Odakyu Electric Railway Co Ltd

Common Name
Odakyu Electric Railway
Country
Japan
Sector
Industrials
Industry
Railroads
Employees
11,517
Ticker
9007
Exchange
TOKYO STOCK EXCHANGE
Description
Odakyu Electric Railway Co., Ltd. is a prominent company in Japan specializing in the transportation sector, primarily focused on rail services. The company operates a comprehensive network of railway...

Odakyu Electric Railway's GHG Emissions Data Preview

In 2023, 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 8 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.

Metric (tCO2e)2023202220212020 - 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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Total Scope 1 Revenue Intensity (tCO2e/$M)
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Verified Sources Behind Odakyu Electric Railway’s Greenhouse Gas (GHG) Emissions Data

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a. Odakyu Electric Railway's ESG Data Spreadsheet 2023
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Insights into Odakyu Electric Railway's Operational Emissions

In 2023, the total operational greenhouse gas (GHG) emissions of Odakyu Electric Railway amounted to 340,000 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

0

Odakyu Electric Railway's Scope 1 Emissions Over Time

2020202120222023020 k40 k60 k80 ktCO2e0%0%0%
  • Total Scope 1
  • Year-over-Year Change

What are Odakyu Electric Railway's Scope 1 emissions?

In 2023, the total Scope 1 emissions of Odakyu Electric Railway were 80,000 metric tons of CO₂ equivalent (tCO₂e). a

Has Odakyu Electric Railway reduced its Scope 1 emissions over time?

Since 2020, Odakyu Electric Railway's Scope 1 emissions have remained relatively, stable, indicating that Odakyu Electric Railway's emissions have plateaued with no significant change in its operational footprint. a

Compared to the previous year (2022), 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

What are Odakyu Electric Railway's Scope 2 emissions?

In 2023, Odakyu Electric Railway reported Scope 2 greenhouse gas (GHG) emissions of 230,000 tCO₂e using the market-based method and 260,000 tCO₂e using the location-based method. a

Has Odakyu Electric Railway reduced its Scope 2 emissions over time?

Compared to the previous year (2022), 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

What methodology does Odakyu Electric Railway use for Scope 2 reporting?

In 2023, Odakyu Electric Railway reported its Scope 2 emissions using the market-based method and using the location-based method. a

Odakyu Electric Railway's Scope 2 Emissions Over Time

2020202120222023075 k150 k225 k300 ktCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based

Insights into Odakyu Electric Railway's Value Chain Emissions

In 2023, Odakyu Electric Railway reported 254,511 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 2023 disclosure of Odakyu Electric Railway includes a breakdown across 8 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. a

Odakyu Electric Railway's Scope 3 Emissions Over Time

20222023065 k130 k195 k260 ktCO2e+5%
  • Total Scope 3
  • Year-over-Year Change

What are Odakyu Electric Railway's Scope 3 emissions?

In 2023, Odakyu Electric Railway reported total Scope 3 emissions of 254,511 metric tons of CO₂ equivalent (tCO₂e). a

Approximately 81.53% of these emissions originated from upstream activities such as purchased goods and capital goods, while 18.47% came from downstream activities like product use, distribution, and end-of-life treatment. a

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

What categories of Scope 3 emissions does Odakyu Electric Railway disclose?

In 2023, Odakyu Electric Railway reported emissions for 8 out of the 15 Scope 3 categories defined by the GHG Protocol. a

This partial disclosure allows for some insight into the company's indirect impacts.

What are the main sources of Odakyu Electric Railway's Scope 3 emissions?

In 2023, the largest contributors to Odakyu Electric Railway's Scope 3 emissions were: a

  • Capital Goods (Cat. 2): 100,275 tCO₂e (39.4%)
  • Purchased Goods and Services (Cat. 1): 66,842 tCO₂e (26.26%)
  • Downstream Leased Assets (Cat. 13): 46,997 tCO₂e (18.47%)

Odakyu Electric Railway's Scope 3 Emissions by Categories

Downstream LeasedAssets (Cat. 13)(18.5%)Purchased Goods andServices (Cat. 1)(26.3%)Capital Goods(Cat. 2)(39.4%)

Insights into Odakyu Electric Railway's Total Carbon Footprint

In 2023, Odakyu Electric Railway reported a total carbon footprint of 594,511 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 2.2% increase compared to 2022, 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 2 emissions, accounting for 43.73% of the company's total carbon footprint, followed by Scope 3 emissions at 42.81%. a

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