) as consistent with reductions required to keep warming to 1.5°C.

Further near-term targets include a reduction of over 46% in greenhouse gas emissions throughout the supply chain (Scope 1+2+3) by 2030, compared to FY2019. Similarly, for Scope 1 and Scope 2 emissions from production, they aim for a reduction of over 46% by 2030, also against a FY2019 baseline.