Toshiba Group has set long-term greenhouse gas (GHG) emissions reduction targets throughout the entire value chain and is working to achieve them in line with our Environmental Future Vision 2050. Additionally, in the short term, we have set annual targets as part of the Environmental Action Plan.
To achieve our goals, we are working at our business and production sites in Japan and abroad to improve energy consumption efficiency by replacing inefficient equipment with energy-saving equipment and promoting energy-saving measures. We are also promoting the use of renewable energy, including on-site and off-site PPAs, as an alternative to fossil-fuel-derived energy.
In Toshiba Group's Electronic Devices & Storage Solutions business, which accounts for a large portion of the Group's emissions, we are working to reduce GHG emissions through measures such as improving productivity, promoting energy-saving measures, and introducing renewable energy. In addition, we are actively installing systems to capture and/or remove PFCs (perfluorocarbons) used in semiconductor manufacturing, and we are reducing emissions of PFCs, which have a high global warming potential.
Expanding the Introduction of Renewable Energy
Renewable energy accounts for 66.6%* of the Toshiba Group's total electricity consumption.
Based on Toshiba Group’s long-term GHG emissions reduction targets, we are promoting measures such as expanding the introduction of renewable energy at our sites worldwide to significantly reduce emissions and contribute to the realization of a decarbonized society.
In FY2024, 11 sites achieved 100% renewable electricity use, an increase of 8 sites from the previous fiscal year. We will continue to actively expand this initiative.
- Calculated using a market-based approach in accordance with the GHG Protocol “Scope 2 Guidance.”
Introduction of the Internal Carbon Pricing
In December 2022, Toshiba Group introduced the Internal Carbon Pricing (ICP) system to reduce GHG emissions (Scope 1 and 2) from our business activities. We convert the impact of the investments aiming at reducing GHG emissions on future business into economic value, then by using this information in investment decision making, we foster internal awareness and promote behavioral change toward carbon neutrality.
The ICP is established on a country-by-country basis based on the future outlook for GHG emission costs published annually by the International Energy Agency (IEA), and is reviewed periodically to enhance its operation.
- Carbon price within Toshiba Group（ICP） : <Japan> 16,877 yen/t-CO2（FY2025） *ICP is country-specific
- Scope : The investment aiming at reducing GHG emissions
- Application method : The amount of GHG emission reductions added as a "deemed benefit" by applying the ICP to the subject capital investment is used as the basis for investment decisions.
