Fuji Electric

Fuji Electric, a Japanese company in the Motor vehicles, trailers and semi-trailers industry, reported total carbon emissions of approximately 56.1 billion kg CO2e in 2024. This includes Scope 1 emissions of about 127 million kg CO2e, Scope 2 emissions of around 203.5 million kg CO2e, and Scope 3 emissions of roughly 55.79 billion kg CO2e. The largest contributor to Scope 3 emissions was the use of sold products, accounting for approximately 53.11 billion kg CO2e. In the previous year, 2023, the company's total emissions were higher at approximately 58.41 billion kg CO2e.

Fuji Electric is committed to significant emissions reductions. The company has set a Science Based Target initiative (SBTi) approved target to reduce absolute Scope 1 and 2 GHG emissions by 46.2% by FY2031, using FY2020 as a baseline. Additionally, Fuji Electric aims to reduce 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 targets are consistent with reductions required to limit global warming to 1.5°C.

Further commitments include achieving carbon neutrality throughout its supply chain by 2050. The company also aims for a reduction of over 46% in greenhouse gas emissions through production (Scope 1+2) and throughout the entire supply chain (Scope 1+2+3) by 2030, compared to FY2019 levels. Specific local targets include a 25% reduction in Scope 1 emissions at its Tokyo Factory between 2020 and 2024, and a 20% reduction in Scope 2 emissions at its Fukiage Factory in Saitama prefecture within the same period.