IWATA, July 19, 2021 - Yamaha Motor announced today that it has reviewed the CO2 emission reduction targets in the Yamaha Motor Group Environmental Plan 2050 (hereinafter referred to as ”Environmental Plan 2050”) first formulated in 2018, and has set a new goal of aiming for carbon neutrality throughout all of its business activities, including across the life cycles of its products,* by 2050.
*Emissions as a direct result of business activities (Scope 1 and 2) and emissions outside of these (Scope 3).
This review of the Environmental Plan 2050 resets the vision (goals) for the Yamaha Motor Group to aim for by 2050, as well as the targets to meet by 2030 and 2035, respectively. We will formulate a medium-term plan every three years and advance initiatives and activities toward these targets.
Based on this review, the Company will further accelerate its efforts toward achieving carbon neutrality, and by meeting its goals, continue to offer new excitement and a more fulfilling life for people all over the world.