Denso Corp

Common Name
Denso
Country
Japan
Sector
Consumer Cyclical
Industry
Auto Parts
Employees
158,056
Ticker
6902
Exchange
TOKYO STOCK EXCHANGE
Description
Denso Corporation is a leading global automotive components manufacturer, specializing in the development and production of advanced technology solutions for the automotive industry. As a major player...

Denso's GHG Emissions Data Preview

In 2023, Denso 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).

Denso has also provided a category-level breakdown for 13 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.

Metric (tCO2e)2023202220212020 - 2017
Total Scope 1
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Total Scope 2
Market-Based
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Location-Based
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Total Scope 3
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Total Scope 1 Revenue Intensity (tCO2e/$M)
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Verified Sources Behind Denso’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 Denso’s data sources below and access millions more through our Disclosure Search.

a. Denso's ESG Data Spreadsheet 2023
a. Denso's ESG Data Spreadsheet 2023

Insights into Denso's Operational Emissions

In 2023, the total operational greenhouse gas (GHG) emissions of Denso amounted to 1,784,000 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 2022, the total operational greenhouse gas (GHG) emissions of Denso decreased by 7.95%, showing that the company has made progress in taking action to reduce the climate impact of its operations. a

Denso's Scope 1 Emissions Over Time

20202021202220230200 k400 k600 k800 ktCO2e-19%+5%-6%
  • Total Scope 1
  • Year-over-Year Change

What are Denso's Scope 1 emissions?

In 2023, the total Scope 1 emissions of Denso were 565,000 metric tons of CO₂ equivalent (tCO₂e). a

Has Denso reduced its Scope 1 emissions over time?

Since 2020, Denso's Scope 1 emissions have decreased by 20.53%, reflecting a declining long-term trend in Scope 1 emissions over time. a

Compared to the previous year (2022), Denso's Scope 1 emissions decreased by 6.15%, highlighting the company's efforts to lower direct emissions from assets it owns or controls. a

What are Denso's Scope 2 emissions?

In 2023, Denso reported Scope 2 greenhouse gas (GHG) emissions of 1,219,000 tCO₂e using the market-based method. a

Has Denso reduced its Scope 2 emissions over time?

Since 2020, Denso's Scope 2 greenhouse gas (GHG) emissions ( Market-Based) have remained relatively stable, indicating that Denso 's emissions have plateaued with no significant change in its energy consumption footprint. a

Compared to the previous year (2022), Denso's Scope 2 emissions (Market-Based) have remained relatively stable, indicating that Denso 's emissions have plateaued with no significant change in its energy consumption footprint. a

What methodology does Denso use for Scope 2 reporting?

In 2023, Denso reported its Scope 2 emissions using the market-based method. a

Denso's Scope 2 Emissions Over Time

20202021202220230400 k800 k1.2 M1.6 MtCO2e
  • Total Scope 2 Market-Based

Insights into Denso's Value Chain Emissions

In 2023, Denso reported 27,408,000 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 2023 disclosure of Denso includes a breakdown across 13 of the 15 Scope 3 categories defined by the GHG Protocol, matching the level of disclosure in 2022, demonstrating consistent Scope 3 emissions reporting coverage year over year. a

Denso's Scope 3 Emissions Over Time

202020212022202307 M14 M21 M28 MtCO2e+46%0%-1%
  • Total Scope 3
  • Year-over-Year Change

What are Denso's Scope 3 emissions?

In 2023, Denso reported total Scope 3 emissions of 27,408,000 metric tons of CO₂ equivalent (tCO₂e). a

Approximately 44.87% of these emissions originated from upstream activities such as purchased goods and capital goods, while 55.13% came from downstream activities like product use, distribution, and end-of-life treatment. a

Has Denso reduced its Scope 3 emissions over time?

Since 2020, Denso's Scope 3 emissions have increased by 44.02%, reflecting a rising long-term trend in Scope 3 emissions over time. a

Compared to the previous year (2022), Denso's Scope 3 emissions remained relatively stable, indicating that Denso 's emissions have plateaued with no significant change in its value chain footprint. a

What categories of Scope 3 emissions does Denso disclose?

In 2023, Denso reported emissions for 13 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 Denso's Scope 3 emissions?

In 2023, the largest contributors to Denso's Scope 3 emissions were: a

  • Use of Sold Products (Cat. 11): 14,866,000 tCO₂e (54.38%)
  • Purchased Goods and Services (Cat. 1): 10,642,000 tCO₂e (38.93%)
  • Capital Goods (Cat. 2): 1,262,000 tCO₂e (4.62%)

Denso's Scope 3 Emissions by Categories

Purchased Goods andServices (Cat. 1)(38.9%)Use of Sold Products(Cat. 11)(54.4%)Capital Goods(Cat. 2)(4.6%)

Insights into Denso’s GHG Emissions Intensity Compared to Industry Peers

In 2023, Denso reported Scope 1 greenhouse gas (GHG) emissions of 565,000 tCO₂e and total revenues of USD 48,058 millions. This translates into an emissions intensity of 11.76 tCO₂e per millions USD. a

Denso's Scope 1 Emissions Intensity Compared to Peers

2002,00020,000500,0005,000,000Scope 1 Emissions (tCO2e)1001,0005,00050,000200,000Revenues (Millions of USD)NNTYSAisinYear: 2023Scope 1: 525,133 tCO2eRevenue: $M 33,054Scope 1 Intensity: 15.89 tCO2e/$MNNNiterraYear: 2023Scope 1: 48,000 tCO2eRevenue: $M 4,223Scope 1 Intensity: 11.37 tCO2e/$MNSKYear: 2023Scope 1: 102,000 tCO2eRevenue: $M 7,043Scope 1 Intensity: 14.48 tCO2e/$MNichirinYear: 2023Scope 1: 4,954 tCO2eRevenue: $M 499Scope 1 Intensity: 9.92 tCO2e/$MNNNOKYear: 2024Scope 1: 57,000 tCO2eRevenue: $M 4,956Scope 1 Intensity: 11.50 tCO2e/$MTTToyoda GoseiYear: 2022Scope 1: 106,200 tCO2eRevenue: $M 6,804Scope 1 Intensity: 15.61 tCO2e/$MGS YuasaYear: 2022Scope 1: 66,952 tCO2eRevenue: $M 3,541Scope 1 Intensity: 18.91 tCO2e/$MKoito ManufacturingYear: 2023Scope 1: 49,000 tCO2eRevenue: $M 6,492Scope 1 Intensity: 7.55 tCO2e/$MYokohama RubberYear: 2024Scope 1: 591,000 tCO2eRevenue: $M 6,973Scope 1 Intensity: 84.75 tCO2e/$MSumitomo Electric IndustriesYear: 2023Scope 1: 214,000 tCO2eRevenue: $M 30,071Scope 1 Intensity: 7.12 tCO2e/$MTS TechYear: 2023Scope 1: 7,083 tCO2eRevenue: $M 3,072Scope 1 Intensity: 2.31 tCO2e/$MToyo TireYear: 2023Scope 1: 274,500 tCO2eRevenue: $M 3,909Scope 1 Intensity: 70.23 tCO2e/$MToyota BoshokuYear: 2025Scope 1: 59,018 tCO2eRevenue: $M 13,031Scope 1 Intensity: 4.53 tCO2e/$MYYYamaguchi Financial GroupYear: 2023Scope 1: 2,360 tCO2eRevenue: $M 481Scope 1 Intensity: 4.90 tCO2e/$MFast RetailingYear: 2024Scope 1: 8,760 tCO2eRevenue: $M 21,423Scope 1 Intensity: 0.41 tCO2e/$MBridgestoneYear: 2024Scope 1: 1,509,385 tCO2eRevenue: $M 28,218Scope 1 Intensity: 53.49 tCO2e/$MNissan MotorYear: 2024Scope 1: 442,000 tCO2eRevenue: $M 83,768Scope 1 Intensity: 5.28 tCO2e/$MMabuchi MotorYear: 2023Scope 1: 2,926 tCO2eRevenue: $M 1,263Scope 1 Intensity: 2.32 tCO2e/$MAsicsYear: 2024Scope 1: 3,262 tCO2eRevenue: $M 4,322Scope 1 Intensity: 0.75 tCO2e/$MJTEKTYear: 2023Scope 1: 106,000 tCO2eRevenue: $M 12,599Scope 1 Intensity: 8.41 tCO2e/$MSSSumitomo Rubber IndustriesYear: 2023Scope 1: 363,000 tCO2eRevenue: $M 8,325Scope 1 Intensity: 43.60 tCO2e/$MNifcoYear: 2023Scope 1: 666 tCO2eRevenue: $M 2,415Scope 1 Intensity: 0.28 tCO2e/$MIsuzu MotorsYear: 2023Scope 1: 119,189 tCO2eRevenue: $M 23,990Scope 1 Intensity: 4.97 tCO2e/$MNHK SpringYear: 2022Scope 1: 43,000 tCO2eRevenue: $M 4,810Scope 1 Intensity: 8.94 tCO2e/$MStanley ElectricYear: 2021Scope 1: 3,464 tCO2eRevenue: $M 3,261Scope 1 Intensity: 1.06 tCO2e/$MDensoYear: 2023Scope 1: 565,000 tCO2eRevenue: $M 48,058Scope 1 Intensity: 11.76 tCO2e/$M

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

In 2023, Denso reported a Scope 1 emissions intensity of 11.76 tCO₂e per millions USD. Compared to the peer group median of 8.41 , this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors. a

Where does Denso rank on GHG emissions intensity within its industry?

In 2023, Denso ranked 18 out of 25 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD). a

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

Insights into Denso's Total Carbon Footprint

In 2023, Denso reported a total carbon footprint of 29,192,000 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 1.8% decrease compared to 2022, indicating progress in reducing its overall greenhouse gas output. a

The largest contributor to Denso's total carbon footprint was Scope 3 emissions, accounting for 93.89% of the company's total carbon footprint, followed by Scope 2 emissions at 4.18%. a

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