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Morinaga Milk Industry Co Ltd

Common Name
Morinaga Milk Industry
Country
Japan
Sector
Consumer Defensive
Industry
Packaged Foods
Employees
7,453
Ticker
2264
Exchange
TOKYO STOCK EXCHANGE
Description
Morinaga Milk Industry Co., Ltd. is a prominent player within the food products sector, specializing in dairy and other nutritious offerings. Founded in 1917, the company has established a robust pres...

Morinaga Milk Industry's GHG Emissions Data Preview

In 2024, Morinaga Milk Industry 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 Milk Industry has also provided a category-level breakdown for 10 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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c
0000000
Total Scope 2
Unspecified Calculation Method
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b
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c
0000000
Total Scope 3
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0000000
Total Scope 1 Revenue Intensity (tCO2e/$M)
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b
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c
0000000
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Verified Sources Behind Morinaga Milk Industry’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 Milk Industry’s data sources below and access millions more through our Disclosure Search.

a. Morinaga Milk Industry's Integrated Report 2025
a. Morinaga Milk Industry's Integrated Report 2025
b. Morinaga Milk Industry's ESG Data Spreadsheet 2024
b. Morinaga Milk Industry's ESG Data Spreadsheet 2024
c. Morinaga Milk Industry's Integrated Report 2023
c. Morinaga Milk Industry's Integrated Report 2023

Insights into Morinaga Milk Industry's Operational Emissions

In 2024, the total operational greenhouse gas (GHG) emissions ofMorinaga Milk Industry amounted to271,000metric 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 Milk Industrydecreased by 2.15%, showing that the company has made progress in taking action to reduce the climate impact of its operations.ab

Morinaga Milk Industry's Scope 1 Emissions Over Time

201920202021202220232024055 k110 k165 k220 ktCO2e-5%+13%-3%-8%0%
  • Total Scope 1
  • Year-over-Year Change

What are Morinaga Milk Industry's Scope 1 emissions?

In 2024, the total Scope 1 emissions of Morinaga Milk Industry were 188,000 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a

Has Morinaga Milk Industry reduced its Scope 1 emissions over time?

Since 2019, Morinaga Milk Industry's Scope 1 emissions have decreased by 4.08%, reflecting a declining long-term trend in Scope 1 emissions over time.ab

Compared to the previous year(2023), Morinaga Milk Industry's Scope 1 emissions remained relatively stable, indicating that Morinaga Milk Industry's emissions have plateaued with no significant change in its operational footprint.ab

What are Morinaga Milk Industry's Scope 2 emissions?

In 2024, Morinaga Milk Industry reported Scope 2 greenhouse gas (GHG) emissions of 83,000 tCOâ‚‚e without specifying the calculation method.a

Has Morinaga Milk Industry reduced its Scope 2 emissions over time?

Since 2019, Morinaga Milk Industry's Scope 2 greenhouse gas (GHG) emissions (Unspecified Calculation Method)have decreased by 39.86%, reflecting a declining long-term trend in Scope 2 emissions over time.ab

Compared to the previous year(2023), Morinaga Milk Industry's Scope 2 emissions(Unspecified Calculation Method) have remained relatively stable, indicating that Morinaga Milk Industry's emissions have plateaued with no significant change in its energy consumption footprint.ab

What methodology does Morinaga Milk Industry use for Scope 2 reporting?

In 2024, Morinaga Milk Industry reported its Scope 2 emissions using an unspecified methodology.a

Morinaga Milk Industry's Scope 2 Emissions Over Time

201920202021202220232024035 k70 k105 k140 ktCO2e
  • Total Scope 2 (Unspecified Calculation Method)

Insights into Morinaga Milk Industry's Value Chain Emissions

In 2024, Morinaga Milk Industry reported 2,186,100 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 Milk Industry includes a breakdown across 10of 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 Milk Industry's Scope 3 Emissions Over Time

2019202020212022202320240600 k1.2 M1.8 M2.4 MtCO2e-2%-7%-3%0%+5%
  • Total Scope 3
  • Year-over-Year Change

What are Morinaga Milk Industry's Scope 3 emissions?

In 2024, Morinaga Milk Industry reported total Scope 3 emissions of 2,186,100 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a

Approximately 99.24%of these emissions originated from upstream activities such as purchased goods and capital goods, while 0.76%came from downstream activities like product use, distribution, and end-of-life treatment.a

Has Morinaga Milk Industry reduced its Scope 3 emissions over time?

Since 2019, Morinaga Milk Industry's Scope 3 emissionshave remained relatively stable, indicating that Morinaga Milk Industry's emissions have plateaued with no significant change in its value chain footprint.ab

Compared to the previous year (2023), Morinaga Milk Industry's Scope 3 emissions remained relatively stable, indicating that Morinaga Milk Industry's emissions have plateaued with no significant change in its value chain footprint.a

What categories of Scope 3 emissions does Morinaga Milk Industry disclose?

In 2024, Morinaga Milk Industry reported emissions for 10 out of the 15 Scope 3 categories defined by the GHG Protocol.a

This reflects a high level of granularity and transparency in the company's emissions reporting.

What are the main sources of Morinaga Milk Industry's Scope 3 emissions?

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

  • Purchased Goods and Services (Cat. 1): 1,935,400 tCOâ‚‚e(88.54%)
  • Capital Goods (Cat. 2): 93,900 tCOâ‚‚e(4.3%)
  • Fuel- and Energy-Related Services (Cat. 3): 52,100 tCOâ‚‚e(2.38%)

Morinaga Milk Industry's Scope 3 Emissions by Categories

Capital Goods(Cat. 2)(4.3%)Purchased Goods andServices (Cat. 1)(88.5%)Fuel- andEnergy-RelatedServices (Cat. 3)(2.4%)

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

In 2024, Morinaga Milk Industry reported Scope 1 greenhouse gas (GHG) emissions of 188,000 tCOâ‚‚e and total revenues of USD 3,612 millions. This translates into an emissions intensity of 52.04 tCOâ‚‚e per millions USD.a

Morinaga Milk Industry's Scope 1 Emissions Intensity Compared to Peers

1,0005,00050,000500,0002,000,000Scope 1 Emissions (tCO2e)2001,0002,00010,00020,000Revenues (Millions of USD)TIto EnYear: 2024Scope 1: 41,000 tCO2eRevenue: $M 2,904Scope 1 Intensity: 14.12 tCO2e/$MItoham Yonekyu HoldingsYear: 2024Scope 1: 285,000 tCO2eRevenue: $M 6,310Scope 1 Intensity: 45.17 tCO2e/$MAjinomotoYear: 2024Scope 1: 675,022 tCO2eRevenue: $M 9,504Scope 1 Intensity: 71.03 tCO2e/$MKewpieYear: 2024Scope 1: 54,500 tCO2eRevenue: $M 3,202Scope 1 Intensity: 17.02 tCO2e/$MKikkomanYear: 2025Scope 1: 102,400 tCO2eRevenue: $M 4,728Scope 1 Intensity: 21.66 tCO2e/$MYamazaki BakingYear: 2023Scope 1: 382,000 tCO2eRevenue: $M 8,312Scope 1 Intensity: 45.96 tCO2e/$MMorinaga & CoYear: 2024Scope 1: 25,345 tCO2eRevenue: $M 1,409Scope 1 Intensity: 17.99 tCO2e/$MNissin Foods HoldingsYear: 2024Scope 1: 287,000 tCO2eRevenue: $M 4,840Scope 1 Intensity: 59.30 tCO2e/$MKoseYear: 2024Scope 1: 5,458 tCO2eRevenue: $M 2,056Scope 1 Intensity: 2.65 tCO2e/$MNichireiYear: 2025Scope 1: 86,000 tCO2eRevenue: $M 4,682Scope 1 Intensity: 18.37 tCO2e/$MLionYear: 2024Scope 1: 73,000 tCO2eRevenue: $M 2,630Scope 1 Intensity: 27.75 tCO2e/$MTTToyo Suisan KaishaYear: 2023Scope 1: 78,736 tCO2eRevenue: $M 3,272Scope 1 Intensity: 24.07 tCO2e/$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: $M 5,678Scope 1 Intensity: 26.24 tCO2e/$MFuji OilYear: 2024Scope 1: 180,326 tCO2eRevenue: $M 3,725Scope 1 Intensity: 48.41 tCO2e/$MKagomeYear: 2024Scope 1: 165,915 tCO2eRevenue: $M 1,955Scope 1 Intensity: 84.88 tCO2e/$MNH FoodsYear: 2024Scope 1: 437,000 tCO2eRevenue: $M 8,607Scope 1 Intensity: 50.77 tCO2e/$MStarzenYear: 2024Scope 1: 24,935 tCO2eRevenue: $M 2,711Scope 1 Intensity: 9.20 tCO2e/$MCalbeeYear: 2024Scope 1: 133,272 tCO2eRevenue: $M 2,001Scope 1 Intensity: 66.60 tCO2e/$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: $M 2,241Scope 1 Intensity: 27.39 tCO2e/$MCoca-Cola Bottlers Japan HoldingsYear: 2024Scope 1: 186,383 tCO2eRevenue: $M 5,686Scope 1 Intensity: 32.78 tCO2e/$MMorinaga Milk IndustryYear: 2024Scope 1: 188,000 tCO2eRevenue: $M 3,612Scope 1 Intensity: 52.04 tCO2e/$M

How does Morinaga Milk Industry's GHG emissions intensity compare to its peers?

In 2024, Morinaga Milk Industry reported a Scope 1 emissions intensity of 52.04 tCOâ‚‚e per millions USD. Compared to the peer group median of 27.57, this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors.a

Where does Morinaga Milk Industry rank on GHG emissions intensity within its industry?

In 2024, Morinaga Milk Industry ranked 20 out of 24 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCOâ‚‚e per millions USD).a

This places Morinaga Milk Industry among the least efficient performers, with one of the highest emissions intensities in its sector.a

Insights into Morinaga Milk Industry's Total Carbon Footprint

In 2024, Morinaga Milk Industry reported a total carbon footprint of 2,457,100 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 3.79% increase compared to 2023, suggesting a rise in emissions across its operations or value chain.ab

The largest contributor to Morinaga Milk Industry's total carbon footprint was Scope 3 emissions, accounting for 88.97% of the company's total carbon footprint, followed by Scope 1 emissions at 7.65%.a

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