Climate Action

GHG reduction targets and actions

HORIBA regards actions for climate change as one of the most important issues in our business. HORIBA launched a new Mid-Long Term Management Plan “MLMAP2028.” In this plan, we have set a reduction target of carbon neutrality by 2050, with a milestone of 42% reduction of Scope 1, 2 GHG emissions from 2023 to 2033. HORIBA is going to introduce renewable energy as well as save energy at each global site.

In addition, we have disclosed Scope 3 GHG emissions. We calculated Scope 3 GHG emissions in 2023 for four Group companies in Japan. The boundary of Scope 3 GHG emissions in 2024 will be expanded to include all Group companies around the world.

Scope 1, 2 GHG emissions calculation

As part of MLMAP2028, we aim to reduce GHG emissions by 22,839 t-CO2e, which is equivalent to 42% of the 54,378 t-CO2e emitted in 2023, leading GHG emissions to be 31,539 t-CO2e by 2033.

We have discovered that some of the GHG emissions data for 2023 was incorrect and revised the Scope 1 and 2 emissions to 57,742 t-CO2e. The interim GHG emissions target remains at 31,539 t-CO2e. which increases the GHG reduction target to 26,203 t-CO2e, despite this increase, HORIBA will continue to endeavour to achieve carbon neutrality.

 

Scope 1, 2 GHG emissions of HORIBA Group

                              (t-CO2e)

  2022 20232024
Scope 1Japan24,83816,30217,725
Overseas39,01119,92718,006
Total63,84936,22935,731
Scope 2
(Market-Based)
Japan-11,97212,523
Overseas-  9,54110,971
Total-21,51323,494
Scope 2
(Location-Based)
Japan13,83413,78414,238
Overseas13,04113,48114,669
Total26,87527,26528,907
Scope 1 + Scope 2*Japan38,67228,27430,248
Overseas52,05229,46828,977
Total90,72457,74259,225

*Market-Based in 2023 and 2024

Scope 3 GHG emissions calculation

HORIBA Group has been working on the calculation of Scope 3 GHG emissions. We calculated Scope 3 GHG emissions in 2023 for four Group companies in Japan. When consolidating the figures for the four companies, the calculation method for HORIBA, Ltd., which had been disclosed earlier, was reviewed and some figures were revised.

After calculation of Scope 3 GHG emissions in 2024 , the boundary will be expanded to include all Group companies around the world. Based on these aggregation results, we will set Scope 3 reduction targets and further promote activities toward carbon neutrality.

 

Scope 3 GHG emissions of four group companies*1 in Japan

(t-CO2e)

 2023   
Total836,346
Category 1Purchased goods and services423,765
Category 2Capital goods18,220
Category 3Fuel- and energy-related activities not included in Scope 1 or Scope 2    2,237
Category 4

Upstream transportation and distribution*2

 12,085
Category 5

Waste generated in operations

       205
Category 6Business travel       643
Category 7

Employee commuting

   1,706
Category 8Upstream leased assetsInvolved in Scope 1, 2
Category 9

Downstream transportation and distribution

Involved in Category 4
Category 10

Processing of sold products

No applicable activities
Category 11Use of sold products374,515
Category 12End-of-life treatment of sold products        88
Category 13

Downstream leased assets

No applicable activities
Category 14

Franchises

No applicable activities
Category 15

Investments

     2,882

*1 HORIBA Ltd., HORIBA Advanced Techno, Co., Ltd., HORIBA STEC, Co., Ltd., and HORIBA TECHNO SERVICE, Co., Ltd.,

*2 Involves Category 9