- Decreasing populations around Japan and decreasing number of railway users
- Rising cost of operating expenses, including raw material costs
- Labor shortages related to waste collection
- Decreasing birthrate and aging population
- Maintaining information security amid rapid changes to the ICT environment
- Risks brought about by natural disasters
Odakyu Electric Railway Co., Ltd.
Greenhouse gas emissions & sustainability report data
In its 2022 reporting, Odakyu Electric Railway Co., Ltd. disclosed greenhouse gas emissions of 243.5K t-CO2e/year (Scope 1 and 2). By scope: Scope 1: 10.0K t-CO2e/year; Scope 2: 233.5K t-CO2e/year; Scope 3: 192.3K t-CO2e/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
243.5K t-CO2e/year (Scope 1 and 2)
2022
Water Usage
1.2M m3/year
2022
Waste
7.2K tons/year
2022
Energy Use
5.2M GJ/year
2022
📊 Emissions by Scope (2022)
| 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). | 10.0K t-CO2e/year |
| Scope 2 | Indirect emissions from purchased electricity, steam, heat and cooling. | 233.5K t-CO2e/year |
| Scope 3 | Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.). | 192.3K t-CO2e/year |
New to scopes? Read Scope 1, 2 and 3 emissions explained and market-based vs location-based Scope 2.
✅ Reported Environmental Achievements
- Operation of the Zero-Carbon Romancecar (utilizing the Tokyo Cap-and-Trade Program)
- Introduction of EV Buses (Kanagawa Chuo Kotsu Co., Ltd., Hiratsuka sales office)
- Business Cards Made from Used Paper (recycling posters)
- Introduction of Solar Power Generation Equipment (Ebina area)
- Food Waste Turned into Feed (Odakyu Group waste)
🎯 Climate & Sustainability Targets
🔜 Short-term
- Reduce CO2 emissions by 50% by 2030 (compared with 2013)
📅 Medium-term
- Achieve operating income of ¥60.0 billion plus extra by FY2030
- Interest bearing debt/EBITDA ratio of approx. 7.0 times by FY2030
- ROE of 7% by FY2030
- Expand real estate revenue to ¥30.0 billion by FY2030
- Secure digital operating income of ¥3.0 billion by FY2030
🔭 Long-term
- Net zero CO2 emissions by 2050
🌱 ESG Focus Areas
Safety and peace of mindCommunity development and local communitiesDaily life and tourism experiencesEnvironment (carbon neutrality)Development of value-creating human resourcesGovernance