NTT Group's greenhouse gas emissions reduction target based on 1.5°C level approved by Science Based Targets initiative

Tokyo, Japan - December 3, 2021 - NTT Corporation (NTT) has revised its greenhouse gas (GHG) emissions reduction target in the new environment and energy vision "NTT Green Innovation toward 2040". The Science Based Targets (SBT)¹ initiative approves NTT Group's FY2030 GHG reduction target based on limiting global temperature rise to no more than 1.5°C.

The NTT Group formulated the new environment and energy vision "NTT Green Innovation toward 2040"² on September 28, 2021. The NTT Group aims to reduce GHG emissions by 80% (carbon neutrality for mobile and data centers sectors) by FY2030 and to be carbon-neutral by FY2040.

With respect to Scope 1 (direct emissions by businesses, such as fuel combustion) and Scope 2 (indirect emissions from the use of electricity, heat and steam supplied by other companies), we have raised the NTT Group's FY2030/31 GHG emissions reduction target from 30% (Well-below 2°C level, approved in 2020) to 80% (1.5 °C level), and is approved by the SBT initiative.

For the benefit of society, the NTT Group will step up its efforts to achieve carbon neutrality to society and contribute to the Japanese government's targets of reducing GHG emissions by 46% in FY2030 from FY2013 levels and achieving carbon neutrality by 2050.

¹Scientifically based greenhouse gas emission reduction targets for corporates in accordance with the Paris Agreement. The SBT initiative, a climate change initiative led by the United Nations Global Compact (UNGC), the CDP (formerly the Carbon Disclosure Project), the World Resources Institute (WRI), and the World Wide Fund for Nature (WWF), designates the targets.

²NTT Group's New Environment and Energy Vision "NTT Green Innovation toward 2040"
https://group.ntt/en/newsrelease/2021/09/28/210928a.html

³Scope 3: Indirect emissions other than Scope 1 and Scope 2 (emissions in the supply chain related to business activities)

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