In 2024, Oriental Land Co 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).
Oriental Land Co 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 | 63,988a | 71,424a | 74,866a | |
Total Scope 2 | ||||
Market-Based | 89,415a | 91,201a | 98,761a | |
Location-Based | N/A | N/A | N/A | |
Total Scope 3 | 2,533,343a | 810,893a | 792,234a | |
Total Scope 1 Revenue Intensity (tCO2e/$M) | 15.6677a | 19.6922a | 33.1313a |
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In 2024, the total operational greenhouse gas (GHG) emissions of Oriental Land Co amounted to 153,403 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 Oriental Land Co decreased by 5.67%, 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 Oriental Land Co were 63,988 metric tons of CO₂ equivalent (tCO₂e).a
Compared to the previous year (2023), Oriental Land Co's Scope 1 emissions decreased by 10.41%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.a
In 2024, Oriental Land Co reported Scope 2 greenhouse gas (GHG) emissions of 89,415 tCO₂e using the market-based method.a
Compared to the previous year (2023), Oriental Land Co's Scope 2 emissions (Market-Based) have remained relatively stable, indicating that Oriental Land Co's emissions have plateaued with no significant change in its energy consumption footprint.a
In 2024, Oriental Land Co reported its Scope 2 emissions using the market-based method.a
In 2024, Oriental Land Co reported 2,533,343 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 Oriental Land Co includes a breakdown across 10 of the 15 Scope 3 categories defined by the GHG Protocol, up from 8 in 2023, reflecting improved emissions accounting practices and greater transparency across the company's value chaina
In 2024, Oriental Land Co reported total Scope 3 emissions of 2,533,343 metric tons of CO₂ equivalent (tCO₂e).a
Approximately 96.99% of these emissions originated from upstream activities such as purchased goods and capital goods, while 3.01% came from downstream activities like product use, distribution, and end-of-life treatment.a
Since 2019, Oriental Land Co's Scope 3 emissions have increased by 382%, reflecting a rising long-term trend in Scope 3 emissions over time.ab
Compared to the previous year (2023), Oriental Land Co's Scope 3 emissions increased by 212.41%, suggesting that the company faced challenges in reducing emissions across its value chain.a
In 2024, Oriental Land Co 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 Oriental Land Co's Scope 3 emissions were:a
In 2024, Oriental Land Co reported Scope 1 greenhouse gas (GHG) emissions of 63,988 tCO₂e and total revenues of USD 4,084 millions. This translates into an emissions intensity of 15.67 tCO₂e per millions USD.a
In 2024, Oriental Land Co reported a Scope 1 emissions intensity of 15.67 tCO₂e per millions USD. Compared to the peer group median of 1.95, this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors.a
In 2024, Oriental Land Co ranked 22 out of 24 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD).a
This places Oriental Land Co among the least efficient performers, with one of the highest emissions intensities in its sector.a
In 2024, Oriental Land Co reported a total carbon footprint of 2,686,746 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 175.98% increase compared to 2023, suggesting a rise in emissions across its operations or value chain.a
The largest contributor to Oriental Land Co's total carbon footprint was Scope 3 emissions, accounting for 94.29% of the company's total carbon footprint, followed by Scope 2 emissions at 3.33%.a