Cosmo Energy Holdings Co Ltd

Common Name
Cosmo Energy Holdings
Country
Japan
Sector
Energy
Industry
Oil & Gas Integrated
Employees
6,487
Ticker
5021
Exchange
TOKYO STOCK EXCHANGE
Description
Cosmo Energy Holdings Co., Ltd. is a prominent player in the energy sector, primarily focusing on the exploration, development, and sale of oil and petrochemical products. The company's operations are...

Cosmo Energy Holdings's Climate Target Data Preview

As of 2024, Cosmo Energy Holdings has disclosed 1 climate targets aimed at reducing its greenhouse gas (GHG) emissions. These include 1 absolute reduction target, signaling the company’s commitment to managing and lowering its carbon footprint over time. The targets span various emissions scopes and time horizons, offering insight into Cosmo Energy Holdings ’s climate strategy, ambition level, and alignment with global decarbonization goals.

Target TypeScope of TargetUnitTargetTarget Year
Absolute-based Target*
Scope 1 - Total, Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
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a
2030
*. This target is limited in scope and does not represent the company's full operational or organizational boundaries
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Verified Sources Behind Cosmo Energy Holdings’s Climate Targets Data

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a. Cosmo Energy Holdings's Integrated Report 2024
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Insights into Cosmo Energy Holdings's Greenhouse Gas Emissions Pathways

As of 2024, Cosmo Energy Holdings has set greenhouse gas (GHG) emissions reduction targets that cover its operational emissions (Scope 1 and 2), but not its value chain emissions (Scope 3). This means its reduction efforts currently focus on direct and purchased energy emissions. a

Does Cosmo Energy Holdings have a target to reduce the emissions from its operations?

As of 2024, Cosmo Energy Holdings has set a target to reduce its operational greenhouse gas (GHG) emissions, specifically those from Scope 1 and Scope 2 sources. a

Cosmo Energy Holdings's most ambitious operational target is to reduce these emissions by 30% by 2030, compared to a baseline of 6,860,000 Metric Tonnes of CO2 equivalent (mtCO2e) in 2013. a

As of 2023, Cosmo Energy Holdings is lagging behind on its operational emissions reduction target, having achieved 50% of the planned reduction. a

Cosmo Energy Holdings's Operational (Scope 1+2) Emissions Pathway

20132023203002 M4 M6 M8 MBaselineCurrent (-15%)Target 2030 (-30%)
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