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)2024202320222021 - 2017
Total Scope 1
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0000000
Total Scope 2
Market-Based
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0000000
Location-Based
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0000000
Total Scope 3
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0000000
Total Scope 1 Revenue Intensity (tCO2e/$M)
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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
a. Morinaga & Co's ESG Data Spreadsheet 2024
b. Morinaga & Co's ESG Data Spreadsheet 2023
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. a b

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. a b

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

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

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)201001,00010,00050,000Revenues (Millions of USD)NKoseYear: 2024Scope 1: 5,458 tCO2eRevenue: $M 2,056Scope 1 Intensity: 2.65 tCO2e/$MLionYear: 2023Scope 1: 63,000 tCO2eRevenue: $M 2,848Scope 1 Intensity: 22.12 tCO2e/$MPPIHYear: 2024Scope 1: 97,432 tCO2eRevenue: $M 13,038Scope 1 Intensity: 7.47 tCO2e/$MRohto PharmaceuticalYear: 2024Scope 1: 6,900 tCO2eRevenue: $M 1,788Scope 1 Intensity: 3.86 tCO2e/$MYakult HonshaYear: 2022Scope 1: 258,112 tCO2eRevenue: $M 3,402Scope 1 Intensity: 75.87 tCO2e/$MNisshin Seifun GroupYear: 2025Scope 1: 149,000 tCO2eRevenue: $M 5,678Scope 1 Intensity: 26.24 tCO2e/$MPALTACYear: 2023Scope 1: 3,262 tCO2eRevenue: $M 8,290Scope 1 Intensity: 0.39 tCO2e/$MFuji OilYear: 2023Scope 1: 179,678 tCO2eRevenue: $M 4,185Scope 1 Intensity: 42.94 tCO2e/$MJapan TobaccoYear: 2024Scope 1: 320 tCO2eRevenue: $M 20,126Scope 1 Intensity: 0.02 tCO2e/$MKagomeYear: 2023Scope 1: 90,642 tCO2eRevenue: $M 1,589Scope 1 Intensity: 57.04 tCO2e/$MNH FoodsYear: 2024Scope 1: 437,000 tCO2eRevenue: $M 8,607Scope 1 Intensity: 50.77 tCO2e/$MH2O RetailingYear: 2024Scope 1: 54,000 tCO2eRevenue: $M 4,341Scope 1 Intensity: 12.44 tCO2e/$MPola Orbis HoldingsYear: 2023Scope 1: 2,201 tCO2eRevenue: $M 1,225Scope 1 Intensity: 1.80 tCO2e/$MPigeonYear: 2023Scope 1: 2,903 tCO2eRevenue: $M 668Scope 1 Intensity: 4.35 tCO2e/$MNNNoevir HoldingsYear: 2022Scope 1: 4,483 tCO2eRevenue: $M 423Scope 1 Intensity: 10.59 tCO2e/$MBlue Zones HoldingsYear: 2022Scope 1: 19,413 tCO2eRevenue: $M 45Scope 1 Intensity: 431.09 tCO2e/$MKobayashi PharmaceuticalYear: 2024Scope 1: 8,000 tCO2eRevenue: $M 1,055Scope 1 Intensity: 7.58 tCO2e/$MMeiji HoldingsYear: 2024Scope 1: 209,000 tCO2eRevenue: $M 7,300Scope 1 Intensity: 28.63 tCO2e/$MNissuiYear: 2024Scope 1: 213,648 tCO2eRevenue: $M 5,490Scope 1 Intensity: 38.92 tCO2e/$MTakara HoldingsYear: 2022Scope 1: 68,999 tCO2eRevenue: $M 2,466Scope 1 Intensity: 27.98 tCO2e/$MMorinaga Milk IndustryYear: 2023Scope 1: 188,177 tCO2eRevenue: $M 3,946Scope 1 Intensity: 47.69 tCO2e/$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 22.12 , 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 11 out of 21 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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