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Nitto Denko Corp

Common Name
Nitto Denko
Country
Japan
Sector
Basic Materials
Industry
Specialty Chemicals
Employees
25,300
Ticker
6988
Exchange
TOKYO STOCK EXCHANGE
Description
Nitto Denko Corporation is a multifaceted chemical manufacturing company based in Osaka, Japan. As a leader in the field of advanced materials, the company specializes in the production of a wide rang...

Nitto Denko's GHG Emissions Data Preview

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)2024202320222021 - 2017
Total Scope 1
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Total Scope 2
Market-Based
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0000000
Location-Based
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0000000
Total Scope 3
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a
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0000000
Total Scope 1 Revenue Intensity (tCO2e/$M)
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Verified Sources Behind Nitto Denko’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 Nitto Denko’s data sources below and access millions more through our Disclosure Search.

a. Nitto Denko's Sustainability Data Spreadsheet 2025
a. Nitto Denko's Sustainability Data Spreadsheet 2025
b. Nitto Denko's Financial & Extra-Financial Disclosure 2022
b. Nitto Denko's Financial & Extra-Financial Disclosure 2022

Insights into Nitto Denko's Operational Emissions

In 2024, the total operational greenhouse gas (GHG) emissions ofNitto Denko amounted to690,000metric 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 Denkoincreased by 3.6%, suggesting that the company faced challenges in reducing its emissions from its core operations.a

Nitto Denko's Scope 1 Emissions Over Time

201920202021202220232024090 k180 k270 k360 ktCO2e-3%-1%-9%-3%+1%
  • Total Scope 1
  • Year-over-Year Change

What are Nitto Denko's Scope 1 emissions?

In 2024, the total Scope 1 emissions of Nitto Denko were 291,000 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a

Has Nitto Denko reduced its Scope 1 emissions over time?

Since 2019, Nitto Denko's Scope 1 emissions have decreased by 15.16%, reflecting a declining long-term trend in Scope 1 emissions over time.ab

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

What are Nitto Denko's Scope 2 emissions?

In 2024, Nitto Denko reported Scope 2 greenhouse gas (GHG) emissions of 181,000 tCOâ‚‚e using the market-based method and 399,000 tCOâ‚‚e using the location-based method.a

Has Nitto Denko reduced its Scope 2 emissions over time?

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

What methodology does Nitto Denko use for Scope 2 reporting?

In 2024, Nitto Denko reported its Scope 2 emissions using the market-based method and using the location-based method.a

Nitto Denko's Scope 2 Emissions Over Time

2019202020212022202320240150 k300 k450 k600 ktCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based

Insights into Nitto Denko's Value Chain Emissions

In 2024, Nitto Denko reported 2,684,000 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.a

The 2024 disclosure of Nitto Denko includes a breakdown across 11of 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

Nitto Denko's Scope 3 Emissions Over Time

2019202020212022202320240700 k1.4 M2.1 M2.8 MtCO2e+26%+25%+185%+3%0%
  • Total Scope 3
  • Year-over-Year Change

What are Nitto Denko's Scope 3 emissions?

In 2024, Nitto Denko reported total Scope 3 emissions of 2,684,000 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).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

Has Nitto Denko reduced its Scope 3 emissions over time?

Since 2019, Nitto Denko's Scope 3 emissionshave increased by 361.17%, reflecting a rising long-term trend in Scope 3 emissions over time.ab

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

What categories of Scope 3 emissions does Nitto Denko disclose?

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.

What are the main sources of Nitto Denko's Scope 3 emissions?

In 2024, the largest contributors to Nitto Denko's Scope 3 emissions were:a

  • Purchased Goods and Services (Cat. 1): 1,409,000 tCOâ‚‚e(52.48%)
  • End-of-Life Treatment of Sold Products (Cat. 12): 581,000 tCOâ‚‚e(21.64%)
  • Capital Goods (Cat. 2): 245,000 tCOâ‚‚e(9.12%)

Nitto Denko's Scope 3 Emissions by Categories

Purchased Goods andServices (Cat. 1)(52.5%)End-of-LifeTreatment of SoldProducts (Cat. 12)(21.6%)Capital Goods(Cat. 2)(9.1%)

Insights into Nitto Denko’s GHG Emissions Intensity Compared to Industry Peers

In 2024, Nitto Denko reported Scope 1 greenhouse gas (GHG) emissions of 291,000 tCOâ‚‚e and total revenues of USD 6,043 millions. This translates into an emissions intensity of 48.16 tCOâ‚‚e per millions USD.a

Nitto Denko's Scope 1 Emissions Intensity Compared to Peers

5,00050,000200,0002,000,00020,000,000Scope 1 Emissions (tCO2e)2001,0005,00020,000100,000Revenues (Millions of USD)NDUBEYear: 2024Scope 1: 2,780,000 tCO2eRevenue: $M 3,092Scope 1 Intensity: 899.12 tCO2e/$MMitsui ChemicalsYear: 2024Scope 1: 3,531,000 tCO2eRevenue: $M 11,554Scope 1 Intensity: 305.61 tCO2e/$MKansai PaintYear: 2024Scope 1: 72,187 tCO2eRevenue: $M 3,713Scope 1 Intensity: 19.44 tCO2e/$MNNNOFYear: 2023Scope 1: 58,600 tCO2eRevenue: $M 1,634Scope 1 Intensity: 35.85 tCO2e/$MNippon Paint HoldingsYear: 2024Scope 1: 102,807 tCO2eRevenue: $M 10,438Scope 1 Intensity: 9.85 tCO2e/$MLintecYear: 2024Scope 1: 92,230 tCO2eRevenue: $M 1,825Scope 1 Intensity: 50.55 tCO2e/$MDOWA HoldingsYear: 2024Scope 1: 842,000 tCO2eRevenue: $M 4,736Scope 1 Intensity: 177.79 tCO2e/$MDICYear: 2024Scope 1: 282,856 tCO2eRevenue: $M 6,823Scope 1 Intensity: 41.46 tCO2e/$MAir WaterYear: 2025Scope 1: 369,000 tCO2eRevenue: $M 7,175Scope 1 Intensity: 51.43 tCO2e/$MKanekaYear: 2023Scope 1: 851,000 tCO2eRevenue: $M 5,674Scope 1 Intensity: 149.97 tCO2e/$MMitsubishi Chemical GroupYear: 2024Scope 1: 6,277,000 tCO2eRevenue: $M 28,970Scope 1 Intensity: 216.67 tCO2e/$MMitsubishi Gas ChemicalYear: 2024Scope 1: 619,000 tCO2eRevenue: $M 5,371Scope 1 Intensity: 115.24 tCO2e/$MNagase & CoYear: 2024Scope 1: 39,383 tCO2eRevenue: $M 5,944Scope 1 Intensity: 6.63 tCO2e/$MDenkaYear: 2024Scope 1: 1,374,000 tCO2eRevenue: $M 2,570Scope 1 Intensity: 534.54 tCO2e/$MTakasago InternationalYear: 2024Scope 1: 30,887 tCO2eRevenue: $M 1,294Scope 1 Intensity: 23.87 tCO2e/$MDDDaio PaperYear: 2024Scope 1: 3,227,000 tCO2eRevenue: $M 4,435Scope 1 Intensity: 727.57 tCO2e/$MZeonYear: 2024Scope 1: 788,270 tCO2eRevenue: $M 2,524Scope 1 Intensity: 312.27 tCO2e/$MDaido SteelYear: 2024Scope 1: 384,295 tCO2eRevenue: $M 3,820Scope 1 Intensity: 100.59 tCO2e/$MTokuyamaYear: 2024Scope 1: 5,743,000 tCO2eRevenue: $M 2,258Scope 1 Intensity: 2,543.12 tCO2e/$MResonac HoldingsYear: 2024Scope 1: 3,300,000 tCO2eRevenue: $M 8,863Scope 1 Intensity: 372.33 tCO2e/$MTokai CarbonYear: 2024Scope 1: 1,745,000 tCO2eRevenue: $M 2,230Scope 1 Intensity: 782.48 tCO2e/$MSumitomo BakeliteYear: 2024Scope 1: 79,067 tCO2eRevenue: $M 1,897Scope 1 Intensity: 41.68 tCO2e/$MToyoboYear: 2025Scope 1: 592,000 tCO2eRevenue: $M 2,814Scope 1 Intensity: 210.36 tCO2e/$MSumitomo Metal MiningYear: 2024Scope 1: 1,724,000 tCO2eRevenue: $M 9,544Scope 1 Intensity: 180.63 tCO2e/$MDaicelYear: 2024Scope 1: 1,640,000 tCO2eRevenue: $M 3,685Scope 1 Intensity: 445.05 tCO2e/$MNitto DenkoYear: 2024Scope 1: 291,000 tCO2eRevenue: $M 6,043Scope 1 Intensity: 48.16 tCO2e/$M

How does Nitto Denko's GHG emissions intensity compare to its peers?

In 2024, Nitto Denko reported a Scope 1 emissions intensity of 48.16 tCOâ‚‚e per millions USD. Compared to the peer group median of 177.79, this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors.a

Where does Nitto Denko rank on GHG emissions intensity within its industry?

In 2024, Nitto Denko ranked 8 out of 25 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCOâ‚‚e 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

Insights into Nitto Denko's Total Carbon Footprint

In 2024, Nitto Denko reported a total carbon footprint of 3,374,000 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) 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

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