Harmonic Drive Systems Inc

Common Name
Harmonic Drive Systems
Country
Japan
Sector
Industrials
Industry
Specialty Industrial Machinery
Employees
1,384
Ticker
6324
Exchange
TOKYO STOCK EXCHANGE
Description
Harmonic Drive Systems Inc. is a globally recognized company specializing in the development and manufacture of precision motion control equipment, particularly harmonic drive gears. These components ...

Harmonic Drive Systems's GHG Emissions Data Preview

In 2023, Harmonic Drive Systems 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).

Harmonic Drive Systems 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)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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0000000
Total Scope 1 Revenue Intensity (tCO2e/$M)
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Verified Sources Behind Harmonic Drive Systems’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 Harmonic Drive Systems’s data sources below and access millions more through our Disclosure Search.

a. Harmonic Drive Systems's Integrated Report 2024
a. Harmonic Drive Systems's Integrated Report 2024

Insights into Harmonic Drive Systems's Operational Emissions

In 2023, the total operational greenhouse gas (GHG) emissions of Harmonic Drive Systems amounted to 15,818 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 Harmonic Drive Systems decreased by 16.71%, showing that the company has made progress in taking action to reduce the climate impact of its operations. a

Harmonic Drive Systems's Scope 1 Emissions Over Time

20222023090180270360tCO2e-39%
  • Total Scope 1
  • Year-over-Year Change

What are Harmonic Drive Systems's Scope 1 emissions?

In 2023, the total Scope 1 emissions of Harmonic Drive Systems were 209 metric tons of CO₂ equivalent (tCO₂e). a

Compared to the previous year (2022), Harmonic Drive Systems's Scope 1 emissions decreased by 38.89%, highlighting the company's efforts to lower direct emissions from assets it owns or controls. a

What are Harmonic Drive Systems's Scope 2 emissions?

In 2023, Harmonic Drive Systems reported Scope 2 greenhouse gas (GHG) emissions of 9,683 tCO₂e using the market-based method and 15,609 tCO₂e using the location-based method. a

Has Harmonic Drive Systems reduced its Scope 2 emissions over time?

Compared to the previous year (2022), Harmonic Drive Systems's Scope 2 emissions (Location-Based) fell by 16.31% in 2023, showing that the company has made progress in taking action to reduce the climate impact of its energy consumption. a

What methodology does Harmonic Drive Systems use for Scope 2 reporting?

In 2023, Harmonic Drive Systems reported its Scope 2 emissions using the market-based method and using the location-based method. a

Harmonic Drive Systems's Scope 2 Emissions Over Time

2022202305 k10 k15 k20 ktCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based

Insights into Harmonic Drive Systems's Value Chain Emissions

In 2023, Harmonic Drive Systems reported 893,286 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 Harmonic Drive Systems includes a breakdown across 11 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

Harmonic Drive Systems's Scope 3 Emissions Over Time

2022202301 M2 M3 M4 MtCO2e-77%
  • Total Scope 3
  • Year-over-Year Change

What are Harmonic Drive Systems's Scope 3 emissions?

In 2023, Harmonic Drive Systems reported total Scope 3 emissions of 893,286 metric tons of CO₂ equivalent (tCO₂e). a

Approximately 37.5% of these emissions originated from upstream activities such as purchased goods and capital goods, while 62.5% came from downstream activities like product use, distribution, and end-of-life treatment. a

Compared to the previous year (2022), Harmonic Drive Systems's Scope 3 emissions decreased by 76.7%, highlighting the company's efforts to lower indirect emissions from its value chain. a

What categories of Scope 3 emissions does Harmonic Drive Systems disclose?

In 2023, Harmonic Drive Systems 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.

What are the main sources of Harmonic Drive Systems's Scope 3 emissions?

In 2023, the largest contributors to Harmonic Drive Systems's Scope 3 emissions were: a

  • Use of Sold Products (Cat. 11): 557,746 tCO₂e (62.44%)
  • Purchased Goods and Services (Cat. 1): 289,079 tCO₂e (32.36%)
  • Fuel- and Energy-Related Services (Cat. 3): 21,589 tCO₂e (2.42%)

Harmonic Drive Systems's Scope 3 Emissions by Categories

Purchased Goods andServices (Cat. 1)(32.4%)Fuel- andEnergy-RelatedServices (Cat. 3)(2.4%)Use of Sold Products(Cat. 11)(62.4%)

Insights into Harmonic Drive Systems’s GHG Emissions Intensity Compared to Industry Peers

In 2023, Harmonic Drive Systems reported Scope 1 greenhouse gas (GHG) emissions of 209 tCO₂e and total revenues of USD 537 millions. This translates into an emissions intensity of 0.39 tCO₂e per millions USD. a

Harmonic Drive Systems's Scope 1 Emissions Intensity Compared to Peers

501,00010,000100,0001,000,000Scope 1 Emissions (tCO2e)2001,0005,00020,000100,000Revenues (Millions of USD)HMiuraYear: 2024Scope 1: 3,198 tCO2eRevenue: $M 1,055Scope 1 Intensity: 3.03 tCO2e/$MNabtescoYear: 2023Scope 1: 4,929 tCO2eRevenue: $M 2,359Scope 1 Intensity: 2.09 tCO2e/$MJDCYear: 2024Scope 1: 37,528 tCO2eRevenue: $M 865Scope 1 Intensity: 43.41 tCO2e/$MKawasaki Heavy IndustriesYear: 2024Scope 1: 142,390 tCO2eRevenue: $M 12,211Scope 1 Intensity: 11.66 tCO2e/$MUlvacYear: 2023Scope 1: 6,397 tCO2eRevenue: $M 1,572Scope 1 Intensity: 4.07 tCO2e/$MJapan Steel WorksYear: 2023Scope 1: 61,000 tCO2eRevenue: $M 1,792Scope 1 Intensity: 34.04 tCO2e/$MOkumaYear: 2023Scope 1: 7,300 tCO2eRevenue: $M 1,709Scope 1 Intensity: 4.27 tCO2e/$MHoshizakiYear: 2024Scope 1: 2,192 tCO2eRevenue: $M 2,838Scope 1 Intensity: 0.77 tCO2e/$MEbaraYear: 2024Scope 1: 71,000 tCO2eRevenue: $M 5,520Scope 1 Intensity: 12.86 tCO2e/$MAzbilYear: 2023Scope 1: 4,329 tCO2eRevenue: $M 2,090Scope 1 Intensity: 2.07 tCO2e/$MYokogawa ElectricYear: 2024Scope 1: 12,141 tCO2eRevenue: $M 3,567Scope 1 Intensity: 3.40 tCO2e/$MMakino Milling MachineYear: 2023Scope 1: 5,467 tCO2eRevenue: $M 1,712Scope 1 Intensity: 3.19 tCO2e/$MSMCYear: 2023Scope 1: 50,507 tCO2eRevenue: $M 6,192Scope 1 Intensity: 8.16 tCO2e/$MNGK InsulatorsYear: 2023Scope 1: 270,000 tCO2eRevenue: $M 4,198Scope 1 Intensity: 64.31 tCO2e/$MDaifukuYear: 2024Scope 1: 8,853 tCO2eRevenue: $M 4,038Scope 1 Intensity: 2.19 tCO2e/$MNidecYear: 2023Scope 1: 269,000 tCO2eRevenue: $M 16,838Scope 1 Intensity: 15.98 tCO2e/$MAmadaYear: 2024Scope 1: 6,336 tCO2eRevenue: $M 2,664Scope 1 Intensity: 2.38 tCO2e/$MTOTOYear: 2023Scope 1: 141,000 tCO2eRevenue: $M 5,264Scope 1 Intensity: 26.79 tCO2e/$MMitsubishi Heavy IndustriesYear: 2023Scope 1: 130,000 tCO2eRevenue: $M 31,553Scope 1 Intensity: 4.12 tCO2e/$MUshioYear: 2023Scope 1: 3,539 tCO2eRevenue: $M 1,314Scope 1 Intensity: 2.69 tCO2e/$MSumitomo Heavy IndustriesYear: 2023Scope 1: 36,272 tCO2eRevenue: $M 7,647Scope 1 Intensity: 4.74 tCO2e/$MIHIYear: 2024Scope 1: 57,951 tCO2eRevenue: $M 8,733Scope 1 Intensity: 6.64 tCO2e/$MFanucYear: 2024Scope 1: 56,266 tCO2eRevenue: $M 5,251Scope 1 Intensity: 10.71 tCO2e/$MTHKYear: 2023Scope 1: 7,816 tCO2eRevenue: $M 2,488Scope 1 Intensity: 3.14 tCO2e/$MHHHarmonic Drive SystemsYear: 2023Scope 1: 209 tCO2eRevenue: $M 537Scope 1 Intensity: 0.39 tCO2e/$M

How does Harmonic Drive Systems's GHG emissions intensity compare to its peers?

In 2023, Harmonic Drive Systems reported a Scope 1 emissions intensity of 0.39 tCO₂e per millions USD. Compared to the peer group median of 4.2 , this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors. a

Where does Harmonic Drive Systems rank on GHG emissions intensity within its industry?

In 2023, Harmonic Drive Systems ranked 1 out of 24 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD). a

This places Harmonic Drive Systems among the top performers, with one of the lowest emissions intensities relative to peers. a

Insights into Harmonic Drive Systems's Total Carbon Footprint

In 2023, Harmonic Drive Systems reported a total carbon footprint of 909,104 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 76.4% decrease compared to 2022, indicating progress in reducing its overall greenhouse gas output. a

The largest contributor to Harmonic Drive Systems's total carbon footprint was Scope 3 emissions, accounting for 98.26% of the company's total carbon footprint, followed by Scope 2 emissions at 1.72%. a

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