Targeting Carbon Neutrality
Targeting Carbon Neutrality by 2040
The need to achieve carbon-neutrality is a global challenge. Our corporate philosophy is "to move the world forward as the leading provider of innovative logistics and material handling solutions." Consequently, preserving the global environment, as the very foundation of this philosophy, remains our top priority.
As a member of the Mitsubishi Heavy Industries Group, which boasts a proven track record in decarbonization, we believe it is our mission to take the lead in implementing countermeasures to fight climate change. In order to achieve carbon neutrality by 2040, the goal of the Mitsubishi Heavy Industries Group, we will contribute to the decarbonization, electrification, and enhancement of intelligence across all its businesses, products, and services.
Mitsubishi Heavy Industries Group 2040 Carbon Neutrality Declaration
CO2 emissions reduction targets
Target year | Our reduction of CO2 emissions from business activities |
---|---|
2030 | - 40% (relative to fiscal 2017) |
2040 | Net Zero |
We intend to reduce our global Scope 1 and 2* CO2 emissions to net zero by 2040. As an interim target, we will reduce emissions by 40% by 2030 (relative to fiscal 2017 levels). We are taking this approach to reduce CO2 emissions from our plants and offices in light of our Group’s production-centered business operations.
In addition, we are contributing to our customers' efforts to reduce their CO2 emissions through our products and services. The Mitsubishi Heavy Industries Group has declared that the entire Group will reduce CO2 emissions throughout its value chain to net zero by 2040. We will also take steps to achieve this goal by providing appropriate products and services in the logistics segment.
- * Under the GHG Protocol, Scope 1 and 2 emissions are the international standard for calculating and reporting greenhouse gas (GHG) emissions.
Initiatives and systems for achieving the goals
We will promote the following initiatives to reduce CO2 emissions associated with our business activities.
- 1. Increasing productivity
- 2. Promoting energy efficiency
- 3. Introducing innovative decarbonization technologies from within the Mitsubishi Heavy Industries Group
We will promote our efforts to reduce CO2 emissions of our customers through the development and provision of the following products and services.
- 1. Energy-efficient electric forklifts
- 2. Energy-efficient cargo-handling equipment that contributes to the decarbonization of port logistics
- 3. Logistics solutions that improve logistics efficiency
In addition, as forests are believed to play a key role in achieving carbon neutrality, we will consider additional initiatives to address the need for forest conservation and afforestation.
In order to promote such initiatives, we have established a Carbon Neutrality Committee under the guidance of the president. This is being managed as a climate change subcommittee to implement these initiatives forcefully under the Sustainability Council.