- Climate change-related risks (transition risks, physical risks)
- Market competition and declining electricity sales
- Securing necessary human resources due to a declining workforce
- Fluctuations in fuel prices and exchange rates
- Changes in energy policy and electric power business systems
- Strengthening environmental regulations
- Changes in the environment surrounding the nuclear power business
- Compliance issues
Shikoku Electric Power Group
Greenhouse gas emissions & sustainability report data
In its 2024 reporting, Shikoku Electric Power Group disclosed greenhouse gas emissions of 7.9M tons-CO2 (FY2023). By scope: Scope 1: 7.9M tons-CO2 (FY2023); Scope 2: 5.3M tons-CO2 (FY2023); Scope 3: 4.3M tons-CO2 (FY2023). 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
7.9M tons-CO2 (FY2023)
2024
Renewable Energy
7% (FY2023) Non-fossil certificates (with certification for renewable energy)
of total energy
📊 Emissions by Scope (2024)
| 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). | 7.9M tons-CO2 (FY2023) |
| Scope 2 | Indirect emissions from purchased electricity, steam, heat and cooling. | 5.3M tons-CO2 (FY2023) |
| Scope 3 | Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.). | 4.3M tons-CO2 (FY2023) |
New to scopes? Read Scope 1, 2 and 3 emissions explained and market-based vs location-based Scope 2.
📈 Emissions by Report Period
| Report period | Headline emissions figure reported |
|---|---|
| 2024 | 7.9M tons-CO2 (FY2023) |
| 2023 | 7.9 million t-CO2 (FY2023) |
| 2021 | 19.62 million t-CO2 (Before FIT free allocation) |
| 2020-04 to 2021-03 | 12.5M t-CO2e |
Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.
✅ Reported Environmental Achievements
- Reduced Scope 1 emissions by 30% compared to FY2013 levels by FY2030 (target)
- Halved CO2 emissions from the retail sector compared to FY2013 levels by FY2030 (target)
- Achieved 98.9% coal ash recycling rate in FY2023
- Developed 350,000 kW of new renewable energy power sources by the end of FY2023
- Issued green bonds for environmental conservation projects, with third-party assurance from DNV Business Assurance Japan Co., Ltd.
🎯 Climate & Sustainability Targets
🔜 Short-term
- Reduce own greenhouse gas emissions by 30% compared to FY2013 levels by FY2030
- Halve CO2 emissions from the retail sector compared to FY2013 levels by FY2030
- Increase the ratio of non-fossil certificates held by the retail sector to 44% or more in FY2030
- Develop 500,000 kW of new renewable energy power sources by FY2030
📅 Medium-term
- Achieve benchmark indices (Act on Rationalizing Energy Use) by FY2030
- Invest a cumulative 350 billion yen over the 10-year period from FY2021 to FY2030 to promote low-carbon and decarbonized power sources
- Mid-level and above leading DX talent make up approximately 5% of our employees by the end of fiscal 2025 and approximately 15% by fiscal 2030
🔭 Long-term
- Achieve carbon neutrality by 2050
- Develop 2,000,000 kW of new renewable energy power sources by FY2050
🌱 ESG Focus Areas
Climate ChangeHuman Capital ManagementCommunity EngagementCorporate Governance