Environment
Environmental Targets and Performance
Our Group promotes its unique and advance business with consciousness of global environment to solve social issues. Especially, climate change exerts a grave impact on the global environment, including its ecosystems, as well as on people's lives and business activities. We believe climate change constitutes a major risk confronting the Mitsubishi HC Capital Group, and simultaneously, may also bring new business opportunities. To clearly specify our policy, we are supporting recommendations by the Task Force on Climate-related Financial Disclosure (TCFD).
Furthermore, recognizing the importance to disclose climate-related financial information, we also endeavor to play our part in the realization of international targets identified by the United Nations Sustainable Development Goals (SDGs) and the Paris Agreement. To this end, we will act in collaboration with other Group companies as well as a broad range of stakeholders, including government agencies, external business corporations, and industrial associations to realize society"s transition with decarbonization.
We will expand disclosure regarding climate change information based on TCFD recommendations, and emphasize to urge the environmental conscious efforts through customers" business and the efforts to reduce greenhouse gas emissions of the Group.
We have established an Environmental Policy to facilitate business activities harmonizing with environment and society.
♦Third-Party assurance
Environmental data marked with ☑ have received limited assurance from SOCOTEC Certification Japan.
Key Environmental Achievements
Consumption Volume by energy Type
| Category/Energy Source (Unit) | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | |
|---|---|---|---|---|---|---|
| Direct Energy Consumption | Gasoline (kl) | 741 | 744 | 885 | 754 | 696 |
| Light oil (kl) | 264 | 108 | 146 | 218 | 192 | |
| Kerosene (kl) | 51 | 29 | 28 | 0 | 1 | |
| Heavy oil (m³) | - | - | - | 38 | 44 | |
| Urban gas (LNG) (m³) | 383,750 | 398,229 | 306,837 | 323,646 | 413,071 | |
| LPG (m³) | 0 | 0 | 3,936 | 4,473 | 4,376 | |
| Indirect Energy Consumption | Energy consumption (kWh) | 13,169,420 | 14,168,540 | 13,424,687 | 13,144,817 | 12,771,121 |
| Renewable energy consumption (kWh) | 3,308,174 | 4,450,646 | 5,154,773 | 9,570,938 | ||
| Percentage of renewable energy | 0 | 23.3% | 33.2% | 39.2% | 74.9% | |
| Purchased steam, hot water, and cooling water (GJ) | 9,386 | 10,601 | 814 | 1,006 | 891 | |
- The above figures pertain to Mitsubishi HC Capital and its major consolidated subsidiaries (Japan and overseas)
Consumption volume by energy type (calorific value)
| Category/Energy Source (Unit) | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | |
|---|---|---|---|---|---|---|
| Direct Energy Consumption | Gasoline (GJ) | 26,750 | 25,733 | 30,618 | 25,167 | 23,250 |
| Light oil (GJ) | 23,854 | 10,665 | 5,519 | 8,280 | 7,313 | |
| Kerosene (GJ) | 1,864 | 1,060 | 1,039 | 0 | 20 | |
| Heavy oil (GJ) | - | - | - | 1,487 | 1,702 | |
| Urban gas (LNG) (GJ) | 17,244 | 17,881 | 13,746 | 12,946 | 16,523 | |
| LPG (GJ) | 0 | 0 | 437 | 446 | 437 | |
| Total | 69,712 | 55,339 | 51,359 | 48,326 | 49,245 | |
| Indirect Energy Consumption (GJ) | 140,685 | 151,716 | 134,658 | 132,060 | 128,219 | |
| Total (GJ) | 210,397 | 207,055 | 186,017 | 180,386 | 177,464 | |
- The above figures pertain to Mitsubishi HC Capital and its major consolidated subsidiaries (Japan and overseas)
Volume of GHG emissions (Scope 1 and 2): Targets vs. results
| Short-term GHG Emissions Reduction Target | Energy usage in Japan: -1% compared to the prior fiscal year | ||
|---|---|---|---|
| Energy Consumption of Domestic Group Companies on a Consolidated Basis (GJ) | FY2023 (base year) |
FY2024 result |
Rate of reduction from FY2023 |
| 83,681 | 80,090 | -4.3% | |
| Medium- to Long-term GHG Emissions Reduction Target | 2030: -55% compared to FY 2019 2050: Net zero |
|||||
|---|---|---|---|---|---|---|
| Scope 1 and 2 GHG Emissions of the Group on a Consolidated Basis (market basis) (t-CO2e) | FY2019 (base year) |
FY2024 result |
Rate of reduction from FY2019 | FY2025 target |
FY2030 target |
FY2050 target |
| 11,292 | 4,458 | -60.5% | 7,904 | 5,081 | 0 | |
Volume of GHG emissions (Scope 1 and 2) (unit: t-CO2e)
| Category | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 |
|---|---|---|---|---|---|
| Scope 1 | 3,336 | 3,449 | 3,211 | 3,092☑ | 3,093☑ |
| Scope 2 (location basis) |
6,604 | 7,880 | 6,786 | 5,777☑ | 4,930☑ |
| Scope 2 (market basis) |
7,189 | 6,606 | 4,546 | 3,482☑ | 1,365☑ |
| Total of Scope 1 and 2 (market basis) |
10,525 | 10,055 | 7,757 | 6,574 | 4,458 |
- The above figures pertain to Mitsubishi HC Capital and its major consolidated subsidiaries (Japan and overseas)
- Environmental data marked with ☑ have received limited assurance from SOCOTEC Certification Japan.
Volume of GHG emissions (Scope 3) (Unit: t-CO2e)
| Category | FY2023 | FY2024 | ||||
|---|---|---|---|---|---|---|
| Category 1 | Purchased goods and services | 7,135☑ | 9,486☑ | |||
| Category 2 | Capital goods | 15,245☑ | 14,132☑ | |||
| Category 3 | Fuel and energy related activities not included in Scope 1 or Scope 2 | 1,586☑ | 1,570☑ | |||
| Category 4 | Transportation and distribution (upstream) | Not applicable | ||||
| Category 5 | Waste generated in operations | 5,123☑ | 2,190☑ | |||
| Category 6 | Business travel | 1,095☑ | 1,089☑ | |||
| Category 7 | Employee commuting | 2,431☑ | 2,424☑ | |||
| Category 8 | Leased assets (upstream) | Not applicable | ||||
| Category 9 | Transportation and distribution (downstream) | Not applicable | ||||
| Category 10 | Processing of sold Products | Not applicable | ||||
| Category 11 | Use of sold products | Accounting of emissions in this category will be considered going forward | ||||
| Category 12 | End-of-Life Treatment of Sold Products | Not applicable | ||||
| Category 13 | Leased assets*1 (downstream) | 6,570,471☑ | 7,932,547☑ | |||
| Category 14 | Franchise | Not applicable | ||||
| Category 15 | Investment*2 | 41,141☑ | 94,086☑ | |||
| Total of Scope 3 | 6,644,227☑ | 8,057,525☑ | ||||
- Environmental data marked with ☑ have received limited assurance from SOCOTEC Certification Japan.
- Pertaining to certain building leasing and aircraft leasing transactions
- Pertaining to certain real estate investment transactions
- For categories 2, 5, 13, and 15, the calculation method was changed from FY2023 in the process of acquiring assurance.
- The total amount of Scope 3 emissions is the sum of all categories' emissions amounts including fractional parts, and may therefore differ from the sum of the individually rounded emissions amounts shown above.
- The above figures pertain to Mitsubishi HC Capital and its major consolidated subsidiaries (Japan and overseas)
Output from renewable power generation facilities in operation (Unit: MW)
| Item | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 |
|---|---|---|---|---|---|
| Solar | 907 | 907 | 1,020 | 920 | 1,102 |
| Wind | 228 | 298 | 340 | 343 | 507 |
| Other | - | - | 4 | 29 | 29 |
| Total | 1,136 | 1,205 | 1,366 | 1,293 | 1,638 |
- Data calculated for managerial accounting purposes, including the balance of equity-method investment.
The above figures exclude financing projects and comprise output from the solar and wind power generation business, solar power generation under the Power Purchase Agreement (PPA) scheme, and the Virtual Power Plant (VPP) verification business. - The above figures pertain to Mitsubishi HC Capital and its major consolidated subsidiaries (Japan and overseas)
Water resources（Unit：m3）
| FY2023 | FY2024 | |
|---|---|---|
| Amount of water consumption | 6,214 | 6,270 |
- The above figures pertain to Mitsubishi HC Capital excluding some offices
Waste（Unit：t）
| FY2023 | FY2024 | |
|---|---|---|
| Amount of non-hazardous (municipal) waste | 148 | 176 |
- The above figures pertain to Mitsubishi HC Capital excluding some offices