In 2024, Nitori 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).
Nitori 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) | 2024 | 2023 | 2022 | 2021-2019 |
|---|---|---|---|---|
Total Scope 1 | 27,194a | 26,950a | 31,997a | |
Total Scope 2 | ||||
Unspecified Calculation Method | 150,244a | 175,273a | 194,085a | |
Total Scope 3 | 5,398,101a | N/A | N/A | |
Total Scope 1 Revenue Intensity (tCO2e/$M) | 136.4249a | N/A | 4.557a |
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In 2024, the total operational greenhouse gas (GHG) emissions of Nitori Holdings amounted to 177,438 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 Nitori Holdings decreased by 12.26%, 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 Nitori Holdings were 27,194 metric tons of CO₂ equivalent (tCO₂e).a
Since 2019, Nitori Holdings's Scope 1 emissions have decreased by 28.76%, reflecting a declining long-term trend in Scope 1 emissions over time.ab
Compared to the previous year (2023), Nitori Holdings's Scope 1 emissions remained relatively stable, indicating that Nitori Holdings's emissions have plateaued with no significant change in its operational footprint.a
In 2024, Nitori Holdings reported Scope 2 greenhouse gas (GHG) emissions of 150,244 tCO₂e without specifying the calculation method.a
Since 2019, Nitori Holdings's Scope 2 greenhouse gas (GHG) emissions (Unspecified Calculation Method) have decreased by 20.21%, reflecting a declining long-term trend in Scope 2 emissions over time.ab
Compared to the previous year (2023), Nitori Holdings's Scope 2 emissions (Unspecified Calculation Method) fell by 14.28% in 2024, showing that the company has made progress in taking action to reduce the climate impact of its energy consumption.a
In 2024, Nitori Holdings reported its Scope 2 emissions using an unspecified methodology.a
In 2024, Nitori Holdings reported 5,398,101 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 Nitori Holdings includes a breakdown across 10 of the 15 Scope 3 categories defined by the GHG Protocol, up from 0 in 2023, reflecting improved emissions accounting practices and greater transparency across the company's value chaina
In 2024, Nitori Holdings reported total Scope 3 emissions of 5,398,101 metric tons of CO₂ equivalent (tCO₂e).a
Approximately 77.82% of these emissions originated from upstream activities such as purchased goods and capital goods, while 22.18% came from downstream activities like product use, distribution, and end-of-life treatment.a
In 2024, Nitori Holdings reported emissions for 10 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 Nitori Holdings's Scope 3 emissions were:a
In 2024, Nitori Holdings reported Scope 1 greenhouse gas (GHG) emissions of 27,194 tCO₂e and total revenues of USD 199 millions. This translates into an emissions intensity of 136.42 tCO₂e per millions USD.a
In 2024, Nitori Holdings reported a Scope 1 emissions intensity of 136.42 tCO₂e per millions USD. Compared to the peer group median of 9.42, this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors.a
In 2024, Nitori Holdings ranked 24 out of 24 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD).a
This places Nitori Holdings among the least efficient performers, with one of the highest emissions intensities in its sector.a
In 2024, Nitori Holdings reported a total carbon footprint of 5,575,539 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 2,657.12% increase compared to 2023, suggesting a rise in emissions across its operations or value chain.a
The largest contributor to Nitori Holdings's total carbon footprint was Scope 3 emissions, accounting for 96.82% of the company's total carbon footprint, followed by Scope 2 emissions at 2.69%.a