Hazama Ando

Hazama Ando's reported carbon emissions

Hazama Ando Corporation, headquartered in Japan and operating in the construction industry, has outlined ambitious climate commitments and reported its carbon emissions. For the fiscal year 2024, the company reported a total of approximately 2.07 billion kg CO2e. This figure includes Scope 1 emissions of around 49 million kg CO2e, Scope 2 emissions of approximately 11 million kg CO2e (market-based), and substantial Scope 3 emissions totalling about 2.01 billion kg CO2e. Key contributors to its Scope 3 emissions include purchased goods and services (approximately 928 million kg CO2e) and the use of sold products (approximately 1.005 billion kg CO2e). Looking at historical data, in fiscal year 2023, Hazama Ando reported total emissions of approximately 2.36 billion kg CO2e, with Scope 1 emissions around 64 million kg CO2e, Scope 2 emissions around 6 million kg CO2e (market-based), and Scope 3 emissions of approximately 2.29 billion kg CO2e. The previous year, fiscal year 2022, saw total emissions of about 2.03 billion kg CO2e, comprising Scope 1 emissions of approximately 52.8 million kg CO2e, Scope 2 emissions of around 18.4 million kg CO2e, and Scope 3 emissions of approximately 1.95 billion kg CO2e. Hazama Ando is actively engaged in reducing its environmental impact. The company has set a target to reduce absolute Scope 1 and 2 GHG emissions by 42% by fiscal year 2030, compared to a fiscal year 2023 base year. Furthermore, it aims to reduce absolute Scope 3 GHG emissions by 25% within the same timeframe. There is also a commitment to reduce absolute Scope 1 GHG emissions by 63% by fiscal year 2035 from a fiscal year 2024 base year, with a similar 63% reduction target for Scope 2 emissions. A Scope 3 reduction target of 38.0% by FY2035 from a FY2024 base year is also in place. Longer-term, Hazama Ando aims for net carbon neutrality by 2050, aligning with initiatives such as the Science Based Targets initiative (SBTi) and the RE100 project. The company's SBTi commitments are consistent with keeping warming to 1.5°C for its near-term Scope 1 and 2 targets.