Espec Corp

Common Name
Espec
Country
Japan
Sector
Technology
Industry
Scientific & Technical Instruments
Employees
1,860
Ticker
6859
Exchange
TOKYO STOCK EXCHANGE
Description
Espec Corp. is a renowned manufacturer specializing in environmental test chambers used for simulating a wide range of environmental conditions. Founded in Japan, the company offers cutting-edge testi...

Espec's Climate Target Data Preview

As of 2024, Espec has disclosed 4 climate targets aimed at reducing its greenhouse gas (GHG) emissions. These include 4 absolute reduction targets, signaling the company’s commitment to managing and lowering its carbon footprint over time. The targets span various emissions scopes and time horizons, offering insight into Espec ’s climate strategy, ambition level, and alignment with global decarbonization goals.

Target TypeScope of TargetUnitTargetTarget Year
Absolute-based Target*
Scope 1 - Total, Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
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2025
Absolute-based Target*
Scope 3 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
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2025
Absolute-based Target*
Scope 1 - Total, Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
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2030
Absolute-based Target*
Scope 3 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
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2030
* This target is limited in scope and does not represent the company's full operational or organizational boundaries

This table provides a simplified preview of selected climate targets data points. To access the complete dataset with full disclosures, detailed breakdowns, and source traceability, create a free account to view purchase options.

Insights into Espec's Greenhouse Gas Emissions Pathways

As of 2024, Espec has set greenhouse gas (GHG) emissions reduction targets that cover both its operational emissions (Scope 1 and 2) and value chain emissions (Scope 3), offering a comprehensive view of its total carbon footprint.

Does Espec have a target to reduce the emissions from its operations?

As of 2024, Espec has set a target to reduce its operational greenhouse gas (GHG) emissions, specifically those from Scope 1 and Scope 2 sources.

Espec's most ambitious operational target is to reduce these emissions by 60% by 2030, compared to a baseline of 14,068 Metric Tonnes of CO2 equivalent (mtCO2e) in 2019.

As of 2023, Espec is ahead of schedule on its operational emissions reduction target, having achieved 72.98% of the planned reduction.

Espec's Operational (Scope 1+2) Emissions Pathway

201920232025203004 k8 k12 k16 kBaselineCurrent (-44%)Target 2030 (-60%)

Does Espec have a target to reduce the emissions from its value chain?

As of 2024, Espec has set a target to reduce its value chain greenhouse gas (GHG) emissions, covering 1 out of the 15 Scope 3 categories defined by the GHG Protocol.

Espec's most ambitious value chain target is to reduce these emissions by 30% by 2030, compared to a baseline of 799,261 Metric Tonnes of CO2 equivalent (mtCO2e) in 2019.

Instead of reducing value chain emissions, Espec has increased them, with 2023 levels exceeding those of the 2019 baseline, placing the company well behind its reduction target.

Espec's Value Chain (Scope 3) Emissions Pathway

20192023202520300300 k600 k900 k1.2 MCurrent (+30%)Target 2025 (-10%)Target 2030 (-30%)
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