In 2024, Nitto Denko 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).
Nitto Denko has also provided a category-level breakdown for 11 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 of Nitto Denko amounted to 690,000 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). a
Compared to 2023, the total operational greenhouse gas (GHG) emissions of Nitto Denko increased by 3.6%, suggesting that the company faced challenges in reducing its emissions from its core operations. a
In 2024, the total Scope 1 emissions of Nitto Denko were 291,000 metric tons of CO₂ equivalent (tCO₂e). a
Since 2018, Nitto Denko's Scope 1 emissions have decreased by 20.27%, reflecting a declining long-term trend in Scope 1 emissions over time. a b
Compared to the previous year (2023), Nitto Denko's Scope 1 emissions remained relatively stable, indicating that Nitto Denko's emissions have plateaued with no significant change in its operational footprint. a
In 2024, Nitto Denko reported Scope 2 greenhouse gas (GHG) emissions of 181,000 tCO₂e using the market-based method and 399,000 tCO₂e using the location-based method. a
Compared to the previous year (2023), Nitto Denko's Scope 2 emissions (Location-Based) have remained relatively stable, indicating that Nitto Denko 's emissions have plateaued with no significant change in its energy consumption footprint. a
In 2024, Nitto Denko reported its Scope 2 emissions using the market-based method and using the location-based method. a
In 2024, Nitto Denko reported 2,684,000 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 Nitto Denko includes a breakdown across 11 of 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, Nitto Denko reported total Scope 3 emissions of 2,684,000 metric tons of CO₂ equivalent (tCO₂e). a
Approximately 75.27% of these emissions originated from upstream activities such as purchased goods and capital goods, while 24.73% came from downstream activities like product use, distribution, and end-of-life treatment. a
Since 2018, Nitto Denko's Scope 3 emissions have increased by 320.69%, reflecting a rising long-term trend in Scope 3 emissions over time. a b
Compared to the previous year (2023), Nitto Denko's Scope 3 emissions remained relatively stable, indicating that Nitto Denko 's emissions have plateaued with no significant change in its value chain footprint. a
In 2024, Nitto Denko reported emissions for 11 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 Nitto Denko's Scope 3 emissions were: a
In 2024, Nitto Denko reported Scope 1 greenhouse gas (GHG) emissions of 291,000 tCO₂e and total revenues of USD 6,043 millions. This translates into an emissions intensity of 48.16 tCO₂e per millions USD. a
In 2024, Nitto Denko reported a Scope 1 emissions intensity of 48.16 tCO₂e 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, Nitto Denko ranked 9 out of 25 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD). a
Nitto Denko is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency. a
In 2024, Nitto Denko reported a total carbon footprint of 3,374,000 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 0.36% increase compared to 2023, suggesting a rise in emissions across its operations or value chain. a
The largest contributor to Nitto Denko's total carbon footprint was Scope 3 emissions, accounting for 79.55% of the company's total carbon footprint, followed by Scope 2 emissions at 11.83%. a