AnnouncementMarch 31, 2026
PHC Group Obtains Third-Party Verification Greenhouse Gas Emissions for FY24
PHC Group has obtained third-party verification for its greenhouse gas (GHG) emissions data for Fiscal Year 2024 (April 1, 2024, to March 31, 2025), based on the international standard ISO 14064-1:2019. The verification organization, LRQA, issued an Independent Assurance Statement covering PHC Group’s data on its Scope 1, 2, and 3 GHG emissions.
The LRQA Independent Assurance Statement for FY2024 is available here
We are committed to achieving the following mid- to long-term GHG emission reduction targets and ensuring transparency through regular disclosure of emissions data and progress.
- •By 2030: Achieve 42% reduction from a 2023 baseline in Scope 1*1 and Scope 2*2 emissions, while also reaching 25% reduction from a 2023 baseline in Scope 3*3.
- •By 2040: Achieve Carbon Neutrality in Scope 1 and Scope 2 emissions,
- •By 2050: Maintain Carbon Neutrality in Scope 1 and Scope 2 emissions, while also reaching Net Zero emissions in Scope 3.
Detailed information on these targets can be found in the PHC Group Integrated Report*4 and on the Sustainability page of the PHC Group website*5.
*1 Scope 1: direct emissions from our operations.
*2 Scope 2: indirect emissions from purchased electricity and energy.
*3 Scope 3: indirect emissions from the entire value chain.
*4 Details on PHC Group Integrated Report: https://www.phchd.com/global/sustainability/integratedreport2025
*5 Details on PHC Group Sustainability initiatives: https://www.phchd.com/global/sustainability