Energy Efficiency, GHG Emissions, Industrial - March 17, 2025
TDK Receives SBTi Verification
TDK Corporation, a Tokyo-based electronic solutions company, announced that its GHG emissions net zero targets are verified by the Science Based Targets initiative (SBTi).
The following TDK net-zero, long-term targets have been approved:
- Target 1: Reducing absolute Scope 1 and 2 GHG emissions by 90% within fiscal 2050 from a fiscal 2021 base year
- Target 2: Reducing absolute Scope 3 GHG emissions by 90% within fiscal 2050 from a fiscal 2021 base year
The approval of TDK’s long-term net-zero targets follows the prior approval of its near-term targets in June 2024, according to a statement. As part of the company’s efforts to achieve a net-zero target, TDK has introduced renewable energy sources into its operations.
Since July 2023, all manufacturing sites in Japan have operated with 100% electricity from renewable energy sources. TDK achieved the target of increasing the use of electricity from renewable energy sources to 50% across the entire group by fiscal 2025 in fiscal 2023, two years ahead of schedule. TDK will continue to aim to convert 100% electricity from renewable energy sources for the entire group by fiscal 2050.
Based on the SBT certification, TDK plans to further reduce GHG emissions and encourage its suppliers to set GHG emission reduction targets, which will lower reducing GHG emissions throughout its supply chain and contribute to a sustainable future.
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