In 2024, Horiba 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) and Scope 2 (indirect emissions from purchased energy).
However, Horiba has not published a category-level breakdown of its Scope 3 emissions, limiting visibility into specific value chain sources.
| Metric (tCO2e) | 2024 | 2023 | 2022 | 2021-2019 |
|---|---|---|---|---|
Total Scope 1 | 35,731a | 36,229a | 63,849a | |
Total Scope 2 | ||||
Market-Based | 23,494a | 21,513a | N/A | |
Location-Based | 28,907a | 27,265a | 26,875a | |
Total Scope 3 | N/A | 836,346a | N/A | |
Total Scope 1 Revenue Intensity (tCO2e/$M) | 17.6753a | 17.6346a | 31.4162a |
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In 2024, the total operational greenhouse gas (GHG) emissions of Horiba amounted to 64,638 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 2023, the total operational greenhouse gas (GHG) emissions of Horiba increased by 1.8%, suggesting that the company faced challenges in reducing its emissions from its core operations.a
In 2024, the total Scope 1 emissions of Horiba were 35,731 metric tons of CO₂ equivalent (tCO₂e).a
Since 2022, Horiba's Scope 1 emissions have decreased by 44.04%, reflecting a declining long-term trend in Scope 1 emissions over time.a
Compared to the previous year (2023), Horiba's Scope 1 emissions decreased by 1.37%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.a
In 2024, Horiba reported Scope 2 greenhouse gas (GHG) emissions of 23,494 tCO₂e using the market-based method and 28,907 tCO₂e using the location-based method.a
Since 2022, Horiba's Scope 2 greenhouse gas (GHG) emissions (Location-Based) have remained relatively stable, indicating that Horiba's emissions have plateaued with no significant change in its energy consumption footprint.a
Compared to the previous year (2023), Horiba's Scope 2 emissions (Location-Based) have remained relatively stable, indicating that Horiba's emissions have plateaued with no significant change in its energy consumption footprint.a
In 2024, Horiba reported its Scope 2 emissions using the market-based method and using the location-based method.a
In 2024, Horiba reported Scope 1 greenhouse gas (GHG) emissions of 35,731 tCO₂e and total revenues of USD 2,022 millions. This translates into an emissions intensity of 17.68 tCO₂e per millions USD.a
In 2024, Horiba reported a Scope 1 emissions intensity of 17.68 tCO₂e per millions USD. Compared to the peer group median of 2.02, this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors.a
In 2024, Horiba ranked 25 out of 24 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD).a
This places Horiba among the least efficient performers, with one of the highest emissions intensities in its sector.a