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In 2024, 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) | 2024 | 2023 | 2022 | 2021 - 2017 |
|---|---|---|---|---|
Total Scope 1 | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Scope 2 | ||||
Market-Based | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Location-Based | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Scope 3 | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Scope 1 Revenue Intensity (tCO2e/$M) | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
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In 2024, the total operational greenhouse gas (GHG) emissions ofHarmonic Drive Systems amounted to16,892metric 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 Harmonic Drive Systemsincreased by 1.17%, suggesting that the company faced challenges in reducing its emissions from its core operations.a
In 2024, the total Scope 1 emissions of Harmonic Drive Systems were 199 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a
Since 2022, Harmonic Drive Systems's Scope 1 emissions have decreased by 41.81%, reflecting a declining long-term trend in Scope 1 emissions over time.ab
Compared to the previous year(2023), Harmonic Drive Systems's Scope 1 emissions decreased by 4.78%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.a
In 2024, Harmonic Drive Systems reported Scope 2 greenhouse gas (GHG) emissions of 10,471 tCOâ‚‚e using the market-based method and 16,693 tCOâ‚‚e using the location-based method.a
Since 2022, Harmonic Drive Systems's Scope 2 greenhouse gas (GHG) emissions (Location-Based)have decreased by 10.49%, reflecting a declining long-term trend in Scope 2 emissions over time.ab
Compared to the previous year(2023), Harmonic Drive Systems's Scope 2 emissions(Location-Based) have remained relatively stable, indicating that Harmonic Drive Systems's emissions have plateaued with no significant change in its energy consumption footprint.a
In 2024, Harmonic Drive Systems reported its Scope 2 emissions using the market-based method and using the location-based method.a
In 2024, Harmonic Drive Systems reported 2,096,421 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.a
The 2024 disclosure of Harmonic Drive Systems includes a breakdown across 11of 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, Harmonic Drive Systems reported total Scope 3 emissions of 2,096,421 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a
Approximately 16.91%of these emissions originated from upstream activities such as purchased goods and capital goods, while 83.09%came from downstream activities like product use, distribution, and end-of-life treatment.a
Since 2022, Harmonic Drive Systems's Scope 3 emissionshave decreased by 45.32%, reflecting a declining long-term trend in Scope 3 emissions over time.ab
Compared to the previous year (2023), Harmonic Drive Systems's Scope 3 emissions increased by 134.69%, suggesting that the company faced challenges in reducing emissions across its value chain.a
In 2024, 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.
In 2024, the largest contributors to Harmonic Drive Systems's Scope 3 emissions were:a
In 2024, Harmonic Drive Systems reported Scope 1 greenhouse gas (GHG) emissions of 199 tCOâ‚‚e and total revenues of USD 368 millions. This translates into an emissions intensity of 0.54 tCOâ‚‚e per millions USD.a
In 2024, Harmonic Drive Systems reported a Scope 1 emissions intensity of 0.54 tCOâ‚‚e per millions USD. Compared to the peer group median of 3.4, this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors.a
In 2024, Harmonic Drive Systems ranked 1 out of 25 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCOâ‚‚e per millions USD).a
This places Harmonic Drive Systems among the top performers, with one of the lowest emissions intensities relative to peers.a
In 2024, Harmonic Drive Systems reported a total carbon footprint of 2,113,313 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 132.24% increase compared to 2023, suggesting a rise in emissions across its operations or value chain.a
The largest contributor to Harmonic Drive Systems's total carbon footprint was Scope 3 emissions, accounting for 99.2% of the company's total carbon footprint, followed by Scope 2 emissions at 0.79%.a