Tokyo Century sets FY2050 carbon neutrality target, adds Scope 3 emissions coverage

• Tokyo Century set medium- to long-term carbon-neutrality targets covering Scope 1, Scope 2, Scope 3 emissions across its supply chain.
• Net-zero target for company vehicles, office electricity consumption by fiscal 2030.
• Interim goal: cut Scope 1 and Scope 2 emissions 62% by fiscal 2040 versus fiscal 2024.
• Carbon neutrality target for Scope 1 and Scope 2 by fiscal 2050.
• Scope 3 interim KPIs by fiscal 2040 include 60% electric-vehicle ratio, 95%+ reuse or recycling rate for expired leased assets.

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