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Citizen Watch Co Ltd

Common Name
Citizen Watch
Country
Japan
Sector
Consumer Cyclical
Industry
Footwear & Accessories
Employees
11,935
Ticker
7762
Exchange
TOKYO STOCK EXCHANGE
Description
Citizen Watch Co., Ltd. is a renowned Japanese watch manufacturer, celebrated for its precision timekeeping and innovative designs. Recognized internationally, Citizen excels in crafting both quartz a...

Citizen Watch's GHG Emissions Data Preview

In 2024, Citizen Watch completed a corporate carbon footprint assessment and publicly disclosed its greenhouse gas (GHG) emissions according to the GHG Protocol, covering Scope 1 (direct emissions from owned or controlled sources), Scope 2 (indirect emissions from purchased energy) and Scope 3 (indirect emissions across the value chain).

Citizen Watch has also provided a category-level breakdown for 12 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.

Metric (tCO2e)2024202320222021 - 2017
Total Scope 1
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a
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0000000
Total Scope 2
Market-Based
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a
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a
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a
0000000
Location-Based
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a
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a
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a
0000000
Total Scope 3
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a
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a
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a
0000000
Total Scope 1 Revenue Intensity (tCO2e/$M)
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a
0000000
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Verified Sources Behind Citizen Watch’s Greenhouse Gas (GHG) Emissions Data

Every figure on this dashboard has a transparent audit trail. With Tracenable, each data point is traceable back to its original source, viewable directly inside our platform. Explore Citizen Watch’s data sources below and access millions more through our Disclosure Search.

a. Citizen Watch's ESG Data Spreadsheet 2024
a. Citizen Watch's ESG Data Spreadsheet 2024

Insights into Citizen Watch's Operational Emissions

In 2024, the total operational greenhouse gas (GHG) emissions ofCitizen Watch amounted to122,054metric tons of CO2 equivalent.This figure includes both direct emissions from owned or controlled sources (Scope 1) and indirect emissions from purchased energy (Scope 2).a

Compared to 2023, the total operational greenhouse gas (GHG) emissions of Citizen Watchdecreased by 6.03%, showing that the company has made progress in taking action to reduce the climate impact of its operations.a

Citizen Watch's Scope 1 Emissions Over Time

20192020202120222023202405 k10 k15 k20 ktCO2e-15%+10%+1%-7%-4%
  • Total Scope 1
  • Year-over-Year Change

What are Citizen Watch's Scope 1 emissions?

In 2024, the total Scope 1 emissions of Citizen Watch were 16,517 metric tons of CO₂ equivalent (tCO₂e).a

Has Citizen Watch reduced its Scope 1 emissions over time?

Since 2019, Citizen Watch's Scope 1 emissions have decreased by 16.42%, reflecting a declining long-term trend in Scope 1 emissions over time.a

Compared to the previous year(2023), Citizen Watch's Scope 1 emissions decreased by 3.98%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.a

What are Citizen Watch's Scope 2 emissions?

In 2024, Citizen Watch reported Scope 2 greenhouse gas (GHG) emissions of 79,034 tCO₂e using the market-based method and 105,537 tCO₂e using the location-based method.a

Has Citizen Watch reduced its Scope 2 emissions over time?

Since 2019, Citizen Watch's Scope 2 greenhouse gas (GHG) emissions (Location-Based)have decreased by 26.08%, reflecting a declining long-term trend in Scope 2 emissions over time.a

Compared to the previous year(2023), Citizen Watch's Scope 2 emissions(Location-Based) have remained relatively stable, indicating that Citizen Watch's emissions have plateaued with no significant change in its energy consumption footprint.a

What methodology does Citizen Watch use for Scope 2 reporting?

In 2024, Citizen Watch reported its Scope 2 emissions using the market-based method and using the location-based method.a

Citizen Watch's Scope 2 Emissions Over Time

201920202021202220232024040 k80 k120 k160 ktCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based

Insights into Citizen Watch's Value Chain Emissions

In 2024, Citizen Watch reported 1,043,851 metric tons of CO₂ equivalent (tCO₂e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.a

The 2024 disclosure of Citizen Watch includes a breakdown across 12of the 15 Scope 3 categories defined by the GHG Protocol,matching the level of disclosure in 2023, demonstrating consistent Scope 3 emissions reporting coverage year over year.a

Citizen Watch's Scope 3 Emissions Over Time

2019202020212022202320240450 k900 k1.35 M1.8 MtCO2e-16%+45%+43%-26%-14%
  • Total Scope 3
  • Year-over-Year Change

What are Citizen Watch's Scope 3 emissions?

In 2024, Citizen Watch reported total Scope 3 emissions of 1,043,851 metric tons of CO₂ equivalent (tCO₂e).a

Approximately 58.87%of these emissions originated from upstream activities such as purchased goods and capital goods, while 41.13%came from downstream activities like product use, distribution, and end-of-life treatment.a

Has Citizen Watch reduced its Scope 3 emissions over time?

Since 2019, Citizen Watch's Scope 3 emissionshave increased by 11.46%, reflecting a rising long-term trend in Scope 3 emissions over time.a

Compared to the previous year (2023), Citizen Watch's Scope 3 emissions decreased by 13.63%, highlighting the company's efforts to lower indirect emissions from its value chain.a

What categories of Scope 3 emissions does Citizen Watch disclose?

In 2024, Citizen Watch reported emissions for 12 out of the 15 Scope 3 categories defined by the GHG Protocol.a

This reflects a high level of granularity and transparency in the company's emissions reporting.

What are the main sources of Citizen Watch's Scope 3 emissions?

In 2024, the largest contributors to Citizen Watch's Scope 3 emissions were:a

  • Purchased Goods and Services (Cat. 1): 505,799 tCO₂e(48.46%)
  • Use of Sold Products (Cat. 11): 421,284 tCO₂e(40.36%)
  • Capital Goods (Cat. 2): 37,152 tCO₂e(3.56%)

Citizen Watch's Scope 3 Emissions by Categories

Purchased Goods andServices (Cat. 1)(48.5%)Use of Sold Products(Cat. 11)(40.4%)Capital Goods(Cat. 2)(3.6%)

Insights into Citizen Watch’s GHG Emissions Intensity Compared to Industry Peers

In 2024, Citizen Watch reported Scope 1 greenhouse gas (GHG) emissions of 16,517 tCO₂e and total revenues of USD 2,066 millions. This translates into an emissions intensity of 8 tCO₂e per millions USD.a

Citizen Watch's Scope 1 Emissions Intensity Compared to Peers

2050010,000200,0005,000,000Scope 1 Emissions (tCO2e)2001,0005,00050,000200,000Revenues (Millions of USD)KRASJAskulYear: 2024Scope 1: 2,423 tCO2eRevenue: $M 3,005Scope 1 Intensity: 0.81 tCO2e/$MKKK'S HoldingsYear: 2024Scope 1: 18,975 tCO2eRevenue: $M 4,744Scope 1 Intensity: 4.00 tCO2e/$MUSSYear: 2020Scope 1: 5,187 tCO2eRevenue: $M 723Scope 1 Intensity: 7.17 tCO2e/$MZOZOYear: 2024Scope 1: 34 tCO2eRevenue: $M 1,303Scope 1 Intensity: 0.03 tCO2e/$MRRRengoYear: 2024Scope 1: 535,000 tCO2eRevenue: $M 5,948Scope 1 Intensity: 89.94 tCO2e/$MDaiichikoshoYear: 2022Scope 1: 8,089 tCO2eRevenue: $M 777Scope 1 Intensity: 10.41 tCO2e/$MAAABC-MartYear: 2023Scope 1: 122 tCO2eRevenue: $M 2,129Scope 1 Intensity: 0.06 tCO2e/$MKoito ManufacturingYear: 2024Scope 1: 46,800 tCO2eRevenue: $M 6,275Scope 1 Intensity: 7.46 tCO2e/$MJ.Front RetailingYear: 2024Scope 1: 14,430 tCO2eRevenue: $M 2,702Scope 1 Intensity: 5.34 tCO2e/$MSSShimamuraYear: 2025Scope 1: 764 tCO2eRevenue: $M 4,444Scope 1 Intensity: 0.17 tCO2e/$MToyo Seikan Group HoldingsYear: 2024Scope 1: 374,000 tCO2eRevenue: $M 6,277Scope 1 Intensity: 59.58 tCO2e/$MToyo TireYear: 2024Scope 1: 265,100 tCO2eRevenue: $M 3,601Scope 1 Intensity: 73.62 tCO2e/$MIsetan Mitsukoshi HoldingsYear: 2025Scope 1: 26,479 tCO2eRevenue: $M 3,704Scope 1 Intensity: 7.15 tCO2e/$MRinnaiYear: 2024Scope 1: 34,320 tCO2eRevenue: $M 2,841Scope 1 Intensity: 12.08 tCO2e/$MBridgestoneYear: 2024Scope 1: 1,509,385 tCO2eRevenue: $M 28,218Scope 1 Intensity: 53.49 tCO2e/$MNissan MotorYear: 2024Scope 1: 442,000 tCO2eRevenue: $M 83,768Scope 1 Intensity: 5.28 tCO2e/$MSankyoYear: 2023Scope 1: 935 tCO2eRevenue: $M 1,181Scope 1 Intensity: 0.79 tCO2e/$MTakashimayaYear: 2024Scope 1: 18,204 tCO2eRevenue: $M 3,094Scope 1 Intensity: 5.88 tCO2e/$MJJJoshin DenkiYear: 2024Scope 1: 2,962 tCO2eRevenue: $M 2,666Scope 1 Intensity: 1.11 tCO2e/$MSkylark HoldingsYear: 2024Scope 1: 115,783 tCO2eRevenue: $M 2,555Scope 1 Intensity: 45.32 tCO2e/$MAsicsYear: 2024Scope 1: 3,262 tCO2eRevenue: $M 4,322Scope 1 Intensity: 0.75 tCO2e/$MNifcoYear: 2024Scope 1: 576 tCO2eRevenue: $M 2,454Scope 1 Intensity: 0.23 tCO2e/$MNHK SpringYear: 2025Scope 1: 43,000 tCO2eRevenue: $M 5,346Scope 1 Intensity: 8.04 tCO2e/$MStanley ElectricYear: 2021Scope 1: 3,464 tCO2eRevenue: $M 3,261Scope 1 Intensity: 1.06 tCO2e/$MCitizen WatchYear: 2024Scope 1: 16,517 tCO2eRevenue: $M 2,066Scope 1 Intensity: 8.00 tCO2e/$M

How does Citizen Watch's GHG emissions intensity compare to its peers?

In 2024, Citizen Watch reported a Scope 1 emissions intensity of 8 tCO₂e per millions USD. Compared to the peer group median of 5.61, this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors.a

Where does Citizen Watch rank on GHG emissions intensity within its industry?

In 2024, Citizen Watch ranked 17 out of 24 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD).a

Citizen Watch is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency.a

Insights into Citizen Watch's Total Carbon Footprint

In 2024, Citizen Watch reported a total carbon footprint of 1,165,905 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 12.89% decrease compared to 2023, indicating progress in reducing its overall greenhouse gas output.a

The largest contributor to Citizen Watch's total carbon footprint was Scope 3 emissions, accounting for 89.53% of the company's total carbon footprint, followed by Scope 2 emissions at 9.05%.a

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