In 2024, Fast Retailing completed a corporate carbon footprint assessment and publicly disclosed its greenhouse gas (GHG) emissions according to the GHG Protocol, covering Scope 1 (direct emissions from owned or controlled sources), Scope 2 (indirect emissions from purchased energy) and Scope 3 (indirect emissions across the value chain).
Fast Retailing has also provided a category-level breakdown for 9 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.
| Metric (tCO2e) | 2024 | 2023 | 2022 | 2021 - 2017 |
|---|---|---|---|---|
Total Scope 1 | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Scope 2 | ||||
Market-Based | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Location-Based | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Scope 3 | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Scope 1 Revenue Intensity (tCO2e/$M) | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
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In 2024, the total operational greenhouse gas (GHG) emissions of Fast Retailing amounted to 306,120 metric tons of CO2 equivalent. This figure includes both direct emissions from owned or controlled sources (Scope 1) and indirect emissions from purchased energy (Scope 2). a
Compared to 2023, the total operational greenhouse gas (GHG) emissions of Fast Retailing decreased by 0.2%, showing that the company has made progress in taking action to reduce the climate impact of its operations. a
In 2024, the total Scope 1 emissions of Fast Retailing were 8,760 metric tons of CO₂ equivalent (tCO₂e). a
Since 2019, Fast Retailing's Scope 1 emissions have decreased by 28.75%, reflecting a declining long-term trend in Scope 1 emissions over time. a
Compared to the previous year (2023), Fast Retailing's Scope 1 emissions decreased by 8.35%, highlighting the company's efforts to lower direct emissions from assets it owns or controls. a
In 2024, Fast Retailing reported Scope 2 greenhouse gas (GHG) emissions of 43,154 tCO₂e using the market-based method and 297,360 tCO₂e using the location-based method. a
Since 2019, Fast Retailing's Scope 2 greenhouse gas (GHG) emissions ( Location-Based) have remained relatively stable, indicating that Fast Retailing 's emissions have plateaued with no significant change in its energy consumption footprint. a
Compared to the previous year (2023), Fast Retailing's Scope 2 emissions (Location-Based) have remained relatively stable, indicating that Fast Retailing 's emissions have plateaued with no significant change in its energy consumption footprint. a
In 2024, Fast Retailing reported its Scope 2 emissions using the market-based method and using the location-based method. a
In 2024, Fast Retailing reported 5,198,890 metric tons of CO₂ equivalent (tCO₂e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain. a
The 2024 disclosure of Fast Retailing includes a breakdown across 9 of the 15 Scope 3 categories defined by the GHG Protocol, up from 8 in 2023, reflecting improved emissions accounting practices and greater transparency across the company's value chain a
In 2024, Fast Retailing reported total Scope 3 emissions of 5,198,890 metric tons of CO₂ equivalent (tCO₂e). a
Approximately 85.36% of these emissions originated from upstream activities such as purchased goods and capital goods, while 14.64% came from downstream activities like product use, distribution, and end-of-life treatment. a
Since 2019, Fast Retailing's Scope 3 emissions have remained relatively stable, indicating that Fast Retailing 's emissions have plateaued with no significant change in its value chain footprint. a
Compared to the previous year (2023), Fast Retailing's Scope 3 emissions remained relatively stable, indicating that Fast Retailing 's emissions have plateaued with no significant change in its value chain footprint. a
In 2024, Fast Retailing reported emissions for 9 out of the 15 Scope 3 categories defined by the GHG Protocol. a
This partial disclosure allows for some insight into the company's indirect impacts.
In 2024, the largest contributors to Fast Retailing's Scope 3 emissions were: a
In 2024, Fast Retailing reported Scope 1 greenhouse gas (GHG) emissions of 8,760 tCO₂e and total revenues of USD 21,423 millions. This translates into an emissions intensity of 0.41 tCO₂e per millions USD. a
In 2024, Fast Retailing reported a Scope 1 emissions intensity of 0.41 tCO₂e per millions USD. Compared to the peer group median of 3.35 , this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors. a
In 2024, Fast Retailing ranked 4 out of 23 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD). a
This places Fast Retailing among the top performers, with one of the lowest emissions intensities relative to peers. a
In 2024, Fast Retailing reported a total carbon footprint of 5,505,010 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 3.8% decrease compared to 2023, indicating progress in reducing its overall greenhouse gas output. a
The largest contributor to Fast Retailing's total carbon footprint was Scope 3 emissions, accounting for 94.44% of the company's total carbon footprint, followed by Scope 2 emissions at 5.4%. a