In 2024, Daikin Industries 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).
Daikin Industries 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) | 2024 | 2023 | 2022 | 2021-2019 |
|---|---|---|---|---|
Total Scope 1 | 513,738a | 523,608b | 547,000a | |
Total Scope 2 | ||||
Market-Based | 365,511a | 406,757b | 484,000a | |
Location-Based | 558,635a | 536,372b | 541,000a | |
Total Scope 3 | 312,210,000a | 328,640,000a | 336,940,000a | |
Total Scope 1 Revenue Intensity (tCO2e/$M) | 17.7008a | 17.517b | 21.4677a |
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In 2024, the total operational greenhouse gas (GHG) emissions of Daikin Industries amounted to 1,072,373 metric 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 Daikin Industries increased by 1.17%, suggesting that the company faced challenges in reducing its emissions from its core operations.ab
In 2024, the total Scope 1 emissions of Daikin Industries were 513,738 metric tons of CO₂ equivalent (tCO₂e).a
Since 2019, Daikin Industries's Scope 1 emissions have decreased by 25.22%, reflecting a declining long-term trend in Scope 1 emissions over time.a
Compared to the previous year (2023), Daikin Industries's Scope 1 emissions decreased by 1.88%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.ab
In 2024, Daikin Industries reported Scope 2 greenhouse gas (GHG) emissions of 365,511 tCO₂e using the market-based method and 558,635 tCO₂e using the location-based method.a
Since 2019, Daikin Industries's Scope 2 greenhouse gas (GHG) emissions (Location-Based) have decreased by 25.52%, reflecting a declining long-term trend in Scope 2 emissions over time.a
Compared to the previous year (2023), Daikin Industries's Scope 2 emissions (Location-Based) have remained relatively stable, indicating that Daikin Industries's emissions have plateaued with no significant change in its energy consumption footprint.ab
In 2024, Daikin Industries reported its Scope 2 emissions using the market-based method and using the location-based method.a
In 2024, Daikin Industries reported 312,210,000 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 Daikin Industries includes a breakdown across 12 of 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
In 2024, Daikin Industries reported total Scope 3 emissions of 312,210,000 metric tons of CO₂ equivalent (tCO₂e).a
Approximately 1.98% of these emissions originated from upstream activities such as purchased goods and capital goods, while 98.02% came from downstream activities like product use, distribution, and end-of-life treatment.a
Since 2019, Daikin Industries's Scope 3 emissionshave remained relatively stable, indicating that Daikin Industries's emissions have plateaued with no significant change in its value chain footprint.a
Compared to the previous year (2023), Daikin Industries's Scope 3 emissions remained relatively stable, indicating that Daikin Industries's emissions have plateaued with no significant change in its value chain footprint.a
In 2024, Daikin Industries 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.
In 2024, the largest contributors to Daikin Industries's Scope 3 emissions were:a
In 2024, Daikin Industries reported Scope 1 greenhouse gas (GHG) emissions of 513,738 tCO₂e and total revenues of USD 29,023 millions. This translates into an emissions intensity of 17.7 tCO₂e per millions USD.a
In 2024, Daikin Industries reported a Scope 1 emissions intensity of 17.7 tCO₂e per millions USD. Compared to the peer group median of 12.49, this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors.a
In 2024, Daikin Industries ranked 15 out of 24 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD).a
Daikin Industries is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency.a
In 2024, Daikin Industries reported a total carbon footprint of 313,282,373 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 4.98% decrease compared to 2023, indicating progress in reducing its overall greenhouse gas output.ab
The largest contributor to Daikin Industries's total carbon footprint was Scope 3 emissions, accounting for 99.66% of the company's total carbon footprint, followed by Scope 2 emissions at 0.18%.a