Fuyo General Lease Co., Ltd.

Greenhouse gas emissions & sustainability report data

📊 Latest report period: 2023-04 to 2024-03🗂️ Report periods on file: 2023-04 to 2024-03, 2021-04 to 2022-03, 2018-04 to 2019-03

In its 2023-04 to 2024-03 reporting, Fuyo General Lease Co., Ltd. disclosed greenhouse gas emissions of 899 tCO2e/year (Scope 1 and 2). By scope: Scope 1: 532 tCO2e/year; Scope 2: 367 tCO2e/year. 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
899 tCO2e/year (Scope 1 and 2)
2023-04 to 2024-03
⚡
Renewable Energy
85% (Fuyo General Lease, RE100 standard)
of total energy

📊 Emissions by Scope (2023-04 to 2024-03)

ScopeWhat it coversReported value
Scope 1Direct emissions from sources the company owns or controls (fuel combustion, company vehicles, process and fugitive emissions).532 tCO2e/year
Scope 2Indirect emissions from purchased electricity, steam, heat and cooling.367 tCO2e/year

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
2023-04 to 2024-03899 tCO2e/year (Scope 1 and 2)
2021-04 to 2022-031.5K tCO2e/year (Scope 1 & 2)
2018-04 to 2019-031.3K tCO2e (Scope 1 & 2)

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

  • Increase renewable energy power generation capacity to 1,000 MW by 2027
  • Increase the percentage of Group vehicles that are EVs or FCVs to 30% by 2027
  • Achieve a 100% recycling rate of waste plastics by 2026

📅 Medium-term

  • Invest a cumulative total of ¥300.0 billion over the 5 years through fiscal 2026 to promote decarbonization
  • Support the creation of 1,330 new rooms at elderly care homes over a 5-year period
  • Increase human resource development expenses to 300% of their original amount over the five-year term of the Medium-Term Management Plan

🔭 Long-term

  • Achieve carbon neutrality and RE100 by 2030

🌱 ESG Focus Areas

Climate ChangeCircular EconomyBiodiversityHuman RightsHuman CapitalDX Strategy

⚠️ Challenges & Risks +

  • Higher interest rates on foreign currency and costs associated with expansion of business domains
  • Declining finance needs at medical institutions
  • Moderate EV penetration rate in Japan
  • Expanding the coverage of Fuyo CE Lease
  • Funding support after the end of financial support policies to address COVID-19
  • Permanent shortage of personnel among healthcare providers
  • Sluggish office market
  • Rising interest in environmental issues in the aviation industry
  • Highly uncertain real estate market
  • Revisions to lease accounting standards

📋 Report Information

Reporting Period: 2023-04 to 2024-03
Frameworks: International Integrated Reporting Framework
Assurance: Ernst & Young ShinNihon LLC