In 2024, Nikon 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).
Nikon 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 | 2021-2019 |
|---|---|---|---|---|
Total Scope 1 | 25,004a | 29,957a | 34,668a | |
Total Scope 2 | ||||
Market-Based | 51,924a | 57,395a | 140,199a | |
Location-Based | 180,638a | 178,899a | 171,599a | |
Total Scope 3 | 991,775a | 856,454a | 716,958a | |
Total Scope 1 Revenue Intensity (tCO2e/$M) | 5.2794a | 6.3529a | 7.8394a |
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In 2024, the total operational greenhouse gas (GHG) emissions of Nikon amounted to 205,642 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 2023, the total operational greenhouse gas (GHG) emissions of Nikon decreased by 1.54%, showing that the company has made progress in taking action to reduce the climate impact of its operations.a
In 2024, the total Scope 1 emissions of Nikon were 25,004 metric tons of CO₂ equivalent (tCO₂e).a
Since 2019, Nikon's Scope 1 emissions have decreased by 32.52%, reflecting a declining long-term trend in Scope 1 emissions over time.ab
Compared to the previous year (2023), Nikon's Scope 1 emissions decreased by 16.53%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.a
In 2024, Nikon reported Scope 2 greenhouse gas (GHG) emissions of 51,924 tCO₂e using the market-based method and 180,638 tCO₂e using the location-based method.a
Since 2019, Nikon's Scope 2 greenhouse gas (GHG) emissions (Location-Based) have remained relatively stable, indicating that Nikon's emissions have plateaued with no significant change in its energy consumption footprint.ab
Compared to the previous year (2023), Nikon's Scope 2 emissions (Location-Based) have remained relatively stable, indicating that Nikon's emissions have plateaued with no significant change in its energy consumption footprint.a
In 2024, Nikon reported its Scope 2 emissions using the market-based method and using the location-based method.a
In 2024, Nikon reported 991,775 metric tons of CO₂ equivalent (tCO₂e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.a
The 2024 disclosure of Nikon 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.a
In 2024, Nikon reported total Scope 3 emissions of 991,775 metric tons of CO₂ equivalent (tCO₂e).a
Approximately 88.69% of these emissions originated from upstream activities such as purchased goods and capital goods, while 11.31% came from downstream activities like product use, distribution, and end-of-life treatment.a
Since 2019, Nikon's Scope 3 emissionshave remained relatively stable, indicating that Nikon's emissions have plateaued with no significant change in its value chain footprint.ab
Compared to the previous year (2023), Nikon's Scope 3 emissions increased by 15.8%, suggesting that the company faced challenges in reducing emissions across its value chain.a
In 2024, Nikon 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.
In 2024, the largest contributors to Nikon's Scope 3 emissions were:a
In 2024, Nikon reported Scope 1 greenhouse gas (GHG) emissions of 25,004 tCO₂e and total revenues of USD 4,736 millions. This translates into an emissions intensity of 5.28 tCO₂e per millions USD.a
In 2024, Nikon reported a Scope 1 emissions intensity of 5.28 tCO₂e per millions USD. Compared to the peer group median of 2.72, this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors.a
In 2024, Nikon ranked 18 out of 24 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD).a
Nikon is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency.a
In 2024, Nikon reported a total carbon footprint of 1,197,417 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 12.4% increase compared to 2023, suggesting a rise in emissions across its operations or value chain.a
The largest contributor to Nikon's total carbon footprint was Scope 3 emissions, accounting for 82.83% of the company's total carbon footprint, followed by Scope 2 emissions at 15.09%.a