Horiba Ltd

Common Name
Horiba
Country
Japan
Sector
Technology
Industry
Scientific & Technical Instruments
Employees
8,955
Ticker
6856
Exchange
TOKYO STOCK EXCHANGE
Description
Horiba Ltd. is a leading manufacturer in the field of measurement and analysis instruments. Specializing in the design and production of equipment for automotive testing, medical diagnostics, process ...

Horiba's GHG Emissions Data Preview

In 2023, 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), Scope 2 (indirect emissions from purchased energy), and Scope 3 (indirect emissions across the value chain).

Horiba has also provided a category-level breakdown for 9 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.

Metric (tCO2e)2024202320222021 - 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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This table provides a simplified preview of selected GHG emissions 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 Horiba's Operational Emissions

In 2023, the total operational greenhouse gas (GHG) emissions of Horiba amounted to 60,130 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).

Compared to 2022, the total operational greenhouse gas (GHG) emissions of Horiba decreased by 33.72%, showing that the company has made progress in taking action to reduce the climate impact of its operations.

Horiba's Scope 1 Emissions Over Time

20222023020 k40 k60 k80 ktCO2e-49%
  • Total Scope 1
  • Year-over-Year Change

What are Horiba's Scope 1 emissions?

In 2023, the total Scope 1 emissions of Horiba were 32,865 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Compared to the previous year (2022), Horiba's Scope 1 emissions decreased by 48.53%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.

What are Horiba's Scope 2 emissions?

In 2023, Horiba reported Scope 2 greenhouse gas (GHG) emissions of 21,513 tCOâ‚‚e using the market-based method, and 27,265 tCOâ‚‚e using the location-based method.

Has Horiba reduced its Scope 2 emissions over time?

Compared to the previous year (2022), 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.

What methodology does Horiba use for Scope 2 reporting?

In 2023, Horiba reported its Scope 2 emissions using the market-based method and using the location-based method.

Horiba's Scope 2 Emissions Over Time

2022202307 k14 k21 k28 ktCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based

Insights into Horiba's Value Chain Emissions

In 2023, Horiba reported 694,341 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.

The 2023 disclosure of Horiba includes a breakdown across 9 of the 15 Scope 3 categories defined by the GHG Protocol, up from 0 in 2022, reflecting improved emissions accounting practices and greater transparency across the company's value chain

Horiba's Scope 3 Emissions Over Time

20230200 k400 k600 k800 ktCO2e
  • Total Scope 3
  • Year-over-Year Change

What are Horiba's Scope 3 emissions?

In 2023, Horiba reported total Scope 3 emissions of 694,341 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Approximately 70.84% of these emissions originated from upstream activities such as purchased goods and capital goods, while 29.16% came from downstream activities like product use, distribution, and end-of-life treatment.

What categories of Scope 3 emissions does Horiba disclose?

In 2023, Horiba reported emissions for 9 out of the 15 Scope 3 categories defined by the GHG Protocol.

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

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

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

  • Purchased Goods and Services (Cat. 1): 421,440 tCOâ‚‚e (61.29%)
  • Use of Sold Products (Cat. 11): 191,399 tCOâ‚‚e (27.84%)
  • Capital Goods (Cat. 2): 63,520 tCOâ‚‚e (9.24%)

Horiba's Scope 3 Emissions by Categories

Use of Sold Products(Cat. 11)(27.8%)Capital Goods(Cat. 2)(9.2%)Purchased Goods andServices (Cat. 1)(61.3%)

Insights into Horiba's Total Carbon Footprint

In 2023, Horiba reported a total carbon footprint of 754,471 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 731.61% increase compared to 2022, suggesting a rise in emissions across its operations or value chain.

The largest contributor to Horiba's total carbon footprint was Scope 3 emissions, accounting for 92.03% of the company's total carbon footprint, followed by Scope 1 emissions at 4.36%.