All high-concentrate PCB-contaminated waste treated All high-concentrate PCB-contaminated equipment in storage was fully detoxified/treated in FY2023.
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SBT re-certified to 1.5°C Scope 1+2 / well-below 2°C Scope 3 In January 2023 the SBTi approved Astellas' revised targets: Scope 1+2 reduction of 63% by FY2030 aligned with 1.5°C (previously 2°C), and Scope 3 reduction of 37.5% by FY2030 aligned with well-below 2°C. Baseline FY2015. Re-validated one year ahead of schedule.
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Net Zero by 2050 commitment In February 2023 Astellas announced policy to achieve Net Zero by 2050 through 90% GHG emissions reduction plus 10% neutralization of residual emissions, covering both Scope 1+2 and Scope 3, baseline FY2015.
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Scope 3 Cat 1 boundary expanded to all commercial raw materials & manufacturing services In FY2023 Astellas began disclosing GHG emissions for all raw materials and manufacturing services purchased for commercial production (Cat 1) and downstream distribution (Cat 9). FY2015, 2021, 2022 figures were recalculated to include this expanded boundary plus consumption tax in non-JP purchase amounts.
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Restated FY2015 baseline for Cat 1, 2, 4 FY2015, 2021, 2022 Cat 1, 2 and 4 figures were recalculated due to boundary expansion for commercial production raw materials (Cat 1), inclusion of consumption tax in non-JP purchase amounts (Cat 1, 2), and duplication corrections (Cat 4).
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Acquired IVERIC bio Inc. Astellas acquired IVERIC bio, Inc. effective July 11, 2023. Propella Therapeutics (Dec 22, 2023) also acquired but not yet included in this report's calculations.
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Electricity conversion factor change to 3.6 MJ/kWh Beginning with FY2023 disclosure, electricity (purchased and on-site renewable) is converted at 3.6 MJ per kWh; CO2 emissions for non-electricity energy use the pre-2023 revision emission coefficients under the Act on Promotion of Global Warming Countermeasures.
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Sustainability KPIs linked to director short-term incentive pay From the 19th term business year (FY2023), Astellas added sustainability performance targets as a KPI in the short-term incentive (bonus) remuneration for Directors who are not Audit & Supervisory Committee Members (excluding Outside Directors).
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Hydroelectric PPA for Japan sites, solar at research centres, biomass and wind at Kerry (Ireland) Since April 2020 all electricity at three Ibaraki Prefecture business sites (Tsukuba, Tokodai, Takahagi) has been switched to TEPCO Energy Partner's Aqua Premium plan deemed 100% hydroelectric, enabling ~24,000 tCO2 reduction in FY2023. Astellas is installing solar panels at research facilities, running biomass boilers and wind turbines at the Kerry plant in Ireland, and switching purchased electricity in Europe and the US to renewable sources. FY2023 renewable energy rate was 19% of total energy (373 TJ) and 40% of electricity (91 GWh). Total renewables mix: 86% renewable electricity, 13% biomass (wood), 2% wind, 0.3% PV/geothermal.
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10% neutralisation of residual emissions to reach Net Zero by 2050 Astellas' Net Zero 2050 commitment is built as 90% GHG reduction from FY2015 baseline plus 10% neutralisation of residual emissions. The TCFD disclosure also mentions 'Purchase credits (CO2 emission rights) to reduce Scope 1 emissions' as an option under consideration. The report does not specify durable removal technologies (DAC, BECCS, biochar) and does not yet disclose a removals volume or vintage policy.
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