PILOT CORPORATION

Greenhouse gas emissions & sustainability report data

📊 Latest report period: 2023🗂️ Report periods on file: 2023

In its 2023 reporting, PILOT CORPORATION disclosed greenhouse gas emissions of 186.0K t-CO2e (2023 Scope 1+2+3). By scope: Scope 1: 1.1K t-CO2e (2023); Scope 2: 11.4K t-CO2e (2023); Scope 3: 170.2K t-CO2e (2023). 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.

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GHG Emissions
186.0K t-CO2e (2023 Scope 1+2+3)
2023
💧
Water Usage
82.0K m3 (2023 domestic operations)
2023
♻️
Waste
1.1K tons (2023 domestic operations)
2023
⚙️
Energy Use
28.8K MWh (2023)
2023

📊 Emissions by Scope (2023)

ScopeWhat it coversReported value
Scope 1Direct emissions from sources the company owns or controls (fuel combustion, company vehicles, process and fugitive emissions).1.1K t-CO2e (2023)
Scope 2Indirect emissions from purchased electricity, steam, heat and cooling.11.4K t-CO2e (2023)
Scope 3Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.).170.2K t-CO2e (2023)

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

✅ Reported Environmental Achievements

🎯 Climate & Sustainability Targets

🔜 Short-term

  • Reduce Scope 1 and 2 emissions per unit of sales by at least 1% year-on-year in 2023 and 2024
  • Recycle rate of returned and discarded writing instruments 50% or more

📅 Medium-term

  • Reduce Scope 1 and 2 emissions (total) by 25% by 2030 compared to fiscal year 2021
  • Achieve a 25% sales composition ratio for non-writing instrument businesses by 2030
  • Become the No. 1 brand in the global writing instrument market by 2030
  • Achieve a dividend payout ratio of 30% or more by 2024

🔭 Long-term

  • Contribute to creating a sustainable earth and society by 2030

🌱 ESG Focus Areas

Climate ChangeBiodiversityWater Resource ManagementWaste ReductionHuman RightsDiversity & InclusionSupply Chain SustainabilityEmployee Well-beingCorporate Governance

⚠️ Challenges & Risks +

  • Rising global raw material costs
  • Difficulty passing on price increases to stationery products
  • Decline in demand for writing instruments due to remote work and digitalization
  • Increased competition in the writing instruments market
  • Supply chain disruptions due to intensifying natural disasters
  • Climate change related risks (carbon tax, stricter regulations, raw material costs, natural disasters)
  • Market risks (changing consumer preferences, decreased sales of traditional writing instruments)

📋 Report Information

Reporting Period: 2023
Frameworks: International Integrated Reporting Framework (IIRC), Guidance for Collaborative Value Creation (METI), TCFD