Fuji Oil Company, Ltd.

Greenhouse gas emissions & sustainability report data

📊 Latest report period: 2024🗂️ Report periods on file: 2024, 2023-04 to 2024-03, 2023

In its 2024 reporting, Fuji Oil Company, Ltd. disclosed greenhouse gas emissions of 23.2M t-CO2e (Scope 1 2 and 3). By scope: Scope 1: 1.7M t-CO2e; Scope 3: 21.5M t-CO2e. Figures are as stated in the company's own report and may use different boundaries, units or methods (for example market-based vs location-based Scope 2), so compare with care.

💨
GHG Emissions
23.2M t-CO2e (Scope 1 2 and 3)
2024
💧
Water Usage
9.56 million tons
2024

📊 Emissions by Scope (2024)

ScopeWhat it coversReported value
Scope 1Direct emissions from sources the company owns or controls (fuel combustion, company vehicles, process and fugitive emissions).1.7M t-CO2e
Scope 3Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.).21.5M t-CO2e

New to scopes? Read Scope 1, 2 and 3 emissions explained and market-based vs location-based Scope 2.

📈 Emissions by Report Period

Report periodHeadline emissions figure reported
202423.2M t-CO2e (Scope 1 2 and 3)
2023-04 to 2024-031.7K thousand tons/year (CO2)

Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.

✅ Reported Environmental Achievements

🎯 Climate & Sustainability Targets

🔜 Short-term

  • Energy savings of 15,000 kiloliters-coe per year at the refinery (FY 2025)
  • Reduce annual CO2 emissions (Scope 1 and 2) by more than 20% compared to FY 2015 (FY 2031)

📅 Medium-term

  • 20% or more reduction in CO2 emissions generated by our own operations in FY 2030 compared to FY 2014

🔭 Long-term

  • Achieve net-zero CO2 emissions from our own operations by FY 2051

🌱 ESG Focus Areas

EnvironmentSocialGovernance

⚠️ Challenges & Risks +

  • Declining domestic oil demand
  • Global moves toward achieving carbon neutrality by 2050
  • Aging production equipment at the refinery
  • Shrinking population of construction workers
  • Rising costs of construction and materials
  • Risk of changes in legal regulations
  • Exchange rate fluctuation risk
  • Market fluctuation risk
  • Interest rate fluctuation risk
  • Operational risks due to disasters, accidents, etc.

📋 Report Information

Reporting Period: 2024
Frameworks: TCFD