- Shrinking domestic LP gas market due to declining birthrate and aging population.
- Declining demand for fossil fuels due to decarbonization efforts.
- Uncertainty in the energy market and global economic slowdown.
- Need to accelerate investment in new strategic businesses.
ITOCHU ENEX CO., LTD.
Greenhouse gas emissions & sustainability report data
In its 2022-04 to 2023-03 reporting, ITOCHU ENEX CO., LTD. disclosed greenhouse gas emissions of 566 thousand tCO2e/year (FY2022). By scope: Scope 1: 505 thousand tCO2e/year (FY2022); Scope 2: 62 thousand tCO2e/year (FY2022); Scope 3: 22.2K thousand tCO2e/year (FY2022). 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
566 thousand tCO2e/year (FY2022)
2022-04 to 2023-03
📊 Emissions by Scope (2022-04 to 2023-03)
| Scope | What it covers | Reported value |
|---|---|---|
| Scope 1 | Direct emissions from sources the company owns or controls (fuel combustion, company vehicles, process and fugitive emissions). | 505 thousand tCO2e/year (FY2022) |
| Scope 2 | Indirect emissions from purchased electricity, steam, heat and cooling. | 62 thousand tCO2e/year (FY2022) |
| Scope 3 | Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.). | 22.2K thousand tCO2e/year (FY2022) |
New to scopes? Read Scope 1, 2 and 3 emissions explained and market-based vs location-based Scope 2.
✅ Reported Environmental Achievements
- Reduced Scope 1 and 2 GHG emissions by 327 thousand t-CO2e from 893 thousand t-CO2e in FY2018 to 566 thousand t-CO2e in FY2022. Aiming for 50% reduction by 2030.
- Expanding renewable energy initiatives (hydroelectric, solar, biomass).
🎯 Climate & Sustainability Targets
🔜 Short-term
- Net profit of ¥13.5 billion (FY2023/FY2024)
- Substantive operating cash flows of ¥60.0 billion (FY2023/FY2024)
- ROE of 8-9% (FY2023/FY2024)
📅 Medium-term
- Net profit of ¥20 billion or more by 2030
- Substantive operating cash flow of ¥45 billion by 2030
- ROE of 9.0% or more by 2030
- 10% female managers by 2030
- 80% or more rate of childcare leave taken by male employees by 2030
🔭 Long-term
- Carbon neutral by 2050
🌱 ESG Focus Areas
Response to climate changeAccess to energyHuman Resource UtilizationCorporate Governance