Environmental Data

Independent Assurance Report

The environmental data marked with ★ has been assured by KPMG AZSA Sustainability Co., Ltd. under the International Standards on Assurance Engagements 3000 and 3410.

Indicators Subject to Independent Assurance :

  • Sojitz Corporation: Electricity Consumption, GHG Emissions, Water Consumption, Waste Discharge, Resource Recycling Amounts, and Recycling Rate
  • Sojitz Group: Electricity Consumption, GHG Emissions, Water Consumption, Waste Discharge
  • Supply chain for the power sector (Sojitz Group’s supply chain related thermal coal interests, thermal coal sales, and petroleum gas power generation businesses): GHG emissions
  • Supply chain for the coking coal sector: GHG emissions

Read more

FY2024 Independent Practitioner's Limited Assurance Report


GHG emissions quantification is subject to uncertainty when measuring activity data, determining emission factors, and considering scientific uncertainty inherent in the Global Warming Potentials.

■ GHG

Sojitz Corporation’s GHG Emissions

1. Data and Results

(unit:t-CO2e)

  FY2019 FY2020 FY2021 FY2022 FY2023 FY2024
Scope1

energy-related CO2

14 25 28 24 25 22★
Scope2

energy-related CO2

Location based method 1,203 1,198 1,178 1,109 1,132 1,104★
Maket based method - - - - 911 10★
Total Scope 1+Scope 2 Location based method 1,217 1,223 1,207 1,133 1,157 1,127★
Maket based method - - - - 935 32★

2. Boundary of Data

Sojitz Corporation: Head office, Kansai Office, and branches (Hokkaido, Tohoku and Nagoya)

3. CO2 Emissions factors

[For electricity]
Location based method: We use the actual emission factors announced by the Electric Power Council for a Low Carbon Society (ELCS)
Market based method: We use the base emission factors of each electric power company (published by the Ministry of the Environment and the Ministry of Economy, Trade and Industry in March 2025).

[For energy-related CO2 from fuel]
Emission factors used for fuel are as specified by the Act on Promotion of Global Warming Countermeasures.

  • The reduction in emissions based on market standards is due to the use of renewable energy at the Head office from the FY2024 and at the Kansai office from the FY2023.

Sojitz Group’s GHG Emissions

1. Data and Results

(unit:t-CO2e)

  FY2019 FY2020 FY2021 FY2022 FY2023 FY2024
Scope1

energy-related CO2

979,348 721,934 721,769 751,233 577,458 532,203★

GHG emissions other than energy-related CO2*

- - - - - 48,701★
Scope2

energy-related CO2


Location based method 152,108 206,283 219,180 206,851 207,278 212,611★
Maket based method - - - - 204,475 189,852★

GHG emissions other than energy-related CO2*

- - - - - 5,827★
Total Scope 1+Scope 2 Location based method 1,131,456 928,217 940,948 958,084 784,736 799,343★
Maket based method - - - - 781,933 776,583★
Scope1 <Non energy-related CO2 and GHGs other than CO2 FY2019 FY2020 FY2021 FY2022 FY2023 FY2024

Non energy-related CO2

- - - - -286

Methane (CH4)

- - - - -41,052

Dinitrogen monoxide (N2O)

- - - - -2,557

Hydrofluorocarbons (HFCs)

- - - - -4,807

Perfluorocarbons (PFCs)

- - - - - -

Sulfur hexafluoride (SF6)

- - - - - -

Nitrogen trifluoride (NF3)

- - - - - -
Scope2 <Non energy-related CO2 and GHGs other than CO2 FY2019 FY2020 FY2021 FY2022 FY2023 FY2024

Non energy-related CO2

- - - - --

Methane (CH4)

- - - - -364

Dinitrogen monoxide (N2O)

- - - - -5,463

2. Boundary of Data

Sojitz Corporation, all domestic and overseas consolidated subsidiaries, and unincorporated joint ventures subject to reporting under the operational control approach.
*Energy-related CO2 refers to carbon dioxide emitted during the combustion of fossil fuels (coal, oil, gas).
*In addition to energy-related CO2, the following GHG emissions are also included in the calculation:
 CO2 :Coal ptoduction.
 CH4 :Fuel usage in facilities and machinery for fuel Combustion and coal production.
 N2O :Fuel usage in facilities and machinery for fuel Combustion.
 HFCs :Recovery and use of HFCs in commercial refrigeration and air conditioning equipment in the marine food products and processing businesses.

3. Target for Emissions Reduction

Group companies in Japan including Sojitz Corporation aim to reduce domestic GHG emissions by a 1% reduction rate per fiscal year.

Read more:

4. Emissions factors

Emissions are calculated with the calorific values and emission factors specified in the “Act on the Rational Use of Energy” and “Act on Promotion of Global Warming Countermeasures.

[For electricity]
・Location based method: In Japan, we use the actual emission factors announced by the Electric Power Council for a Low Carbon Society (ELCS) . Overseas, we use the factors according to country, as published by the International Energy Agency (IEA).
・Market based method: We use the factors of each electric power company in principle, but if it is not available, use the emission factors based on location based method.

[For Energy-related CO2 from fuel]
Emission factors used for fuel are as specified by the Act on Promotion of Global Warming Countermeasures.

[GHG emissions other than energy-related CO2]
Coal production: Emission factors set based on the emission factors published by Australia's National Greenhouse and Energy Reporting (NGER) scheme and and gas test measurement data are used.

Fuel usage in facilities and machinery for fuel Combustion: the emission factors stipulated in the Act on Promotion of Global Warming Countermeasures are used, and for calculating fuel usage in heavy machinery at coal mines, emission factors from the United States Environmental Protection Agency (EPA) are used.

Recovery and use of HFCs in commercial refrigeration and air conditioning equipment in the marine food products and processing businesses: the emission factors stipulated in the Act on Rational Use and Appropriate Management of Fluorocarbons (Fluorocarbon Emission Control Law) are used.

  • In the FY2023, we revised the boundary of the data collection and restated figures for the FY2019 to 2022.

Sojitz Group's GHG Emissions - Changes in Output

(unit:t-CO2e per person)

FY2019 FY2020 FY2021 FY2022 FY2023 FY2024
59.6 46.9 44.5 45.3 34.3 30.9

(GHG emissions by Sojitz Group companies worldwide, including Sojitz Corporation,divided by the number of employees belonging to consolidated subsidiaries worldwide)

Sojitz Group’s CO2 Scope 3 Emissions

(unit: 10,000 t-CO2e)

Category Y2024
Scope 3 1 Purchased goods and services 2,132
2 Capital goods 2
3 Fuel- and energy-related activities (not included in Scope 1 or Scope 2) 13
4 Upstream transportation and distribution 860
5 Waste generated in operations 1
6 Business travel 0
7 Employee commuting 0
8 Upstream leased assets 0
9 Downstream transportation and distribution (included in Category 4)
10 Processing of sold products 68
11 Use of sold products 2,973
12 End-of-life treatment of sold products 938
13 Downstream leased assets 0
14 Franchises 0
15 Investments 349
Total 7,336
  • Sojitz performs calculations for Scope 3 emissions using methodologies and assumptions set by the company. Figures include both third-party verified and unverified emissions.
  • Scope 3 emissions are measured for Sojitz Corporation, major consolidated subsidiaries (domestic and overseas) and unincorporated joint ventures subject to reporting emissions under the operational control approach.
  • Clear instances of double counting (the same emission source reported by multiple companies within the data scope) have been excluded from the calculations.
  • Instances in which Sojitz cannot identify the final products made using intermediate products sold by a Group company have been excluded from the calculations for category 10.
  • Products that directly emit GHG when in use (such as automobiles and machinery) have been included in the calculations for category 11.
  • Sojitz performs its calculations using the emission factors specified in the "Policy on Emission Unit Values for Accounting of Greenhouse Gas Emissions by Organizations Throughout the Supply Chain", the "Act on Promotion of Global Warming Countermeasures" published by the Ministry of the Environment and Ministry of Economy, Trade and Industry, as well as emission factors published by other industry organizations.

GHG emissions for supply chains in the power sector (Scope 1, Scope 2, and Scope 3)

1. Data and Results (FY2024)

Thermal coal

Scope Emission volumes
(t-CO2e)
Calculation methods / Other
Scope 1 and 2 65,130
category(*)
Scope3 1 Purchased goods and services 619,508 Calculated by multiplying the production of thermal coal traded by Sojitz by an emissions factor.
2 Capital goods 70 Calculated by multiplying the capital investment by an emissions factor.
3 Fuel- and energy-related activities
(not included in scope 1 or scope 2)
3,347 Calculated by multiplying the fuel and electricity consumption by emissions factors.
4 Upstream transportation and distribution 146,389 Calculated by multiplying the sold thermal coal traded by Sojitz (including that from the mines in which Sojitz holds equity interests) by transportation distance and emissions factors, or by multiplying fuel consumption by emissions factors. Transportation distance is calculated up until the trader in the case where the sales destination is a trader and Sojitz is unable to ascertain the destination beyond them.
5 Waste generated in operations 16 Calculated by multiplying the waste generated in operations by an emissions factor.
6 Business travel - -
7 Employee commuting - -
8 Upstream leased assets - Not applicable based on the specific attributes of the business
9 Downstream transportation and distribution - -
10 Processing of sold products - Not applicable based on the specific attributes of the business
11 Use of sold products 11,813,899 Calculated by multiplying the thermal coal traded by Sojitz by an emissions factor.
12 End-of-life treatment of sold products - Not applicable based on the specific attributes of the business
13 Downstream leased assets - Not applicable based on the specific attributes of the business
14 Franchises - Not applicable based on the specific attributes of the business
15 Investments -
Total 12,583,228
Total for supply chain 12,648,357★
  • Supply chain categories are in accordance with established GHG protocol

Oil & Gas

Scope Emission volumes
(t-CO2e)
Calculation methods / Other
Scope 1 and 2 14,682
category(*)
Scope3 1 Purchased goods and services - Not applicable based on the specific attributes of the business
2 Capital goods - -
3 Fuel- and energy-related activities
(not included in scope 1 or scope 2)
2,364 Calculated by multiplying the fuel and electricity consumption of the consolidated subsidiaries operating power plants by emissions factors.
4 Upstream transportation and distribution - Not applicable based on the specific attributes of the business
5 Waste generated in operations - -
6 Business travel - -
7 Employee commuting - -
8 Upstream leased assets - Not applicable based on the specific attributes of the business
9 Downstream transportation and distribution - Not applicable based on the specific attributes of the business
10 Processing of sold products - Not applicable based on the specific attributes of the business
11 Use of sold products - Not applicable based on the specific attributes of the business
12 End-of-life treatment of sold products - Not applicable based on the specific attributes of the business
13 Downstream leased assets - Not applicable based on the specific attributes of the business
14 Franchises - Not applicable based on the specific attributes of the business
15 Investments 1,454,981 The sum of the emissions from the power plants of the companies in which Sojitz holds equity interest, calculated by multiplying the fuel and electricity consumption by emission factors, and the emissions calculated by multiplying the production of oil and gas by emission factors.
Total 1,457,345
Total for supply chain 1,472,027★
  • Supply chain categories are in accordance with established GHG protocol

2. Boundary of Data

Sojitz Corporation, all domestic and overseas consolidated subsidiaries, and unincorporated joint ventures subject to reporting under the operational control approach.
Power sector supply chain (Sojitz Group’s supply chain related to thermal coal interests, thermal coal sales, and oil and gas power generation-related businesses)
In order to assess risks related to decarbonization, Sojitz conducts analysis of GHG emissions for the entire supply chain (Scope 1, Scope 2, and Scope 3). We prioritize refining our quantitative data in the power sector as it accounts for high GHG emissions and has a large-scale impact on our business.

3. CO2 Emissions factors

Calculated with the emission factors specified in the “Emissions Unit Values for Accounting of Greenhouse Gas Emissions, etc., by Organizations Throughout the Supply Chain," and "Act on Promotion of Global Warming Countermeasures" published by the Ministry of Economy, Trade, and Industry and the Ministry of the Environment.

GHG emissions for supply chains in the steel sector (Scope1, Scope2, and Scope3)

1. Data and Results(FY2024)

Coking coal

Scope Emission volumes
(t-CO2e)
Calculation methods / Other
Scope 1 and 2 62,331
category(*)
Scope3 1 Purchased goods and services 75,894 Calculated by multiplying the production of coking coal traded by Sojitz by an emissions factor.
2 Capital goods 10,171 Calculated by multiplying the capital investment by an emissions factor.
3 Fuel- and energy-related activities
(not included in scope 1 or scope 2)
10,183 Calculated by multiplying the fuel and electricity consumption by emissions factors.
4 Upstream transportation and distribution 43,770 Calculated by multiplying the sold coking coal traded by Sojitz (including that from the mines in which Sojitz holds equity interests) by transportation distance and emissions factors, or by multiplying fuel consumption by emissions factors. Transportation distance is calculated up until the trader in the case where the sales destination is a trader and Sojitz is unable to ascertain the destination beyond them.
5 Waste generated in operations 134 Calculated by multiplying the waste generated in operations by an emissions factor.
6 Business travel - -
7 Employee commuting - -
8 Upstream leased assets - Not applicable based on the specific attributes of the business
9 Downstream transportation and distribution - -
10 Processing of sold products - Not applicable based on the specific attributes of the business
11 Use of sold products 5,171,041 Calculated by multiplying the coking coal traded by Sojitz by an emissions factor.
12 End-of-life treatment of sold products - Not applicable based on the specific attributes of the business
13 Downstream leased assets - Not applicable based on the specific attributes of the business
14 Franchises - Not applicable based on the specific attributes of the business
15 Investments 293,191 Scope 1 and Scope 2 emissions of the coal mines in which Sojitz holds equity interest.
Total 5,604,384
Total for supply chain 5,666,715★
  • Supply chain categories are in accordance with established GHG protocol

2. Boundary of Data

Sojitz Corporation, all domestic and overseas consolidated subsidiaries, and unincorporated joint ventures subject to reporting under the operational control approach.
Steel making sector supply chain (Sojitz Group’s supply chain related to coking coal interests and coking coal sales)
In order to assess risks related to decarbonization, Sojitz conducts analysis of GHG emissions for the entire supply chain (Scope 1, Scope 2, and Scope 3). We prioritize refining our quantitative data in the sector as it accounts for high GHG emissions and has a large-scale impact on our business.

3. GHG Emissions factors

Calculated with the emission factors specified in the “Emissions Unit Values for Accounting of Greenhouse Gas Emissions, etc., by Organizations Throughout the Supply Chain," and "Act on Promotion of Global Warming Countermeasures" published by the Ministry of Economy, Trade, and Industry and the Ministry of the Environment.

Sojitz Corporation’s Scope 3 Emissions

Logistics-related CO2 Emissions

1. Data and Results

See the graph below to view Sojitz Corporation’s freight transport-related CO2 emissions in Japan, where Sojitz Corporation is classified as the owner of the goods according to the Energy Conservation Law.

(unit:t-CO2e)

FY2019 FY2020 FY2021 FY2022 FY2023 FY2024
8,918 9,847 10,828 8,980 8,718 5,208

2. Initiatives

Energy reduction initiatives include modal shifts, selecting the most appropriate type of vehicle, and strategically selecting transportation routes.

CO2 emissions resulting from overseas business trips

1. Data and Results

(unit:t-CO2e)

FY2019 FY2020 FY2021 FY2022 FY2023 FY2024
2,828 33 178 1,266 1,718 1,913

2. Boundary of Data

Refers to flights to/from Japan taken by Sojitz Corporation employees. We have divided business trip destinations into six areas and selected a major airport from each area to use in determining distances for the calculation of passenger kilometer data.

3. CO2 Emissions factors

Calculated with the emission factors specified in the "Emissions Unit Values for Accounting of Greenhouse Gas Emissions, etc., by Organizations Throughout the Supply Chain," published by the Ministry of Economy, Trade, and Industry and the Ministry of the Environment.

CO2 emissions resulting from commuting

1. Data and Results

(unit:t-CO2e)

FY2019 FY2020 FY2021 FY2022 FY2023 FY2024
472 722 756 702 743 814

2. Boundary of Data

Emissions from trains and buses used by Sojitz Corporation employees.

3. CO2 Emissions factors

Calculated with the emission factors specified in the "Emissions Unit Values for Accounting of Greenhouse Gas Emissions, etc., by Organizations Throughout the Supply Chain," published by the Ministry of Economy, Trade, and Industry and the Ministry of the Environment.

(CO2 emissions by Sojitz Group companies worldwide, including Sojitz Corporation,divided by the number of employees belonging to consolidated subsidiaries worldwide)

■ Energy

Sojitz Corporation’s Energy Consumption(Calorific value)

1. Data and Results

2. Boundary of Data

Sojitz Corporation: Head office, Kansai Office , and branches (Hokkaido, Tohoku and Nagoya)
In FY2024, the unit calorific conversion factors were revised, and figures for FY2019 to 2023 were restated.

Sojitz Group’s Energy Usage(Calorific value)

1. Data and Results

(unit:GJ)

FY2019 FY2020 FY2021 FY2022 FY2023 FY2024
Energy Usage(Calorific value) 18,203,338 14,137,265 14,961,181 15,372,013 12,644,834 12,059,075 ★

2. Boundary of Data

Sojitz Corporation, all domestic and overseas consolidated subsidiaries, and unincorporated joint ventures subject to reporting under the operational control approach

  • In FY2023, the boundary of the data collection was revised, and figures for FY2019 to 2022 were restated.
  • In FY2024, carolific conversion factors and the energy scope were revised, and figures for FY2019 to 2023 were restated.

■ Electricity

Sojitz Corporation's Electricity Consumption and GHG Emissions

1. Data and Results

(unit:thousand kWh)

  FY2019 FY2020 FY2021 FY2022 FY2023 FY2024
Total electricity consumption 2,610 2,599 2,623 2,596 2,554 2,539★
-Of total electricity, amount of electric power from renewable energy used 0 0 10 0 223 2,516
-generated internally utilizing renewable resources 0 0 0 0 0 0
-purchased renewable energy electricity amounts 0 0 0 0 223 227
-purchased non-fossil fuel certificates 0 0 10 0 0 2,289

2. Boundary of Data

Sojitz Corporation: Head office, Kansai Office, and branches (Hokkaido, Tohoku and Nagoya)
From the FY2024, our Head office has been using renewable energy. Similarly, our Kansai Office has been using renewable energy since the FY2023.

Sojitz Group’s Electricity Consumption

1. Data and Results

(unit:thousand kWh)

FY2019 FY2020 FY2021 FY2022 FY2023 FY2024
Total electricity consumption 220,930 263,805 266,035 295,834 311,811 340,747★
-Of total electricity, amount of electric power from renewable energy used 162 210 760 3,015 8,929 45,419
-generated internally utilizing renewable resources 0 4 70 1,582 3,290 4,215
-purchased renewable energy electricity amounts 162 206 680 1,433 5,639 38,914
-purchased non-fossil fuel certificates 0 0 10 0 0 2,289

2. Boundary of Data

Sojitz Corporation, all domestic and overseas consolidated subsidiaries, and unincorporated joint ventures subject to reporting under the operational control approach.

■ Water Consumption

Sojitz Corporation’s Water Usage

1. Data and Results

  • Water usage for the Tokyo head office and Kansai Office was calculated using an estimate based on the number of employees in each office.

2. Boundary of Data

Sojitz Corporation: Head office, Kansai Office excluding branches (Hokkaido, Tohoku and Nagoya).

Sojitz Group’s Water Usage

Sojitz Group’s Water Usage

1. Data and Results

(unit:million m3

FY2019 FY2020 FY2021 FY2022 FY2023 FY2024
Water Usage (freshwater) 4.77 5.03 4.50 4.97 5.36 5.64 ★

2. Boundary of Data

Sojitz Corporation, all domestic and overseas consolidated subsidiaries, and unincorporated joint ventures subject to reporting under the operational control approach

Water withdrawal by source

1. Data and Results

(unit:m3

  FY2019 FY2020 FY2021 FY2022 FY2023 FY2024
    Tap water, industrial water 3,020,934 3,351,857 2,971,193 3,318,064 3,718,103 3,602,270
Groundwater 521,059 456,654 462,202 472,977 438,276 515,803
River water 1,220,977 1,213,895 1,068,290 1,176,457 1,198,352 1,516,756
Rainwater 4,048 3,360 2,847 2,600 3,220 4,783
Freshwater total 4,767,018 5,025,766 4,504,531 4,970,099 5,357,952 5,639,613
Seawater 178,401,225 151,920,000 174,576,000 175,332,600 175,918,572 189,036,097
Total (including seawater) 183,168,243 156,945,766 179,080,531 180,302,699 181,276,524 194,675,710

2. Boundary of Data

Sojitz Corporation, all domestic and overseas consolidated subsidiaries, and unincorporated joint ventures subject to reporting under the operational control approach

Amount of wastewater discharged according to discharge site

1. Data and Results

(unit:m3

  FY2019 FY2020 FY2021 FY2022 FY2023 FY2024
    River 2,741,447 2,827,894 2,679,339 2,942,748 2,844,998 2,730,143
Sewer 245,527 166,796 773,007 672,474 311,352 353,213
Underground seepage 6,589 5,898 5,879 15,951 108,794 17,814
Other 112,954 68,323 33,471 66,065 140,537 244,339
Freshwater total 3,106,517 3,068,911 3,491,696 3,697,238 3,405,681 3,345,509
Ocean 177,677,695 151,275,080 173,784,135 174,651,748 175,201,281 188,322,693
Total (including seawater) 180,784,212 154,343,992 177,275,831 178,348,986 178,606,962 191,668,203

2. Boundary of Data

Sojitz Corporation, all domestic and overseas consolidated subsidiaries, and unincorporated joint ventures subject to reporting under the operational control approach

Recycle Rate for Water Used

1. Data and Results

FY2019 FY2020 FY2021 FY2022 FY2023 FY2024
9% 8% 3% 1% 1% 1%

(Amount of water recycled divided by total usage)

2. Boundary of Data

Sojitz Corporation, all domestic and overseas consolidated subsidiaries, and unincorporated joint ventures subject to reporting under the operational control approach

COD and BOD Amounts

1. Data and Results

(unit:t)

  FY2019 FY2020 FY2021 FY2022 FY2023 FY2024
COD 3,421 2,796 601 551 500 662
BOD 3,345 2,694 427 441 403 497

2. Boundary of Data

Sojitz Corporation, all domestic and overseas consolidated subsidiaries, and unincorporated joint ventures subject to reporting under the operational control approach

■ Waste Discharge

Sojitz Corporation’s Waste Discharge and Recycling Rates

1. Data and Results

2. Boundary of Data

Sojitz Corporation: Head office, Kansai Office, excluding branches (Hokkaido, Tohoku and Nagoya)

3. Target Recycling Rate

Office recycling target: Maintain a recycling rate of 90% for office waste.

4. Hazardous waste

(unit:t)

FY2019 FY2020 FY2021 FY2022 FY2023 FY2024
Hazardous waste* 0.02 0.02 0.13 0.03 0.02 0.03
  • The total amount of specially controlled industrial waste generated by Sojitz Corporation.

Sojitz Group’s Waste Discharge

1. Data and Results

(unit:t)

FY2019 FY2020 FY2021 FY2022 FY2023 FY2024
Waste Discharge 60,485 67,711 62,769 67,103 76,829 76,785 ★
-Amount recycled 8,281 7,100 18,000 32,939 15,736 10,851
-Amount disposed of 52,203 60,611 44,768 34,163 61,093 67,935

2. Boundary of Data

Sojitz Corporation, all domestic and overseas consolidated subsidiaries, and unincorporated joint ventures subject to reporting under the operational control approach

■ Paper Consumption

Sojitz Corporation’s Paper Usage

1. Data and Results

2. Boundary of Data

Sojitz Corporation: Head office, Kansai Office

■ Other Environmental Data

Sojitz Group's NOx, SOx and VOC Emissions

(unit:t)

  FY2019 FY2020 FY2021 FY2022 FY2023 FY2024
NOX (Nitrogen Oxides) 2,632 1,704 2,255 2,516 1,656 1,348
SOX (Sulfur Oxides) 408 593 358 717 518 152
VOC (Volatile Organic Compounds) 127 138 210 195 195 180