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Morinaga & Co Ltd

Common Name
Morinaga & Co
Country
Japan
Sector
Consumer Defensive
Industry
Confectioners
Employees
3,153
Ticker
2201
Exchange
TOKYO STOCK EXCHANGE
Description
Morinaga & Co., Ltd. is a renowned Japanese company operating in the food manufacturing industry. It specializes in producing and marketing a diverse array of confectionery and food products, includin...

Morinaga & Co's GHG Emissions Data Preview

In 2024, Morinaga & Co 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).

Morinaga & Co 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)202420232022
2021 - 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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Limited Data Preview
You are viewing a limited preview of Morinaga & Co’s GHG emissions dataset. The full dataset, available for download, includes Scope 1, 2, and 3 emissions with detailed category-level breakdowns, historical coverage back to 2019, and revenue-based intensity metrics for each scope.
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Verified Sources Behind Morinaga & Co’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 Morinaga & Co’s data sources below and access millions more through our Disclosure Search.

a. Morinaga & Co's ESG Data Spreadsheet 2024
b. Morinaga & Co's ESG Data Spreadsheet 2023

Insights into Morinaga & Co's Operational Emissions

In 2024, the total operational greenhouse gas (GHG) emissions of Morinaga & Co amounted to 84,575 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 2023, the total operational greenhouse gas (GHG) emissions of Morinaga & Co decreased by 2.32%, showing that the company has made progress in taking action to reduce the climate impact of its operations.a

Morinaga & Co's Scope 1 Emissions Over Time

20192020202120222023202407 k14 k21 k28 ktCO2e-11%+3%+5%+1%-4%
  • Total Scope 1
  • Year-over-Year Change

What are Morinaga & Co's Scope 1 emissions?

In 2024, the total Scope 1 emissions of Morinaga & Co were 25,345 metric tons of CO₂ equivalent (tCO₂e).a

Has Morinaga & Co reduced its Scope 1 emissions over time?

Since 2019, Morinaga & Co's Scope 1 emissions have decreased by 5.44%, reflecting a declining long-term trend in Scope 1 emissions over time.ab

Compared to the previous year (2023), Morinaga & Co's Scope 1 emissions decreased by 3.58%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.a

What are Morinaga & Co's Scope 2 emissions?

In 2024, Morinaga & Co reported Scope 2 greenhouse gas (GHG) emissions of 48,840 tCO₂e using the market-based method and 59,230 tCO₂e using the location-based method.a

Has Morinaga & Co reduced its Scope 2 emissions over time?

Since 2019, Morinaga & Co's Scope 2 greenhouse gas (GHG) emissions (Location-Based) have remained relatively stable, indicating that Morinaga & Co's emissions have plateaued with no significant change in its energy consumption footprint.ab

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

What methodology does Morinaga & Co use for Scope 2 reporting?

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

Morinaga & Co's Scope 2 Emissions Over Time

201920202021202220232024020 k40 k60 k80 ktCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based

Insights into Morinaga & Co's Value Chain Emissions

In 2024, Morinaga & Co reported 400,962 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 2024 disclosure of Morinaga & Co 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.a

Morinaga & Co's Scope 3 Emissions Over Time

202020212022202320240150 k300 k450 k600 ktCO2e+13%+1%-2%+16%
  • Total Scope 3
  • Year-over-Year Change

What are Morinaga & Co's Scope 3 emissions?

In 2024, Morinaga & Co reported total Scope 3 emissions of 400,962 metric tons of CO₂ equivalent (tCO₂e).a

Approximately 98.29% of these emissions originated from upstream activities such as purchased goods and capital goods, while 1.71% came from downstream activities like product use, distribution, and end-of-life treatment.a

Compared to the previous year (2023), Morinaga & Co's Scope 3 emissions increased by 15.66%, suggesting that the company faced challenges in reducing emissions across its value chain.a

What categories of Scope 3 emissions does Morinaga & Co disclose?

In 2024, Morinaga & Co 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 Morinaga & Co's Scope 3 emissions?

In 2024, the largest contributors to Morinaga & Co's Scope 3 emissions were:a

  • Purchased Goods and Services (Cat. 1): 325,263 tCO₂e (81.12%)
  • Capital Goods (Cat. 2): 37,677 tCO₂e (9.4%)
  • Upstream Transportation and Distribution (Cat. 4): 18,679 tCO₂e (4.66%)

Morinaga & Co's Scope 3 Emissions by Categories

UpstreamTransportation andDistribution(Cat. 4)(4.7%)Purchased Goods andServices (Cat. 1)(81.1%)Capital Goods(Cat. 2)(9.4%)

Insights into Morinaga & Co’s GHG Emissions Intensity Compared to Industry Peers

In 2024, Morinaga & Co reported Scope 1 greenhouse gas (GHG) emissions of 25,345 tCO₂e and total revenues of USD 1,409 millions. This translates into an emissions intensity of 17.99 tCO₂e per millions USD.a

Morinaga & Co's Scope 1 Emissions Intensity Compared to Peers

1001,00010,000100,0002,000,000Scope 1 Emissions (tCO2e)1005002,00010,00050,000Revenues (Millions of USD)NKose HoldingsYear: 2024Scope 1: 5,458 tCO2eRevenue: $M 2,056Scope 1 Intensity: 2.65 tCO2e/$MLionYear: 2024Scope 1: 73,000 tCO2eRevenue: $M 2,630Scope 1 Intensity: 27.75 tCO2e/$MRohto PharmaceuticalYear: 2024Scope 1: 6,900 tCO2eRevenue: $M 1,788Scope 1 Intensity: 3.86 tCO2e/$MYakult HonshaYear: 2024Scope 1: 233,355 tCO2eRevenue: $M 3,322Scope 1 Intensity: 70.25 tCO2e/$MNisshin Seifun GroupYear: 2025Scope 1: 149,000 tCO2eRevenue: $M 5,678Scope 1 Intensity: 26.24 tCO2e/$MPALTACYear: 2025Scope 1: 2,589 tCO2eRevenue: $M 7,922Scope 1 Intensity: 0.33 tCO2e/$MFuji OilYear: 2024Scope 1: 180,326 tCO2eRevenue: $M 3,725Scope 1 Intensity: 48.41 tCO2e/$MJapan TobaccoYear: 2024Scope 1: 320 tCO2eRevenue: $M 20,126Scope 1 Intensity: 0.02 tCO2e/$MKagomeYear: 2024Scope 1: 165,915 tCO2eRevenue: $M 1,955Scope 1 Intensity: 84.88 tCO2e/$MNH FoodsYear: 2024Scope 1: 437,000 tCO2eRevenue: $M 8,607Scope 1 Intensity: 50.77 tCO2e/$MH2O RetailingYear: 2024Scope 1: 54,000 tCO2eRevenue: $M 4,341Scope 1 Intensity: 12.44 tCO2e/$MStarzenYear: 2024Scope 1: 24,935 tCO2eRevenue: $M 2,711Scope 1 Intensity: 9.20 tCO2e/$MPola Orbis HoldingsYear: 2024Scope 1: 2,130 tCO2eRevenue: $M 1,085Scope 1 Intensity: 1.96 tCO2e/$MPigeonYear: 2023Scope 1: 2,903 tCO2eRevenue: $M 668Scope 1 Intensity: 4.35 tCO2e/$MNNNoevir HoldingsYear: 2022Scope 1: 4,483 tCO2eRevenue: $M 423Scope 1 Intensity: 10.59 tCO2e/$MCalbeeYear: 2024Scope 1: 133,272 tCO2eRevenue: $M 2,001Scope 1 Intensity: 66.60 tCO2e/$MBlue Zones HoldingsYear: 2024Scope 1: 20,295 tCO2eRevenue: $M 4,091Scope 1 Intensity: 4.96 tCO2e/$MKobayashi PharmaceuticalYear: 2024Scope 1: 8,000 tCO2eRevenue: $M 1,055Scope 1 Intensity: 7.58 tCO2e/$MMeiji HoldingsYear: 2025Scope 1: 200,000 tCO2eRevenue: $M 7,696Scope 1 Intensity: 25.99 tCO2e/$MNissuiYear: 2024Scope 1: 213,648 tCO2eRevenue: $M 5,490Scope 1 Intensity: 38.92 tCO2e/$MTakara HoldingsYear: 2024Scope 1: 61,374 tCO2eRevenue: $M 2,241Scope 1 Intensity: 27.39 tCO2e/$MMorinaga Milk IndustryYear: 2024Scope 1: 188,000 tCO2eRevenue: $M 3,612Scope 1 Intensity: 52.04 tCO2e/$MMorinaga & CoYear: 2024Scope 1: 25,345 tCO2eRevenue: $M 1,409Scope 1 Intensity: 17.99 tCO2e/$M

How does Morinaga & Co's GHG emissions intensity compare to its peers?

In 2024, Morinaga & Co reported a Scope 1 emissions intensity of 17.99 tCO₂e per millions USD. Compared to the peer group median of 19.21, this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors.a

Where does Morinaga & Co rank on GHG emissions intensity within its industry?

In 2024, Morinaga & Co ranked 12 out of 22 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD).a

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

Insights into Morinaga & Co's Total Carbon Footprint

In 2024, Morinaga & Co reported a total carbon footprint of 485,537 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 12.06% increase compared to 2023, suggesting a rise in emissions across its operations or value chain.a

The largest contributor to Morinaga & Co's total carbon footprint was Scope 3 emissions, accounting for 82.58% of the company's total carbon footprint, followed by Scope 2 emissions at 12.2%.a

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