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In 2024, Nippon Paint Holdings 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).
Nippon Paint Holdings has also provided a category-level breakdown for 15 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 |
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 ofNippon Paint Holdings amounted to315,701metric 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 Nippon Paint Holdingsincreased by 7.37%, suggesting that the company faced challenges in reducing its emissions from its core operations.a
In 2024, the total Scope 1 emissions of Nippon Paint Holdings were 102,807 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a
Since 2019, Nippon Paint Holdings's Scope 1 emissions have increased by 120.32%, reflecting a rising long-term trend in Scope 1 emissions over time.a
Compared to the previous year(2023), Nippon Paint Holdings's Scope 1 emissions increased by 17.31%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations.a
In 2024, Nippon Paint Holdings reported Scope 2 greenhouse gas (GHG) emissions of 215,756 tCOâ‚‚e using the market-based method and 212,894 tCOâ‚‚e using the location-based method.a
Since 2019, Nippon Paint Holdings's Scope 2 greenhouse gas (GHG) emissions (Location-Based)have increased by 10.28%, reflecting a rising long-term trend in Scope 2 emissions over time.a
Compared to the previous year(2023), Nippon Paint Holdings's Scope 2 emissions(Location-Based) have remained relatively stable, indicating that Nippon Paint Holdings's emissions have plateaued with no significant change in its energy consumption footprint.a
In 2024, Nippon Paint Holdings reported its Scope 2 emissions using the market-based method and using the location-based method.a
In 2024, Nippon Paint Holdings reported 10,229,971 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 Nippon Paint Holdings includes a breakdown across 15of 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, Nippon Paint Holdings reported total Scope 3 emissions of 10,229,971 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a
Approximately 87.3%of these emissions originated from upstream activities such as purchased goods and capital goods, while 12.7%came from downstream activities like product use, distribution, and end-of-life treatment.a
Since 2019, Nippon Paint Holdings's Scope 3 emissionshave increased by 923%, reflecting a rising long-term trend in Scope 3 emissions over time.ab
Compared to the previous year (2023), Nippon Paint Holdings's Scope 3 emissions increased by 10.17%, suggesting that the company faced challenges in reducing emissions across its value chain.a
In 2024, Nippon Paint Holdings reported emissions for 15 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.
In 2024, the largest contributors to Nippon Paint Holdings's Scope 3 emissions were:a
In 2024, Nippon Paint Holdings reported Scope 1 greenhouse gas (GHG) emissions of 102,807 tCOâ‚‚e and total revenues of USD 10,438 millions. This translates into an emissions intensity of 9.85 tCOâ‚‚e per millions USD.a
In 2024, Nippon Paint Holdings reported a Scope 1 emissions intensity of 9.85 tCOâ‚‚e per millions USD. Compared to the peer group median of 145.86, this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors.a
In 2024, Nippon Paint Holdings ranked 2 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 Nippon Paint Holdings among the top performers, with one of the lowest emissions intensities relative to peers.a
In 2024, Nippon Paint Holdings reported a total carbon footprint of 10,545,672 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 10.08% increase compared to 2023, suggesting a rise in emissions across its operations or value chain.a
The largest contributor to Nippon Paint Holdings's total carbon footprint was Scope 3 emissions, accounting for 97.01% of the company's total carbon footprint, followed by Scope 2 emissions at 2.02%.a