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) | 2024 | 2023 | 2022 | 2021 - 2017 |
|---|---|---|---|---|
Total Scope 1 | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Scope 2 | ||||
Market-Based | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Location-Based | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Scope 3 | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Scope 1 Revenue Intensity (tCO2e/$M) | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
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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
In 2024, the total Scope 1 emissions of Morinaga & Co were 25,345 metric tons of CO₂ equivalent (tCO₂e). a
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
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
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
In 2024, Morinaga & Co reported its Scope 2 emissions using the market-based method and using the location-based method. a
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
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
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.
In 2024, the largest contributors to Morinaga & Co's Scope 3 emissions were: a
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
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
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
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