FP Corp

Common Name
FP
Country
Japan
Sector
Consumer Cyclical
Industry
Packaging & Containers
Employees
5,250
Ticker
7947
Exchange
TOKYO STOCK EXCHANGE
Description
Fp Corp. is a prominent manufacturer in the packaging industry, primarily focused on the production and distribution of plastic food containers and packaging solutions. The company offers an extensive...

FP's GHG Emissions Data Preview

In 2023, FP 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).

FP has also provided a category-level breakdown for 8 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
Unspecified Calculation Method
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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 FP’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 FP’s data sources below and access millions more through our Disclosure Search.

a. FP's Webpage captured from company’s website 2023
a. FP's Webpage captured from company’s website 2023

Insights into FP's Operational Emissions

In 2023, the total operational greenhouse gas (GHG) emissions of FP amounted to 177,043 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 FP decreased by 6.1%, showing that the company has made progress in taking action to reduce the climate impact of its operations. a

FP's Scope 1 Emissions Over Time

2020202120222023015 k30 k45 k60 ktCO2e+4%-83%+16%
  • Total Scope 1
  • Year-over-Year Change

What are FP's Scope 1 emissions?

In 2023, the total Scope 1 emissions of FP were 8,842 metric tons of CO₂ equivalent (tCO₂e). a

Has FP reduced its Scope 1 emissions over time?

Since 2020, FP's Scope 1 emissions have decreased by 79.49%, reflecting a declining long-term trend in Scope 1 emissions over time. a

Compared to the previous year (2022), FP's Scope 1 emissions increased by 15.85%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations. a

What are FP's Scope 2 emissions?

In 2023, FP reported Scope 2 greenhouse gas (GHG) emissions of 168,201 tCO₂e without specifying the calculation method. a

Has FP reduced its Scope 2 emissions over time?

Since 2020, FP's Scope 2 greenhouse gas (GHG) emissions ( Unspecified Calculation Method) have decreased by 10.78%, reflecting a declining long-term trend in Scope 2 emissions over time. a

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

What methodology does FP use for Scope 2 reporting?

In 2023, FP reported its Scope 2 emissions using an unspecified methodology. a

FP's Scope 2 Emissions Over Time

2020202120222023050 k100 k150 k200 ktCO2e
  • Total Scope 2 (Unspecified Calculation Method)

Insights into FP's Value Chain Emissions

In 2023, FP reported 882,366 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 FP includes a breakdown across 8 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

FP's Scope 3 Emissions Over Time

20202021202220230250 k500 k750 k1 MtCO2e+17%-1%-7%
  • Total Scope 3
  • Year-over-Year Change

What are FP's Scope 3 emissions?

In 2023, FP reported total Scope 3 emissions of 882,366 metric tons of CO₂ equivalent (tCO₂e). a

Approximately 62.75% of these emissions originated from upstream activities such as purchased goods and capital goods, while 37.25% came from downstream activities like product use, distribution, and end-of-life treatment. a

Has FP reduced its Scope 3 emissions over time?

Since 2020, FP's Scope 3 emissions have remained relatively stable, indicating that FP 's emissions have plateaued with no significant change in its value chain footprint. a

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

What categories of Scope 3 emissions does FP disclose?

In 2023, FP reported emissions for 8 out of the 15 Scope 3 categories defined by the GHG Protocol. a

This partial disclosure allows for some insight into the company's indirect impacts.

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

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

  • Purchased Goods and Services (Cat. 1): 371,451 tCO₂e (42.1%)
  • End-of-Life Treatment of Sold Products (Cat. 12): 328,657 tCO₂e (37.25%)
  • Capital Goods (Cat. 2): 102,301 tCO₂e (11.59%)

FP's Scope 3 Emissions by Categories

Capital Goods(Cat. 2)(11.6%)Purchased Goods andServices (Cat. 1)(42.1%)End-of-LifeTreatment of SoldProducts (Cat. 12)(37.2%)

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

In 2023, FP reported Scope 1 greenhouse gas (GHG) emissions of 8,842 tCO₂e and total revenues of USD 1,586 millions. This translates into an emissions intensity of 5.57 tCO₂e per millions USD. a

FP's Scope 1 Emissions Intensity Compared to Peers

2050010,000200,0005,000,000Scope 1 Emissions (tCO2e)2001,0005,00050,000200,000Revenues (Millions of USD)RWFAskulYear: 2024Scope 1: 2,423 tCO2eRevenue: $M 3,005Scope 1 Intensity: 0.81 tCO2e/$MUSSYear: 2020Scope 1: 5,187 tCO2eRevenue: $M 723Scope 1 Intensity: 7.17 tCO2e/$MZOZOYear: 2023Scope 1: 34 tCO2eRevenue: $M 1,377Scope 1 Intensity: 0.02 tCO2e/$MRRRengoYear: 2023Scope 1: 1,069,000 tCO2eRevenue: $M 6,352Scope 1 Intensity: 168.30 tCO2e/$MDaiichikoshoYear: 2022Scope 1: 8,089 tCO2eRevenue: $M 777Scope 1 Intensity: 10.41 tCO2e/$MMercariYear: 2024Scope 1: 353 tCO2eRevenue: $M 1,166Scope 1 Intensity: 0.30 tCO2e/$MSanrioYear: 2023Scope 1: 1,598 tCO2eRevenue: $M 545Scope 1 Intensity: 2.93 tCO2e/$MToyo Seikan Group HoldingsYear: 2023Scope 1: 383,000 tCO2eRevenue: $M 6,802Scope 1 Intensity: 56.31 tCO2e/$MTS TechYear: 2023Scope 1: 7,083 tCO2eRevenue: $M 3,072Scope 1 Intensity: 2.31 tCO2e/$MToyo TireYear: 2023Scope 1: 274,500 tCO2eRevenue: $M 3,909Scope 1 Intensity: 70.23 tCO2e/$MMonotaROYear: 2023Scope 1: 32 tCO2eRevenue: $M 1,798Scope 1 Intensity: 0.02 tCO2e/$MRinnaiYear: 2023Scope 1: 36,437 tCO2eRevenue: $M 3,192Scope 1 Intensity: 11.41 tCO2e/$MMazda MotorYear: 2024Scope 1: 83,000 tCO2eRevenue: $M 31,879Scope 1 Intensity: 2.60 tCO2e/$MResorttrustYear: 2023Scope 1: 54,192 tCO2eRevenue: $M 1,275Scope 1 Intensity: 42.50 tCO2e/$MWWWacoal HoldingsYear: 2024Scope 1: 1,578 tCO2eRevenue: $M 1,236Scope 1 Intensity: 1.28 tCO2e/$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: 2022Scope 1: 19,910 tCO2eRevenue: $M 6,585Scope 1 Intensity: 3.02 tCO2e/$MSkylark HoldingsYear: 2023Scope 1: 103,984 tCO2eRevenue: $M 2,509Scope 1 Intensity: 41.45 tCO2e/$MNifcoYear: 2023Scope 1: 666 tCO2eRevenue: $M 2,415Scope 1 Intensity: 0.28 tCO2e/$MStanley ElectricYear: 2021Scope 1: 3,464 tCO2eRevenue: $M 3,261Scope 1 Intensity: 1.06 tCO2e/$MFFFPYear: 2023Scope 1: 8,842 tCO2eRevenue: $M 1,586Scope 1 Intensity: 5.57 tCO2e/$M

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

In 2023, FP reported a Scope 1 emissions intensity of 5.57 tCO₂e per millions USD. Compared to the peer group median of 2.98 , this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors. a

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

In 2023, FP ranked 14 out of 22 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD). a

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

Insights into FP's Total Carbon Footprint

In 2023, FP reported a total carbon footprint of 1,059,409 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 7.02% decrease compared to 2022, indicating progress in reducing its overall greenhouse gas output. a

The largest contributor to FP's total carbon footprint was Scope 3 emissions, accounting for 83.29% of the company's total carbon footprint, followed by Scope 2 emissions at 15.88%. a

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