In 2024, Okabe completed a corporate carbon footprint assessment and publicly disclosed its greenhouse gas (GHG) emissions according to the GHG Protocol, covering Scope 3 (indirect emissions across the value chain).
Okabe 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 | N/A | 2,769b | 2,698b | |
Total Scope 2 | ||||
Market-Based | N/A | 5,484b | 5,289b | |
Location-Based | N/A | 5,556b | 5,026b | |
Total Scope 3 | 338,545a | 362,420a | 408,655a | |
Total Scope 1 Revenue Intensity (tCO2e/$M) | N/A | 5.011b | 4.6661b |
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No operational GHG emissions data disclosed for Okabe in 2024.
Compared to 2023, the total operational greenhouse gas (GHG) emissions of Okabe decreased by 100%, showing that the company has made progress in taking action to reduce the climate impact of its operations.b
In 2024, Okabe reported 338,545 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 Okabe 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, Okabe reported total Scope 3 emissions of 338,545 metric tons of CO₂ equivalent (tCO₂e).a
Approximately 94.7% of these emissions originated from upstream activities such as purchased goods and capital goods, while 5.3% came from downstream activities like product use, distribution, and end-of-life treatment.a
Since 2022, Okabe's Scope 3 emissions have decreased by 17.16%, reflecting a declining long-term trend in Scope 3 emissions over time.a
Compared to the previous year (2023), Okabe's Scope 3 emissions remained relatively stable, indicating that Okabe's emissions have plateaued with no significant change in its value chain footprint.a
In 2024, Okabe 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 Okabe's Scope 3 emissions were:a
In 2023, Okabe reported Scope 1 greenhouse gas (GHG) emissions of 2,769 tCO₂e and total revenues of USD 553 millions. This translates into an emissions intensity of 5.01 tCO₂e per millions USD.b
In 2023, Okabe reported a Scope 1 emissions intensity of 5.01 tCO₂e per millions USD. Compared to the peer group median of 14.26, this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors.b
In 2023, Okabe ranked 6 out of 24 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD).b
Okabe is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency.b