📣 Introducing Tracenable Pro: Unlock Unlimited Data Exports & Disclosures Access.

Menicon Co Ltd

Common Name
Menicon
Country
Japan
Sector
Healthcare
Industry
Medical Instruments & Supplies
Employees
4,325
Ticker
7780
Exchange
TOKYO STOCK EXCHANGE
Description
Menicon Co., Ltd. is a prominent player in the global optical and healthcare industry, primarily known for its expertise in the production of contact lenses. As a comprehensive contact lens manufactur...

Menicon's GHG Emissions Data Preview

In 2023, Menicon 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).

Menicon 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)2023202220212020 - 2017
Total Scope 1
Copy restricted. Please purchase to unlock this data.
a
Copy restricted. Please purchase to unlock this data.
a
Copy restricted. Please purchase to unlock this data.
b
0000000
Total Scope 2
Unspecified Calculation Method
Copy restricted. Please purchase to unlock this data.
a
Copy restricted. Please purchase to unlock this data.
a
Copy restricted. Please purchase to unlock this data.
b
0000000
Total Scope 3
Copy restricted. Please purchase to unlock this data.
a
Copy restricted. Please purchase to unlock this data.
a
Copy restricted. Please purchase to unlock this data.
c
0000000
Total Scope 1 Revenue Intensity (tCO2e/$M)
Copy restricted. Please purchase to unlock this data.
a
Copy restricted. Please purchase to unlock this data.
a
Copy restricted. Please purchase to unlock this data.
b
0000000
Download Data
Access this data via API
$curl "https://tracenable.com/api/v1/ghg-emissions/absolute?ticker=7780&reporting_period=2024"

Verified Sources Behind Menicon’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 Menicon’s data sources below and access millions more through our Disclosure Search.

a. Menicon's Integrated Report 2024
a. Menicon's Integrated Report 2024
b. Menicon's Integrated Report 2022
b. Menicon's Integrated Report 2022
c. Menicon's ESG Data Spreadsheet 2023
c. Menicon's ESG Data Spreadsheet 2023

Insights into Menicon's Operational Emissions

In 2023, the total operational greenhouse gas (GHG) emissions ofMenicon amounted to25,240metric 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 2022, the total operational greenhouse gas (GHG) emissions of Meniconincreased by 13.34%, suggesting that the company faced challenges in reducing its emissions from its core operations.a

Menicon's Scope 1 Emissions Over Time

202020212022202301 k2 k3 k4 ktCO2e+13%+18%0%
  • Total Scope 1
  • Year-over-Year Change

What are Menicon's Scope 1 emissions?

In 2023, the total Scope 1 emissions of Menicon were 3,930 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a

Has Menicon reduced its Scope 1 emissions over time?

Since 2020, Menicon's Scope 1 emissions have increased by 33.54%, reflecting a rising long-term trend in Scope 1 emissions over time.ab

Compared to the previous year(2022), Menicon's Scope 1 emissions remained relatively stable, indicating that Menicon's emissions have plateaued with no significant change in its operational footprint.a

What are Menicon's Scope 2 emissions?

In 2023, Menicon reported Scope 2 greenhouse gas (GHG) emissions of 21,310 tCOâ‚‚e without specifying the calculation method.a

Has Menicon reduced its Scope 2 emissions over time?

Since 2020, Menicon's Scope 2 greenhouse gas (GHG) emissions (Unspecified Calculation Method)have increased by 19.69%, reflecting a rising long-term trend in Scope 2 emissions over time.ab

Compared to the previous year(2022), Menicon's Scope 2 emissions(Unspecified Calculation Method) rose by 16.13% in 2023, suggesting that the company faced challenges in reducing emissions from purchased electricity and energya

What methodology does Menicon use for Scope 2 reporting?

In 2023, Menicon reported its Scope 2 emissions using an unspecified methodology.a

Menicon's Scope 2 Emissions Over Time

202020212022202305.5 k11 k16.5 k22 ktCO2e
  • Total Scope 2 (Unspecified Calculation Method)

Insights into Menicon's Value Chain Emissions

In 2023, Menicon reported 200,380 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 2023 disclosure of Menicon includes a breakdown across 9of the 15 Scope 3 categories defined by the GHG Protocol,matching the level of disclosure in 2022, demonstrating consistent Scope 3 emissions reporting coverage year over year.a

Menicon's Scope 3 Emissions Over Time

2020202120222023055 k110 k165 k220 ktCO2e+3652%+66%+10%
  • Total Scope 3
  • Year-over-Year Change

What are Menicon's Scope 3 emissions?

In 2023, Menicon reported total Scope 3 emissions of 200,380 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a

Approximately 93.61%of these emissions originated from upstream activities such as purchased goods and capital goods, while 6.39%came from downstream activities like product use, distribution, and end-of-life treatment.a

Has Menicon reduced its Scope 3 emissions over time?

Since 2020, Menicon's Scope 3 emissionshave increased by 6,715.65%, reflecting a rising long-term trend in Scope 3 emissions over time.ac

Compared to the previous year (2022), Menicon's Scope 3 emissions remained relatively stable, indicating that Menicon's emissions have plateaued with no significant change in its value chain footprint.a

What categories of Scope 3 emissions does Menicon disclose?

In 2023, Menicon reported emissions for 9 out of the 15 Scope 3 categories defined by the GHG Protocol.a

This partial disclosure allows for some insight into the company's indirect impacts.

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

In 2023, the largest contributors to Menicon's Scope 3 emissions were:a

  • Purchased Goods and Services (Cat. 1): 138,270 tCOâ‚‚e(69%)
  • Capital Goods (Cat. 2): 28,740 tCOâ‚‚e(14.34%)
  • End-of-Life Treatment of Sold Products (Cat. 12): 11,440 tCOâ‚‚e(5.71%)

Menicon's Scope 3 Emissions by Categories

End-of-LifeTreatment of SoldProducts (Cat. 12)(5.7%)Purchased Goods andServices (Cat. 1)(69.0%)Capital Goods(Cat. 2)(14.3%)

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

In 2023, Menicon reported Scope 1 greenhouse gas (GHG) emissions of 3,930 tCOâ‚‚e and total revenues of USD 827 millions. This translates into an emissions intensity of 4.75 tCOâ‚‚e per millions USD.a

Menicon's Scope 1 Emissions Intensity Compared to Peers

102002,00050,0001,000,000Scope 1 Emissions (tCO2e)201001,00010,000100,000Revenues (Millions of USD)PMNMAs OneYear: 2024Scope 1: 165 tCO2eRevenue: $M 631Scope 1 Intensity: 0.26 tCO2e/$MHoyaYear: 2024Scope 1: 17,000 tCO2eRevenue: $M 5,234Scope 1 Intensity: 3.25 tCO2e/$MMANIYear: 2023Scope 1: 481 tCO2eRevenue: $M 168Scope 1 Intensity: 2.87 tCO2e/$MTerumoYear: 2023Scope 1: 64,123 tCO2eRevenue: $M 6,158Scope 1 Intensity: 10.41 tCO2e/$MHisamitsu PharmaceuticalYear: 2022Scope 1: 7,862 tCO2eRevenue: $M 1,040Scope 1 Intensity: 7.56 tCO2e/$MSawai Group HoldingsYear: 2023Scope 1: 19,500 tCO2eRevenue: $M 1,229Scope 1 Intensity: 15.87 tCO2e/$MNihon KohdenYear: 2024Scope 1: 4,155 tCO2eRevenue: $M 1,466Scope 1 Intensity: 2.83 tCO2e/$MAsahi InteccYear: 2024Scope 1: 2,490 tCO2eRevenue: $M 669Scope 1 Intensity: 3.72 tCO2e/$MH.U. Group HoldingsYear: 2024Scope 1: 7,367 tCO2eRevenue: $M 1,565Scope 1 Intensity: 4.71 tCO2e/$MPPPHC HoldingsYear: 2023Scope 1: 15,861 tCO2eRevenue: $M 2,676Scope 1 Intensity: 5.93 tCO2e/$MChugai PharmaceuticalYear: 2024Scope 1: 51,143 tCO2eRevenue: $M 7,456Scope 1 Intensity: 6.86 tCO2e/$MSuzukenYear: 2024Scope 1: 26,205 tCO2eRevenue: $M 15,759Scope 1 Intensity: 1.66 tCO2e/$MTsuruha HoldingsYear: 2023Scope 1: 3,424 tCO2eRevenue: $M 6,940Scope 1 Intensity: 0.49 tCO2e/$MOtsuka HoldingsYear: 2024Scope 1: 368,733 tCO2eRevenue: $M 14,840Scope 1 Intensity: 24.85 tCO2e/$MMMMedical Data VisionYear: 2024Scope 1: 13 tCO2eRevenue: $M 38Scope 1 Intensity: 0.35 tCO2e/$MSMSYear: 2023Scope 1: 220 tCO2eRevenue: $M 343Scope 1 Intensity: 0.64 tCO2e/$MAstellas PharmaYear: 2024Scope 1: 52,212 tCO2eRevenue: $M 10,589Scope 1 Intensity: 4.93 tCO2e/$MTsumura & CoYear: 2021Scope 1: 39,385 tCO2eRevenue: $M 1,055Scope 1 Intensity: 37.32 tCO2e/$MDaiichi SankyoYear: 2024Scope 1: 91,836 tCO2eRevenue: $M 10,576Scope 1 Intensity: 8.68 tCO2e/$MNNNippon ShinyakuYear: 2023Scope 1: 4,366 tCO2eRevenue: $M 1,082Scope 1 Intensity: 4.03 tCO2e/$MHikari TsushinYear: 2024Scope 1: 1,102 tCO2eRevenue: $M 3,975Scope 1 Intensity: 0.28 tCO2e/$MAlfresa HoldingsYear: 2025Scope 1: 31,360 tCO2eRevenue: $M 19,746Scope 1 Intensity: 1.59 tCO2e/$MTakeda PharmaceuticalYear: 2024Scope 1: 273,000 tCO2eRevenue: $M 28,155Scope 1 Intensity: 9.70 tCO2e/$MMMMedipal HoldingsYear: 2024Scope 1: 31,081 tCO2eRevenue: $M 23,500Scope 1 Intensity: 1.32 tCO2e/$MMeniconYear: 2023Scope 1: 3,930 tCO2eRevenue: $M 827Scope 1 Intensity: 4.75 tCO2e/$M

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

In 2023, Menicon reported a Scope 1 emissions intensity of 4.75 tCOâ‚‚e per millions USD. Compared to the peer group median of 3.88, this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors.a

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

In 2023, Menicon ranked 15 out of 24 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCOâ‚‚e per millions USD).a

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

Insights into Menicon's Total Carbon Footprint

In 2023, Menicon reported a total carbon footprint of 225,620 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 9.98% increase compared to 2022, suggesting a rise in emissions across its operations or value chain.a

The largest contributor to Menicon's total carbon footprint was Scope 3 emissions, accounting for 88.81% of the company's total carbon footprint, followed by Scope 2 emissions at 9.45%.a

Want Full Access to Menicon's GHG Emissions Dataset?
Sign Up