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KWE Group sets mid- to long-term goals for reducing KWE Group's CO₂ emissions and submits SBTi commitment letter
Aug. 16, 2023
Kintetsu World Express, Inc. is pleased to announce that the KWE Group has set near and long-term CO₂ emission reduction targets in line with the Paris Agreement 1.5°C goal. On August 10, we submitted a commitment letter to the Science Based Targets initiative (SBTi)1 for validation of our science-based targets2 based on the Paris Agreement goal for reduction of greenhouse gas emissions.
KWE Group CO₂ Reduction Targets
35% reduction from FY2022 (Scope 1 and 2)
Carbon neutrality (Scope 1 and 2)
We have identified emissions (reduction of CO₂ emissions to address climate change) and energy (promotion of the use of clean energy) as material topics for corporate sustainability. We have been moving ahead on a number of initiatives, including switching to LED lighting and electric forklifts, purchasing non-fossil fuel energy certificates for 100% renewable energy use in Japan, as well as participating in airline SAF programs.
Aiming now for validation of our SBT targets in line with the Paris Agreement 1.5°C goal, we will continue to actively work to reduce our CO₂ emissions in order to help create a sustainable society, support our ongoing growth, and increase corporate value.
1 Science Based Targets initiative: A collaboration between the World Wide Fund for Nature (WWF), CDP, World Resources Institute (WRI), and the United Nations Global Compact (UNGC).
2 Science based targets: Greenhouse gas reduction targets set by enterprises for the next 5 to 10 years, in line with the level required by the Paris Agreement.