Nissin Foods Holdings Co Ltd

Common Name
Nissin Foods Holdings
Country
Japan
Sector
Consumer Defensive
Industry
Packaged Foods
Employees
17,512
Ticker
2897
Exchange
TOKYO STOCK EXCHANGE
Description
Nissin Foods Holdings Co., Ltd. is a distinguished Japanese company known for its pioneering efforts in the development and distribution of instant noodles and other convenience foods. Established in ...

Nissin Foods Holdings's GHG Emissions Data Preview

In 2023, Nissin Foods 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).

Nissin Foods Holdings has also provided a category-level breakdown for 10 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.

Metric (tCO2e)2024202320222021 - 2017
Total Scope 1
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Total Scope 2
Market-Based
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Location-Based
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Total Scope 3
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This table provides a simplified preview of selected GHG emissions 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 Nissin Foods Holdings's Operational Emissions

In 2023, the total operational greenhouse gas (GHG) emissions of Nissin Foods Holdings amounted to 485,000 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).

Compared to 2022, the total operational greenhouse gas (GHG) emissions of Nissin Foods Holdings decreased by 0.82%, showing that the company has made progress in taking action to reduce the climate impact of its operations.

Nissin Foods Holdings's Scope 1 Emissions Over Time

201820192020202120222023075 k150 k225 k300 ktCO2e+20%+3%+1%-3%
  • Total Scope 1
  • Year-over-Year Change

What are Nissin Foods Holdings's Scope 1 emissions?

In 2023, the total Scope 1 emissions of Nissin Foods Holdings were 287,000 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Compared to the previous year (2022), Nissin Foods Holdings's Scope 1 emissions decreased by 3.04%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.

What are Nissin Foods Holdings's Scope 2 emissions?

In 2023, Nissin Foods Holdings reported Scope 2 greenhouse gas (GHG) emissions of 101,000 tCOâ‚‚e using the market-based method, and 198,000 tCOâ‚‚e using the location-based method.

Has Nissin Foods Holdings reduced its Scope 2 emissions over time?

Since 2018, Nissin Foods Holdings's Scope 2 greenhouse gas (GHG) emissions (Location-Based) have remained relatively stable, indicating that Nissin Foods Holdings 's emissions have plateaued with no significant change in its energy consumption footprint.

Compared to the previous year (2022), Nissin Foods Holdings's Scope 2 emissions (Location-Based) have remained relatively stable, indicating that Nissin Foods Holdings 's emissions have plateaued with no significant change in its energy consumption footprint.

What methodology does Nissin Foods Holdings use for Scope 2 reporting?

In 2023, Nissin Foods Holdings reported its Scope 2 emissions using the market-based method and using the location-based method.

Nissin Foods Holdings's Scope 2 Emissions Over Time

201820192020202120222023050 k100 k150 k200 ktCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based

Insights into Nissin Foods Holdings's Value Chain Emissions

In 2023, Nissin Foods Holdings reported 3,915,000 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.

The 2023 disclosure of Nissin Foods Holdings includes a breakdown across 10 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.

Nissin Foods Holdings's Scope 3 Emissions Over Time

2019202020212022202301 M2 M3 M4 MtCO2e+9%-5%-1%+5%
  • Total Scope 3
  • Year-over-Year Change

What are Nissin Foods Holdings's Scope 3 emissions?

In 2023, Nissin Foods Holdings reported total Scope 3 emissions of 3,915,000 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Approximately 88.78% of these emissions originated from upstream activities such as purchased goods and capital goods, while 11.22% came from downstream activities like product use, distribution, and end-of-life treatment.

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

What categories of Scope 3 emissions does Nissin Foods Holdings disclose?

In 2023, Nissin Foods Holdings reported emissions for 10 out of the 15 Scope 3 categories defined by the GHG Protocol.

This reflects a high level of granularity and transparency in the company's emissions reporting.

What are the main sources of Nissin Foods Holdings's Scope 3 emissions?

In 2023, the largest contributors to Nissin Foods Holdings's Scope 3 emissions were:

  • Purchased Goods and Services (Cat. 1): 2,565,000 tCOâ‚‚e (65.55%)
  • Upstream Transportation and Distribution (Cat. 4): 413,000 tCOâ‚‚e (10.55%)
  • Use of Sold Products (Cat. 11): 313,000 tCOâ‚‚e (8%)

Nissin Foods Holdings's Scope 3 Emissions by Categories

UpstreamTransportation andDistribution(Cat. 4)(10.6%)Use of Sold Products(Cat. 11)(8.0%)Purchased Goods andServices (Cat. 1)(65.6%)

Insights into Nissin Foods Holdings's Total Carbon Footprint

In 2023, Nissin Foods Holdings reported a total carbon footprint of 4,400,000 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 3.92% increase compared to 2022, suggesting a rise in emissions across its operations or value chain.

The largest contributor to Nissin Foods Holdings's total carbon footprint was Scope 3 emissions, accounting for 88.98% of the company's total carbon footprint, followed by Scope 1 emissions at 6.52%.

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