Yamaha Motor

Yamaha Motor's reported carbon emissions

Yamaha Motor, a Japanese company in the Motor Vehicle Electrical and Electronic Equipment Manufacturing industry, reported approximately 56.8 billion kg CO2e in total emissions for the 2024 fiscal year. This figure comprises approximately 133.7 million kg CO2e of Scope 1 emissions, around 240.9 million kg CO2e of Scope 2 emissions, and a substantial 56.5 billion kg CO2e of Scope 3 emissions. The majority of Scope 3 emissions stem from the use of sold products, accounting for approximately 53.5 billion kg CO2e, followed by purchased goods and services at roughly 1.9 billion kg CO2e. Looking at previous years, Yamaha Motor reported approximately 28.5 billion kg CO2e in total emissions for the 2023 fiscal year, with Scope 3 emissions representing the largest portion at about 28.1 billion kg CO2e. In 2022, total emissions were approximately 30.4 billion kg CO2e, with Scope 3 emissions around 29.9 billion kg CO2e. For the 2021 fiscal year, total emissions stood at approximately 29.4 billion kg CO2e, again largely driven by Scope 3 emissions at about 28.9 billion kg CO2e. In 2020, Scope 1 and 2 emissions combined were approximately 442.5 million kg CO2e. Prior to that, in 2019, Scope 1 and 2 emissions totalled around 540.1 million kg CO2e, with Scope 3 emissions from the use of sold products at approximately 29.3 billion kg CO2e. Yamaha Motor has set ambitious climate commitments. The company aims for carbon neutrality in its factories by 2035. Furthermore, they have a long-term vision for carbon neutrality by 2050, with plans to accelerate the expansion of electric models, promote electric mobility, and develop models powered by hydrogen and other renewable energy sources. By 2050, Yamaha Motor expects 90% of its motorcycles to be electrified. Near-term targets include a 58% reduction in CO2 emissions from production by 2024, compared to 2010 levels. They also aim for an 80% reduction in Scope 1 and 2 emissions by 2030, compared to 2010. Additionally, there is a target for a 24% reduction in Scope 3 emissions by 2030, compared to 2019, primarily focusing on the product use phase. Another target is a 50% reduction of CO2 emissions from products by users by 2050, relative to sales volume, compared to 2010 levels.