Fast Retailing Co Ltd
Fast Retailing's GHG Emissions Data Preview
In 2023, 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 8 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 | 0000000 | Copy restricted. Please purchase to unlock this data.  | Copy restricted. Please purchase to unlock this data.  | 0000000 |
Total Scope 2 | ||||
Market-Based | 0000000 | Copy restricted. Please purchase to unlock this data.  | Copy restricted. Please purchase to unlock this data.  | 0000000 |
Location-Based | 0000000 | Copy restricted. Please purchase to unlock this data.  | Copy restricted. Please purchase to unlock this data.  | 0000000 |
Total Scope 3 | 0000000 | Copy restricted. Please purchase to unlock this data.  | Copy restricted. Please purchase to unlock this data.  | 0000000 |
This table provides a simplified preview of selected GHG emissions data points. To access the complete dataset with full disclosures, detailed breakdowns, and source traceability, create a free account to view purchase options.
Insights into Fast Retailing's Operational Emissions
In 2023, the total operational greenhouse gas (GHG) emissions of Fast Retailing amounted to 306,738 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).
Compared to 2022, the total operational greenhouse gas (GHG) emissions of Fast Retailing increased by 3.68%, suggesting that the company faced challenges in reducing its emissions from its core operations.
Fast Retailing's Scope 1 Emissions Over Time
- Total Scope 1
- Year-over-Year Change
What are Fast Retailing's Scope 1 emissions?
In 2023, the total Scope 1 emissions of Fast Retailing were 9,558 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).
Has Fast Retailing reduced its Scope 1 emissions over time?
Since 2019, Fast Retailing's Scope 1 emissions have decreased by 22.26%, reflecting a declining long-term trend in Scope 1 emissions over time.
Compared to the previous year (2022), Fast Retailing's Scope 1 emissions decreased by 1.85%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.
What are Fast Retailing's Scope 2 emissions?
In 2023, Fast Retailing reported Scope 2 greenhouse gas (GHG) emissions of 85,502 tCOâ‚‚e using the market-based method, and 297,180 tCOâ‚‚e using the location-based method.
Has Fast Retailing reduced its Scope 2 emissions over time?
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.
Compared to the previous year (2022), 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.
What methodology does Fast Retailing use for Scope 2 reporting?
In 2023, Fast Retailing reported its Scope 2 emissions using the market-based method and using the location-based method.
Fast Retailing's Scope 2 Emissions Over Time
- Total Scope 2 Location-Based
- Total Scope 2 Market-Based
Insights into Fast Retailing's Value Chain Emissions
In 2023, Fast Retailing reported 5,415,950 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.
The 2023 disclosure of Fast Retailing includes a breakdown across 8 of the 15 Scope 3 categories defined by the GHG Protocol, matching the level of disclosure in 2022, demonstrating consistent Scope 3 emissions reporting coverage year over year.
Fast Retailing's Scope 3 Emissions Over Time
- Total Scope 3
- Year-over-Year Change
What are Fast Retailing's Scope 3 emissions?
In 2023, Fast Retailing reported total Scope 3 emissions of 5,415,950 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).
Approximately 86.12% of these emissions originated from upstream activities such as purchased goods and capital goods, while 13.88% came from downstream activities like product use, distribution, and end-of-life treatment.
Has Fast Retailing reduced its Scope 3 emissions over time?
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.
Compared to the previous year (2022), 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.
What categories of Scope 3 emissions does Fast Retailing disclose?
In 2023, Fast Retailing reported emissions for 8 out of the 15 Scope 3 categories defined by the GHG Protocol.
This partial disclosure allows for some insight into the company's indirect impacts.
What are the main sources of Fast Retailing's Scope 3 emissions?
In 2023, the largest contributors to Fast Retailing's Scope 3 emissions were:
- Purchased Goods and Services (Cat. 1): 3,977,760 tCOâ‚‚e (73.45%)
- End-of-Life Treatment of Sold Products (Cat. 12): 750,291 tCOâ‚‚e (13.85%)
- Upstream Transportation and Distribution (Cat. 4): 503,393 tCOâ‚‚e (9.29%)
Fast Retailing's Scope 3 Emissions by Categories
Insights into Fast Retailing's Total Carbon Footprint
In 2023, Fast Retailing reported a total carbon footprint of 5,722,688 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 5.2% decrease compared to 2022, indicating progress in reducing its overall greenhouse gas output.
The largest contributor to Fast Retailing's total carbon footprint was Scope 3 emissions, accounting for 94.64% of the company's total carbon footprint, followed by Scope 2 emissions at 5.19%.