Metrics, Targets, and Results

Climate Change
Metrics Targets
(FY2035)		 Baseline
(FY2019)		 FY2025
Net carbon intensity1 60% reduction compared to FY2019 level2
(kg-CO2e/boe)		 41 27
Methane emission intensity3 Below 0.1 % N/A 0.04
Avoided emissions4 8.2 million tons N/A 1.11
  • 1
    Net carbon intensity including offset using equity share approach. It indicates the volume of GHG emitted per unit of consolidated production of oil and natural gas and generation of renewable energy (converted to calorific values) in Japan and overseas, and it applies to all seven types of GHGs. Net carbon intensity is calculated using the above formula.
  • 2
    Reduction of 60% (in net carbon intensity) versus the FY2019 level by FY2035. As part of the process, reduction of 35% versus the FY2019 level by the end of the Medium-term Business Plan period (FY2025 to FY2027).
  • 3
    Methane emission intensity using operational control approach. It indicates the volume of methane emitted in the production of natural gas in Japan and overseas. The target for methane emission intensity is a continuous effort with no target year set.
  • 4
    Offsets include avoided emissions through renewable energy projects where the environmental value of said projects is considered to be attributable to us, and the offsets through carbon credits. The contributions from renewable energy are calculated based on the Guidelines for Measurement, Reporting and Verification of GHG Emission Reductions in JBIC GREEN Operation (J-MRV Guidelines).
Safety
Metrics Targets FY2025
Fatalities 0 persons 1
Serious injuries 0 persons 1
Tier 1 process safety event1 0 cases 0
  • *
    Targets for each indicator in the table are continuous efforts with no target year set.
  • 1
    In line with IOGP requirements, unexpected releases or leakages of substances, including flammable liquids, are classified in tiers depending on the degree of consequence (personal harm, direct cost to the Company, type and quantity of material released, etc.). PSE Tier 1 refers to those with the most significant consequences.
Human Capital
Categories Metrics Targets
(FY2030)		 FY2025
Strengthening of engagement1 Percentage of employees with high levels of engagement2 20% or higher 19.7
Psychological safety (deviation)2 50 or higher 52.4
Promotion of diversity Percentage of women among new hires 30% or higher 32.7
Percentage of women in management positions 10% or higher 8.4
Female-to-male pay ratio 80% or higher 74.8
Percentage of male employees taking childcare leave2 100% 78.1
Employment rate of people with disabilities2 Statutory employment rate or higher 2.9
  • *
    Figures include subsidiaries unless otherwise stated.
  • 1
    Strengthening of engagement was calculated using a service provider scale covering eight items that correlate highly with the Utrecht Work Engagement Scale to measure the average deviation score among all employees. The percentage of employees with high levels of engagement refers to the percentage of employees with a work engagement deviation of 62.0 or higher.
  • 2
    These figures are not calculated for all Group companies and it is difficult to state the figures for the Group; therefore, the targets and results stated are for the reporting company (including employees seconded from the reporting company to other companies).

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