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In 2024, Nankai Electric Railway 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).
Nankai Electric Railway 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 |
Unspecified Calculation Method | 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 ofNankai Electric Railway amounted to224,910metric 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 Nankai Electric Railwayincreased by 6.01%, suggesting that the company faced challenges in reducing its emissions from its core operations.a
In 2024, the total Scope 1 emissions of Nankai Electric Railway were 88,272 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a
Since 2020, Nankai Electric Railway's Scope 1 emissions have increased by 9.59%, reflecting a rising long-term trend in Scope 1 emissions over time.ab
Compared to the previous year(2023), Nankai Electric Railway's Scope 1 emissions increased by 3.22%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations.a
In 2024, Nankai Electric Railway reported Scope 2 greenhouse gas (GHG) emissions of 136,638 tCOâ‚‚e using the market-based method.a
Compared to the previous year(2023), Nankai Electric Railway's Scope 2 emissions(Market-Based) have remained relatively stable, indicating that Nankai Electric Railway's emissions have plateaued with no significant change in its energy consumption footprint.a
In 2024, Nankai Electric Railway reported its Scope 2 emissions using the market-based method.a
In 2024, Nankai Electric Railway reported 804,061 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 Nankai Electric Railway includes a breakdown across 8of 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, Nankai Electric Railway reported total Scope 3 emissions of 804,061 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a
Approximately 83.47%of these emissions originated from upstream activities such as purchased goods and capital goods, while 16.53%came from downstream activities like product use, distribution, and end-of-life treatment.a
Compared to the previous year (2023), Nankai Electric Railway's Scope 3 emissions remained relatively stable, indicating that Nankai Electric Railway's emissions have plateaued with no significant change in its value chain footprint.a
In 2024, Nankai Electric Railway reported emissions for 8 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 Nankai Electric Railway's Scope 3 emissions were:a
In 2024, Nankai Electric Railway reported Scope 1 greenhouse gas (GHG) emissions of 88,272 tCOâ‚‚e and total revenues of USD 1,595 millions. This translates into an emissions intensity of 55.33 tCOâ‚‚e per millions USD.a
In 2024, Nankai Electric Railway reported a Scope 1 emissions intensity of 55.33 tCOâ‚‚e per millions USD. Compared to the peer group median of 8.23, this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors.a
In 2024, Nankai Electric Railway ranked 24 out of 25 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCOâ‚‚e per millions USD).a
This places Nankai Electric Railway among the least efficient performers, with one of the highest emissions intensities in its sector.a
In 2024, Nankai Electric Railway reported a total carbon footprint of 1,028,971 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 1.64% increase compared to 2023, suggesting a rise in emissions across its operations or value chain.a
The largest contributor to Nankai Electric Railway's total carbon footprint was Scope 3 emissions, accounting for 78.14% of the company's total carbon footprint, followed by Scope 2 emissions at 13.28%.a