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Published on 10/28/2025
at 01:04 am EDT

Publicnow

Sustainability

Greenhouse Gas (GHG) Reduction Targets for 2030 and Status of Initiatives

Greenhouse Gas (GHG) Emissions Status and Reductions Achieved

The Group has declared “Care for the global environment” to be one of the items of materiality—the primary social issues the Group aims to tackle through its corporate activities—and has taken steps to help mitigate global warming, including the promotion of energy alternatives through recycling and the use of biomass power generation.

In December 2020, we formulated “SOCN2050,” our vision outlining the path to carbon neutrality for the Sumitomo Osaka

Cement Group by 2050, and set a number of specific medium-term targets. Through the implementation of a variety of measures up to 2050, we are taking on the challenge of making the Group’s corporate activities carbon

Greenhouse Gas Emissions in the Value Chain: Scope 3 (Fiscal 2024)

Category

Calculation method

CO2 emissions (1,000t-CO2eq)

1 Purchased goods and services

42

Calculated by multiplying the amount of natural materials for cement manufacturing purchased from non-Group companies by the CO2 basic unit

basic unit

Capital goods Calculated by multiplying the recorded amount of new non-current assets by the CO2 73

neutral, while advancing initiatives that contribute to the decarbonization of society as a whole through our supply chain.

Fuel- and energy-related activities

not included in Scope 1 or 2

Transportation and delivery

Calculated by multiplying the amount of thermal energy purchased for cement

manufacturing and the amount of electricity purchases by the CO2 basic unit

Periodically reported figure based on the Act on Rationalizing Energy Use

290

Introduction

The Group’s greenhouse gas (GHG) emissions status is shown below. It should be noted that,

(upstream)

(measures pertaining to consignors and transportation operators) 25

basic unit

due to significant changes in the external environment—including the recent announcement by the Japanese government of new emissions reductions targets (Nationally Determined Contributions, or

Waste generated in operations Calculated by multiplying the amount of waste outsourcing fees, etc., by the CO2

0.4

NDCs) for 2025, as well as the anticipated launch of the CO2 emissions trading scheme (GX-ETS) starting in fiscal 2026—we are proceeding with revisions to SOCN2050, aiming for an early

Business travel Calculated by multiplying total travel expenses for business trips by the CO2 basic unit 2

Employee commuting Calculated by multiplying total travel expenses for commuting by the CO2 basic unit 0.4

announcement in fiscal 2026.

Transportation and delivery (downstream)

Periodic report values based on the Energy Conservation Act (measures pertaining to shipping and transportation companies)

110

Processing of sold products Calculated by multiplying the volume of cement sold by the CO2 basic unit 58

Greenhouse Gas Emissions Volume of the Sumitomo Osaka Cement Group

8,896

8,989

8,134

8,248

8,700

8,810

(1,000 t-CO2eq)

Waste from sold products Calculated by multiplying the volume of cement sold converted into concrete by the CO2

per area

basic unit

Leased assets (downstream) Calculated by multiplying the floor area of the rented building by the CO2 emission unit

477

Value Creation Strategy

2

Sustainability

FY2020

FY2021

FY2022

FY2023

FY2024

Scope 1 ( 3 + 4 + 5 + 6 )

8,425

7,712

7,466

7,716

7,188

6,900

8,230

7,540

7,307

Scope 2

Volume of GHG emissions (Net CO2 equivalent)

Scope 3 total 1,079

Value Creation Story

Categories 1 and 3: Sumitomo Osaka Cement, Hachinohe Cement Co., Ltd.

Category 9: Sumitomo Osaka Cement, Hachinohe Cement Co., Ltd., Wakayama Slag Cement Co., Ltd. Other categories: Sumitomo Osaka Cement

Note: Source of basic unit “Embodied Energy and Emission Intensity Data for Japan Using Input-Output Tables (3EID)” (National Institute for Environmental Studies, Japan)

“Inventory Database IDEA” (National Institute of Advanced Industrial Science and Technology)

“Database of Emissions Unit Values for Accounting for Greenhouse Gas Emissions, etc., by Organizations Throughout the Supply Chain (Ver. 3.2)” (Ministry of the Environment)

“Explanations by Industry (Cement Production) for the Basic Guidelines on Accounting for Greenhouse Gas Emissions Throughout the Supply Chain (Ver. 1.0)” (Japan Cement Association)

Note: The calculated values for categories 4 and 9 include emissions from transportation by Group company SOC Logistics Co., Ltd., which overlap with the calculated values for Scope 1 and Scope 2 emissions.

Initiatives Toward Achieving the 2030 Reduction Targets

FY2030 reduction targets

30% reduction in energy-related CO2 emissions intensity derived from cement manufacturing, compared with fiscal 2005 levels (equivalent to a 45% reduction in emissions)

Governance

FY2020

FY2021

FY2022

FY2023

FY2024

Energy-related CO2

1

3,654

3,706

3,380

3,684

3,586

Of which, energy-related CO2 (derived from waste):

2

524*

566*

Scope1

3

3,458

3,527

3,185

3,512

3,427

Scope2

196

179

195

172

159

Non-energy-related CO2 (derived from processes)

4

4,260

4,320

4,130

3,930

3,780

Non-energy-related CO2 (derived from waste)

5

762

741

709

—*

—*

Other GHGs

6

220

222

206

98

100

(kg-CO2/t-cement)

Energy-related CO2 emissions

intensity derived from cement manufacturing (excluding waste-derived CO2 emissions)

Results

Targets

FY2005 FY2024

316 263

FY2030

220

Volume of GHG emissions (net CO2 equivalent)

1 + 4 + 6 – 2

8,134

8,248

7,716

7,188

6,900

Volume of GHG emissions (CO2 equivalent)

1 + 4 + 5 + 6

8,896

8,989

8,425

7,712

7,466

Note: Scope 1: Direct emissions of GHGs via business operators (burning of energy, manufacturing processes)

Note: Scope 2: Indirect emissions of GHGs due to the use of electricity, heat and steam supplied by other companies

Note: Total GHG emissions (net CO2 equivalent): CO2 derived from recyclable materials such as biomass and waste is excluded from total GHG emissions, based on the World Business Council for Sustainable Development (WBCSD) concept of net CO2 emissions.

* Starting from fiscal 2023 results, waste-derived emissions have been changed to energy-related CO2 (derived from waste) due to the amendment of Japan’s Energy Conservation Act.

The Company and 48 major affiliates

Maintain top-class fossil energy substitution rate by further expanding use of recyclable materials

1

Data Section

Fossil fuel substitution rates at both our Tochigi and Gifu plants in fiscal 2024 reached the 65 to 69% range, placing them among the leaders in the industry.

Targets

Achieve more than 50% average fossil energy substitution rate company-wide

Achieve more than 80% fossil energy substitution rate at the Group’s five plants and four of its eight kilns

2

Reduce electric energy use through thermal efficiency and the minimization of electricity consumption (upgrade to cutting-edge raw material crushing process)

3

Reduce fossil energy use from in-house power generation (greater volume of wood chips and other biomass fuels)

Disclaimer

Sumitomo Osaka Cement Co. Ltd. published this content on October 28, 2025, and is solely responsible for the information contained herein. Distributed via Public Technologies (PUBT), unedited and unaltered, on October 28, 2025 at 05:03 UTC.

Sep. 24

Tranche Update on Sumitomo Osaka Cement Co., Ltd.’s Equity Buyback Plan announced on May 13, 2025.

CI

Sep. 21

Sumitomo Osaka Cement Co., Ltd.’s Equity Buyback announced on May 13, 2025, has closed with 1,298,900 shares, representing 3.98% for ¥4,999.78 million.

CI

Sep. 17

Sumitomo Osaka Cement Subscribes to 15% Stake in Phinma Unit

MT

Sep. 16

PhilCement Corp. announced that it has received funding from Sumitomo Osaka Cement Co., Ltd.

CI

Jul. 01

Tranche Update on Sumitomo Osaka Cement Co., Ltd.’s Equity Buyback Plan announced on May 13, 2025.

CI

Jun. 06

Traders Scan AGM Notices for Signs of Activist Investors in Japan

MT

Jun. 02

Sumitomo Osaka Cement Repurchases Shares Worth 927.3 Million Yen

MT

May. 13

ASO Corporation completed the acquisition of 35.44% stake in Yotai Refractories Co., Ltd. from Capital Gallery Co., Ltd., UGS Asset Management Co., Ltd., Sumitomo Osaka Cement Co., Ltd. and Capital Management Ltd.

CI

May. 13

Sumitomo Osaka Cement Co., Ltd. announces an Equity Buyback for 1,500,000 shares, representing 4.54% for ¥5,000 million.

CI

May. 13

Sumitomo Osaka Cement Co Ltd – To Buy Back Up To 4.54% Of Own Shares Worth 5 Billion Yen

RE

May. 13

Sumitomo Osaka Cement Co., Ltd. Provides Earnings Guidance for the First Half and Full Year Ending March 31, 2026

CI

May. 13

Sumitomo Osaka Cement Co., Ltd. Announces Dividend for the Fiscal Year March 31, 2025, Payable on June 27, 2025; Provides Dividend Guidance for the Second Quarter and Fiscal Year Ending March, 31 2026

CI

May. 12

Sumitomo Osaka Cement Co., Ltd. authorizes a Buyback Plan.

CI

24-08-22

Tranche Update on Sumitomo Osaka Cement Co., Ltd.’s Equity Buyback Plan announced on May 14, 2024.

CI

24-08-20

Sumitomo Osaka Cement Co., Ltd.’s Equity Buyback announced on May 14, 2024, has closed with 1,279,000 shares, representing 3.77% for ¥4,999.84 million.

CI

24-08-13

Nomura Upgrades Sumitomo Osaka Cement to Buy From Neutral; Price Target is 4,620 Yen

MT

24-07-01

Tranche Update on Sumitomo Osaka Cement Co., Ltd.’s Equity Buyback Plan announced on May 14, 2024.

CI

24-05-14

Sumitomo Osaka Cement Co., Ltd. announces an Equity Buyback for 1,500,000 shares, representing 4.37% for ¥5,000 million.

CI

24-05-13

Sumitomo Osaka Cement Co., Ltd. authorizes a Buyback Plan.

CI

24-03-31

Sumitomo Osaka Cement Co., Ltd.(TSE:5232) dropped from Nikkei 225 Index

CI

24-03-04

S&P 500 : Indices: Super Micro, Deckers, Zozo and EasyJet promoted

Zonebourse
24-03-04

Japan’s Socionext, Dicso to be added to Nikkei index

RE

23-05-12

Sumitomo Osaka Cement Co., Ltd., Q4 2023 Earnings Call, May 12, 2023

23-05-12

Sumitomo Osaka Cement Co., Ltd. Provides Earning Guidance for Fiscal Year 2023

CI

23-02-15

Inflation Prospects Undermine Tokyo Stock Market

MT

DurationAuto.2 months3 months6 months9 months1 year2 years5 years10 yearsMax.

PeriodDayWeek

5232: Dynamic Chart
Logo Sumitomo Osaka Cement Co., Ltd.
Sumitomo Osaka Cement Co., Ltd. is a Japan-based company mainly engaged in the cement business. The Company has seven business segments. The Cement segment is engaged in the manufacture and sale of cement and ready-mixed concrete products, the sale of electric power, the processing of recycled raw fuel. The Mineral Products segment is engaged in the provision of limestone, dolomite and aggregate products. The Construction Material segment is engaged in the provision of concrete structure repair materials and admixtures. The Optoelectronics segment is engaged in the provision of optical communication components and optical measurement equipment. The New Materials segment is engaged in the provision of ceramic products, nanoparticle materials and functional paints. The Battery Materials segment is engaged in the provision of secondary battery cathode materials. The Other segment is engaged in the real estate leasing business, engineering business and software development business.

More about the company
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Last Close Price

4,134.00JPY

Average target price

4,508.33JPY

Spread / Average Target

+9.05%

Consensus
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