In 2024, Japan Material 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).
Japan Material has also provided a category-level breakdown for 15 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.
| Metric (tCO2e) | 2024 | 2023 | 2022 | 2021-2019 |
|---|---|---|---|---|
Total Scope 1 | 206a | 201a | 172a | |
Total Scope 2 | ||||
Market-Based | 1,553a | 2,309a | 1,908a | |
Location-Based | 2,183a | 2,161a | 1,855a | |
Total Scope 3 | 196,071a | 191,458a | 131,269a | |
Total Scope 1 Revenue Intensity (tCO2e/$M) | 0.642a | 0.5754a | 0.5525a |
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In 2024, the total operational greenhouse gas (GHG) emissions of Japan Material amounted to 2,389 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 Japan Material increased by 1.14%, suggesting that the company faced challenges in reducing its emissions from its core operations.a
In 2024, the total Scope 1 emissions of Japan Material were 206 metric tons of CO₂ equivalent (tCO₂e).a
Since 2020, Japan Material's Scope 1 emissions have increased by 50.36%, reflecting a rising long-term trend in Scope 1 emissions over time.a
Compared to the previous year (2023), Japan Material's Scope 1 emissions increased by 2.49%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations.a
In 2024, Japan Material reported Scope 2 greenhouse gas (GHG) emissions of 1,553 tCO₂e using the market-based method and 2,183 tCO₂e using the location-based method.a
Since 2020, Japan Material's Scope 2 greenhouse gas (GHG) emissions (Location-Based) have increased by 76.33%, reflecting a rising long-term trend in Scope 2 emissions over time.a
Compared to the previous year (2023), Japan Material's Scope 2 emissions (Location-Based) have remained relatively stable, indicating that Japan Material's emissions have plateaued with no significant change in its energy consumption footprint.a
In 2024, Japan Material reported its Scope 2 emissions using the market-based method and using the location-based method.a
In 2024, Japan Material reported 196,071 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 Japan Material includes a breakdown across 15 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
In 2024, Japan Material reported total Scope 3 emissions of 196,071 metric tons of CO₂ equivalent (tCO₂e).a
Approximately 90.8% of these emissions originated from upstream activities such as purchased goods and capital goods, while 9.2% came from downstream activities like product use, distribution, and end-of-life treatment.a
Since 2020, Japan Material's Scope 3 emissions have increased by 104.74%, reflecting a rising long-term trend in Scope 3 emissions over time.a
Compared to the previous year (2023), Japan Material's Scope 3 emissions remained relatively stable, indicating that Japan Material's emissions have plateaued with no significant change in its value chain footprint.a
In 2024, Japan Material reported emissions for 15 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 Japan Material's Scope 3 emissions were:a
In 2024, Japan Material reported Scope 1 greenhouse gas (GHG) emissions of 206 tCO₂e and total revenues of USD 321 millions. This translates into an emissions intensity of 0.64 tCO₂e per millions USD.a
In 2024, Japan Material reported a Scope 1 emissions intensity of 0.64 tCO₂e per millions USD. Compared to the peer group median of 16.33, this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors.a
In 2024, Japan Material ranked 1 out of 24 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD).a
This places Japan Material among the top performers, with one of the lowest emissions intensities relative to peers.a
In 2024, Japan Material reported a total carbon footprint of 198,460 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 2.39% increase compared to 2023, suggesting a rise in emissions across its operations or value chain.a
The largest contributor to Japan Material's total carbon footprint was Scope 3 emissions, accounting for 98.8% of the company's total carbon footprint, followed by Scope 2 emissions at 1.1%.a