Yamaha Group’s Net-zero Target Validated by the SBTi

Net-zero greenhouse gas emissions across the value chain by 2050

Hamamatsu, Japan ― Yamaha Corporation announced that the Science Based Targets initiative (SBTi^*1), an international climate change initiative, has validated the Yamaha Group’s science-based net-zero target. The validation confirms the Group’s near term target ― recently revised to align with the 1.5°C target ― and its long term target to achieve net zero emissions by the fiscal year ending March 2051 (FY2051/3). The SBTi had previously approved Yamaha’s near term target in 2019 and validated its revision in 2021.

The Yamaha Group is committed to managing emissions reduction across the entire Group, including the supply chain, to steadily reduce total greenhouse gas emissions (Scope 1, 2, and 3). This will help mitigate rapid climate change, which poses a major threat to humanity and to all life forms on earth, and contribute to the transition to a decarbonized society.

The Yamaha Group’s Climate Change Response Measures
Response to Climate Change - Sustainability - Yamaha Corporation

• *1: The SBT initiative is an international initiative jointly established by CDP, the UN Global Compact, the World Resources Institute (WRI), and the World Wide Fund for Nature (WWF). It independently validates companies’ targets to help them set science-based greenhouse gas reduction targets to achieve the Paris Agreement targets.
• *2: Scope 1: Direct emissions from a company's own facilities from fuel combustion and other sources
  Scope 2: Indirect emissions from purchases of energy (electricity, steam, etc.)
  Scope 3: Indirect emissions other than Scope 1 and 2 (procurement of raw materials and parts, transportation, product use, etc.) from a company's own value chain