JT Group Expands Sustainability Ambition across Entire Value Chain to Achieve Net-Zero GHG Emissions by 2050

Japan Tobacco Inc. announces that the JT Group commits to accelerate its efforts to reduce Greenhouse Gas (GHG) emissions across its entire value chain and achieve Net-Zero GHG emissions by 2050.

The JT Group recognizes its vital responsibility to contribute to the transition to a decarbonized society, given the ever-increasing global environmental concerns.

To drive this, the Group has updated its targets for Energy and Emissions in the current JT Group Environment Plan 2030 and aims to be Carbon Neutral for its own operations by 2030.

Among other initiatives, the JT Group plans to achieve this by increasing the proportion of renewable electricity that it uses.

The revised targets for GHG emission reduction by 2030 are in line with science-based thinking and the JT Group is currently preparing to obtain validation of its targets from the Science Based Targets initiative.

Masamichi Terabatake, President and Chief Executive Officer of the JT Group, said: "Sustainability initiatives lay the foundation for long-term business growth. These initiatives resonate thoroughly with our management principle "to pursue the 4S model" and are indispensable. As a leading global company, we believe that addressing global environmental concerns, especially those regarding climate change, forms the basis of our business management."