Omron

Omron reported Total CO2e Emissions - Market-Based Scope 1 + Scope 2 for the twelve months ending 31 March 2021 at 123 Kt (-43 /-25.7% y-o-y).

Omron's Scope 3 emissions increased to 10,996 Kt (+239/+2.2% y-o-y). The growth accelerated relative to the long-term trend (+0.3% CAGR) observed since 1Q'17.

The company is committed to achieving net zero for Scope 1 + 2 by 2050, which translates into the estimated reduction of -4.3 Kt per annum over the period of FY2022 - FY2050. This target, however, has not been recognised as science-based (and as aligned with Paris Agreement) by the SBTi.

Omron also has a science-based goal that, however, does not appear to explicitly target a company-wide reduction in emissions in absolute terms. OMRON Corporation commits to reduce absolute scope 1 and 2 GHG emissions 65% by FY2030 from a FY2016 base year. OMRON Corporation also commits to reduce absolute scope 3 GHG emissions from use of sold products 18% within the same timeframe.