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 GHG Emissions Data Preview

In 2023, 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)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 Nippon Paint Holdings’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 Nippon Paint Holdings’s data sources below and access millions more through our Disclosure Search.

a. Nippon Paint Holdings's ESG Data Spreadsheet 2024
a. Nippon Paint Holdings's ESG Data Spreadsheet 2024
b. Nippon Paint Holdings's Integrated Report 2023
b. Nippon Paint Holdings's Integrated Report 2023

Insights into Nippon Paint Holdings's Operational Emissions

In 2023, the total operational greenhouse gas (GHG) emissions of Nippon Paint Holdings amounted to 287,574 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 Nippon Paint Holdings decreased by 13.9%, showing that the company has made progress in taking action to reduce the climate impact of its operations. a

Nippon Paint Holdings's Scope 1 Emissions Over Time

20192020202120222023025 k50 k75 k100 ktCO2e+9%+49%+9%+2%
  • Total Scope 1
  • Year-over-Year Change

What are Nippon Paint Holdings's Scope 1 emissions?

In 2023, the total Scope 1 emissions of Nippon Paint Holdings were 83,887 metric tons of CO₂ equivalent (tCO₂e). a

Has Nippon Paint Holdings reduced its Scope 1 emissions over time?

Since 2019, Nippon Paint Holdings's Scope 1 emissions have increased by 79.77%, reflecting a rising long-term trend in Scope 1 emissions over time. a

Compared to the previous year (2022), Nippon Paint Holdings's Scope 1 emissions increased by 1.7%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations. a

What are Nippon Paint Holdings's Scope 2 emissions?

In 2023, Nippon Paint Holdings reported Scope 2 greenhouse gas (GHG) emissions of 203,687 tCO₂e without specifying the calculation method. a

Has Nippon Paint Holdings reduced its Scope 2 emissions over time?

Since 2019, Nippon Paint Holdings's Scope 2 greenhouse gas (GHG) emissions ( Unspecified Calculation Method) have remained relatively stable, indicating that Nippon Paint Holdings 's emissions have plateaued with no significant change in its energy consumption footprint. a

Compared to the previous year (2022), Nippon Paint Holdings's Scope 2 emissions (Unspecified Calculation Method) fell by 19.02% in 2023, showing that the company has made progress in taking action to reduce the climate impact of its energy consumption. a

What methodology does Nippon Paint Holdings use for Scope 2 reporting?

In 2023, Nippon Paint Holdings reported its Scope 2 emissions using an unspecified methodology. a

Nippon Paint Holdings's Scope 2 Emissions Over Time

20192020202120222023065 k130 k195 k260 ktCO2e
  • Total Scope 2 (Unspecified Calculation Method)

Insights into Nippon Paint Holdings's Value Chain Emissions

In 2023, Nippon Paint Holdings reported 8,357,481 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 2023 disclosure of Nippon Paint Holdings includes a breakdown across 15 of the 15 Scope 3 categories defined by the GHG Protocol, matching the level of disclosure in 2022, demonstrating consistent Scope 3 emissions reporting coverage year over year. a

Nippon Paint Holdings's Scope 3 Emissions Over Time

2019202020212022202302.5 M5 M7.5 M10 MtCO2e-4%+784%-4%+3%
  • Total Scope 3
  • Year-over-Year Change

What are Nippon Paint Holdings's Scope 3 emissions?

In 2023, Nippon Paint Holdings reported total Scope 3 emissions of 8,357,481 metric tons of CO₂ equivalent (tCO₂e). a

Approximately 86.83% of these emissions originated from upstream activities such as purchased goods and capital goods, while 13.17% came from downstream activities like product use, distribution, and end-of-life treatment. a

Has Nippon Paint Holdings reduced its Scope 3 emissions over time?

Since 2019, Nippon Paint Holdings's Scope 3 emissions have increased by 735.75%, reflecting a rising long-term trend in Scope 3 emissions over time. a b

Compared to the previous year (2022), Nippon Paint Holdings's Scope 3 emissions remained relatively stable, indicating that Nippon Paint Holdings 's emissions have plateaued with no significant change in its value chain footprint. a

What categories of Scope 3 emissions does Nippon Paint Holdings disclose?

In 2023, 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.

What are the main sources of Nippon Paint Holdings's Scope 3 emissions?

In 2023, the largest contributors to Nippon Paint Holdings's Scope 3 emissions were: a

  • Purchased Goods and Services (Cat. 1): 6,506,315 tCO₂e (77.85%)
  • End-of-Life Treatment of Sold Products (Cat. 12): 1,017,424 tCO₂e (12.17%)
  • Downstream Transportation and Distribution (Cat. 9): 337,426 tCO₂e (4.04%)

Nippon Paint Holdings's Scope 3 Emissions by Categories

DownstreamTransportation andDistribution(Cat. 9)(4.0%)Purchased Goods andServices (Cat. 1)(77.9%)End-of-LifeTreatment of SoldProducts (Cat. 12)(12.2%)

Insights into Nippon Paint Holdings’s GHG Emissions Intensity Compared to Industry Peers

In 2023, Nippon Paint Holdings reported Scope 1 greenhouse gas (GHG) emissions of 83,887 tCO₂e and total revenues of USD 10,200 millions. This translates into an emissions intensity of 8.22 tCO₂e per millions USD. a

Nippon Paint Holdings's Scope 1 Emissions Intensity Compared to Peers

1,00020,000500,00010,000,000200,000,000Scope 1 Emissions (tCO2e)2001,0005,00020,000100,000Revenues (Millions of USD)NDUBEYear: 2023Scope 1: 3,360,000 tCO2eRevenue: $M 3,714Scope 1 Intensity: 904.63 tCO2e/$MMitsui ChemicalsYear: 2023Scope 1: 3,675,000 tCO2eRevenue: $M 14,111Scope 1 Intensity: 260.44 tCO2e/$MTaiheiyo CementYear: 2023Scope 1: 20,065,000 tCO2eRevenue: $M 6,078Scope 1 Intensity: 3,301.47 tCO2e/$MKansai PaintYear: 2023Scope 1: 75,009 tCO2eRevenue: $M 3,822Scope 1 Intensity: 19.63 tCO2e/$MTosohYear: 2023Scope 1: 7,645 tCO2eRevenue: $M 7,991Scope 1 Intensity: 0.96 tCO2e/$MNNNOFYear: 2023Scope 1: 58,600 tCO2eRevenue: $M 1,634Scope 1 Intensity: 35.85 tCO2e/$MLintecYear: 2023Scope 1: 91,490 tCO2eRevenue: $M 2,137Scope 1 Intensity: 42.82 tCO2e/$MDICYear: 2024Scope 1: 282,856 tCO2eRevenue: $M 6,823Scope 1 Intensity: 41.46 tCO2e/$MAir WaterYear: 2023Scope 1: 573,000 tCO2eRevenue: $M 7,544Scope 1 Intensity: 75.95 tCO2e/$MKanekaYear: 2022Scope 1: 624,100 tCO2eRevenue: $M 5,667Scope 1 Intensity: 110.12 tCO2e/$MMitsubishi Chemical GroupYear: 2023Scope 1: 6,727,000 tCO2eRevenue: $M 34,794Scope 1 Intensity: 193.34 tCO2e/$MOji HoldingsYear: 2024Scope 1: 5,791,000 tCO2eRevenue: $M 11,201Scope 1 Intensity: 517.01 tCO2e/$MMitsubishi MaterialsYear: 2024Scope 1: 962,000 tCO2eRevenue: $M 10,173Scope 1 Intensity: 94.56 tCO2e/$MMitsubishi Gas ChemicalYear: 2023Scope 1: 715,000 tCO2eRevenue: $M 5,865Scope 1 Intensity: 121.91 tCO2e/$MNagase & CoYear: 2022Scope 1: 31,099 tCO2eRevenue: $M 6,397Scope 1 Intensity: 4.86 tCO2e/$MTakasago InternationalYear: 2023Scope 1: 28,866 tCO2eRevenue: $M 1,402Scope 1 Intensity: 20.58 tCO2e/$MDDDaio PaperYear: 2023Scope 1: 3,153,000 tCO2eRevenue: $M 4,851Scope 1 Intensity: 649.91 tCO2e/$MShin-Etsu ChemicalYear: 2024Scope 1: 2,326,000 tCO2eRevenue: $M 15,946Scope 1 Intensity: 145.86 tCO2e/$MDaido SteelYear: 2022Scope 1: 367,000 tCO2eRevenue: $M 4,341Scope 1 Intensity: 84.55 tCO2e/$MKobe SteelYear: 2024Scope 1: 14,200,000 tCO2eRevenue: $M 16,793Scope 1 Intensity: 845.59 tCO2e/$MNitto DenkoYear: 2024Scope 1: 291,000 tCO2eRevenue: $M 6,043Scope 1 Intensity: 48.16 tCO2e/$MKurarayYear: 2023Scope 1: 1,748,000 tCO2eRevenue: $M 5,522Scope 1 Intensity: 316.57 tCO2e/$MTokai CarbonYear: 2023Scope 1: 1,900,000 tCO2eRevenue: $M 2,573Scope 1 Intensity: 738.34 tCO2e/$MJFE HoldingsYear: 2024Scope 1: 44,000,000 tCO2eRevenue: $M 34,170Scope 1 Intensity: 1,287.70 tCO2e/$MSumitomo BakeliteYear: 2023Scope 1: 79,554 tCO2eRevenue: $M 2,139Scope 1 Intensity: 37.19 tCO2e/$MNippon Paint HoldingsYear: 2023Scope 1: 83,887 tCO2eRevenue: $M 10,200Scope 1 Intensity: 8.22 tCO2e/$M

How does Nippon Paint Holdings's GHG emissions intensity compare to its peers?

In 2023, Nippon Paint Holdings reported a Scope 1 emissions intensity of 8.22 tCO₂e per millions USD. Compared to the peer group median of 110.12 , this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors. a

Where does Nippon Paint Holdings rank on GHG emissions intensity within its industry?

In 2023, Nippon Paint Holdings ranked 3 out of 25 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD). a

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

Insights into Nippon Paint Holdings's Total Carbon Footprint

In 2023, Nippon Paint Holdings reported a total carbon footprint of 8,645,055 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 2.45% increase compared to 2022, 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 96.67% of the company's total carbon footprint, followed by Scope 2 emissions at 2.36%. a

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