Kintetsu World Express Receives SBTi Approval for Greenhouse Gas Emissions Reduction Targets

Kintetsu World Express, Inc. (Tokyo, Japan) is pleased to announce that it has been approved by the Science Based Targets initiative (SBTi) for its near and long-term net-zero science-based greenhouse gas emissions reduction targets.

SBTi was established in 2015 as a joint initiative of the UNGC, WWF, WRI, and CDP, and aims to mitigate the global average temperature rise caused by climate change to 1.5°C above pre-industrial levels. To achieve this goal, SBTi encourages companies to set greenhouse gas emissions reduction targets based on scientific knowledge and evidence. SBTi certification is a global standard that recognizes companies for their concrete efforts to decarbonize.

In August 2023, we submitted a letter of commitment to SBTi and have been working since then to verify our greenhouse gas emissions data worldwide and set reduction targets along with concrete and effective reduction measures.

KWE Group Reduction Targets

Near-term targets

Scope 1 and 2 emissions: 42% reduction by FY2030 (compared to FY2023)

Scope 3 emissions: 25% reduction by FY2030 (compared to FY2023)

Long-term Targets

Scope 1 and 2 emissions: 90% reduction by FY2050 (compared to FY2023)

Scope 3 emissions: 90% reduction by FY2050 (compared to FY2023)

We will take this opportunity to increase our group-wide efforts to decarbonize our operations and continue to work proactively to combat climate change on a global scale.

Company Profile

Company name: Kintetsu World Express, Inc.

Representative: Tetsuya Yamanaka, President and Chief Executive Officer

Location: 24F, Shinagawa Intercity Tower A, 2-15-1 Konan, Minato-ku, Tokyo 108-6024, Japan

Establishment : 1970

Business : Freight forwarding, trucking, air freight forwarding agency, customs clearance, warehousing, and other businesses,

　　　　　 Customs clearance, warehousing, and other ancillary businesses

Capital ： 7,216 million yen

URL : https://www.kwe.com/