Recalculated 2019 baseline and 2023 figures due to M&A scope changes Due to changes in the scope of consolidation resulting from M&A, the company recalculated and revised the figures for 2019 (SBT baseline) and 2023 in reference to the GHG Protocol 'Chapter 5 Tracking Emissions Over Time.'
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SBTi baseline recalculation and revalidation in 2024 Following transition to a global management structure from 2023, dentsu conducted a baseline recalculation and revalidation in H1 2024 in compliance with SBTi requirements. Validated October 2024. Discrepancies may exist between this report and prior public disclosures (Integrated Report, TCFD, CDP).
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Centralized environmental management system established In 2024, completed long-standing initiative to establish centralized system for managing environmental data across the Group, improving efficiency of data aggregation.
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SBTi targets revalidated: 46.2% Scope 1&2 and Scope 3 by 2030 from 2019 baseline Targets revalidated by SBTi in October 2024: reduce absolute Scope 1 & 2 GHG emissions by 46.2% by 2030 and 90% by 2040 from a 2019 baseline; reduce absolute Scope 3 from purchased goods, business travel and employee commuting by 46.2% by 2030; reduce all Scope 3 by 90% by 2040.
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Refrigerant leakage emissions added to Scope 1 In the baseline recalculation, emissions from refrigerant leakage in air conditioning systems were collected for emissions calculations, and average leakage values were used for estimation in markets without refrigerant data.
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KPMG third-party assurance of GHG emissions in March 2025 The Group's GHG emissions and calculation methodologies have been validated by independent third-party assurance provider KPMG in March 2025.
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First IFRS S2-aligned climate disclosures This is dentsu's first report prepared while applying IFRS Sustainability Disclosure Standards (IFRS S2) to the extent applicable, building on prior TCFD-aligned reports. Currently only disclosing climate-related risks and opportunities without comparative information.
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SBTi targets resubmitted to expand from international ops to entire Group In 2024 dentsu submitted new GHG reduction targets to SBTi expanding scope from previously-validated international operations to the entire Group; under review as of July 2024.
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SBTi validation of near- and long-term net-zero targets In 2024, dentsu's near- and long-term targets were validated by the Science Based Targets initiative (SBTi) as conforming with the SBTi Corporate Net Zero Standard. Near-term: reduce absolute Scope 1 & 2 GHG emissions by 46.2% by 2030 from 2019 baseline; reduce Scope 3 (Categories 1, 6, 7) by 46.2% by 2030. Long-term: reduce absolute Scope 1 & 2 and Scope 3 by 90% by 2040.
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100% renewable energy target by 2030 Target to achieve 100% renewable energy by 2030, aligned with RE100 definition. Achieved 79.5% in 2024, up from 53.7% in 2023.
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