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Meidensha Corp

Common Name
Meidensha
Country
Japan
Sector
Industrials
Industry
Specialty Industrial Machinery
Employees
9,810
Ticker
6508
Exchange
TOKYO STOCK EXCHANGE
Description
Meidensha Corporation is a Japanese company specializing in the manufacture and distribution of electrical equipment. Established in 1897, the company plays a pivotal role in offering products and ser...

Meidensha's GHG Emissions Data Preview

In 2024, Meidensha 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).

Meidensha has also provided a category-level breakdown for 14 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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a
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0000000
Total Scope 2
Market-Based
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a
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a
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a
0000000
Location-Based
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a
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a
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a
0000000
Total Scope 3
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a
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a
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a
0000000
Total Scope 1 Revenue Intensity (tCO2e/$M)
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a
0000000
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Verified Sources Behind Meidensha’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 Meidensha’s data sources below and access millions more through our Disclosure Search.

a. Meidensha's ESG Data Spreadsheet 2025
a. Meidensha's ESG Data Spreadsheet 2025

Insights into Meidensha's Operational Emissions

In 2024, the total operational greenhouse gas (GHG) emissions ofMeidensha amounted to55,779metric 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 Meidenshadecreased by 1.08%, showing that the company has made progress in taking action to reduce the climate impact of its operations.a

Meidensha's Scope 1 Emissions Over Time

20192020202120222023202405.5 k11 k16.5 k22 ktCO2e-8%-16%+20%+1%-3%
  • Total Scope 1
  • Year-over-Year Change

What are Meidensha's Scope 1 emissions?

In 2024, the total Scope 1 emissions of Meidensha were 19,834 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a

Has Meidensha reduced its Scope 1 emissions over time?

Since 2019, Meidensha's Scope 1 emissions have decreased by 8.62%, reflecting a declining long-term trend in Scope 1 emissions over time.a

Compared to the previous year(2023), Meidensha's Scope 1 emissions decreased by 3.24%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.a

What are Meidensha's Scope 2 emissions?

In 2024, Meidensha reported Scope 2 greenhouse gas (GHG) emissions of 25,883 tCOâ‚‚e using the market-based method and 35,945 tCOâ‚‚e using the location-based method.a

Has Meidensha reduced its Scope 2 emissions over time?

Since 2019, Meidensha's Scope 2 greenhouse gas (GHG) emissions (Location-Based)have increased by 12.25%, reflecting a rising long-term trend in Scope 2 emissions over time.a

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

What methodology does Meidensha use for Scope 2 reporting?

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

Meidensha's Scope 2 Emissions Over Time

20192020202120222023202409 k18 k27 k36 ktCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based

Insights into Meidensha's Value Chain Emissions

In 2024, Meidensha reported 7,028,942 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.a

The 2024 disclosure of Meidensha includes a breakdown across 14of the 15 Scope 3 categories defined by the GHG Protocol,up from 11 in 2023, reflecting improved emissions accounting practices and greater transparency across the company's value chaina

Meidensha's Scope 3 Emissions Over Time

20222023202402 M4 M6 M8 MtCO2e+5%-4%
  • Total Scope 3
  • Year-over-Year Change

What are Meidensha's Scope 3 emissions?

In 2024, Meidensha reported total Scope 3 emissions of 7,028,942 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a

Approximately 19.29%of these emissions originated from upstream activities such as purchased goods and capital goods, while 80.71%came from downstream activities like product use, distribution, and end-of-life treatment.a

Compared to the previous year (2023), Meidensha's Scope 3 emissions remained relatively stable, indicating that Meidensha's emissions have plateaued with no significant change in its value chain footprint.a

What categories of Scope 3 emissions does Meidensha disclose?

In 2024, Meidensha reported emissions for 14 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.

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

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

  • Use of Sold Products (Cat. 11): 5,662,768 tCOâ‚‚e(80.56%)
  • Purchased Goods and Services (Cat. 1): 1,276,559 tCOâ‚‚e(18.16%)
  • Capital Goods (Cat. 2): 34,039 tCOâ‚‚e(0.48%)

Meidensha's Scope 3 Emissions by Categories

Use of Sold Products(Cat. 11)(80.6%)Purchased Goods andServices (Cat. 1)(18.2%)

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

In 2024, Meidensha reported Scope 1 greenhouse gas (GHG) emissions of 19,834 tCOâ‚‚e and total revenues of USD 1,901 millions. This translates into an emissions intensity of 10.43 tCOâ‚‚e per millions USD.a

Meidensha's Scope 1 Emissions Intensity Compared to Peers

5050010,000100,0001,000,000Scope 1 Emissions (tCO2e)1005002,00020,000100,000Revenues (Millions of USD)HDTYamazenYear: 2024Scope 1: 6,635 tCO2eRevenue: $M 3,347Scope 1 Intensity: 1.98 tCO2e/$MHHHarmonic Drive SystemsYear: 2024Scope 1: 199 tCO2eRevenue: $M 368Scope 1 Intensity: 0.54 tCO2e/$MMiuraYear: 2024Scope 1: 3,198 tCO2eRevenue: $M 1,055Scope 1 Intensity: 3.03 tCO2e/$MNabtescoYear: 2024Scope 1: 4,173 tCO2eRevenue: $M 2,060Scope 1 Intensity: 2.03 tCO2e/$MKawasaki Heavy IndustriesYear: 2024Scope 1: 142,390 tCO2eRevenue: $M 12,211Scope 1 Intensity: 11.66 tCO2e/$MUlvacYear: 2025Scope 1: 5,884 tCO2eRevenue: $M 1,744Scope 1 Intensity: 3.37 tCO2e/$MJapan Steel WorksYear: 2023Scope 1: 61,000 tCO2eRevenue: $M 1,792Scope 1 Intensity: 34.04 tCO2e/$MOkumaYear: 2023Scope 1: 7,300 tCO2eRevenue: $M 1,709Scope 1 Intensity: 4.27 tCO2e/$MDDDai-DanYear: 2024Scope 1: 1,739 tCO2eRevenue: $M 1,304Scope 1 Intensity: 1.33 tCO2e/$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: 2024Scope 1: 3,954 tCO2eRevenue: $M 1,921Scope 1 Intensity: 2.06 tCO2e/$MYokogawa ElectricYear: 2024Scope 1: 12,141 tCO2eRevenue: $M 3,567Scope 1 Intensity: 3.40 tCO2e/$MMakino Milling MachineYear: 2023Scope 1: 5,467 tCO2eRevenue: $M 1,712Scope 1 Intensity: 3.19 tCO2e/$MSMCYear: 2023Scope 1: 50,507 tCO2eRevenue: $M 6,192Scope 1 Intensity: 8.16 tCO2e/$MNGK InsulatorsYear: 2024Scope 1: 240,000 tCO2eRevenue: $M 3,823Scope 1 Intensity: 62.78 tCO2e/$MDaifukuYear: 2024Scope 1: 8,853 tCO2eRevenue: $M 4,038Scope 1 Intensity: 2.19 tCO2e/$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: $M 31,553Scope 1 Intensity: 4.12 tCO2e/$MTTTsubakimoto ChainYear: 2024Scope 1: 21,686 tCO2eRevenue: $M 1,762Scope 1 Intensity: 12.31 tCO2e/$MUshioYear: 2024Scope 1: 3,446 tCO2eRevenue: $M 1,185Scope 1 Intensity: 2.91 tCO2e/$MSumitomo Heavy IndustriesYear: 2024Scope 1: 31,601 tCO2eRevenue: $M 6,823Scope 1 Intensity: 4.63 tCO2e/$MFanucYear: 2024Scope 1: 56,266 tCO2eRevenue: $M 5,251Scope 1 Intensity: 10.71 tCO2e/$MTHKYear: 2023Scope 1: 7,816 tCO2eRevenue: $M 2,488Scope 1 Intensity: 3.14 tCO2e/$MMeidenshaYear: 2024Scope 1: 19,834 tCO2eRevenue: $M 1,901Scope 1 Intensity: 10.43 tCO2e/$M

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

In 2024, Meidensha reported a Scope 1 emissions intensity of 10.43 tCOâ‚‚e per millions USD. Compared to the peer group median of 3.37, this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors.a

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

In 2024, Meidensha ranked 19 out of 25 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCOâ‚‚e per millions USD).a

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

Insights into Meidensha's Total Carbon Footprint

In 2024, Meidensha reported a total carbon footprint of 7,084,721 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 3.71% decrease compared to 2023, indicating progress in reducing its overall greenhouse gas output.a

The largest contributor to Meidensha's total carbon footprint was Scope 3 emissions, accounting for 99.21% of the company's total carbon footprint, followed by Scope 2 emissions at 0.51%.a

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