Mitsubishi Logistics Corporation is pleased to announce that the greenhouse gas (“GHG”) emission reduction targets set by Mitsubishi Logistics and its consolidated subsidiaries (“Mitsubishi Logistics Group, which includes Cavalier Logistics) have been certified as Near-Term Targets by the SBTi* (Science Based Targets initiative). This certification indicates that the Mitsubishi Logistics Group's GHG emission reduction targets are scientifically consistent with the 1.5°C target level set by the Paris Agreement.
Near-Term Targets certified by SBTi
- Scope1+2 :By FY2030, reduce GHG emissions by 42% of the FY2022 level
- Scope3 :By FY2030, reduce GHG emissions by 25% of the FY2022 level
Mitsubishi Logistics Group places environmental responsiveness as one of its materialities. In our warehouses and leased buildings, we would build an electricity portfolio with low environmental impact by adding solar power generation facilities and concluding PPAs. In transportation, we would introduce EV vehicles, use renewable diesel, and promote a modal shift to rail and ship. We aim to realize a sustainable society by working together with our stakeholders to reduce GHG emissions throughout our supply chain.
*The SBT Initiative is an organization that certifies whether the greenhouse gas emission reduction targets, SBT (Science Based Targets), of companies and other entities are consistent with the emission reduction targets set by the Paris Agreement based on the latest climate science.
Contact
Corporate Communications Chamber
Mail to: koho@mitsubishi-logistics.co.jp