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
In 2022 HORIBA expanded its boundary of Scope 1, 2 GHG emissions calculations to include all global sites. In 2024 HORIBA corrected its Scope 1, 2 GHG emissions value for 2022 to 90,724 t-CO2e.
The reason for the correction was due to insufficient information of high GWP GHG emissions from our operations. HORIBA have now improved the management system, and we have recalculated any GHG which does not have certification of decomposition as emitted.
We also revised the base and target year of the milestone for Scope 1, 2 GHG emission reduction.
We are going to reduce Scope 1, 2 GHG emissions by 42% from 2023 to 2033. Scope 1, 2 GHG emissions in 2023 is 54,378 t-CO2e, so we will reduce by 22,839 t-CO2e (42% of 54,378 t-CO2e) to less than 31,359 t-CO2e by 2033.
Scope 1, 2 GHG emissions of HORIBA Group
(t-CO2e)
| 2022 | 2023 | 2024 | ||
|---|---|---|---|---|
| Scope 1 | Japan | 24,838 | 12,938 | 17,725 |
| Overseas | 39,011 | 19,927 | 18,006 | |
| Total | 63,849 | 32,865 | 35,731 | |
| Scope 2 (Market-Based) | Japan | - | 11,972 | 12,523 |
| Overseas | - | 9,541 | 10,971 | |
| Total | - | 21,513 | 23,494 | |
| Scope 2 (Location-Based) | Japan | 13,834 | 13,784 | 14,238 |
| Overseas | 13,041 | 13,481 | 14,669 | |
| Total | 26,875 | 27,265 | 28,907 | |
| Scope 1 + Scope 2* | Japan | 38,672 | 24,910 | 30,248 |
| Overseas | 52,052 | 29,468 | 28,977 | |
| Total | 90,724 | 54,378 | 59,225 |
*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 | ||
|---|---|---|
| Total | 836,346 | |
| Category 1 | Purchased goods and services | 423,765 |
| Category 2 | Capital goods | 18,220 |
| Category 3 | Fuel- 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 6 | Business travel | 643 |
| Category 7 | Employee commuting | 1,706 |
| Category 8 | Upstream leased assets | Involved in Scope 1, 2 |
| Category 9 | Downstream transportation and distribution | Involved in Category 4 |
| Category 10 | Processing of sold products | No applicable activities |
| Category 11 | Use of sold products | 374,515 |
| Category 12 | End-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