ITOCHU Corporation

Greenhouse gas emissions & sustainability report data

📊 Latest report period: 2024🗂️ Report periods on file: 2024, 2023-04 to 2024-03, 2021, 2020-04 to 2021-03

In its 2024 reporting, ITOCHU Corporation disclosed greenhouse gas emissions of 1.7K thousand t-CO2e (FYE 2024). By scope: Scope 1: 1.1K thousand t-CO2e (FYE 2024); Scope 2: 627 thousand t-CO2e (FYE 2024). 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
1.7K thousand t-CO2e (FYE 2024)
2024
⚡
Renewable Energy
17% (FYE 2024)
of total energy
💧
Water Usage
50.7K thousand m3 (FYE 2024)
2024
♻️
Waste
609.6K tons (FYE 2024)
2024
⚙️
Energy Use
1.7M MWh (FYE 2024)
2024

📊 Emissions by Scope (2024)

ScopeWhat it coversReported value
Scope 1Direct emissions from sources the company owns or controls (fuel combustion, company vehicles, process and fugitive emissions).1.1K thousand t-CO2e (FYE 2024)
Scope 2Indirect emissions from purchased electricity, steam, heat and cooling.627 thousand t-CO2e (FYE 2024)

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
20241.7K thousand t-CO2e (FYE 2024)
2023-04 to 2024-033.9K thousand t-CO2e/year
2020-04 to 2021-032.3M t-CO2e/year

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

  • Reduce Scope 1/2 emissions at Japanese Bases
  • Reduce waste and promote recycling in office activities
  • Reduce paper consumption by 3% compared to FYE 2019 by March 2025
  • Reduce water consumption by 6% compared to FYE 2019 at Tokyo Headquarters by March 2025
  • Reduce water consumption by 9% compared to FYE 2020 in water-stressed regions by March 2025

📅 Medium-term

  • Achieve 40% reduction in GHG emissions from 2018 levels by 2030
  • Increase renewable energy ratio to over 20% by FYE 2031
  • Aim for cumulative energy storage of over 2 GWh by FYE 2031
  • Reduce petroleum-based plastics use by 50% from FYE 2020 level by FYE 2031 (FamilyMart)

🔭 Long-term

  • Achieve net zero GHG emissions by 2050
  • Achieve 75% reduction in GHG emissions from 2018 levels by 2040, aim for “offset zero”
  • Increase the ratio of environmentally-friendly containers and packaging to 100% by 2050 (FamilyMart)

🌱 ESG Focus Areas

Climate ChangeBiodiversityWater Resources ConservationPollution PreventionResource CirculationSustainable FinanceHuman RightsStakeholder Engagement

⚠️ Challenges & Risks +

  • Climate change transition and physical risks impacting various businesses
  • Supply chain disruptions due to extreme weather events
  • Decreased demand for certain products due to market shifts towards clean technology
  • Increased costs due to carbon pricing or regulations
  • Potential damage to facilities from natural disasters
  • Decreased harvest volumes due to extreme weather in agriculture and forestry businesses
  • Risk of diversion of timber use to other products
  • Impact on procurement and production from extreme weather in agriculture and forestry businesses
  • Potential decrease in crop harvests and logistics disruptions due to extreme weather in feed and grain trade business

📋 Report Information

Reporting Period: 2024
Frameworks: TCFD, TNFD, GRI, ISO 26000
Assurance: KPMG AZSA Sustainability Co., Ltd.