Itochu Corp

Common Name
Itochu
Country
Japan
Sector
Industrials
Industry
Conglomerates
Employees
115,089
Ticker
8001
Exchange
TOKYO STOCK EXCHANGE
Description
Itochu Corporation is a prominent Japanese general trading company, also known as a "sogo shosha," with an extensive global network. One of its primary functions is facilitating international trade th...

Itochu's GHG Emissions Data Preview

In 2023, Itochu 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).

Itochu has also provided a category-level breakdown for 7 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
Unspecified Calculation Method
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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 Itochu's Operational Emissions

In 2023, the total operational greenhouse gas (GHG) emissions of Itochu amounted to 1,766,000 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 Itochu decreased by 19.76%, showing that the company has made progress in taking action to reduce the climate impact of its operations.

Itochu's Scope 1 Emissions Over Time

2018201920202021202220230400 k800 k1.2 M1.6 MtCO2e-1%+27%-2%-21%
  • Total Scope 1
  • Year-over-Year Change

What are Itochu's Scope 1 emissions?

In 2023, the total Scope 1 emissions of Itochu were 1,166,000 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Compared to the previous year (2022), Itochu's Scope 1 emissions decreased by 21.46%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.

What are Itochu's Scope 2 emissions?

In 2023, Itochu reported Scope 2 greenhouse gas (GHG) emissions of 600,000 tCOâ‚‚e without specifying the calculation method.

Has Itochu reduced its Scope 2 emissions over time?

Since 2018, Itochu's Scope 2 greenhouse gas (GHG) emissions (Unspecified Calculation Method) have remained relatively stable, indicating that Itochu 's emissions have plateaued with no significant change in its energy consumption footprint.

Compared to the previous year (2022), Itochu's Scope 2 emissions (Unspecified Calculation Method) fell by 16.22% in 2023, showing that the company has made progress in taking action to reduce the climate impact of its energy consumption.

What methodology does Itochu use for Scope 2 reporting?

In 2023, Itochu reported its Scope 2 emissions using an unspecified methodology.

Itochu's Scope 2 Emissions Over Time

2018201920202021202220230250 k500 k750 k1 MtCO2e
  • Total Scope 2 (Unspecified Calculation Method)

Insights into Itochu's Value Chain Emissions

In 2023, Itochu reported 2,337,000 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 Itochu includes a breakdown across 7 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.

Itochu's Scope 3 Emissions Over Time

2018201920202021202220230700 k1.4 M2.1 M2.8 MtCO2e+277%+20%-5%-1%-5%
  • Total Scope 3
  • Year-over-Year Change

What are Itochu's Scope 3 emissions?

In 2023, Itochu reported total Scope 3 emissions of 2,337,000 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Approximately 56.14% of these emissions originated from upstream activities such as purchased goods and capital goods, while 43.86% came from downstream activities like product use, distribution, and end-of-life treatment.

Has Itochu reduced its Scope 3 emissions over time?

Since 2018, Itochu's Scope 3 emissions have increased by 304.68%, reflecting a rising long-term trend in Scope 3 emissions over time.

Compared to the previous year (2022), Itochu's Scope 3 emissions remained relatively stable, indicating that Itochu 's emissions have plateaued with no significant change in its value chain footprint.

What categories of Scope 3 emissions does Itochu disclose?

In 2023, Itochu reported emissions for 7 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 Itochu's Scope 3 emissions?

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

  • Franchises (Cat. 14): 1,025,000 tCOâ‚‚e (43.86%)
  • Capital Goods (Cat. 2): 598,000 tCOâ‚‚e (25.59%)
  • Fuel- and Energy-Related Services (Cat. 3): 342,000 tCOâ‚‚e (14.63%)

Itochu's Scope 3 Emissions by Categories

Capital Goods(Cat. 2)(25.6%)Franchises (Cat. 14)(43.9%)Fuel- andEnergy-RelatedServices (Cat. 3)(14.6%)

Insights into Itochu's Total Carbon Footprint

In 2023, Itochu reported a total carbon footprint of 4,103,000 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 12.09% decrease compared to 2022, indicating progress in reducing its overall greenhouse gas output.

The largest contributor to Itochu's total carbon footprint was Scope 3 emissions, accounting for 56.96% of the company's total carbon footprint, followed by Scope 1 emissions at 28.42%.

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