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Morinaga & Co Ltd
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) | 2024 | 2023 | 2022 | 2021 - 2017 |
|---|---|---|---|---|
Total Scope 1 | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | 0000000 |
Total Scope 2 | ||||
Market-Based | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | 0000000 |
Location-Based | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | 0000000 |
Total Scope 3 | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | 0000000 |
Total Scope 1 Revenue Intensity (tCO2e/$M) | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | 0000000 |
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aVerified Sources Behind Morinaga & Co’s Greenhouse Gas (GHG) Emissions Data
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Insights into Morinaga & Co's Operational Emissions
In 2024, the total operational greenhouse gas (GHG) emissions ofMorinaga & Co amounted to84,575metric 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 & Codecreased 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
- 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).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 tCOâ‚‚e using the market-based method and 59,230 tCOâ‚‚e 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
- 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.a
The 2024 disclosure of Morinaga & Co includes a breakdown across 9of 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
- 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).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 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
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 tCOâ‚‚e and total revenues of USD 1,409 millions. This translates into an emissions intensity of 17.99 tCOâ‚‚e per millions USD.a
Morinaga & Co's Scope 1 Emissions Intensity Compared to Peers
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 tCOâ‚‚e 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 tCOâ‚‚e 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 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.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