Nippon Paint Holdings Co Ltd

Common Name
Nippon Paint Holdings
Country
Japan
Sector
Basic Materials
Industry
Specialty Chemicals
Employees
38,562
Ticker
4612
Exchange
TOKYO STOCK EXCHANGE
Description
Nippon Paint Holdings Co., Ltd. is a leading manufacturer in the paint and coatings industry with a global footprint. Renowned for its extensive range of decorative paints, automotive coatings, and in...

Nippon Paint Holdings's Climate Target Data Preview

As of 2024, Nippon Paint Holdings has disclosed 3 climate targets aimed at reducing its greenhouse gas (GHG) emissions. These include 2 absolute reduction targets and 1 intensity-based target target, signaling the company’s commitment to managing and lowering its carbon footprint over time. The targets span various emissions scopes and time horizons, offering insight into Nippon Paint Holdings ’s climate strategy, ambition level, and alignment with global decarbonization goals.

Target TypeScope of TargetUnitTargetTarget Year
Absolute-based Target*
Scope 1 - Total, Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
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2030
Absolute-based Target*
Scope 1 - Total, Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
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2030
Intensity-based Target*
Scope 1 - Total, Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e) per Metric Tonne (mt) of Unspecified Product Produced/Manufactured
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2025
* This target is limited in scope and does not represent the company's full operational or organizational boundaries

This table provides a simplified preview of selected climate targets data points. To access the complete dataset with full disclosures, detailed breakdowns, and source traceability, create a free account to view purchase options.

Insights into Nippon Paint Holdings's Greenhouse Gas Emissions Pathways

As of 2024, Nippon Paint Holdings has set greenhouse gas (GHG) emissions reduction targets that cover its operational emissions (Scope 1 and 2), but not its value chain emissions (Scope 3). This means its reduction efforts currently focus on direct and purchased energy emissions.

Does Nippon Paint Holdings have a target to reduce the emissions from its operations?

As of 2024, Nippon Paint Holdings has set a target to reduce its operational greenhouse gas (GHG) emissions, specifically those from Scope 1 and Scope 2 sources.

Nippon Paint Holdings's most ambitious operational target is to reduce these emissions by 50% by 2030, compared to a baseline of 32,063 Metric Tonnes of CO2 equivalent (mtCO2e) in 2020.

Instead of reducing operational emissions, Nippon Paint Holdings has increased them, with 2023 levels exceeding those of the 2020 baseline, placing the company well behind its reduction target.

Nippon Paint Holdings's Operational (Scope 1+2) Emissions Pathway

202020232030015 k30 k45 k60 kBaselineCurrent (+48%)Target 2030 (-50%)
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