Yamaha Motor

Yamaha Motor's reported carbon emissions

Yamaha Motor, a company in the Motor Vehicle Electrical and Electronic Equipment Manufacturing industry, has reported significant greenhouse gas emissions and established ambitious climate commitments. For the fiscal year 2024, the company recorded total emissions of approximately 56.8 billion kg CO2e. This figure is comprised of Scope 1 emissions totalling approximately 133.7 million kg CO2e, Scope 2 emissions of about 240.9 million kg CO2e, and substantial Scope 3 emissions amounting to roughly 56.5 billion kg CO2e. Key contributors to their Scope 3 emissions include the use of sold products (approximately 53.5 billion kg CO2e) and purchased goods and services (approximately 1.9 billion kg CO2e). Yamaha Motor is committed to achieving carbon neutrality by 2050. To support this long-term goal, they have set near-term targets. A notable commitment is a 52% reduction in CO2 emissions by fiscal year 2024, compared to fiscal year 2010 levels, encompassing both Scope 1 and Scope 2 emissions. Further targets include an 80% reduction in Scope 1 and 2 emissions by 2030, also relative to 2010. The company also aims for a 24% reduction in Scope 3 emissions by 2030, with a focus on the product use phase, compared to 2019 levels. Additionally, Yamaha Motor plans to achieve carbon neutrality in its factories by 2035. Their strategy includes accelerating the expansion of their electric model lineup, promoting electric mobility, and developing models powered by alternative renewable energy sources. By 2050, Yamaha Motor anticipates that 90% of its motorcycles will be electrified, and fuel cell technology will be integrated into outboard motors.