In 2024, Fuji Electric 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).
Fuji Electric has also provided a category-level breakdown for 1 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.
| Metric (tCO2e) | 2024 | 2023 | 2022 | 2021-2019 |
|---|---|---|---|---|
Total Scope 1 | 130,000a | 140,000a | 140,000b | |
Total Scope 2 | ||||
Unspecified Calculation Method | 200,000a | 200,000a | 190,000b | |
Total Scope 3 | 53,600,000a | 54,600,000a | 176,670,000b | |
Total Scope 1 Revenue Intensity (tCO2e/$M) | 17.8453a | 18.4736a | 18.7678b |
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In 2024, the total operational greenhouse gas (GHG) emissions of Fuji Electric amounted to 330,000 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 Fuji Electric decreased by 2.94%, 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 Fuji Electric were 130,000 metric tons of CO₂ equivalent (tCO₂e).a
Since 2019, Fuji Electric's Scope 1 emissions have decreased by 40.91%, reflecting a declining long-term trend in Scope 1 emissions over time.a
Compared to the previous year (2023), Fuji Electric's Scope 1 emissions decreased by 7.14%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.a
In 2024, Fuji Electric reported Scope 2 greenhouse gas (GHG) emissions of 200,000 tCO₂e without specifying the calculation method.a
Since 2019, Fuji Electric's Scope 2 greenhouse gas (GHG) emissions (Unspecified Calculation Method) have decreased by 13.04%, reflecting a declining long-term trend in Scope 2 emissions over time.a
Compared to the previous year (2023), Fuji Electric's Scope 2 emissions (Unspecified Calculation Method) have remained relatively stable, indicating that Fuji Electric's emissions have plateaued with no significant change in its energy consumption footprint.a
In 2024, Fuji Electric reported its Scope 2 emissions using an unspecified methodology.a
In 2024, Fuji Electric reported 53,600,000 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 Fuji Electric includes a breakdown across 1 of the 15 Scope 3 categories defined by the GHG Protocol, matching the level of disclosure in 2023, demonstrating consistent Scope 3 emissions reporting coverage year over year.a
In 2024, Fuji Electric reported total Scope 3 emissions of 53,600,000 metric tons of CO₂ equivalent (tCO₂e).a
Approximately 0% of these emissions originated from upstream activities such as purchased goods and capital goods, while 100% came from downstream activities like product use, distribution, and end-of-life treatment.a
Since 2019, Fuji Electric's Scope 3 emissions have decreased by 56.07%, reflecting a declining long-term trend in Scope 3 emissions over time.a
Compared to the previous year (2023), Fuji Electric's Scope 3 emissions remained relatively stable, indicating that Fuji Electric's emissions have plateaued with no significant change in its value chain footprint.a
In 2024, Fuji Electric reported emissions for 1 out of the 15 Scope 3 categories defined by the GHG Protocol.a
The limited disclosure restricts visibility into specific emission sources across the company's value chain.
In 2024, the largest contributors to Fuji Electric's Scope 3 emissions were:a
In 2024, Fuji Electric reported Scope 1 greenhouse gas (GHG) emissions of 130,000 tCO₂e and total revenues of USD 7,285 millions. This translates into an emissions intensity of 17.85 tCO₂e per millions USD.a
In 2024, Fuji Electric reported a Scope 1 emissions intensity of 17.85 tCO₂e per millions USD. Compared to the peer group median of 7.8, this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors.a
In 2024, Fuji Electric ranked 22 out of 24 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD).a
This places Fuji Electric among the least efficient performers, with one of the highest emissions intensities in its sector.a
In 2024, Fuji Electric reported a total carbon footprint of 53,930,000 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 1.84% decrease compared to 2023, indicating progress in reducing its overall greenhouse gas output.a
The largest contributor to Fuji Electric's total carbon footprint was Scope 3 emissions, accounting for 99.39% of the company's total carbon footprint, followed by Scope 2 emissions at 0.37%.a