IHI Corp

Common Name
IHI
Country
Japan
Sector
Industrials
Industry
Specialty Industrial Machinery
Employees
27,990
Ticker
7013
Exchange
TOKYO STOCK EXCHANGE
Description
IHI Corporation is a prominent Japanese engineering and manufacturing company. The company's primary focus is on providing advanced engineering solutions across a broad range of industries, including ...

IHI's GHG Emissions Data Preview

In 2024, IHI 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).

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

a. IHI's ESG Data Spreadsheet 2025
a. IHI's ESG Data Spreadsheet 2025
b. IHI's Sustainability Data Spreadsheet 2024
b. IHI's Sustainability Data Spreadsheet 2024

Insights into IHI's Operational Emissions

In 2024, the total operational greenhouse gas (GHG) emissions of IHI amounted to 197,273 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 IHI decreased by 6.93%, showing that the company has made progress in taking action to reduce the climate impact of its operations. a

IHI's Scope 1 Emissions Over Time

20202021202220232024020 k40 k60 k80 ktCO2e+10%-4%+6%-11%
  • Total Scope 1
  • Year-over-Year Change

What are IHI's Scope 1 emissions?

In 2024, the total Scope 1 emissions of IHI were 57,951 metric tons of CO₂ equivalent (tCO₂e). a

Has IHI reduced its Scope 1 emissions over time?

Since 2020, IHI's Scope 1 emissions have remained relatively, stable, indicating that IHI's emissions have plateaued with no significant change in its operational footprint. a b

Compared to the previous year (2023), IHI's Scope 1 emissions decreased by 10.89%, highlighting the company's efforts to lower direct emissions from assets it owns or controls. a

What are IHI's Scope 2 emissions?

In 2024, IHI reported Scope 2 greenhouse gas (GHG) emissions of 139,322 tCO₂e using the market-based method. a

Has IHI reduced its Scope 2 emissions over time?

Since 2020, IHI's Scope 2 greenhouse gas (GHG) emissions ( Market-Based) have decreased by 16.35%, reflecting a declining long-term trend in Scope 2 emissions over time. a b

Compared to the previous year (2023), IHI's Scope 2 emissions (Market-Based) have remained relatively stable, indicating that IHI 's emissions have plateaued with no significant change in its energy consumption footprint. a

What methodology does IHI use for Scope 2 reporting?

In 2024, IHI reported its Scope 2 emissions using the market-based method. a

IHI's Scope 2 Emissions Over Time

20202021202220232024045 k90 k135 k180 ktCO2e
  • Total Scope 2 Market-Based

Insights into IHI's Value Chain Emissions

In 2024, IHI reported 357,089,456 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 2024 disclosure of IHI includes a breakdown across 8 of 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

IHI's Scope 3 Emissions Over Time

20212022202320240150 M300 M450 M600 MtCO2e+4%+119%-12%
  • Total Scope 3
  • Year-over-Year Change

What are IHI's Scope 3 emissions?

In 2024, IHI reported total Scope 3 emissions of 357,089,456 metric tons of CO₂ equivalent (tCO₂e). a

Approximately 1.63% of these emissions originated from upstream activities such as purchased goods and capital goods, while 98.37% came from downstream activities like product use, distribution, and end-of-life treatment. a

Compared to the previous year (2023), IHI's Scope 3 emissions decreased by 11.52%, highlighting the company's efforts to lower indirect emissions from its value chain. a

What categories of Scope 3 emissions does IHI disclose?

In 2024, IHI 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 IHI's Scope 3 emissions?

In 2024, the largest contributors to IHI's Scope 3 emissions were: a

  • Use of Sold Products (Cat. 11): 351,263,456 tCO₂e (98.37%)
  • Purchased Goods and Services (Cat. 1): 5,455,000 tCO₂e (1.53%)
  • Capital Goods (Cat. 2): 326,000 tCO₂e (0.09%)

IHI's Scope 3 Emissions by Categories

Use of Sold Products(Cat. 11)(98.4%)Purchased Goods andServices (Cat. 1)(1.5%)

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

In 2024, IHI reported Scope 1 greenhouse gas (GHG) emissions of 57,951 tCO₂e and total revenues of USD 8,733 millions. This translates into an emissions intensity of 6.64 tCO₂e per millions USD. a

IHI's Scope 1 Emissions Intensity Compared to Peers

501,00020,000500,0005,000,000Scope 1 Emissions (tCO2e)2001,0005,00020,000100,000Revenues (Millions of USD)HHHHarmonic Drive SystemsYear: 2023Scope 1: 209 tCO2eRevenue: $M 537Scope 1 Intensity: 0.39 tCO2e/$MMiuraYear: 2024Scope 1: 3,198 tCO2eRevenue: $M 1,055Scope 1 Intensity: 3.03 tCO2e/$MNabtescoYear: 2023Scope 1: 4,929 tCO2eRevenue: $M 2,359Scope 1 Intensity: 2.09 tCO2e/$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: $M 1,712Scope 1 Intensity: 3.19 tCO2e/$MSekisui ChemicalYear: 2023Scope 1: 183,000 tCO2eRevenue: $M 9,328Scope 1 Intensity: 19.62 tCO2e/$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: $M 4,038Scope 1 Intensity: 2.19 tCO2e/$MSecomYear: 2023Scope 1: 53,870 tCO2eRevenue: $M 8,268Scope 1 Intensity: 6.52 tCO2e/$MNidecYear: 2023Scope 1: 269,000 tCO2eRevenue: $M 16,838Scope 1 Intensity: 15.98 tCO2e/$MAmadaYear: 2024Scope 1: 6,336 tCO2eRevenue: $M 2,664Scope 1 Intensity: 2.38 tCO2e/$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: $M 7,647Scope 1 Intensity: 4.74 tCO2e/$MFanucYear: 2024Scope 1: 56,266 tCO2eRevenue: $M 5,251Scope 1 Intensity: 10.71 tCO2e/$MTHKYear: 2023Scope 1: 7,816 tCO2eRevenue: $M 2,488Scope 1 Intensity: 3.14 tCO2e/$MEast Japan RailwayYear: 2023Scope 1: 1,520,000 tCO2eRevenue: $M 18,059Scope 1 Intensity: 84.17 tCO2e/$MIHIYear: 2024Scope 1: 57,951 tCO2eRevenue: $M 8,733Scope 1 Intensity: 6.64 tCO2e/$M

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

In 2024, IHI reported a Scope 1 emissions intensity of 6.64 tCO₂e per millions USD. Compared to the peer group median of 4.12 , this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors. a

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

In 2024, IHI ranked 17 out of 25 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD). a

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

Insights into IHI's Total Carbon Footprint

In 2024, IHI reported a total carbon footprint of 357,286,729 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 11.52% decrease compared to 2023, indicating progress in reducing its overall greenhouse gas output. a

The largest contributor to IHI's total carbon footprint was Scope 3 emissions, accounting for 99.94% of the company's total carbon footprint, followed by Scope 2 emissions at 0.04%. a

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