In 2024, Odakyu Electric Railway 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).
Odakyu Electric Railway has also provided a category-level breakdown for 12 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 Odakyu Electric Railway amounted to 310,380 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 Odakyu Electric Railway decreased by 5.63%, 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 Odakyu Electric Railway were 73,283 metric tons of CO₂ equivalent (tCO₂e). a
Since 2020, Odakyu Electric Railway's Scope 1 emissions have decreased by 8.4%, reflecting a declining long-term trend in Scope 1 emissions over time. a b
Compared to the previous year (2023), Odakyu Electric Railway's Scope 1 emissions remained relatively stable, indicating that Odakyu Electric Railway's emissions have plateaued with no significant change in its operational footprint. a
In 2024, Odakyu Electric Railway reported Scope 2 greenhouse gas (GHG) emissions of 93,657 tCO₂e using the market-based method and 237,097 tCO₂e using the location-based method. a
Compared to the previous year (2023), Odakyu Electric Railway's Scope 2 emissions (Location-Based) have remained relatively stable, indicating that Odakyu Electric Railway 's emissions have plateaued with no significant change in its energy consumption footprint. a
In 2024, Odakyu Electric Railway reported its Scope 2 emissions using the market-based method and using the location-based method. a
In 2024, Odakyu Electric Railway reported 748,177 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 Odakyu Electric Railway includes a breakdown across 12 of the 15 Scope 3 categories defined by the GHG Protocol, up from 7 in 2023, reflecting improved emissions accounting practices and greater transparency across the company's value chain a
In 2024, Odakyu Electric Railway reported total Scope 3 emissions of 748,177 metric tons of CO₂ equivalent (tCO₂e). a
Approximately 78.77% of these emissions originated from upstream activities such as purchased goods and capital goods, while 21.23% came from downstream activities like product use, distribution, and end-of-life treatment. a
Compared to the previous year (2023), Odakyu Electric Railway's Scope 3 emissions increased by 193.97%, suggesting that the company faced challenges in reducing emissions across its value chain. a
In 2024, Odakyu Electric Railway reported emissions for 12 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 Odakyu Electric Railway's Scope 3 emissions were: a
In 2024, Odakyu Electric Railway reported Scope 1 greenhouse gas (GHG) emissions of 73,283 tCO₂e and total revenues of USD 2,706 millions. This translates into an emissions intensity of 27.08 tCO₂e per millions USD. a
In 2024, Odakyu Electric Railway reported a Scope 1 emissions intensity of 27.08 tCO₂e per millions USD. Compared to the peer group median of 9.14 , this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors. a
In 2024, Odakyu Electric Railway ranked 18 out of 25 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD). a
Odakyu Electric Railway is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency. a
In 2024, Odakyu Electric Railway reported a total carbon footprint of 1,058,557 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 81.44% increase compared to 2023, suggesting a rise in emissions across its operations or value chain. a
The largest contributor to Odakyu Electric Railway's total carbon footprint was Scope 3 emissions, accounting for 70.68% of the company's total carbon footprint, followed by Scope 2 emissions at 22.4%. a