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Monday, 18 October 2021, 15:09 HKT/SGT
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Source: Mitsubishi Corporation
Mitsubishi Corporation Releases Roadmap to a Carbon Neutral Society

TOKYO, Oct 18, 2021 - (JCN Newswire) - Mitsubishi Corporation (MC) is pleased to announce that it has established new greenhouse-gas (GHG) emissions reduction targets and energy-transformation (EX) investment guidelines.In recognition of its multi-industry interests and business activities. MC will continue to simultaneously fulfill its responsibility to provide stable energy supply, such as natural gas, while rising to the global challenge of realizing a carbon neutral society.



1. GHG Emission Reduction Targets: Halve Emissions by FY2030 (FY2020 baseline) & Achieve Net-Zero Emissions by 2050

With the ultimate aim of achieving net-zero GHG emissions by 2050, MC has established a new, GHG target for FY2030 and set out concrete reduction measures (targets now include Scope 1/2 emissions for MC's affiliates based on the equity share approach - for details refer to MC Sustainability Website).

Related Page:Sustainable Website URL (https://mitsubishicorp.disclosure.site/en/themes/113#917)

2. EX Investments: 2 Trillion Yen by FY2030

MC will globally pursue EX initiatives including renewable energy, copper, natural gas, hydrogen and ammonia.

3. Roadmap

MC announced its "Roadmap to a Carbon Neutral Society" to its employees. Please refer to material attached.

Presentation Materials (PDF) (https://www.mitsubishicorp.com/jp/en/carbon-neutral/pdf/20211018.pdf)

4.Website

URL:https://www.mitsubishicorp.com/jp/en/carbon-neutral/

Contact:
Mitsubishi Corporation
Telephone:+81-3-3210-2171
Facsimile:+81-3-5252-7705


Topic: Press release summary
Source: Mitsubishi Corporation

Sectors: Environment, Alternative Energy
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