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  4. Contribution to decarbonized society

Contribution to decarbonized society

Contribute to widespread use of clean energy through climate change response and environmental efforts

The Tokyo Century Group recognizes that addressing environmental issues is a key management concern and will thus seek to contribute to the creation of an environmentally sound, sustainable economy and society and a decarbonized society based on the United Nations SDGs. To this end, the Group will act with due consideration for environmental issues, including the prevention of environmental pollution, reduction of greenhouse gas emissions, mitigation and adaptation to climate change impacts, and conservation of biodiversity and ecosystems, in all areas of its operating activities.

Our efforts to contribute to a decarbonized society include environmental activities in offices, the development of solar power and other renewable energy businesses, the promotion of the Financing Program for Joint Crediting Mechanism (JCM) Model Projects for reducing greenhouse gas emissions through collaboration with developing countries and for sharing emissions reduction benefits between involved countries, and other efforts for addressing climate change through our business activities.

Contribution to the SDGs

7 Affordable and clean energy / 13 Climate action

Opportunities

  • Expansion of scope of renewable energy and other environment-related businesses

Risks

  • Emergence of stranded assets with high greenhouse gas emissions

Logic Model and Impact KPI

This figure represents the upper part of Tokyo Century’s logic model. The pathway shows that the company’s outputs—such as carbon credit-linked leases, EV-related services, and renewable energy businesses—produce direct and intermediate outcomes, including the promotion of capital circulation for greenhouse gas emissions reduction and the acceleration of clean energy adoption. These efforts eventually culminate in the impact of contributing to a decarbonized society. The company has set Impact KPIs, such as the volume of purchased carbon credits and CO2 emissions reduced through the shift to EV and HV leasing. These initiatives align with SDGs 7 and 13.

Goals and Progress

Output KPIs

Scrollable horizontally

KPI Applicable companies Unit Target year Target Fiscal 2022 Fiscal 2023 Fiscal 2024
Transaction volume (leases, financing, investments, etc.) Tokyo Century Corporation and 15 major subsidiaries Billions of yen none none 296.2 344.7 324.0
Rate of electrified vehicle use (EVs, FCEVs, PHEVs, HVs) NCS, NRS*1 % none none 18.4 20.3 22.4
Ratio of aviation business assets represented by fuel-efficient aircraft*3 ACG*2 % Fiscal 2025 72.0% 56.0 61.9 66.3
Generation capacity of renewable energy facilities (solar power, biomass, etc.; figures as of March 31 of each fiscal year) 38 projects with involvement by Tokyo Century Group MW none none 750 888 1,079
Scope 1 and Scope 2 greenhouse gas emissions (reductions in greenhouse gas emissions) 97 Tokyo Century Group companies t-CO2 Fiscal 2030 50% reduction compared with FY2021 1,098,126 (19.5% reduction) 937,784 (31.3% reduction) 1,347,617 (1.3% reduction)
Fiscal 2040 Carbon neutrality
CDP (climate change) score 97 Tokyo Century Group companies none Fiscal 2025 Leadership level score (A- or A) B B B
(Environmental contributions through office activities)
Reduction of electricity use and CO2 emissions Companies applicable under environmental management system*4 kWh Fiscal 2025 Less than 1,745,200 kWh 1,593,216 1,612,032 1,658,656
t-CO2 Fiscal 2025 Less than 300 t-CO2 546 216 285
Reduction of per-area head office electricity use and CO2 emissions (intensity target) Tokyo Century Corporation kWh/m2 Fiscal 2030 Less than 56.9 kWh/m2 (38% reduction in comparison with FY2009) 67.69 66.94 61.91
t-CO2/m2 none none 0.017 0 0
Reduction of gasoline use (gasoline use, CO2 emissions, and fuel expenses) Companies applicable under environmental management system*4 L Fiscal 2025 Less than 52,000 L 49,937 48,789 46,768
t-CO2 Fiscal 2025 Less than 119 t-CO2 116 112 107
km/L Fiscal 2025 More than 15.5 km/L 16.1 17.3 18.0
Reduction of paper use (A4-size equivalent) Companies applicable under environmental management system*4 Thousands of sheets Fiscal 2025 Less than 9.5 million sheets 9,457 8,703 8,057

Impact KPI

Scrollable horizontally

KPI Applicable companies Unit Target year Target Fiscal 2022 Fiscal 2023 Fiscal 2024
Volume of carbon credits purchased Tokyo Century Corporation and TCCS*5 t-CO2 none none none 89,162 581
Contribution to CO2 emissions reductions through shift to electrified vehicle (EV and hybrid) leases NCS Thousand t-CO2 none none none 115 122
Contribution to CO2 emissions reductions through solar power generation business (annual generation volume, CO2 emissions reductions in comparison with conventional thermal power generation) Kyocera TCL Solar LLC and nine other solar power business companies*6 MWh Fiscal 2025 557,500 MWh or more 536,591 560,575 589,967
t-CO2 Fiscal 2025 210,456 t-CO2 or more 207,929 218,344 231,562
Anticipated greenhouse gas emissions reductions from JCM project adoption (aggregate) Tokyo Century Corporation t-CO2 Fiscal 2025 56,000 t-CO2 38,343 43,034 48,176

Sustainability

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