Mitsubishi Motors

Mitsubishi Motors, headquartered in Japan and operating in the motor vehicles industry, has made significant commitments to reducing its carbon footprint. For the fiscal year 2024, the company reported total emissions of approximately 30 billion kg CO2e. This figure breaks down into about 85 million kg CO2e for Scope 1 emissions, approximately 243 million kg CO2e for Scope 2 emissions, and a substantial 29.7 billion kg CO2e for Scope 3 emissions.

Building on its efforts, Mitsubishi Motors has set ambitious targets. Notably, the company aims for a 50% reduction in Scope 1 and Scope 2 CO2 emissions by 2030, compared to its fiscal year 2018 baseline. Furthermore, Mitsubishi Motors is committed to achieving carbon neutrality across its entire supply chain by 2050. In a previous initiative, the company targeted a 40% reduction in CO2 emissions from its business activities by 2030, relative to its fiscal year 2014 levels.

The company's sustainability reporting indicates progress towards these goals, with Scope 1 and Scope 2 emissions showing a downward trend in recent years. For example, Scope 1 emissions decreased from approximately 95 million kg CO2e in 2022 to 85 million kg CO2e in 2024. Similarly, Scope 2 emissions reduced from about 319 million kg CO2e in 2021 to 243 million kg CO2e in 2024. While Scope 3 emissions remain the largest component of their total footprint, ongoing efforts to address upstream and downstream impacts are crucial for achieving their long-term climate objectives.