Committed to a
Greener Tomorrow
Sustainability
at BaxEnergy
As global awareness of social and environmental crises grows, so does the responsibility of companies. BaxEnergy embraces this challenge with a clear mission: to create “Software Solutions for a Greener World.”
To this end, the company has set three key sustainability goals aimed at improving the efficiency and accessibility of renewable energy. BaxEnergy is shaping its path with purpose, turning its vision into concrete actions for a cleaner and more sustainable planet.
140+ GW
of renewable projects
managed by BaxEnergy
1.45 Billion
total savings generated
for customers (€)
4.35 Million
tons of CO2 abated per year
by using BaxEnergy’s solutions (tCO2/year)
Three Sustainability Goals
NET-ZERO EMISSIONS
NET-ZERO EMISSIONS
WELL-BEING
WELL-BEING
CIRCULAR ECONOMY
CIRCULAR ECONOMY
Six Areas
of contribution
Indicator
- CO2 emissions control amount through customers (accum. from FY18)
- GHG emissions (Scope1,2) (base year FY19)
- GHG emissions (Scope3) (base year FY19)
FY30 (FY50) target
- 1 billion t-CO2
(50% or more from renewable energy and new technologies) - 100% reduction by FY30
- 30% reduction by FY30*
100% reduction by FY50
*Emissions from purchased products/services (Category1) and emissions from use of sold products (Category11)
Indicator
- Economic value created by improving customer productivity efficiency
- Energy consumption (Intensity per sales, base year FY23)
FY30 (FY50) target
- 2 trillion yen by FY30
- 30% improvement by FY30
(average 5% improvement per year)
Indicator
- Number of plants/factories where Yokogawa has contributed to sustainable operations
- Water intensity (water withdrawals / sales, base year FY23)
FY30 (FY50) target
- 20,000 plants by FY30
- 20% reduction by FY30
Indicator
- Total number of people whose health & safety have been enhanced through solutions provided by Yokogawa’s customers
- Frequency rate of occupational accidents (number of lost time accidents and no lost time accidents / aggregate number of work-hours × 1,000,000)
FY30 (FY50) target
- 100 million people by FY30
- 0.40 or less by FY30
Indicator
- Indicators for sustainable raw material
FY30 (FY50) target
- To be determined in the first year of the mid-term business plan
Indicator
- Engagement to enhance employee well-being
- Achievements in human resource development and capacity development for transformation
- Achievement level of diversity, equity & inclusion
FY30 (FY50) target
- 84% or more by FY30
- Advancement of employee ability to fulfill future requirement for Yokogawa’s future. (including skill improvement
- Proportion of women in managerial positions: 20% by FY2030
Increase diversity in upper decision-making levels
Six Areas of Contribution
in society & industryOptimizing plant lifecycle
& protecting environmentImproving health
& safetyCreating a resource
recycling ecosystemCreating workplaces where
people can fulfill their potential
Achieving carbon neutrality
Indicator
FY30 (FY50) target
CO2 emissions control amount through customers (accum. from FY18)
1 billion t-CO2
(50% or more from renewable energy and new technologies)
GHG emissions (Scope1,2) (base year FY19)
100% reduction by FY30
GHG emissions (Scope3) (base year FY19)
30% reduction by FY30*
100% reduction by FY50
*Emissions from purchased products/services (Category1) and emissions from use of sold products (Category11)
Improving efficiency
in society & industry
Indicator
FY30 (FY50) target
Economic value created by improving customer productivity efficiency
2 trillion yen by FY30
Energy consumption (Intensity per sales, base year FY23)
30% improvement by FY30
(average 5% improvement per year)
Optimizing plant lifecycle
& protecting environment
Indicator
FY30 (FY50) target
Number of plants/factories where Yokogawa has contributed to sustainable operations
20,000 plants by FY30
Water intensity (water withdrawals / sales, base year FY23)
20% reduction by FY30
Improving health
& safety
Indicator
FY30 (FY50) target
Total number of people whose health & safety have been enhanced through solutions provided by Yokogawa’s customers
100 million people by FY30
Frequency rate of occupational accidents (number of lost time accidents and no lost time accidents / aggregate number of work-hours × 1,000,000)
0.40 or less by FY30
Creating a resource
recycling ecosystem
Indicator
FY30 (FY50) target
Indicators for sustainable raw material
To be determined in the first year of the mid-term business plan
Creating workplaces where people
can fulfill their potential
Indicator
FY30 (FY50) target
Engagement to enhance employee well-being
84% or more by FY30
Achievements in human resource development and capacity development for transformation
Advancement of employee ability to fulfill future requirement for Yokogawa’s future. (including skill improvement
Achievement level of diversity, equity & inclusion
Proportion of women in managerial positions: 20% by FY2030. Increase diversity in upper decision-making levels
BaxEnergy
Sustainability
Report 2024