Setting Mid- and Long-Term Objectives and Progress

Independent Practitioner's Assurancecheckmark

While long-term objectives for CO2 reduction was being set for the world at COP21 in 2015, in order to contribute to the climate change measures as Komatsu, we set medium- and long-term objectives (2020, 2030) and determined to begin in FY2016 to take action based on these objectives.
In looking at CO2 generated in the life cycle of construction equipment products, we found that CO2 emissions during construction equipment use makes up approximately 90% of total emissions. Therefore, this time we are working on reducing CO2 emissions over the entire life cycle of construction equipment, and have set fuel efficiency goals for construction equipment products that are to be achieved by 2030.
In terms of CO2 reduction for domestic production-considering the electricity situation that resulted from the Great Eastern Japan Earthquake in 2011-we have set increasingly stringent objectives. Also, for production, in addition to the targets set for CO2 reduction, we set targets for our domestic and overseas factories regarding the amounts of waste generated and the amounts of water input, in order to promote efficient use of resources. And we set Mid- and Long-Term Objectives up to 2030 for CO2 in logistics.
Furthermore, in the medium-term management plans (FY2016 to FY2018) starting in FY2016, the increased promotion of efforts towards ESG was announced and the goals for CO2 emissions reduction rate per unit of production per quantity of work were set as key indicators.

Mid- and Long-Term Objectives

Area Object Application Index Base Year Mid- and Long-Term Objectives (reduction rate) Progress (results)
FY2016
2020 2030
Production

CO2

Japan

Improvement rate per unit of production

2000

57%

65%

41.0%

Overseas

Improvement rate per unit of production

2010

32%

40%

28.7%

Waste

Japan

Improvement rate per unit of production

2010

10%

20%

14.1%

Overseas

Improvement rate per unit of production

2010

10%

20%

15.1%

Water

Japan

Improvement rate per unit of production

2010

40%

50%

49.6%

Overseas

Improvement rate per unit of production

2010

10%

20%

32.9%

Logistics

CO2

Japan

Improvement rate per unit of production

2006

32%

39%

22.4%

Overseas

Improvement rate per unit of production

2011

13%

22%

− 9.3%*

Construction equipment products performance

CO2

Hybrid Hydraulic Excavator

Fuel Consumption Reduction Rate

2007

40%

45%

Under development

Normal Hydraulic Excavator (non-hybrid)

20%

25%

2-14%

  • Minus indicates an increase

Additional Objectives for Mid-Term Management Plan

Area Object Application Index Base Year 2025 Objectives
(rate of reduction)
Progress (results)
FY2016
CO2 during construction equipment usage

CO2

Construction equipment produced worldwide

Improvement rate per unit of production

2007

25%

7.4%

SBT (Science-Based Targets) Approved

Komatsu 's CO2 reduction objectives have been approved to be SBT as of April 11, 2017.
SBT (Science-Based Targets) is "setting goals that are compatible with science."
Although CO2 reduction objectives were submitted by various countries at the COP21 (Paris Agreement), even with the summation of target values, the average global temperature in 2100 cannot be held down to an increase of less than 2℃ compared to temperatures before the Industrial Revolution. Therefore, after a detailed examination by the businesses of the world, reduction objectives have been reassessed and SBTi (SBT initiative: CDP, Global Compact, WRI, WWF) is supporting and approving SBTs to reach the goal of an increase of less than 2℃.
Komatsu 's SBT meets the requisites of the temperature increase of less than 2℃ scenario.

Komatsu 's SBT

  1. SCOPE1+2: Base unit -49% (Target Year 2030; Base Year 2010)
  2. SCOPE3: Total -46% (Target Year 2030; Base Year 2012)
  • Furthermore, although Komatsu disclosed new mid- and long-term objectives (2020, 2030) in 2015, since the SBTi 's requisites (such as using the same base year for both domestic and overseas) has different conditions than the new mid- and long-term objectives, the target values differ, but the reduction rates are the same.