In 2024, Daiwa House Industry 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).
Daiwa House Industry has also provided a category-level breakdown for 11 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 | 218,000a | 684,000a | 238,000a | |
Total Scope 2 | ||||
Market-Based | 14,000a | 16,000a | 131,000a | |
Location-Based | N/A | N/A | N/A | |
Total Scope 3 | 8,366,000a | 9,595,000a | 11,858,000a | |
Total Scope 1 Revenue Intensity (tCO2e/$M) | 6.3453a | 18.5627a | 6.5414a |
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In 2024, the total operational greenhouse gas (GHG) emissions of Daiwa House Industry amounted to 232,000 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 Daiwa House Industry decreased by 66.86%, showing that the company has made progress in taking action to reduce the climate impact of its operations.a
In 2024, the total Scope 1 emissions of Daiwa House Industry were 218,000 metric tons of CO₂ equivalent (tCO₂e).a
Since 2019, Daiwa House Industry's Scope 1 emissions have decreased by 20.44%, reflecting a declining long-term trend in Scope 1 emissions over time.ab
Compared to the previous year (2023), Daiwa House Industry's Scope 1 emissions decreased by 68.13%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.a
In 2024, Daiwa House Industry reported Scope 2 greenhouse gas (GHG) emissions of 14,000 tCO₂e using the market-based method.a
Since 2019, Daiwa House Industry's Scope 2 greenhouse gas (GHG) emissions (Market-Based) have decreased by 93.91%, reflecting a declining long-term trend in Scope 2 emissions over time.ab
Compared to the previous year (2023), Daiwa House Industry's Scope 2 emissions (Market-Based) fell by 12.5% in 2024, showing that the company has made progress in taking action to reduce the climate impact of its energy consumption.a
In 2024, Daiwa House Industry reported its Scope 2 emissions using the market-based method.a
In 2024, Daiwa House Industry reported 8,366,000 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 Daiwa House Industry includes a breakdown across 11 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, Daiwa House Industry reported total Scope 3 emissions of 8,366,000 metric tons of CO₂ equivalent (tCO₂e).a
Approximately 34.35% of these emissions originated from upstream activities such as purchased goods and capital goods, while 65.65% came from downstream activities like product use, distribution, and end-of-life treatment.a
Since 2019, Daiwa House Industry's Scope 3 emissions have decreased by 40.82%, reflecting a declining long-term trend in Scope 3 emissions over time.ab
Compared to the previous year (2023), Daiwa House Industry's Scope 3 emissions decreased by 12.81%, highlighting the company's efforts to lower indirect emissions from its value chain.a
In 2024, Daiwa House Industry reported emissions for 11 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 Daiwa House Industry's Scope 3 emissions were:a
In 2024, Daiwa House Industry reported Scope 1 greenhouse gas (GHG) emissions of 218,000 tCO₂e and total revenues of USD 34,356 millions. This translates into an emissions intensity of 6.35 tCO₂e per millions USD.a
In 2024, Daiwa House Industry reported a Scope 1 emissions intensity of 6.35 tCO₂e per millions USD. Compared to the peer group median of 1.76, this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors.a
In 2024, Daiwa House Industry ranked 20 out of 24 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD).a
This places Daiwa House Industry among the least efficient performers, with one of the highest emissions intensities in its sector.a
In 2024, Daiwa House Industry reported a total carbon footprint of 8,598,000 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 16.48% decrease compared to 2023, indicating progress in reducing its overall greenhouse gas output.a
The largest contributor to Daiwa House Industry's total carbon footprint was Scope 3 emissions, accounting for 97.3% of the company's total carbon footprint, followed by Scope 1 emissions at 2.54%.a