Tokuyama

Tokuyama's reported carbon emissions

## Tokuyama Corporation: Climate Commitments and Emissions Overview Tokuyama Corporation, a prominent chemicals company based in Japan, is committed to achieving carbon neutrality by 2050. This long-term goal underpins their strategy to reduce greenhouse gas (GHG) emissions across their operations. ### Emissions Performance In fiscal year 2024, Tokuyama reported total GHG emissions of approximately **2.46 billion kg CO2e**. This figure encompasses Scope 1, 2, and 3 emissions. * **Scope 1 emissions** for 2024 were approximately **5.61 billion kg CO2e**, with stationary combustion accounting for the majority at around 5.24 billion kg CO2e. * **Scope 2 emissions** in 2024 totalled approximately **130 million kg CO2e**. * **Scope 3 emissions** for 2024 were approximately **1.74 billion kg CO2e**. Key contributors within Scope 3 include purchased goods and services (approximately 990 million kg CO2e) and fuel and energy-related activities (approximately 690 million kg CO2e). In the preceding year, 2023, Tokuyama's total emissions were approximately **7.97 billion kg CO2e**. ### Reduction Targets and Initiatives Tokuyama has established clear targets to guide its decarbonisation efforts: * **Carbon Neutrality by FY2050:** The company aims to achieve carbon neutrality across all scopes by the fiscal year 2050. * **30% GHG Reduction by FY2030:** Tokuyama has committed to reducing its GHG emissions (Scope 1 and 2) by 30% by fiscal year 2030, compared to fiscal year 2019 levels. This target was established starting in fiscal year 2021. These reduction targets are aligned with the company's broader energy consumption and GHG emissions strategy, which shifted in fiscal year 2021 from a per-unit energy consumption focus to an absolute reduction target.