SATO Transitions Vietnam Factory to 100% Renewable Energy

Implementation of International Renewable Energy Certificates (I-RECs)

TOKYO--(BUSINESS WIRE)--SATO Holdings Corporation is proud to announce that its subsidiary, SATO Vietnam Co., Ltd., is transitioning to 100 percent renewable energy through the implementation of International Renewable Energy Certificates (I-RECs).

SATO Vietnam is one of the SATO Group’s main manufacturing centers of printers and hand labelers that are shipped globally. Starting in 2025, the factory is shifting its entire annual electricity consumption -- approximately 1,228 MWh¹ -- to renewable energy through the I-RECs scheme.

Understanding I-RECs

I-RECs are globally recognized certificates that verify the origin and type of renewable energy. They are used in over 60 countries, including Japan and parts of Asia, South America and Africa. Moving forward, SATO will utilize I-RECs with the aim of achieving a reliable source of electricity from renewable energy sources in Vietnam, for the indirect reduction of CO2 emissions.

Commitment to sustainability

As part of its commitment to environmental conservation, the SATO Group actively promotes sustainability across all business operations. This initiative aligns with its environmental policy to “conserve energy used in our business activities while expanding use of renewable energy to reduce our carbon footprint.”

SATO’s decarbonization goals

The SATO Group is dedicated to reducing its carbon footprint and has set the following targets:

• Reduce global Scope 1 and 2 emissions by 50 percent (compared to FY 2016 levels) by FY 2030.
• Achieve net-zero emissions across all operations by FY 2050.
• Cut Scope 3 emissions (throughout the supply chain) by 30 percent globally by FY 2030, relative to FY 2021 levels.

Our progress in reducing emissions
Area	Key indicators	FY 2016	FY 2021	FY 2022	FY 2023	FY 2030
		results	results	results	results	targets
Groupwide	Scope 1 and 2	11,931	10,252	8,709	12,188	5,965
	CO2 emissions
	Relative to	-	Down 14.1%	Down 27.0%	Up	Cut by 50%
	FY 2016				2.20%
Japan	Scope 3	299,300	332,652	314,271	318,269	232,856
	CO2 emissions
	Relative to	-	-	Down 5.5%	Down 4.3%	Cut by 30%
	FY 2021

Looking ahead

SATO remains committed to reducing environmental risks, preventing pollution and improving sustainability across its supply chain. The company will continue efforts in resource and energy conservation, waste reduction and the development of eco-friendly products and services. Additionally, SATO will work closely with local communities to support biodiversity and further contribute to a sustainable future.

1. Actual electricity consumption for FY 2023.

About SATO Vietnam Co., Ltd.

SATO Vietnam manufactures and ships high-quality compact and mobile barcode printers and hand labelers for SATO Group customers worldwide. Located in the Thang Long Industrial Park in Hanoi, Vietnam, it was established in 2004 and inherits the spirit of Ceaseless Creativity from SATO’s late founder, Yo Sato.
For more, visit: https://satoasiapacific.com/vietnam/printer-hand-labeller-production/

About SATO

SATO (TOKYO:6287) designs and manufactures hardware, labels and tags and develops software to integrate with third party offerings as automatic identification solutions. These solutions streamline workflows, enabling data capture and visualization for a connected world of productivity, safety, reassurance and sustainability. By giving things a digital identity, SATO helps businesses in retail, manufacturing, food, health care and transport & logistics run smoothly. Founded in 1940, SATO has a presence in 26 countries with a workforce of over 5,700. For the fiscal year ended March 31, 2024, it reported revenues of 143,446 million yen ($992 million*)

More information about SATO can be found at www.sato-global.com.

*Based on an average exchange rate of 1 USD = 144.58 JPY