Carbon Neutral Declaration

The OYO Group has declared that we will achieve carbon neutral by 2050.

Based on our management philosophy of "engineer a harmony between human society and the natural environment, sustain the safety and security of society from an engineering approach and achieve social contributions through development of the company's business", we provide our customers with solutions for climate change countermeasures in our business activities. Furthermore, as a corporate group that is trusted by society and aims for sustainable growth, the OYO Group recognizes our responsibility to actively address climate change in our own organizational activities.

By 2050, we will reduce the emissions of greenhouse gases (Scope 3) to net zero. This includes not only greenhouse gases from the Group's organizational activities, but also from all suppliers involved in the Group's business.

In order to achieve carbon neutrality, we will expand the use of renewable energy, promote energy saving measures, and further improve management efficiency by enhancing DX (Digital Transformation). We will disclose our progress as necessary.

Date of Establishment: February 10, 2023

Targets for Carbon Neutral

Fiscal Year Greenhouse gases emitted from business activities and organizational activities
FY 2050 Net-zero emissions for Scope 1, Scope 2, and Scope 3 (achievement of carbon neutral)
FY 2030 Net-zero emissions for Scope 1 and Scope 2

Initiatives for Carbon Neutral

Content of Initiative Status of Non-Consolidated Initiatives Status of Initiatives at Domestic Group Companies
Expand the use of electricity
(renewable energy)
Replace a portion of electricity from 2022 and expand usage Start implementation from around 2024
Change leased vehicles and rental cars to EVs, etc. Plan to begin replacing in order from the late 2020s
Switch to energy-saving appliances Replacement complete, sequentially updating Replacement underway, sequentially updating
Purchase of carbon credit Start purchase in response to circumstances such as national trends
Conversion of survey methods to save energy and reduce CO2 Survey methods such as electrification of borehole machines and use of synthetic fuels are currently under study and development, and introduction to start these methods in the early 2030s, conversion of survey methods to using IoT sensor services through DX (already started; working to expand use)
Replace with materials and equipment which reduce CO2 Materials and equipment under consideration, purchasing and handling to start in the late 2020s
Reduce CO2emissions by cutting down on business trips and overnight stays Promote web conferencing systems, remote presence, etc., and increase efficiency through IoT sensor services (already started; working to expand use) Promote web conferencing systems, remote presence, etc., and increase efficiency through IoT sensor services (Some companies have already started and working to expand use)
Invest and participate in businesses such as the renewable energy business and carbon offset business Consider investing in and participating in businesses such as the renewable energy business and carbon offset business by growing our current businesses
  • *1For domestic Group companies, we will start calculating GHG emissions from 2023, and plan to start full-scale efforts toward carbon neutral from 2023
  • *2For overseas Group companies, we will start calculating GHG emissions from 2024, and plan to start efforts toward carbon neutral from 2024