Sony

Sony's reported carbon emissions

Sony, a global leader in the radio, television, and communication equipment and apparatus industry (SIC 32), headquartered in Japan, has demonstrated a commitment to reducing its environmental impact. For the reporting year 2024, Sony reported total greenhouse gas emissions of approximately 19.19 billion kg CO2e. This figure comprises approximately 235 million kg CO2e for Scope 1, 810 million kg CO2e for Scope 2, and approximately 17.11 billion kg CO2e for Scope 3 emissions. The company has set ambitious climate targets. Sony aims to achieve net-zero greenhouse gas emissions across its entire value chain by fiscal year 2040, with a baseline year of FY2018. To support this long-term goal, Sony has established near-term targets. Specifically, the company commits to reducing absolute Scope 1 and 2 GHG emissions by 72% by FY2035, compared to FY2018 levels. Furthermore, Scope 3 emissions, particularly those from the use of sold products, are targeted for a 45% reduction by FY2035. As part of its supply chain engagement, Sony aims for 10% of its suppliers, covering purchased goods and services, to have science-based targets by FY2025. Sony is also working towards a 100% renewable energy target for its global operations, aiming to achieve this by 2040. The company's overarching environmental vision, "Road to Zero," strives for a zero environmental footprint throughout the life cycle of its products and business activities. In terms of emissions reduction, for the reporting year 2023, Sony's total emissions were approximately 20.91 billion kg CO2e, with Scope 1 at 241 million kg CO2e, Scope 2 at 826 million kg CO2e, and Scope 3 at approximately 20.04 billion kg CO2e. This shows a slight increase in total emissions from the previous year. Sony is actively engaged in climate initiatives, evidenced by its commitment to the Science Based Targets initiative (SBTi), which aligns its emission reduction targets with the goals of the Paris Agreement. The company has also signed Amazon's Climate Pledge, further underscoring its dedication to achieving net-zero emissions.