Lixil Group

Lixil Group reported Total CO2e Emissions - Market-Based Scope 1 + Scope 2 for the twelve months ending 31 March 2021 at 923 Kt (-152 /-14.1% y-o-y).

Lixil Group's Scope 3 emissions tumbled to 107,017 Kt (-10,353 /-8.8% y-o-y). This is a higher rate of decline than over the period since 1Q'17 (-2.4% CAGR).

The company is committed to reducing Scope 1 + 2 by 30% by 2030 from a base year 2016, which translates into the estimated reduction of -13 Kt per annum over the period of FY2022 - FY2030. This target, however, has not been recognised as science-based (and as aligned with Paris Agreement) by the SBTi.

Lixil Group also has a science-based goal that, however, does not appear to explicitly target a company-wide reduction in emissions in absolute terms. Japanese building material manufacturer, LIXIL Group commits to reduce absolute Scope 1 and 2 emissions 30% by 2030 from a 2015 base-year,and commits to reduce Scope 3 emissions from product use 15% by 2030 from a 2015 base-year.