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Metrics & Targets
The overwhelming majority of the Group's greenhouse gas emissions in its supply chain come from Scope 3, Category 11 (use of sold products). We have set a goal of reducing CO2 emissions from product use by 30% from FY2010 levels by FY2030. However, this goal cannot be achieved simply by improving the performance and fuel efficiency of conventional diesel-powered construction machinery, and the widespread use of battery-powered construction machinery is a key factor.
We launched a lithium-ion battery-powered compact excavator in July 2021, but we expect that it will take a certain amount of time for such machines to become commonplace. Therefore, we expect that the pace of achieving the 30% reduction target will accelerate in the late 2020s and as we approach 2030. The use of our products generates Scope 1 or Scope 2 emissions for users of our products, and under the 2°C scenario, the use of battery-powered construction machinery may accelerate as a result of changes in customer attitudes due to increased environmental awareness, public subsidies, or tighter regulations.
We will take this "transition risk/opportunity" as an opportunity for business development and work on product development to expand our lineup of battery-powered construction equipment.
Climate Change Metrics and Targets
| Metrics | Targets |
|---|---|
| CO2 emissions from product use | 30% reduction by FY2030 (compared to FY2010 levels, CO2 intensity per sales revenue) |
| CO2 emissions at factories (in Japan) | 50% reduction by FY2030 (compared to FY2015 levels, CO2 intensity per sales revenue) |
| Renewable energy ratio of electricity used in factories (in Japan) | 100% (already achieved) |
Greenhouse Gas Emissions
For detailed greenhouse gas emissions data and related ESG metrics, please visit our ESG data page. This information provides a comprehensive view of our emissions performance and progress over time.
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