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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Total Scope 2
Market-Based
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Location-Based
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Total Scope 3
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This table provides a simplified preview of selected GHG emissions data points. To access the complete dataset with full disclosures, detailed breakdowns, and source traceability, create a free account to view purchase options.

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).

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.

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 COâ‚‚ equivalent (tCOâ‚‚e).

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.

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.

What are Morinaga & Co's Scope 2 emissions?

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

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.

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.

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.

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 COâ‚‚ equivalent (tCOâ‚‚e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.

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.

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 COâ‚‚ equivalent (tCOâ‚‚e).

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.

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.

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.

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:

  • Purchased Goods and Services (Cat. 1): 325,263 tCOâ‚‚e (81.12%)
  • Capital Goods (Cat. 2): 37,677 tCOâ‚‚e (9.4%)
  • Upstream Transportation and Distribution (Cat. 4): 18,679 tCOâ‚‚e (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 Total Carbon Footprint

In 2024, Morinaga & Co reported a total carbon footprint of 485,537 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) 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.

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%.

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