Johnson Electric

Johnson Electric, headquartered in HK and operating within the motor vehicles, trailers and semi-trailers sector, has established ambitious climate commitments. For the fiscal year 2024, the company reported Scope 1 emissions of approximately 33,000,000 kg CO2e and Scope 2 emissions of approximately 117,000,000 kg CO2e. This includes Scope 3 emissions, which amounted to approximately 10,686,188,000 kg CO2e.

The company is committed to significant emissions reductions. Johnson Electric aims to reduce its operational carbon emissions (Scope 1 and 2) by 42% by 2030, using a 2020/2021 fiscal year baseline. Furthermore, they are working to reduce the intensity of purchased energy consumption per sales by 15% by 2030, from a 2019/2020 fiscal year baseline.

In alignment with global climate goals, Johnson Electric has also committed to reducing its absolute Scope 1 GHG emissions by 59% and absolute Scope 2 GHG emissions by 65% by fiscal year 2034, from a fiscal year 2022 baseline. Additionally, a commitment has been made to reduce absolute Scope 3 GHG emissions by 35% within the same timeframe. The company is also striving towards carbon neutrality and net-zero emissions globally by 2050, encompassing all scopes. These targets are part of their broader efforts to establish science-based carbon reduction strategies and transparent reporting.