CONNECT WITH US:
Aug 10, 2023 11:21 JST
DENSO Sets Scope 3 as a New Target to Reduce Greenhouse Gas Emissions and Acquires SBT Certification
KARIYA, JAPAN, Aug 10, 2023 - (JCN Newswire) - DENSO Corporation today announced that it has set Scope 3(1) as a new target to reduce greenhouse gas emissions and has acquired SBT certification from the Science Based Targets initiative (SBTi(2)), an international initiative, in addition to the targets of Scope 1(1) and Scope 2(1).
DENSO has set newly established goals for Scope 3 to reduce CO2 emissions throughout the supply chain by 25% by FY 2030 from a FY 2020 base year. and has obtained SBT certification for this target. In addition to the SBT certification for Scope3, DENSO has set the goal of "achieving carbon neutrality throughout the entire supply chain by FY 2050(3)."
To attain these targets, DENSO will provide know-how on conserving energy by communicating closely with suppliers, as well as support for addressing issues faced by respective suppliers, such as switching to renewable energy and low-carbon materials. This approach will contribute to reducing the CO2 emissions generated during the manufacturing processes of components and raw materials procured by DENSO. Additionally, by developing products and systems that underpin the widespread use of electric vehicles, including HEVs, BEVs, and FCEVs, DENSO will work to decrease the CO2 emissions associated with the use of mobility incorporating its products.
In 2016, DENSO formulated "DENSO Eco Vision 2025," an action plan to realize sustainable communities and society by promoting efforts toward carbon neutrality. By the end of FY 2020, DENSO set the goal of "achieving carbon neutrality by FY 2035." By 2025, DENSO aims to switch to renewable electricity and achieve carbon neutrality for gas by using carbon credits, and to achieve carbon neutrality for electricity and gas without using carbon credits by 2035. To attain these objectives, DENSO is promoting various initiatives.
In FY 2021, Anjo Plant achieved carbon neutrality, followed by Nishio Plant, Hirose Plant, DENSO Fukushima, and DENSO Group companies across Europe in FY2022. Thanks to many years of efforts, DENSO was selected by CDP(4) for the A List(5), the highest rating, as a leading company in terms of efforts in "climate change" and "water security" and information disclosure in the evaluation of environmental efforts in FY2022.
Furthermore, with the goal of contributing to the overall reduction of societal CO2 emissions, DENSO aims to leverage the technology developed in the development of automotive components to establish and promote technologies for the collection and reuse of CO2 as well as the utilization of hydrogen.
DENSO will continue to accelerate its efforts toward CO2 reduction and contribute to the creation of a carbon-neutral society.
(1) The definitions of Scopes 1 to 3 are based on the brochure "Supply-chain emissions in Japan" published by the Ministry of the Environment.
Scope1: Direct emissions of greenhouse gases from activities under the control of the organization, such as fuel combustion and industrial processes.
Scope2: Indirect emissions resulting from the consumption of purchased electricity, heat, or steam.
Scope3: Other indirect emissions, including those from activities not owned or controlled by the reporting organization, but related to its activities.
(2) The SBTi is an international organization jointly established by the World Wide Fund (WWF), the CDP, the World Resources Institute (WRI), and the United Nations Global Compact (UNGC). Aiming to limit the global temperature increase to 1.5degC above pre-industrial levels as required by the Paris Agreement, the SBTi provides guidance to companies on setting specific targets based on scientific knowledge and awards SBT certification to companies that are recognized to meet the science-based targets (SBTs).
(3) The goal of "achieving carbon neutrality throughout the entire supply chain by FY 2050" has not been certified by SBT.
(4) CDP is a non-governmental organization (NGO) managed by a charity organization based in the U.K. It operates a global information disclosure system that enables investors, companies, nations, regions, and cities to manage their environmental impact.
(5) DENSO Receives Highest Rating from CDP in "Climate Change" and "Water Security"
For more information visit www.denso.com/global/en/news/newsroom/2023/20230810-g01/.
Sectors: Automotive, Alternative Energy
Copyright ©2023 JCN Newswire. All rights reserved. A division of Japan Corporate News Network.
Related Press Release
DENSO Announces Second Quarter Financial Results
October 31 2023 13:06 JST
DENSO Hosted a Press Conference at JAPAN MOBILITY SHOW 2023
October 26 2023 15:05 JST
KOITO and DENSO Collaborate to Enhance Night Driving Safety
October 19 2023 16:30 JST
DENSO to Exhibit at JAPAN MOBILITY SHOW 2023
October 16 2023 14:24 JST
DENSO announces a Strategic Minority Investment in Silicon Carbide LLC, Coherent's SiC Business
October 11 2023 09:21 JST
DENSO Launches "Everycool," a Commercial Vehicle Cooling System for Trucks that Improves Cooling Efficiency and Reduces Environmental Impact
September 11 2023 18:19 JST
DENSO Announces Organization and Personnel Changes
September 01 2023 08:53 JST
DENSO to Exhibit at IAA Mobility 2023 in Munich
August 24 2023 17:28 JST
DENSO to Establish a New Office in Tokyo to Offer New Value in the Greater Tokyo Area
August 10 2023 09:00 JST
DENSO Acquires Full Stake in Certhon Group, a Greenhouse Provider Based in the Netherlands
August 01 2023 17:15 JST
More Press release >>
Latest Press Release
GC Collaborates with MHI to explore the utilization of hydrogen, ammonia and CCS technology to develop a large-scale petrochemical plant to achieve Net Zero
Dec 01, 2023 17:22 JST
NEC named among IAM's 2023 Asia IP Elite
Dec 01, 2023 14:50 JST
Eisai's Sales Subsidiary Collaborates with Ministry of Public Health (MOPH) in Thailand
Nov 30, 2023 16:25 JST
Boosting Growth Investment to Power Mobility Company Transformation Toyota-DENSO Capital Ties Revised
Nov 30, 2023 16:17 JST
Olympus's Net-Zero Targets Approved by SBTi
Nov 30, 2023 11:00 JST
Fujitsu and Macquarie University establish new research lab to accelerate development of human sensing and generative AI technologies
Nov 30, 2023 09:34 JST
NEC X and Entrepreneurs Roundtable Accelerator (ERA) Forge Strategic Partnership to Advance East Coast-based Startups
Nov 29, 2023 18:37 JST
MHI Selected as Core Company for New Research Reactor for JAEA
Nov 29, 2023 18:22 JST
Toyota: Sales, Production, and Export Results for October 2023
Nov 29, 2023 16:17 JST
Toyota Re-introduces the Land Cruiser "70" in Japan
Nov 29, 2023 13:30 JST
Mitsubishi Shipbuilding Holds Christening and Handover Ceremony in Shimonoseki for Demonstration Test Ship for Liquefied CO2 Transport
Nov 28, 2023 17:47 JST
Hitachi awarded Sustainable Markets Initiative 2023 Terra Carta Seal
Nov 28, 2023 17:43 JST
MHI Succeeded Combustion Test of Ammonia Single-Fuel Burners
Nov 28, 2023 16:40 JST
JCB partners with FrenchSys to boost card acceptance across France
Nov 28, 2023 12:00 JST
Toyota Launches IMV 0 in Thailand Providing Mobility to Make People's Lives Better through Customizability
Nov 27, 2023 17:30 JST
MHI and Orica Announce Collaboration to Explore Emissions Reduction Opportunities
Nov 27, 2023 15:29 JST
Mitsubishi Motors to Launch the New Minicab EV Electric Commercial Vehicle in Japan in December
Nov 24, 2023 16:32 JST
DOCOMO to Showcase Diverse Technologies at docomo Open House '24
Nov 22, 2023 20:39 JST
Renewal of O&M Services Contract for APM System at Dubai International Terminal 3
Nov 22, 2023 20:21 JST
Hitachi Energy unveils new emission-free alternative to diesel- powered generators
Nov 22, 2023 20:05 JST
More Latest Release >>