Meiji Holdings Co Ltd

Common Name
Meiji Holdings
Country
Japan
Sector
Consumer Defensive
Industry
Packaged Foods
Employees
17,270
Ticker
2269
Exchange
TOKYO STOCK EXCHANGE
Description
Meiji Holdings Co., Ltd. is a diversified Japanese holding company specializing in the food and pharmaceutical sectors. Founded in 1916 and headquartered in Tokyo, Meiji operates primarily through two...

Meiji Holdings's GHG Emissions Data Preview

In 2024, Meiji Holdings 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).

Meiji Holdings has also provided a category-level breakdown for 9 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 Meiji Holdings's Operational Emissions

In 2024, the total operational greenhouse gas (GHG) emissions of Meiji Holdings amounted to 472,000 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 2023, the total operational greenhouse gas (GHG) emissions of Meiji Holdings decreased by 8.17%, showing that the company has made progress in taking action to reduce the climate impact of its operations.

Meiji Holdings's Scope 1 Emissions Over Time

2018201920202021202220232024065 k130 k195 k260 ktCO2e-3%0%-4%+3%-7%-9%
  • Total Scope 1
  • Year-over-Year Change

What are Meiji Holdings's Scope 1 emissions?

In 2024, the total Scope 1 emissions of Meiji Holdings were 209,000 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Has Meiji Holdings reduced its Scope 1 emissions over time?

Since 2018, Meiji Holdings's Scope 1 emissions have decreased by 18.04%, reflecting a declining long-term trend in Scope 1 emissions over time.

Compared to the previous year (2023), Meiji Holdings's Scope 1 emissions decreased by 8.73%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.

What are Meiji Holdings's Scope 2 emissions?

In 2024, Meiji Holdings reported Scope 2 greenhouse gas (GHG) emissions of 263,000 tCOâ‚‚e using the location-based method.

Has Meiji Holdings reduced its Scope 2 emissions over time?

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

What methodology does Meiji Holdings use for Scope 2 reporting?

In 2024, Meiji Holdings reported its Scope 2 emissions using the location-based method.

Meiji Holdings's Scope 2 Emissions Over Time

2018201920202021202220232024095 k190 k285 k380 ktCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 (Unspecified Calculation Method)

Insights into Meiji Holdings's Value Chain Emissions

In 2024, Meiji Holdings reported 4,205,000 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 2024 disclosure of Meiji Holdings includes a breakdown across 9 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.

Meiji Holdings's Scope 3 Emissions Over Time

201820192020202120222023202401.5 M3 M4.5 M6 MtCO2e+33%-7%-3%+3%+15%+21%
  • Total Scope 3
  • Year-over-Year Change

What are Meiji Holdings's Scope 3 emissions?

In 2024, Meiji Holdings reported total Scope 3 emissions of 4,205,000 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Approximately 99.26% of these emissions originated from upstream activities such as purchased goods and capital goods, while 0.74% came from downstream activities like product use, distribution, and end-of-life treatment.

Has Meiji Holdings reduced its Scope 3 emissions over time?

Since 2018, Meiji Holdings's Scope 3 emissions have increased by 72.55%, reflecting a rising long-term trend in Scope 3 emissions over time.

Compared to the previous year (2023), Meiji Holdings's Scope 3 emissions increased by 20.69%, suggesting that the company faced challenges in reducing emissions across its value chain.

What categories of Scope 3 emissions does Meiji Holdings disclose?

In 2024, Meiji Holdings reported emissions for 9 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 Meiji Holdings's Scope 3 emissions?

In 2024, the largest contributors to Meiji Holdings's Scope 3 emissions were:

  • Purchased Goods and Services (Cat. 1): 3,492,000 tCOâ‚‚e (83.04%)
  • Downstream Transportation and Distribution (Cat. 9): 217,000 tCOâ‚‚e (5.16%)
  • Upstream Transportation and Distribution (Cat. 4): 205,000 tCOâ‚‚e (4.88%)

Meiji Holdings's Scope 3 Emissions by Categories

DownstreamTransportation andDistribution(Cat. 9)(5.2%)Purchased Goods andServices (Cat. 1)(83.0%)UpstreamTransportation andDistribution(Cat. 4)(4.9%)

Insights into Meiji Holdings's Total Carbon Footprint

In 2024, Meiji Holdings reported a total carbon footprint of 4,677,000 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 16.98% increase compared to 2023, suggesting a rise in emissions across its operations or value chain.

The largest contributor to Meiji Holdings's total carbon footprint was Scope 3 emissions, accounting for 89.91% of the company's total carbon footprint, followed by Scope 2 emissions at 5.62%.

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