May 6, 2022

NTT Group introduces internal carbon pricing system

Tokyo, Japan - May 6, 2022 -

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

In order to achieve carbon neutrality, NTT Group companies gradually introduces an internal carbon pricing system, which reduces the environmental impact of CO₂ emissions by calculating costs virtually.

Outline of internal carbon pricing system adopted by the NTT Group

Internal carbon price	JPY 6,500 per ton of CO₂
Scope and method of application	Decisions on implementing a project aiming for decarbonization, and on procurement (product selection, etc.) will be made taking the cost of CO₂ emissions into account.

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

About NTT

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