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April 15, 2022 | News & Notices Shimadzu Group Sets New CO2 Emission Reduction Targets
Moving toward net zero CO2 emissions from overall business activities by 2050

Shimadzu updates its 2018 CO2 emission targets and sets a new target of practically zero emissions by 2050.
As for medium-term targets, we aim to achieve more than 85% emissions cut by 2030 and 90% by 2040 compared to 2017. CO2 emissions from the use of our products at customer sites, which account for 74% of the Group’s Scope 3*, are also targeted to be cut by 30% or more from the 2020 level.

The new targets are as follows.

  • Net zero CO2 emissions from our overall business activities by 2050.
  • Medium-term targets are 85% emissions cut by 2030 and 90% by 2040 against our 2017 baseline.
  • Reduce CO2 emissions from the use of our products by more than 30% by 2030 against our 2020 baseline. 

 

A growing number of organizations and governments are already making commitments to achieve carbon neutrality. The Shimadzu group is taking the lead in drastically reducing CO2 emissions by joining RE100 in March 2021 and committing to switching to 100% renewable electricity at our plants, laboratories, and other major sites in Japan. As a result, 85% of the Group’s electricity usage across the enterprise group is now from renewable energy sources. To further accelerate our global warming strategies, we have therefore pledged to achieve the higher targets set out above.

Our commitment to these targets plays a critical role in redoubling ongoing efforts to reduce CO2 emissions by installing energy-saving equipment or solar power generation systems and using renewable electricity. Moreover, we will develop further eco-friendly products with more ambitious energy conservation targets by harnessing the knowledge and know-how gathered from across our businesses, with the aim of contributing to the reduction of CO2 emissions at our customer sites.

We have submitted our new targets to the SBTi, the bureau of SBT (Science Based Targets), and are awaiting their approval.

 

  • *Scope 3 refers to the GHG (Greenhouse Gas) emissions from other companies that indirectly impacts the reporting company’s value chain. In contrast, Scope 1 and 2 emissions are directly associated with the business activities of the reporting organization. These three categories are used to better understand the source of the emissions.