In 2024, Kokuyo 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).
Kokuyo has also provided a category-level breakdown for 12 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 | 6,725.23a | 6,721.29a | 7,352.85a | |
Total Scope 2 | ||||
Unspecified Calculation Method | 18,437.98a | 23,369.79a | 29,260.64a | |
Total Scope 3 | 1,146,363.79a | 1,232,638.58a | 1,235,100.63a | |
Total Scope 1 Revenue Intensity (tCO2e/$M) | 3.116a | 2.8915a | 3.2476a |
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In 2024, the total operational greenhouse gas (GHG) emissions of Kokuyo amounted to 25,163.21 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 Kokuyo decreased by 16.38%, showing that the company has made progress in taking action to reduce the climate impact of its operations.a
In 2024, the total Scope 1 emissions of Kokuyo were 6,725.23 metric tons of CO₂ equivalent (tCO₂e).a
Since 2019, Kokuyo's Scope 1 emissions have decreased by 26.38%, reflecting a declining long-term trend in Scope 1 emissions over time.ab
Compared to the previous year (2023), Kokuyo's Scope 1 emissions remained relatively stable, indicating that Kokuyo's emissions have plateaued with no significant change in its operational footprint.a
In 2024, Kokuyo reported Scope 2 greenhouse gas (GHG) emissions of 18,437.98 tCO₂e without specifying the calculation method.a
Since 2019, Kokuyo's Scope 2 greenhouse gas (GHG) emissions (Unspecified Calculation Method) have decreased by 42.61%, reflecting a declining long-term trend in Scope 2 emissions over time.ab
Compared to the previous year (2023), Kokuyo's Scope 2 emissions (Unspecified Calculation Method) fell by 21.1% in 2024, showing that the company has made progress in taking action to reduce the climate impact of its energy consumption.a
In 2024, Kokuyo reported its Scope 2 emissions using an unspecified methodology.a
In 2024, Kokuyo reported 1,146,363.79 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 Kokuyo includes a breakdown across 12 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, Kokuyo reported total Scope 3 emissions of 1,146,363.79 metric tons of CO₂ equivalent (tCO₂e).a
Approximately 90.41% of these emissions originated from upstream activities such as purchased goods and capital goods, while 9.59% came from downstream activities like product use, distribution, and end-of-life treatment.a
Since 2019, Kokuyo's Scope 3 emissions have increased by 96.68%, reflecting a rising long-term trend in Scope 3 emissions over time.ab
Compared to the previous year (2023), Kokuyo's Scope 3 emissions remained relatively stable, indicating that Kokuyo's emissions have plateaued with no significant change in its value chain footprint.a
In 2024, Kokuyo reported emissions for 12 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 Kokuyo's Scope 3 emissions were:a
In 2024, Kokuyo reported Scope 1 greenhouse gas (GHG) emissions of 6,725.23 tCO₂e and total revenues of USD 2,158 millions. This translates into an emissions intensity of 3.12 tCO₂e per millions USD.a
In 2024, Kokuyo reported a Scope 1 emissions intensity of 3.12 tCO₂e per millions USD. Compared to the peer group median of 3.21, this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors.a
In 2024, Kokuyo ranked 12 out of 24 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD).a
Kokuyo is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency.a
In 2024, Kokuyo reported a total carbon footprint of 1,171,527 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 7.22% decrease compared to 2023, indicating progress in reducing its overall greenhouse gas output.a
The largest contributor to Kokuyo's total carbon footprint was Scope 3 emissions, accounting for 97.85% of the company's total carbon footprint, followed by Scope 2 emissions at 1.57%.a