–92%Initiatives to Achieve Carbon Neutrality (Disclosure Based on TCFD Recommendations)Scope 1 and Scope 2 Targets–46%Greater efforts for nationally determined contributions among countries / territoriesIncreased focus on ESG factors in investingApplication of theoretical-value-based energy approach (energy-saving activities)Utilization of renewable energy sources (solar power, etc.)–80%Transition to cleaner energy mixesInstitution of carbon taxes and stricter environmental regulationsEquipment upgrades and production process reformsUse of electricity and non-fossil-fuel sources to meet equipment heat demandCarbon offsetsCarbon neutrality achieved2035:Carbon neutrality achieved earlyEmploy internationally recognized carbon offset methodsFuels used Scope 1 0.5%Other 2.2%Raw materials 15.9%Use of sold products Note: Calculations have been made using the Emissions Unit Value Database (Ver. 3.2) based on the Basic Guidelines on Accounting for Greenhouse Gas Emissions Throughout the Supply Chain (Ver. 2.4, issued Mar. 2022) issued by Japan’s Ministry of the Environment.Note: Reduction targets for the combined emissions of our major product categories (motorcycles, outboard motors, industrial robots, etc.)Breakdown of CO2 Emissions for the Entire Supply ChainScope 3 Targets–15%–24%–38%Tightening of regulations for ICE fuel efficiencyExpanded regulations for vehicle electrificationTransition to cleaner energy mixesWider use of carbon-neutral fuels (biofuel, hydrogen, synthetic liquid fuel, etc.)Improvement of ICE fuel efficiencyExpansion of BEV product lineupDevelopment of carbon-neutral fuel-compatible powertrainsElectricity used Scope 2 1.2%Scope 3 98.3%Generators / Snow blowers / Multipurpose engines 7%2021 life cycle CO2 emissions28.9 million t-CO2Category 11 80.2%Promotion of BEV modelsCarbon offsetsCategory 11Breakdown by Product–90%38CO2 emissions per unitBase year20102021External EnvironmentSpecific Measures Aiming for Supply Chain Carbon Neutrality: Achieving Scope 1 and Scope 2 Reduction Targets Ahead of Schedule Looking at CO2 emissions throughout Yamaha Motor’s supply chain, we see that Scope 1 and Scope 2 emissions—those emitted as a direct result of the Company’s business activities—only account for 1.7% of total emissions, whereas Scope 3 emissions—those from the Company’s value chain—constitute 98.3% of emissions. The largest component of our Scope 3 emissions is Category 11 (Use of sold products), which represents 80.2% of total emissions. Of Category 11 emissions, motorcycles com-prise 65% of total emissions while outboard motors account for 19%. At the same time, 80% of Yamaha Motor’s motorcycle sales are in Asia, and by supplying this market with compact, convenient, and affordable mobility options, we aim to contribute to sustainable growth in accordance with the United Nations’ Sustainable Development Goals by addressing the demand for the transportation of goods and services, helping expand the spheres of daily life, and bringing more options and opportunities for employment and education. Moreover, we look to develop and popularize more fuel-efficient products to help combat climate change. With the goal of achieving carbon neutrality on a global scale, Yamaha Motor aspires to offer products (next-generation mobility powered by electricity or renewable energy) presenting the most effec-tive means for cutting CO2 emissions based on the government energy policies and energy mixes of each country.203020352050CO2 emissions per unitBase year2010External EnvironmentSpecific Measures 202120302035Others 9%Outboard motors 19%Motorcycles 65%Employ internationally recognized carbon offset methods2050
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