IWATA, Japan--(BUSINESS WIRE)--Yamaha Motor Co., Ltd. (TOKYO: 7272) announced today that it has reviewed the CO2 emission reduction targets in the Yamaha Motor Group Environmental Plan 2050 (hereinafter referred to as ”Environmental Plan 2050”) first formulated in 2018, and has set a new goal of aiming for carbon neutrality throughout all of its business activities, including across the life cycles of its products,* by 2050.
*Emissions as a direct result of business activities (Scope 1 and 2) and emissions outside of these (Scope 3).
This review of the Environmental Plan 2050 resets the vision (goals) for the Yamaha Motor group to aim for by 2050 as well as the targets to meet by 2030 and 2035, respectively. We will formulate a medium-term plan every three years and advance initiatives and activities toward these targets.
Based on this review, the Company will further accelerate its efforts toward achieving carbon neutrality, and by meeting its goals, continue to offer new excitement and a more fulfilling life for people all over the world.
Scope 1 and Scope 2 Targets(Emissions produced as a direct result of business activities)
We aim to halve our emissions by 2030 and then reduce them as much as 86% by 2050.
Scope 3 Targets (Emissions produced from the Company’s value chain)
We have set a target for reduction of 24% in 2030 and 38% in 2035, with a further reduction to 90% by 2050.
Uniquely Yamaha Motor Carbon-Neutral Strategies
Yamaha Motor has continuously offered personal mobility options with small environmental footprints and low CO2 emissions over the entire product life cycle, from raw material procurement and manufacturing to use and disposal. Toward realizing a carbon-neutral society in 2050, the Company will continue to offer new value by proposing new forms mobility unique to Yamaha Motor in addition to its signature motorcycles.
Aim to further reduce the CO2 emitted per person during movement
- Use efficient power sources and switch to power sources with low CO2 emissions
Promote use of personal mobility with low CO2 emissions
Integrated Report 2021