Carbon Neutrality
Report(Reporting Period: FY2022)

Table of Contents

1

Our commitment and basic information
1.1 Carbon neutrality claims
1.2 Outline of carbon neutrality claims
1.3 Reporting period

2

Carbon Footprint for the base period
2.1 Subject
2.2 Deﬁnition of boundary
2.3 Exclusions from the quantiﬁcation of the carbon footprint
2.4 Quantiﬁcation methodologies, data to be used and emission factors
2.5 Uncertainties on the accuracy of the quantiﬁed carbon footprint
2.6 Details of carbon footprints of the Service

3

Management Plan
3.1 Organization for carbon neutrality management
3.2 Carbon neutrality pathway and targets
3.3 GHG emission reduction measures
3.4 Removal plan
3.5 Oﬀset policy
3.6 Evaluation of adverse impacts and countermeasures
3.7 Revision of management plan4

GHG emission reductions in the First Reporting period
4.1 Standards and methods for quantiﬁcation of GHG emission reductions
4.2 Implemented GHG emission reduction enhancement
4.3 Achieved GHG emission reductions
4.4 Uncertainties on the accuracy of the quantiﬁed carbon footprint

5

Oﬀsetting in the First Reporting period
5.1 Oﬀset GHG emissions
5.2 Methodologies for carbon credits
5.3 Details of carbon credit projects

6

Activities toward the Future
6.1 The next reporting period
6.2 Management of this carbon neutrality report and maintenance of the claims

11 Our commitment and basic information【1.1】Carbon neutrality claims
In “YAMATO NEXT100” the grand design for our medium- to long-term management announced
in January 2020, the Yamamoto Group set out “Sustainability initiatives: Management
incorporating environment and society.” Setting a long vision of “Connecting and Delivering the
Future via Green Logistics” for the environment, we identiﬁed four materialities of Energy &Climate, Atmosphere, Resource Conservation & Waste, and Resilience of Companies & Society.
Announcing “Sustainable Medium-Term Plans 2023” in January 2021, we formulated the goals
and plans for each materiality of environment and society in order to realize the long-term
visions of environment and society that were set in “Yamato NEXT100” and achieve “Net-Zeroemissions (climate neutrality) by 2050.”

Considering that we take the initiative to achieve these environmental and social visions and thelong-term goal for our Net-Zero emissions of GHGs by 2050, in April 2022, Yamato Transport
Co., Ltd. will start to achieve carbon neutrality for TA-Q-BIN, TA-Q-BIN Compact and EAZY (orparcel delivery services). Under veriﬁcation of BSI Group Japan K.K., we claim that carbon
neutrality of the parcel delivery services is achieved in accordance with ISO 14068-1:2023 byMarch 31, 2023 and is maintained by the long-term target year of FY2050.

Representative Director,
Executive Oﬃcer and President
Yutaka Nagao【1.2】Outline of carbon neutrality claims
This document is a carbon neutrality report which claims that the carbon neutrality of TA-Q-BIN,
TA-Q-BIN Compact and EAZY services in FY2022 in the life cycle including the scopes of 1, 2
and 3 is achieved and is to be maintained by the long-term target year of FY2050. This carbon
neutrality report describes the details of achievement of carbon neutrality for the Services. BSIGroup Japan K.K., a third-party organization veriﬁed that quantiﬁcation of the carbon footprintsof the Services, establishment and implementation of the carbon neutrality management planand oﬀsetting unabated GHG emissions were made in accordance with ISO 14068-1:2023.

2

Entity making carbon neutrality
claims in alignment with

Yamato Transport CO., LTD.

ISO 14068-1:2023 declaration:
Products subject to claiming
ISO 14068-1:2023
Functions of the Services

3 delivery services (TA-Q-BIN, TA-Q-BIN Compact and EAZY)

・TA-Q-BIN services:
To deliver each packed parcel under size 60 to 200 (within 200 cm witha total of a length, width and height and with up to a weight of 30 kg)
365 days a year and deliver it to a designated location in Japan on thefollowing day, excluding some areas. The Services include Cool
TA-Q-BIN (chilled or frozen), Golf TA-Q-BIN and Ski-TA-Q-BIN.
・TA-Q-BIN Compact:
To deliver each dedicated packing (a length of 20 cm, a width of 25 cm
and a height of 5 cm) 365 days a year and deliver it to a designatedlocation in Japan on the following day, excluding some areas.
・EAZY:
To deliver goods ordered through an on-line shop or by other means toa customer in diversiﬁed ways, for instance, delivering themface-to-face delivery, leaving them at a front door or in a delivery box.

Important activities

Following activities related to delivery services

for functioning of the Services

・Parcel reception at an agency or a delivery locker
・Parcel collection
・Parcel reception or sorting at a delivery depot
・Transportation from a delivery depot to a hub terminal
・Parcel sorting at a hub terminal (for starting point or relay point)
・Transportation between hub terminals
・Parcel sorting at a hub terminal (for arrival point)・Parcel sorting at a delivery depot
・Delivery
・Handover at an agency or delivery locker
・IT system and call center・Procurement and disposal of raw materials such as materials involvedin parcel transport by delivery services*For more information, see a ﬂowchart of life cycle in【Appendix A】.

Methodology for quantiﬁcation

ISO 14067:2018 (Greenhouse gases ‒ Carbon footprints of products ‒of carbon footprints

Requirements and guidelines for quantiﬁcation)of the Services

ISO 14040:2006 (Environmental management ‒ Principles andframework for life cycle assessment)

Conformity assessment method

Veriﬁcation of independent third-party organization (BSI Group Japan,
K.K.)

Veriﬁcation completion date

January 29, 2024

Base period

April 1, 2021 to March 31, 2022 (FY2021)

The ﬁrst reporting period (achieved)

April 1, 2022 to March 31, 2023 (FY2022)

Person responsible for assessment
and provision of data necessary
for declaration
Base carbon footprint

Fukuda Yasushi, Executive Oﬃcer (Responsible for Green innovation
development)
0.00136t CO2e/parcel (1.36kg CO2e/parcel)

3

Carbon footprint inthe ﬁrst reporting period
Results of Calculationof Carbon Footprints
Certiﬁcate for Amortizationof Carbon Credits
Veriﬁcation Opinion Statement

0.00128t CO2e/parcel (1.28kg CO2e/parcel)【Appendix B】【Appendix C】【Appendix D】【1.3】Reporting period
Based on the viewpoints of data aggregation and ﬁscal years, a reporting period is set as one
year (from April 1 to March 31 in the next year). In line with the Carbon Neutrality Pathway andManagement Plan in Chapter 3, Yamato Transport Co., Ltd. commits to achieving andmaintaining carbon neutrality of the Services through GHG emission reduction, removal andoﬀsetting in the reporting period of each year.
This carbon neutrality report summarizes that Yamato Transport Co., Ltd. has calculated theamount of emissions generated during April 1, 2022 and March 31, 2023, conﬁrmed the amountand oﬀset the unabated GHG emissions.

2 Carbon Footprint for the base period【2.1】Subject【Subject】
3 delivery services (TA-Q-BIN, TA-Q-BIN Compact and EAZY)【Rationales for the selection of the subjects】
TA-Q-BIN services are the main services of Yamato Transport Co., Ltd. that started in 1976.
The services are the main sources of GHG emissions of the entity and can be managed in along term.

The 3 delivery services covered by this carbon neutrality report account for about 80% of
FY2022 operating proﬁts of Yamato Transport Co., Ltd. The total GHG emissions of YamatoGroup is 3,075,902t CO 2 e, while a total of emissions from the 3 delivery services is2,464,448t CO 2e. The carbon footprints of the Services are equivalent to approximately
80% of the GHG emissions from business activities of Yamato Group and makes up themain sources of the GHG emissions in Yamato Group.

The operation of the relevant services is directly managed by the company, so the4improvement of the operation towards the reduction of the GHG emissions can be planned
and implemented for the future.
On the other hand, the Services such as Nekopos and Kuroneo DM in the other area
account for nearly 10% of the whole operating revenue. The GHG emissions from these
services were excluded from those subject to carbon neutrality due to that the current
business models might be changed during this reporting period and it was estimated to be
hard for us to monitor or manage the amount of the relevant GHG emissions in the same
boundary from a long-term perspective.
Other services include international freight forwarding and contract logistics, but the scopeof provision of the services remains ﬂux. For the same reason, the GHG emissions fromthese services were excluded from those whose carbon neutrality should be achieved forthe product category.

In order to combine sustainable growth with sustainable society development as an eﬀort
for the whole of business activities including those for the 3 delivery services, YamatoGroup is promoting environment-responsible management, setting its environment visions.
Toward the realization of “net result zero for its scope 1, 2 by 2050” and “Reducing
greenhouse gas (GHG) emissions by 48% compared to FY2020 by 2030,” we are promoting
measures for the reduction of the GHG emissions such as introduction of EVs and solar
power generation equipment that is linked to the facilities strategy in the structural reformof network operations, based on the risks and opportunities that are generated from climatechange.

【Calculation period】
・FY2021: April 1, 2021 to March 31, 2022

【Carbon Footprint for the base period (for one parcel)】
・FY2021: 0.00136 t CO2e/parcel (1.36 kg CO2e/parcel)

FY2021 GHG emissions (Total) (t CO2e)
2,570,761

Calculation of the carbon footprints of the Services covered all of the important activities
satisfying the functional units of the Services, including the activities of Yamato Transport
Co., Ltd. and those subcontracted by the Company. Based on this calculation target, thethree items whose data collection is diﬃcult, as shown in【2.3】, were excluded from thiscalculation under the assumption that they have a minor eﬀect on the whole of the carbon
footprints.

5【2.2】Deﬁnition of boundary【Life cycle stages subject to the calculation】 (See【Appendix A】)
・Parcel reception at an agency or a delivery locker
・Parcel collection
・Parcel reception or sorting at a delivery depot
・Transportation from a delivery depot to a hub terminal
・Parcel sorting at a hub terminal (at a starting point or relay point)
・Transportation between hub terminals
・Parcel sorting at a hub terminal (at an arrival point)
・Transportation from a hub terminal to a delivery depot
・Parcel sorting at a delivery depot
・Delivery
・Handover at an agency or a delivery locker
・IT system and call center・Procurement and disposal of raw materials such as materials involved in parcel transport
by delivery services【2.3】Exclusions from the quantiﬁcation of the carbon footprint
Based on the above assumption, calculation of the carbon footprints of the Services covers
all of important GHG emissions, but excludes only the following items whose actual value isdiﬃcult to identify and calculate.
・The upstream GHG emissions of electric power from renewable energy sources wereconverted to an emission factor derived from fossil fuel, but It was evaluated to be
diﬃcult to grasp the environmental impact resulting from the construction of capital goods.
For this reason, the relevant emissions are deemed to be excluded from the calculation.
・Disposal of packing materials by ﬁnal consumers is deemed to be excluded in the casewhere it is diﬃcult to identify the weight of the materials to be disposed of.
・In consideration of data collection workload, the items having a minor eﬀect on the wholeof the carbon footprints are deemed to be excluded, as long as that can be reasonably
estimated.

【2.4】Quantiﬁcation methodologies, data to be used and emission factors【Methodology】
・ISO 14067:2018
・ISO 14040:2006

All of the calculated GHG emissions were converted to t CO 2 e based on the values of
100-year global warming potential (GWP) that ware published by the Intergovernmental
Panel on Climate Change.
【Data to be used】

6

Activity data are basically collected on the basis of primary data (physical amounts). If it isdiﬃcult to collect the primary data (physical amounts), the relevant data are collected on
the basis of primary data (monetary values). If it is diﬃcult to acquired primary data,secondary data speciﬁed by our company are used.

The amount of copy paper used in parcel sorting is calculated on the basis of an assumed
scenario due to that it is diﬃcult to measure an actual input of copy paper.

【Emissions unit values】
・IDEA Ver3.1
・Ministry of the Environment DB Ver3.2
・GLIO【How to use secondary data】
・The amount of GHG emissions was calculated with the use of the same database without
taking into account the increase/decrease of the GHG emissions that is caused by variationin the value of emission intensity.
・For activity data on physical amounts, IDEA Ver3.1 was in principle used. The GHG
emissions from transportation for raw material procurement were calculated based on a
scenario set for purchased products.
・For activity data on monetary values, GLIO was in principle used. The GHG emissions fromtransportation for raw material procurement were calculated with the use of emission
factors on a consumer price basis.
・Due to a large inﬂuence of corporate goods prices increases on the activity data during
FY2021 and FY2022, the activity data were corrected with the use of the corporate goods
price index concerning costs paid in FY2022 and on the basis of costs paid in FY2021.
・For waste data, the Ministry of the Environment DB Ver3.2 was in principle used. The
amounts of incinerated, buried and collected waste were calculated with the use of IDEA
Ver3.1.
・Environmental impact resulting from transportation of waste was calculated from the
Ministry of the Environment DB Ver3.2.

【Secondary data (Scenario)】・For a transport distance, a vehicle type and a load factor in the stage of raw material
procurement, an averaged load factor of 10-ton trucks and the absence of return cargos
were assumed based on the assumption of a 500-km land transport distance.
・It was assumed that waste (whose disposal method is unknown) would be incinerated dueto that it is diﬃcult to grasp the actual situation of the disposal method.
・It was assumed that waste (recycled amount) would be paper waste (recycled) becausemuch of the waste in the operation is assumed to be applicable to paper waste.

7

・Valuables were excluded from the calculation based on the relevant scope and purpose of
the calculation.
・It is assumed that 3 pieces of A5 are used per roll box pallet for transportation in thesorting process. The number of transported roll box pallets was multiplied by the numberof pieces (3) of A5 copy paper and a weight (2 g) of one piece of copy paper. Based on
the result of the multiplication, the input of copy paper was calculated.
・Due to a large inﬂuence of corporate goods price increases on the activity data during
FY2021 and FY2022, the activity data were corrected with the use of a corporate goods
price index concerning costs paid in FY2022 and on the basis of costs paid in FY2021.

【2.5】Calculation uncertainty and variability【Scenario of transportation for raw material procurement】
The GHG emissions from transportation for raw material procurement were calculated on
the basis of the aforementioned scenario. The rate of procurement transportation is 0.60%
in FY2021. In the transportation scenario, the relevant emissions become half on theassumption of a land transportation distance of 250 km. The size of the GHG emissions is0.00411 kg CO 2e in FY2021. It can be understood that the total of the GHG emissions havelittle inﬂuence on the result of calculation based on the transportation scenario as describedin【2.1】.

【Electric power from renewable energy sources】
The amount of electric power from renewable energy sources was 61,381 MWh in FY2021.
As described in the scenario, due to the fact that it is diﬃcult to grasp the activities of raw
material procurement in the production of electric power from renewable energy sources,
the GHG emissions from the relevant activities were calculated, using a Japanese average of
upstream emission factor in power generation based on the Ministry of the Environment DB
Ver3.2. The environmental impact resulting from the construction of capital goods wasderived in a simulated manner, using an equation of IDEA emission factor (national averageof emissions factors in 2018) ‒ (Emission factor by electric company + the Ministry of theEnvironment DB Ver3.2) based on the IDEAʼs emission factor, the Ministry of theEnvironment DB Ver3.2 and an emission factor by electric company. If the environmental
impact in the upstream process of power generation is taken into account, the FY2021 GHG
emissions from the use of electric power from renewable energy sources become equivalent
to 0.004313 kg CO 2 e. When the GHG emissions only from the upstream process iscompared with the calculated result in the scenario, the GHG emissions is increased byabout 94%, but is found to negligibly contribute to the total GHG emissions.

【Waste (recycled)】
Since it is diﬃcult to specify which waste type can be recycled, the GHG emissions from thewaste were calculated on the assumption that a type of waste is paper waste, as described8

in the scenario. With incineration of paper waste, the GHG emissions from the waste
accounted for 0.35% of the total GHG emissions in FY2021. Collected data on paper waste
are close to the actual situation, while the GHG emissions from the waste has a minor eﬀect
on the total emission. Consequently, it is considered to be appropriate to calculate it basedon the set scenario.

【2.6】 Details of carbon footprints of the Services
・For a ﬂowchart of life cycles of the Services, see【Appendix A】.
・For the results of carbon footprint calculation of the Services, see【Appendix B】.

3 Management Plan
【3.1】Organization for carbon neutrality management
Under the following system, the Yamato Groupʼs environmental policies are established andits environmental measures are reviewed.

Management system of the Yamato Group:
The Yamato Group has established an environmental management system under thesupervision of its Board of Directors, with the Environmental Committee as the main
decision-making body; which deliberates, makes decisions and supervises with regard toenvironmental issues, including climate change. The President of Yamato Holdings serves asa chairperson of the Environmental Committee, and reports important matters discussed by
the Environmental Committee to the Board of Directors, as the overall supervisor
responsible for the Environmental Management System. For example, in FY2021,
environmental policies, including climate change mitigation and adaptation, have been
approved by the Environmental Committee and resolved by the Management Committee
and the Board of Directors. The Management Committee and the Board of Directors alsodeliberates on identiﬁcation of material issues and vision, long-term targets including
reducing GHG emissions, and medium-term environmental plans (targets and strategies). On
the other hand, the Board of Directors of Yamato Transport Co., Ltd. with a logistics
business resolves a plant for purchase of low-carbon vehicles and other matters.

9

Board of Directors, Yamato Holdings Co., Ltd.

Management Committee, Yamato Holdings Co., Ltd.

Yamato Group
Environment Committee

Yamato Group
Social Promotion Committee

Yamato Group
Environment Subcommittee

Yamamoto Group
Social Subcommittee

Yamato Transport Co., Ltd.

Each group company

Environment
Committee

Environment
Committee

Regional Environment
Committee
Environment
Committees of theRegional Branches

Fig. 1 Environmental Management System Diagram of Yamato GroupIn order to implement a plan for reduction of GHG emissions in the Yamato Group, theGreen innovation development department of Yamato Transport Co., Ltd. is responsible forthe whole strategy for reduction of GHG emissions. In 2021, the Yamato Group establishedthe Green Innovation Development Department that implements the measures for reductionof GHG emissions. The Department makes a reduction plan, implements the plan and verify
the eﬀectiveness of the plan, thereby making eﬀorts to achieve carbon neutrality.

Management system for demonstration of carbon neutrality of the 3 delivery services:
In order that the 3 delivery services subject to the declaration of this carbon neutralityr e p o r t c o n t i n u o u s l y a c h i e v e c a r b o n n e u t r a l i t y , t h e G r e e n I n n o v at i o n D e v e l o p m e n t
Department of Yamato Transport Co., Ltd. implements the measures for reduction of GHG
emissions and manages the following processes necessary for carbon neutrality as a
dedicated department, in collaboration with the Sustainability Promotion Department of
Yamato Transport Co., Ltd. responsible for the whole strategy for reduction of GHG
emissions. Yamato Group Environment Subcommittee ([1] Energy, climate and air) also
checks the progress of related measures, revises the management plan, and shares theresult of calculating carbon footprints and the analysis of the result.

10

[Execution of processes necessary for demonstration of carbon neutrality]・Calculating carbon footprints that cover the reporting period
・Implementing the management plan, checking the progress of the plan and revising it
・Implementing oﬀsets
・Preparing the carbon neutrality report that covers the reporting period
・Implementing a third-party veriﬁcation
・Maintaining carbon neutrality claims【3.2】 Carbon neutrality pathway and targets
On the basis of a base year of FY2021 and in line with the following carbon neutrality
pathway, Yamato Transport Co., Ltd. aims to reduce the all GHG emissions of the Services by
FY2050 or a long-term target year except residual GHG emissions, thereby making eﬀorts toachieve Net-Zero through the activities for removal of all of those including the residual
emissions and the use of removal carbon credits.
The subjects of the carbon neutrality are products, but Yamato Transport Co., Ltd. iscommitted to ultimately achieving Net-Zero in adherence with the concept of Net-Zero of theorganization and in terms of the total of GHG emissions. Net-Zero means that the activities for
reduction of the GHG emissions is promoted until the GHG emissions of the Services are
reduced only to residual GHG emissions, and after that, the residual GHG emissions are
reduced to net zero by the removal of all of the GHG emissions or by oﬀsetting the GHG
emissions by removal carbon credits.
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Since the subjects of the carbon neutrality are products, a target value is set as emission
intensity which means emissions per number of parcel. Yamato Transport Co., Ltd. set botha short-term target (FY2030) and a long-term target (FY2050) in emission intensity. The
target was set in line with the target year of the Yamato Group, so that we can contribute toachievement of Net-Zero in 2050, or a world common target, and Japanʼs reduction target.

11

GHG emissions reduction target of Yamato GroupIn reference to Japanʼs overall target “46% GHG emission reduction by FY2030 compared to
FY2013,” an emission target to be achieved by 2030 was set.
・Reduce the GHG emissions (Scope 1 & 2) to net-zero by 2050.
・Reduce the GHG emissions (Scope 1 & 2) by 45% compared to FY2021. *About 479000 t CO2e
*Converted compared to FY2020
Target values of 3 delivery services
subject

Base
value

Target
value

2021

2030

Reduction
rate
2050

1,000 t CO2e
3 delivery services/emission intensity

Annualrate

2030(compared to 2021)

Reduction
rate

Annualrate

2050(compared to 2021)%

0.001360.001030.0001-24.2%-2.7%-92.5%-3.2%

3 delivery services/emission amount(after reduction)

2,571

2,564

562

-0.3%

0.0%

-78.1%-2.7%

3 delivery services/
removal amount

0

0

127

-

-

-

-

0

0

435

-

-

-

-

*See the following.

3 delivery services/amount of oﬀsettingby removal credits

Due to that all of the current GHG emission reduction measures of the Yamato Group areplanned and implemented with the boundaries of the 3 delivery services for the FY2030
short-term target, a target for reduction of the Yamato Groupʼs GHG emissions (total andcompared to FY2020) was converted to a value compared to FY2020, and reduction targets
for the 3 delivery services were comprehensively set in consideration of variation in the thenumber of parcels to be delivered in the future and variation in the GHG emissions fromdelivery services to be subcontracted in the future.

For the FY2050 long-term target, it is planned to remove some of the residual GHG emissions
by the introduction of removal measures and oﬀsetting by removal carbon credits. The
residual GHG emissions aim to be equivalent to GHG emissions remaining after all oftechnically and economically feasible measures are taken. We deﬁne the residual GHG
emissions below assuming that the measures for reduction in SCOPE 1 and 2 GHG emissions
are fully implemented to reduce all of unabated GHG emissions ﬁrst, and then, emissions fromlong-haul transportation by subcontractors can be reduced after new technologies become
available.

12

[Residual GHG emissions from the Services]
・Deﬁnition: GHG emissions from the stage of procurement of materials or electric power, GHG
emissions from the stage of waste disposal, and emissions related to air line-haultransportation▶ GHG emissions from the upstream procurement of materials such as packing materials,
slips and copy paper▶ GHG emissions from the stage of disposal of waste arising from business activities▶ GHG emissions from the upstream part of a process for production of electric power tobe purchased▶ GHG emissions from air trunk transportation and loading of luggage to aircraft
・Total GHG emissions in FY2021: About 198,000 t CO2e・Total GHG emissions in FY2021 (predicted*): About 562,000 t CO2e*This is a predicted value that takes into account of ﬂuctuation in the number of parcels
handled through the 3 delivery services.

The degree of ambition for the current carbon neutrality pathway and reduction targets isevaluated in line with the following three items.

・Corporate ability to act and corporate responsibility:▶ The long-term targets of the Services meet the achievement of FY2050 Net-Zero in the
1.5 C. The GHG emissions from the Transport Division accounts for about 20% of thetotal. The relevant GHG emissions are attributable to Scope 3 of many companies.
Accordingly, in order to achieve a higher degree of ambition for carbon neutrality, theYamato Group is required to assume a historic responsibility as a company long providing
delivery services, revise and improve the reduction pathway and achieve Net-Zero before
FY2050.

・Relation between the carbon neutrality pathway and the global or national climate policy
target:▶ The long-term targets contribute to Net-Zero, or a common target in FY2050. They arealso consistent with the 1.5 C GHG emission reduction target of the IPPCʼs latest
Synthesis Report (6th Assessment Report).
▶ The current mitigation measures focus on the reduction of our GHG emissions.
Accordingly, the short-term target for reduction of the GHG emissions contributes to thetransportation sector target and the overall target of Japanʼs climate policy goal. An
annual average rate of reduction per unit (2.7%) is consistent with a science-based target,
the WB 2 C target of the SBTi.
▶ The International Energy Agency (IEA) presented the indicators required to achieve Net-Zerothrough 2050. The relevant target is also consistent with the FY2030 bus/truck transportation
target (15% reduction from 2022 to 2030 or about 2% more reduction per year) of the indicators.

13

・Change in response to new climate science information:▶The reduction of GHG emissions in SCOPE 1 and 2 by FY2030 contributes to the 1.5 C
scenario, while the GHG emissions reduction in emission intensity is consistent with the
2.0 C scenario. In order to reduce GHG emissions from subcontracted delivery services,
the spread of alternative fuel or electriﬁcation of vehicles is required in the ﬁeld of trunk
transportation. Consequently, it is necessary to revise the management plan and improve
the overall reduction pathway based on the status of alleviation of related technicalconstraints in each future report year.

【3.3】GHG emission reduction measures
The Yamato Group mainly adopted the following priority measures from FY2020 toward theachievement of the aforementioned reduction targets. The priority measures throughFY2030 are as follows:

1. Introduction of EVs
The Yamato Group is actively promoting the replacement of the current vehicles with
low-emission vehicles for each transportation method. Introduced low-emission vehicles
such as LPG, CNG (natural gas) and hybrid vehicles have already accounted for 70% of thetotal number of its vehicles. In addition, electric power-assisted bicycles or carts have beenheavily used for short-distance transportation in urban areas, thereby abating GHG
emissions. The introduction of about 3,750 electric bicycles has been completed since theintroduction of electric bicycles in 2002. In the ﬁeld of middle-distance transportation, theintroduction of “HINO DUTRO Z EV” developed jointly with Hino Motors, Ltd., or Japanʼs ﬁrst
introduction of small commercial BEV trucks, was started in August 2022. Since then, a
total of about 870 EVs including the trucks have been completely deployed. Since June
2023, the Yamato Group has worked toward the development of a highly practical lightcommercial EV, for instance, verifying whether a new light commercial EV launched in spring
2024 by Honda Motor, Co., Ltd. is practical or not in collection and delivery operations.
About 900 new electric small trucks “eCanter,” developed by Mitsubishi Fuso Truck and Bus
Corporation, have been gradually introduced to the delivery depots of the whole country. In
order to achieve the FY2030 short-term target, it is scheduled that 20,000 EVs will be
introduced.

2. Utilization of renewable energy
In order to achieve the FY2030 short-term target, the Yamato Group is committed to raising
the rate of use of electric power from renewable energy to 70%. Speciﬁcally, we haveformulated a plan to install solar power generation equipment to 810 bases, and arepromoting a higher use of electric power.

3. Promotion of energy conservation
The Yamato Group is committed to promoting the enhancement of operational eﬃciency by

14

the introduction of a low-carbon technology and the optimization of energy management.
We are working to visualize operational statuses and enhance the eﬃciency oftransportation based on data by fully leveraging digital technologies, thereby reducing theusage of energy by improving the load factor.

In order to save energy at hub terminals, the Yamato Group is committed to reducing
electricity usage by switching from general light bulbs to LED bulbs in buildings. The LED
bulbs are said to be able to reduce power consumption by about 85% in comparison withthe general light bulbs. As of October 2022, the change from the existing lights to LED
lights was completed at more than 1500 delivery depots. It is scheduled that the traditional
lights at all sales oﬃces would be switched to LED lights by FY2023.

4. Reduction of dry ice usage
The Yamato Group is committed to introducing transportation materials that do not require
dry ice to reduce GHG emissions, improve the quality of delivery services, and realize proper
costs of the services. In order to reduce the amount of dry ice for cooling transported
goods, transportation equipment used between hub terminals will be changed to mechanicalcold boxes that do not require dry ice and use electricity to manage the temperature of thegoods. In addition, the current delivery vehicles that partially use dry ice are being changed
to a new refrigerator trucks. We are also promoting the development of a thermal insulationmaterial and cold storage agent for aircraft containers that are used for air trunk
transportation of chilled and frozen delivery parcels.

In addition to the aforementioned priority measures, we are also proceeding with thefollowing measures in order to promote the introduction of low-carbon technologies and theenhancement of operational eﬃciency, toward the establishment of low-carbon
transportation/oﬃces.
・Continue demonstration tests on EVs or FCVs (including long-distance medium trucks)
jointly with other companies.
・Conduct investigation and joint research on autonomous mobility aiming at low-carbon andair pollution control.
・Visualize operational status and enhance transport eﬃciency based on data, and promoting
eco-driving.
・Promote modal shifts: 180 trcuks for rail and sea transports (FY2023 target)
・Conduct demonstration tests of a delivery depot that uses 100% renewable energy.
・Consolidate touch points (locations).
・Control the number of operational units and achieve operational eﬃciency by reviewing
consolidated relay points and improving a loading rate of transportation between bases.
・Implement measures for mitigation of climate change in cooperation with partners toward
reduction of GHG emissions from the whole value chain (those from subcontracted
services),15【3.4】Removal plan
The Yamato Group is planned to introduce removal measures from 2030 onward in addition
to GHG emission reduction measures, so as to allow for achievement of Net-Zero, or the
FY2050 long-term target.

The removal measures that can be adopted within the system boundaries of the 3 delivery
services are limited, so the following actions are excluded.

・Forestation is excluded due to that land use is beyond the system boundary.
・Marine alkalization, marine fertilization and enhanced weathering are excluded due to thatland use is beyond the system boundary.
・The use of dry ice derived from DAC (direct air collection) is excluded due to that theusage of dry ice should be reduced to zero under the policy of giving priority to reductionof GHG emissions.
・The use of electric power from BECCS (Bioenergy with Carbon Capture and Storage) is
excluded due to that the policy of giving priority to reduction of GHG emissions assumes
shift to renewable energy and shift to 100% renewable energy is feasible technically andeconomically in the long term.

It is currently assumed that the removal measures are measures allowing for the use of
biomass cushioning materials. We will start to introduce the biomass cushioning materials
from FY2030 onward and gradually increase the amounts of the materials to be introduced.
In the case where all of the current cushioning materials are changed to the biomass
cushioning materials, about 130,000 t CO 2e of residual GHG emissions that are applicableto the FY2050 target will be removed according to the plan.
Due to that the current absence of feasible removal measures within other systemboundary, however, residual GHG emissions (about 430,000 t CO 2 e), which cannot becompletely removed, will be oﬀset by removal carbon credits.

In the case where it becomes possible to review other removal means, we are planned torevise the management plan and timely update the ﬁscal year for introduction of the means,
and the removal measures.

【3.5】Oﬀset policy
Oﬀsetting will be implemented in combination with the GHG emission reduction measures ineach reporting period, and the removal measures from FY2030 onward as described in【3.4】,
thereby gradually reducing the use of carbon credits. The amount of GHG emissions to be oﬀset
by FY2030, or a short-term target year is scheduled to be all of unabated GHG emissions, while
the amount of GHG emissions to be oﬀset by FY2050, or a long-term target year is scheduled
to be that of the residual GHG emissions (about 430,000 t CO2e) that cannot be completely

16removed. The residual GHG emissions will be removed by removal carbon credits.

When it becomes necessary to oﬀset unabated GHG emissions in each reporting period,
only the carbon credits that are veriﬁed by a third-party organization are selected. Whencarbon credits are purchased, two types credits, technology-based reduction and avoidance
credits are prioritized.

Criteria for carbon credits
・Carbon credits from reduction enhancements that GHG emission reductions are real.
・Carbon credits from reduction enhancements that the GHG emission reductions are
additional, demonstrated using a robust assessment that shows the activity would not haveoccurred in the absence of the GHG project and represents climate change mitigation thatexceeds regulatory requirements and business as usual.
・Carbon credits conforms to calculation of proper standard values and the method of an
accredited carbon credit program to conservatively estimate the amount of the GHG
emission reduction or removal (both of them), and can be measured.
・Carbon credits are issued under a carbon credit system with a proper safeguard. The
safeguard assures that permanent or cancellation risks are minimized and the same
removal is conducted in the case of occurrence of cancellation.
・Carbon credits are certiﬁed by an independent third-party organization.

Criteria for carbon credit projects
・Carbon crediting programmes that are transparent, with publicly available documented
information on the carbon crediting programme project cycle, including registration andveriﬁcation requirements and procedures.
・Carbon crediting programmes that provide safeguards with regards to impacts on
ecosystems, biodiversity, communities, human well-being, human rights and local
economies, to avoid adverse impacts where applicable .
・Carbon crediting programmes that identify any Sustainable Development Goals to which
each GHG project contributes .
・C a r b o n c r e d i t i n g p r o g r a m m e s t h a t p r o v i d e i n f o r m a t i o n a b o u t t h e g o v e r n a n c earrangements which sets out the roles and responsibilities of the organization
administering the carbon crediting programme .
・Carbon crediting programmes that include stakeholder consultation requirements andprocesses for the development of rules and procedures, methodologies, tools and for GHG
projects;.
・Carbon crediting programmes that have independent veriﬁcation of GHG emission
reductions or removal enhancements enabling issuance of carbon credits .
・Carbon crediting programmes that issue carbon credits that are:1) listed in a public registry that provides transparent and traceable information17

concerning the carbon creditʼs ownership and status (e.g. unsold, transferred, retired);2) issued with unique serial numbers;3) issued under procedures that provide for their permanent retirement;4) traceable back to the relevant GHG project;
・Carbon crediting programmes that have measures for avoiding double counting, e.g. wherea GHG emission reduction or GHG removal enhancement is claimed by more than one
entity, and for avoiding double claiming between entities and national governments;
・Carbon crediting programmes that have measures to minimize the risk of leakage.

【3.6】Evaluation of adverse impacts and countermeasures
Adverse impacts of the Servicesʼ carbon neutrality initiatives on the environment andsociety were evaluated. As a result, adverse impacts of EV introduction on them wereprimarily assumed. In order to respond to the impacts, the introduction of EVs withcartridge batteries is being promoted, which can be expected to provide the following
positive eﬀects.
In order to revise the management plan and introduce new measures, adverse impacts ofthe measures on the environment and society will be periodically evaluated through themethods such as environment assessment, while measures allowing for reduction of the
impacts will be examined.

・Assumed adverse impacts of EV introduction:▶ Disposal of dead battery waste▶ Decrease of vehicle life due to battery life
▶ Increase of power load due to concentration of charging timing on non-operational hoursof vehicles

・Countermeasures:
The introduction of EVs with cartridge batteries is being promoted, which can be expected
to provide the following positive eﬀects.
▶ Separation between batteries and vehicle bodies allows for the secondary use of thebattery at delivery depot. This promotes the reuse of the battery and reduces battery
waste.
▶ Separation between batteries and vehicles allows the vehicle to be used for a longer
term without the inﬂuence of a battery life.
▶ Batteries are separated from vehicles, and replacement batteries are charged also during
the operation of the vehicle. This method can disperse charging hours and reduce powerloads.

18

【3.7】Revision of the management plan
Yamato Groupʼs related subcommittees, described in【3.1】, will periodically evaluate theprogress of the declared target values. Based on the results of the evaluation, the Green
Innovation Development Department will revise the carbon management plan every 12
months.

The management and directors, described in【3.1】, participate in the committee at eachlevel. At the meeting of the committee, the statuses of response to environmental issues
that include the performance for the environmental targets such as the progress of GHG
emission reduction, and identiﬁcation and evaluation of climate-related risks andopportunities, the status of compliance with laws and regulations, the results of audits,
plans for the next quarter, and so on, are reported and monitored, and checked andevaluated. Speciﬁcally, these matters are reported from the on-site responsible environment
committee (four times a year) to the Regional Environment Committee (four times a year),each group companyʼs environment committee (once a year), the Environment Committee
deliberating 4 environmental issues (three times a year) and the Yamato Group Environment
Subcommittee, and subjected to the top management review of the President and reported
to the Board of Directors and checked by the Board.

The Green Innovation Development Department is responsible for demonstrating andverifying carbon neutrality of the 3 delivery services, while quantifying the organizationʼs
viewpoints, the actual situation and variation of GHG emissions in the whole life cycle andeach process of a product or service through the annual calculation of carbon footprints of
the Services. The Department monitors and evaluates the current GHG emission reduction
measures and future additional measures by checking planned values against actual values,
and reports and reviews a diﬀerence between the planned and actual values and necessary
measures for correcting the diﬀerence at the meeting of its related committee, thereby
revising the carbon neutrality pathway and the management plan in each reporting period.

4 GHG emission reductions in the First Reporting period【4.1】Standards and methods for quantiﬁcation of GHG emission reductions
GHG emission reductions were calculated based on a comparison between actual GHG
emissions in FY2021 and FY2022. In order to calculate the carbon footprints of theServices, the following methodologies were used.
・ISO 14067:2018
・ISO 14040:2006

19

The data and scenarios that were used to calculate them are shown in Chapter 2.

【4.2】Implemented GHG emission reduction enhancement
・We planned to newly introduce 500 electric vehicles in FY2022. The number of actually
introduced EVs was 331. The reason that the planned EVs were not introduced is that a delay
in EV production occurred due to product recall. Such a delay could not be assumed during
the dawn of EV age, but the production of EVs is expected to become stable over time. In
order to reduce the risk of a gap between planned and actual introductions, Yamato Transport
Co., Ltd. will make orders earlier by reviewing internal authorization processes. The annual
travel distance of EVs used for collection and delivery was 190,000 km in FY2021, andincreased to 1,110,000 km in FY2022 by about 6 times.

・We planned to newly install solar power generation equipment (on-site generation) to 12
buildings in FY2022. The generation equipment was actually installed to 5 of the buildings. The
reason that the equipment was not installed to all of the planned buildings is that the
manufacturer required a longer time than initially planned to procure materials. The
consumption of renewable energy from the solar power generation equipment (private
generation and PPA) was about 1,100 MWh in FY2021, and increased to about 1,600 MWh by
about 500 MWh.

・Promoting conversion from conventional lighting to all-LED lighting in the buildings of logistics
facilities, we planned to introduce all-LED lighting at 932 buildings, and fully installed LED lights
to 457 of the buildings. Accordingly, all-LED lighting buildings accounted for 54% out of thetotal. Due to the changes of implementation plan, Introduction of all-LED lighting was not fully
achieved as planned. We will improve the progress of conversion of all-LED lighting in thebuildings from the conventional lighting by accelerating orders and other measures.

・The rate of consumption of electric power from renewable energy was increased from 10% in
FY2021 (61,380,928 kWh) to 19% (123,011,625 kWh).
・Toward the reductions of dry ice usage, a target for shift to 900 refrigerator trucks was set.
As a result, the number of refrigerator trucks was actually 1262. The consumption of dry ice
was 83,000 tons in FY2021 while it was 74,000 tons in FY2022, which accounts GHG emission
reductions by about 9,000 tons.
・The load factor of trucks in line haul transportations was improved from 90.5% in FY2021 to92.8% in FY2022.

【4.3】Achieved GHG emission reductions: (See【Appendix B】)
In terms of emission intensity, GHG emissions were reduced by 0.00008t CO 2e/parcel or by
5.9% in comparison with the base year.
The rate of GHG emission reductions exceeded the annual average rate of GHG emission reduction20

in the 1.5°C scenario (annual rate of 4.1% in the case of SBTi). As shown from thebackground described in 3.4, there were no GHG emissions removed due to that theremoval measures were not introduced in FY2022.
・Base year (FY2021): 0.00136 t CO2e/parcel
・First reporting period (FY2022): 0.00128t CO 2e/parcel (in consideration of the corporate
goods price index)

FY2021 GHG emissions (total) (t CO2e)

FY2022 GHG emissions (total) (t CO2e)

2,570,761

2,464,448

・Line haul transportation between hub terminals accounts for many of GHG emissions from
Yamato Transport Co., Ltd. In this process, Transportation routing and the number ofoperational trucks were revised, which contributed to reduce the GHG emissions by about
20,000 tons or by 4% per parcel in comparison with the base year.
・Eﬀorts to control the number of operational trucks, also in transportation between a logistics
base and delivery depot were made, thereby reducing the GHG emissions by about 10,000
tons or by 5% per parcel in comparison with the base year.
・The usage of dry ice used for cool delivery services was reduced, thereby reducing the GHG
emissions by about 20,000 tons
・Eﬀorts to introduce EVs for a collection and delivery process were made, thereby reducing the
GHG emissions by about 1% per parcel in comparison with the base year.

【4.4】Calculation uncertainty and variability[Scenario of transportation for raw material procurement]
The GHG emissions from transportation for raw material procurement were calculated on thebasis of the scenario described in Chapter 2. The rate of procurement transportation is 0.56%
in FY2022. In the transportation scenario, the relevant emissions become half of the total on
the assumption of a land transportation distance of 250 km. The GHG emissions intensity is
0.00363kg CO2e in FY2022. The total of the GHG emissions are as described in【4.3】and thesame as in the base year (see【2.5】), so it can be understood that the total of the GHG
emissions have little inﬂuence on the result of calculation based on the transportation scenario.

[Primary data (data on costs)]
Data on paid costs were calculated on the basis of the scenario described in Chapter 2. The
costs were corrected based on the corporate goods price index. As a result, the rates ofvariation in the costs paid by Yamato Transport and by the subcontractor were +9.55% and+5.14% before correction, and +0.14% and -3.89％ after correction, in comparison withFY2021, respectively. On the other hand, the rates of variation in the GHG emissions
from our company and from the subcontractor were +5.10% and +2.8correction, and21

-3.93% and -6.01% after correction, in comparison with FY2021, respectively. Since a
diﬀerence between the rates of variation in the costs is larger than that between those ofvariation in the costs, it is considered that the primary data corrected based on thecorporate goods price index have little inﬂuence on the GHG emissions. Consequently, it isunderstood that a factor for variation in the GHG emissions greatly depends on the content
of the activities.

[Electricity from renewable energy sources]
The amount of electricity from renewable energy is 123,012 MWh in FY2022. As describedin the scenario, due to that it is diﬃcult to grasp the activities of raw material procurementin the production of electric power from renewable energy sources, the GHG emissions fromthe relevant activities were calculated, using a Japanese average of upstream emission
factor in power generation based on the Ministry of the Environment DB Ver3.2. The
environmental impact resulting from the construction of capital goods was derived in asimulated manner, using an equation of IDEA emission factor (national average of emissions
factors in 2018) ‒ (Emission factor by electric company + the Environment DB Ver3.2)
based on the IDEAʼs emission factor, the Ministry of the Environment DB Ver3.2 and anemission factor by electric company. If the environmental impact in the upstream process of
power generation is taken into account, The GHG emissions in FY2022 from the use ofelectric power from renewable energy sources becomes equivalent to 8.48×10^(-0.60) t
CO 2e. When the GHG emissions only from the upstream process is only compared with thecalculated result in the scenario, the GHG emissions is increased by about 94%, but is foundto negligibly contribute to the total emission.

[Waste (recycled)]
Since it is diﬃcult to specify which waste type can be recycled, the GHG emissions from thewaste were calculated on the assumption that a type of waste is paper waste, as describedin the scenario. With incineration of paper waste, the GHG emissions from the waste
accounted for 0.27% of the total GHG emissions in FY2022. Collected data on paper waste
are close to the actual situation, while the GHG emissions from the waste has a minor eﬀect
on the total GHG emissions. Consequently, it is considered to be appropriate to calculate it
based on the set scenario.

22

5 Oﬀsetting in the First Reporting period【5.1】Oﬀset GHG emissions
In order to achieve carbon neutrality, Yamato Transport Co., Ltd. purchased carbon credits
and oﬀset unabated GHG emissions. GHG emissions (unabated GHG emissions) that are
oﬀset in FY2022 are 2,464,448 t CO2e.

Base year (FY2021)

First reporting period (FY2022)

Amount of GHG emission

Amount of reduction

Amount of GHG emission (oﬀset)

2,570,761t CO2e

106,313t CO2e2,464,448t CO2e【5.2】Methodologies for carbon credits[Methodologies for purchased carbon credits]
All carbon credits, and all carbon credit projects that produced applicable carbon credits
were veriﬁed according to the VCS (Veriﬁed Carbon Standard), fell under the scheme forVER (Veriﬁed Emission Reduction), and satisﬁed the principles described in【3.5】.
*The requirements for the credits of the VCS are described in detail at the following URL.
https:[Countermeasures to avoid double counting between government and Yamato Transport]
In order to avoid double counting between the government and Yamato Transport, theYamato Group commits to procuring credits that conform to the Paris Agreement. A
corresponding adjustment mechanism that corresponds to Article 6 of the Paris Agreement
has not be established yet, so the purchased credits for the reporting period have not been
subjected to corresponding adjustment. When the corresponding adjustment mechanism isestablished in the future and credits corresponding to the mechanism become available,
Yamato Transport will move to the procurement of the credits applicable to the mechanism.

23

【5.3】Details of carbon credit projects
Project
nameCountryType

1

Hunan Xiangtan
Landﬁll Gas Power

China

Landﬁllgas

2Sanya Landﬁll Gas
Power

China

Landﬁllgas

3

Bundled Solar by
ACME

4Solar Power by
Adani Green Energy

5Ghani Solar
Renewable Powerby Greenko Group

6

Solar Power by
Mytrah Energy

7

Renewable Solar
Power by ReNew
Solar Power8

Bundled Wind
Power byMytrah Group

9

10

11
12

13
14

Bundled Solar by
SolarArise

BugoyeHydropower

Murat HEPP
Renewable Wind
Power by Axis
Wind Farms

Solar by Giriraj
Renewables
Andhra Lake
Phase II

India

Solar
power
generation

Veriﬁcation ProjectID
organization

VCS

VCS

VCS

Methodology

2299

Waste handling anddisposal

ACM0001

2019

2337

Waste handling and ACM0001
disposal

20192020

1753

India

Solar
power
generation

India

Solar
power
generation

VCS

1792

India

Solar
power
generation

VCS

1784

India

Solar
power
generation

India

Wind
power
generation

India

Solar
power
generation

Hydro
Uganda power
generation

Turkey

India

India

India

Hydro
power
generation
Wind
power
generation

Solar
power
generation
Wind
power
generation

VCS

VCS

VCS

VCS

VCS

VCS

VCS

VCS

VCS

Year ofproduction

Project type

1815

Energy industries(renewable/nonrenewable sources)

Energy industries(renewable/nonrenewable sources)

Energy industries(renewable/nonrenewable sources)
Energy industries(renewable/nonrenewable sources)

1851

Energy industries(renewable/nonrenewable sources)

1728

Energy industries(renewable/nonrenewable sources)

1762

1199

Energy industries(renewable/nonrenewable sources)

Energy industries(renewable/nonrenewable sources)

ACM0002

ACM000220182019

20182019

Date ofretirement

Retirement
registry
URL

Serial number

24,00018/10/23

Link-110297-200649915-200673914-VCS-VCU-997VER-CN-13-2299-29012019-31122019-1

100,000

18/10/23

Link-110313-201442542-201479450-VCS-VCU-997VER-CN-13-2337-01012020-31122020-0

Link-210291-200165744-200228834-VCS-VCU-997VER-CN-13-2337-22032019-31122019-0

Link-18996-59157355-59172737-VCS-VCU-997-VERIN-1-1753-01032018-31122018-0

Link-29031-62282899-62300286-VCS-VCU-997-VERIN-1-1753-01012019-31122019-0

Link-37251-380987634-381085654-VCU-034-MER-IN-1-1753-01012018-28022018-0

Link-47251-380985456-380987633-VCU-034-MER-IN-1-1753-01012018-28022018-0

Link-58996-59189225-59204607-VCS-VCU-997-VERIN-1-1753-01032018-31122018-0

Link-68996-59859009-59859808-VCS-VCU-997-VERIN-1-1753-01032018-31122018-0

Link-78996-59210789-59227275-VCS-VCU-997-VERIN-1-1753-01032018-31122018-0

Link-88996-59172738-59189224-VCS-VCU-997-VERIN-1-1753-01032018-31122018-0

Link-98996-59227276-59657354-VCS-VCU-997-VERIN-1-1753-01032018-31122018-0

Link-1

8378-12411456-12596934-VCS-VCU-997-VERIN-1-1815-01102018-31122018-0

Link-2

8377-11202841-11517361-VCS-VCU-997-VERIN-1-1815-01012019-31012019-0

Quantity(t CO 2e)612,206

500,000

18/10/23

18/10/23

ACM00022018

61,451

18/10/23

Link-1

8497-25891527-25952977-VCS-VCU-997-VERIN-1-1792-01072018-31122018-0

ACM000220172019

350,000

18/10/23

Link-17238-379342789-379375855-VCU-034-APX-IN-1-1784-19062017-31122017-0

Link-27237-379151162-379218094-VCU-034-APX-IN-1-1784-01012018-31122018-0

Link-310452-217995560-218245559-VCS-VCU-997VER-IN-1-1784-18032019-31122019-0

Link-17245-379769967-379969966-VCU-034-APX-IN-1-1851-01012018-25102018-0

Link-210705-241134796-241434795-VCS-VCU-997VER-IN-1-1851-01012019-24122019-0

Link-17638-416174282-416174398-VCU-034-APX-IN-1-1728-01012017-24112017-0

Link-27048-366330283-366330310-VCU-034-APX-IN-1-1728-01012017-24112017-0

Link-1

10732-245349933-245354932-VCS-VCU-997VER-IN-1-1762-01012019-31122019-0

Link-210732-245356483-245361251-VCS-VCU-997VER-IN-1-1762-01012019-31122019-0

Link-310732-245412935-245444934-VCS-VCU-997VER-IN-1-1762-01012019-31122019-0

Link-110870-253578820-253599750-VCS-VCU-997VER-UG-1-1199-01012018-31122018-0

Link-210871-253627243-253639197-VCS-VCU-997VER-UG-1-1199-01012019-06102019-0

Link-310872-253654898-253663540-VCS-VCU-997VER-UG-1-1199-01012017-31122017-0

Link-410870-253599751-253627242-VCS-VCU-997VER-UG-1-1199-01012018-31122018-0

Link-510871-253639198-253642868-VCS-VCU-997VER-UG-1-1199-01012019-06102019-0

Link-610872-253663541-253674893-VCS-VCU-997VER-UG-1-1199-01012017-31122017-0

Link-710871-253642869-253654823-VCS-VCU-997VER-UG-1-1199-01012019-06102019-0

ACM0002

ACM0002

ACM0002

AMS-I.D20182019

2017

2019

20172019

500,000

145

41,76996,00018/10/23

18/10/23

18/10/23

18/10/23

1344

Energy industries(renewable/nonrenewable sources)

ACM00022020

10,00018/10/23

Link-113287-489255119-489265118-VCS-VCU-262VER-TR-1-1344-01012020-30092020-0

2052

Energy industries(renewable/nonrenewable sources)

ACM000220182019

129,405

18/10/23

Link-18601-33480546-33605842-VCS-VCU-1491-VE
R-IN-1-2052-02032018-31122018-0

Link-28600-33476438-33480545-VCS-VCU-1491-VE
R-IN-1-2052-01012019-30112019-0

1786

Energy industries(renewable/nonrenewable sources)

ACM00022019

13,064

18/10/23

Link-19729-128128746-128141809-VCS-VCU-997-V
ER-IN-1-1786-01042019-31122019-0

1481

Energy industries(renewable/nonrenewable sources)

ACM00022018

26,408

18/10/23

Link-1

8322-8410300-8436707-VCS-VCU-279-VER-IN1-1481-01012018-31122018-0

Total

2,464,44824

6 Activities towards the Future【6.1】The next reporting period
In this carbon neutrality report, Yamato Transport Co., Ltd. claims the achievement ofcarbon neutrality for the ﬁrst reporting period FY2022 and the commitments by FY2050
which is long-term target year concerning carbon neutrality of 3 delivery services. In thenext reporting period, the achievement of carbon neutrality in the second reporting period
will be demonstrated and veriﬁed by following steps. Data on emissions is to be collected
and compiled from April 2024 onward after the completion of the previous ﬁscal year,
conﬁrm amount of GHG emission reduction, revise the management plan, and oﬀset the
GHG emissions. After that, it is scheduled that the veriﬁcation by a third-party is made from
August 2024 onward.

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Target period
Development andimplementationof management planFirst
reportingperiodData collection andcalculationin the target period
Oﬀset
Third-party organization
veriﬁcation(PAS 2060: 2014)
Third-party organization
veriﬁcation(ISO 14068-1:2023)
Target period
Implementation ofmanagement plan

SecondreportingperiodRevision ofmanagement plan
Data collection andcalculationin the target period
Oﬀset
Third-party organization
veriﬁcation(ISO 14068-1:2023)

Fig. 3 Schedule for ﬁrst and second reporting periods【6.2】Management of this carbon neutrality report andmaintenance of the claims
After this carbon neutrality report and its related supporting documents are listed, theGreen Innovation Development Department, which is responsible for carbon neutrality
management, will manage a list of the report and documents and electronically store it for
6 years.

In the case where a change or event aﬀecting the eﬀectiveness of the carbon neutrality
claims occurs, the Department identiﬁes the current status of the carbon neutrality

25

management, and then, revises this carbon neutrality report and the claims as needed. The
following cases that may makes the claims invalid are assumed.

・Case resulting from business environment: Case in which the lifecycles and carbon
footprints of the 3 delivery services under the declaration are signiﬁcantly changed due tothe change of the delivery business during the commitment period or in which it becomesdiﬃcult to quantify the carbon footprints in the future due to suspension or cessation of
the delivery business, etc.
・Case resulting from calculation: Case in which a signiﬁcant defect that the carbon
footprints in the ﬁrst reporting period are not equal to the amount of procured credits andcannot be completely oﬀset by the credits is found in the calculation described in thiscarbon neutrality report.
・Case resulting from external environment: Case in which a forced GHG emission reduction
target is applied during the commitment period, etc.

In the case of a change in the claims and in the content of the demonstration, the carbon
footprints will be recalculated, and the content will be revised, in accordance with the samerequirements as in this carbon neutrality report and within three months after the change,
thereby maintaining the eﬀectiveness of the claims with an announcement of the revisedcarbon neutrality report. If it is diﬃcult to quantify the carbon footprints in the future or the
status of the carbon neutrality cannot be maintained, this carbon neutrality report and theclaims will be withdrawn.

26

【Appendix A】Flowchart of lifecycles of the Services
Parcelpacking

Parcel reception
at an agency/
delivery locker

Parcelcollection

Packing

DeliverylockerRoadtransportation

AgencyRoadtransportation

Parcel reception/sorting at
a sales oﬃce

Parcelreception/
packing/sorting at asales oﬃce

Transportationfrom a delivery
depot toa hub terminal

Parcel sorting at
a hub terminal(at a starting point
or relay point)

Transportation
between hub
terminals

Parcel sorting at
a hub terminal(at an arrival point)

Transportationfrom hub to
depot

Parcel sortingat a delivery
depot

DeliveryRoadtransportation

Sorting ata hub
terminalRoadtransportation

Sorting ata hub
terminalRoadtransportation

Sortinga delivery
depot

Road
transportation

Marinetransportation

Marinetransportation

Handover at anagency ordelivery locker

Packing
Disposal

DeliverylockerAirtransportationRoad
transportationRoad
transportation

RailwaytransportationRoad
transportationRoad
transportation

Disposal

Disposal

Disposal

IT system and call center

Disposal

Reception

Agency【Appendix B】Results of Calculation of Carbon Footprints
1. Deﬁnition of Subject
1.1 Subject

One parcel under delivery services (TA-Q-BIN, TA-Q-BIN Compact and EAZY)

1.2 Purpose of calculation

Veriﬁcation of carbon neutrality claims of delivery services by ISO 14068-1:2023

1.3 Calculation unit

Per parcel under delivery services (TA-Q-BIN, TA-Q-BIN Compact and EAZY)

1.4 Elements of productIn-house activities and subcontracted activities

1.5 Calculation period

・April 2021 to March 2022 (FY2021)
・April 2022 to March 2023 (FY2022)

1.6 Characterization factor

Global warming potential

IPC2013 GWP100a

1.7 Presence or absenceof comparative assertion

Absence

1.8 Interpretation ofcomparative assertion

・The relevant results of calculation of the carbon footprints satisfy the
purpose of calculation. The carbon footprints were calculated based on
the requirements for quality of collected data. The presence of
uncertainty in the calculated results as shown in the analysis of
uncertainty must be taken in account.

2 Product Life Cycle Stage and Exclusion Standards
2.1 Life cycle stage to be
calculated forcarbon footprints

・Parcel reception at an agency or in a delivery locker
・Parcel collection
・Parcel reception and sorting at a delivery depot
・Transportation from a delivery depot to a hub terminal
・Parcel sorting at a hub terminal (at a starting point or relay point)
・Transportation between hub terminals
・Parcel sorting at a hub terminal (at an arrival point)
Transportation from a hub terminal to a delivery depot
・Parcel sorting at a delivery depot
・Delivery
・Handover at an agency or delivery locker
・IT system and call center・Procurement and disposal of raw materials such as materials involved inparcel transport by delivery services

2.2 Cut-oﬀ criteria

・The upstream GHG emissions of electric power from renewable energy
sources were converted to an emission factor derived from fossil fuel, but
it was determined to be diﬃcult to grasp the environmental impact
resulting from the construction of capital goods. For this reason, therelevant power is deemed to be excluded from the calculation.
・Disposal of packing materials by ﬁnal consumers is deemed to be
excluded in the case where it is diﬃcult to identify the weight of thematerials to be disposed of.
・In consideration of data collection man-hours, the items that have a minoreﬀect on the CFPs are deemed to be excluded, as long as that can bereasonably estimated.

3 Calculation Policy and Method
3.1 Referenced standards

・ISO 14067: 2018
・ISO 1404: 2006

3.2 Requirements for
quality of collected data

・Collected data were as of August 31, 2023. The collected data will bevalid until the data aggregation method or management method changes
or evidence is lost.
・Data on electric power etc. whose collection is diﬃcult for calculation offunctional units are deemed to be activity data of the relevant productwithout being allocated.

3.3 Methods fordata collection

・Activity data are basically collected on the basis of primary data (physicalamounts). If it is diﬃcult to collect the primary data (physical amounts),
the relevant data are collected on the basis of primary data (monetary
values). If it is diﬃcult to acquired primary data, secondary data speciﬁedby our company are used.
・The amount of copy paper used in parcel sorting is calculated on thebasis of an assumed scenario due to that it is diﬃcult to measure an
actual input of copy paper.

3.4. Secondary data
(Emission factors)

・IDEA Ver3.1
・Ministry of the Environment DB Ver3.2
・GLIO

3.5 Secondary data
(Scenario)

・For a transport distance, a vehicle type and a loading rate in the stage ofraw material procurement, an averaged loading rate of 10-ton trucks andthe absence of return cargos were assumed on the assumption of a
500-km land transport distance.
・It was assumed that waste (whose disposal method is unknown) would be
incinerated due to that it is diﬃcult to grasp the actual situation of thedisposal method.
・It was assumed that waste (recycled amount) would be paper waste(recycled) because much of the waste is assumed to be applicable topaper waste.
・Valuables were excluded from the calculation based on the relevant scopeand purpose of the calculation.
・It is assumed that 3 pieces of A5 are used per roll box pallet fortransportation in the sorting process. The number of transported roll box
pallets was multiplied by the number of pieces (3) of A5 copy paper and aweight (2 g) of one piece of copy paper. Based on the result of themultiplication, the input of copy paper was calculated.
・Due to a large inﬂuence of corporate goods price increases on the activity
data during FY2021 and FY2022, the activity data were corrected with theuse of a corporate goods price index concerning costs paid in FY2022
and on the basis of costs paid in FY2021.

3.6 Allocation

・The GHG emissions of the whole of the relevant process were allocatedaccording to the number of parcels to be delivered, thereby calculating
the amount of emissions per functional unit.

3.7 Important unit
processes

Parcel collection, transportation between hub terminals, delivery

3.8 Handling ofelectric power

For an emission factor of electric power from renewable energy, an
upstream power emission factor in the Ministry of the Environment DB
Ver3.2 was used on the assumption that an emission factor at the use ofelectric power is 0 based on an emission factor by electric company, due
to the absence of correct emission factors before the process from raw
material procurement to production of electric power.

3.9 How to use
secondary data

・The amount of GHG emissions was calculated without taking into accountthe increase/decrease of the GHG emissions that is caused by variation in
the GHG emissions unit values, so was calculated with the use of the same
database.
・For data on physical amounts, IDEA Ver3.1 was in principle used. The GHG
emissions from transportation for raw material procurement were
calculated based on a scenario set for purchased products.
・For data on monetary values, GLIO was in principle used. The GHG
emissions from transportation for raw material procurement were
calculated with the use of emissions unit values on a consumer price basis.

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4.1 CFP values

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3.9 How to use
secondary data
・For waste data, the Ministry of the Environment DB Ver3.2 was inprinciple used. The amounts of incinerated, buried and collected waste
were calculated with the use of IDEA Ver3.1.
・Environmental impact resulting from transportation of waste wascalculated from the Ministry of the Environment DB Ver3.2.

4 Results of Calculation

・FY2021: 0.00136 [t CO2e] (1.36 [kg CO2e])・FY2022 (Corporate goods price index: 0.00128 [t CO2e] (1.28 [kg CO2e])

4.2 Detail of CFP (FY2021)

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4.4 Uncertainties on
the accuracy ofthe quantiﬁedcarbon footprint(1) Scenario of transportation for raw material procurement
The GHG emissions from transportation for raw material procurement
were calculated on the basis of the aforementioned scenario. The rates ofprocurement transportation are 0.60% in FY2021 and 0.54% in FY2022.
In the transportation scenario, the relevant emissions become half on theassumption of a land transportation distance of 250 km. The sizes of the
GHG emissions are 0.00411kg CO 2 e in FY2021 and 0.00363 kg CO 2 e in
FY2022. It can be understood that the total of the GHG emissions havelittle inﬂuence on the result of calculation based on the transportation
scenario as described in【4.1】.
(2) Primary data (data on costs)
Data on paid costs were calculated on the basis of the scenario describedin Chapter 2. The costs were corrected based on the corporate goods
price index. As a result, the rates of variation in the costs paid by ourcompany and by the subcontractor were +9.55% and +5.14% before
correction, and +0.14% and -3.89％ after correction, in comparison withFY2021, respectively. On the other hand, the rates of variation in the GHG
emissions from our company and from the subcontractor were +5.10%
and +2.82% before correction, and -3.93% and -6.01% after correction,
respectively, in comparison with FY2021. Since a diﬀerence between therates of variation in the costs is larger than that between those ofvariation in the costs, it is considered that the primary data correctedbased on the corporate goods price index have little inﬂuence on the GHG
emissions. Consequently, it is understood that a factor for variation in the
GHG emissions greatly depends on the content of the activities.
(3) Electric power from renewable energy sources
The amounts of electric power from renewable energy sources were
61,381 MWh in FY2021 and 123,012 MWh in FY2022, respectively. As
described in the scenario, due to that it is diﬃcult to grasp the activities
of raw material procurement in the production of electric power fromrenewable energy sources, the GHG emissions from the relevant activities
were calculated, using a Japanese average of upstream emission factor in
power generation based on the Ministry of the Environment DB Ver3.2.
The environmental impact resulting from the construction of capital
goods was derived in a simulated manner, using an equation of IDEA
emission factor (national average of emissions factors in 2018) ‒(Emission factor by electric company + the Ministry of the Environment
DB Ver3.2) based on the IDEAʼs emission factor, the Ministry of theEnvironment DB Ver3.2 and an emission factor by electric company. If theenvironmental impact in the upstream process of power generation istaken into account, the GHG emissions from the use of electric powerfrom renewable energy sources become equivalent to 4.31 × 10^(-0.6t)
CO 2 e in FY2021 and 8,48 × 10^(-0.6t) CO 2 e in FY2022, respectively.
When the GHG emissions only from the upstream process is comparedwith the calculated result in the scenario, the GHG emissions is increased
by about 94% in both of the two ﬁscal years, but is found to negligibly
contribute to the total emission.
(4) Waste (recycled)
Since it is diﬃcult to determine which waste type can be recycled, theGHG emissions from the waste were calculated on the assumption that a
type of waste is paper waste, as described in the scenario. With
incineration of paper waste, the GHG emissions from the waste accounted
for 0.35% of the total in FY2021 and 0.27% of that in FY2022 (inconsideration of the corporate goods price index), respectively. Collected
data on paper waste are close to the actual situation, while the GHG
emissions from the waste have a minor eﬀect on the total. Consequently,
it is considered to be appropriate to calculate it based on the set scenario.

3FGFSFODF  ': 3FEVDUJPO CZ &NJTTJPO 4PVSDF JO DPNQBSJTPO XJUI UIF CBTF ZFBS
FY2021[t CO2e/parcel]

Process name

FY2022(Corporate goods price index)[t CO2e/parcel]

Reduction[t CO2e/parcel]

Total

Total

Total

Parcel reception (Agency/delivery locker)

0.00002809

0.00002603

0.00000206

Parcel collection

0.00017591

0.00017726-0.00000135

Parcel reception and sorting (at delivery depot)

0.00006396

0.00005746

0.00000650

Transportation from a delivery depot to a hub terminal

0.00006564

0.00005985

0.00000580

Parcel sorting (at a starting point)

0.00007955

0.00007787

0.00000168

Transportation between hub terminals

0.00031823

0.00030017

0.00001806

Parcel sorting (at a relay point )0.00000932

0.00000837

0.00000095

Transportation between hub terminals

0.00008296

0.00007212

0.00001084

Parcel sorting (at an arrival point)

0.00006995

0.00006271

0.00000724

Transportation from a hub terminal to a delivery depot

0.00009178

0.00008450

0.00000728

Parcel sorting (at a delivery depot)

0.00005973

0.00005480

0.00000493

Delivery

0.00030435

0.00029008

0.00001427

Handover at an agency or delivery locker

0.00000304

0.00000290

0.00000015

From procurement of materials and raw materials fordelivery service transportation to disposal of the materials

0.00000970

0.00000761

0.00000209

Total

0.00136219

0.00128170

0.00008049

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Activity data (2021) [kWh]Activity data (2022) [kWh]Emissions (2021) (t CO2e)

Emissions (2022) (t CO2e)

General electricity

469,841,216

421,696,080

265,747

238,516

Renewable electricity

61,380,928

123,011,62500Electric power

531,222,144

544,707,705

300,465

308,093

Indirect emissions from energy
Market-based approach
Location-based approach*The result of calculating the activities and emissions on the basis of the market standards was reﬂected into the CFP values.

【Appendix C】Certiﬁcate for Retirement of Carbon Credits
1. Hunan Xiangtan Landﬁll Gas Power

2. Sanya Landﬁll Gas Power

3. Bundled Solar by ACME

4. Solar Power by Adani Green Energy

5. Ghani Solar Renewable Power by Greenko Group6. Solar Power by Mytrah Energy

7. Renewable Solar by ReNew Solar Power8. Bundled Wind Power by Mytrah Group

9. Bundled Solar by SolarArise10. Bugoye Hydropower11. Murat HEPP

12. Renewable Wind Power by Axis Wind Farms

13. Solar by Giriraj Renewables

14. Wind Power Andhra Lake Phase II