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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) | 2024 | 2023 | 2022 | 2021 - 2017 |
|---|---|---|---|---|
Total Scope 1 | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Scope 2 | ||||
Market-Based | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Location-Based | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Scope 3 | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Scope 1 Revenue Intensity (tCO2e/$M) | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
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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
In 2024, the total Scope 1 emissions of Meidensha were 19,834 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a
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
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
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
In 2024, Meidensha reported its Scope 2 emissions using the market-based method and using the location-based method.a
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
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
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.
In 2024, the largest contributors to Meidensha's Scope 3 emissions were:a
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
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
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
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