Kintetsu World Express

Kintetsu World Express, Inc. reported total global greenhouse gas emissions of about 1.918 billion kg CO2e in 2024. This included approximately 9.87 million kg CO2e from Scope 1 emissions, 51.86 million kg CO2e from Scope 2 emissions, and about 1.846 billion kg CO2e from Scope 3 emissions. A significant portion of the Scope 3 emissions, roughly 1.675 billion kg CO2e, came from upstream transportation and distribution. In 2023, the company's total emissions were approximately 1.954 billion kg CO2e, with Scope 1 at 25.38 million kg CO2e, Scope 2 at 47.87 million kg CO2e, and Scope 3 at about 1.875 billion kg CO2e. For 2022, Kintetsu World Express reported Scope 1 emissions of 27.46 million kg CO2e and Scope 2 emissions of 47.11 million kg CO2e. In 2021, Scope 1 emissions were 0.46 million kg CO2e and Scope 2 emissions were 6.48 million kg CO2e.

Kintetsu World Express, Inc. is committed to several climate targets validated by the Science Based Targets initiative (SBTi). The company aims for net-zero greenhouse gas emissions across its value chain by FY2050. Near-term targets include reducing absolute Scope 1 and 2 GHG emissions by 42% by FY2030 from a FY2023 base year. Additionally, Kintetsu World Express commits to reducing absolute Scope 3 GHG emissions by 25% within the same timeframe. Long-term targets involve a 90% reduction in absolute Scope 1 and 2 GHG emissions by FY2050 from a FY2023 base year, and a 90% reduction in absolute Scope 3 GHG emissions within the same timeframe. The company also aims to reduce its Scope 1 and Scope 2 emissions to near zero by the middle of this decade.