Mitsubishi Electric Corp

Common Name
Mitsubishi Electric
Country
Japan
Sector
Industrials
Industry
Electrical Equipment & Parts
Employees
149,914
Ticker
6503
Exchange
TOKYO STOCK EXCHANGE
Description
Mitsubishi Electric Corporation is a global leader in the manufacture and sale of electrical and electronic equipment. This multinational corporation, based in Tokyo, Japan, operates across diverse se...

Mitsubishi Electric's GHG Emissions Data Preview

In 2023, Mitsubishi Electric 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).

Mitsubishi Electric has also provided a category-level breakdown for 13 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.

Metric (tCO2e)2023202220212020 - 2017
Total Scope 1
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Total Scope 2
Market-Based
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Location-Based
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Total Scope 3
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Total Scope 1 Revenue Intensity (tCO2e/$M)
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Verified Sources Behind Mitsubishi Electric’s Greenhouse Gas (GHG) Emissions Data

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a. Mitsubishi Electric's Sustainability Report 2023
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Insights into Mitsubishi Electric's Operational Emissions

In 2023, the total operational greenhouse gas (GHG) emissions of Mitsubishi Electric amounted to 1,046,000 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). a

Compared to 2022, the total operational greenhouse gas (GHG) emissions of Mitsubishi Electric decreased by 9.91%, showing that the company has made progress in taking action to reduce the climate impact of its operations. a

Mitsubishi Electric's Scope 1 Emissions Over Time

201820192020202120222023075 k150 k225 k300 ktCO2e-7%-14%+1%+14%-1%
  • Total Scope 1
  • Year-over-Year Change

What are Mitsubishi Electric's Scope 1 emissions?

In 2023, the total Scope 1 emissions of Mitsubishi Electric were 272,000 metric tons of CO₂ equivalent (tCO₂e). a

Has Mitsubishi Electric reduced its Scope 1 emissions over time?

Since 2018, Mitsubishi Electric's Scope 1 emissions have decreased by 9.33%, reflecting a declining long-term trend in Scope 1 emissions over time. a

Compared to the previous year (2022), Mitsubishi Electric's Scope 1 emissions decreased by 1.45%, highlighting the company's efforts to lower direct emissions from assets it owns or controls. a

What are Mitsubishi Electric's Scope 2 emissions?

In 2023, Mitsubishi Electric reported Scope 2 greenhouse gas (GHG) emissions of 679,000 tCO₂e using the market-based method and 774,000 tCO₂e using the location-based method. a

Has Mitsubishi Electric reduced its Scope 2 emissions over time?

Since 2018, Mitsubishi Electric's Scope 2 greenhouse gas (GHG) emissions (Location-Based) have decreased by 15.87%, reflecting a declining long-term trend in Scope 2 emissions over time. a

Compared to the previous year (2022), Mitsubishi Electric's Scope 2 emissions (Location-Based) fell by 12.54% in 2023, showing that the company has made progress in taking action to reduce the climate impact of its energy consumption. a

What methodology does Mitsubishi Electric use for Scope 2 reporting?

In 2023, Mitsubishi Electric reported its Scope 2 emissions using the market-based method and using the location-based method. a

Mitsubishi Electric's Scope 2 Emissions Over Time

2018201920202021202220230250 k500 k750 k1 MtCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based

Insights into Mitsubishi Electric's Value Chain Emissions

In 2023, Mitsubishi Electric reported 182,427,000 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 2023 disclosure of Mitsubishi Electric includes a breakdown across 13 of 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

Mitsubishi Electric's Scope 3 Emissions Over Time

202120222023050 M100 M150 M200 MtCO2e-2%+14%
  • Total Scope 3
  • Year-over-Year Change

What are Mitsubishi Electric's Scope 3 emissions?

In 2023, Mitsubishi Electric reported total Scope 3 emissions of 182,427,000 metric tons of CO₂ equivalent (tCO₂e). a

Approximately 7.57% of these emissions originated from upstream activities such as purchased goods and capital goods, while 92.43% came from downstream activities like product use, distribution, and end-of-life treatment. a

Compared to the previous year (2022), Mitsubishi Electric's Scope 3 emissions increased by 14.22%, suggesting that the company faced challenges in reducing emissions across its value chain. a

What categories of Scope 3 emissions does Mitsubishi Electric disclose?

In 2023, Mitsubishi Electric reported emissions for 13 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 Mitsubishi Electric's Scope 3 emissions?

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

  • Use of Sold Products (Cat. 11): 168,568,000 tCO₂e (92.4%)
  • Purchased Goods and Services (Cat. 1): 11,947,000 tCO₂e (6.55%)
  • Capital Goods (Cat. 2): 1,048,000 tCO₂e (0.57%)

Mitsubishi Electric's Scope 3 Emissions by Categories

Purchased Goods andServices (Cat. 1)(6.5%)Use of Sold Products(Cat. 11)(92.4%)

Insights into Mitsubishi Electric's Total Carbon Footprint

In 2023, Mitsubishi Electric reported a total carbon footprint of 183,473,000 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 14.05% increase compared to 2022, suggesting a rise in emissions across its operations or value chain. a

The largest contributor to Mitsubishi Electric's total carbon footprint was Scope 3 emissions, accounting for 99.43% of the company's total carbon footprint, followed by Scope 2 emissions at 0.42%. a

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