Nifco Inc

Common Name
Nifco
Country
Japan
Sector
Consumer Cyclical
Industry
Auto Parts
Employees
9,041
Ticker
7988
Exchange
TOKYO STOCK EXCHANGE
Description
Nifco Inc. is a prominent manufacturing enterprise, specializing in the design and production of industrial fasteners and components. Originating from Japan, Nifco primarily serves the automotive indu...

Nifco's GHG Emissions Data Preview

In 2023, Nifco 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) and Scope 2 (indirect emissions from purchased energy).

However, Nifco has not published a category-level breakdown of its Scope 3 emissions, limiting visibility into specific value chain sources.

Metric (tCO2e)2023202220212020 - 2017
Total Scope 1
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Total Scope 2
Unspecified Calculation Method
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Total Scope 3
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Total Scope 1 Revenue Intensity (tCO2e/$M)
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Verified Sources Behind Nifco’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 Nifco’s data sources below and access millions more through our Disclosure Search.

a. Nifco's Webpage captured from company’s website 2023
a. Nifco's Webpage captured from company’s website 2023

Insights into Nifco's Operational Emissions

In 2023, the total operational greenhouse gas (GHG) emissions of Nifco amounted to 19,873.5 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 2022, the total operational greenhouse gas (GHG) emissions of Nifco increased by 6.28%, suggesting that the company faced challenges in reducing its emissions from its core operations. a

Nifco's Scope 1 Emissions Over Time

20202021202220230200400600800tCO2e-2%+7%0%
  • Total Scope 1
  • Year-over-Year Change

What are Nifco's Scope 1 emissions?

In 2023, the total Scope 1 emissions of Nifco were 666.4 metric tons of CO₂ equivalent (tCO₂e). a

Has Nifco reduced its Scope 1 emissions over time?

Since 2020, Nifco's Scope 1 emissions have increased by 4.6%, reflecting a rising long-term trend in Scope 1 emissions over time. a

Compared to the previous year (2022), Nifco's Scope 1 emissions remained relatively stable, indicating that Nifco's emissions have plateaued with no significant change in its operational footprint. a

What are Nifco's Scope 2 emissions?

In 2023, Nifco reported Scope 2 greenhouse gas (GHG) emissions of 19,207.1 tCO₂e without specifying the calculation method. a

Has Nifco reduced its Scope 2 emissions over time?

Since 2020, Nifco's Scope 2 greenhouse gas (GHG) emissions ( Unspecified Calculation Method) have remained relatively stable, indicating that Nifco 's emissions have plateaued with no significant change in its energy consumption footprint. a

Compared to the previous year (2022), Nifco's Scope 2 emissions (Unspecified Calculation Method) have remained relatively stable, indicating that Nifco 's emissions have plateaued with no significant change in its energy consumption footprint. a

What methodology does Nifco use for Scope 2 reporting?

In 2023, Nifco reported its Scope 2 emissions using an unspecified methodology. a

Nifco's Scope 2 Emissions Over Time

202020212022202305 k10 k15 k20 ktCO2e
  • Total Scope 2 (Unspecified Calculation Method)

Insights into Nifco’s GHG Emissions Intensity Compared to Industry Peers

In 2023, Nifco reported Scope 1 greenhouse gas (GHG) emissions of 666.4 tCO₂e and total revenues of USD 2,415 millions. This translates into an emissions intensity of 0.28 tCO₂e per millions USD. a

Nifco's Scope 1 Emissions Intensity Compared to Peers

2002,00020,000500,0005,000,000Scope 1 Emissions (tCO2e)1001,0005,00020,000100,000Revenues (Millions of USD)NNTYWSAisinYear: 2023Scope 1: 525,133 tCO2eRevenue: $M 33,054Scope 1 Intensity: 15.89 tCO2e/$MNNNiterraYear: 2023Scope 1: 48,000 tCO2eRevenue: $M 4,223Scope 1 Intensity: 11.37 tCO2e/$MNSKYear: 2023Scope 1: 102,000 tCO2eRevenue: $M 7,043Scope 1 Intensity: 14.48 tCO2e/$MNichirinYear: 2023Scope 1: 4,954 tCO2eRevenue: $M 499Scope 1 Intensity: 9.92 tCO2e/$MNNNOKYear: 2024Scope 1: 57,000 tCO2eRevenue: $M 4,956Scope 1 Intensity: 11.50 tCO2e/$MTTToyoda GoseiYear: 2022Scope 1: 106,200 tCO2eRevenue: $M 6,804Scope 1 Intensity: 15.61 tCO2e/$MDensoYear: 2023Scope 1: 565,000 tCO2eRevenue: $M 48,058Scope 1 Intensity: 11.76 tCO2e/$MGS YuasaYear: 2022Scope 1: 66,952 tCO2eRevenue: $M 3,541Scope 1 Intensity: 18.91 tCO2e/$MKoito ManufacturingYear: 2023Scope 1: 49,000 tCO2eRevenue: $M 6,492Scope 1 Intensity: 7.55 tCO2e/$MYokohama RubberYear: 2024Scope 1: 591,000 tCO2eRevenue: $M 6,973Scope 1 Intensity: 84.75 tCO2e/$MSumitomo Electric IndustriesYear: 2023Scope 1: 214,000 tCO2eRevenue: $M 30,071Scope 1 Intensity: 7.12 tCO2e/$MTS TechYear: 2023Scope 1: 7,083 tCO2eRevenue: $M 3,072Scope 1 Intensity: 2.31 tCO2e/$MToyo TireYear: 2023Scope 1: 274,500 tCO2eRevenue: $M 3,909Scope 1 Intensity: 70.23 tCO2e/$MToyota BoshokuYear: 2025Scope 1: 59,018 tCO2eRevenue: $M 13,031Scope 1 Intensity: 4.53 tCO2e/$MYYYamaguchi Financial GroupYear: 2023Scope 1: 2,360 tCO2eRevenue: $M 481Scope 1 Intensity: 4.90 tCO2e/$MKatitasYear: 2023Scope 1: 2,400 tCO2eRevenue: $M 911Scope 1 Intensity: 2.63 tCO2e/$MResorttrustYear: 2023Scope 1: 54,192 tCO2eRevenue: $M 1,275Scope 1 Intensity: 42.50 tCO2e/$MWWWacoal HoldingsYear: 2024Scope 1: 1,578 tCO2eRevenue: $M 1,236Scope 1 Intensity: 1.28 tCO2e/$MBridgestoneYear: 2024Scope 1: 1,509,385 tCO2eRevenue: $M 28,218Scope 1 Intensity: 53.49 tCO2e/$MMabuchi MotorYear: 2023Scope 1: 2,926 tCO2eRevenue: $M 1,263Scope 1 Intensity: 2.32 tCO2e/$MJTEKTYear: 2023Scope 1: 106,000 tCO2eRevenue: $M 12,599Scope 1 Intensity: 8.41 tCO2e/$MSSSumitomo Rubber IndustriesYear: 2023Scope 1: 363,000 tCO2eRevenue: $M 8,325Scope 1 Intensity: 43.60 tCO2e/$MNHK SpringYear: 2022Scope 1: 43,000 tCO2eRevenue: $M 4,810Scope 1 Intensity: 8.94 tCO2e/$MStanley ElectricYear: 2021Scope 1: 3,464 tCO2eRevenue: $M 3,261Scope 1 Intensity: 1.06 tCO2e/$MNifcoYear: 2023Scope 1: 666 tCO2eRevenue: $M 2,415Scope 1 Intensity: 0.28 tCO2e/$M

How does Nifco's GHG emissions intensity compare to its peers?

In 2023, Nifco reported a Scope 1 emissions intensity of 0.28 tCO₂e per millions USD. Compared to the peer group median of 10.64 , this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors. a

Where does Nifco rank on GHG emissions intensity within its industry?

In 2023, Nifco ranked 1 out of 24 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD). a

This places Nifco among the top performers, with one of the lowest emissions intensities relative to peers. a

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